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Korean fashion platform Musinsa bags $190M Series C led by KKR at a $2.7B valuation
Musinsa, a Seoul-based fashion marketplace, said Wednesday it has raised a $190 million round of Series C funding led by KKR, with participation from Wellington Management. The new capital put Musinsa’s valuation at approximately $2.76 billion (more than 3 trillion … Continue reading
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Former NHTSA head blasts Cruise’s ‘Humans are terrible drivers’ ad
A former administrator of the National Highway Traffic Safety Administration (NHTSA) has responded to a full-page ad taken out in several major newspapers by Cruise, General Motors’ self-driving subsidiary, that calls humans terrible drivers. The ad points to the nearly … Continue reading
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Shark Tank India investors fall short on pledges
Over a year following the inaugural season of the Indian edition of Shark Tank, the seven esteemed investors made good on less than half of their investment pledges, according to a new analysis, the latest in a series of criticisms … Continue reading
Forerunner Ventures sees a future full of “digitally native franchises”
Forerunner Ventures made its name in the venture world by betting on once-nascent startups like Jet, Bonobos and Glossier when it was far easier to build a digitally native brand than today. But as commerce has evolved, so has the … Continue reading
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Basecamp introduces special reduced pricing in India
Basecamp, one of the widely used project management tools first released in 2004, is now available to users in India with special reduced pricing that is as low as about $4 a month. On Tuesday, 37signals co-founder and CEO Jason … Continue reading
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Threads update adds translation and a flurry of minor improvements
Threads exploded onto the crowded scene of aspiring Twitter rivals earlier this month, but it’s still very early days for the Instagram-adjacent text-first social network. Meta released an update to the iOS version of the app on Tuesday, the second … Continue reading
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Maybe showing off an AI-generated fake TV episode during a writers strike is a bad idea
The ongoing strike of creatives in TV and film, plus the nascent threat of AI-based writing and effects, make it a complicated time to work in show business. But little savvy is required to see that this may be the … Continue reading
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AO3 was offline a week ago, but there’s still a fandom brewing in the Downdetector comments
It was an internet nerd’s worst nightmare. On July 10, Archive of Our Own (AO3), a beloved, non-profit fan fiction platform, was plagued by DDoS attacks, rendering it inaccessible for over a day. It makes sense that this community would … Continue reading
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Logitech buys editing console maker Loupedeck
One day after competitor Corsair announced that it acquired mechanical keyboard maker Drop, Logitech has revealed a big purchase of its own. The accessory giant just bought Loupedeck, a Helsinki-based manufacturer of consoles for creative pros. Details of the transaction … Continue reading
Cameo announces more layoffs as celebrity greeting market shrinks
Cameo, a website for ordering video greetings from celebrities, is downsizing again. The Chicago startup, which was valued at more than $1 billion in 2021, intends to lay off 80 workers. Reached by TechCrunch, CEO Steven Galanis confirmed that Cameo … Continue reading
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