TikTok and Ticketmaster are expanding their partnership into 20 new countries after initially launching it in the United States back in August 2022. The partnership allows users to discover events and buy tickets for them directly in TikTok without having to leave the app. The feature is now available in the United Kingdom, Ireland, Australia, […]
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Allen Career Institute has acquired Doubtnut in a deal that values the young edtech at $10 million, according to a person familiar with the matter, a reversal of fortune for the once promising edtech leading app. The two firms confirmed the deal on Monday, but declined to share financial terms of the acquisition. Seven-year-old Doubtnut, […]
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Milan-based creative app studio Bending Spoons has laid off the entire staff of Filmic, which made popular video and photo editing apps such as Filmic Pro, per a report by PetaPixel. Bending Spoons acquired Filmic last July and the move was announced in September. In the past few days, several Filmic employees have posted about […]
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Spotify is eliminating about 17% jobs, its third round of layoffs, as the music streaming looks to become “both productive and efficient.” In a note to employees Monday, Spotify founder and chief executive Daniel Ek said the right-sizing of the workforce is crucial for the company to face the “challenges ahead.” He cited the slow […]
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MoveinSync, an Indian startup offering mobility solutions to blue-chip companies for workplace commute, is engaging with investors to raise a growth round, according to people familiar with the deliberations. The 14-year-old startup is engaging with investors to raise about $50–$60 million, part of which is to offer partial exit to some early backers, the people […]
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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […]
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Indonesia’s construction industry is growing quickly, driven by residential and industrial building, alongside infrastructure development plans by the government. Sourcing skilled labor is still a time-intensive process, however, and often relies on personal networks and lengthy recruitment efforts. The founders of Gravel want to change that by making it easier to find workers and other […]
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The fund is technically a nonprofit with a debt fund attached.
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