Post News, a microblogging site that emerged in the days after Elon Musk’s Twitter acquisition, is shutting down just a year and a half after launching in beta.
Founder Noam Bardin, previously CEO of Waze, broke the news in a post on Friday.
“At the end of the day, our service is not growing fast enough to become a real business or a significant platform,” Bardin said.
Instead of subscribing to various different publications, Post users could purchase individual articles from certain partner outlets.
But perhaps it was too soon to try to capture this nascent movement in a social platform.
Midas, a fintech startup that allows people in Turkey to invest in U.S. and Turkish equities, says it has raised $45 million in a funding round led by Portage Ventures of Canada.
The startup is aimed at Turkey’s retail investor market and claims to have more than 2 million users.
That’s in a country of 80 million,” Egem Eraslan, CEO and founder of Midas, told TechCrunch.
The company has plans to expand beyond Turkey, and aims to target countries in the MENA region.
Globally, Portage invests in transformational financial technology and Midas is poised to lead that initiative in a region of early adopters.”
AirChat, the buzzy new social app, could be great – or, it could succumb to the same fate as ClubhouseOver the weekend, another social media platform exploded into the fray: AirChat.
Built by AngelList founder Naval Ravikant and former Tinder exec Brian Norgard, Airchat takes a refreshingly intimate approach to social media.
What I do consider a red flag is AirChat’s naive approach to content moderation.
Clubhouse’s approach to content moderation was even more permissive, since there was no way to block people for months after launch – AirChat already has block and mute features, thankfully.
With this minimalist approach to content moderation, it’s not hard to see how AirChat could get into hot water.
Paris-based Dark Space is taking on the dual problems of debris and conflict in orbit with their mobile platform designed to launch, attach to, and ultimately deorbit uncooperative objects in space.
team of space.”The three-year-old startup is developing Interceptor, a spacecraft that is essentially a rocket-powered boxing glove that can be launched on short order to gently punch a wayward object out of its orbit.
“All the space sector is organized to do planned, long missions … but orbital defense is more about unplanned, short missions,” Laheyne said.
In that sense, Interceptor “is more like an air defense missile,” he explained.
Dark Space was founded by Laheyne and CTO Guillaume Orvain, engineers who cut their teeth at multi-national missile developer MBDA.
After its IPO, the platform is planning a slew of product features for the year ahead, and — spoiler alert — most of them are powered by AI.
“I think the IPO was an important milestone, but we’re just focused on building for our users,” Reddit Chief Product Officer Pali Baht told TechCrunch.
Reddit’s product roadmap includes faster loading times, more tools for moderators and developers, and an AI-powered language translation feature to bring Reddit to a more global audience.
According to Reddit’s IPO filing, in December 2023, 50% of Reddit’s daily active unique users were from non-U.S. countries.
The company will build on those updates with other new tools, like an LLM that’s trained on moderators’ past decisions and actions.
Today they are the co-founders of Cherub, a marketplace that pairs angel investors with entrepreneurs.
Johnson likens Los Angeles-based Cherub to Raya, an online membership-based community for dating, in that it matches founders and angel investors based on their preferences.
Or if an entrepreneur’s minimum investment is $25,000 but an angel investor is only investing $10,000 per deal, they can see that and not reach out to connect.
Of those deals, 40% were new angel investors, meaning they were accredited investors that had never written checks before.
Angel investor Allen Orr told TechCrunch that he had used other platforms such as AngelList in the past.
But the enormous growth of API usage — around half of all internet traffic — is putting businesses’ data at risk.
Cybersecurity startup Vorlon says it helps businesses protect their data from such incidents using its platform, and raised $15.7 million to improve its technology.
Founded in 2022 by former Palo Alto Networks executives Amir Khayat and Amichay Spivak, Vorlon analyzes network traffic to detect and remediate potential API abuse in real-time.
Vorlon uses AI to analyze and map all the API communication it monitors and translate it into human-readable language.
Khayat said Vorlon doesn’t send chatbot data anywhere; instead, it sends user queries to its own databases, and the chatbot will return the information from the startup’s database.
Once a Kickstarter campaign is complete, you need to turn to a creator’s own page to pre-order the products — that is, until now.
Which, of course, it will do for Late Pledges as well.
A spokesperson for Kickstarter assures us that Late Pledges is seamlessly integrated within the Kickstarter platform, ensuring a smooth and efficient experience for all users.
That makes Late Pledges an excellent way to leverage the momentum from successful campaigns.
Despite potential challenges, Late Pledges offers substantial benefits to Kickstarter creators.
Truth Social, the social media platform owned by Donald Trump’s media company, has announced plans to launch a live TV streaming platform.
The streaming service will launch in three phases.
The company first plans to introduce Truth Social’s CDN (content delivery network) for streaming to the Truth Social app for Android, iOS and the web.
Next, Truth Social plans to release over-the-top (“OTT”) streaming apps for phones, tablets and other devices.
Truth Social went public last month after shareholders approved a merger of TMTG and Digital World Acquisition, a special purpose acquisition company (SPAC).
Moonlight is a free online tarot platform, where you can draw tarot cards on your own, do a reading in a multiplayer room or even book a session with a vetted tarot professional (that’s where the SaaS part comes in).
It was at one of these lessons that Baskin first imagined what an online tarot platform could look like.
As she was building out the idea for Moonlight, Baskin teamed up with Caroline Hermans, a game designer and former UX engineer at Google.
“I was worried that investors might think I’m a prankster — will that hurt me in actually making a business?
We’re all using technology, and I think they’re excited that someone’s making a platform who’s a tarot person, too.”
