December 26, 2024

This international surveillance project aims to protect wheat from deadly diseases

When Dave Hodson walked through wheat fields in Ethiopia in 2010, it seemed as if everything had been painted yellow. A rust fungus was in the process of infecting about one-third of the country’s wheat, and winds had carried its spores far and wide, coating everything in their path. “The fields were completely yellow. You’d…

OpenAI teases an amazing new generative video model called Sora

February 15, 2024
OpenAI has built a striking new generative video model called Sora that can take a short text description and turn it into a detailed, high-definition film clip up to a minute long. Based on four sample videos that OpenAI shared with MIT Technology Review ahead of today’s announcement, the San Francisco-based firm has pushed the…

Jumia reduces losses by over 90% amid focus on restoring order and GMV growth

February 15, 2024

In 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100-120 million in Q1, $90-100 million in Q2, and $80-90 million in Q3, aiming for a 57-61% year-over-year reduction if met. The company exceeded these expectations and significantly outperformed in that regard. It ended the year with $58.2 million in adjusted EBITDA loss, marking a […]

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Cash App takes on Apple with a 4.5% APY for Savings Accounts (with direct deposit)

February 15, 2024

Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few caveats. While Apple’s Savings account […]

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Is Kraft Heinz Q4 Earnings a Buy Signal?

February 15, 2024
While the Kraft Heinz Company (KHC) encountered declining sales in its most recent reported quarter, it is concurrently undertaking proactive measures to enhance its long-term growth prospects. In light of…

Hello is building a platform toward more home robots

February 15, 2024

The road to the home robot is one fraught with peril. The number of success stories it’s delivered can be counted on a single hand. The reasons for this massive disconnect are nuanced and complex — much like the insides of our homes. Twenty-years after the first Roomba arrived, the robot vacuum has begun to […]

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