Lost-item tracker company Tile, which competes with Apple’s AirTag is being acquired by family communication service Life360. The deal is valued at $205 million and will see Tile continue to be led as its own brand under its existing CEO CJ Prober. The company says no further changes to the Tile team are currently planned…
Netflix is acquiring Munich-based visual effects studio Scanline VFX for an undisclosed amount. The company expects the deal to close in the first quarter of 2022, subject to regulatory approvals and closing conditions. Scanline has done work on several Netflix originals, including “Stranger Things” and “Cowboy Bebop.” The studio has also provided special effects for…
When you’re wearing multiple hats while managing your startup’s operations, there’s hardly any time to stop and think about what would happen if things were to go catastrophically wrong. You probably don’t consider the consequences if you were to die suddenly, leaving the venture you spent so much blood, sweat and tears building without a…
On October 3, “Big Brother Naija,” a reality show sponsored by Nigerian social payments company Abeg, came to a rapturous close after 72 days on air. The show, which commenced on July 24, is the most popular and most-watched reality show in Africa, raking in impressive numbers in terms of money and viewership. The “Big…
Nowhere is the mess we’re in more volatile than the media war on its rationale for economic survival. As broadcast television gives way to cable and now subscription television, the news networks are caught in a market crash. Trump’s loss in the election and social excommunication has made it super hard for the 3 main…
The LA Auto Show — one of the first indoor auto shows to return since the COVID outbreak — was light on news and heavier than usual on vaporware. However, there were a few vehicles, tech and companies that stood out during the two press days leading up to the event. Here are the vehicles…
Over the past few weeks a virtual flash mob called the ConstitutionDAO, with thousands of cryptocurrency fans, crowdfunded almost $45 million to buy a copy of the U.S. Constitution. Although they lost the auction, they had already spun up a line of sweatshirts, emblazoned with emojis, distributed by the newsletter company MorningBrew. This experiment, which…
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. During the garage-stage and Zoom-room days of a company’s life, fluidity is key to idea creation. The lack of contractual obligations is baked into how we understand the origin stories of the…
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. During the garage-stage and Zoom-room days of a company’s life, fluidity is key to idea creation. The lack of contractual obligations is baked into how we understand the origin stories of the…
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. During the garage-stage and Zoom-room days of a company’s life, fluidity is key to idea creation. The lack of contractual obligations is baked into how we understand the origin stories of the…
