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Instagram swaps out its ‘Activity’ tab for ‘Shop’ in new global test

Instagram swaps out its ‘Activity’ tab for ‘Shop’ in new global test

by admin | Jul 7, 2020 | News

Instagram today is starting a small global test of the Instagram Shop tab, first announced this May, which allows Instagram users to shop from top brands and creators via a new tab in the app’s navigation bar with just one tap. Here, users will be able to filter...
Athlane looks to connect brands and esports streamers with a fresh $3.3 million in funding

Athlane looks to connect brands and esports streamers with a fresh $3.3 million in funding

by admin | Jul 7, 2020 | News

Athlane, the YC-backed company from the Summer ’19 cohort, is today ready to launch with a fresh $3.3 million in capital. Investors include Y Combinator, Jonathan Kraft (New England Patriots), Michael Gordon (President of Fenway Sports Group, which owns the Red Sox...
Magic Leap has a new chief executive and it’s former Microsoft exec Peggy Johnson

Magic Leap has a new chief executive and it’s former Microsoft exec Peggy Johnson

by admin | Jul 7, 2020 | News

Peggy Johnson, the former executive vice president of business development at Microsoft, has been named as the new chief executive of Magic Leap, the company said in a statement. Johnson, who will begin her new role on August 1, 2020, comes to Magic Leap after a...
Uber grocery delivery launches in Latin America and Canada, US to follow later this month

Uber grocery delivery launches in Latin America and Canada, US to follow later this month

by admin | Jul 7, 2020 | News

A day after acquiring Postmates for $2.65 billion, Uber has officially launched grocery delivery in select Latin American and Canadian cities. The initiative is the product of the also recently announced acquisition of Cornershop (still pending regulatory approval),...
Alphabet’s Loon launches its balloon-powered Kenyan internet service

Alphabet’s Loon launches its balloon-powered Kenyan internet service

by admin | Jul 7, 2020 | News

Alphabet’s Loon has officially begun operating its commercial internet service in Kenya . This is the first large-scale commercial offering that makes use of Loon’s high-altitude balloons, which essentially work as cell service towers that drift on currents in the...
Berlin’s Cavalry Ventures closes €80M, backed by DACH founders and EIF

Berlin’s Cavalry Ventures closes €80M, backed by DACH founders and EIF

by admin | Jul 7, 2020 | News

Cavalry Ventures, the Berlin-based early-stage venture fund which was the lead inceptor into BRYTER, has closed its second fund of €80M, more than 3.5x the size of its maiden fund. Geared somewhat like a large Angel syndicate, Cavalry’s LPs tend to be active founders...
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