Social Media
Facebook-parent Meta to cut 10,000 jobs in second round of layoffs
Facebook's parent company Meta Platforms said on Tuesday it would cut 10,000 jobs, the first Big Tech firm to announce a second round of mass layoffs. "Over the next couple of…
Bigo Live partners TripleA to enable users pay with crypto
Bigo Live, a Singapore-based social live streaming platforms, has partnered with TripleA, a Singapore-based licensed crypto payment gateway, to enable users to pay with…
Singapore’s Partipost raises $7M led by iGlobe Partners
Partipost, a Singapore-based crowd influencer marketing and commerce platform, announced Tuesday that it has secured an investment of over $7 million. The oversubscribed round is…
Malaysia’s respond.io raises $7M funding led by Headline Asia
Respond.io, a Malaysia-based social to conversational commerce software as a service (SaaS) platform, has closed $7 million in Series A funding. The round was led by Headline…
India’s ShareChat closes $520M round at $5 billion valuation
ShareChat (Mohalla Tech Pvt Ltd), India’s largest homegrown social media company, announced Thursday the closure of its multi-tranche funding round through which it raised a total…
Elon Musk now says $44B Twitter deal “temporarily on hold”
Billionaire tech entrepreneur Elon Musk said on Friday the $44 billion deal to takeover Twitter is "temporarily on hold" as he awaits data related to the social media platform's…
Elon Musk’s $44B Twitter buyout challenged in shareholder lawsuit – report
Billionaire tech entrepreneur Elon Musk and social media firm Twitter Inc were sued on Friday by a Florida pension fund seeking to stop Musk from completing the $44 billion…
Singapore’s The Parentinc acquires Vietnam women online community Webtretho
The Parentinc, a Singapore-based community platform for parents, announced Thursday the successful completion of acquisition of Webtretho, a Vietnam-based women and parenting…
Singapore social music creation platform BandLab raises $65M Series B funding
BandLab, a Singapore-based social music platform, announced Tuesday the close of its Series B round totaling $65 million with a post-money valuation of $315 million. The company…
Elon Musk to acquire & privatize Twitter for $44B
US-based social media platform Twitter, Inc. announced on Monday that it has entered into a definitive agreement to be acquired by an entity wholly owned by billionaire…
