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Local news app News Break raises $115M

TechCrunch

The popular news app News Break is announcing that it has raised $115 million in new funding. The press release claims this round makes News Break “one of the first new unicorns of 2021,” but the startup declined to disclose its actual valuation. ” Image Credits: News Break.

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Twitter ‘acqui-hires’ the team from subscription news app, Brief

TechCrunch

Twitter’s recent acquisition spree continues today as the company announces it has acqui-hired the team from news aggregator and summary app Brief. While Brief’s ambitious project to fix news consumption showed a lot of promise, its growth may have been hampered by the subscription model it had adopted.

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Mobile gaming startup Homa Games raises $50 million

TechCrunch

Just days after Voodoo acquired Beach Bum , another French mobile gaming company has news to share. Homa Games is raising a $50 million Series A round led by Northzone. The company is raising this Series A round just seven months after raising its seed round (led by Headline and Eurazeo).

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How to Get Your Nonprofit’s Story in the News

Get Fully Funded

A winning strategy for spreading the word about your organization’s work is getting your nonprofit’s story in the news. . A news story gets your organization in front of a large audience of potential supporters and gives your organization instant credibility. . And, getting your story in the news still carries a lot of weight.

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Equity Monday: No, tech news doesn’t stop over the holidays

TechCrunch

Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Lalamove raised $515 million in a Series E. Yuanfudao raised another $300 million. Indian startups did not have the strongest year of venture fundraising , which felt a bit surprising.

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Meta will soon roll out Community Notes, a whitewashed version of Elon Musk’s fact-checking system

Fast Company Tech

But a closer look at the underlying assumptions and design choices raises questions about whether this new system can truly deliver on its promises. Still, the companys rationale to favor Community News over third-party fact checkers hinges on two key arguments: scalability and reduced bias.

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With thousands of subscribers, The Juggernaut raises $2 million for a South Asian-focused news outlet

TechCrunch

As she searched for news on the South Asian diaspora, she found that articles lacked original reporting, aggregation was becoming repetitive and mainstream news organizations weren’t answering big questions. Other investors in the round include Unpopular Ventures, Backstage Capital, New Media Ventures and Old Town Media.

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