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Monthly Archives: March 2023
Silicon Valley Bank collapse was ‘Lehman moment for technology,’ top Goldman Sachs dealmaker says
The collapse of Silicon Valley Bank was “a little bit like the Lehman moment for technology,” a top Goldman Sachs dealmaker told CNBC.
Amazon’s post-Bezos experiment hasn’t gone exactly as planned
Andy Jassy’s tenure as Amazon CEO has been rocky and isn’t getting any easier after the company’s latest round of job cuts.
Op-ed: Blockchain and crypto need a trellis, not just a weed killer, says Scaramucci
Using the SEC to regulate crypto and blockchain isn’t sufficient, says investor Anthony Scaramucci — the government needs to find ways to grow the industry.
TikTok CEO takes to the app to announce company’s more than 150M active users in the U.S.
Ahead of his testimony before Congress on Thursday, TikTok CEO Shou Zi Chew announced in a TikTok video that the video app now has more than 150 million users in the US — up from 100 million in 2020. He … Continue reading
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Adobe Express launches an enterprise tier with generative AI tools
Adobe launched the enterprise tier of its creative application Adobe Express today at the company’s Adobe Summit event. The enterprise subscription will also let organizations access Adobe Firefly — the company’s newly launched generative AI tools. The creative tools company … Continue reading
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TikTok ‘French Scar’ challenge triggers safety probe in Italy
TikTok has another problem to add to its growing pile: Italy’s consumer watchdog has opened an investigation over user safety concerns — stepping in after a so-called “French scar” challenge went viral on the video sharing platform in which users … Continue reading
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Two is bringing a consumer-like experience to B2B payments
When individuals make purchases online, they place items in the digital shopping cart and use a credit or debit card to complete the transaction instantly. Businesses operate differently, typically looking to pay later at some agreed upon time frame between … Continue reading
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IPRally, a patent search engine powered by explainable AI, raises $10.8M
IPRally, a Finnish startup building a knowledge graph-based patent search engine, has raised €10 million ($10.8 million) in a Series A round of funding. Founded in 2018, IPRally is one of a number of emerging players looking to infiltrate a … Continue reading
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Consumers are splurging on premium smartphones amid tough economic conditions, report says
Amid the declining smartphone market, premium devices are having their moment. These pricy devices made up more than half of the worldwide smartphone market’s revenue, according to a report from Counterpoint. The analytics company’s report says that premium devices (with … Continue reading
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Meta Is Being Sued in Kenya, Again
Moderators who handled Facebook and Instagram content allege they’ve been blacklisted after raising concerns about working conditions.