In 2024, Meta will begin requiring advertisers running political or issue ads on its platforms to disclose when their ads are “digitally created or altered” through the use of AI. Facebook and Instagram ads about elections, politics and social issues will soon require the extra step, which advertisers will handle when they submit new ads. […]
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Just a few days after OpenAI’s developer event, Samsung unveiled its own generative AI model, Samsung Gauss, at the Samsung AI Forum 2023. Samsung Gauss, developed by the tech giant’s research unit Samsung Research, consists of three tools: Samsung Gauss Language, Samsung Gauss Code and Samsung Gauss Image. Samsung Gauss Language is a large language model that […]
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Getir, the Turkish instant grocery delivery startup, has made an acquisition to expand its presence in the U.S. and to further its strategy as a consolidator in its category. The company has scooped up FreshDirect, an online grocery delivery service based out of New York. Terms of the deal are not being disclosed, but for […]
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The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by nearly two thirds since original investment, and Neuberger Berman has slashed the worth of its Pharmeasy shares by more than 90%, according to an analysis of the funds’ filings. Vanguard cut the worth of its […]
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Zelda fans already got a stellar new game with “Tears of the Kingdom” this year, but Nintendo just dropped another exciting nugget of news: the gaming giant is working on a live-action movie based on the Legend of Zelda franchise. Shigeru Miyamoto, creator of the thirty-seven-year-old franchise, announced the news this evening. “I have been […]
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Lucid has revised its 2023 production outlook amid softening demand for luxury electric vehicles, the company said Tuesday in its third-quarter earnings report. The EV maker said it will produce 8,000 to 8,500 vehicles by the end of the year, down from previous guidance of more than 10,000, to “prudently align with deliveries.” In the […]
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Google is coming for Honey and other deal-finding tools by introducing new features on Search and Chrome to help users find discounts. The tech giant announced on Tuesday that it’s adding a designated page for deals on Search, while Chrome is getting features that proactively look for discount codes and provide users with price insights. […]
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Xpressbees, an Indian logistics firm that works with several e-commerce firms in the country, has raised $80 million in a new funding round led by Ontario Teachers’ late-stage venture growth fund amid a surge in the country’s online shopping activity. The Canadian pension fund has acquired a stake in the Pune-headquartered startup at about $1.4 […]
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Shein has seen big swings in its price tag over the last year. The Singapore-headquartered fast fashion platform is targeting a valuation of up to $90 billion in a potential U.S. initial public offering, Bloomberg reported on Tuesday. That price tag is up from the $64 billion valuation it was given in a funding round […]
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Cruise is pausing production of its purpose-built robotaxi, the Origin — the autonomous vehicle company’s latest setback amid suspended operations and increased scrutiny from regulators. Forbes first reported the news, citing audio of Cruise CEO Kyle Vogt’s address at an all hands meeting Monday. TechCrunch has confirmed the news with sources who spoke to us […]
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Shares of Honasa Consumer, the parent firm of direct-to-commerce beauty and personal care Mamaearth, jumped slightly in a key public listing watched by many Indian startups as they evaluate their own initial public offerings. Mamaearth, a seven-year-old company, was trading at 331.45 Indian rupees ($3.98) per share on NSE, above its 330 Indian rupees listing […]
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