UK company Killing Kittens is an online, women-led hook-up platform that began as a network to organize "decadent and hedonistic parties... fully focused on the pursuit of female pleasure." Now, Killing Kittens has taken around $220,000 in investment from the UK government's "Future Fund" that, according to the British Business Bank, "issues convertible loans to innovative UK companies with good potential, that typically rely on equity investment and are currently affected by COVID-19." From CNN:
[Killing Kittens] now has 180,000 members in 12 countries and recorded a 330% increase in traffic to its website during coronavirus lockdowns[...]
Killing Kittens, which says it is valued at £11.5 million ($14.9 million) based on previous funding rounds, recently raised £170,000 ($221,780) on crowd-funding platform Seedrs. Those proceeds were matched by the Future Fund, which provides loans of between £125,000 ($162,000) and £5 million ($6.5 million) to companies, subject to at least match funding from private investors.
Twitter and Tiktok had preliminary negotiations about a potential merger/acquisition, reported the Wall Street Journal on Saturday.
TikTok, the social media app from China-based Bytedance, plans to sue the Trump administration in a challenge to the president’s executive order that bans the service in the United States.
Donald Trump on Thursday issued an executive order that bans doing business with ByteDance, the China-based company that owns TikTok. The ban takes effect in 45 days.
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