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Web3 advisor, venture builder and investor Coinsilium Group teamed up with global trade exchange platform LC Lite.
The partnership will see Coinsilium providing strategic advisory services for LC Lite’s upcoming token launch, Proactive Investors reported Tuesday (Feb. 20).
LC Lite, which was acquired this month by Incomlend, a regulated global invoice finance marketplace, aims to provide...
Uber is reportedly considering joining other investors in a funding round for Moove, an African vehicle financing startup.
The funding round could total between $75 million and $100 million and lift Moove’s value from its current $650 million to about $750 million, Bloomberg reported Friday (Feb. 23), citing unnamed sources.
The talks are ongoing and the numbers could change, according to the...
As consumers seek out simple, intuitive online shopping experiences, Mercado Libre is seeing its artificial intelligence (AI) efforts to improve the user journey pay off.
The Latin American eCommerce platform shared in its fourth quarter 2023 financial results, reported Thursday (Feb. 22) that, throughout the fiscal year, the number of items sold rose by 22% year over year. Plus, unique active...
Collaborative commerce firm Crisp, which provides retailers with real-time inventory data, has raised $50 million in a Series B extension round to drive its growth efforts.
Existing investors including Blue Cloud Ventures, FirstMark Capital, Spring Capital and 3L participated in the round, Crisp said in a Thursday (Feb. 22) news release announcing the funding.
The company said the new funding...
Freelancer platform Fiverr says it is thinking long-term about its investments in artificial intelligence (AI).
“All in all, we believe AI will be a multiyear tailwind for us to drive growth and innovation,” CEO Micha Kaufman said in announcing quarterly and yearly earnings Thursday (Feb. 22). “In 2023, we also made significant investments in AI that drove improvements in our overall platform.”...
Venture capital firm S32 named Andy Conrad as general partner.
Conrad brings experience and expertise in technology and advanced data science, having previously held senior roles at Google, S32 said in a Thursday (Feb. 22) press release. He founded Verily Life Sciences (formerly known as Google Life Sciences).
Before his time at Google, Conrad served as the chief scientific officer of Laboratory...
New Department of Labor data shows a drop in initial applications for unemployment in the United States.
Unemployment claims fell by 12,000 to 201,000 for the week ending Feb. 17, the lowest level in more than a month, the department said in a Thursday (Feb. 22) news release.
Also dropping were continuing claims, often seen as an indicator of the number of people getting ongoing unemployment...
Change happens slowly, and then all at once.
And when it comes to business software, we are firmly in the “change happening all at once” phase.
That’s according to NVIDIA CEO and founder Jensen Huang, who on Wednesday (Feb. 21) heralded the start of a new era — that of accelerated computing.
“We have hit a tipping point,” Huang said during his company’s latest financial earnings call.
And he...
Attorney General Merrick B. Garland designated Jonathan Mayer as the Department of Justice‘s first chief science and technology advisor and chief artificial intelligence officer.
The appointment underscores the department’s commitment to staying ahead of the curve in navigating the ever-evolving landscape of technology, according to a Thursday (Feb. 22) press release.
As the chief science and...
Airbnb has expanded its City Portal to more than 430 jurisdictions worldwide over the past three years.
Launched in 2020, the City Portal provides local governments and tourism organizations with insights into the Airbnb landscape and tourism trends in their communities, Airbnb said in a Thursday (Feb. 22) press release.
Continuing to innovate this platform based on feedback, Airbnb has also...