Don't miss these What to make of the Apple Vision Pro? Now that Appleâs new VR headset is finally in the market, exactly what is it good for? TechCrunchâs Brian Heater writes that in âthe headsetâs current iteration, games are not the primary driver. [Instead, the] company instead presented a future wherein the Vision Pro is, in essence, your next Mac.â That makes sense, given that Apple is hardly a gaming juggernaut apart from mobile. AI is accelerating product development: But not in the way you are thinking. Instead, AI technology itself is advancing so quickly that startups are now iterating faster than ever to stay ahead. After noting that SaaS companies could launch some features and wait a bit to release more, Viviana Faga, partner at venture firm Felicis, says that âAI companies launch new features on a daily basis, and those are always the best-performing features.â Do venture and fast fashion mix? Rebeccal Szkutak asks if VCs and fast fashion make for a good pair, noting the ample labor and copyright issues rampant in the sector. She also highlights environmental concerns and the rising trend of ethical consumption. While the business model does make a lot of money in the short-term, she questions whether returns should be the only barometer of a successful investment. Another crack at food waste: Tackling food waste is a perennial problem. Iâve been hearing about the issue and potential solutions my entire life. Hereâs one more: ProducePay wants to give fresh produce growers and buyers greater transparency â and flexibility â in the grocery supply chain. The company will have to contend with some competition in its thrust to reduce waste, though, as Ida, Choco, and Divert are all working towards similar ends. Metaâs fake video policy rapped by Oversight Board: An external body that reviews Metaâs moderation said the companyâs decision regarding an edited video of President Joe Biden was consistent with the platformâs rules, but also mentioned that the relevant policy was âincoherent.â Questions abound as the U.S. heads into a massive election cycle, which will be the first time the general public has wide and cheap access to AI tools that allow for all sorts of video fakery. These policy questions, either at the company or state level, are far from idle. Yandex leaves Russia â at a price: Yandex N.V., the Dutch parent company of the Russian internet company, is selling the last of its stake in its Russia-based business at a massive discount. The $5.2 billion price tag is partially predicated on Russian rules that mandate discounts when selling assets if the seller is from an âunfriendlyâ country. Since Holland is in the EU, well, itâs not on great terms with Russia at the moment. (Note: This rule obviates any EU or North American interest in Russian startups.) What is this, 2021? French startup Naboo just raised $8 million, and is currently seeing GMV of around $1.5 million per month. Itâs a relatively simple concept: The company offers a âmarketplace of nice houses that you can browse and book in just a few clicks for your next corporate retreat with your team.â Thatâs great and very remote-work friendly, but creating a way for companies to spend more money feels very 2021. But the fact that Naboo is doing so well implies that thereâs more money out there than we might have thought. Bullish! |