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Zola wedding registry lands $25 million led by Lightspeed
Zola, the smarter wedding gift registry, has signed term sheets on a $25 million Series C round of funding, according to sources close to the matter. Sources say that Lightspeed led the round, and that Zola’s pre-funding valuation was at $200 million. Zola is an online wedding registry that lets couples choose products from a number of brands and even set up a cash fund. Guests can… Read More
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Don’t know what they want? Give a pre-swappable Snappy Gift
Gift cards are soulless and buying the wrong gift leads to annoying returns. But you might not know if your loved one would prefer a drone, action camera or a VR headset. With Snappy Gifts, they get to choose. Snappy Gifts is a new startup offering a fresh new approach that takes the guess-work out of generosity.
You go to Snappy Gift’s app, choose a price range and then select from a… Read More
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Draper Nexus closes $175 million fund, LP’s include Panasonic, Canon and other Japanese tech giants
Early stage venture firm, Draper Nexus, has closed its second fund at $175 million, according to Managing Director Q Motiwala. Its debut fund closed in 2013, at $50 million. Limited partners in Draper Nexus are global tech conglomerates, primarily based in Japan. For its second fund, the firm signed up about 20 LP’s including Panasonic, Hitachi, Kyocera, Shimizu, NEC, Canon and others.… Read More
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Most students can’t tell fake news from real news, study shows
If you thought you heard the last on fake news, you were sadly mistaken. A Stanford study found that the majority of middle school students can’t tell the difference between real news and fake news. In fact, 82 percent couldn’t distinguish between a real news story on a website and a “sponsored content” post. Of the 8,704 students studied (ranging in age from middle… Read More
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Vivaldi’s updated browser syncs smart light bulbs to ‘the color of the web’
I’m going to go out on a limb and say it’s probably pretty tough getting the public to notice your new browser. Most internet users are pretty set in their ways at this point. There are some pretty good options out there, and really, switching is a pain once you’ve got everything set to your liking. Launched last year by an ex-Opera chief exec, Vivaldi is targeted at power… Read More
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The team behind Cookies is joining Klarna
All the work that went into creating peer-to-peer payment app Cookies isn’t disappearing forever. After filing for bankruptcy, Swedish tech company Klarna approached the team behind Cookies so that they can join another fintech company. The entire Cookies team except one co-founder is joining Klarna, as Klarna announced and t3n reported. I don’t think the two co-founders can… Read More
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Universal plans to bring Wattpad stories to TV
Social publishing platform Wattpad is making its biggest move into Hollywood yet thanks to a new deal with Universal Cable Productions. UCP is a TV production company owned by NBCUniversal — it’s produced shows including USA’s Mr. Robot, SyFy’s The Magicians and Bravo’s Girlfriends’ Guide to Divorce. As a result of the deal, the company plans to develop… Read More
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Bizly lets you book on-demand meeting spaces in luxury hotels
Everyone talks about rooms being an underutilized asset in the hospitality industry. But what about meeting space? Almost all four- to five-star hotels, even boutique ones, have at least one meeting room. These can be 10-person conference rooms or 1,000-person banquet halls, but the concept is the same — it’s an empty space that the hotel wants business people to rent. But the… Read More
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Reelgood debuts a hub for finding TV shows and movies across streaming services
More people are cutting the cord with pay TV in favor of streaming services, but finding something to watch is growing more difficult – not only because of rights deals which see content coming and going, but also because there’s now a wider array of services to choose from. A startup called Reelgood wants to help, and is today launching a centralized platform for web users,… Read More
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Yep, NBCUniversal has invested another $200M in BuzzFeed
BuzzFeed just announced that it has raised another $200 million from NBCUniversal. That might sound a little familiar, since the company raised a round of the same size last year. Plus, Recode reported last month that NBCUniversal was doubling down, and the news seemed to be confirmed by a Delaware filing. The funding release points to past collaborations between the two companies, like… Read More
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