Tech

Welcome back to Found, where we get the stories behind the startups. When Phil Libin co-founded Evernote he spent tons of money making the perfect working environment with chic offices, a shuttle bus and headphones to block out all of his employees’ distracting co-workers. He’s since seen the work-from-home light and co-founded mmhmm to make working remotely more efficient
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Disperse, a U.K.-based construction tech company that offers an artificial intelligence (AI)-powered platform to help project managers track work and capture data from building sites, has raised $16 million in funding. Founded out of London in 2015, Disperse effectively creates a digital version of an entire construction site, including visual snapshots that track the progress
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We posted a pair of Apple Watch reviews this time last week. Both the Series 8 and second-gen SE received high marks for their categories — flagship and budget, respectively. Were Apple to stick to those two products, it’s easy to imagine the company maintaining roughly a third of the smartwatch market share it currently
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The growing market for sales tools has given rise to a curious cottage industry: DevOps startups specifically targeting the software used in sales and marketing functions. (Here, “DevOps,” refers to tools that automate processes between software development and IT teams.) It’s become a blossoming sector all its own, with vendors selling DevOps platforms for software
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Days ahead of the Italian general election, the country’s privacy watchdog has sent Facebook’s parent (Meta) an urgent request for information, asking the social media giant to clarify measures it’s taking around Sunday’s election. The risk of election interference via social media continues to be a major concern for regulators after years of rising awareness
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When Nothing was unveiled early last year, founder Carl Pei promised that the hardware startup had a full road map. Early stories about the London-based firm alluded to a pitch deck full of Pokémon characters, each representing a different product in the pipeline. Roughly a year and a half later, Nothing has delivered two major
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The first exclusive “Thursday Night Football” game on Amazon Prime Video was a win for the streaming service, with 15.3 million viewers, the company announced today. Amazon’s successful “TNF” game underscores the value that live sports bring to streaming services. On average, “TNF” games usually earn about 12.84 million viewers across Amazon, Fox and the
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SoftBank, the largest investor in Oyo, has cut the Indian hotel chain’s valuation to $2.7 billion at a time when the startup is months away from going public, a source familiar with the matter said. An Oyo spokesperson said the startup has improved its finances in recent months, and it believes the speculation about a
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French startup Bump has signed a multi-year financing partnership with DIF Capital Partners in order to roll out more charging stations for electric vehicles and double down on growth in general. It is an equity and quasi-equity $180 million deal that will be progressively unlocked from 2022 to 2030. Yesterday, ZePlug also announced a significant
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Meet Nilos, a startup that wants to bridge the gap between crypto wallets and traditional business bank accounts. The company provides a dashboard that displays all your transactions — whether those are fiat transactions or crypto payments. From this platform, you can initiate payments and reconcile operations across multiple accounts. The startup raised a $5.2
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The Peloton Row hasn’t been a particularly well-kept secret over the last couple of years. After long-standing rumors, the connected fitness firm teased the rowing machine in a member’s video back in May. Today it’s finally back with some firm details on the latest major addition to its home fitness offerings. The Row goes up
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After initially disabling the capability, OpenAI today announced that customers with access to DALL-E 2 can upload people’s faces to edit them using the AI-powered image-generating system. Previously, OpenAI only allowed users to work with and share photorealistic faces and banned the uploading of any photo that might depict a real person, including photos of
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There’s never a dull moment in the cryptoverse. Blockchain, DeFi and web3 technologies continue to evolve rapidly in a world of wild extremes. How extreme? Consider these two examples. The Terra ecosystem disappears in a multi-billion-dollar crash-and-burn while traditional investment firm Andreessen Horowitz closes a $4.5 billion crypto megafund. Then you have crypto’s ongoing regulatory
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SoftBank-backed Ola plans to eliminate about 200 jobs across its engineering teams over the next few days, on track to shrink its workforce by over 1,200 this year, as the ride-hailing giant streamlines its operations to improve finances. The company has kickstarted the new wave of layoffs, which affects the engineering teams at its food
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