Day: December 7, 2018

Walmart’s acquisition spree continues. Only a couple of months after picking up apparel and lingerie brands ELOQUII and Bare Necessities, respectively, the company on Thursday announced its plans to acquire the assets from online art and wall décor retailer Art.com. The all-cash deal is expected to close in early 2019, and includes Art.com’s catalog, IP, trade […]

 If you’re reading this post, you probably want to watch the first trailer for the new Avengers movie. So go ahead, watch it. I’ll wait. It doesn’t show much that viewers of “Avengers: Infinity War” hadn’t already guessed (spoilers!): Namely, that the galactic warlord Thanos has succeeded in his plot to eliminate half the […]

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had Connie Loizos in the studio along with Kate Clark, myself and a special guest. The special guest was fitting, as it was a special episode. Why? Because this is our 100th episode, a milestone […]

Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a $1 billion Series E round led by SoftBank’s Vision Fund that closed back in September. The deal was first made public via a […]

ByteDance, the Chinese company behind the immensely popular video app TikTok, is in talks to raise $1.45 billion for a new fund, The Information reported on Friday, citing sources. The fresh vehicle will help power artificial intelligence and media content for the $75 billion startup, which reportedly leapfrogged Uber’s valuation after raising $3 billion in October. ByteDance declined […]

It’s a busy week for Epic Games . Fresh from pushing out a major season 7 update for Fortnite, so the gaming giant has taken the wraps off its own games store. First announced earlier this week, the Epic Games Store is targeted squarely at Steam — the giant in the digital game commerce space […]

Fortnite, the world’s most popular game, is getting into the festive period after it released its much-anticipated Season 7 update, which includes lots of Christmasy touches. The new season sees an iceberg smash into the island where the battle royale smash hit is located — that means there’s frozen terrain in the form of places […]