Amazon confirms acquisition of Souq, marking its move into the Middle East

 Amazon today confirmed that it has acquired Souq.com, an e-commerce marketplace serving the Middle East based out of Dubai and already commonly described as “the Amazon of the Middle East.” We had reported last week that the companies had already reached an agreement and that “the ink [was] dry” on a deal that was valued at around $650 million. Amazon today did… Read More

Google is working on a new social app for small groups to edit photos together

 While Google continues to add more features to its two social communication apps Allo and Duo, TechCrunch has learned that it has quietly been working on least one more social app. Google has been developing a new social app that lets small groups edit photos together and then organise them for future enjoyment: think Path meets Snapchat-style filters and edits meets Google’s… Read More

Universe, a mobile-only website builder, lets you create pages in ‘under a minute’

 The world of companies that provide platforms for developing websites and publishing online is a crowded one, with established players like WordPress, Wix, Zoho, Weebly, Duda Mobile and Squarespace competing against newer entrants like Medium and the likes of LinkedIn. Now make way for Universe, another startup that hopes its mobile-first approach for building “light” websites… 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

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 from Prime Now, its two-hour delivery service, as well as its newer alcohol delivery service, in cities where these are offered. Impulse buyers beware.
Amazon says that… Read More

Bra startup True&Co sold to Calvin Klein owner PVH

 True&Co., an e-commerce company founded with the mission of disrupting the lingerie industry by creating a new business model for selling bras and other undergarments, has been sold. Phillips Van Heusen (PVH), owner of Calvin Klein, Tommy Hilfiger and Izod, among other iconic brands, has acquired the startup and plans to use it to move deeper into online sales and big data… Read More

Bra startup True&Co sold to Calvin Klein owner PVH

 True&Co., an e-commerce company founded with the mission of disrupting the lingerie industry by creating a new business model for selling bras and other undergarments, has been sold. Phillips Van Heusen (PVH), owner of Calvin Klein, Tommy Hilfiger and Izod, among other iconic brands, has acquired the startup and plans to use it to move deeper into online sales and big data… Read More

Sirin, maker of the Solarin $14K smartphone, cuts 30 staff and weighs pivot

 So much for super-private, high-end phones for the super-rich? Sirin Labs, the startup that makes the Solarin, an Android-based smartphone released last May with a $14,000 price tag and promise of extreme security for its owner, is laying off one-third, or 30, of its staff after seeing just $10 million in sales since launch. The startup is now weighing up a pivot of the business to… Read More

Spotify and Waze partner to play music and navigate seamlessly

 Driving in a car and listening to music go hand in hand, and now a new partnership between music streaming app Spotify and navigation app Waze hopes to make that experience more seamless in the connected age. The two have teamed up so that users of the Waze app can listen to Spotify playlists from within the app, and Spotify users can continue to get their Waze navigation instructions while in… Read More

Yahoo’s Excalibur IP search, mobile and other patents valued at $740M

 The slow progression of the sale of Yahoo to Verizon — first announced in July 2016 but delayed in part because of massive data breach disclosures — took one more step forward today. Yahoo has filed a lengthy 8-K update with the SEC with many details about the future management of Altaba — the investment holding company left behind after the sale containing its Alibaba… Read More