Social media startup IRL is shutting down after an investigation by its board concluded that 95% of its claimed 20M MAUs in 2022 were “automated or from bots”
What is it about SoftBank that attracted so many grifters? — https://www.theinformation.com/ ... Twitter: Jessica Lessin / @jessicalessin : 95% fake!!! IRL raised $200 million from Softbank, Founder...
Social media startup IRL is shutting down after an investigation by its board concluded that 95% of its claimed 20M MAUs were “automated or from bots”
Last year, the CEO of messaging app IRL repeatedly said it had 20 million monthly active users, who chatted about shared interests and planned real-world events together. LinkedIn: Michael Jackson . B...
Disney CEO Bob Iger says the company plans to add Hulu content to Disney+ by the end of 2023; standalone options for its platforms, including ESPN+, will remain
what's going on? Matt Tamanini / The Streamable : Answering Questions About Disney+, Hulu's ‘One-App Experience’; Will All Content Be Included? What About Hulu + Live TV? Tom Power / TechRadar : Disne...
Adobe argues Figma will help the company rethink design tools for the cloud era; Adobe's competing product, XD, generated just $15M in ARR after seven years
a minuscule fraction of Figma's $400 million annual recurring revenue.' https://www.axios.com/... Ryan Ford / @theryanford : It's not that XD is a bad product. It isn't. It's that it wasn't inherently...
Memo to staff: Meta is reallocating resources from Facebook's News tab and newsletter platform Bulletin, as the company focuses more on the creator economy
to pay Rupert's and the Germans' blackmail, actually—without paying for links. Danny Denhard / @dannydenhard : Most people forget Facebook is ahead of the curve when it comes to who shares, what they ...
Bolt Financial laid off 185 employees, or about one-third of its workforce; some have to repay loans they took from the company for vested shares within 90 days
The Daily Brief is a free glimpse into the prevailing fundamental … Lindsey Choo / Protocol : Bolt lays off employees in a company restructuring Erin Woo / New York Times : Bolt, the payments start-up...
How the peer pressure to be a part of the blue bubble iMessage text groups keeps US teens locked into Apple's ecosystem
Good morning! Have you heard of Mukesh Ambani, the hotelier? Alan Friedman / PhoneArena : Google executive accuses Apple of using peer pressure and bullying to sell iPhones Jeff Butts / HotHardware.c...
Snowflake CEO says diversity shouldn't “override” merit in hiring decisions, claiming other CEOs feel the same way but are reluctant to say so publicly
Bloomberg : Tweets: @helpmeskeletor , @theryanford , @nicolewong , @base10 , @betterallies , @harisevugan , @danprimack , @danprimack , @asteadwesley , @tientzuo , @antoniogm , and @oduneweniyi Tweet...
Netflix is surveying users about their interest in features such as podcasts and user-generated playlists of shows and music, for a project called N-Plus
not a guarantee it will ever exist. One thing the survey makes clear, though, is that Netflix wants to own more than just TV shows but the world of content around it. https://www.protocol.com/... Lanc...
Eco, a personal finance app that offers yields of 2.5% to 5% and cash back for shopping at Amazon, Uber, and DoorDash, raises $26M led by a16z crypto
One of the challenges in any new industry — crypto being no exception … MK Manoylov / The Block : Personal banking startup Eco raises $26 million from investors Daniel Palmer / CoinDesk : Rewards-Focu...