Author: Ingrid Lunden

Soundcloud confirms new $70M credit line after failing to close $100M round

 Soundcloud — the popular, but unprofitable platform that lets creators post and share music and other audio files — may have been unsuccessful (so far) in closing a new $100 million round of funding, but it’s not running out of money soon. The company has secured a $70 million round of debt funding from three new investors — Ares Capital, Kreos Capital, and… Read More

LinkedIn steps closer to CRM as it gives Sales Navigator an enterprise boost

 LinkedIn, the social network for the working world that is now owned by Microsoft, is quietly adding more features to fill out some of its bigger ambitions to provide more services to enterprises, tapping into its user base of over 465 million professionals. Today, the company is adding a new “enterprise” tier to its Sales Navigator product — a subscription-only service… Read More

Hootsuite acquires Snapchat analytics tool from Naritiv

 Hootsuite, a platform that helps enterprises and brands manage their presence on social media, has made an acquisition to help those customers track their activities on the social platform of the moment, Snapchat. It has acquired a Snapchat analytics solution from Naritiv, a startup based out of Los Angeles that was an early mover in the business of creating Stories and other content for… Read More

Russia says ‘nyet,’ continues LinkedIn block after it refuses to store data in Russia

 Russia’s internet regulator today confirmed that access to social networking site LinkedIn — which has been blocked in Russia since November 2016 — is not returning to Russia anytime soon, after it received a letter from the social network’s VP of global public policy stating that LinkedIn will not move Russian user data to Russian territory. LinkedIn, which is now… Read More

Giphy quietly acquired imoji to build out its emoji and sticker business

 Last week, GIF-finding platform Giphy revealed a new line of business offering artist-created stickers in Apple’s iMessage app. But what it didn’t announce was that it also made an acquisition to bolster this new sticker strategy. TechCrunch has learned and confirmed that Giphy quietly acquired imoji, a startup that had developed a popular platform for creators to build and… Read More

Facebook digs into mobile infrastructure in Uganda as TIP commits $170M to startups

 While Google is using MWC to show off some of its advances in native apps on mobile devices — specifically in chat apps — the world’s biggest chat app company is doing something completely different. Today, Facebook announced that it is building a 770-kilometer (500-mile) fiber backhaul network in Uganda, in partnership with India’s Airtel and wholesale provider BCS… Read More