Author: TechBrunch

At a recent investor conference, early African investor Ui Capital returned $4 million of its debut capital to limited partners following the sale of a partial stake in business banking platform Monypoint. It was announced that. The African fintech unicorn has so far proven to be a standout investment for five-year-old Oui Capital. When it launched its first fund, it invested $150,000 in the Nigeria-based company, an early bet that has since earned $8 million in profits, enough to pay off the fund. produced. Specifically, last October, when Moniepoint raised $110 million in a Series C round led by Development…

All social networks that use TikTok's services are in the recovery stage, and the app is still unavailable on the App Store and Play Store. Bluesky announced Sunday that it is launching a custom feed of vertical videos within the app. Users can use Bluesky's mobile app.[探索]You can check the trending video section in the tab. Just like other vertical video apps, you can swipe up to see more videos. You can choose to pin the feed so it appears on your home screen or add it to your list of feeds. “We also needed to participate in video activities.…

In 2023, defense technology recruiter Peterson Conway VIII pulled up to the offices of fusion startup Hughes in his black Suburban, wearing his signature cowboy hat. He picked up a recent hire at Hughes and began regaling her with stories from his old days as a new employee. In one story, prostitutes attended a recruiting event (“not for sex,” Conway clarified to TechCrunch). The new employee was not satisfied. “I thought that was a funny thing to say,” Conway said with a sigh, admitting that he was “a hell of a person.” Fuse founder JC Btaiche overheard the conversation, agreed,…

After ByteDance's video editing app CapCut was removed from Apple's App Store and Google Play Store as part of the TikTok ban, Meta Sunday announced a new video editing app called Edits. Instagram head Adam Mosseri (pictured above) said in the thread that the app will be released on iOS next month, followed by an Android version. He added that the company is working with selected creators to gather feedback on the app. “Today we are announcing a new app called 'Edits' for those who are passionate about creating videos on their mobile phones. There's a lot going on right…

TikTok went dark in the United States on Saturday night due to a federal law banning the short-form video app popular with millions of Americans. However, the company began restoring service by noon Sunday. TikTok users began receiving messages regarding the ban starting around 10:30 pm ET on Saturday evening, and the app also disappeared from the Apple and Google Play app stores. As of Sunday morning, some users in the United States could still access TikTok via the web. “We're sorry, but TikTok is currently unavailable,” the company's message reads. “A law has been enacted to ban TikTok in…

TikTok went dark for US users on Saturday night, but it may not stay that way for long. President-elect Donald Trump told Truth Social on Sunday morning that he was issuing an executive order on Monday that would “extend the period of time that the law's ban goes into effect so that we can reach agreements that protect our national security.” I posted that I plan to do so. Even before TikTok was shut down, President Trump said he would likely give the company a 90-day extension. In his Sunday post, President Trump also gave an “initial idea” of what…

As if losing your job when the startup you work for goes bankrupt isn't bad enough, security researchers have found that employees of failed startups are especially at risk of having their data stolen. This can range from personal Slack messages to social security numbers and even bank accounts. The researcher who discovered the issue is Dylan Ailey, co-founder and CEO of Truffle Security, a startup backed by Andreessen Horowitz. Ayrey is best known as the creator of the popular open source project TruffleHog. TruffleHog helps you monitor data leaks if bad actors obtain your identity login tools (API keys,…

In an unusual move amid the TikTok shutdown, Apple released a statement and supporting document listing all affected apps that are inaccessible in the U.S. iPhone makers don't typically release information about when they block apps. . Other ByteDance apps are also among the blocked apps, including CapCut, Lemon8 (which has proliferated in recent months), and Marvel Snap, among others. Here is the complete list of apps removed by Apple: TikTok TikTok Studio TikTok Shop Seller Center CapCut Lemon8 Hypic Lark – Team Collaboration Lark – Room Display Lark Rooms Controller Gauth: AI Study Companion MARVEL SNAP Apple said in…

TikTok has been kept in the dark in the US. That's the effect of a federal law that bans the short-form video app, popular with millions of Americans, at least for now. TikTok users began receiving messages about the ban around 10:30 p.m. ET. As of Saturday evening, the app is also no longer available in the Apple or Google Play app stores. “We're sorry, but TikTok is currently unavailable,” the company's message reads. “A law has been enacted to ban TikTok in the United States. Unfortunately, you will not be able to use TikTok at this time.” The message…

With a TikTok ban looming in the US, Perplexity AI is the latest bidder hoping to give the video app a new home. CNBC first reported on Perplexity's interest. A source familiar with the proposal confirmed to TechCrunch that Perplexity (CEO Aravind Srinivas, pictured above) has made a bid to merge with TikTok US. The official also confirmed other details about the bid. The idea was to create a new entity combining Perplexity, TikTok US, and a new equity partner. Most investors in TikTok's parent company ByteDance will be able to keep their shares. And with the merger, Perplexity hopes…