Tag: amazon
AWS has acquired encrypted messaging service Wickr
Amazon’s cloud services giant Amazon Web Services (AWS) is getting into the encrypted messaging business. The company has just announced that it has acquired secure communications service Wickr — a messaging app that has geared itself towards providing services to government and military groups and enterprises. It claims to be…
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Sneaker marketplace GOAT hits $3.7B valuation in Series F raise
Sneaker and streetwear empire GOAT just doubled its valuation in a massive new raise. The GOAT Group parent company shared today that it has raised $195 million in a Series F raise valuing the fashion giant at some $3.7 billion. The raise was led by a handful of hedge funds…
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AdTech startup Tomi raises Seed funding to make real estate ads perform as well as ecommerce
Industries like real estate, automotive, and financial services have long and offline sales cycles and digital advertising tends not to perform well in these areas. The conversion rates are low and because the real-world assets are offline the temptation of advertisers is to buy leads and clicks, which can inflate…
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Chinese sellers on Amazon in hot demand by VCs and e-commerce roll-ups
Chinese merchants selling on Amazon are having a moment. The scruffy exporters are used to roaming about suburban factory areas and dealing with constant cash flow strain, but suddenly they find themselves having coffee with top Chinese venture capital firms and investment representatives from internet giants, who come with big…
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Twitch suspends two popular female creators over sexy ASMR streams
Popular Twitch streamers Amouranth and Indiefoxx are the two latest casualties of Twitch’s ongoing battle to enforce its own confusing rules around sexually suggestive content. Both creators were suspended following ASMR streams that pushed the bounds of Twitch’s community guidelines forbidding content that isn’t quite sexual in nature but is…
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Perspectives on tackling Big Tech’s market power
The need for markets-focused competition watchdogs and consumer-centric privacy regulators to think outside their respective ‘legal silos’ and find creative ways to work together to tackle the challenge of big tech market power was the impetus for a couple of fascinating panel discussions organized by the Centre for Economic Policy…
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