Synapse, a fintech company, has filed for bankruptcy and entered liquidation. The company, which raised over $50 million in venture funding, laid off 40% of its employees last year and filed for bankruptcy in April. Despite receiving funding from Andreessen Horowitz, Synapse has ceased operations.

Source: https://techcrunch.com/

DevOps startup Harness acquires feature flag startup Split.io for an undisclosed amount. The acquisition aims to enhance Harness' feature flag capabilities. Split.io is a bigger company than previous purchases by Harness, according to CEO Jyoti Bansal.

Source: https://techcrunch.com/

Alex Taub, a seasoned founder, believes memetech will be the next big category, comparing it to established industries like healthtech and fintech. He predicts a significant moment for memetech, but provides no specific details on the industry or its products.

Source: https://techcrunch.com/

HBO's 'MoviePass, MovieCrash' documentary tells the story of MoviePass' failure, but also highlights the experiences of two Black co-founders who were pushed out of the company, despite their efforts to disrupt the movie ticketing industry.

Source: https://techcrunch.com/

Source: https://techcrunch.com/

Fitbit has launched Ace LTE, a kid-friendly smartwatch designed for children aged 7 and above. The device features Wii-style motion control, location sharing, and messaging for parents. It is an extension of the original Ace tracker, targeting the same demographic.

Source: https://techcrunch.com/

Discord, a popular communication platform, has acquired MidJourney, a company formerly known as Viggle, in a significant deal. The acquisition aims to expand Discord's capabilities and offerings, but details of the transaction remain undisclosed.

Source: https://techcrunch.com/

Germany's financial regulator BaFin imposed a cap on new signups for N26, a Berlin-based banking startup, as a sanction to force the company to improve its anti-money laundering measures. The move follows the Wirecard scandal and aims to ensure compliance with regulations.

Source: https://techcrunch.com/

GitHub and JFrog partnered to integrate their platforms, enabling easier management of source code and binaries. The integration includes tracing code from source to binary packages, single sign-on, and unified project structures. This aims to simplify development and support processes for developers and their teams.

Source: https://techcrunch.com/

Odyssey, a tech startup, has developed an end-to-end public fund disbursement and e-commerce platform for program administration, aiming to improve education by making educational offerings more accessible and easier to understand for parents.

Source: https://techcrunch.com/