network

Shopify’s Latest Acquisition: Threads (Don’t Get Confused!)

Threads.com
Shopify has acquired Threads.com, the Seqiuoa-backed Slack alternative, Threads said on its website. The companies didn’t disclose the terms of the deal but said that the Threads.com team will join Shopify. It was thrown into the limelight after Meta launched Threads, its Twitter-like social network. Notably, Meta also had another product named Threads, an Instagram companion app that started in 2019 and was shut down in 2021. And on Android the app crossed the mark of a million lifetime downloads with just a few downloads prior to Meta launching its Threads social network.

“Two Chairs secures $72 million in Series C funding to expand its therapist network through equity and debt capital”

4. Alex Katz And Colleen Marshall
When Alex Katz founded Two Chairs in 2017, he firmly believed that in-person therapy is the most effective for behavioral health. On Tuesday, the company announced a $72 million Series C equity and debt financing led by Amplo and Fifth Down Capital, bringing Two Chairs total funding to $103 million. Amplo also led the company’s $22.5 million Series B in August 2019. Two Chairs is one of the latest therapy startups to raise substantial funding rounds. Last week, Grow Therapy, a three-sided mental health platform for therapists, payers and patients, raised an $88 million Series C round led by Sequoia.

“Exclusively for VIPs: Head of States Can Now Join Bluesky Social Network!”

Bluesky 004
Bluesky now allows heads of states to sign up for the social networkSocial networking platform Bluesky lifted its ban on sign-ups for heads of state over the weekend. This applies to recent/prominent heads of state as well,” the company had said at that time. Bluesky faced moderation challenges early in its lifespan and battled issues like allowing racial slurs in handles. With the social network now allowing political heads to join the platform, there could be new types of moderation issues that it hasn’t faced yet. However, Bluesky users don’t have to rely on a central algorithm to look at different kinds of political content, as they can subscribe to different feeds.

“Breaking News: Google Expands Find My Device Network to US and Canada”

Gettyimages 1207206237
Google is launching its upgraded Find My Device network in the U.S. and Canada, the company announced on Monday. Find My Device’s crowdsourced network of over a billion Android devices can help users find their misplaced Android devices and everyday items. The Find My Device Network, which is similar to Apple’s Find My network, works with devices running Android 9+. The new Find My Device network also integrates with Nest smart home gadgets and shows a lost device’s proximity to home Nest devices. “Multi-layered protections built into the Find My Device network help keep you safe and your personal information private, while keeping you in control of the devices connected to the Find My Device network.

“Palmsy: The Ultimate Device-Exclusive Social Network for Your Posting Cravings”

Palmsy
When you sign up to a new social network, you have zero friend, zero follower, zero like. A new app called Palmsy is trying to act as social media methadone by letting you post anything and getting likes on them. While the app is reading your contact details, because all posts are local, contact information is not sent to a server. There have been multiple time-limiting apps that try to help when it comes to reducing social media addiction. Some developers have also released very basic apps to post dumb posts without consequences as well.

Fine-tuning the User Demographic of LinkedIn: Strategizing for Those Straddling Between TikTok and the Older Twitter

Gettyimages 1875376085 E1711624734190
Two weeks ago, TechCrunch broke the news that LinkedIn was getting into games, helping users “deepen relationships” through puzzle-based interactions. And on Wednesday, TechCrunch reported that the Microsoft-owned social network was experimenting with short-form videos. It’s as if LinkedIn is targeting a whole new “type” of user — one caught in limbo somewhere between two other well-known social networks. And LinkedIn shouldn’t try to be Twitter or TikTok — it’s aimed at an entirely different audience. And now with games and short-form videos in the mix, LinkedIn wants even more of the action.

PayPal Invests $47M in Indonesian InsurTech Startup Qoala

Gettyimages 500798563 1
PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations. Qoala has secured $47 million in a new round co-led by PayPal Ventures and MassMutual Ventures, the five-year-old startup said Wednesday. Qoala, headquartered in Jakarta, is an insurance broker that works with top local insurers and e-commerce firms to offer customers personalized and affordable products. The startup sells these insurance both through its website and app as well as through offline engagements. “It is commendable to see what Qoala has achieved in a short period of time,” said Alexandros Bottenbruch, Principal at PayPal Ventures in a statement.

Undercover Project: Facebook Monitored Snapchat Traffic Without Users’ Knowledge, According to Confidential Documents

Mark Zuckerberg Meta Facebook Snapchat Project Ghostbusters
In 2016, Facebook launched a secret project designed to intercept and decrypt the network traffic between people using Snapchat’s app and its servers. The goal was to understand users’ behavior and help Facebook compete with Snapchat, according to newly unsealed court documents. The newly released documents reveal how Meta tried to gain a competitive advantage over its competitors, including Snapchat and later Amazon and YouTube, by analyzing the network traffic of how its users were interacting with Meta’s competitors. Given that Snapchat encrypted the traffic between the app and its servers, this network analysis technique was not going to be effective. Later, according to the court documents, Facebook expanded the program to Amazon and YouTube.

“Transforming the Digital Landscape: An Upcoming web3 Network Strives to Break Free from Big Tech’s Data Domination”

Gettyimages 1312904817
A new web3 network is being built right now that wants to end Big Tech’s control of your dataMany of the people building Web3 feel like the traditional web ecosystem has taken advantage of users and their data. It’s the initial team supporting The Graph, a decentralized network that indexes, queries and organizes data. It has been called the “Google of web3” and aims to organize open blockchain data and make open data a public good. “Web3 is still being built, we’re still working on building this decentralized internet that is censorship resistant. “The one thing that’s really important about AI is that it’s all about data,” Kline said.

Rivian Launches New Adapters for Accessing Tesla’s Supercharger Network

Rivian Nacs
Ford was the first to start offering the so-called North American Charging Standard (NACS) adapters last month for free. Most automakers have announced that future EVs will incorporate Tesla’s charging tech into future vehicles. Rivian’s next-generation vehicles, which it just revealed earlier this month, will also include the Tesla charging port. Making Tesla’s Supercharger network accessible to owners means they now have 15,000 new fast chargers where they can plug in. Rivian has also been building out its own network of fast-charging stations, which it calls the Rivian Adventure Network.