Ehsan Vaghefi, CEO and co-founder of Toku, grew up with a blind father who lost eyesight at the age of four due to congenital glaucoma. As a result of this, his dad was involved with the Blind Foundation in his home country of Iran. Vaghefi says most of his childhood friends were either blind or […]
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After taking over Twitter last year, Elon Musk famously yanked API access from third-party apps and changed API pricing tiers to make it difficult for researchers to access and study the platform’s data. Now the company he’s since renamed X has backtracked in the European Union where legal obligations in the bloc’s Digital Services Act […]
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What price privacy? End-to-end encrypted (E2EE) messaging app Signal has put out an interesting overview of the costs required to develop and maintain its pro-privacy systems which shield user data from tracking by default. The blog post, penned by Signal president Meredith Whittaker and developer Joshua Lund, reveals it’s currently spends around $14 million per […]
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Pricepally, a Nigerian online grocery store for fresh produce and packaged food, has raised $1.3 million seed funding, backed by Samurai Incubate; a Japanese VC that also participated in the startup’s 2021 pre-seed round, SOSV, ELEA, Hi2 Global, Chui Ventures and ex-Unilever executive David Mureithi. Following the new funding, the startup joins a handful of […]
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Instafest, the app which went viral last year before Spotify Wrapped was officially unveiled, now lets you create a music festival poster based on artists that you have in a particular playlist. The app’s developer, Anshay Saboo, has added more themes and customization options as well. Users can create a music festival poster through a […]
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This year will be remembered for a lot of things. Among them could be the growing number of stars in the startup world who were later convicted for defrauding investors. Roughly six months after Theranos founder Elizabeth Holmes headed to jail for four counts of wire fraud, and just two weeks after Sam Bankman-Fried was […]
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India’s central bank has enforced several measures to cool down high growth in consumer credit in a move that will impact consumer spending and many startups in the South Asian market, industry executives said. The Reserve Bank of India raised risk weights on unsecured personal loans, credit card, consumer durable loans by banks and non-banking financial companies […]
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BrightDrop, the commercial EV subsidiary of General Motors that launched in 2021, is being swallowed up by its parent company. GM said Thursday that BrightDrop — a “startup” that spun out of the automaker’s Global Innovation organization to become a wholly owned subsidiary — will become part of GM. BrightDrop CEO Travis Katz, who was […]
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Microsoft’s Ignite 2023 event came with a lot of updates, and AI product reveals and expansions were front and center as the company laid out its updated vision for IT professionals. As our own Devin Coldewey wrote in October, Microsoft CEO Satya Nadella has made it clear that the company is all-in on AI, and […]
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