Teen banking app Step reaches for the stars to raise $50 million

LONDON (Reuters) – Teen banking app Step has raised $50 million (37.4 million pounds) from investors led by Coatue Management alongside celebrities such as singer Justin Timberlake, influencer Charli D’Amelio and former quarterback Eli Manning.

Step, which offers teenagers a bank account connected to a secured spending card and peer-to-peer payments, also said it had secured funding from existing backers including Stripe, Will Smith’s Dreamers VC, CrossLink Capital and Collaborative Fund.

San Francisco-based Step allows parents to view balances and real-time activity, add money to their teens’ accounts and manage and freeze cards. It does not charge fees but makes money from card interchange.

Other stars involved in the fundraising included The Chainsmokers, Kelvin Beachum, Larry Fitzgerald and Andre Iguodala, Step said in a statement on Wednesday.

The startup, which has attracted more than 500,000 users since launching two months ago, will use the funding to grow the team and

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Two games standout among Apple’s App Store Best of 2020 winners

It’s awards season for the video game industry, and one of the first announcements out of the gate comes from Apple, which unveiled its App Store Best of 2020 winners. The honors highlight coders who have created programs that have “proved to be essential for making life, easier, healthier and more connected” in a year that’s been upended by the coronavirus pandemic.

The iPhone Game of the Year was “Genshin Impact,” a console-quality title that happens to play well on mobile devices. The Chinese developer, miHoYo, read the tea leaves early and realized that the devices in players’ pockets would soon be able to push out visuals and gameplay equal to what they see on their living room televisions. As point of fact, “Genshin Impact” also released on PlayStation 4 and PC, showing that the hardware gap between the two devices is closing. The game can also be played across

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Of course this is the most downloaded iPhone app of 2020



a cup of coffee on a table: Of course this is the most downloaded iPhone app of 2020


© Provided by Mashable
Of course this is the most downloaded iPhone app of 2020

Year after year, the same old social media apps have gotten the top spots on Apple’s annual list of most downloaded apps. But not this year, my friends! 

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Drumroll please. The most downloaded free app of 2020 in the U.S. was…ZOOM Cloud Meetings! Pop that bottle of quarantine isolation champagne, because it’s a truly astronomical rise that shows how different 2020 was from past years thanks to the pandemic. Zoom did not even crack Apple’s chart of the top 20 most downloaded free apps last year.

There were other reshuffles and surprises. The second most downloaded app was TikTok, and the third was newcomer Disney freaking Plus. All anyone wanted to do in 2020 was connect with friends and consume snackable or comforting content.

Apple does not share the number of downloads of

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Salesforce acquires work chat app Slack for $27B

Dec. 1 (UPI) — Cloud computing company Salesforce acquired workplace chat app Slack in an agreement announced by the two companies Tuesday.

Salesforce agreed to pay $27.7 billion for Slack, with Slack shareholders receiving $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share. The valuation was based on the closing price of Salesforce’s common stock on Monday.

Marc Benioff, chair and CEO of Salesforce, praised Slack CEO and co-founder Stewart Butterfield for building “one of the most beloved platforms in enterprise software history.”

“This is a match made in heaven,” he said. “Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the all-digital, work-from-anywhere world.”

Butterfield similarly said the two companies see a “massive” opportunity in working together.

“As software plays a more and more critical role in the performance of every organization, we share a

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Kubernetes will deliver the app store experience for enterprise software, says Weaveworks CEO

Commentary: Google Cloud, Red Hat, and now AWS are serving up Kubernetes in a way that will make it dramatically easier to deploy and consume enterprise software, says the CEO of Weaveworks.

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Image: Oleg Mishutin, Getty Images/iStpckPhoto

As consumers, we’re used to getting and installing apps via Apple’s App Store or Google Play. As enterprise buyers, we undergo Dante’s nine circles of hell just to get garbage cobbled together by an overpriced systems integrator. Or we used to, until Kubernetes came along.

Talking to Alexis Richardson, CEO of Weaveworks, which popularized GitOps, a new way to operate and manage Kubernetes in production. The reason enterprises have missed the “app store moment” is because “everybody’s infrastructure has been different for so long.” He went on, “Containers are the way to solve that problem because they provide the next level of abstraction to encapsulate applications.” Containers come close to this app store

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GoodFirms Discloses Trustworthy Mobile App Development Companies for Business During COVID-19 Pandemic

WASHINGTON, Dec. 1, 2020 /PRNewswire/ — The COVID-19 pandemic has accelerated the necessity for digital transformation. These days, mobile apps have been increasing and demanding for apps like shopping, entertaining, socializing gaming, and many more. The behavior of mobile users is indicating a shift in how they are interacting with their favorite brands.

GoodFirms (PRNewsfoto/GoodFirms)

Therefore, various industries that were not leveraging mobile apps are now considering to build an app for their business. It is also helping the varied sectors of enterprises solve the specific challenges they face because of the worldwide health crisis. The apps have given enterprises new opportunities to make new revenue streams and deliver value-added services to customers.

As the demand has increased for creating sorts of mobile apps like ecommerce, enterprise, healthcare, education, financial, social, entertainment, game, and much more, several service providers in the market claim to be the best. Thus to help the

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IMS Launches Telematics App Development Framework

Boston, Massachusetts and Waterloo, Ontario, Canada, Nov. 30, 2020 (GLOBE NEWSWIRE) — IMS (Insurance & Mobility Solutions), one of the world’s top three providers of connected car data solutions to insurers, mobility operators and governments, is pleased to announce the immediate launch of One App, a development framework that enables the rapid creation of scalable, configurable telematics apps that promote higher levels of user engagement than those in market today. 

Via One App, IMS offers customers across insurance and mobility full control over the configuration of customer-facing apps, and not just at branding or user interface (UI) design level. Applicable for app-as-a-sensor and feedback-only deployments, One App allows program-level customization for core functionality and feature sets and enables dynamic displays of content and messaging according to individual customer journeys. For example, at the outset users can be guided with personalized onboarding and set-up content, which then gives way to behavioral

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Social Media App WooPlus Takes Plus-Size Dating To Europe

WooPlus, the most successful “curvy” dating app, recently announced it reached 5 million users worldwide and is launching the German language within the social media app to serve a growing user base in Europe.

The WooPlus platform was founded in 2015 and was designed to become the “dating app for curvy people” to find love. Beyond that, the app’s developers sought to create an inclusive lifestyle online environment for users to feel attractive, confident and welcome.

Since launch, WooPlus grew to more than 5 million members around the world and continues to expand into Europe with its latest invasion into Germany. Like many social media and dating apps, WooPlus saw more aggressive growth during the Covid-19 pandemic lockdowns. WooPlus’ in-house stats report a

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I tried Parler, the social media app where hate speech thrives

While the Bay Area hosts juggernauts Facebook and Twitter, neighboring Nevada is home to social media upstart Parler, headquartered in Henderson, a suburb of Las Vegas. Fear and loathing are apt descriptors for the site, where the rancor of the far-right thrives. Beneath the thin guise of the app’s self-proclaimed emphasis on “free speech” lies the ability to say not just a hypothetical “anything,” but specifically to share racist slurs and violent threats toward political opponents. On Parler, Nazi imagery flourishes, death threats abound, and conspiracy theories reign.

Following Twitter and Facebook’s recent efforts to label false and misleading posts, users flocked to Parler, which has occupied a top 10 spot on both the Android and Apple app stores in recent weeks. Parler users bemoan big tech, but the app’s funding comes at least in part from Rebekah Mercer, daughter of Robert Mercer, a billionaire with a history of data-mining.

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Apple hires venture capitalist Josh Elman to help improve App Store discovery

Apple has hired Josh Elman, a prominent venture capitalist and former vice president of product at stock-trading app Robinhood, to help it improve iOS app discovery in the App Store. Elman announced the news via his Twitter account on Monday, saying he’s also leaving his role as a board partner at the firm Greylock Partners and as a board member of prominent tech companies like Discord and Medium.

Elman joining the App Store team may help improve the iPhone maker’s relationship with developers after a rather rough year in which Apple’s stewardship of the App Store has been called into question by critics, rivals, and regulators. For instance, Elman is previously a board member of and investor in Houseparty, the chat app acquired by Fortnite creator Epic Games.

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