Bloomberg:
Amazon is discontinuing Glow, its video calling device aimed at kids, amid lackluster sales and a shift in consumer behavior, after debuting it last year — Amazon.com Inc. is discontinuing its pandemic-era kids’ video calling device amid lackluster sales and a shift in consumer behavior.
JD Alois / Crowdfund Insider:
Glow, which aims to automate the insurance process for SMEs, has raised a $22.5M Series A led by Cota Capital — “Digital insurance agency” Glow has raised $22.5 million in Series A funding. The round was led by Cota Capital, with AV8 Ventures, Markd, Startup Venture Capital, Maiden Re, and more participating in the round.
Sarah Perez / TechCrunch:
YouTube unveils Creator Music in beta, which lets creators browse a catalog and use songs by buying rights or sharing revenue, debuting in the US this fall — In addition to the groundbreaking news that YouTube would begin to monetize Shorts videos and revamp its Partner Program …
MacRumors:
A source details the behavior of iPhone 14 Pro’s always-on display, including Widgets fading in and out to prevent OLED burn-in and customizable visual elements — The iPhone 14 Pro will feature unique behavior on the Lock Screen and significant changes to the status bar thanks to its always-on display …
Alex Cranz / The Verge:
Amazon Kindle Scribe review: great battery, display, and accessories, but lackluster notetaking, outdated document syncing and software, and small writing delay — Amazon’s biggest Kindle ever is also the first to let you pair it with a stylus for note-taking.
Manish Singh / TechCrunch:
India’s market regulator tightens IPO disclosure norms after recent lackluster performance of tech startups; firms must disclose KPIs and past pricing details — India’s market regulator has tightened disclosure norms for firms looking to file for an initial public offering after lackluster performance …
Hannah Lang / Reuters:
The US Consumer Financial Protection Bureau plans to start regulating BNPL companies, such as Klarna and Affirm, and will release guidance in the future — The U.S. Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now, pay-later” (BNPL) companies like Klarna and Affirm Holdings …
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