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A Spotify and Netflix partnership could bring big benefits to both companies.Read More

French software firm LumApps is set to merge with Swiss counterpart Beekeeper in a deal that will create a new business valued at over $1bn. LumApps, which calls itself an “intranet super app,” offers a platform that helps staff at large firms manage internal communications and workforce apps.  Meanwhile, Beekeeper provides a mobile platform that helps companies engage with their frontline workers via tools such as messaging, shift scheduling, and workflow automation.  Combined, the two firms plan to create an “employee hub” covering a broad spectrum of job roles, from doctors and truck drivers to customer service agents.  Once merged,…

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Swedish startup Lovable is in talks to raise $150mn at a valuation just shy of $2bn, the Financial Times reports.  The Stockholm-based business has built a generative AI platform that allows non-technical users to build apps or websites based on simple text prompts.  “I decided what we needed to do is build for the 99% who do not create software,” Anton Osika, Lovable’s co-founder, told TNW in April.  Osika founded Lovable alongside Fabian Hedin in 2023. Last week, Osika said the company had generated $75mn in annual recurring revenue (ARR) within seven months of launching the platform, making it one…

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Del Monte Foods secured $912.5 million in financing, enabling it to continue its operations during this process.Read More

This was Fox News’ highest-rated June since 2020 in total viewers and the Adults 25-54 demo.Read More

LVMH is shifting part of its European media account from Publicis to Havas, while maintaining its U.S. partnership with Publicis.Read More

The Dutch government has approved the first electric scooter for public roads and bike lanes, marking a cautious yet significant shift in the country’s tough stance on micromobility. Dubbed Selana Alpha and developed by the startup Selana, the vehicle was recently approved for use on Dutch roads by the national transport authority (RDW). In the process, the e-scooter earned its first blue license plate, which means it’s now legally allowed to be driven as a light motor vehicle.   For co-founders Chingiskhan Kazakhstan and Max Schalow, the plate marks the end of a long regulatory slog to legalise their scooter. “After…

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The spin-off leaves G/O Media with just one remaining editorial title, The Root.Read More

Gen Z has a strong radar for inauthenticity, rejecting or dismissing brands who treat them as targets in a sales funnel. But it’s cool to talk about the things we love.Read More

CBS News will issue no statement of apology or regret for the 60 Minutes interview with Kamala Harris.Read More