Job cuts at Spotify, markets hurry to buy the stock
Spotify is issuing new layoffs, but this doesn’t necessarily mean bad news for the stock. It is beginning to take on a new rally after analysts boost it
OpenAI hires team behind AI recommendation startup Crossing Minds
Crossing Minds, a startup that provides AI recommendation systems to e-commerce firms, said its team is leaving the company to join OpenAI.
Others
Poppy says ‘I do’ to new capital for digital booking, fulfillment of wedding flowers
Florists use Poppy to create customized wedding floral proposals, with images, and provide on-demand pricing for couples.
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Spade digs into credit card fraud detection intelligence following new capital raise
When a card is swiped or typed, the issuer sends Spade the data in real-time, and that transaction is linked with a verified merchant identity.
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What Should You Value More — An Investor’s Money or Their Experience?
On this episode of “Entrepreneur Elevator Pitch,” a contestant has a very tough decision to make: Take the big money now, or gamble on bigger money later.
iMessage will reportedly get a reprieve from EU’s interoperability regulation
European Union’s Digital Markets Act (DMA) regulation, which will hit tech giants in 2024, will ask large-sized messaging apps to be interoperable with other services. However, Apple’s iMessage might not have to comply with this as the EU tentatively deduced that the service is not popular enough with business users, according to a report by […]
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Sydney-based generative AI art platform Leonardo.Ai raises $31M
Sydney, Australia-based Leonardo.Ai is the one of the latest generative AI startups to raise funding. Today, the AI art production platform for consumers and enterprise users announced a $31 million USD round from investors including Blackbird, Side Stage Ventures, Smash Capital, TIRTA Ventures, Gaorong Capital and Samsung Next. Founded last year, Leonardo.Ai’s founders say that […]
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Titan AI leverages generative AI to streamline mobile game development
Generative AI is attracting a significant level of investment, including in the gaming space. Titan AI, a new mobile games studio, raised over $500,000 in pre-seed funding led by Berkeley SkyDeck. Titan AI joins several other generative AI gaming startups that aim to reduce the cost and speed of creating 2D and 3D content for games. […]
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Sona launches its music streaming platform and marketplace to reward fans for buying ‘digital twins’ of songs
Sona is a new web3 streaming protocol that uses DeFi primitives (decentralized finance basic building blocks) to put the financial power back into artists’ hands with its rewards model, auctions and ad-free streaming. Sona emerged from stealth today, announcing the open beta launch of its first product—Sona Stream, a free music streaming service with zero […]
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VERY Healthy Stock Rotation Underway
The S&P 500 (SPY) is putting the finishing touches on a strong 2023 campaign. This is the 4th straight year the large cap index has outperformed small and mid caps….
X now lets users broadcast community posts to all followers
X, formerly Twitter, is rolling out a new option to let users share their community posts with all followers. This is much like posting a message in a thread to the whole Slack channel. An X engineer announced the feature through a post saying that it is available to users on iOS first and will […]
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