Away from the premium smartphone feature-utility hyperbole swirling around dynamic islands, mobile devices remain much of a muchness. But ethical mobile brand Fairphone has always done innovation differently — applying attention to supply chain conditions and novel modularity to support repairability and lifespan longevity, with a dual mission to make consumer electronics more ethical and
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Truepill, a platform that helps other companies offer diagnostics, telehealth services and prescriptions, has conducted its fourth layoff of the year. Sources say the layoff impacted around 65% of the existing staff across the engineering, human resources, design, IT and finance teams. The layoff comes around two months after its last round, which impacted about
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Welcome back to Found, where we get the stories behind the startups. When Phil Libin co-founded Evernote he spent tons of money making the perfect working environment with chic offices, a shuttle bus and headphones to block out all of his employees’ distracting co-workers. He’s since seen the work-from-home light and co-founded mmhmm to make working remotely more efficient
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Since E-bike manufacturer Ride1Up closed a $6.5 million Series A led by Ecosystem Integrity Fund, the San Diego-based company has seen steady sales growth since its launch in 2018, especially as consumers switched to ebikes during the pandemic over public transit. Indeeed, last year ebikes reportedly outsold EV and plug-in hybrid automobiles. So it was
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Two and a half years after unveiling Stadia on stage at GDC, the game streaming service is officially done. Subscribers will have access to the games library through January 18 of next year, after which point, it will shut down for good. Google adds in a blog post that it expects to have all refunds
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Financial institutions have struggled to develop their own technologies, hence the rise of neo-banks which used Open Banking regulations to build their own Fintech stacks. That has led to a wave of innovation, and startups have hungrily devoured the opportunities to ‘platformise’ the financial work. The latest is fintech SaaS provider Toqio which has now
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A new letter penned by Senate and House Democrats accuses Amazon of “anticompetitive” practices in its bid to purchase Roomba-maker, iRobot, for $1.7 billion. Massachusetts Senator Elizabeth Warren is leading the charge to convince the Federal Trade Commission to reject the deal, according to a report from Axios. “Rather than compete in a fair marketplace
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Today, Nielsen announced that Roku plans to enable four-screen measurement across desktop, mobile, connected TV, and traditional TV. This is the first time Roku will use the digital methodology, Nielsen One, the data measurement firm’s cross-media measurement tool, which launches in December. In the age of streaming, it’s becoming more challenging for companies to measure
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Regie.ai, a startup using OpenAI’s GPT-3 text-generating system to create sales and marketing content for brands, today announced that it raised $10 million in Series A funding led by Scale Venture Partners with participation from Foundation Capital, South Park Commons, Day One Ventures and prominent angel investors. The fresh investment comes as VCs see a
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Digital mortgage lender Better.com continues to lay off staff, and seemingly in as callous a way as possible. Indeed, whereas most companies try to avoid repeated layoffs, the outfit — which gained notoriety by laying off about 900 employees over Zoom on December 1, 2021 — has since been laying off smaller groups very systematically,
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More signs that the economy is slowing down in Europe, and that costs are going up, are driving merchants and consumers to look for less expensive ways to carry out their everyday business. Today, a startup out of Italy called Satispay — which operates an independent payment network that bypasses big banks and credit companies
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Amazon Alexa will be the foundation of BMW’s next-generation voice assistant, the companies announced Wednesday at Amazon’s annual Devices and Services launch event. The German automaker and Amazon are have had a relationship for years now. BMW started offering the Alexa assistant in select cars starting in 2018 and the partnership has grown from there.
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