Wednesday, August 9, 2023

Krafton commits $150 million to India following BGMI trial approval

South Korean gaming behemoth Krafton plans to invest another $150 million in India over the next 2-3 years after securing permission to trial its popular battle royale game in India following two bans. Thursday’s announcement follows Krafton investing about $140 million in 11 Indian startups and the local gaming ecosystem in the past three years. […]

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Matter filters out microplastics, one washer at at time — and raises $10M to go industrial

Microplastics are everywhere — quite literally, as study after study shows. And while we can’t do much about the tiny, toxic particles already in our oceans, waterways, and bodies, we can try to slow the release of new ones. Matter is a startup attempting to do so (with a shiny new $10 million) using a […]

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Gmail app gets highly requested native translation feature

Gmail for Android and iOS devices finally launched a native translation capability that detects a language and translates the email automatically. The feature has been a staple on the desktop version and is currently compatible with 100 languages. Google announced the exciting news on its Workspace Updates blog, saying that it’s been a “highly requested […]

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72 hours to save on passes to TechCrunch Disrupt 2023

Press pause on procrastination, and you’ll be rewarded with the sweet sound of cha-ching! We’re in the 72-hour window, folks — that’s all the time you have left to save on passes to TechCrunch Disrupt, taking place September 19–21 in San Francisco. Save $600 on passes to TechCrunch Disrupt 2023 Prices will go up on […]

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Duolingo spotted developing a music learning app

Work on Duolingo’s next big app, Duolingo Music, is well on its way, according to new findings. Recent development efforts indicate the company’s upcoming app will focus on piano, drums, and sheet music lessons, as the edtech company works to again expand its product lineup beyond its flagship language learning app. The new development work […]

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You can now order Starbucks with your Target Drive Up order pickup

Nationwide retailer Target is encouraging more consumers to use the convenience of its curbside order pick-up service with the addition of a new perk: Starbucks coffee. The company announced today that customers will be able to add a Starbucks beverage or food item to their Drive Up order — a feature that will be available […]

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Lyft shares pop, then plop, as it predicts slow and steady growth

Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant’s stock price initially rocketed nearly 14% in after-hours trading following its Q2 2023 earnings report. The stock then shed its after-hours gains shortly before this story went live. The company’s enthusiastic investors […]
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Tuesday, August 8, 2023

Micromax, smartphone sales stalled, eyes a steer into electric vehicles

Micromax Informatics once had a firm grip on the local mobile phone market in India, for a time passing stalwarts like Samsung, icons like Apple and many more to be the biggest handset maker of them all. But a mix of stronger (and cheaper) competition, coupled with the rapid pace of technology development and the […]

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Zoom knots itself a legal tangle over use of customer data for training AI models

Three years ago Zoom settled with the FTC over a claim of deceptive marketing around security claims, having been accused of overstating the strength of the encryption it offered. Now the videoconferencing platform could be headed for a similar tangle in Europe in relation to its privacy small print. The recent terms & conditions controversy […]

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Singapore wealth management platform Endowus raises $35M

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 million in follow-on funding. Now two years later, despite a much […]

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BlueJeans folds

Verizon dropped hundreds on millions on BlueJeans at the height of pandemic lockdowns. Three years and some change later, the lesser-known video-conferencing app is done for, the telecom giant told users today. In a mass email, Verizon wrote that it “made the difficult decision to sunset our suite of BlueJeans products.” 9to5Google first reported the […]

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WeWork goes from a $47B valuation to ‘substantial doubts’ about its ‘ability to continue as a going concern’

WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges for years now, and with so many companies abandoning office space and more people being […]

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These robotics companies are hiring

I certainly wouldn’t go so far as to say the robotics industry is recession-proof, but it’s remained remarkably stable through a turbulent few years of economic instability. Automation is was accelerated dramatically by the pandemic and interest only continues to grow. That’s a good thing for the people who are needed to create and build […]

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Nvidia teams up with Hugging Face to offer cloud-based AI training

Nvidia is partnering with Hugging Face, the AI startup, to expand access to AI compute. Timed to coincide with the annual SIGGRAPH conference this week, Nvidia announced that it’ll support a new Hugging Face service, called Training Cluster as a Service, to simplify the creation of new and custom generative AI models for the enterprise. […]

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Netflix launches a game controller app for playing games on your TV

After last fall signaling its intentions to expand into cloud gaming, Netflix today launched a new app that will soon allow subscribers to play games on their TV. The app, dubbed “Netflix Game Controller,” lets you use your phone as a controller after pairing it with your TV in order to play the games available […]

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