Others

Y Combinator-backed Luca aims to optimize retail prices at enterprise scale

April 27, 2023

Luca, a startup building price planning and prediction tools for retailers, today announced that it closed a $2.5 million seed round led by Menlo Ventures with participation from Y Combinator (Luca was in Y Combinator’s winter 2023 class), Soma Capital and angel investors. Luca was co-founded by Tanvi Surti and Yonah Mann, who worked together […]

Y Combinator-backed Luca aims to optimize retail prices at enterprise scale by Kyle Wiggers originally published on TechCrunch

Instagram and Facebook will force their checkout experience on Shops soon

April 27, 2023

Meta announced today that it will be phasing out onboarding of new Shops without checkout on Facebook and Instagram enabled. Beginning June 5, onboarding of new shops via Commerce Manager and Shopify will only be with checkout on Facebook and Instagram enabled. By August 10, onboarding of new shops via all other partners will only […]

Instagram and Facebook will force their checkout experience on Shops soon by Aisha Malik originally published on TechCrunch

Dropbox lays off 500 employees, 16% of staff, CEO says due to slowing growth and ‘the era of AI’

April 27, 2023

Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs. The company today announced that it would be laying off 16% of its staff, equivalent to about 500 employees, due to slowing growth, and — in the words of CEO Drew Houston — because “the AI era of computing has finally arrived.” […]

Dropbox lays off 500 employees, 16% of staff, CEO says due to slowing growth and ‘the era of AI’ by Ingrid Lunden originally published on TechCrunch