It’s a tough day for Dataminr, the New York-based big data unicorn last valued at $4.1 billion. TechCrunch has learned that the company — which AI and big data algorithms to provide predictive insights about news and other global events, is laying off about 20% of staff today, or around 150 people. It cites … Read more
Illustration by Aaron Fernandez for The Verge Leftovers often get a bad rap, but this small buffet of lingering Cyber Monday deals is just as appetizing as when the deals were fresh. Black Friday and Cyber Monday brought deep discounts across a manner of tech devices, from phones and wearables to video games and … Read more
Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B investment led by Goldman Sachs with participation from WiL (World Innovation Lab), Altos, NFX, Craft, JP Morgan, American Express and Edenred. The tranche brings Candex’s … Read more
Amazon’s cloud computing subsidiary AWS (Amazon Web Services) has lifted the lid on a new palm-scanning identity service that allows companies to authenticate people when entering physical premises. The announcement comes as part of AWS’s annual Re:Invent conference, which is running in Las Vegas for the duration of this week. Amazon One Enterprise, as … Read more
Meta’s shiny new bid to circumvent European Union privacy rules — by offering users a false choice between paying it a hefty monthly subscription for ad-free versions of Facebook and Instagram or agreeing to give up their privacy rights in exchange for free access to its social networks, meaning they will be tracked and … Read more
Google Drive users have recently been reporting that files and folders have gone missing, with some saying that months worth of data has disappeared from their accounts. Now, Google has acknowledged the issue, saying that it appears to be caused by the Drive for Desktop app, 9to5Google has reported. The issue is pretty alarming, … Read more
French startup Augment has seen the incredible rise of online courses and edtech companies, as well as its potential when it comes to reinventing education at scale. That’s why the startup has been working on highly polished online courses sold as a package. Augment thinks its main program could potentially become an alternative to … Read more
In the ever-evolving landscape of e-commerce, it’s evident that the last decade has witnessed a remarkable expansion. A paradigm shift in consumer shopping habits has transformed how we engage with products and services. From the convenience of online grocery shopping to the experience of trying on apparel within the confines of our homes, the e-commerce … Read more
Following X’s alleged ad controversy involving antisemitic content, it is now Meta’s turn to be put under the spotlight for its content algorithm. According to an experiment conducted by The Wall Street Journal, Instagram’s Reels video service would serve “risqué footage of children as well as overtly sexual adult videos” to test accounts that … Read more
Foxconn plans to invest $1.54 billion in India, the latest in its growing expansion plan, following a surge in revenues in the South Asian market. Foxconn said in a stock exchange filing that the investment will help it fulfil “operational needs.” The investment comes two months after the Taiwanese firm said it plans to … Read more