London’s Sturgeon Capital launches $35M fund aimed at emerging startups in Central Asia

We reported last year on the launch of a $225 million VC platform from the International Finance Corporation, a member of the World Bank, which would also cover Central... Read more »

Meta updates its avatars with new body shapes, hair and clothing

Meta announced today that it’s introducing new body shapes, improved hair and clothing textures to its avatars. The company also announced that more than one billion avatars have been... Read more »

Y Combinator-backed Luca aims to optimize retail prices at enterprise scale

Luca, a startup building price planning and prediction tools for retailers, today announced that it closed a $2.5 million seed round led by Menlo Ventures with participation from Y... Read more »

Sometimes you need to cut your startup’s school ties

In her presentation at last week’s TechCrunch Early Stage event in Boston, SOSV general partner Pae Wu tossed out the tongue-in-cheek phrase “recovering academic” to describe founders in the... Read more »

Appeals court rules in favor of Meta in antitrust case from State AGs

Meta has won an antitrust lawsuit, under appeal, that pitted the tech giant against dozens of state attorneys general, led by New York. The States alleged Meta had illegally... Read more »

Flipping is much easier than walking

I wrote about half of last week’s Actuator on Wednesday in an empty office at MassRobotics after meeting with an early-stage startup. I’m not ready to tell you about... Read more »

What is this, revenue growth for ants?

It’s earnings season, that time of the quarter when we get to judge how well public tech firms are fulfilling all the lofty promises they’ve been making. So far... Read more »

Pinecone drops $100M investment on $750M valuation, as vector database demand grows

When Pinecone launched a vector database aimed at data scientists in 2021, it was probably ahead of its time. But as the use cases began to take shape last... Read more »

Instagram and Facebook will force their checkout experience on Shops soon

Meta announced today that it will be phasing out onboarding of new Shops without checkout on Facebook and Instagram enabled. Beginning April 24 of next year, Shops without checkout... Read more »

Dropbox lays off 500 employees, 16% of staff, CEO says due to slowing growth and ‘the era of AI’

Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs. The company today announced that it would be laying off 16% of its staff, equivalent to... Read more »
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