To be human is, fundamentally, to be a forecaster. Occasionally a pretty good one. Trying to see the future, whether through the lens of past experience or the logic of cause and effect, has helped us hunt, avoid being hunted, plant crops, forge social bonds, and in general survive in a world that does not…
Many of us have the fantasy of retiring young, of having the financial freedom to choose when and for whom we work. To make this dream a reality, though, you’ll…
Vineet Rao, co-founder and chief executive of Indian social commerce DealShare, has stepped down from the top role, the Tiger Global and Alpha Wave Global-backed startup said Monday. Rao will work with the startup’s board to identify the next chief executive, the Monday statement added. The startup, which did not say why Rao was stepping […]
After weeks of changes to its social handles, branding on its interface, a redirect on the web, and lots of chatter from its owner, Twitter the app has finally changed its name on the App Store to X. The single-letter name may have an exception: Apple typically doesn’t allow developers name their apps as a […]
This article is from The Technocrat, MIT Technology Review’s weekly tech policy newsletter about power, politics, and Silicon Valley. To receive it in your inbox every Friday, sign up here. I recently wrote a short story about a project backed by some major tech and media companies trying to help identify content made or altered by AI. …
Italy’s competition authority has settled a probe of Google focused on data portability after accepting commitments from the tech giant that look set to make it easier for users to take their data elsewhere, the AGCM said today. The watchdog opened the investigation last summer, acting on a complaint by a local company which operates […]
The battle between two of China’s largest e-commerce firms is heating up, as they take the cutthroat tactics that have long been around in the country to the international markets they both covet. Chinese e-commerce deals giant Pinduoduo’s affiliate, Temu, which is aggressively expanding overseas, recently filed a court document in the U.S. accusing fast […]
Social media platform X (formerly known as Twitter) has reinstated the account of Kanye West (who legally goes by Ye) after he was banned last year for posting a picture of Swastika merged with the Star of David. Last December, months after Elon Musk took over the platform, Ye created a tweetstorm by posting a […]
Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in a month and by more than 50% since the original investment in the latest brutal markdown across private markets. The U.S. asset manager valued its holding in Gupshup at $8.08 million at the end of June, down from $10.15 […]
Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. The transaction took place in recent days and Tiger Global, which has cashed most of its Flipkart shares earlier, overall made a return of $3.5 billion on an […]