​HoneyBook, a startup last valued in late 2021 at $2.4 billion, told TechCrunch that it hit $140 million in annualized recurring revenue (ARR). This makes HoneyBook one of the few startups with peak-VC-era valuations to report their financials after the market cooled.  Many startups that raised in 2021 and have not raised since then remain […]  

​Meta-owned Instagram is copying yet another feature from TikTok. This time, it’s the ability for users to play a reel at 2x speed by long pressing on the right or left side of their screen. When TikTok first launched, videos could only be 15-seconds long. As the years passed and TikTok rose in popularity, the […]  

​After teasing a return to “OG Facebook” earlier this year, the social network on Thursday announced an update that will give users a simple way to connect with friends. The company is introducing a new Facebook Friends tab that will only showcase updates from friends, without any other recommended content. Meta explains in a blog […]  

​When Twin came out of stealth in January 2024, AI agents were more of a theoretical concept than a reality. Today, the Paris-based is releasing an automation agent in partnership with Qonto, the fintech startup that offers business bank accounts to more than 500,000 customers across Europe. If you want to automate repetitive tasks, there […]  

​TikTok is set to expand its TikTok Shop e-commerce platform to users in France, Germany, and Italy on Monday, Reuters reports. TikTok Shop has been available in the United Kingdom since 2021, and now the company is ready to expand further into Europe. While TikTok Shop is also available in the United States and saw […]  

​A fledgling open-source startup that’s setting out to tackle API sprawl in the GraphQL ecosystem has secured the backing of e-commerce giant eBay. WunderGraph, as the company is called, today said it has raised $7.5 million in a Series A round of funding to “scale its open source GraphQL federation.” Investors include eBay’s VC arm […]  

​Mexico City-based Mendel has raised $35 million in a Series B round of funding, it tells TechCrunch exclusively. Corporate spend management platform Mendel last raised in December 2021 — a $15 million Series A round and $20 million in debt — after participating in Y Combinator’s Winter 2021 cohort. With this latest capital infusion, the […]  

​Nintendo announced on Thursday that it is working on Virtual Game Cards, a feature that makes digitally downloaded games more portable across different devices. With the highly awaited Nintendo Switch 2 on the horizon, these Virtual Game Cards will make it easier for users to port over their existing Switch games to their new devices. […]