Month: December 2018

Inside the collapse of Defy Media, which raised $70M and oversaw 50+ YouTube creators, including Smosh, many of whom are still owed money (Julia Alexander/The Verge)

Julia Alexander / The Verge: Inside the collapse of Defy Media, which raised $70M and oversaw 50+ YouTube creators, including Smosh, many of whom are still owed money  —  Ryland Adams is one of YouTube’s most prominent creators, best known for his collaborative work with boyfriend Shane Dawson and his time as a host on

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Tourlane, a travel booking service that solves the problem of coordinating bookings from different suppliers, raises $24M Series B led by Sequoia Capital (Andrii Degeler/Tech.eu)

Andrii Degeler / Tech.eu: Tourlane, a travel booking service that solves the problem of coordinating bookings from different suppliers, raises $24M Series B led by Sequoia Capital  —  Berlin-based travel booking platform Tourlane has raised a $24 million Series B funding round led by Sequoia Capital with participation … Tourlane, a travel booking service that

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Sources: ByteDance, the startup behind popular video app TikTok, is in talks to raise $1.45B for its first venture fund to invest in AI and media content (The Information)

The Information: Sources: ByteDance, the startup behind popular video app TikTok, is in talks to raise $1.45B for its first venture fund to invest in AI and media content  —  China’s ByteDance, the world’s most valuable startup worth $75 billion, is in talks to raise the equivalent of more than $1 billion … Sources: ByteDance,

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SoftBank hires Kirthiga Reddy, former managing director of Facebook India, as the first female partner to manage its $100B Vision Fund (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg: SoftBank hires Kirthiga Reddy, former managing director of Facebook India, as the first female partner to manage its $100B Vision Fund  —  SoftBank hired Facebook Inc. executive Kirthiga Reddy as a partner at its $100 billion Vision Fund, the first woman to join a group of just a dozen … SoftBank

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In 2018, at least $46.8B has been spent on acquiring open source companies, including IBM's $34B Red Hat purchase and Salesforce's $6.5B MuleSoft buy (Astasia Myers/Memory Leak)

Astasia Myers / Memory Leak: In 2018, at least $46.8B has been spent on acquiring open source companies, including IBM’s $34B Red Hat purchase and Salesforce’s $6.5B MuleSoft buy  —  Astasia MyersBlockedUnblockFollowFollowing  —  When Elastic filed its S-1 in September, we wrote a piece calling “2018: The Biggest Year for Open Source Software Ever!” In

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