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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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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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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Founders are inherently optimists, but they should plan for worst-case scenarios so they aren’t blindsided if something does happen.
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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 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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U.S. President Joe Biden has issued an executive order (EO) that seeks to establish “new standards” for AI safety and security, including requirements for companies developing foundation AI models to notify federal government and share results of all safety tests before they’re deployed to the public. The fast-moving generative AI movement, driven by the likes […]
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Detail, a startup with video recording and editing apps for Mac and iPhone, has released a new multiplayer feature that lets users easily record a multi-camera podcast through two iPhones (or iPads) wirelessly. The multiplayer feature, launched as an update to Detail for iOS, also automatically syncs video and audio feeds between two devices to […]
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Shein, the fast fashion giant that has thrived on its nimble supply chain in China, is expanding its product range by scooping up competitors. In a statement released on Monday, the Singapore-headquartered firm announced its acquisition of Missguided, a struggling fashion brand based out of Manchester, U.K., for an undisclosed amount from Fraser Group. This […]
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Web Summit has named a new CEO: Katherine Maher — previously CEO and executive director of the Wikimedia Foundation (between 2019 and 2021). Maher is also chair of the board of the foundation behind the private messaging app, Signal; and holds various other board and fellowship positions — including on the Atlantic Council and the Truman […]
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