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Author Archives: Techme101
Microsoft’s OpenAI investment triggered by Google progress, emails show
Microsoft’s OpenAI investment may have been prompted by concerns over Google’s artificial intelligence progress, according to a new report. The tech giant invested $1 billion in OpenAI in 2019 because it was reportedly “very worried” that Google was speeding ahead … Continue reading
Google lays off hundreds and moves some ‘core’ jobs to out of US
Google’s “Core” team was subject to at least 200 layoffs late in April, with reorganization and restructuring that has moved some of those roles to India and Mexico. According to information on Google’s website, the Core team is responsible for … Continue reading
New Snapchat update finally introduces editable Snaps
In a huge update this week (May 1) Snapchat announced several new upcoming features including one long requested by users – editable Snaps. According to Snapchat’s press release, users of the communication app send more than five billion (yes, BILLION) … Continue reading
Walmart heir Lukas Walton’s Builders Vision puts S2G on a path to independence
The Walmart heir, worth $28 billion, is bringing on new limited partners to expand S2G’s investment reach. © 2024 TechCrunch. All rights reserved. For personal use only.
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SoundCloud takes on Spotify’s Discover Weekly feature with new ‘Buzzing Playlists’
SoundCloud has launched a new set of playlists under the “Buzzing Playlists” moniker to highlight up-and-coming tracks from artists. © 2024 TechCrunch. All rights reserved. For personal use only.
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Peloton announces 400 layoffs, 15% of the workforce, as CEO Barry McCarthy departs
Peloton, the exercise equipment maker and creator of online fitness classes, has announced that it’s laying off 15 percent of its workforce — 400 people — as CEO, president, and board director Barry McCarthy steps down after two years in … Continue reading
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Renda, which provides order fulfillment for businesses in Africa, takes in $1.9M
The logistics industry in Nigeria, like any informal sector, struggles with poor infrastructure and other inefficiencies, making it difficult for businesses — both large and small — to move and store goods. Many startups have tackled middle-mile and last-mile delivery … Continue reading
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The Unsexy Future of Generative AI Is Enterprise Apps
Some startups that launched buzzy generative AI products are now narrowing their offerings to try to make them more useful to business clients.
TikTok and Universal settle music royalties dispute
The deal means songs from artists including Ariana Grande and Drake can be used on the platform again.
ButcherBox acquires ‘Shark Tank’-featured startup Truffle Shuffle
Butcherbox is known for grinding its way forward, bootstrapping to more than $600,000 worth of revenue. The company hasn’t traditionally been on the M&A path, but it today announced it is acquiring Truffle Shuffle – who you may remember from … Continue reading
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