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Daily Tech News: PropertyGuru, EQT, Pinduoduo, Temu, Rippling

August 20, 2024

Here are the top stories on Techzi

PropertyGuru Goes Private in $1.1B EQT Buyout

  • PropertyGuru accepts $1.1B buyout from EQT.

  • The deal takes the company private.

  • It aims for long-term growth without public market pressures.

The New “AI Acquihire” Play

Guest Author: Richard “Richieee“ Armstrong

  • New AI M&A trend emerges.

  • Companies hire key talent and license tech.

  • Regulators scrutinize deals, but investors remain optimistic.

The Rise of Pinduoduo’s Colin Huang

  • Pinduoduo founder Colin Huang becomes China’s richest person.

  • His e-commerce empire includes Pinduoduo and Temu.

  • Huang’s net worth reaches $48.6 billion through innovative online marketplaces.

A Bit of Startup Humor for Today

How Much Skin Do You Have in the Game?

Guest Author: Victoriya Tigipko

  • VC founder stresses GP investment importance.

  • Significant skin in game ensures alignment.

  • Her fund commits 25%, far above industry average.

South Korea’s AI Textbook Plan Sparks Parental Pushback

  • South Korea plans AI textbooks in schools.

  • Parents worry about screen time effects.

  • The government must balance tech innovation and student well-being.

The Engine Accelerator Fuels ‘Tough Tech’ Startups in Cambridge

  • The Engine Accelerator supports tough tech startups in Cambridge

  • It offers specialized equipment and lab space

  • Startups benefit from resources and networking opportunities.

Rockbird Media Unveils 16th HR Leaders and HR Tech Strategy Meeting

Guest Author: Rockbird Media

  • Rockbird Media announces HR tech event.

  • Malaysia's market expects 12% growth.

  • Leaders to discuss human-technology integration strategies.

Rippling CEO Champions Hands-On Leadership Style

  • Parker Conrad runs Rippling hands-on.

  • He uses the product daily.

  • Conrad solves problems by diving deep into operations.

Hollywood’s Digital Resurrection Trend Faces Criticism

  • Actor resurrection trend faces criticism

  • “Alien: Romulus” reignites debate on effectiveness and ethics

  • Critics argue digital ghosts distract from storytelling.

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

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