Tuesday, February 6, 2024

Actually, it’s good for Spotify that Joe Rogan’s podcast is no longer exclusive

Spotify renewed its contract with podcaster Joe Rogan this weekend, but with a twist. After almost four years, “The Joe Rogan Experience” is no longer a Spotify-exclusive podcast. This might seem like a concession on Spotify’s part, as exclusive deals have long been a part of the company’s strategy. Early on in Spotify’s quest to […]

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Colossyan uses GenAI to create corporate training videos

Most people don’t watch corporate training videos — or, in cases where the training’s mandatory, don’t give them their full attention. According to a recent poll from Kaltura, the video tech provider, 75% of staffers admit to skimming through training videos, watching them without sound or listening to them while multitasking. So, given that training […]

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Open Source ‘headless commerce’ builder Saleor closes $8M round led by Target Global and Zalando

Saleor — a Poland and U.S.-based startup that develops an open-source headless’ e-commerce platform that developers then use to build online shops — has pulled in an $8 million Seed-extension round led by Target Global (the investors which have previously backed the likes of Revolut and Auto1), and e-commerce giant Zalando. Also participating were SNR […]

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Monday, February 5, 2024

China’s generative video race heats up

On Monday, Tencent, the Chinese internet giant known for its video gaming empire and chat app WeChat, unveiled a new version of its open source video generation model DynamiCrafter on GitHub. It’s a reminder that some of China’s largest tech firms have been quietly ramping up efforts to make a dent in the text- and […]

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Yamaha Motor fuels River’s ambitious electric SUV two-wheeler rollout in India

River, an Indian startup manufacturing electric two-wheelers, has raised $40 million in a funding round led by Japan’s Yamaha Motor as the nearly three-year-old startup looks to increase R&D spending and expand the market presence of its first electric ‘SUV’ two-wheeler in India. The all-equity Series B round also saw participation from startup’s existing investors, […]

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Early-stage UK VC Episode 1 closes $95M third fund

Early stage European venture capital (VC) firm Episode 1 has closed its third fund at £76 million ($95 million), as the London-based investor turns to in-house “data-driven deal sourcing tools” to find the next big thing. Founded in 2013, Episode 1 has a handful of exits to its name from the 70 or so companies […]

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Starship Technologies raises $90M as its sidewalk robots pass 6M deliveries

Sidewalk delivery robots services appear to be stalling left and right, but a pioneer in the concept says it is profitable and has now raised a round of funding to scale up to meet market demand. Starship Technologies, a startup out of Estonia that was an early mover in the delivery robotics space, has picked […]

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Lynk forges ahead with public market debut despite SPAC’s dwindling reserves

Satellite-to-phone connectivity provider Lynk Global will head to the public markets via a merger with a shell company led by former professional baseball player Alex Rodriguez. The two companies confirmed the deal on Monday after announcing a non-binding LOI with Rodriguez’s special purpose acquisition company (SPAC), Slam Corp, in December. According to an investor presentation […]

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UK gov’t touts $100M+ plan to fire up ‘responsible’ AI R&D

The U.K. government is finally publishing its response to an AI regulation consultation it kicked off last March, when it put out a white paper setting out a preference for relying on existing laws and regulators, combined with “context-specific” guidance, to lightly supervise the disruptive high tech sector. The full response is being made available […]

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Happy Valentine’s Day, space fans: Intuitive Machines, SpaceX target moon mission lift off on Feb 14

Intuitive Machines is ready to go to the moon. The company announced Monday that its first lunar lander has completed all final integration milestones and is now encapsulated in SpaceX’s Falcon 9 payload fairing, where it will stay until launch on February 14. The mission launch window opens at 12:57 AM EST; should weather or […]

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Yandex to sell its remaining Russian businesses for $5.2B — half its market value

Yandex N.V., the Dutch parent company of the eponymous Russian internet giant, is selling the last of its remaining Russian businesses at a steep discount, following sanctions imposed in the wake of the Russia’s invasion of Ukraine two years ago. The value of the transaction, which will include the sale of all Yandex N.V. businesses […]

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Samsung chief Jay Y. Lee acquitted in 2015 merger case  

Samsung Electronics executive chairman Jay Y. Lee has been declared not guilty on the charge of stock price manipulation and accounting fraud related to the merger of Samsung affiliates in 2015, a South Korean Court ruled on Monday. In the November hearing, prosecutors had called for Lee to be in jail for five years and a […]

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Sunday, February 4, 2024

How VCs can assess and attract winners in a landscape that’s now crowded with AI startups

Felicis, the 16-year-old Bay Area-based early-stage venture firm, has a reputation for investing globally. Indeed, firm founder Aydin Senkut — who spent a handful of years at Google as a product manager in its earlier days — was born in Turkey and talks often of the hustle he sees in founders around the world. Felicis […]

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