Technology

Praktis lands $20M to help Indonesian D2C brands handle their supply chains

May 5, 2023

Small to medium-sized enterprises contribute 60% of Indonesia’s gross domestic product. But companies in the D2C space still struggle to compete against bigger brands. Praktis wants to put them on a more level playing field. The startup, which handles everything from raw material purchases to order fulfillment for D2C brands and suppliers, announced today it […]

Praktis lands $20M to help Indonesian D2C brands handle their supply chains by Catherine Shu originally published on TechCrunch

Meta pitches augmented reality to advertisers with new AR Reels Ads and Facebook Stories

May 4, 2023

Augmented reality is coming to Reels Ads and Facebook Stories, Meta announced this afternoon the IAB’s NewFronts as part of its pitch to advertisers. The update allows brands like Sephora, Tiffany & Co., and others to offer more immersive experiences and AR filters when marketing to Meta’s audience, including its younger Gen Z users. The […]

Meta pitches augmented reality to advertisers with new AR Reels Ads and Facebook Stories by Sarah Perez originally published on TechCrunch

Senate Banking chair urges FDIC to look into Tellus, a fintech backed by Andreessen Horowitz

May 4, 2023

Tellus, an Andreessen Horowitz-backed fintech company that claims it can offer people higher yields on their savings balances by using that money to fund certain U.S. single-family-home loans, is under scrutiny by the U.S. government. On May 2, as first reported by Barron’s, U.S. Senator Sherrod Brown, chairman of the Senate Banking, Housing, and Urban Affairs […]

Senate Banking chair urges FDIC to look into Tellus, a fintech backed by Andreessen Horowitz by Mary Ann Azevedo originally published on TechCrunch

Europe’s top court clarifies GDPR compensation and data access rights

May 4, 2023

The European Union’s top court has handed down a couple of notable rulings today in the arena of data protection. One (Case C-300/21) deals with compensation for breaches of the bloc’s General Data Protection Regulation (GDPR); and the second (Case C-487/21) clarifies the nature of information that individuals exercising GDPR rights to obtain a copy […]

Europe’s top court clarifies GDPR compensation and data access rights by Natasha Lomas originally published on TechCrunch