Snap is not having a good quarter. Following this week’s news that the company was laying off 10% of its workforce, amounting to hundreds of employees, the company’s stock is now crashing after reporting a fourth-quarter earnings miss. The Snapchat maker’s stock dropped by over 30% in after-hours trading as investors reacted to Snap’s underwhelming […]
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Onfido, an early mover in the world of identity verification using computer vision and other AI tools, is getting acquired, TechCrunch has learned and confirmed. Entrust — the privately-held company that provides a range of certification and verification services around payment cards, passwords, network and website access, device access and more — is buying the […]
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Virgin Galactic is working with regulators to investigate an issue with an alignment pin that was discovered after the last crewed suborbital flight in January. During post-flight reviews, Virgin said it discovered that an alignment pin had detached from VMS Eve, the aircraft that carries the suborbital space plane to altitude. The company notified the […]
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The Vision Pro, Apple’s first mixed-reality headset, is undeniably impressive from a technical perspective. It reflects a carefully considered, thoughtful (albeit pricey) approach to AR/VR, while its operating system — visionOS — delivers genuine innovations in the areas of input and interactions. But apps make or break hardware, regardless of how compelling the base experience […]
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Adam Neumann, who co-founded flexible workspace provider WeWork in 2010 and notoriously stepped down nine years later, is attempting to buy the company out of bankruptcy, according to multiple reports. In a letter published by The New York Times today, lawyers for Adam Neumann, his latest startup Flow Global Holdings LLC and “their affiliates” wrote […]
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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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More often than not, it’s rare for crypto native users to have an easy, quick onboarding experience. Farcaster wants to change that.
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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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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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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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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 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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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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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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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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