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As BNPL startups raise, a look at Klarna, Affirm and Afterpay earnings

As the e-commerce market grows, startups are racing to help online retailers sell larger items to consumers with so-called “buy-now-pay-later” options. Via BNPL, consumers turn a one-time purchase into a limited string of regular payments. Terms vary, but the space is very active. TechCrunch covered Scalapay’s January $48 million round, what the Italian BNPL described as a seed round. Also this year, we’ve seen France’s Alma raise a $59.4 million Series B for its BNPL efforts. And I recently cov...
Tags: Fundings & Exits, Startups, TC, Sweden, Australia, France, Finance, Tech, United States, Affirm, Klarna, Alma, The Exchange, Afterpay, BNPL, Buy Now Pay Later


Daily Crunch: Twitter announces ‘Super Follow’ subscriptions

Twitter reveals its move into paid subscriptions, Australia passes its media bargaining law and Coinbase files its S-1. This is your Daily Crunch for February 25, 2021. The big story: Twitter announces ‘Super Follow’ subscriptions Twitter announced its first paid product at an investor event today, showing off screenshots of a feature that will allow users to subscribe to their favorite creators in exchange for things like exclusive content, subscriber-only newsletters and a supporter badge. T...
Tags: Apple, Google, Social, Facebook, Twitter, Australia, Tech, Sergey Brin, New York Stock Exchange, Facebook Groups, Otter, Coinbase, New Facebook, Daily Crunch, Extra Crunch, Waseem Daher


Australia Passes Law To Make Google, Facebook Pay for News

Australia's law forcing Google and Facebook to pay for news is ready to take effect, though the laws' architect said it will take time for the digital giants to strike media deals. From a report: The Parliament on Thursday passed the final amendments to the so-called News Media Bargaining Code agreed between Treasurer Josh Frydenberg and Facebook chief executive Mark Zuckerberg on Tuesday. In return for the changes, Facebook agreed to lift a ban on Australians accessing and sharing news. Rod Sim...
Tags: Google, Facebook, Mark Zuckerberg, Australia, Tech, Parliament, News Corp, Josh Frydenberg, Sims, Consumer Commission, Rod Sims, Seven West Media Read


Customer data platform Lexer raises $25.5M Series B for global expansion

Left to right: Lexer founders Dave Whittle, Aaron Wallis, Chris Brewer The massive shift to online shopping during the COVID-19 pandemic means retailers need to analyze customer data quickly in order to compete against rivals like Amazon. Lexer, a customer data platform headquartered in Melbourne, Australia, helps brands manage data by organizing it on one platform, making analysis easier for small to medium-sized brands. The company announced today that it has raised $25.5 million in Series ...
Tags: Fundings & Exits, Startups, TC, Ecommerce, Australia, Tech, United States, Twilio, Melbourne Australia, Rick Baker, Quiksilver, Blackbird Ventures, Whittle, John Varvatos, Customer Data Platform, Dave Whittle


After Facebook’s news flex, Australia passes bargaining code for platforms and publishers

A week after Facebook grabbed eyeballs globally by blocking news publishers and turning off news-sharing on its platform in Australia, the country’s parliament has approved legislation that makes it mandatory for platform giants like Facebook and Google to negotiate to remunerate local news publishers for their content, to take account of how journalism is shared on their platforms. The News Media and Digital Platforms Mandatory Bargaining Code was developed in conjunction with Australia’s Compe...
Tags: Google, Social, Facebook, Europe, UK, Media, Australia, Tech, Eu, Policy, Nick Clegg, Parliament, Competition And Markets Authority, News Media, Josh Frydenberg, Clegg


Facebook and Google news law passed in Australia

The world-first law is passed after robust negotiations between the government, Facebook and Google.
Tags: Google, Facebook, News, Australia


Australia Passes Law Making Google and Facebook Pay for News

Australia’s parliament on Thursday passed the last elements of the controversial new law that will require major tech firms to pay local publishers for news. Amendments earlier this week brought to an end a standoff between the Australian government and Facebook, which last week took the dramatic move of disabling Australian users’ ability to share […]
Tags: Google, Facebook, Asia, News, Australia, Global


Australia has passed an amended version of the law that prompted Facebook to ban news

Google CEO Sundar Pichai (left) and Facebook CEO Mark Zuckerberg Carsten Koall/Getty Images; Alex Wong/Getty Images The Australian government has signed its controversial media bargaining code into law. The law requires tech firms to pay news publishers but was softened after protests by Facebook and Google. Facebook has agreed to allow Australian news-sharing on its platform again after the changes. Visit the Business section of Insider for more stories. The Australian government has sign...
Tags: Google, Facebook, Mark Zuckerberg, UK, Technology, Australia, Trends, Rupert Murdoch, Sundar Pichai, Josh Frydenberg, Google Facebook, Alex Wong Getty, Seven West Media, Scott Purcell, Tech Insider, Martin Coulter


10 things in tech you need to know today

Lino Mirgeler/picture alliance via Getty Images Good morning! This is the tech news you need to know this Thursday. Sign up here to get this email in your inbox every morning.Have an Amazon Alexa device? Listen to this update by searching "Business Insider" in your flash briefing settings.Sheryl Sandberg signed off a decision to block a minority group in Turkey. ProPublica reported that Facebook bowed to legal demands from Turkey's government to block posts from the People's Protection Uni...
Tags: Google, Amazon, Facebook, Australia, California, Trends, Walmart, Turkey, Nick Clegg, Myanmar, Salesforce, Sheryl Sandberg, Gamestop, Bell, Amazon Alexa, Tech Insider


Australia passes world-first new law forcing Facebook and Google to pay for news content

Australia has become one of the first countries in the world with the power to force tech giants to pay for the news they use after a controversial law passed in parliament today. The News Media and Digital Platforms Mandatory Bargaining... [Author: [email protected]]
Tags: Google, Facebook, Business, Australia


Australia passes new law requiring Facebook and Google to pay for news

Australia has passed a new law that will force tech companies to pay publishers for news content, setting the stage for potential, similar action in other countries.
Tags: Google, Facebook, Australia, Cnn


Australia Passes Law to Make Google, Facebook Pay for News

Australia's laws forcing Google and Facebook to pay for news are ready to be implemented, though the laws' architect says it will take time for the digital giants to strike media deals.
Tags: Google, Facebook, Australia


Australia passes law to make Google and Facebook pay for news

The world-first law is designed to make the tech giants pay news publishers for content.
Tags: Google, Facebook, News, Australia


Facebook says it will pay $1.3 billion over three years to news media

Facebook, following in Google's footsteps, says it plans to invest US$1 billion ($1.34b) to "support the news industry" over the next three years.The social networking giant, which has been tussling with Australia over a law that... [Author: [email protected]]
Tags: Google, Facebook, Business, Australia, US


News Publishers Have Value Proposition Backwards on Facebook and Google

Maybe you’re following the discussion of the proposed Australian legislation that would require digital platforms such as Facebook and Google into negotiations to establish a price to be paid for news content that appears on their sites. A lot is at stake in how the world follows on as to Australia and how business models are developed to compensate various parties in this new age of news content circulation. Binding and mandatory arbitration clauses with awards that may favor news publ...
Tags: Google, Facebook, Law, Australia, Uncategorized, Atlantic, New York Times, Rupert Murdoch, Mike Isaac, Seattle Times, Isaac, New York Times Google, Issac, Campbell Brown Facebook, Damien Cave, News Corp Facebook


Genesis praised for saving Tiger Woods, Burger King redesign beats McDonald’s in poll: Wednesday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. Woods’ car wins praise As news of Tiger Woods’ horrific car crash in California shocked the world on Tuesday, his battered automobile became an unexpected protagonist. Woods was driving the Genesis GV80 crossover, a new mi...
Tags: Google, Facebook, New York, Australia, California, Advertising, America, Eu, Burger King, Sugar Ray Leonard, Woods, Bloomberg News, McDonald, McCann, Leonard, Carlos Gonzalez


Australia's Antitrust Chief Claims Victory After Facebook Standoff

By Byron Kaye and Colin PackhamCANBERRA (Reuters) - The architect of Australia's laws forcing Google and Facebook to pay media companies for...
Tags: Google, Facebook, Australia, Byron Kaye, Colin PackhamCANBERRA Reuters


Daily Crunch: Facebook brings news sharing back to Australia

The Facebook-Australia news battle seems to have reached an end, Android gets an update and Lucid Motors is going public via SPAC. This is your Daily Crunch for February 23, 2021. The big story: Facebook brings news sharing back to Australia Last week, Facebook responded to the Australian government’s proposed law requiring internet platforms to strike revenue-sharing agreements with news publishers by blocking news sharing and viewing for users in the country. But with the government amending t...
Tags: Google, Social, Facebook, Media, Australia, Tech, Nasa, Policy, New Zealand, Reddit, Federal Aviation Administration, Shippo, Alex Wilhelm, SPAC, Facebook Australia, Lucid Motors


Agencies scramble for billions in ad dollars

Hi and welcome to this weekly edition of Insider Advertising, where we track the big stories in media and advertising.Remember you can sign up to get this newsletter daily here. This week: Ad billions in playMicrosoft, news savior?Trump's enablers Riccardo Savi/Getty Images for Concordia Summit Ad budgets up for grabs Billions in advertising will be up for grabs this year as brands that held back on changing their ad agencies last year restart the process, Lindsay Rittenhouse and Patr...
Tags: Apple, Google, Facebook, Media, Microsoft, Australia, Advertising, Disney, US, Trends, Unilever, Fox, Netflix, Prudential, National Enquirer, Philips


How one trailblazer uses Maps to explore the outdoors

Lydia Kluge is an active member of the Google Maps Local Guides community, the everyday people passionate about sharing their experiences on Maps. In 2020, she added more than 1,100 contributions on Google Maps in the form of reviews, photos, and places. Coincidentally, Lydia also hiked, ran, and biked 1,100 miles last year. All those adventures earned her the well-deserved Expert Trailblazer and Expert Fact Finder badges on Google Maps.But Lydia’s journey has been full of adventures long before...
Tags: Google, Utah, Maps, England, Australia, Paris, Park City, Google Maps, St George, Zion National Park, Lydia, Moab Utah, Virgin River, Bonneville Salt Flats, Turret Arch, Katie McBroom


After 80% ARR growth in 2020, Saltmine snags $20M to help employees return to a ‘new normal’ office

What is working in the office going to look like in a post-COVID-19 world? That’s something one startup hopes to help companies figure out. Saltmine, which has developed a web-based workplace design platform, has raised $20 million in a Series A funding round. Existing backers Jungle Ventures and Xplorer Capital led the financing, which also included participation from JLL Spark, the strategic investment arm of commercial real estate brokerage JLL.  Notably, JLL is not only investing ...
Tags: Asia, Australia, Singapore, San Francisco, Tech, Salesforce, North America, Livspace, Jungle Ventures, APAC, Lerner, ARR, Asia Europe, Anurag, Yishai Lerner, JLL Technologies


What's driving Australia's row with Facebook and Google? – video explainer

Australia's attempt to force Facebook and Google to pay media companies for news content is being watched closely around the world. Britain and Canada are among the countries to indicate that they may pursue similar legislation. But what is it really all about? The Australian government says it is trying to level the playing field between digital giants, which take the lion's share of digital advertising revenue, and media companies that have seen their revenues dwindle despite producing much of...
Tags: Google, Facebook, Australia, Australia news, Newspapers, Canada, Britain, Australian politics, Australian media, Peter Lewis, Amanda Meade


Why is Australia trying to regulate Google and Facebook? – video explainer

Guardian Australia’s media correspondent Amanda Meade looks at why the Australian government has gone into battle with two of the world’s biggest tech companies Continue reading...
Tags: Google, Facebook, Australia, Australia news, Newspapers, Australian politics, Australian media, Amanda Meade


Microsoft allies with European publishers to push for 'Australian-style' laws on news content, pitting itself against Facebook and Google

Microsoft president Brad Smith. REUTERS/Lindsey Wasson Microsoft has allied with four publisher lobbying groups in Europe to push for new legislation targeting tech giants. The Alliance wants to ensure Big Tech pays news publishers to host news content. It comes as Australia prepares to force tech giants to pay publishers for hosting their content. Visit the Business section of Insider for more stories. As Facebook and Google brace themselves to start paying news publishers in Australia, r...
Tags: Google, Facebook, Europe, Microsoft, Australia, Trends, Eu, Canada, Biden, Rupert Murdoch, Bing, Publishers, Brad Smith, Alliance, Big Tech, Tech Insider


Microsoft sides with media groups, together they urge Europe to follow Australia's lead, make Google, Facebook pay for news article links

Already interest from MEPs, one body tells us Microsoft and four European press industry trade groups on Monday urged the European Union to introduce new laws that would require websites like Google and Facebook to pay publishers for linking to news content on their platforms.…
Tags: Google, Facebook, Europe, Microsoft, Australia, European Union, Software, Google Facebook


10 things in tech you need to know today

Nick Wass/Associated Press Good morning! This is the tech news you need to know this Tuesday. Sign up here to get this email in your inbox every morning.Have an Amazon Alexa device? Listen to this update by searching "Business Insider" in your flash briefing settings.Facebook reversed its Australian news ban. The move comes after a weekend of negotiations with the government over its proposed media code.Spotify will launch higher quality streaming. The firm announced a slew of updates, inc...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Bruce Springsteen, Microsoft, Australia, Barack Obama, Trends, Biden, Skype, Cnbc, Black, Niklas Zennstrom, Alex Jones, Brad Smith


Facebook Reverses Australian Ban on News Sharing

Facebook has announced that it will restore the ability for users in Australia to share news content on the social platform, following changes to the country's media code. The company banned all news sharing last week in response to a proposed Media Bargaining Law, which aims to level the playing field between Australian news media businesses and digital platforms in terms of bargaining power. The law would allow Australian news publications to negotiate for fair payment for their journalist...
Tags: Google, Facebook, Mark Zuckerberg, Australia, Canada, Josh Frydenberg, Brown, Berners Lee, Tim Berners Lee, Campbell Brown, However Facebook, Facebook Australia


Facebook reverses its Australian news ban and restores news pages

Users inside and outside of Australia are unable to see posts from Australian news outlets as of Wednesday. Insider Facebook has restored news content for its Australian audience. The move comes after a weekend of negotiations with the government over its proposed media code. The new amendments have "satisfied" Facebook, according to VP Campbell Brown. Visit the Business section of Insider for more stories. After a few days of negotiations, Facebook has announced it will restore Australia'...
Tags: Google, Facebook, News, Australia, Trends, Tech News, Scott Morrison, Josh Frydenberg, Brown, Frydenberg, Facebook During, Julie Gerstein, Media Code, Wednesday Insider Facebook, Eden Gillespie


Facebook reverses its Australian news ban

Users inside and outside of Australia are unable to see posts from Australian news outlets as of Wednesday. Insider Facebook has restored news content for its Australian audience. The move comes after a weekend of negotiations with the government over its proposed media code. The new amendments have "satisfied" Facebook, according to VP Campbell Brown. Visit the Business section of Insider for more stories. After a few days of negotiations, Facebook has announced it will restore Australia'...
Tags: Google, Facebook, News, Australia, Trends, Tech News, Scott Morrison, Josh Frydenberg, Brown, Frydenberg, Facebook During, Julie Gerstein, Media Code, Wednesday Insider Facebook, Eden Gillespie


Facebook to restore news sharing in Australia after government amends proposed law

Facebook said it will begin restoring news sharing to Australian users’ feeds in “the coming days” after reaching an agreement with the country’s government. The social media giant made the drastic move of restricting news content in Australia last Wednesday after a dispute over a proposed media bargaining code that is expected to be voted into law soon. The code would have forced Facebook, and other major tech companies like Google, to make revenue-sharing agreements with publishers for content...
Tags: Google, TC, Facebook, Publishing, News, Facebook Pages, Australia, Social Media, Tech, Policy, New Zealand, Josh Frydenberg, Google Facebook, William Easton, Facebook Australia



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