Linda Yaccarino, Twitter’s new CEO, denies that Instagram Threads’ July 5 launch is hurting Twitter traffic. However, Meta’s 100 million-plus user rival appears to worry the company. On Monday, users reported that Twitter appears to be selectively blocking links to Threads.net’s website in Twitter searches, making it harder to find …
Read More »Open-source large language model from China’s search engine pioneer rivals OpenAI
“China needs its own OpenAI,” Sogou founder Wang Xiaochuan tweeted in February. Today, Chinese entrepreneur Baichuan Intelligence launched its next-generation large language model Baichuan-13B. Due to its founder’s history as a computer science prodigy from Tsinghua University and founding Sogou, which Tencent later acquired, Baichuan is considered one of China’s …
Read More »Eight Roads VC leads $30M Series B for freight forwarder Raft
During the pandemic, freight industry digitisation rocketed. Nuvocargo $75 million, Zencargo $66 million, Forto $600 million, and Freightify $14.5 million. All streamline/digitize freight logistics. Freight forwarders and customs brokers had to keep up. Vector.ai, founded in 2017, raised a $15 million A-round led by Bessemer in 2021 to automate these …
Read More »Starlink satellites dodge orbital objects thousands of times a month
As low Earth orbit crowds, Starlink satellites are making thousands of avoidance maneuvers, raising concerns of a catastrophic impact. SpaceX told the FCC in a recent filing that its orbital communication satellites maneuvered over 25,000 times between December 1, 2022, and May 21, 2023. The company said its maneuvering threshold …
Read More »WeChat launches Apple’s online store in China
Tuesday’s Tencent-owned WeChat app announced Apple’s online store. WeChat’s mini-programs, which include e-commerce, financial services, and transportation, have brought the Cupertino company’s store to the app. This store sells iPhones, iPads, Apple Watches, and Macs. As Reuters notes, Apple already has a store on Alibaba’s Tmall retail platform, Tencent’s rival. …
Read More »Celebrity-led learning platform FrontRow closes
Confirmed that FrontRow, an Indian celebrity-focused hobby-learning and community platform, has closed. The three-year-old startup created a community where famous artists and athletes taught consumers. Elevation Capital, Eight Roads Ventures, Lightspeed Venture Partners, and Not Boring Capital backed the $18 million startup. FrontRow co-founder Ishaan Preet Singh told that the …
Read More »JumpCloud resets API keys for “ongoing incident”
JumpCloud reset API keys to protect customers from a security incident. In an email to customers, the directory, identity, and access management giant reported a “ongoing incident” without details. The company said the resets were “out of an abundance of caution” in a support post. Louisville, Colorado-based technology secures cloud …
Read More »Threads won’t be fun, but brands can escape Twitter with them
Twitter may never return. Twitter, the preeminent Twitter of its time, offered a lively, often incoherent mix of paradigm-shifting cultural phenomena (Arab Spring, the Me Too movement, Black Twitter), breaking news, corporate existentialist brand building, tweet-addled U.S. presidents, and hardcore porn. Meta’s Twitter clone Threads just launched, giving us options—maybe …
Read More »Threads doesn’t deserve my FOMO, but here we are
Rest, heart. Do not add another social network, regardless of FOMO. Resisting the latest fad app is harder than expected. Meta (Facebook) is launching Threads, the millionth Twitter clone and Apple’s number-one app, with unusual calm. Instagram is already promoting Threads. Instagram says, “____, ____ and 1 other posted on …
Read More »Threads hits 10M sign-ups in 7 hours
Update : Zuckerberg said Threads reached 10 million signups in seven hours. Four hours after Meta released Threads, 5 million people signed up. The headline now reflects the milestone. Threads, Meta’s Twitter clone, is attracting users on day one. Threads reached 2 million signups in its first two hours on …
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