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TechCrunch:
Sources: Amazon has finalized a deal to acquire Middle Eastern rival Souq.com for $650M, below its $1B valuation from February 2016   —  Mar 23, 2017, 8:48 amMar 23, 2017, 9:50 am  —  Amazon continues its march across the globe, and one of its newest targets is the Middle East.
Mar 23, 2017, 12:00 PMIn context
Ingrid Lunden / TechCrunch:
Universe, a mobile-only website builder, launches an iOS app and announces $3.2M in funding led by Box Group   —  The business of platforms for developing websites and publishing online is a crowded one, with established players like WordPress, Wix, Zoho, Weebly, Duda Mobile and Squarespace competing …
Mar 22, 2017, 7:40 PMIn context
Ingrid Lunden / TechCrunch:
Reddit to introduce user profiles, let users post directly to their profiles and follow other users' pages; feature debuts with three high-profile users   —  Reddit has been trying to make its site more accessible to a wider pool of users, and today the company is planning to show off …
Mar 21, 2017, 11:50 AMIn context
Ingrid Lunden / TechCrunch:
Alexa now takes orders from Amazon's instant Prime Now and alcohol delivery services   —  After embedding its Alexa voice assistant into its main Amazon app last week, this week Amazon is expanding Alexa's functionality yet again: today the company announced that it will now let Prime subscribers order …
Mar 21, 2017, 10:55 AMIn context
Ingrid Lunden / TechCrunch:
After raising $72M, Sirin Labs sold just under $10M of its $14K+ Solarin secure smartphones, now plans to pivot with $20M in the bank, laying off ~30 people   —  So much for super-private, high-end phones for the super-rich?  Sirin Labs, the startup that makes the Solarin …
Mar 15, 2017, 4:45 PMIn context
TechCrunch:
Amazon acquires meeting productivity startup Do.com, plans to integrate it into Chime, its new conferencing tool for businesses   —  Mar 8, 2017, 3:05 amMar 8, 2017, 7:51 am  —  Amazon has quietly made one more acquisition to build out the productivity services on its cloud platform AWS.
Mar 9, 2017, 8:35 AMIn context
Ingrid Lunden / TechCrunch:
Veem, formerly Align Commerce, raises $24M round led by National Australia Bank (NAB) Ventures, for faster and cheaper remittance services for SMBs   —  Remittances — the business of money transfers — is a fragmented and huge market, currently estimated to be worth some $25 trillion annually.
Mar 9, 2017, 12:20 AMIn context
Ingrid Lunden / TechCrunch:
Giphy quietly acquired imoji last year 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.
Mar 7, 2017, 4:55 PMIn context
Ingrid Lunden / TechCrunch:
Identity management firm Okta acquihires Stormpath, which provides identity and user management services to developers, acquires license to use Stormpath's tech   —  Okta, the $1.2 billion identity management startup for enterprises that some tip for an IPO this year, has made an acquisition …
Mar 6, 2017, 10:30 AMIn context
Ingrid Lunden / TechCrunch:
UK's mobile-only Atom Bank for millennials raises $102M at a $320M valuation led by the Spanish BBVA bank, which also led its previous $128M round in Nov 2015   —  Atom Bank, a startup out of the U.K. that has built a mobile-only bank targeting consumers between the ages of 18 and 34 …
Mar 6, 2017, 8:15 AMIn context

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