In the past few weeks, we’ve heard Fifth Wall’s Brendan Wallace and Hippo’s Assaf Wand discuss the biggest opportunities in prop tech, heard why Scale AI’s Alex Wang and Accel’s Dan Levine think that unconventional VC deals can be the best option and taken a stroll through the Poshmark Series A deck with CEO Manish […]
Monthly Archives: April 2021
Instagram Live takes on Clubhouse with options to mute and turn off the video
In addition to Facebook’s Clubhouse competitor built within Messenger Rooms and its experiments with a Clubhouse-like Q&A platform on the web, the company is now leveraging yet another of its largest products to take on the Clubhouse threat: Instagram Live. Today, Instagram announced it’s adding new features that will allow users to mute their microphones […]
Jim Belushi is chasing the magic in cannabis
I don’t think Jim Belushi was high while we talked on Zoom this week. Instead of a joint, he was puffing on a cigar, but he was still happy and smiling. “I have my brother’s face on it. I have the Blues Brothers brand. It’s got to be good shit, man.” Jim Belushi was telling […]
Click Studios asks customers to stop tweeting about its Passwordstate data breach
Australian security software house Click Studios has told customers not to post emails sent by the company about its data breach, which allowed malicious hackers to push a malicious update to its flagship enterprise password manager Passwordstate to steal customer passwords. Last week, the company told customers to “commence resetting all passwords” stored in its flagship […]
IBM is acquiring cloud app and network management firm Turbonomic for up to $2B
IBM today made another acquisition to deepen its reach into providing enterprises with AI-based services to manage their networks and workloads. It announced that it is acquiring Turbonomic, a company that provides tools to manage application performance (specifically resource management), along with Kubernetes and network performance — part of its bigger strategy to bring more […]
U.S. video game spending increased 30% in Q1
Even as signs of hope for life after the pandemic have begun to emerge here in the U.S., increases in video game spending continue. There’s no doubt that much of last year’s big numbers were driven by stay-at-home requirements in much of the country and the world. All said, U.S. spending on the industry increased […]
Fintech startups set VC records as the 2021 fundraising market continues to impress
While waiting for full first-quarter venture capital results for fintech startups to drop, we knew that they were going to be outsized. The Exchange previously explored the pace at which huge venture rounds were invested into the startup niche, noting that by mid-March the fintech market had already recorded a record number of $100 million […]
Google Pay update adds grocery offers, transit expansions, and spending insights
Following November’s overhaul of Google Pay, which saw the service expanding into personal finance, the company today is rolling out a new set of features aimed at making Google Pay more a part of its users’ everyday lives. With an update, Google Pay will now include new options for grocery savings, paying for public transit, […]
Firstbase raises $13M to make remote work suck less
The chance that I am ever willing to commute on a regular basis again in the future is zero. It’s too inefficient. And while workers and employers are somewhat split on where they stand on the question of remote toil, the COVID-19 pandemic has permanently shaken up the working world; we’re not going back to […]
MoviePass co-founder’s PreShow Interactive raises $3M to expand into gaming
PreShow Interactive is giving gamers a new way to earn in-game currency in exchange for watching ads — a concept that’s become familiar in mobile games but hasn’t really made much headway on PCs or consoles. The startup is led by MoviePass’ founding CEO Stacy Spikes. When I spoke to Spikes about PreShow two years […]