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Spotify buys AI startup Niland to develop its music personalization and recommendations

 Spotify has made its fourth acquisition of the year: AI startup Niland has joined its ranks. Paris-based Niland offered an API-based product focused on providing more accurate search and recommendation options for music. Spotify said the French company will join its R&D team to help hone its personalization and recommendation features for users. Read More […]

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Brit + Co raises $15 million to grow its media and merchandise businesses

 Brit + Co, the media startup founded by Brit Morin, is announcing an additional $15 million in funding led by Verizon Ventures (TechCrunch’s parent company). Former Uber President and Target CMO Jeff Jones will also be joining the startup as an advisor. San Francisco-based Brit + Co will be using the funding to expand its digital content business that […]

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Hong Kong’s Qupital raises $2M led by Alibaba to finance invoice loans for SMES

 Qupital, a one-year-old Hong Kong-based startup that addresses cash flow issues for SMEs, has closed a $2 million seed funding round. The is certainly a notable size for an early stage investment in Hong Kong’s nascent but growing startup scene. The financing was led by Hong Kong-London firm MindWorks Ventures and the $130 million Alibaba Entrepreneurs […]