Author: techtost.com
Ten years ago, Cowboy Ventures founder Aileen Lee coined the term “unicorn” to describe startups that reached a $1 billion valuation. At the time, there were…
Selkie founder defends use of artificial intelligence in new dress collection amid backlash
When Selkie, o The fashion brand is viral on Instagram and TikTok for its bubbly, extravagant dresses, announces new collections, reception is generally positive. Known for…
TikTok may have been the world’s top app by downloads and consumer spending in 2023, but it wasn’t the top by actual usage. Last year, Facebook…
Apple offers a set of commitments to the EU aimed at settling the Apple Pay antitrust investigation
Apple has offered a series of commitments to competition regulators in the European Union aimed at resolving concerns centered around NFC payments and mobile wallet technology…
Lai Ching-te, who won Taiwan’s presidential election last Saturday, will face a crossroads in the country’s tech industry when he takes office in May. Lai’s administration…
Amazon Prime Video is ending support for local originals in Africa and the Middle East
Amazon Prime Video is said to be scaling back its operations in Africa and the Middle East in a move that will affect teams in the…
The US Federal Trade Commission continued its crackdown on data brokers with a settlement that bars data aggregator InMarket from selling consumers’ precise location data. Texas-based…
Reddit could after all go public this year. Following Circle’s IPO filing and news from a major stock exchange that a number of companies are preparing…
Amazon looks to AI, autonomous vehicles and Asia as $1bn industrial innovation fund evolves
Amazon has spent nearly two years putting an undisclosed portion of its $1 billion industrial innovation fund to work with investments in nearly a dozen U.S.…
General Catalyst, one of the largest US venture capital firms is in talks to acquire an India-focused VC as part of efforts to expand its presence…