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Indian social network Public App raises $41 million

TechCrunch

Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as the hyper-local Indian startup looks to expand its presence in the world’s second-largest internet market.

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Cosmos Video – a ‘Club Penguin for adults’ to socialise and work – raises $2.6M from LocalGlobe

TechCrunch

Step forward Cosmos Video , which has a virtual venues platform that allows people to work, hang out and socialize together. Cosmos allows users to create virtual venues by combining game mechanics with video chat. As you move your avatars closer to one another person you can video chat with them, as you might in real life.

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Epic Games to shut down Houseparty in October, including the video chat ‘Fortnite Mode’ feature

TechCrunch

Houseparty, the social video chat app acquired by Fortnite maker Epic Games for a reported $35 million back in 2019, is shutting down. Related to this move, Epic Games’ “ Fortnite Mode” feature , which leveraged Houseparty to bring video chat to Fortnite gamers, will also be discontinued.

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Riverside.fm launches its video podcasting platform

TechCrunch

is a new startup with an easy-to-use platform for recording professional-quality video podcasts. There are plenty of other browser-based podcasting tools (for example, Zencastr recently expanded beyond audio with video support ), but the Keysons suggested that they’ve spent a lot of time solving common technical issues for podcasters.

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SoftBank leads $150M round for Firework’s shoppable video

TechCrunch

“We have big ambitions at Firework — to become the infrastructure on which the next-generation of the internet is built and run — and Softbank Investment Advisers supports that vision.”. Last year, Firework was working with some 600 companies, including Albertsons Companies, The Fresh Market and Omnicom Media Group.

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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California.

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Mulch and the enduring appeal of internet absurdism

TechCrunch

The most recent mulch video came to me in the middle of the night, when I was hours into scrolling through a particularly nasty bout of insomnia. The video was an edit of a tiny dog surrounded by a frame of glittering hearts, with an AI-generated voice narrating, “Today, […] © 2023 TechCrunch. I am haunted by mulch posts.

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