XOi raises $230M, acquires Specifx to expand its tech for field service technicians
Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi […]
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Yahoo is acquiring Instagram co-founders’ AI-powered news startup Artifact
Yahoo is acquiring Artifact, the AI-powered news app from Instagram’s co-founders Kevin Systrom and Mike Krieger, the company announced on Tuesday. The financial terms of the deal were not disclosed. Artifact will no longer operate as a standalone app, and its proprietary AI-powered personalization technology will be integrated across Yahoo, including the Yahoo News app […]
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Modal raises $25M to train corporate workers on data and AI
A few years ago, Darren Shimkus, ex-president of Udemy, had a conversation with Dennis Yang about skills building. Shimkus was of the belief that building skills in the corporate sector was a difficult, but not intractable, challenge — one that could perhaps be solved with the right technology. He brought it up to Yang, who […]
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The Download: inside chipmaking giant ASML, and why Taiwan loves Threads
Why Threads is suddenly popular in Taiwan
Why Trump’s digital media company is different from other money-losing startups
Former president Donald Trump’s digital media company is losing money, and lots of it. But why is that any different from other “startups,” which often struggle to post a profit for years, if they ever do? There are a couple reasons. First, as a recap: Trump Media and Technology Group recently merged with Digital World […]
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