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UK’s FocalPoint raises $17M for its software-based approach to repairing the flaws of GPS

By News Curator

GPS in its many regional flavors has become a ubiquitous feature in phones, smart watches, cars and other connected devices, but for all the location-based features that it helps enable (mapping being the most obvious) it has a lot of shortcomings: it can be slow and inaccurate, it can contribute to faster battery drain, and […]

UK’s FocalPoint raises $17M for its software-based approach to repairing the flaws of GPS by Ingrid Lunden originally published on TechCrunch

Muck Rack, the journalist database, raises $180M in its first outside funding

By News Curator

For any journalist who has ever googled their name, there is a good chance that one of the hits will be for Muck Rack, a database that trawls social media, online publications, and other expanses of the internet to compile lists of people, what they cover and where, a tool used by public relations pros,…

Tinder to kill crypto, metaverse plans amid Match Group earnings loss; Tinder loses its CEO

By News Curator

Dating giant Match Group announced a series of changes to Tinder’s management team alongside the announcement of disappointing second quarter earnings on Tuesday. Notably, Tinder CEO Renate Nyborg will be departing the company after less than a year in the top job. Match Group is also killing Tinder’s plans to adopt new technology, like cryptocurrencies…

Bumble makes its first acquisition with deal for French Gen Z dating app, Fruitz

By News Curator

Dating app company Bumble, Inc. is making its first acquisition with today’s news that it’s adding the fast-growing French dating app Fruitz to its family of applications. Though Bumble, Inc. already has an international footprint as the parent company to Badoo, which is particularly popular in Europe, it sees the addition of Fruitz as a…

Picsart acquires R&D company DeepCraft in seven-figure deal to aid video push

By News Curator

SoftBank-based digital creation platform Picsart, which recently hit uniciorn status, announced today it’s acquiring the research and development company DeepCraft. The deal is a combination of both cash and stock and is in the seven-figure range, but the exact terms aren’t being disclosed. Picsart today offers a range of digital creation and editing tools aimed…