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  • Daily Tech News: Love Bonito, Kindle, Google, Meta, Airbnb, Mistral

Daily Tech News: Love Bonito, Kindle, Google, Meta, Airbnb, Mistral

Love Bonito Cuts Staff, Adjusts Course in Challenging Market

  • Love Bonito lays off 29 employees

  • The fashion retailer previously raised $50 million for expansion

  • This move indicates a strategic shift amid market challenges

Amazon Kindles Go Technicolor with New Colorsoft Model

  • Amazon unveils color Kindle Colorsoft

  • Custom display tech

  • Preorders open October 18th at $280

Google Flights Introduces Budget-Friendly Search Option

  • Google Flights adds "cheapest" tab

  • It finds budget options through creative bookings

  • The feature launches globally within two weeks

Meta Trims Workforce in Strategic Shuffle

  • Meta conducts layoffs across teams

  • High-profile employees affected

  • Company offers reassignments or severance packages

Airbnb Launches Co-Host Network for Property Management

  • Airbnb launches Co-Host Network

  • Experienced hosts offer property management services

  • Platform evolves passive income model

A Bit of Startup Humor for Today

Singapore Tech Scene Shows Resilience Through Q3 2024

  • Singapore startups raised $397M in Q3

  • Late-stage funding saw significant growth this quarter

  • The country ranks fourth in Asia's startup ecosystem

Mistral Shrinks AI, Packs Big Punch

  • Mistral launches mini AI models.

  • They run on phones and laptops

  • The models offer privacy-focused solutions for various applications

Venture Capital in 2024 and Beyond

  • Venture capital shifted focus toward sustainable growth and real unit economics in 2024

  • Investors demanded transparency and profitability over vanity metrics and speculative growth

  • Startups prioritized capital efficiency, product-market fit, and long-term financial sustainability

Instagram’s New Trick: Digital Business Cards for the Gram

  • Instagram launches digital business card feature called profile cards

  • New tool aims to help users market themselves

  • Meta targets Gen Z’s influencer aspirations with easy profile sharing

Google Shops Smart: AI Makeover for Shopping Tab

  • Google supercharges Shopping tab with AI

  • New features include personalized recommendations and AI shopping tips

  • Company aims to compete with TikTok’s growing e-commerce presence

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