While refurbished device marketplaces like Back Market have raised substantial amounts in funding (Back Market reached a $5.7B valuation last year after a D round) and Raylo in the UK provides leases for electronics (it’s raised raised $180.6M from the likes of Octopus Ventures and Channel 4 Ventures), the device leasing services for small businesses […]
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Omegle, an online service that allowed individuals to connect and chat with strangers, has shut down after 15 years citing growing misuse of the platform, including in committing “unspeakably heinous crimes.” The site, founded in 2009 by a then 18-year-old programmer and high school student Leif K-Brooks, was bootstrapped throughout its existence. Though it waned […]
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Bob Iger said Wednesday that Disney “would like to stay” in India and is considering its options in the world’s most populous country even as its crown jewel streamer Hotstar struggles to contain subscribers loss. Hotstar lost 2.8 million subscribers in the quarter ending September, widening its overall loss to about 23 million in a […]
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The UK’s newly empowered Internet content regulator has published the first set of draft Codes of Practice under the Online Safety Act (OSA) which became law late last month. More codes will follow but this first set — which is focused on how user-to-user (U2U) services will be expected to respond to different types of illegal […]
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Lyft is introducing a “more affordable sort of higher-end ride” in an attempt to offer ride-hail products that customers actually want, CEO David Risher said Wednesday during the company’s third-quarter earnings call. The move comes after Lyft has been successful, by some metrics, in regaining market share from Uber by slashing its ride-hail fares. In […]
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While the idea of owning rental properties is appealing to many Americans, the ability to vet and afford such investments in single-family homes is out of reach for a large part of the population. mogul club is a new startup that wants to help more people achieve their dreams of becoming a landlord. It’s hardly […]
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Rocket Lab is best known for the Electron launch vehicle but the company’s earnings results continue to show that it is much more than a rocket company. The company reported $68 million in revenue for the third quarter, with $46.3 million of that figure coming from its space systems division. (That’s a 17% revenue increase […]
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In 2021, robotics startups were flying high. Unlike other categories that had buckled under the strains of a global pandemic, interest in automation was at an all-time high, as companies attempted to navigate supply chain issues and ongoing labor shortages. Robotics and automation were insulated from broader investment slowdowns, but eventually, they, too, were impacted. […]
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Lyft’s strategy of slashing ride-hail fares to compete with Uber has resulted in slow and steady gains for the company, but competition remains fierce. According to Lyft’s third-quarter earnings, reported Wednesday, Lyft’s active ridership numbers have increased sequentially quarter-over-quarter this year. In the three months ending September 30, Lyft recorded 22.4 million active riders, up […]
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We’re well past the revelation that automakers are software companies. But as the industry deepens its software roots, firms are still figuring out which upgrades they’ll charge for — and what folks are willing to pay. Subscription fatigue is real; the last thing anybody needs is another recurring charge. It’s even more frustrating when fees […]
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It’s that time of year again when we feel pressured to come up with new and exciting ways to surprise our friends and family with gifts they’ll appreciate. If you’re reading this and are already starting to panic — don’t worry. We’ve compiled a list of ideas that should help alleviate the stress. Subscription boxes […]
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GM self-driving car subsidiary Cruise issued a recall for 950 vehicles equipped with its autonomous vehicle software following a crash that left a pedestrian, who had initially been hit by a human-driven car, stuck under and then dragged by one of the company’s robotaxis. The company said in a blog post and it the recall […]
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Tracy Young Contributor Share on X Tracy Young is the co-founder and CEO of TigerEye, the go-to-market platform that helps companies make strategic decisions and is currently offering early access. More posts by this contributor 5 failure points between $5M and $100M in ARR In December 2018, Autodesk acquired PlanGrid for $875 million. I worked […]
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Meta is facing growing calls to set up a restitution fund for victims of the Tigray war, which Facebook is alleged to have fueled leading to over 600,000 deaths and the displacement of millions others across Ethiopia. Rights group Amnesty International, in a new report, has urged Meta to set up a fund, that will […]
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Facebook parent Meta is teaming up with Hugging Face and European cloud infrastructure company Scaleway to launch a new AI-focused startup program at the Station F startup megacampus in Paris. The underlying goal of the program is to promote a more “open and collaborative” approach to AI development across the French technology world. The timing […]
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