Apple has activated a new revenue stream that could foster communities of digital content creators around the world like those already thriving in China. Apple’s newly published update to its App Store policies officially designates voluntary tipping via virtual currency as in-app purchases that Apple taxes 30%. By taking tipping out of the grey area, more app developers might… Read More
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OwnLocal has acquired Wanderful Media, brining two companies focused on local advertising and deals together. OwnLocal works with local newspapers to turn traditional print ads into digital campaigns. Wanderful, meanwhile, operates Find&Save, a website and app that brings the newspaper deals and coupons online. So there are some obvious similarities. The big reason for the acquisition. 
Target’s mobile app strategy will undergo a significant change, starting this summer. The retailer announced this week it will soon combine the functionality of its Cartwheel savings app with its main shopping app, in preparation for an eventual Cartwheel shutdown. The Target app will also receive a notable upgrade this year, adding support for an indoor map that shows your location in… 
In what turned out to be a surprising SFW podcast Future of Sex podcast creator Bryony Cole joined us to talk about the future of sex, teledilonics and sex robots. Not content to let the media and the world stay squeamish about the topic of sex robots Cole expects many of us to have had sex with a robot by 2047 and believes many of our children will first experience sex with a robot before… 
In a slightly surprising move, Pinterest raised $150 million from private investors this week. Why the firm may have wanted the cash isn’t too hard to understand. When the markets offer you lots of cash on good terms, you tend to say yes. But let’s explore the round for a minute. 
Seed investment firm Lerer Hippeau Ventures is planning to write more later-stage checks, thanks to a new $28 million fund that it’s calling LHV Select. “Since the very beginning, going back to 2010, we’ve always had the same strategy,” said Managing Partner Eric Hippeau — a strategy that’s focused on making seed investments in New York startups. (The firm… 
Facebook is finally getting an office space in San Francisco, and is currently considering several different locations, one of which will house up to 100 Instagram employees, an industry source familiar with the lease plan confirmed to TechCrunch. Earlier today, The Registry reported Facebook is in talks for a space at 181 Fremont in the South Of Market district — a 70-story tower… 
After breaking up in 2014, Taylor Swift and Spotify are getting back together. To celebrate her album 1989 hitting 10 million records sold and selling 100 million total songs, today the pop singer announced she’s making her full back catalog available on all streaming services starting tonight at midnight. Swift was already on Apple Music but now she’s opening up to Spotify and… 
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