Numerous concerns are weighing on the minds of many, whether it’s current global conflicts, climate change or the precarious state of the economy, it is no surprise that the world is grappling with a mental health crisis. Some users have turned to apps to cope with mental health struggles. According to data by Grand View […]
Recipe app and cooking assistant Pestle is turning to AI to make it easier to save recipes from social media — and it’s not using OpenAI’s ChatGPT technology to do so. Instead, Pestle’s latest addition allows you to import recipes directly from Instagram Reels using on-device machine learning to quickly process the recipe and save […]
Lucid Motors delivered 2,394 EVs in the second quarter of 2024, a new record for the company and a positive sign amid its struggle to establish a foothold in the still-growing market for electric vehicles. That number easily clears Lucid’s prior record, which it set in the first quarter of the year when it shipped […]
Berlin-based food delivery giant Delivery Hero has warned investors it may “ultimately” face an antitrust fine of up to €400 million. The development, reported earlier by Reuters, follows unannounced raids by European Union authorities on the offices of Delivery Hero and its Spanish subsidiary Glovo back in November 2023 and July 2022. The EU did […]
Investors are betting on Indian wealthtech startups as a growing middle class turns to diversify investments and startups challenge traditional financial advisors for high-net-worth clients. Premji Invest is in advanced stages of talks to lead a funding round of $30 million to $40 million in Dezerv, an app offering a suite of investment solutions to […]
Lee Edwards, partner at Root VC, has a saying at his firm that “pro rata rights are earned, not given.” That may be a bit of a stretch since pro rata refers to a term that VCs put in their term sheets that gives them the right to buy more shares in a portfolio company […]
The trend of media companies bringing games to their platforms has been unfolding in recent years. In a world where user attention is increasingly competitive and attention spans are dwindling, streaming services and apps are looking for ways to captivate their audience. It makes sense for companies to expand into gaming to retain users on […]
When I attended the MIT Sloan CIO Symposium in May, it struck me that as I listened to CIOs talking about the latest technology — in this case generative AI — I was reminded of another time at the same symposium in around 2010 when the talk was all about the cloud. It was notable […]
It sounds like the latest dispute between Apple and Fortnite-maker Epic Games isn’t over. Epic has been fighting Apple for years over the company’s revenue-sharing requirements in the App Store. While Epic’s antitrust lawsuit against Apple was defeated last year, many of its criticisms were echoed in a different lawsuit filed against Apple in March […]
As deep-pocketed companies like Amazon, Google and Walmart invest in and experiment with drone delivery, a phenomenon reflective of this modern era has emerged. Drones, carrying snacks and other sundries, are being shot out of the sky. Incidents are still rare. However, a recent arrest in Florida, in which a man allegedly shot down a […]