Others

ADIA, Norges among anchor backers in Mamaearth’s $92M raise ahead of IPO

October 30, 2023

Honasa Consumer, the parent firm of skin and personal care brand Mamaearth, has raised about $92 million in an anchor round ahead of its initial public offering starting Tuesday in a major boost to the Indian startup that in many ways is testing the current appetite of the local public markets. A group of over […]

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ChatGPT app revenue shows no signs of slowing, but some other AI apps top it

October 30, 2023

ChatGPT, the AI-powered chatbot from OpenAI, far outpaces all other AI chatbot apps on mobile devices in terms of downloads and is a market leader by revenue, as well. However, it’s surprisingly not the top AI app by revenue — several photo AI apps and even other AI chatbots are actually making more money than […]

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With deadline looming, Broadcom tries to push $61B VMware deal over finish line

October 30, 2023

Broadcom announced its intention to buy VMware for $61 billion in May 2022. After clearing a number of regulatory hurdles including the U.S., UK and European Union, it announced In August that the deal would close today, but this morning the company indicated that there was one more obstacle with reports indicating that Chinese regulators […]

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GM reaches tentative deal with UAW, ending widespread six-week strike

October 30, 2023

The United Autoworkers reached a tentative agreement Monday with General Motors, wrapping up a six-week strike that affected the Big three U.S. automakers and sent nearly 50,000 workers to the picket lines.  The deal, which has yet to be officially announced, came two days after the UAW expanded its strike against GM to its Spring […]

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Japan’s MagicPod takes its no-code testing platform global

October 30, 2023

Tokyo-based MagicPod is a no-code test automation platform for web and mobile apps that, until now, almost exclusively focused on the Japanese market. There, it counts Line, Japan’s most popular messaging app, among its over 500 customers. Today, the company is launching version 1.0 and with that, it is making a push for the global […]

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Governments are getting their AI-regulating boots on

October 30, 2023

We’re looking at a massive earnings week, the Biden administration’s order regarding AI, Web Summit’s new CEO, and more.

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Meta to offer ad-free subscription in Europe in bid to keep tracking other users

October 30, 2023

Meta is to offer an ad-free subscription version of Facebook and Instagram in the European Union, EEA (European Economic Area) and Switzerland, confirming the core of a report in the WSJ earlier this month. The new ad-free subscription will be available from next month, per a Meta blog post. The move follows years of privacy […]

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