Alipay owner Ant Financial takes minority stake in Klarna

Alipay owner Ant Financial takes minority stake in Klarna

Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform, has announced it’s taking a minority stake in Swedish payments platform Klarna . Klarna has a strong European presence and a flagship product that lets...
Spotify prototypes Tastebuds to revive social music discovery

Spotify prototypes Tastebuds to revive social music discovery

Spotify is prototyping a new way to see what friends have been listening to, called “Tastebuds”. Despite how discovering music is inherently social, Spotify has no features for directly interacting with friends within its mobile app after axing its own inbox in 2017...
Perlego raises $9M Series A for its textbook subscription service

Perlego raises $9M Series A for its textbook subscription service

Perlego, the textbook subscription service, has raised $9 million in Series A funding. Backing the round is Charlie Songhurst, Dedicated VC, and Thomas Leysen (Chairman of Mediahuis and Umicore). Perlego’s existing investors including ADV, Simon Franks and Alex...
Perlego raises $9M Series A for its textbook subscription service

Amazon makes its music streaming service free with ads

Amazon is making its music streaming service free. The company previously offered free, ad-supported streaming only to customers who owned an Amazon Echo device. Now it’s rolling out free streaming to anyone using the Amazon Music app on iOS, Android, Fire TV and...
The time is right for Apple to buy Sonos

The time is right for Apple to buy Sonos

It’s been a busy couple of months for smart speakers – Amazon released a bunch just this week, including updated versions of its existing Echo hardware and a new Echo Studio with premium sound. Sonos also introduced its first portable speaker with Bluetooth support,...