Listen here or wherever you get your podcasts. Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday episode, when we dig back through the most critical stories and themes from the week. Here’s what Mary Ann and Alex got into: […]
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After adding 15 hours of free audiobooks listening to its subscription plan late last year, Spotify today is introducing a $9.99 per month option that will allow its free users to also access its audiobooks collection. The company announced on Friday its new “Audiobooks Access Tier,” which, similar to the service offered to subscribers, allows […]
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There’s no reputation system in the decentralized world of web3, so it’s hard to figure out which entities and individuals to trust and depend on.
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Everyone has heard of minimum viable products (MVPs), early versions of a future startup’s product that contains precisely what it needs to deliver value — and nothing more. The tricky bit is sorting out what is required in an MVP and what is extraneous. Build too much and the resulting delay to market could limit learning, […]
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Elon Musk sued OpenAI, its co-founders Sam Altman and Greg Brockman and affiliated entities on Thursday, alleging the ChatGPT makers have breached their original contractual agreements by pursuing profits instead of the nonprofit’s founding mission to develop AI that benefits humanity. Musk, an early backer of OpenAI, claims Altman and Brockman convinced him to help […]
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Meta is trying to distance itself from news media-related regulations and payment complexities as it is planning to remove the news tab on Facebook in the U.S. and Australia. The company said today that it will sunset the product in April 2024. Last year, Meta discontinued Facebook News in the UK, Germany, and France saying […]
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Google said on Friday it will start removing apps from its Play Store in India if developers fail to comply with its payment policy, taking a definitive stand weeks after the top Indian court granted the Android-maker with relief. Without naming them, Google said 10 companies in India, including “many well-established ones,” have not paid […]
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Intuitive Machines’ first lunar lander officially lost power today after spending seven days on the moon. The lander made history for being the first American hardware to reach the lunar surface since 1972 and the first privately built spacecraft to land on the moon. But the lander, called Odysseus, will be remembered for another reason: […]
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I’ve seen enough: the prize for the best use of public domain Mickey Mouse goes to the Jacksonville Jumbo Shrimp. For its public domain theme night, the minor league baseball team will wear jerseys made entirely of iconic images that are no longer protected by copyright: Van Gogh’s “Starry Night,” King Kong, and the earliest […]
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The Securities and Exchange Commission has charged bankrupt Lordstown Motors with misleading investors about the sales prospects of its Endurance electric pickup truck. Lordstown has agreed to pay $25.5 million as a result — money that the SEC says will go towards settling a number of pending class action lawsuits against the company. “We allege […]
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Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months. The company says it is trying to find a way to raise that money as it works through a pivot from direct sales to a […]
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A technology company that routes millions of SMS text messages across the world has secured an exposed database that was spilling one-time security codes that may have granted users’ access to their Facebook, Google and TikTok accounts. The Asian technology and internet company YX International manufactures cellular networking equipment and provides SMS text message routing […]
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Listing tasks and to-dos is a very personal process. Some users like apps with intricate features so they can manage their tasks better, but another set of users get irritated exactly by feature overload. That’s why software developer Adam Whitcroft built a dead simple to-do app called Twodos that doesn’t remind you of your pending […]
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Several internet-connected doorbell cameras have a security flaw that allows hackers to take over the camera by just holding down a button, among other issues, according to research by Consumer Reports. On Thursday, the non-profit Consumer Reports published research that detailed four security and privacy flaws in cameras made by EKEN, a company based in […]
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Meta CEO Mark Zuckerberg, who is touring Asia countries this week, said in a meeting with South Korean President Yoon Suk Yeol on Thursday that Meta wants to beef up its cooperation with Samsung Electronics for AI chips to offset geopolitical risk issue in Taiwan, where TSMC, the world’s biggest contract chip manufacturer, is headquartered. […]
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