Cent was founded in 2017 as an ad-free creator network that allows users to offer each other crypto rewards for good posts and comments — it’s like gifting awards on Reddit, but with Ethereum. But in late 2020, Cent’s small, San Fransisco-based team created Valuables, an NFT market for tweets, and by March, the small […]
Substack doubles down on uncensored ‘free speech’ with acquisition of Letter
Substack announced last week that it acquired Letter, a platform that encourages written dialogue and debate. The financials of the deal weren’t disclosed, but this acquisition follows Substack’s recent $65 million raise. Newsletters are all the rage — Facebook launched its exclusive, celeb-studded Bulletin platform last month, and Twitter acquired the newsletter startup Revue earlier […]
Pokémon GO influencers threaten a boycott after Niantic removes COVID safety measures
The creators of Pokémon GO, Niantic, developed one of the first mainstream augmented reality games, boasting 166 million users and over a billion dollars in revenue last year. Taking inspiration from the main series Pokémon games, Pokémon GO uses in-game incentives to encourage users to explore their surroundings, team up with other users to fight […]
Yat thinks emoji ‘identities’ can be a thing, and it has $20M in sales to back it up
I learned about Yat in April, when a friend sent our group chat a link to a story about how the key emoji sold as an “internet identity” for $425,000. “I hate the universe,” she texted. Sure, the universe would be better if people with a spare $425,000 spent it on mutual aid or something, […]
Snapchat adds My Places feature to Snap Map, recommending spots to visit
As more people are venturing out into the world this summer (safely, we hope!), Snapchat wants to make it easier for people to find restaurants, stores, parks, and other interesting spots in their neighborhood. Today, Snapchat is starting to roll out the My Places feature on its Snap Map, which connects users with over 30 […]
Spotify’s podcast ad revenue jumps 627% in Q2
In the minutes before its quarterly earnings call this morning, Spotify played advertisements for its Originals & Exclusives, like the true crime show “Deathbed Confessions,” and the sex and relationships podcast “Call Her Daddy,” which Spotify recently acquired in a deal worth $60 million. Sure, it’s kind of hilarious to hear a recording of host […]
Instagram now supports 60-second videos on Reels, its TikTok clone
Haven’t you heard that Instagram is no longer a photo-sharing app? Today, Instagram announced that users can now upload 60-second videos on Reels, the platform’s TikTok competitor. This update also adds functionality for a captions sticker on Reels, which transcribes audio to text. Instagram previously teased this sticker for Reels when they added it to […]
Apple News partners with NBCUniversal to share exclusive Olympics content
Apple News on Monday announced a collaboration with NBCUniversal to develop exclusive daily recaps and audio briefings, event schedules and medal counts to help fans keep tabs on the games.
Citizen’s crime livestreams are no substitute for local journalism
In May, the neighborhood crime-watch app Citizen offered its user base $30,000 to track down a suspected arsonist on live video, only to discover that they’d sent a mob of civilians after the wrong guy. Now, Citizen is covertly hiring journalists to livestream on the app at crime scenes for $25 per hour through third-party […]