Cyber Monday online sales hit a record $11.3B, driven by demand, not just inflation, says Adobe • TechCrunch

Cyber Monday online sales hit a record $11.3B, driven by demand, not just inflation, says Adobe • ProWellTech

Expectations for this year’s holiday spend online were lukewarm, but initial activity — driven by deep discounts — has bucked predictions. Cyber Monday pulled in $11.3 billion in sales online according to figures from Adobe Analytics, which tracks seasonal e-commerce activity. This is 5.8% more than consumers spent on the same day last year (when…

Solana-focused crypto wallet Phantom adds Ethereum and Polygon support • TechCrunch

Solana-focused crypto wallet Phantom adds Ethereum and Polygon support • ProWellTech

Solana-centric crypto wallet Phantom is expanding its support to two other blockchains, Ethereum and Polygon, the company exclusively told ProWellTech. By adding support for Ethereum and Polygon, Phantom is expanding users’ access from only Solana to all three of the ecosystems, Brandom Millman, CEO and co-founder of Phantom, said to ProWellTech. “We want to bring…

'Co-warehouse' company Saltbox closes $35M Series B • TechCrunch

‘Co-warehouse’ company Saltbox closes $35M Series B • ProWellTech

Coworking and warehouse space company Saltbox announced today the closing of a $35 million Series B led by Cox Enterprises and Pendulum Holdings. The news comes more than a year after Saltbox closed a $10.6 million Series A, bringing its total funding to $56 million. As ProWellTech previously reported, Saltbox — which was founded in…

Huawei Mate 50 Pro camera module seen close up.

The iPhone 14 Pro just can’t win this epic camera shootout

Huawei and Leica created some of the very best camera phones I’ve ever used, with the P20 Pro, in particular, igniting my interest in mobile photography. The Apple iPhone has always provided it with a strong challenge, and for a long time, an iPhone and a Huawei phone were my camera go-to devices. Huawei and Leica…

Pearpop raises $18M at a $300M valuation to scale its social collaboration marketplace • TechCrunch

Pearpop raises $18M at a $300M valuation to scale its social collaboration marketplace • ProWellTech

Pearpop, a marketplace for social collaborations, announced today that it has raised an extension to its 2021-era Series A funding round. The company has added $18 million to its Series A, bringing its valuation to $300 million. Since its launch in October 2020, Pearpop has raised $34 million in funding. The new investment includes funding…

Deepgram lands new cash to grow its enterprise voice-recognition business • TechCrunch

Deepgram lands new cash to grow its enterprise voice-recognition business • ProWellTech

Deepgram, a company developing voice-recognition tech for the enterprise, today raised $47 million in new funding led by Madrona Venture Group with participation from Citi Ventures and Alkeon. An extension of Deepgram’s Series B that kicked off in February 2021, led by Tiger Global, it brings the startup’s total raised to $86 million, which CEO…

An Innue man and young French woman stand nearly back to back.

Two Falls aims to tell an authentic Indigenous story

While several video games include Indigenous characters and themes, few have been made with creative control and design choices in the hands of people from whom these inspirations are drawn. That’s a big part of what makes Two Falls (Nishu Takuatshina)the upcoming first-person narrative adventure game from Unreliable Narrators, so notable. Not only is the studio…

Lyst, the UK fashion marketplace, is laying off 25% of staff • TechCrunch

Lyst, the UK fashion marketplace, is laying off 25% of staff • ProWellTech

Lyst, the UK fashion e-commerce site that last year raised funding at a $700 million valuation, is the latest tech startup to rein in spending by cutting staff. ProWellTech has learned that the company is in the process of laying off 25% of its employees, working out to about 50 people, as part of a…

UK confirms removal of Online Safety Bill's 'legal but harmful' clause • TechCrunch

UK confirms removal of Online Safety Bill’s ‘legal but harmful’ clause • ProWellTech

The UK government has completed a major revision to controversial but populist online safety legislation that’s been in the works for years — and was finally introduced to parliament earlier this year — but has been paused since this summer following turmoil in the governing Conservative Party. In September, new secretary of state for digital, Michelle Donelan,…