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Streamer Plex launches its long-promised movie rentals store

February 7, 2024

Fresh on the heels of its $40 million fundraise, streaming media company Plex is today announcing its expansion into a new business: a movie rentals storefront. The addition, which will initially be offered to U.S. customers, will give the streamer another means of generating revenue beyond its subscription products and ad-supported streaming — a diversification […]

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3D scanning app Polycam gets backing from YouTube co-founder

February 7, 2024

Polycam, an app that uses a smartphone’s sensors to capture 3D scans of objects, is raising cash from prominent investors including Adobe and YouTube co-founder Chad Hurley. Polycam today announced that it closed an $18 million Series A round led by Left Lane Capital with participation from Adobe Ventures, Hurley and others. Chris Heinrich, Polycam’s […]

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Endpoint security startup NinjaOne lands $231.5M at $1.9B valuation

February 7, 2024

Just two years ago, VC funding to cybersecurity startups was on fire. $23 billion flooded the sector, per Crunchbase. But in 2023, cybersecurity upstarts only saw a third of that — the result of the exceptional surge in 2021, bloated valuations and investors wary of market instability. But there’s always some winners during down times. Yesterday, […]

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Beamer buys Userflow to build a consolidated user experience platform

February 7, 2024

It’s M&A season in a tough tech jobs market. This morning, Beamer, a Boulder, Colorado-based company developing tools for businesses to reach users through their apps (e.g. via push notifications), announced that it’s acquiring Userflow, a user onboarding software startup, for $60 million. Beamer CEO Satya Ganni says that the purchase, which is being financially […]

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4 Wall Street Darling Gold Stocks Worth Buying

February 7, 2024
Escalating geopolitical tensions, economic uncertainty, and expectations of interest rate cuts would be positive drivers for gold this year, which is widely seen as a safe-haven asset. Amid this backdrop,…

Are Stocks Stuck til Summer?

February 7, 2024
How high can the S&P 500 (SPY) go without the Fed lowering rates? Steve Reitmeister says that 5,000 is a lid on stock prices with likely pullback, trading range and…

WhatsApp is preparing to roll out third-party chat support

February 7, 2024

With a month away from the Digital Markets Act (DMA) deadline, WhatsApp is preparing to allow other messaging networks in its app. In an interview with Wired, Dick Brouwer, an engineering director at WhatsApp, said that the company is ready to offer interoperability on the platform with over 2 billion users. “There’s real tension between […]

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