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Pinterest shares drop as company misses on user growth … again

Pinterest’s shares had popped last week when Snap posted its best quarter in four years, as investors were betting Pinterest’s image-based social app would also see a return in advertiser spending. Those expectations now appear to be correct, as Pinterest beat on earnings with second-quarter revenue of $613.2 million and […]

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INKR draws in $3.1M to make more comics accessible to worldwide audiences

Digital comics platform INKR’s team INKR is a digital comics platform that crosses cultural and language divides, enabling creators to reach global audiences with its proprietary localization technology. Previously bootstrapped, the company announced today that it has raised $3.1 million in pre-Series A funding led by Monk’s Hill Ventures, with […]

Spotify’s Clubhouse rival, Greenroom, tops 140K installs on iOS, 100K on Android

Spotify’s recently launched live audio app and Clubhouse rival, Spotify Greenroom, has a long road ahead of it if it wants to take on top social audio platforms like Clubhouse, Airtime, Spoon and others, not to mention those from top social networks, like Twitter and Facebook. To date, the new […]

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Spotify’s podcast ad revenue jumps 627% in Q2

In the minutes before its quarterly earnings call this morning, Spotify played advertisements for its Originals & Exclusives, like the true crime show “Deathbed Confessions,” and the sex and relationships podcast “Call Her Daddy,” which Spotify recently acquired in a deal worth $60 million. Sure, it’s kind of hilarious to […]

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Apple News partners with NBCUniversal to share exclusive Olympics content

It’s hard to keep up with the Olympics any year, let alone when they’re taking place in a time zone that’s 13 hours ahead of you (if you’re on the U.S. East Coast). Apple News on Monday announced a collaboration with NBCUniversal (the U.S. broadcast rights holder for the Olympics) […]

India’s ShareChat valued at $2.88 billion in $145 million fundraise

Indian social media platform ShareChat said on Tuesday it has raised an additional $145 million and is now valued at nearly $3 billion, less than three months after it secured $502 million at a valuation of $2.1 billion. Temasek and Moore Strategic Ventures led the new tranche of investment while Mirae-Naver […]

This Week in Apps: Clubhouse opens up, Twitter talks bitcoin, Snap sees record quarter

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes […]

Pro tips from the team behind Kickstarter’s most funded app

Alex Ruzh Contributor Share on Twitter Alex Ruzh is the CEO and co-founder of memoryOS, an edtech startup developing AI-powered gamified software teaching people how to remember anything. Here at memoryOS, we have a saying we repeat often: “Most of the Kickstarter happens before the actual Kickstarter.” Preparation is the […]

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Apple Music brings its spatial audio and lossless streaming to Android

It takes a really specific consumer to buy an Android phone, yet use Apple Music. But the small overlap in that Venn diagram may be getting bigger. Last month at WWDC, Apple unveiled a free update for Apple Music subscribers that added lossless audio streaming and spatial audio with support […]

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Snap had its best quarter in four years

If you’ve started using Snapchat more regularly this year, you’re not alone. At yesterday’s Q2 earnings call, Snap CEO Evan Spiegel announced that the platform grew both revenue and daily active users at the highest rates it has achieved in the last four years. Snapchat now has 293 million daily […]