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Day: July 11, 2023

Day: July 11, 2023

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  • Day: July 11, 2023

Twitter blocks links to rival Threads, while CEO downplays reports of traffic decline

Recently hired Twitter CEO Linda Yaccarino is pushing back at reports that Twitter traffic is tanking as a result of the July 5th launch of a new competitor, Instagram Threads, but the company does seem to be concerned about the potential threat posed by Meta’s rival, now topping 100 million users. On Monday, users reported that Twitter seems to be selectively blocking links to Threads.net’s website in Twitter searches, making it more difficult for anyone to surface conversations on Threads or locate users’ profiles. Technologist Andy Baio was among those who noticed the change on Twitter after performing a search

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July 11, 2023 No Comments

Shutterstock expands deal with OpenAI to build generative AI tools

Shutterstock today announced that it plans to expand its existing deal with OpenAI to provide the startup with training data for its AI models. Over the next six years, OpenAI will license data from Shutterstock including images, videos and music as well as any associated metadata. Shutterstock, in turn, will gain “priority access” to OpenAI’s latest tech and new editing capabilities that’ll let Shutterstock customers transform images in Shutterstock’s stock content library. Shutterstock says that, in addition, OpenAI will work with it to bring generative AI capabilities to mobile users through Giphy, the GIF library Shutterstock recently acquired from Meta.

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July 11, 2023 No Comments

Why SUSE is forking Red Hat Enterprise Linux

Today, SUSE announced that it is creating a hard fork of Red Hat Enterprise Linux (RHEL) and that it will develop and maintain an RHEL-compatible distribution. SUSE says that it will invest $10 million into this project over the coming years. One major open source company forking another major open source company’s project is equivalent to going nuclear. But there’s a reason SUSE is doing this now, and that it will likely be championed by many in the open source community. It’s a complicated story. In its early days, open source was a movement — maybe even a religion. For

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July 11, 2023 No Comments

eBay acquires AI-powered product authentication company Certilogo

eBay announced today that it has closed its acquisition of Certilogo, a company that provides AI-powered apparel and fashion goods digital IDs and authentication. The financial terms of the deal were not disclosed. The Milan-based company will continue to be led by CEO Michele Casucci. Certilogo uses digital technology to help brands manage the lifecycle of their garments, while providing consumers a way to confirm authenticity and access reliable information about items. eBay’s acquisition indicates that it’s looking to boost secondhand fashion authentication on its marketplace. “We are excited to welcome the talented Certilogo team to eBay, as they bring

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July 11, 2023 No Comments

The quest for solid-state EV batteries

As we shift away from gas- and diesel-powered engines and toward electrification, a recurring problem comes up: Batteries are heavy, and heavy is the enemy of efficiency. The quest for cheaper, lighter, more efficient, and safer batteries becomes increasingly necessary, and there’s a research rush happening right now. You only have to look at the billions of dollars that car manufacturers — including Ford, Mercedes-Benz, Nissan and VW — have poured into battery-focused research and development to see the destination and the drive. In a nutshell: There’s a lot going on. Movers and shakers on the battery circuit The pursuit

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July 11, 2023 No Comments

Sustainable Ocean Alliance converts its accelerator into a broader ‘Ecopreneur Network’

Startup accelerators are interesting places, but the model of packaging a good idea up and firing it at VCs from a demo day cannon is getting diminishing returns. The Sustainable Ocean Alliance and its own accelerator seem to see this and luckily have grown a community large enough to justify shifting to a new, less rigid model, which it is launching today. The SOA is an advocacy and investment organization aimed at increasing visibility of both ocean issues and the companies being formed to address them. The dozens of startups that have passed through its Ocean Solutions Accelerator have raised

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July 11, 2023 No Comments

Proclaim raises $15M so you can pressure-wash your mouth

We all know the importance of good oral hygiene (you do brush twice a day, don’t you?), but despite its obvious impact on our mouths as well as our overall health, there hasn’t been a whole heap of innovation when it comes to teeth. We brush. We floss. We use interdental tools. We use mouthwash. Proclaim is hoping to change that with its Custom-Jet Oral Health System, and it just raised $15 million in Series B funding to help bring it to the world. “Oral care has not fundamentally changed beyond brushes, picks and manually flossing with string (or water)

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July 11, 2023 No Comments

Sapphire Ventures plans to invest over $1B in enterprise AI startups

VC firm Sapphire Ventures says that it plans to invest more than $1 billion in AI-related enterprise startups, demonstrating the strong appetite among investors for cutting-edge AI tech. Reuters reports that the $1 billion in capital will come from Sapphire’s existing funds, which have $10 billion under management and about $3 billion waiting to the deployed. The majority will be in the form of direct investments in AI startups, while some will go to early-stage AI-focused venture funds through Sapphire’s limited partner fund, Sapphire Partners. Sapphire co-founder and CEO Nino Marakovic says that Sapphire will focus primarily on business-to-business software

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July 11, 2023 No Comments
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