Apple’s China stance makes for strange political alliances, as AOC and Ted Cruz slam the company

Apple’s China stance makes for strange political alliances, as AOC and Ted Cruz slam the company

In a rare instance of bipartisanship overcoming the rancorous discord that’s been the hallmark of the U.S. Congress, senators and sepresentatives issued a scathing rebuke to Apple for its decision to take down an app at the request of the Chinese government. Signed by Senators Ron Wyden, Tom Cotton, Marco Read more…

Popular app Snaptube caught serving invisible ads and charging users for premium purchases they haven’t made

Popular app Snaptube caught serving invisible ads and charging users for premium purchases they haven’t made

A popular video downloader app for Android has been found generating fake ad clicks and unauthorized premium purchases from its users, according to a security firm. Snaptube, which boasts some 40 million users, allows users to download videos and music from YouTube, Facebook, and other major video sites. The app, Read more…

ShadyRays DPA 2

Snapchat goes after retailers and DTC brands with new Dynamic Ads

Snap today is announcing a new kind of advertising product, Dynamic Ads, that will help it to better attract ad dollars from retail, e-commerce, and other direct-to-consumer brands — a group that today thrives on Instagram. With Dynamic Ads, advertisers can now automatically create ads in real-time based on extensive Read more…

Source: Nike has picked up Russell Wilson’s Tally/TraceMe in a rare acquisition

Source: Nike has picked up Russell Wilson’s Tally/TraceMe in a rare acquisition

Nike has long been synonymous with premium sneakers and other sports gear, but now it seems that the company could be extending its brand into another area — digital media — thanks to the rumored acquisition of a Seattle-based startup. TechCrunch has learned from a source that multi-billion dollar sports Read more…

Africa e-tailer Jumia’s shares fall 4% day after IPO lockup expiration

Africa e-tailer Jumia’s shares fall 4% day after IPO lockup expiration

Shares of Africa focused e-commerce company Jumia dropped 4% the day after the lockup period expired for its April IPO on the New York Stock Exchange. The lockup provision prevents major shareholders — namely those who purchased equity pre-public listing — from selling their shares for a specified number of Read more…

Nexkey Send Keys

Nexkey raises $6M Series A round to make your company’s doors smarter

Nexkey, a company that provides a mobile access control solution for commercial buildings and workspaces, today announced that it has raised a $6 million Series A round led by Upfront Ventures. K9 Ventures, Mark IV Capital and Anand Chandrasekaran, the former Head of Platform for Messenger at Facebook, also participated Read more…

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Toys R Us relaunches its website where online sales are powered by Target

Toys R Us is back online, thanks to a new deal with Target. Tru Kids, the parent company that acquired the defunct toy chain following its bankruptcy, has announced the relaunch of the ToysRUs.com website as it begins the process of opening its retail stores across the U.S. As a Read more…

PayPal is the first company to drop out of the Facebook-led Libra Association

PayPal is the first company to drop out of the Facebook-led Libra Association

PayPal is the first company to walk away from Facebook’s Libra cryptocurrency. PayPal’s decision to take its ball and go home was first reported by The Wall Street Journal . “PayPal has made the decision to forgo further participation in the Libra Association at this time and to continue to Read more…