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Fast-growing South African venture FARO raises $6M to source, refurbish and sell surplus clothing
Global fashion brands grapple with excess inventory. ASOS, for instance, had over £1.2 billion of unsold products in 2022. Mostly, these brands avoid reselling in core markets like the UK and the U.S. to prevent market cannibalization. Meanwhile, emerging markets like Africa heavily rely on secondhand clothing imports, but 30% to 40% of these items […]
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OpenAI tests phone number-only ChatGPT signups
OpenAI has begun testing a feature that lets new ChatGPT users sign up with only a phone number — no email required. Thea addition was spotted by software engineer, Tibor Blaho. The feature is currently in beta in the U.S. and India. There are, however, some restrictions. Users who create an account using their number […]
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PowerSchool data breach victims say hackers stole ‘all’ historical student and teacher data
A trove of information on current and former students and teachers was accessed during the December cyberattack, sources say
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Rockfish is helping enterprises leverage synthetic data
For years, Vyas Sekar would call up Muckai Girish, an old friend from undergrad, to talk through potential startup ideas and get Girish’s opinion. The two usually talked through an idea and ended the conversation at that. When Sekar called Girish with an idea involving synthetic data in early 2022, the conversation didn’t just end […]
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Microsoft’s newest Copilot plan for business is pay-as-you-go
Microsoft is launching a pay-as-you-go plan for corporate customers that bundles together several, but not all, of the company’s existing AI-powered productivity features for Microsoft 365. The new plan, Copilot Chat — not to be confused with Microsoft’s Copilot Business Chat or GitHub Copilot Chat — is underpinned by OpenAI’s GPT-4o AI model and lets […]
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LinkedIn adds free AI tools for job hunters and recruiters
If you’ve ever applied or thought of applying for a job via LinkedIn, you’ll know that the experience can be immediately disheartening: Openings that look interesting typically can see hundreds or thousands of applications in a matter of hours — data that LinkedIn, a social network for the world of work, proudly exposes in its […]
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UnitedHealth hid its Change Healthcare data breach notice for months
The ransomware attack on Change Healthcare affected over 100 million Americans, the health giant told regulators.
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