Thursday, July 27, 2023

Mastodon is launching merch to help fund its development efforts

Open source decentralized social network Mastodon, one of the many Twitter, er X, competitors now on the market, has historically been averse to the typical means of monetization other social networks employ, like advertising. Instead, the company has primarily funded itself via Patreon, according to its founder and CEO Eugen Rochko. Now, that’s changing as […]

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Waymo puts the brakes on self-driving trucks program

Waymo is tapping the brakes on self-driving trucks and shifting most of its capital, resources and talent to one commercial bet: ride-hailing. The move, which was announced Wednesday in a company blog post, comes six years after Waymo first tested its autonomous vehicle system in Class 8 trucks. The company emphasized the decision was driven […]
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Twitter rebrands its Android app with the new X logo

Twitter updated its Android app today by replacing the iconic bird logo with its new X logo — the latest step in its ongoing rebranding efforts. The company also updated its app listing on the Google Play Store to reflect the new branding with screenshots of the app with black backgrounds and the X logo. […]

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Wednesday, July 26, 2023

Kenya’s FarmWorks raises $4M pre-Series A funding

FarmWorks, a Kenyan agtech that provides farmers with access to farm inputs, and market for their produce, has raised $4.1 million in a pre-Series A round led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, a number of family offices, and angel investors also participated in the round that brought […]

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Ecosia adds a train travel search tool powered by Omio

Looking to ride the tracks of increasing demand for longer distance train travel that’s being fuelled by climate-concerned consumers seeking to shrink the environmental impact of their trips, tree-planting search engine Ecosia and multimodal travel booking platform Omio have partnered to launch what they’re billing as a “tree-planting rail travel booking tool”. The idea is […]

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AutogenAI, a generative AI tool for writing bids and pitches, secures $22.3M

Business is regularly won and lost on the strength of a proposal. Now, a startup out of London called AutogenAI has built a tool based on generative AI that it claims can help businesses write stronger pitches to improve that strike rate, and it has won some money of its own: $22.3 million from Blossom […]

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Facebook surpasses 3 billion monthly active users

Facebook has over 3 billion monthly active users, according to Meta’s latest quarterly report. That’s quite the staggering number. Even though Facebook has declined in popularity among younger people, the platform is far from dead. Across Meta’s entire family of apps — which includes WhatsApp, Instagram, Messenger and now Threads — there were 3.88 billion […]

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Mirrorscape’s new AR tabletop platform could enhance your D&D campaign

Yet another virtual tabletop (VTT) tool has joined the fray, giving Dungeons & Dragons, Pathfinder and tabletop role-playing gamers alike a new augmented reality experience. Mirrorscape, a mixed reality and gaming development company, announced the open beta launch of its app, letting users experience their favorite tabletop role-playing games (TTRPGs) in AR. The new VTT […]

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What’s next for social media from someone who’s Extremely Online

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show where we sit down with a guest, think about their work and unpack the rest. This week, we had Washington […]

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Graft is building an AI development platform for the masses

When Graft launched its AI development platform in beta last year, it was looking to build something that put AI within reach of every company, not just the largest ones with tons of engineering resources. Today, the company announced a $10 million seed investment. While it was at it, the startup announced that it’s inviting […]

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Walmart+ adds travel benefits to its list of perks

Walmart+, the U.S. retailer’s Prime competitor, is adding travel benefits to its list of perks. The company has announced that members can book getaways through WalmartPlusTravel.com and get Walmart Cash. Walmart+ members will receive 5% Walmart Cash on hotels, vacation rentals, car rentals and activities bookings, 2% Walmart Cash on all flights and a blended rate of […]

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Zombie game maker Techland joins Tencent’s global empire in latest acquisition

Tencent, one of the world’s largest gaming companies, is set to gobble up Techland, the Polish game developer known for open-world zombie games like Dying Light, adding yet another member to its sprawling investment portfolio. In a letter to players, Techland’s founder and CEO Paweł Marchewka announced that Tencent is in the process of becoming […]
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Tuesday, July 25, 2023

Twitter changes its official handle to @X

As part of the ongoing rebranding, Twitter has changed its official handle to @X. Other official handles related to the company have either let go of the “Twitter” moniker or replaced it with X. TechCrunch previously reported that the social network hadn’t reached out to the original owner of the @X handle — Gene X Hwang of […]

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Google says 2 billion logged in monthly users are watching YouTube Shorts

Google said today that more than 2 billion logged-in monthly users are watching YouTube Shorts, giving it an edge over competitors like TikTok and Instagram Reels. This number is up from 1.5 billion monthly logged-in users for YouTube Shorts announced last year. During its Q2 2023 results, Google also said that YouTube brought in $7.67 […]

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