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Gamified e-learning platform Kahoot gets acquired in a $1.7B deal led by Goldman Sachs, Lego and more
Big moves ahead for Kahoot, the Oslo startup that’s built a popular platform for users to create, share and play education-focused “games”, played by billions of students and adults over the years. The company has announced that it is going fully private in an all-cash PE deal at 35 NOK per share, valuing Kahoot at […]
Gamified e-learning platform Kahoot gets acquired in a $1.7B deal led by Goldman Sachs, Lego and more by Ingrid Lunden originally published on TechCrunch
Meta claims its new art-generating model is best-in-class
Over the past two years, AI-powered image generators have become commodified, more or less, thanks to the widespread availability of — and decreasing technical barriers around — the tech. They’ve been deployed by practically every major tech player, including Google and Microsoft, as well as countless startups angling to nab a slice of the increasingly […]
Meta claims its new art-generating model is best-in-class by Kyle Wiggers originally published on TechCrunch
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Meta is blocking EU-based users from accessing Threads via VPN
After multiple EU-based users complained about not being able to access Instagram’s Threads app through VPN, Meta said it is blocking such efforts. The company launched Threads last week, but given privacy concerns around the app, it is not available in the EU. The company said in a statement that it has applied further measures […]
Meta is blocking EU-based users from accessing Threads via VPN by Ivan Mehta originally published on TechCrunch
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LG Electronics plans $39.5B investment to reach $79B in sales by 2030
LG Electronics plans to spend $39.5 billion (50 trillion won) in R&D, facility and strategic investment as it aims to reach $79 billion (100 trillion won) in sales by 2030, up from $51.4 billion (65 trillion won) in 2022. The Korean electronics behemoth, once a major name in the smartphone industry, rolled out its new […]
LG Electronics plans $39.5B investment to reach $79B in sales by 2030 by Kate Park originally published on TechCrunch
Flipkart makes $700 million payout to employees following PhonePe split
Flipkart commenced a $700 million “one-time discretionary” cash payout to employees on Friday, the single-largest such compensation in the Indian startup ecosystem. The Walmart-backed Bengaluru-headquartered startup is compensating employees for the separation of fintech PhonePe from the e-commerce group. The two firms completed a full ownership separation late last year in a deal that was […]
Flipkart makes $700 million payout to employees following PhonePe split by Manish Singh originally published on TechCrunch