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Tech News

  • Posted on November 30, 2023

As Temu shakes up global ecommerce, PDD nears overtaking Alibaba

PDD, the firm behind the fast-growing shopping app Temu, is shaking up China’s Big Tech club. On Thursday, news of Alibaba’s market cap sliding under that of PDD made headlines all over the Chinese internet. This

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  • Posted on November 30, 2023

Tragic accident spurs Amazon safety reevaluation

A devastating event unfolded in May at an Amazon distribution center in Fort Wayne, Indiana. The incident led to the death of 20-year-old employee Caes Gruesbeck, who was tragically caught in the machinery while

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  • Posted on November 30, 2023

Israel combats militant financing via cryptocurrency

Israel has been actively fighting against the financing of Iran-supported militant groups like Hamas and Hezbollah. A new aspect of this continuous battle is the rising popularity of the cryptocurrency network,

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  • Posted on November 30, 2023

It’s official: Evernote will restrict free users to 50 notes

Days after Evernote started testing a free plan with access to only one notebook and 50 notes with limited users, the company has now made this its new default free plan. The notetaking app said that this change

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  • Posted on November 30, 2023

Robinhood brings its stock-trading platform to the U.K., its first international market

We knew it was coming, but stock-trading platform Robinhood is finally open for business in the U.K. — its first international market since debuting in the U.S. more than a decade ago. Robinhood is granting early

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  • Posted on November 30, 2023

European consumer groups band together to fight Meta’s self-serving ad-free sub — branding it ‘unfair’ and ‘illegal’

Days after a privacy complaint was lodged against Meta in the European Union over its latest controversial shift of legal basis claimed for processing people’s data for ads, consumer groups across the region are

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  • Posted on November 30, 2023

Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industry

In Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for that include the lack of localized

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  • Posted on November 30, 2023

Sam Altman’s officially back at OpenAI — and the board gains a Microsoft observer

Sam Altman is officially back as OpenAI’s CEO after a tumultuous week and change. And OpenAI officially has a new board of directors, replacing most of the board that attempted to oust Altman in the days leading up

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  • Posted on November 30, 2023

SpaceX acquires parachute company for $2.2M – because it turns out space-rated parachutes are very hard

SpaceX is known for its vertical integration, but one component it’s been outsourcing is parachutes – until earlier this month, when the company quietly acquired parachute vendor Pioneer Aerospace after its parent

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  • Posted on November 30, 2023

Elon Musk says ‘go fuck yourself’ to advertisers leaving X

Your move, Linda. Elon Musk said “go fuck yourself” to advertisers who recently paused spending on X after he endorsed an antisemitic conspiracy theory on the platform. On stage at the DealBook conference, Andrew

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