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Xianyu, Alibaba’s online second-hand goods trading platform that claims to have 500M+ users, is opening its first bricks-and-mortar store in Hangzhou, China (Ben Jiang/South China Morning Post)

    Ben Jiang / South China Morning Post: Xianyu, Alibaba’s online second-hand goods trading platform that claims to have 500M+ users, is opening its first bricks-and-mortar store in Hangzhou, China  —  – Xianyu Recycle Shop is a consignment store, allowing users… Read More »Xianyu, Alibaba’s online second-hand goods trading platform that claims to have 500M+ users, is opening its first bricks-and-mortar store in Hangzhou, China (Ben Jiang/South China Morning Post)

    Data shows African startups raised between $2.9B and $4.1B total in 2023, down from $4.6B to $6.5B in 2022, with Egypt, Kenya, Nigeria, and South Africa leading (TechCrunch)

      TechCrunch: Data shows African startups raised between $2.9B and $4.1B total in 2023, down from $4.6B to $6.5B in 2022, with Egypt, Kenya, Nigeria, and South Africa leading  —  There was considerable debt uptake and regional VC diversification  —  After… Read More »Data shows African startups raised between $2.9B and $4.1B total in 2023, down from $4.6B to $6.5B in 2022, with Egypt, Kenya, Nigeria, and South Africa leading (TechCrunch)

      AiDash, which uses AI to search satellite images to spot fire and weather risks on power lines, raised a $50M Series C led by Lightrock (Peter Henderson/Reuters)

        Peter Henderson / Reuters: AiDash, which uses AI to search satellite images to spot fire and weather risks on power lines, raised a $50M Series C led by Lightrock  —  A California startup using artificial intelligence (AI) and satellites to… Read More »AiDash, which uses AI to search satellite images to spot fire and weather risks on power lines, raised a $50M Series C led by Lightrock (Peter Henderson/Reuters)

        Sources: Jack Ma and Joe Tsai become Alibaba’s largest shareholders after buying shares worth ~$50M and ~$150M, respectively, in Q4, together eclipsing SoftBank (Zhou Xin/South China Morning Post)

          Zhou Xin / South China Morning Post: Sources: Jack Ma and Joe Tsai become Alibaba’s largest shareholders after buying shares worth ~$50M and ~$150M, respectively, in Q4, together eclipsing SoftBank  —  – Ma, who retired as Alibaba’s executive chairman in… Read More »Sources: Jack Ma and Joe Tsai become Alibaba’s largest shareholders after buying shares worth ~$50M and ~$150M, respectively, in Q4, together eclipsing SoftBank (Zhou Xin/South China Morning Post)

          Texas Instruments reports Q4 revenue down 13% YoY to $4.08B, vs. $4.13B est., and FY 2023 sales down ~13% YoY, the company’s biggest fall in over a decade (Ian King/Bloomberg)

            Ian King / Bloomberg: Texas Instruments reports Q4 revenue down 13% YoY to $4.08B, vs. $4.13B est., and FY 2023 sales down ~13% YoY, the company’s biggest fall in over a decade  —  – Slowdown in automotive and industrial chips… Read More »Texas Instruments reports Q4 revenue down 13% YoY to $4.08B, vs. $4.13B est., and FY 2023 sales down ~13% YoY, the company’s biggest fall in over a decade (Ian King/Bloomberg)

            Google unveils a new Gemini-powered chat-based tool in Google Ads to build Search ad campaigns, out in beta to all English language advertisers in the US and UK (Aisha Malik/TechCrunch)

              Aisha Malik / TechCrunch: Google unveils a new Gemini-powered chat-based tool in Google Ads to build Search ad campaigns, out in beta to all English language advertisers in the US and UK  —  Google announced today that Gemini, its family… Read More »Google unveils a new Gemini-powered chat-based tool in Google Ads to build Search ad campaigns, out in beta to all English language advertisers in the US and UK (Aisha Malik/TechCrunch)

              eBay plans to cut ~1,000 roles, or ~9% of full-time employees, and to scale back the contracts it has within its alternate workforce over the coming months (Jonathan Vanian/CNBC)

                Jonathan Vanian / CNBC: eBay plans to cut ~1,000 roles, or ~9% of full-time employees, and to scale back the contracts it has within its alternate workforce over the coming months  —  This is breaking news.  Please check back for… Read More »eBay plans to cut ~1,000 roles, or ~9% of full-time employees, and to scale back the contracts it has within its alternate workforce over the coming months (Jonathan Vanian/CNBC)

                Netflix says user engagement with games on its service tripled in 2023 and Grand Theft Auto has become its most successful launch to date (Pranav Dixit/Engadget)

                  Pranav Dixit / Engadget: Netflix says user engagement with games on its service tripled in 2023 and Grand Theft Auto has become its most successful launch to date  —  The company added the Grand Theft Auto trilogy to its offerings… Read More »Netflix says user engagement with games on its service tripled in 2023 and Grand Theft Auto has become its most successful launch to date (Pranav Dixit/Engadget)

                  SAP plans voluntary buyouts or job changes for 8,000 employees as part of a 2024 restructuring program but says its headcount should remain the same (Jordan Novet/CNBC)

                    Jordan Novet / CNBC: SAP plans voluntary buyouts or job changes for 8,000 employees as part of a 2024 restructuring program but says its headcount should remain the same  —  SAP said in a statement on Tuesday that it plans… Read More »SAP plans voluntary buyouts or job changes for 8,000 employees as part of a 2024 restructuring program but says its headcount should remain the same (Jordan Novet/CNBC)

                    Alleged renders of Google’s Pixel 9 Pro show a ~6.5-inch display, smaller than the Pixel 8 Pro’s, a refreshed camera island with three cameras, and a flat frame (Basith Rahman P P/MySmartPrice)

                      Basith Rahman P P / MySmartPrice: Alleged renders of Google’s Pixel 9 Pro show a ~6.5-inch display, smaller than the Pixel 8 Pro’s, a refreshed camera island with three cameras, and a flat frame  —  The upcoming Google Pixel 9… Read More »Alleged renders of Google’s Pixel 9 Pro show a ~6.5-inch display, smaller than the Pixel 8 Pro’s, a refreshed camera island with three cameras, and a flat frame (Basith Rahman P P/MySmartPrice)

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