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What’s the TAM of the 1%?

October 14, 2022

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Before we get into this week’s show notes, some programming items: First up, use code “EQUITY” for a special listener discount for Disrupt tickets. We’re mere days away, and you should come hang out […]

What’s the TAM of the 1%? by Natasha Mascarenhas originally published on TechCrunch

Instagram expands AI-powered age verification program to India and Brazil

October 14, 2022

Instagram, facing scrutiny from safety advocates, started testing a program in the U.S. earlier this year to verify users’ age claiming to be 18 or older. It uses techniques including authentication via running video selfies through an artificial intelligence system. The Meta-owned service is now ready to roll out this program to two key overseas […]

Instagram expands AI-powered age verification program to India and Brazil by Ivan Mehta originally published on TechCrunch

Shein owner fined $1.9M for failing to notify 39M users of data breach

October 14, 2022

A data breach from 2018 is putting Shein under the spotlight as the ultra-fast fashion e-commerce platform continues to conquer Gen-Z markets across the world. Zoetop, the firm that owns Shein and its sister brand Romwe, has been fined $1.9 million by New York for failing to properly handle a security incident, according to a […]

Shein owner fined $1.9M for failing to notify 39M users of data breach by Rita Liao originally published on TechCrunch

Waste4Change is building a circular economy in Indonesia

October 14, 2022

Even the largest landfills in Indonesia are at (or nearing) capacity, and the government has set an ambitious target of 30% waste reduction by 2025. Waste4Change is one of the companies that wants to help by increasing rates of recycling and enabling better waste management. The startup, which currently manages more than 8,000 tons of […]

Waste4Change is building a circular economy in Indonesia by Catherine Shu originally published on TechCrunch

Some new venture firms are so niche that, at first glance, it’s easy to laugh off their focus

October 14, 2022

There are big, overarching top-down trends, and there are little-bitty baby trends that have a way of growing into bigger ones. A big trend right now, for example, centers on certain firms that passed out enormous checks to startup founders in recent years and drove valuations sky high in the process. It turns out this […]

Some new venture firms are so niche that, at first glance, it’s easy to laugh off their focus by Connie Loizos originally published on TechCrunch

Meta files to dismiss FTC complaint over acquisition of VR fitness company Within

October 13, 2022

Meta submitted a request to dismiss the Federal Trade Commission’s complaint about its acquisition of Within. The Los Angeles virtual reality firm makes Supernatural, a rhythm game-turned-workout app that, in our humble opinion, is a legitimately excellent use of VR. It makes sense why Meta wants to absorb the company, but the FTC has raised […]

Meta files to dismiss FTC complaint over acquisition of VR fitness company Within by Amanda Silberling originally published on TechCrunch