Media startup Dailyhunt is in advanced stages of talks to acquire the Bengaluru-headquartered social network Koo, two sources familiar with the matter told me. The potential deal under discussion involves a share-swap agreement and could be finalized within weeks, the sources added, requesting anonymity as the matter is private. The deliberation follows Koo, which has […]
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Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue. While up from the same period a year ago, earnings came in below Wall Street expectations and were paired with a disappointing Q1 2024 forecast […]
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A number of major AI services performed poorly in a test of their ability to address questions and concerns about voting and elections. The study found that no model can be completely trusted, but it was bad enough that some got things wrong more often than not. The work was performed by Proof News, a […]
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In one of the VC world’s greatest ironies, investors have lately been clamoring to back startups that are helping other startups shut down. So whether a VC-backed startup is succeeding or shuttering, investors themselves are finding ways to make returns for their limited partners while also helping founders move on more quickly. And with an […]
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Intuitive Machines’ first moon mission will come to a premature end due to the spacecraft landing on its side, which altered how the solar panels are positioned in relation to the sun, the company said in an update Tuesday morning. Flight controllers were still working to determine the battery’s remaining life, which could be between […]
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An organization called Newsmast is introducing a new approach to decentralized social media with the launch of an updated version of its Mastodon mobile app that now integrates content from two servers into one interface — a different approach compared with how Mastodon, the open source Twitter/X alternative, typically works. The idea is to offer […]
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