Netflix is beginning to test its cloud gaming service in the U.S. after initially launching limited trials in Canada and the U.K. The service, an expansion on the company’s mobile gaming efforts which began in 2021, has seen the streamer picking up gaming studios and licensing titles from individual developers with the intention to make […]
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Flexport founder Ryan Petersen said in September — in the wake of his hand-picked CEO’s sudden departure — that the logistics company needed to get its house in order. It started with Petersen rescinding dozens of employment offers and looking to lease out the company’s office space as it looks to get costs under control. […]
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Let’s take this occasion to raise a glass to a great idea that took only two decades to triumph, and examine the knock-on effects of that great idea.
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Per PitchBook, through Q3 2023, seed-stage startups clocked a median pre-money valuation of $12 million, beating 2022’s record of $11.1 million.
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CapCut, the ByteDance-owned video editing app that’s the company’s second to hit $100 million in consumer spending after TikTok, is now expanding into business tools. Known today for its easy-to-use templates, tight integration with TikTok, and rapid adoption of AI effects and filters, CapCut has been a top consumer video editing app that now regularly […]
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