Month: July 2021

Japanese sneaker platform SODA raises $56.4M, accquires rival Monokabu

Just half a year after leading SODA’s Series B, SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. The early-stage venture capital arm of SoftBank Group announced today it has returned to lead SODA’s Series C, which currently totals $56.4 million. Other investors include South Korean…

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Twitter shuttering NY, SF offices in response to new CDC guidelines

Just two weeks after reopening its New York and San Francisco offices, social media giant Twitter said Wednesday that it will be closing those offices “immediately.” The decision came “after careful consideration of the CDC’s updated guidelines, and in light of current conditions,” a spokesperson said. “Twitter has made the…

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Zuckerberg is turning trillion-dollar Facebook into a ‘metaverse’ company, he tells investors

“I wanted to discuss this now so that you can see the future that we’re working towards and how our major initiative across the company are going to map to that,” Zuckerberg said on the call. “What is the metaverse? It’s a virtual environment where you can be present with…

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Netflix will mandate COVID-19 vaccinations on productions in the US

Netflix will require the casts and some crew on its productions in the US to be vaccinated against COVID-19, a measure that comes as the Delta variant continues to spread across the country. Deadline first reported that the streaming giant recently notified its production teams that it would require casts…

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Activision Blizzard Employees Walked Out Over Discrimination And Harassment Allegations

Employees of Activision Blizzard staged a walkout on Wednesday to protest the company’s response to a lawsuit alleging a culture of harassment and discrimination toward women. Workers planned to walk off the job — whether at home or at the company’s campus in California — starting at 10 a.m. Pacific…

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INKR draws in $3.1M to make more comics accessible to worldwide audiences

Digital comics platform INKR’s team INKR is a digital comics platform that crosses cultural and language divides, enabling creators to reach global audiences with its proprietary localization technology. Previously bootstrapped, the company announced today that it has raised $3.1 million in pre-Series A funding led by Monk’s Hill Ventures, with…

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