VNV Global, a Swedish investment firm that backs startups in mobility, health and marketplaces, slashed the value of its holding in Wasoko, an African B2B e-commerce startup, by 48%, according to its annual report for 2023. In its annual report, VNV set Wasoko’s fair value at […]
Category: Food
Amazon fined in Poland for dark pattern design tricks
Amazon has been fined in Poland for misleading consumers about the conclusion of sales contracts on its online marketplace. The sanction, of close to $8M (or in local currency: PLN 31,850,141), also calls out the e-commerce giant for deceptive design elements which may inject a […]
The FTC might sue TikTok over its handling of users’ privacy and security
TikTok, already fighting a proposed law that could lead to a ban of the app in the United States, may soon also find itself in the crosshairs of the Federal Trade Commission. The FTC is close to wrapping up a multiyear investigation into the company, […]
Activeloop nets $11M to give enterprises a better way to leverage multimodal data for AI
Activeloop claims its Deep Lake can create AI applications at a cost up to 75% lower than market offerings while increasing engineering teams’ productivity by up to five-fold.
Meet Uzbekistan’s first unicorn: e-commerce startup Uzum
Uzum, an e-commerce startup offering online shopping, fintech and food deliveries to millions of customers in Uzbekistan, has raised $114 million in funding, becoming the country’s first unicorn with a valuation of $1.16 billion. Uzbekistan is fertile ground for startups, given the fact that people […]
Canva acquires Affinity to fill the Adobe-sized holes in its design suite
Affinity’s professional design software could give Canva the edge it needs to seriously compete against Adobe. | Image: Canva Web-based design platform Canva has acquired the Affinity creative software suite, positioning itself as a challenger to Adobe’s grip over the digital design industry. Canva announced […]
It’s almost time for T-Mobile customers to claim their free year of MLB.TV
T-Mobile’s annual deal for baseball fans is back. From Tuesday through Sunday, the carrier’s customers can claim a free yearlong subscription to MLB.TV for live and on-demand streaming access to the entire Major League Baseball season. This is the ninth straight year T-Mobile has offered […]
The 4 best air fryers for 2024, tested and reviewed
Much like the ubiquitous Instant Pot that trended before them, air fryers can be a useful addition to your kitchen. While they excel at making things super crispy without excess oil, many of them are true multicookers with different cooking modes like bake, broil and […]
Apple, Meta, and Google targeted by EU in DMA non-compliance investigations
Cath Virginia / The Verge The European Commission is opening five non-compliance investigations into how Apple, Google, and Meta are complying with its new Digital Markets Act antitrust rules, the regulator announced today. “We suspect that the suggested solutions put forward by the three companies […]
Samsung is throwing in a free 65-inch 4K TV when you pre-order one of its new 2024 TVs
Samsung announced pricing and availability details for its 2024 TV lineup on Thursday, and it’s rolled out a fairly unique deal to entice pre-orders: If you order one of its latest sets between now and April 11, it’ll throw in a bonus 65-inch 4K TV […]