• Techzi
  • Posts
  • Daily Tech News: Line Man Wongnai, GPT-4o, VNG, Jejakin, Meesho, Leadgen

Daily Tech News: Line Man Wongnai, GPT-4o, VNG, Jejakin, Meesho, Leadgen

May 15, 2024

Here are the top stories on Techzi

Line Man Wongnai Whets Appetite for IPO in 2025

  • Line Man Wongnai eyes IPO in 2025 to propel growth.

  • Valued over $1B, it raised $372M from investors like GIC.

  • Leveraging partnerships and local know-how, it integrates services.

OpenAI Unleashes GPT-4o, the ‘Omni’ AI Powerhouse

  • OpenAI unveils GPT-4o, an AI integrating text, speech and vision.

  • The ChatGPT-powering model enables real-time multimodal interactions.

  • With enhanced multilingual ability, GPT-4o solidifies OpenAI’s AI leadership.

VNG Navigates Challenges, Charts Path for Future Growth

  • VNG posts $298.3M revenue, missing $393.3M target, with $82M losses.

  • Gaming segment shines with 78.7M users, $311.6M bookings.

  • Zalo app grows to 75.8M users.

Gen Z Revives Digital Camera Craze, Embracing Authenticity

  • Gen Z ditches smartphones for $40 vintage digital cameras for night-out photodumps.

  • Unedited, grainy snapshots replace curated feeds, disconnecting from social pressures.

  • Experts view revival as nostalgic retreat savoring authenticity over instant gratification.

Jejakin Secures $2.7M to Combat Climate Crisis in Indonesia

  • Jejakin raises $2.7M to combat climate crisis in Indonesia.

  • The startup helps businesses calculate emissions, implement sustainability initiatives.

  • Jejakin supports Indonesia’s efforts to reduce greenhouse gas emissions.

HDB Unveils New Resale Flat Listing Platform

  • HDB launches new flat listing portal for resale, new units.

  • Platform auto-populates listings, flags overpriced homes for sustainability.

  • Integrated services create one-stop property marketplace for homebuyers.

The Boiling Frog Analogy: Sahil Bloom’s Cautionary Tale

Guest Author: Sahil Bloom

  • Sahil Bloom warns against "Boiling Frog Syndrome" - dangerous habits formed slowly.

  • Small mistakes compound into major issues over time.

  • Perform honest self-assessment to course-correct micro mistakes.

SoftBank’s Vision Funds Bounce Back with $4.6B Annual Gain

  • SoftBank’s Vision Funds rebound with $4.6B annual gain after losses.

  • Arm investment boosts profits despite $369M quarterly loss.

  • Son eyes $100B for AI chip rival to Nvidia.

Meesho Mania, India’s Social Commerce Juggernaut Raises $275M

  • Meesho raises $275M cementing dominance in India’s social commerce.

  • With 150 million users, the $3.9B startup eyes larger $500M+ round.

  • Offering unbranded goods, Meesho caters to value-conscious Indians.

  • Want to try Techzi's Lead Generation Services?

  • We are getting to be ninjas at cold email and landing page funnels

  • No retainer, you just pay for the costs of the ads and per qualified lead.

  • Find out more here.

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


Reply

or to participate.