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Daily Tech News: MrBeast, Y Combinator, Amazon, Meta, Tiktok, Flipkart, Mark Zuckerberg

September 17, 2024

Is MrBeast Heading for a BuzzFeed-Style Burnout?

  • VC Sam Lessin compares MrBeast's rise to BuzzFeed's trajectory

  • Both built huge audiences through viral content

  • Lessin warns of potential long-term monetization challenges for broad-appeal creators


Microsoft's Gaming Division Trims the Fat Again

  • Microsoft lays off 650 employees from its gaming division

  • Cuts target corporate and support roles post-Activision Blizzard acquisition

  • No game projects or studios will be affected by this round of layoffs

Zuckerberg 2.0: No More Apologies

  • Zuckerberg rebrands image, ends apology era

  • Meta shifts focus beyond social media to tech innovations

  • Focus on AR, VR, and AI projects

Amazon and Flipkart: Caught Red-Handed in India's E-commerce Game?

  • CCI finds Amazon and Flipkart violated competition laws in India

  • Favored sellers received preferential treatment on their platforms

  • Quick-commerce firms pose a growing threat to their market dominance

A Bit of Startup Humor for Today

Tech Giants Join Forces to Combat Online Self-Harm Content

  • Tech giants launch Thrive to combat online self-harm content

  • Program uses content hashes to alert platforms of potential violations

  • Some major players absent from initiative despite widespread criticism

SkorLife Revolutionizes Credit Management Through AI Integration

  • SkorLife integrates AI for better credit management

  • It empowers users through financial control

  • The company focuses on open banking for future growth

Y Combinator Doubles Down on Startup Acceleration

  • Y Combinator increases annual cohorts to four in 2025

  • Total startups remain unchanged

  • More demo days provide enhanced investor-startup interaction opportunities

Ex-FTX CEO Bankman-Fried Challenges Conviction

  • Bankman-Fried appeals fraud conviction, citing judicial bias

  • His lawyers seek a new trial under a different judge

  • The prosecution remains silent on the appeal filing

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

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