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Joao Correia Contributor Joao Correia has a long background in IT system administration, where he learned the intricacies of keeping enterprise stakeholders happy and systems protected. Nobody likes it when Big Tech changes its mind. It’s particularly frustrating when it involves a major course change on something so essential to technology infrastructure as a server
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Instagram earlier this year said it would explore the idea of creator subscriptions and was later spotted developing a feature that would offer exclusive Stories that were only visible to a creator’s subscriptions. Now, it seems, the company is poised to launch creator subscriptions into broader testing. According to two third-party app intelligence services, Instagram
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Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., plans to raise as much as $8.4 billion in an initial public offering that could give it a value of as much as $53 billion. Ed Ludlow reports on “Bloomberg The Open.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest
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H2O.ai — a startup that has developed an open-source framework as well as proprietary apps that make it easier for any kind of enterprise to build and operate artificial intelligence-based services — has seen a surge of interest as AI applications have become more ubiquitous, and enterprises beyond tech companies want to get in on
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Airbnb Inc. Chief Executive Officer Brian Chesky discusses the company’s outlook and strategy. The vacation-rental giant reported record sales and earnings that beat analysts’ estimates, proving its resilience even as the delta variant of Covid-19 prompted new travel concerns and restrictions. Chesky speaks with Emily Chang on “Bloomberg Daybreak: Asia.” ——– Like this video? Subscribe to Bloomberg
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The global meat substitute market was valued at $4.51 billion two years ago and is expected to double by 2027, attracting startups, like alternative meat food tech company AKUA, that aim to solidify a prominent place in the up-and-coming industry. Former technology journalist Courtney Boyd Myers co-founded AKUA with Matthew Lebo, who was an adviser
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This week’s top story is located at the crossroads of growth marketing and software development. Usage-based pricing (UBP) for SaaS services is becoming more popular as companies of every type automate their processes, but one important result of the shift is that companies that adopt UBP see a return on their customer acquisition costs much
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Much of our days are built around digital experiences, and companies are increasingly looking for ways to unlock conversion and optimize fraud screening. Today, a startup that has built a real-time behavioral analytics tool is announcing funding as it sees demand for its services increase. Neuro-ID, an analytics platform capturing real-time customer behavior at scale
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HashiCorp filed go public this week, becoming the latest addition to our growing roster of expected fourth-quarter IPOs. The cloud infrastructure unicorn presents an interesting mix of open source and proprietary code, with recurring revenues and a nascent hosted product. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get
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A former upstart Instagram rival is suing Meta, formerly known as Facebook, over allegations that the company violated antitrust laws by cloning a competing product and ultimately killing its business. The app, Phhhoto, launched in 2014, inviting users to create and share short GIF-like videos. If that sounds familiar, that’s because the same functionality was
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Shared electric micromobility giant Lime has closed a $523 million raise in convertible debt and term loan financing, money that Lime CEO Wayne Ting says is the next step on the company’s path to going public next year. Lime will use the capital to invest in its decarbonization efforts, refresh a significant portion of its
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Helion Energy, a clean energy company committed to creating a new era of plentiful, zero-carbon electricity from fusion, today announced the close of its $0.5 billion Series E, with an additional $1.7 billion of commitments tied to specific milestones. The round was led by Sam Altman, CEO of OpenAI and former president of Y Combinator.
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