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Dave Clark, formerly of Amazon and Flexport, just landed $100M for new supply chain venture
<p>Dave Clark has had a roller coaster of a time these past two years. After stepping down in June 2022 as CEO of Amazon’s worldwide consumer division — a role he held for over two decades — Clark relocated to Dallas to join supply chain logistics company Flexport. With a board mandate to prepare Flexport […]</p>
Rahul Patil
Oct 8, 20244 min read
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Amazon closes more of its cashierless convenience stores
<p>Amazon has shut down three more stores featuring its Just Walk Out technology, but the company says it remains committed to building out that technology as an offering for third-party merchants. The e-commerce giant closed three of its Go convenience stores in New York last week, The Information confirmed on Friday, leaving just 17 across […]</p>
Rahul Patil
Oct 4, 20241 min read
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159 employees are leaving Automattic as CEO’s fight with WP Engine escalates
<p>Automattic CEO Matt Mullenweg said on Thursday that 159 employees (roughly 8.4% of staff) accepted a severance package that the company had offered to those who disagreed with his direction of WordPress and his handling of the tussle with web hosting provider WP Engine. In a blog post, Mullenweg said the package offered $30,000 or […]</p>
Rahul Patil
Oct 4, 20243 min read
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159 employees are leaving Automattic as CEO’s fight with WP Engine escalates
<p>Automattic CEO Matt Mullenweg said on Thursday that 159 employees (roughly 8.4% of staff) accepted a severance package that the company had offered to those who disagreed with his direction of WordPress and his handling of the tussle with web hosting provider WP Engine. In a blog post, Mullenweg said the package offered $30,000 or […]</p>
Rahul Patil
Oct 4, 20243 min read
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WP Engine sues WordPress co-creator Mullenweg and Automattic, alleging abuse of power
<p>WP Engine has filed a lawsuit against Automattic, and WordPress co-founder Matt Mullenweg, accusing them of extortion and abuse of power. </p>
Rahul Patil
Oct 3, 20242 min read
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WP Engine sues WordPress co-creator Mullenweg and Automattic, alleging abuse of power
<p>WP Engine has filed a lawsuit against Automattic, and WordPress co-founder Matt Mullenweg, accusing them of extortion and abuse of power. </p>
Rahul Patil
Oct 3, 20242 min read
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Hedosophia leads $7M seed round into retail supply chain AI startup Ameba
<p>Ameba takes the unstructured data in a retailer’s supply chain systems, sprinkles in some generative AI, and makes the whole thing more efficient. </p>
Rahul Patil
Oct 2, 20242 min read
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Hedosophia leads $7M seed round into retail supply chain AI startup Ameba
<p>Ameba takes the unstructured data in a retailer’s supply chain systems, sprinkles in some generative AI, and makes the whole thing more efficient. </p>
Rahul Patil
Oct 2, 20242 min read
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Pinterest rolls out genAI tools for product imagery to advertisers
<p>The new capability, rolling out Tuesday, will help advertisers who want to enhance their Pinterest Product Pins (ads) and attract more clicks, according to Pinterest.</p>
Rahul Patil
Oct 1, 20242 min read
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eBay removes UK seller fees to counter new wave of marketplace startups
<p>E-commerce giant eBay, facing stiff competition from newer rivals, has removed final-value sales fees for all items excluding cars sold domestically in the U.K. This mirrors a similar move the company made in Germany last year and notably puts eBay in line with the likes of Vinted and Depop, two newer arrivals winning business from […]</p>
Rahul Patil
Oct 1, 20243 min read
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Invesco raises its valuation of Swiggy to $13.3B
<p>Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food delivery and quick-commerce startup.</p>
Rahul Patil
Oct 1, 20243 min read
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Invesco raises its valuation of Swiggy to $13.3B
<p>Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food delivery and quick-commerce startup.</p>
Rahul Patil
Oct 1, 20243 min read
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Oasis opts out of Ticketmaster’s dynamic pricing, calling it ‘an unacceptable experience for fans’
<p>When Oasis announced its reunion tour last month, fans of the British rock icons rejoiced — by some miracle, brothers and frontmen Noel and Liam Gallagher managed to resolve their fifteen-year-long feud and got the band back together. But for fans, getting tickets to see Oasis seemed even more unlikely than the band’s reunion. Thanks […]</p>
Rahul Patil
Sep 30, 20243 min read
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Oasis opts out of Ticketmaster’s dynamic pricing, calling it ‘an unacceptable experience for fans’
<p>When Oasis announced its reunion tour last month, fans of the British rock icons rejoiced — by some miracle, brothers and frontmen Noel and Liam Gallagher managed to resolve their fifteen-year-long feud and got the band back together. But for fans, getting tickets to see Oasis seemed even more unlikely than the band’s reunion. Thanks […]</p>
Rahul Patil
Sep 30, 20243 min read
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HungryPanda, a food-ordering app for the Asian diaspora, picks up $55M at a valuation of around $500M
<p>The food-delivery app, founded in London and aimed squarely at Chinese and other Asian consumers living outside their home countries, has picked up $55M. </p>
Rahul Patil
Sep 30, 20245 min read
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Meta lets businesses create ad-embedded chatbots
<p>Meta is now allowing businesses to create ads that, when clicked, bring up a chatbot customers can speak with about common topics.</p>
Rahul Patil
Sep 25, 20241 min read
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Meta lets businesses create ad-embedded chatbots
<p>Meta is now allowing businesses to create ads that, when clicked, bring up a chatbot customers can speak with about common topics.</p>
Rahul Patil
Sep 25, 20241 min read
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Amazon employees beg management to reverse 5-day RTO mandate
<p>Amazon CEO Andy Jassy announced to employees last week that they will be expected to work from the office five days a week, starting in 2025. Employees who have grown accustomed to a hybrid work structure are “strongly dissatisfied,” according to an anonymous survey created by Amazon employees. As Fortune reports, hundreds of employees responded […]</p>
Rahul Patil
Sep 25, 20241 min read
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Amazon employees beg management to reverse 5-day RTO mandate
<p>Amazon CEO Andy Jassy announced to employees last week that they will be expected to work from the office five days a week, starting in 2025. Employees who have grown accustomed to a hybrid work structure are “strongly dissatisfied,” according to an anonymous survey created by Amazon employees. As Fortune reports, hundreds of employees responded […]</p>
Rahul Patil
Sep 25, 20241 min read
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The EU’s 10 biggest antitrust actions on tech
<p>While it’s fair to say the EU’s antitrust tech enforcement outcomes have varied, one lasting legacy is that some of these major cases served as inspiration for the bloc’s Digital Markets Act.</p>
Rahul Patil
Sep 21, 20247 min read
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