Amazon set to launch ‘special store’ for value fashion in India

February 21, 2024

Amazon is preparing to make another attempt to break into India’s fast-growing fashion and lifestyle e-commerce sector, setting up a battle with rival Flipkart, owned by Walmart, Reliance’s Ajio and SoftBank-backed upstart Meesho. The e-commerce giant plans to launch a “special store,” called Bazaar, where it will not levy any “extra charges” to sellers offering […]

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Byju’s says $200 million rights issue that cuts valuation by 99% fully subscribed

February 21, 2024

Byju’s says its recently launched $200 million rights issue has been fully-subscribed, but the startup’s founder urged some of its major investors to participate amid a rift between the edtech group and some of its largest shareholders. The Bengaluru-headquartered startup, valued at $22 billion in its last financing round in early 2022, announced last month […]

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OnePlus took a three-year ‘reflective pause’ before increasing its smartwatch battery

February 20, 2024

It’s 2024. All smartwatches should offer multiple days of battery life, full stop. As things stand now, there’s a jaw-droppingly wide range across the devices. I would go so far as to say that limited battery has been — and continues to be — the single biggest issue with the Apple Watch. The Series 9 […]

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House punts on AI with directionless new task force

February 20, 2024

The House of Representatives has founded a Task Force on artificial intelligence that will “ensure America continues leading in this strategic area,” as Speaker Mike Johnson put it. But the announcement feels more like a punt after years of indecision that show no sign of ending. In a way this task force — chaired by […]

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Zola wants to bring the wedding industry into the 21st century

February 20, 2024

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Shan-Lyn Ma, the co-founder and CEO of Zola, an online platform for wedding planning and gift registries. Ma talked about why she decided to launch the business after trying to buy a gift for a […]

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Decoding the “Soft Landing” Financial Narrative

February 20, 2024
In the financial world, the term “soft landing” is frequently used to depict a situation where the Federal Reserve (Fed) successfully increases interest rates without causing a recession. This narrative…

Florida man buys Cake’s remaining US inventory of electric motorbikes

February 20, 2024

The future of bankrupt electric motorbike startup Cake is still uncertain, but the majority of its U.S. inventory is going to a guy in Florida. Michael Joyce, who runs a retail shop in St. Petersburg called Emoto, tells TechCrunch that he bought all of the Cake Makka and Ösa motorbikes that had been shipped stateside […]

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