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Category Archives: Tech
Why HoneyBook’s $140M in ARR may finally justify its $2.4B ZIRP-era valuation
HoneyBook, a startup last valued in late 2021 at $2.4 billion, told TechCrunch that it hit $140 million annualized recurring revenue (ARR). This makes HoneyBook one of the few startups with peak-VC-era valuations to report their financials after the market … Continue reading
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Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake
Ubisoft on Thursday announced it’s creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.
Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services
Robinhood is evolving from a simple-to-use brokerage for young investors to a provider of wealth management and broader banking services.
Instagram now lets you speed up reels just like on TikTok
Meta-owned Instagram is copying yet another feature from TikTok. This time, it’s the ability for users to play a reel at 2x speed by long pressing on the right or left side of their screen. When TikTok first launched, videos … Continue reading
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Facebook debuts a revamped Friends tab as part of its return to ‘OG’ Facebook
After teasing a return to “OG Facebook” earlier this year, the social network on Thursday announced an update that will give users a simple way to connect with friends. The company is introducing a new Facebook Friends tab that will … Continue reading
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TikTok to launch TikTok Shop in France, Germany, and Italy
TikTok is set to expand its TikTok Shop e-commerce platform to users in France, Germany, and Italy on Monday, Reuters reports. TikTok Shop has been available in the United Kingdom since 2021, and now the company is ready to expand … Continue reading
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Signal downloads spike in the U.S. and Yemen amid government scandal
The encrypted messaging app Signal is getting some unexpected attention this week. High-ranking officials in the Trump administration, including Vice President J.D. Vance and Secretary of Defense Peter Hegseth, communicated the plans for an attack on the Yemeni Houthis via … Continue reading
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New Utah law makes app stores responsible for age verification
Meta, X, and Snap are celebrating a new Utah law that will require Apple and Google to take responsibility for verifying users’ ages on their app stores and obtain parental consent for minors. The tech giants have been battling to … Continue reading
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Nvidia to anchor CoreWeave IPO at $40 a share, source says
Wall Street was optimistic that President Trump term would be more favorable for technology stocks, but the sector has gotten off to a rough start to the year.
How A.I. Chatbots Like ChatGPT and DeepSeek Reason
Companies like OpenAI and China’s DeepSeek offer chatbots designed to take their time with an answer. Here’s how they work.