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Pekan Designs – Web Design & Digital Marketing Agency | Digital Agency for Innovative Web and App Design

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Musical.ly launches $50 million ‘creator fund’ to build out its community

 In November, the popular lip-syncing app Musical.ly announced its acquisition by Chinese social media giant Toutiao, owned by Bytedance, in a deal sources said was valued at $800 million to $1 billion. Today, the acquisition has completed, with Musical.ly officially joining Bytedance, the companies said. In addition, Musical.ly announced the launch of a $50 million […]

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Ultra-fast 5G wireless service declared national security priority by White House

 Who would have thought that the president who writes in 140-character missives would suddenly be interested in 70 Gbps wireless internet access? The White House released its congressionally-mandated National Security Strategy report (warning: PDF) yesterday. Tucked away in a section on improving America’s infrastructure was this action item: “We will improve America’s… Read More Source: […]

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Bima raises $97M from Allianz for microinsurance aimed at emerging markets

 On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance market is announcing a major round of its own. Bima, a Munich-based startup that builds and sells “microinsurance” services for low-income consumers in Africa, Asia and Latin America, has raised […]

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