Meta has lost a claim in its legal battle with an Israeli tech firm, Bright Data, which it sued last year for scraping data from Facebook and Instagram via the web. The tech giant, which has a long history of suing data scraping businesses, claimed that Bright Data’s data harvesting was a violation of its […]
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Swedish fintech company Klarna announced today its first subscription plan, “Klarna Plus,” for $7.99 per month, featuring benefits like no added service fees when using Klarna’s One Time Card, double rewards points and access to exclusive discounts with popular brands. The company also has a new welcome offer for subscribers, saving them $8 on their […]
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Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our startup-focused, Wednesday episode, so today we’re counting down important venture rounds, and chatting our way through other startup and VC news. Here’s what […]
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TikTok is coming for YouTube. The company has been spotted testing the ability for users to upload 30-minute videos, signaling a significant move away from the short-form video format that made it popular. Social media consultant Matt Navarra spotted the new option in the iOS beta version of the app in the U.K. Navarra told […]
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Deeploi, an “IT-as-a-service” startup for SMEs, has raised $6.5 million in a seed round of funding led by European VC Atomico. The one-year-old German startup serves to help companies reduce the friction and, ultimately, productivity loss that arises from a sub-par IT setup — particularly those that lack the resources for a dedicated IT department. […]
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India’s Meesho is rapidly gaining user traction, challenging entrenched leaders Flipkart and Amazon. The Bengaluru-headquartered startup, which operates a social commerce platform, is currently at a GMV run rate of over $5 billion and its eponymous app grew 32% year-over-year in December 2023, far outpacing Flipkart’s 21% growth and Amazon’s 13% user growth over the […]
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When Anomalo’s co-founders left Instacart in 2018, they thought they could put machine learning to work to solve data quality problems inherent in large data sets. Five years later, the company’s idea is even more relevant as data quality takes center stage with large language models. Today, the startup announced a $33 million Series B, […]
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Businesses are moving faster than ever to use generative AI and bring it to both their employees and users. Moving fast and security don’t always go hand-in-hand, though, so it’s only now that many businesses are waking up to the potential security concerns related to using generative AI. Israel-based Prompt Security wants to help organizations […]
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