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Monthly Archives: March 2023
Plural VC lures mRNA vaccine and AI pioneer to become its newest partner
Some say the European tech startup ecosystem lacks investors who have been “operators,” as in former entrepreneurs. And indeed, that has been the case for many years. However, it’s good to see that this has been changing, even if the … Continue reading
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Snap is offering its AR tools to enterprise customers
Snap users are already quite familiar with the company’s expertise in AR thanks to Lenses and Filters. Now, the social media company is unveiling AR Enterprise Services (ARES) to offer those tools to businesses. As part of the launch, Snap … Continue reading
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TikTok ban will benefit Meta, Google and Snap the most: Bernstein
If TikTok is banned in the U.S., Meta is likely going to be the biggest winner, alongside YouTube and Snap, according to research and brokerage firm Bernstein. Ahead of TikTok CEO Shou Zi Chew’s appearance in front of Congress on … Continue reading
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Ford expects EV business unit to lose $3B this year, hit profitability in late 2026
Any question of what business sector is — and is not — profitable at Ford is no longer a mystery. Ford lost about $3 billion on its EV and digital services business over the past two years, a unit now … Continue reading
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Budgeting For A Retail Store: Key Elements Entrepreneurs Should Consider
While the pandemic helped fuel the demand for online retail and eCommerce, in-store retail shopping remains a staple among millions of American consumers. In the United States, there are currently more than 153,597 small specialty retail stores as of 2023, an increase … Continue reading
If the US Bans TikTok, WeChat Might Be Next
WeChat has 19 million users in the US and is a lifeline for people across the Chinese diaspora.
Accenture to cut 19,000 jobs
Tech consultancy giant Accenture plans to cut 19,000 jobs, or 2.5% of its workforce, and has lowered its annual revenue and profit forecasts, becoming the latest behemoth to trim expenses in the wake of dwindling global economic conditions. The reduction … Continue reading
How to spot investment-worthy founders: Look for mindset, competence and confidence
Sanjay Reddy Contributor Sanjay Reddy is a co-founding partner of Unlock Venture Partners, a firm focused on early-stage technology investments in Los Angeles and Seattle. More than 102,000 workers in U.S.-based tech companies have already been laid off in mass … Continue reading
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