Klarna partners with fellow fintech Adyen to bring buy now, pay later into physical stores

Posted on September 26, 2024 by Techme101

Klarna said Thursday that it had entered into an agreement with Adyen to add its buy now, pay later products to physical payment terminals.

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Peak XV has reaped $1.2B in the year since it split from Sequoia

Posted on September 26, 2024 by Techme101

Peak XV Partners, the largest India-focused venture fund, has realized about $1.2 billion in exits since it separated from Sequoia last year.
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Dame Judi Dench and John Cena to voice Meta AI chatbot

Posted on September 26, 2024 by Techme101

The firm also unveiled the first working prototype of Meta’s augmented-reality glasses, called Orion.

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WordPress.org bans WP Engine, blocks it from accessing its resources

Posted on September 26, 2024 by Techme101

WordPress drama went up another notch today after WordPress.org, the free-open source web content hosting software, banned web hosting provider WP Engine from accessing their resources. In a post on WordPress.org, WordPress co-founder Matt Mullenweg wrote that, pending their legal claims, WP Engine doesn’t have access to the platform’s resources, such as themes and plug-ins. […]
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Marvel Fusion lands $70M for laser-powered fusion bet

Posted on September 26, 2024 by Techme101

Marvel Fusion is one of several companies pursuing what’s known as inertial confinement fusion.
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OpenAI’s chief research officer has left

Posted on September 26, 2024 by Techme101

OpenAI’s chief research officer, Bob McGrew, and a research VP, Barret Zoph, have left the company hours after OpenAI CTO Mira Murati announced she would be departing. CEO Sam Altman revealed the two latest resignations in a post on X Wednesday evening, along with leadership transition plans. “Mira, Bob, and Barret made these decisions independently […]
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Dinii, a cloud-based restaurant management platform, raises $45M Series B

Posted on September 26, 2024 by Techme101

Japan has always been a strong market for bringing technology into the experience of consuming food, and now one of the startups leading on this idea is attracting investors from across the ocean. Dinii, which lets diners order food from restaurants and shops through a mobile platform, has raised $48 million (7.46 billion JPY). Bessemer […]
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American Eagle sues Amazon over alleged ‘knock-offs’ of Aerie products

Posted on September 26, 2024 by Techme101

Amazon has for years faced complaints from brands that accuse the company of hosting counterfeits on its third-party marketplace.

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Pear wants to empower up-and-coming VCs with its new emerging managers in residence program

Posted on September 26, 2024 by Techme101

When seed-focused Pear VC raised a $432 million fund last year, the firm co-founder Pejman Nozad said that it meant his firm had reached its “own product-market-fit.” That fourth fund was nearly three times larger than its previous $160 million fund. The eleven-year-old firm wants to help emerging venture funds follow in Pear’s footsteps. On […]
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Promises of ‘passive income’ on Amazon led to death threats for negative online review, FTC says

Posted on September 25, 2024 by Techme101

The FTC is cracking down on “automation” companies that launch and manage online businesses on behalf of customers in exchange for an upfront investment.

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