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Day: July 6, 2023

Day: July 6, 2023

15 investors lift the lid on the biggest surprises of H1 2023

The first half of 2023 hasn’t been kind to startups, but venture capital investors weren’t spared migraines either. Some VCs had a tough time of it, with their portfolio companies finding it hard to fundraise, while others dialed back their investment cadence to match the current investment climate. But what would they have done differently if they had a crystal ball? To find out, we asked 15 investors what they found to be the most unexpected trends of the year so far. Rather unsurprisingly, the biggest surprises all seem to be related to AI in some way or the other.

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TikTok launches a music streaming service in Brazil and Indonesia called ‘TikTok Music’

TikTok has already dominated the short-video and social media market, and is now looking to take on Spotify and Apple Music with its latest offering. The company announced today that it’s launching a new subscription-only music streaming service called “TikTok Music” in Brazil and Indonesia. TikTok Music lets users sync the service to their existing TikTok accounts and listen, download and share songs. the service includes the catalogs of major record companies, including Universal Music Group, Warner Music Group and Sony Music. TikTok Music lets you play full versions of viral TikTok songs, discover personalized music recommendations, access lyrics in

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Should you move to a new state for tax savings before selling your startup?

Peyton Carr Contributor Share on Twitter Peyton Carr is a financial adviser to founders, entrepreneurs and their families, helping them with planning and investing. He is a managing director of Keystone Global Partners. More posts by this contributor How much tax will you owe when you sell your company? With a Section 1045 rollover, founders can salvage QSBS before 5 years For company founders and shareholders with an exit on the horizon, this isn’t a myth — a move for tax reasons can make a lot of financial sense. In tech hubs like the Bay Area and New York City,

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Threads won’t be fun — but it will give brands a home away from Twitter

There are many Twitters now, but we may never have another Twitter again. As the eminent Twitter of its time, Twitter served up 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. Now, we’ve got options — maybe too many at this point — and Meta’s newly-launched Twitter clone Threads just opened its doors. People are flooding in, mostly thanks to Meta’s shrewd decision to whisk people over to Threads straight from Instagram. Getting started on Threads is a seamless

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What is Instagram’s Threads app? All your questions answered

In the last few months, Twitter alternatives — new and old — have found an audience willing to try out a new text-based social network. Mastodon, Bluesky, Spill and T2 are some of the social media platforms people are trying out. Now, Meta has stepped into the game with a big launch tied to Instagram. What is Threads? How do you create an account? Threads is Meta’s text-based Twitter rival. It is tied to your Instagram account, so you can create an account by logging in using your Instagram credentials. How is it different from Twitter? Currently, there are no

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India to launch Chandrayaan-3 Moon lander mission on July 14

India will launch its latest Moon lander mission Chandrayaan-3, a follow-on almost four years after the crash of its previous iteration in 2019, on July 14, the country’s space agency has announced. The Indian Space Research Organization (ISRO) will launch the next Chandrayaan (Sanskrit for “moon vehicle”) mission using its Launch Vehicle Mark-III from Satish Dhawan Space Centre in South India’s Sriharikota at 2:35 p.m. IST (2:05 a.m. PDT) on July 14, the space agency said in a tweet posted on Thursday. Codenamed LVM3-M4, the mission will comprise a lander, propulsion module and a rover — which aims to land

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YouTube is experimenting with a new lock screen feature for Premium users

YouTube is currently testing a new feature that allows users to lock their screens to avoid accidentally tapping a button and disrupting the video. The company announced the experiment on its YouTube Experiments page. “Lock Screen” disables touch input, so when users watch a video in full-screen mode, they don’t have to worry about unintentionally pausing, skipping or selecting a suggested video. Users that have access to the test can tap on the gear icon in the top left corner of the screen to turn on the feature. As reported by Cord Cutters News, which first spotted the new lock

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Elon Musk’s Twitter: Everything you need to know, from layoffs to verification

Welcome to Elon Musk’s Twitter, where the rules are made up and the check marks don’t matter. The Tesla and SpaceX CEO first announced his bid to buy Twitter in April 2022, zealously driven to rid the platform of spam bots and protect free speech. “This is just my strong, intuitive sense that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization,” Musk said at a TED conference on the day he made his offer. “I don’t care about the economics at all.” Even for one of the richest men

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More organizations confirm MOVEit-related breaches as hackers claim to publish stolen data

A number of organizations impacted by the mass hacks exploiting a security flaw in the MOVEit file transfer tool, including energy giant Shell and U.S.-based First Merchants Bank, have confirmed that hackers accessed sensitive data. According to Brett Callow, threat analyst at Emsisoft, the widely exploited vulnerability in Progress Software’s MOVEit file transfer service has affected more than 200 organizations since the mass-hacks began last month. He tells TechCrunch there have been at least 33 data breach disclosures so far, taking the total number of affected individuals to more than 17.5 million people. As the number of victims continues to

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