Shadowfax stumbled in its market debut, with shares falling as investors weighed concerns about the logistics company’s reliance on some big e-commerce clients. The company raised around ₹19.07 billion (about $208.24 million) in its initial public offering. The stock fell…
ByteDance, the parent company of China’s TikTok, has disbanded establish a separate American entity to open US app operations. This restructuring aims to separate TikTok USA from Chinese parents, addressing data privacy and foreign control issues. The move comes after…
According to Rotation, one of the UK’s most popular peer-to-peer fashion rental platforms, announced on Wednesday a partnership with ride-sharing app Uber. From now until May 31, By Rotation users in the UK can rent clothes from other people in…
The latest wave of AI excitement has brought us an unexpected mascot: the lobster. Clutchpersonal AI assistant, went viral a few weeks after its launch, and will keep the crustacean theme even if it has to rename it to Moltbot…
India could be the next major test case for age-based social media bans, as countries consider Australia-style restrictions on children’s access to platforms amid a growing global regulatory push. The push has begun at the state level, with the western…
Google is rolling out the ability for users to ask questions directly from AI Summary, which is an AI-generated summary at the top of Google Search results. Now users will be able to jump into a conversation back and forth…
Anthropic has doubled the amount of its VC funding, FT report, increasing the target from $10 billion to $20 billion. The round, expected to close soon, will value the company at $350 billion, sources told the FT. Anthropic, maker of…
Palmer Luckey’s eyes light up, and he talks a mile a minute, when discussing the company’s recent recruitment event: AI Grand Prix. This is a drone flying contest with a twist. Instead of humans operating drones, drones should operate autonomously.…
Bluesky’s social network is tease roadmap for the next year, emphasizing the focus on things like Improving the Algorithmic feed of the Discover app, offering users better recommendations on what to follow, giving the app more of a real-time feel,…
TikTok said progress was being made to restore US infrastructure after the unfortunate data center outage, which affected the region shortly after TikTok US deal went through. Last week, TikTok announced the creation of a separate US entity with American…