This Week in Apps: Apple Arcade’s new franchise, Fortnite takes on Google Play, the Disney+ app footprint

Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with 194 billion downloads last year and more than $100 billion in consumer spending. People spend 90% of their mobile time in […]

The newest members of the $100M ARR club

Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today we’re taking stock of a cohort of special companies: still-private startups that have reached $100 million in annual recurring revenue (ARR). Our goal is to understand which startup companies are actually exceptional. This late […]

Reliance Industries acquires a majority stake in SaaS startup NowFloats for $20M

Reliance Industries, one of India’s largest industrial houses, has acquired a majority stake in NowFloats, an Indian startup that helps businesses and individuals build online presence without any web developing skills. In a regulatory filing on Thursday, Reliance Strategic Business Ventures Limited said (PDF) it has acquired an 85% stake in NowFloats for 1.4 billion Indian […]

Robinhood lets you invest as little as 1 cent in any stock

One share of Amazon stock costs more than $1,700, locking out less-wealthy investors. So to continue its quest to democratize stock trading, Robinhood is launching fractional share trading this week. This lets you buy 0.000001 shares, rounded to the nearest penny, or just $1 of any stock, with zero fee. The ability to buy by […]

Atom Finance’s free Bloomberg Terminal rival raises $12M

If you want to win on Wall Street, Yahoo Finance is insufficient but Bloomberg Terminal costs a whopping $24,000 per year. That’s why Atom Finance built a free tool designed to democratize access to professional investor research. If Robinhood made it cost $0 to trade stocks, Atom Finance makes it cost $0 to know which […]

Yubo raises $12.3 million for its social app for teens

French startup Yubo has raised a $12.3 million funding round led by Iris Capital and Idinvest Partners. Existing investors Alven, Sweet Capital and Village Global are also participating. The startup has managed to attract 25 million users over the years — there are currently tens of thousands of people signing up to the platform every […]

Mindstrong Health hires leadership team with all-star tech product experience

Mindstrong Health is tackling one of the most difficult challenges in healthcare: Severe mental illness, commonly referred to as SMI in the healthcare industry. The startup, founded in 2013 by Paul Dagum, Richard Klausner and Thomas Insel, recently brought on former Uber VP of Product Daniel Graf as CEO, and is now announcing a number […]

Can a games platform tackle kids’ anxiety about having to do math?

You know that feeling when you look at your bank statements and try to figure out what on earth is going on? Or when you do your taxes? It turns out this isn’t just an insignificant feeling, but a scientifically recognized anxiety. Mathematics Anxiety (MA) is defined in research literature as feelings of concern, tension […]

Canva introduces video editing, has big plans for 2020

Canva, the design company with nearly $250 million in funding, has today announced a variety of new features, including a video editing tool. The company has also announced Canva Apps, which allows developers and customers alike to build on top of Canva. Thus far, Dropbox, Google Drive, PhotoMosh and Instagram are already in the Canva […]

Reelgood raises $6.75 million for its universal streaming guide

Streaming aggregator Reelgood capitalized on the overabundance of streaming services available today by offering consumers a universal dashboard where you can track what you’re watching and discover your next binge. It then translated the activity from its over 10 million users into data it licenses to major companies, including Roku, Microsoft, smart TV makers, NYPost […]