Flickr is adding a new virtual photography category to help users find and categorize images they capture in their favorite video games. Previously, the platform only offered three content categories: photos, illustration and art, and screenshots. The company notes the third and final one didn’t quite meet the needs of one of its fastest-growing communities,… Continue reading Flickr adds a virtual photography category as more games embrace photo modes
Category: Tech News
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Patreon lays off 17 percent of its employees
Patreon, a platform that helps creators to generate more income from their work, has laid off 80 employees, or around 17 percent of its total headcount, amid the global economic slowdown and fears of a recession. The company is closing its Berlin office, which housed sales and marketing employees. Patreon is centralizing those operations in… Continue reading Patreon lays off 17 percent of its employees
Discord voice chat is now available on Xbox One and Xbox Series X/S
Following an Insider beta test that began in July, Discord voice chats are now available on all Xbox One and Xbox Series X/S consoles. The integration allows Discord users on Xbox, PC and mobile to join the same voice channels. You’ll first need to link your Discord and Xbox accounts together to get started. If… Continue reading Discord voice chat is now available on Xbox One and Xbox Series X/S
Indonesia’s AC Ventures hits first close of $250m, fifth early-stage fundRead the interview with managing partners Helen Wong and Adrian Li.
Indonesia-focused venture capital firm AC Ventures (ACV) has secured the first close of its $250 million, fifth early-stage fund, according to a statement. Roughly two-thirds of the target has been raised from institutional investors across markets including Europe, the US, China, South Korea, and Southeast Asia. The fund has already deployed into five seed deals,… Continue reading Indonesia’s AC Ventures hits first close of $250m, fifth early-stage fundRead the interview with managing partners Helen Wong and Adrian Li.
Ant Group gradually rebuilds for regulators, but at what cost?
Following more than a year of restructuring, Ant Group Co. Ltd. is gradually picking up the pieces and making its way back into Chinese regulators’ good graces. But the fintech company is a stripped-down version of the titan it once was, with its highly lucrative consumer lending business decoupled from ubiquitous payments service Alipay and… Continue reading Ant Group gradually rebuilds for regulators, but at what cost?
China urges platform companies to protect rights of gig workers
China urged platform companies to protect the rights of gig workers, according to a joint statement issued the human resources ministry and other ministries on Tuesday, after a meeting between regulators and the companies last Friday. The 11 companies that took part included take-out delivery platforms Meituan, ele.me and ride-hailing firm Didi Global, the Ministry of… Continue reading China urges platform companies to protect rights of gig workers
Investment vehicles launched by veteran Indian dealmakers look to raise big funds
Top Indian deal makers are coming forward to set up their own investment vehicles and back startups at a time when the so-called funding winter is staring at entrepreneurs across the globe. Take the case of Rajeev Misra for instance. The SoftBank Vision Fund CEO was in the headlines recently for being on the road… Continue reading Investment vehicles launched by veteran Indian dealmakers look to raise big funds
FMO proposes to invest $20m in Lok Capital’s fourth India-focused PE fund
Dutch entrepreneurial development bank FMO has proposed to invest $20 million in Lok Capital IV LLC, the fourth India-focused private equity fund of New Delhi-based impact investor Lok Capital, according to a disclosure. FMO intends to commit to the fund at first close to support its fundraising and allow it to reach its target fund size of… Continue reading FMO proposes to invest $20m in Lok Capital’s fourth India-focused PE fund
Judge throws out Facebook collusion claims in Google antitrust suit
/ Court dismissed claims that the ‘Jedi Blue’ program illegally monopolized ad-tech, but it let the larger case proceed A Google G logo.The Verge A federal judge has allowed crucial elements of an antitrust case against Google to proceed, including allegations that Google illegally monopolized the ad-tech market. However, Judge P. Kevin Castel dismissed claims… Continue reading Judge throws out Facebook collusion claims in Google antitrust suit
Honda’s EV motorcycle offensive includes one just for kids
Honda plans to launch at least 10 all-electric motorcycles by 2025, including one for children, as demand for business-use bikes rises worldwide. The world’s largest motorcycle manufacturer said Tuesday that it’s targeting annual sales of 1 million electric motorcycles within the next five years. It announced a number of changes to its motorcycle lineup, including… Continue reading Honda’s EV motorcycle offensive includes one just for kids