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Volterra announces $50M investment to manage apps in hybrid environment

Volterra is an early stage startup that has been quietly working on a comprehensive solution to help companies manage applications in hybrid environments. The company emerged from stealth today with a $50 million investment and a set of products. Investors include Khosla Ventures and Mayfield along with strategic investors M12 (Microsoft’s venture arm), Itochu Technology […]

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TikTok expands its influence to third-party apps with new developer program & SDK

TikTok is looking to expand its influence by integrating with popular third-party video creation and editing apps. The company today announced a new TikTok for Developers program which will introduce tools for third-party app developers, including those that allow them to access TikTok’s creative offerings as well as push content from their apps to TikTok […]

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Founder of language learning platform Babbel steps down as co-CEO to focus on board role

Babbel, the popular Berlin-based language learning service, today announced that its founder and current co-CEO Markus Witte is stepping down from his CEO role but that he will remain the executive chairman of the company’s board. The company’s current co-CEO Arne Schepker will become Babbel’s sole CEO. In addition to these leadership changes, the company […]

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Apple commits $2.5 billion to address California’s housing crisis and homelessness issues

Apple announced this morning a significant $2.5 billion commitment towards easing the California housing availability and affordability crisis. The investment includes a $1 billion commitment to an affordable housing investment fund, $1 billion towards a first-time homebuyer mortgage assistance fund, and $300 million in Apple-owned land which will be made available for affordable housing. Another […]

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