amazon australian selz 11msopergeekwire Amazon confirms it has acquired Australian e-commerce startup Selz, a Shopify competitor that employs less than 50 people and has raised $11M — Amazon has acquired Selz, a 7-year-old startup that helps entrepreneurs sell products online. The deal signals Amazon’s continued focus … Source Keep visiting inflact.org for the latest news and updates. ...
chinese oriental zhengbloomberg Chinese edtech company New Oriental fired 60,000 workers in 2021 after revenue fell 80%, the biggest layoffs disclosed since China began its tech crackdown — – New Oriental saw an 80% slump in sales, chairman says — It fell victim to far-ranging curbs on after-school education Source Keep visiting inflact.org for the latest news and updates. ...
spruce aibased series 110mdalrymple iiinman Spruce, which uses AI-based title, closing, and escrow services for real estate transactions, raises $60M Series C, bringing its total raised to $110M — The company provides title insurance and escrow services, among other things. Since its founding in 2016, Spruce has raised $110 million Source Keep visiting inflact.org for the latest news and updates. ...
huawei q2 yoy 26b q1 q4 Huawei reports Q2 revenue fell 38% YoY to ~$26B, greater than the 16.5% drop in Q1 and 11.2% drop in Q4, as US sanctions continue to hurt sales — Revenue declines deepen amid U.S. restrictions on chip supply, pressure on buyers — HONG KONG—China’s Huawei Technologies Co. reported … Source Keep visiting inflact.org for the ...
foxconn lens technology luxshare precision south Apple suppliers Foxconn, Lens Technology, and Luxshare Precision roll out hiring incentives as they scramble for workers ahead of iPhone 13 launch — Foxconn is not the only Apple supplier scrambling for new workers – Lens Technology and Luxshare Precision have rolled out similar hiring incentives Apple … Source Keep visiting inflact.org for the latest ...
profile discovery 12m 55k new yorktimes Profile of Discovery+, which has hit 12M paid subscriptions globally and offers a reality TV-focused catalog with 55K episodes, rivaling Netflix in sheer volume Source Keep visiting inflact.org for the latest news and updates. ...
nine covidsafemurchu Nine UK schools to start taking payments for lunches by scanning students’ faces, claiming that the system speeds up queues and is more COVID-safe — Advocates say they speed up queues, but privacy campaigners query whether they are necessary — Facial recognition computers have found … Source Keep visiting inflact.org for the latest news and updates. ...
q4 7.78b yoy 830m Meituan reports Q4 revenue of ~$7.78B, up 31% YoY, and a net loss of ~$830M, amid weakening Chinese consumer spending and regulatory pressures; stock falls 5%+ Source Keep visiting inflact.org for the latest news and updates. ...
2.49t friday apple Microsoft had a nearly $2.49T market cap at close on Friday, passing Apple’s $2.46T market cap to become the world’s most valuable public company — – Microsoft passed Apple in market cap on Friday, making it the world’s most valuable public company. — The move comes after Apple … Source Keep visiting inflact.org for the latest news and ...
shangaibased datagrand series Shangai-based DataGrand, which makes office tools that combine robotic process automation with intelligent document process, raises a $90M Series C — DataGrand, a Shangai, China-based AI and RPA vendor, completed a $90m (RMB 580m) Series C financing. — Backers included CITIC Securities … Source Keep visiting inflact.org for the latest news and updates. ...