22 Jan 2020

1. Cruise unveils Origin, an electric driverless vehicle designed for sharing Cruise unveiled Tuesday evening a “production-ready” driverless vehicle called Origin, the product of a multi-year collaboration with parent company GM and investor Honda that is designed for a ride-sharing service. The shuttle-like vehicle — branded with Cruise’s trademark…

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13 Jan 2020

1. India’s fast-growing startups cut employee costs Fast-growing internet startups with high cash-burn rates have started downsizing staff — after years of ballooning wage bills — on the back of increased investor scrutiny of their money-guzzling business models. Big-name startups that have handed out pink slips recently or are…

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02 Jan 2020

1. Bike-sharing startup Mobike loses more than 200,000 dockless bikes to theft and vandalism in 2019 Mobike, a Chinese bike-sharing startup which later rebranded as Meituan Bike, announced it lost more than 200,000 bikes to theft and vandalism in 2019. In a blog post published last Friday, Mobike said…

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20 Dec 2019

1. Facebook Acquired a Startup to Build a Live Shopping Feature The acquisition by Facebook wasn’t announced, but the small team is now working on a project for Marketplace, which would let users make purchases while watching live video broadcasts. Facebook tested a similar product a year ago in…

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12 Dec 2019

1. Startup India Fund Of Funds: Govt To Deploy INR 10K Cr By 2025 With the increasing number of startups in the country, the government has planned to disburse the Startup India Fund of Funds much before 2024-25, according to a senior government official. Deepak Bagla, managing director and…

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07 Dec 2019

1. With Hanabi-playing bot, Facebook AI reaches a milestone in cooperative AI Facebook AI, the social media giant’s artificial intelligence research division, announced today that it has met a milestone in the creation of a bot that can play Hanabi, a cooperative card game involving imperfect information, with near-perfect…

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03 Dec 2019

1. Facebook creates a chatbot to help employees deal with criticism Facebook Inc. created a bot called “Liam” to help employees better deflect criticism, the New York Times reported Monday. According to that report, the bot was introduced for the holiday period when staff might return home and have…

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28 Nov 2019

1. This Indian startup is offering a ‘sleep internship’ where you can nap for 9 hours and get paid ₹1 lakh Indian sleep solutions startup that produces mattresses-Wake Wakefit.co has an opening for internships. And it’s a job that you can even do in your sleep literally. The company…

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27 Nov 2019

1. Facebook buys VR studio behind Beat Saber Virtual reality doesn’t have many hit games yet, but Facebook is buying the studio behind one of the platform’s biggest titles. Facebook announced today that it will be buying Beat Games, the game studio behind Beat Saber, a rhythm game that’s…

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26 Nov 2019

1. WhatsApp Invests $250,000 Into Indian Startup Ecosystem The investment will provide 500 startups approved by the Department of Industrial Policy and Promotion (DPIIT) with $500 (roughly Rs. 35,800) each of Facebook ad credits. Facebook-owned WhatsApp on Monday announced to invest $250,000 (roughly Rs. 1.8 crores) worth ad credits…

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