FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced today that it has secured $ 80.75 million in a Series E funding round and $ 50 million in debt financing. Existing funder Accomplice led what the company described as “an insider round” that turned FreshBooks unicorn with a valuation of “over $ 1 … Read more
It is official. Sony now owns both Crunchyroll and Funimation. The company’s Sony Pictures division closed on Monday the acquisition, valued at $ 1.175 billion. And with the deal now closed, Tony Vinciquerra, CEO of Sony Pictures, said the company’s goal was “to get a unified anime subscription as soon as possible.” Sony has not … Read more
The planet was at least one degree cooler when our ancestors created these pictograms near the Green River in Colorado about 700 to 2,000 years ago. (Brent Roraback photo) While the world’s leading coalition of climate scientists says the planet is warming faster than ever, with dire human consequences, it also stresses that quick, aggressive … Read more
Amazon and the parent company of its top Indian seller Cloudtail have decided not to continue their joint venture after May 2022, the two companies said in a statement on Monday, hours after India’s highest court ruled that the American e-commerce company and Walmarts Flipkart must be subject to antitrust investigations. Billionaire NR Narayana Murthy’s … Read more
Charter Communications has been sued by a group of major record labels who alleged they failed to crack down on “blatant and serial” music copyright infringements, The Verge reported. It is the second time in recent years that the group has sued Charter for song piracy. The labels said they sent around 150,000 infringement notices … Read more
After processing Bering Sea crabs like this one, the fish companies face the problem of disposing of the shells. A Bellingham, Washington-based company called Tidal Vision has developed green chemical technology to turn the discarded trays into a useful, sustainable industrial chemical. (Tidal Vision photo) Perhaps the cliché is true that a boar’s ear cannot … Read more
Hello friends! Lucas always starts with that, doesn’t it? Lucas is out for a couple of weeks so I’ll take care of Week In Review until he gets back. TL; DR about me: I’m Greg and I’ve been with TechCrunch for a very long time. I joined around the time that Twitter found the vowels … Read more
WeChat may be an integral part of China’s digital life, but that doesn’t stop the country’s government from restricting the messaging giant’s behavior. Reuters reports that Beijing prosecutors have sued Tencent over allegations that We Chat’s restricted “youth mode” violates child protection laws. The lawsuit failed to explain how the mode allegedly violated the law. … Read more
An Amazon employee walks into a fulfillment center in Kent, Washington and is handed a mask by another employee with a pair of pliers before starting a shift in the huge parcel handling warehouse last June. (GeekWire file photo / Kurt Schlosser) A day after its office workers’ return to a personal environment was postponed … Read more
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. … Read more