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Pekan Designs | Digital Agency for Innovative Web and App Design

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Salesforce Ventures invested $300M in Automattic while Salesforce was building a CMS

In September, Salesforce Ventures, the venture of arm of Salesforce, announced a hefty $300 million investment in Automattic, the company behind WordPress, the ubiquitous content management system (CMS). At the same time, the company was putting the finishing touches on Salesforce CMS, an in-house project it released last week. The question is, why did it […]

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Twitter drafts a deepfake policy that would label and warn, but not always remove, manipulated media

Twitter last month said it was introducing a new policy to help fight deepfakes and other “manipulated media” that involve photos, videos or audio that’s been significantly altered to change its original meaning or purpose, or those that make it seem like something happened that actually did not. Today, Twitter is sharing a draft of […]

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OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation

Frontier Car Group, the Berlin-based startup building used-car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online classifieds division Prosus (the digital division of Naspers that listed earlier this year in Europe) announced that it would […]

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