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Day: August 4, 2023

Day: August 4, 2023

Amazon Music teams up with Bandsintown to let fans shop merch from popular artists

Amazon Music announced a new merch integration with concert discovery platform Bandsintown to allow more than 590,000 artists to promote their merchandise on the Bandsintown website and app. Previously, artists could only link their Shopify store. The new merchandise featured on Bandsintown is from the Amazon Music Artist Merch Shop that launched in 2021. The centralized hub offers apparel, CDs, vinyl, accessories, and more from top artists such as Billie Eilish, Olivia Rodrigo, Adele, Blackpink, Luke Combs, Justin Bieber and Doja Cat, among others. Amazon Music recently collaborated with artists Fall Out Boy and Beyoncé, who will both have their

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Nikola CEO steps down, replaced by chairman

EV truck maker Nikola Corp said Friday that president CEO Michael Lohscheller is leaving the top executive positions due to a family health issue. He will be replaced by board chairman Steve Girsky, a former GM board member and the CEO of the special purpose acquisition company that merged with Nikola to make it a publicly company. Lohscheller has decided to step down due to a family health matter and will be returning to Europe, the company said in a statement. He will remain at Nikola in an advisory capacity through the end of September, according to Nikola. “The Board

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Spotify introduces new product to help software development teams with with A/B testing

Spotify is introducing a new commercial product for software development teams called “Confidence,” which is based on its homegrown experimentation platform. Confidence is designed to make it easy for teams to set up, run, coordinate, and analyze their own user tests so they can quickly optimize their ideas. Confidence is currently only available as a private beta. “Spotify’s data scientists and engineers have been developing and honing our product testing methods for years.” the company wrote in a blog post. “Whether it’s automatically coordinating simultaneous A/B tests or orchestrating the rollout of an AI recommendation system across mobile, desktop, and

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AWS revenue growth dropped to 12% in Q2, but company remains optimistic about cloud biz

Amazon has seen AWS growth rates dropping substantially over the last three quarters from 20% to 16% to 12% this quarter. That’s not the kind of trend any company wants to see, but especially for a division like AWS, which has been a growth driver for Amazon over the years. Still, Amazon CEO Andy Jassy believes that the company might have turned the corner in its cloud business, while putting those results into context. “While customers have continued to optimize [their cloud spend] during the second quarter, we’ve started seeing more customers shift their focus toward driving innovation and bringing

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Israel cybersecurity agency says no breach after senior official self-infects home PC with malware

Israel’s National Cybersecurity Directorate said there was “no breach” of its network after passwords belonging to a senior agency official were stolen from their home computer earlier this year and published online. A security researcher, who asked not to be named, told TechCrunch that they recently found the INCD official’s stolen credentials posted in mid-June in a public Telegram group known for sharing caches of passwords, crypto wallet keys, and other sensitive data stolen from computers infected with the RedLine password stealing malware. TechCrunch has seen the public Telegram post containing the cache, which was advertised as a nondescript archive

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The US could learn a lot from how the UK is crafting DEI policy for venture capital

The U.K.’s Treasury Select Committee last month released a report on the diversity — or lack thereof — of the nation’s venture ecosystem. Black founders there receive less than 0.4% of all venture capital, and women founders receive around 2%, the report found. The report called such dismal stats “unacceptable.” Venture capital firms are dominated overwhelmingly by white men and the receipts of venture capital funding are even more unrepresentative of the wider U.K. population in terms of gender and ethnicity. While there have been some improvements, it is happening far too slowly and affecting rapid change should be viewed

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Even as cloud growth continues to slow, market remains robust in Q2 at $65B

Cloud growth has been slowing for a number of reasons this year. Some of it has to do with macroeconomic headwinds causing customers to look to cut their cloud bills, some of it has to do with a maturing market, which comes with an inevitable decline in growth. With the Big 3 cloud vendors — Amazon, Microsoft and Google — reporting Q2 revenues, the quarter showed signs of life, even as AWS growth dropped to 12%. Even with that decline, Synergy Research reports that Amazon, per usual, remains the market leader with little change in its market share numbers, maintaining

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Last week to save on passes to TechCrunch Disrupt 2023

A big heads-up and a hearty shoutout to all you savvy startup shoppers, budget-minded founders and tech enthusiasts who love to hang on to your money. You have just one week left to save on passes to TechCrunch Disrupt. Beat the price hike on passes to TechCrunch Disrupt 2023 Buy your Disrupt pass before regular pricing ends on Friday, August 11 at 11:59 p.m. PDT. Avoid the late-registration price hike and keep up to $600 in your wallet. That’s a nice slice of cheddar, friends. We always say that Disrupt is the startup world’s big tent, and you simply won’t

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6 startup founders gaze into a future-of-work crystal ball

The excitement around remote work reached fever pitch during the pandemic, when most people with an office job were forced to work from home. This opened up conversations about what the future of work looks like, with a lot of attention paid to remote and hybrid models as well as how employees can maintain an acceptable work-life balance. But as the world returns to “normal,” what does the future of work look like from where we are today? To find out, we spoke with six founders who are working in relevant sectors. The founders shared a broad set of opinions

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