Live-streaming app Spotlite raises $10 million from Sequoia Capital China to help singers make money

Described to me as “American Idol meets musical.ly,” startup Spotlite recently raised more than $10 million from Sequoia Capital China and BlueRun Ventures. The plan is to use the funding to build out the product, make key hires and expand its marketing and advertising efforts. Spotlite is a direct-to-fan music … More…

Snapchat launches augmented reality developer platform Lens Studio

Snapchat is finally opening up so outside developers can help it offer infinite augmented reality experiences beyond those it designs in-house. Today, Snap launches the Lens Studio AR developer tool for desktops so anyone can create World Lenses that place interactive, imaginary 3D objects in your photos and videos. But brands, … More…

Paddle, the software sales platform founded by a Thiel Fellow, raises $12.5M

Paddle, a U.K. startup that offers software companies a single platform for the entire software sales process — including trials and licenses, payments, and analytics — has raised $12.5 million in further funding. Leading the Series B round is enterprise-focussed VC Notion, with participation from existing investors BGF Ventures and … More…

Half of Amazon app users have been switched to a new, swipe-based 1-Click checkout

Has Amazon’s ‘one-click’ checkout on mobile looked a little different to you lately? A number of users of Amazon’s mobile applications have recently reported seeing a new checkout option that replaces the click – well, on mobile, the tap – with a swipe instead. As it turns out, the option … More…

Rico-owned Henchman acquires Jinns app, will rebrand to new on-demand concierge early next year

Jinn, the London on-demand delivery startup that shut down and was put into administration after being unable to pay creditors, has found a buyer for some of its assets. TechCrunch understands that global logistics company Rico Logistics Ltd., under its London-based luxury delivery service Henchman, has acquired the Jinn app, … More…

LimeBike, the cycle-sharing startup, expands to Europe as it hits 1M rides in the US

LimeBike, one of the many startups hoping to steal a march in the crowded bike-sharing market, is today taking its first step to scale internationally. The Bay Area-based company — which lets people use an app to find and ride “dockless” bikes for $1 for 30 minutes (or $0.50 for … More…

Soylent co-founder Rob Rhinehart steps down as CEO

After an eventful (and sometimes challenging) year for Soylent, co-founder Rob Rhinehart announced today that he will resign as the meal replacement shake company’s chief executive officer. That position will be taken over by Bryan Crowley, the president of Soylent’s parent company Rosa Foods. In his post, Rhinehart said that … More…