Facebook buys ads in Indian newspapers to warn about WhatsApp fakes

As Twitter finally gets serious about purging fake accounts, and YouTube says it will try to firefight conspiracy theories and fake news flaming across its platform with $25M to fund bona fide journalism, Facebook-owned WhatsApp is grappling with its own fake demons in India, where social media platforms have been used to seed and spread […]

Fever gets $20M to delight more hipsters with A/B tested Madhatter’s G&T parties

London-based Fever, an urban events discovery app-cum-entertainment events business with an online media arm that it uses as marketing megaphone and data-gathering lens on its community of users, has closed a $20 million Series C investment to expand into new markets across Europe and North America — and win more hipsters over to its own […]

Facebook confirms that it’s acquiring Bloomsbury AI

Facebook announced this morning that the London-based team at Bloomsbury AI will be joining the company. My colleague Steve O’Hear broke the news about the acquisition, reporting that Facebook would deploy the team and technology to assist in its efforts to fight fake news and address other content issues. In fact, Bloomsbury AI co-founder and […]

New media company Quartz sold to Japanese firm in deal worth up to $110M

Quartz, the business and tech news organization launched owned by Atlantic Media, is moving to a new home after publicly listed Japanese business Uzabase acquired it in a deal worth up to $110 million. The deal is expected to close within a month. Quartz said it won’t be making layoffs and it will maintain its brand and […]

TrendKite expands its PR analytics platform by acquiring Insightpool and Union Metrics

TrendKite is making its first two acquisitions — according to CEO Erik Huddleston, they give the company “the last two components” needed for a complete PR analytics platform. Until now, TrendKite’s main selling point was the ability to look at the articles written about a company and measure things like the audience reached and the […]

Television content creation in China

Hugh Harsono Contributor Hugh Harsono is a former financial analyst currently serving as a U.S. Army Officer. More posts by this contributor Bank-based blockchain projects are going to transform the financial services industry How two countries helped drive the recent rise in cryptocurrency prices Content creation has seen immense growth in recent years, with a […]

India’s Times Internet buys popular video app MX Player for $140M to get into streaming

Times Internet, the digital arm of Indian media firm Times Group, is getting into the digital content space, but not in the way you might think. The company’s previous venture — an OTT called BoxTV.com — shut down in 2016 after an underwhelming four-year period. Now it is taking a radically different strategy by buying video […]

Hoodline launches a content recommendation widget that’s all about local news

Hoodline continues to serve as a reliable source of neighborhood news for San Francisco and Oakland, but it’s also been building tools that help other publications supplement their local coverage. Earlier this year, the company launched a news wire that automates the creation of local news stories using online data sources like Yelp and Zumper. […]

Peloton acquires music startup Neurotic Media

Peloton, the unicorn spin (and now treadmill) business that lets users work out via live-streamed classes, has today announced its first acquisition. The company acquired Neurotic Media, a B2B music aggregation and streaming service. Atlanta-based Neurotic Media was founded in 2001 by Shachar “Shac” Oren, who will become a VP at Peloton serving under Peloton’s […]

AI-fueled market intelligence firm Signal Media takes $16M to tackle more targets

Signal Media has closed a $16 million Series B funding round for an AI-fueled approach to media monitoring and b2b market intelligence. The UK startup uses machine learning techniques to filter through external information at scale — generating real-time insights for its customers, including for reputation management and decision support purposes. Its system analyzes more […]