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In its first-quarter earnings call, streaming music service Spotify talked in more detail about how AI advances are impacting its business. On the positive side, the company offered an update on the user adoption of its new AI DJ feature, which offers personalized music selections introduced by a realistic-sounding DJ voice powered by AI. But
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The TikTok app, used by more than 150 million Americans, is sending dangerous and depressing content to kids and teens that can cause anxiety and despair. Owned by Chinese internet company ByteDance Ltd., TikTok says it’s making improvements to the feeds, but faces a flood of lawsuits after multiple deaths. Bloomberg’s Olivia Carville wrote “The Big
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Adopting Internet of Things (IoT) tech for the office isn’t easy — especially at enterprise scale. Companies have IoT device administration to worry about, and also building out the infrastructure necessary to keep those devices connected and operational. To make it easier, five former co-workers — Pasi Leipälä, Teemu Vaattovaara, Jyrki Okkonen, Ville Ylläsjarvi and
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ZEBOX, an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea. The APAC hub is backed by Enterprise Singapore, a
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Woodoo, a startup working on alternative materials for various industries, has raised $31 million. The company is manufacturing composite materials based on wood so that they can replace common materials like glass, leather and steel. Around two-thirds of the amount raised is an equity funding round led by Chris Sacca’s Lowercarbon Capital with One Creation,
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The city of San Jose is authorizing development of Glydways’ Personal Rapid Transit network between the airport and the train station — a network of small autonomous cars operating on a separate roadway. Glydways CEO Mark Seeger joins Caroline Hyde to discuss. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the
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Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. This week, I look into cybersecurity sales, developer content marketing, and fundraising pitches through a common lens: The importance of understanding your audience and
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Some users see the chatbot as a way to supplement traditional mental health services, despite troubling privacy implications. Hugging Face AI Chief Ethics Scientist Meg Mitchell joins Caroline Hyde and Bloomberg’s Rachel Metz for her take on this new trend. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full
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Companies collectively spent $61 billion on cloud infrastructure in Q4 2022, and there’s more growth to come. Yet, businesses are poorly protected from losses caused by cloud downtime. “Cloud service providers typically offer service level agreements (SLAs) that outline their commitments to service availability and performance,” AV8 general partner Amir Kabir told TechCrunch+. But while
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Founders Pledge is a London-based charitable initiative, where entrepreneurs enter a legally binding commitment to donate a portion of their personal proceeds on liquidity to charity when they exit. Launched all the way back in 2015 the initiative was designed to help social entrepreneurs build and scale their efforts. The minimum commitment for entrepreneurs is
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Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week we recorded at Early Stage, TechCrunch’s event for founders who are building startups from the ground up. Sadly, our dear friend Natasha Mascarenhas took ill, and we had to lean on
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If someone said “startup” while we were playing a word association game, I’d respond with “fundraising.” (I bet you would, too.) Asking people for money is a key aspect of every founder’s journey, but Techstars Managing Director Collin Wallace says it can also “accelerate your demise.” For example, raising a round to rev up engineering,
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