Monthly Archives: August 2022

Spotify’s Soundtrap app for musicians introduces live collaboration and auto save

Spotify’s digital audio workstation (DAW) platform Soundtrap is introducing new features for musicians, including live collaboration, auto-save and comments. The firm said the first two features are under an opt-in beta so artists will have to manually enable these features. The company is rolling out the comments feature to all users starting today. This will…

TikTok parent ByteDance just bought a hospital group in China

TikTok’s parent company ByteDance is making some pretty heavy bets on the healthcare space as it acquired Amcare, which runs high-end children’s and women’s hospitals across China. The buyout cost ByteDance $1.5 billion, according to Bloomberg. A spokesperson for Xiaohe Health, ByteDance’s healthcare business, confirmed the acquisition but declined to comment on the deal size….

Biden signs CHIPS bill, in bid to supercharge US semiconductor production

After initial setbacks with its earlier iteration, the CHIPS and Science Act of 2022 sailed through both chambers of Congress, early this week. The bill, which held uncharacteristically broad bipartisan support, hit some unexpected roadblocks in its last 24 hours in Congress, but still managed a wide margin of victory at 64-33 in the Senate…

She Matters app now helps Black women with a variety of postpartum health issues

When She Matters co-founder Jade Kearney launched her company while a graduate student at NYU, she was looking to train psychologists to be culturally sensitive to the needs of Black women experiencing postpartum depression, women often left behind or ignored by the medical profession. Since taking the company to TechStars at the end of last…

Portal Ventures closes on $35 million debut fund for early stage crypto startups

While plenty of crypto investors have scaled back their breakneck pace of startup investing as they wait for more clarity on the macro environment, the fact is there have never been more firms and more money dedicated to blockchain venture investing. Portal Ventures is the latest young firm to announce its debut, telling TechCrunch it…

Truework, which helps lenders verify borrowers’ income and employment, raises $50M

Truework, a company that builds technology for mortgage and consumer-centric lenders to instantly verify the income and employment of borrowers, has raised $50 million in a series C round of funding led by G Squared. Founded in 2017, San Francisco-based Truework integrates with payroll providers including Gusto, Zenefits, and BambooHR, and enables mortgage providers and…

Never fear, Microsoft Office users – you won’t be cut off early after all

Microsoft has apparently gone back on initial plans to cut off some generations of its Office software. The company had initially planned to end support for Office 2016 and Office 2019 from October 2023, with users unable to use the software to connect to Microsoft 365 services, including Exchange Online. However, further digging by experts…