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Walmart sells e-commerce outdoor retailer Moosejaw after acquiring it in 2017

After six years, Walmart sold Moosejaw to Dick’s Sporting Goods. The March closing’s financial terms were not disclosed. Walmart paid $51 million for Moosejaw in February 2017 to improve its e-commerce.Walmart used the transaction to expand into fashion. “Moosejaw joins the Walmart family to increase our assortment and expertise in …

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Spoke AI uses generative AI to filter workplace noise

As generative AI’s fast-unfolding power to supercharge content-creation raises concerns about what automation might mean for free access to quality information online, Berlin-based startup Spoke AI is preparing to apply it in a more bounded (but still noisy) context: Internally, pitching information workers on tools to automatically summarize inbound communications …

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Instagram co-founders launch personalized news app Artifact with new features

Instagram’s co-founders’ personalized news reader, Artifact, is now open to the public without sign-up. Last month, Instagram founders Kevin Systrom and Mike Krieger unveiled their latest venture as an invite-only experience, promising their news app would later include social features like discussing the news with friends. Today’s launch removes Artifact’s …

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A Community Note on a tweet you replied to or retweeted will notify Twitter

Misinformation spreads quickly due to social media amplification. Famous people have tweeted misinformation. Community Notes, Twitter’s crowdsourced fact-checking program, now lets users remove such retweets. Twitter will notify users if Community Notes contributors add context to a tweet they liked, retweeted, or replied to. “This helps give people extra context …

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SignalFire’s founder says his VC firm lost employees who “thought we were too cheap” in previous years

Chris Farmer, a venture capitalist, doesn’t mind being labeled a cheap founder by employees. Farmer’s 10-year-old, seed-stage venture firm SignalFire lost frustrated employees who couldn’t compete for deals when the market was frothy, but holding the line on price appears poised to pay off. For one, SignalFire raised $900 million …

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European VC firms Amadeus and Apex form €80m early-stage “deep tech” fund

Amadeus Capital Partners of the U.K. and Apex Ventures of Austria are forming a deep tech startup fund. The Amadeus Apex Technology Fund has raised €28 million ($30 million) with plans to raise €80 million ($85 million). The fund’s first investment was $1 million in German space startup Okapi-seed Orbits’s …

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