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Daily Tech News: Apple, Kaspersky, Tiktok Shop, Zepto, Huize, Amazon

Here are the top stories on Techzi

Meta and Apple Team Up on AI

  • Apple partners with OpenAI for AI-powered Siri, explores deal with Meta.

  • Apple Intelligence focuses on practical AI features but delays EU rollout.

  • Privacy concerns addressed by seeking user permission for data sharing.

For Gen Zs, Travel Is a Right… Not a Want.

Guest Author: Darryl Han

  • Gen Z prioritizes travel experiences over costs, often influenced by social media.

  • They plan trips months in advance to maximize adventures.

  • The industry must adapt to these next-gen explorers' shifting preferences.

Uncle Sam Says “Nyet” to Russian Antivirus Software Kaspersky

  • US bans Kaspersky antivirus software, citing national security risks.

  • Sales prohibited from July 20; existing users urged to switch.

  • Kaspersky plans legal challenge; government offers transition support.

TikTok Shop Captures Gen Z Hearts, Ties with Instagram in Social Shopping

  • TikTok Shop ties with Instagram as top social shopping app for Gen Z adults.

  • Millennials and Gen Z aged 18-26 are the most active buyers.

  • TikTok’s recommendation algorithm drives repeat purchases.

Zepto’s Grocery Delivery Empire Expands with $665M Funding Boost

  • Zepto raises $665M, hitting a $3.6B valuation.

  • 75% of stores are EBITDA profitable within six months.

  • Expansion plans include doubling store count and enhancing customer experience.

Huize’s Southeast Asian Insurance Gambit Acquires Vietnamese Startup

  • Huize acquires Vietnamese insurtech Global Care for Southeast Asian expansion.

  • The company targets Indonesia and Philippines next.

  • Huize aims for 30% international revenue within three years.

Streaming Executives Predict a Return to TV’s Roots

  • Streaming execs foresee a return to TV’s ad-supported roots for profitability.

  • Mass-appeal content will dominate, but groundbreaking shows remain vital.

  • Survival requires sports, bundling, mergers, and 200M+ subscribers.

Amazon’s AI Listing Magic Spreads Across Europe: Sellers Rejoice, Regulators Watch Closely

  • Amazon expands AI listing tools to European sellers.

  • Over 30,000 merchants already using the technology.

  • EU regulators scrutinize data privacy and algorithmic transparency concerns.

SiCepat Snags Former Lazada Exec as New COO

  • SiCepat appoints Philippe Auberger, former Lazada Logistics Indonesia CEO, as new COO.

  • The logistics startup recently faced executive turnover and CEO review rumors.

  • SiCepat bets on fresh leadership to navigate challenges in Indonesia’s competitive market.

Did you miss yesterday's daily news show?? Then it’s not too late to check it out now!

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