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Sarahah, the app that allows users to anonymously comment on other users, is said to have over 18 million users cross Android and iOS. The app, one of the top three downloaded apps on iPhone, allows "honest feedback" and has become a major hit among younger users. The company is under fire after reports that the app is gathering user...
Food quality control expert inspecting at meat specimen in the laboratory.
Lab-grown meat has received $17 million in fresh funding from billionaires, agriculture companies and venture firms. Bill Gates, Microsoft founder, and Richard Branson have invested in Memphis Meats. Cargill and DFJ, a venture capital firm, have also invested in Memphis Meats. The company is working on growing meat in a lab rather than raising animals for slaughter. Memphis Meats has...
Apple, known for being a leader in the mobile phone market, has ambitions that were once a secret effort to bring self-driving cars to the masses. The company considers autonomous vehicles the next "big thing," but their ambitions to enter the self-driving market have seemed to wane in recent years. Apple's CEO Tim Cook stated in June that Apple was...
Amazon's private label business is booming, according to a report from 1010data. From AmazonBasics to Scout + Ro, Amazon devices and Amazon Elements, the company's brands are gaining steam. In the first six months of the year, Amazon's private label businesses accounted for just two percent of all units sold. But the company was able to boost that figure to...
Sarahah, an app created by Zain al-Abidin Tawfiq in Saudi Arabia, provides users with one thing: a text box and the encouragement to "Leave a constructive message." The goal of the app, named after the Arabic word for "honesty," is to have users pour their deepest and most honest thoughts. But the app is now reportedly having server and log-in...
Social media giant Facebook has introduced a new "Watch" tab for original videos produced exclusively by partners. In exchange for creating content exclusively for Facebook, producers will receive 55% of the ad break revenue. Facebook will take 45% of the ad revenue. The Watch tab already features dozens of shows, and the feature will roll out slowly. Users will receive personalized...
Facebook is bringing their "Stories" feature to desktops. The social media company's "stories" features are a clone of Snapchat stories, offering vanishing pictures and videos. Facebook Stories are currently available on the company's app above the newsfeed. Facebook is now introducing the feature on desktops, expanding its use to PC users. Stories will be featured on the right side of the...
Kabbage, a small business loan platform boasting $3.5B in loans and 115,000 customers, has secured a $250 million loan investment from Softbank. The company's platform uses an automated system to help determine the customer's creditworthiness and score. Kabbage plans to use the investment to expand their operations in the United States and launch additional tools and analytics programs to offer...
Facebook, the world's leading social network, reportedly shut down an artificial intelligence (AI) system that the company was working on when the system's bots started to create their own language. The language, not part of the bot's core algorithm, was created from scratch without human involvement. The creation of the language defies the program's codes and forced the company to...
SoundCloud laid-off 173 employees a few week ago, which Internet users rallied around to help connect with potential companies hiring. The support from the Internet led to WeTransfer offering every ex-SoundCloud employee $10,000 to "leave and start something. To leave and start working on the new future of music, whatever that might be." Damian Bradfield, president of WeTransfer, took to...
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