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  • Business

    Meta cracks down on ad-free Instagram client a day after it launched

    A third-party Instagram app, called “The OG App,” which promised an ad-free feed, has been pulled from Apple’s App Store just one day after its launch.

  • Business

    PE Firm MBK Partners Considers Joining JIC’s Toshiba Bid, Sources Say

    (Bloomberg) -- MBK Partners is considering joining a consortium led by state-backed investment fund Japan Investment Corp. seeking to buy Toshiba Corp., according to people familiar with the matter.The North Asia-focused private equity firm has held initial discussions to explore backing JIC’s bid, said the people, who asked not to be identified as the information is private. JIC is also in talks to team up with Bain Capital, the people said.Toshiba aims to collect second-round bids by the end o

  • Business

    E-commerce aggregator Una Brands gets $30M to acquire more APAC brands

    Una Brands, an e-commerce aggregator focused on brands in the Asia-Pacific region, announced the first close of its Series B round at $30 million today. The funding was led by White Star Capital and Alpha JWC Ventures. Headquartered in Singapore, Una Brands has a presence in Southeast Asia, Australia, New Zealand, China and the United States, and over 200 employees.