Tech
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Herman Narula, co-founder and CEO at Improbable, speaks during a session at the Web Summit in Lisbon.Henrique Casinhas | Sopa...
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FTC and 17 states sue Amazon on antitrust charges
The Federal Trade Commission has filed its long-anticipated antitrust lawsuit against Amazon.In a sweeping complaint filed in federal court in...
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AI chip firm Kneron raises $49 million as it looks to rival Nvidia, with Foxconn among backers
Albert Liu, founder and CEO of Kneron.Harry Murphy | Sportsfile | Getty ImagesKneron, a U.S.-based semiconductor startup, said on Tuesday...
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Carousell says it’s ‘on track’ to profitability, plans to reduce losses this year
Secondhand goods marketplace Carousell expects to "healthily" reduce its losses this year, putting it on track to profitability, the firm's...
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Spotify will use AI to replicate podcasters’ voices and translate them to other languages
Spotify CEO Daniel Ek joins author and comedian Trevor Noah to discuss the future of storytelling at Spotify Beach in...
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Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI
The regulator was concerned with Amazon's dual role as both a marketplace and a competitor to merchants selling on its...
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Indonesia’s EV ambitions could help boost investments in the rest of Southeast Asia
Korean automobile manufacturer Kia displays the electric vehicle "EV6 GT-Line" during the 30th Gaikindo Indonesia International Auto Show in Tangerang...
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Wall Street’s ‘meh’ response to tech IPOs shows Silicon Valley’s valuation problem
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023.Courtesy: NasdaqAfter a 21-month tech IPO freeze, the market has...
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UK regulator says it may clear Microsoft’s new Activision Blizzard takeover offer
Microsoft submitted a new proposal to U.K. regulators for the takeover of American game publisher Activision Blizzard after its initial...
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New York is a tech startup hotbed after almost a decade-long run of IPOs
Olivier Pomel, co-founder and CEO of Datadog, speaks at the company's Dash conference in San Francisco on Aug. 3, 2023.DatadogAlbert...
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