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Snapchat introduces a unified monetization program for creators
Snapchat is introducing a revamped, unified monetization program for creators. The new program will reward creators for both content posted to Stories and Spotlight, its TikTok copycat. Previously, Snapchat monetized these two formats through separate programs. Under the new program, creators will earn revenue from ads displayed within eligible Stories and Spotlight posts. “With Spotlight…
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Temu is the most-downloaded app on the U.S. App Store in 2024
Chinese shopping app Temu was once again the most downloaded free app in the U.S., according to a list of top apps and games across the App Store released by Apple on Monday. The shopping app last year moved into the No. 1 slot, stealing the position from TikTok which held the title in in…
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Skims co-founder Jens Grede addresses those IPO rumors
Skims co-founder Jens Grede has confirmed that plans for an IPO are on the back burner—for now at least, according to a new interview with WWD. TechCrunch reported in August that investors were hoping for the retail darling, last valued at $4 billion, to go public, and the Information reported that the earliest it could…
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EU signs $11B deal for sovereign satellite constellation to rival Musk’s Starlink
The European Union is forging ahead with plans for a constellation of internet satellites to rival Elon Musk-owned Starlink, after signing a €10.6 billion ($11.1B) deal to launch nearly 300 satellites into low- and medium-Earth orbits by 2030. The bloc wants the space tech to boost its digital sovereignty by providing secure comms to governments.…
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Prequel is building a community-driven approach to finding software bugs
Cybersecurity practitioners take a community-driven approach to solving problems. Security researchers share the vulnerabilities they find with the broader cybersecurity community, which allows companies to patch up their security holes before something catastrophic happens. Prequel is looking to bring that same approach to software. The startup is building a database of software failure patterns or…
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UK’s internet watchdog finalizes first set of rules for Online Safety law
On Monday, the U.K.’s internet regulator, Ofcom, published the first set of final guidelines for online service providers subject to the Online Safety Act. This starts the clock ticking on the sprawling online harms law’s first compliance deadline, which the regulator expects to kick in in three months’ time. Ofcom has been under pressure to…
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Google names new India chief
Google has appointed Preeti Lobana to lead its India business, filling a key position that had been vacant since Sanjay Gupta’s promotion to Asia-Pacific president in July. Lobana, who was vice president of advertising technology at Google, takes over as the company pushes its AI products in India amid intensifying competition in the digital market.…
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This stealthy African stablecoin startup already processed over $1B in cross-border payments
Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is launching out of stealth after processing over $1 billion in transaction volume for thousands of African businesses over the last three years. The fintech claims to have processed over 25,000 transactions, generating $1.3 billion in total payment volume (TPV)…
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Serbian police used Cellebrite to unlock, then plant spyware, on a journalist’s phone
Amnesty said it found NoviSpy, an Android spyware linked to Serbian intelligence, on the phones of several members of Serbian civil society following police stops. © 2024 TechCrunch. All rights reserved. For personal use only.
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Revisiting 19th-century Paris with VR
While I have fond memories of past efforts to combine VR content with real-world locations, I’d assumed the pandemic had put those ambitions to an end. If I wanted VR in 2024, I thought I’d have to buy a headset, and it would be a largely solitary experience at home or in the office —…