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- Daily Tech News: Shein, Golden Gate Ventures, Netflix, Baidu, Sqreem, Osome
Daily Tech News: Shein, Golden Gate Ventures, Netflix, Baidu, Sqreem, Osome
Here are the top stories on Techzi
Inside the Opulent Lives of Google’s Billion-Dollar Founders
Google founders Larry Page and Sergey Brin’s extravagant lifestyle includes historic mansions and superyachts.
They indulge audacious passions like space exploration.
Their $257 billion combined net worth underscores search engine’s staggering success.
Shein considers London IPO amid US-China tensions, chairman says.
The fashion retailer, based in Singapore, filed for a US IPO six months ago.
Shein’s 2023 net profit exceeded $2B despite challenges.
Golden Gate Ventures Launches $100M MENA Fund in Qatar
Golden Gate Ventures launched a $100M MENA fund based in Qatar.
The fund targets sectors like greentech, AI, edtech, fintech, and healthtech.
This marks the Singapore VC firm’s entry into the Middle East region.
Netflix Unveils In-House Ad Tech, Shaking Up the Streaming Landscape
Netflix launches in-house ad tech platform, taking on Google and Amazon.
Strategic move gives Netflix full control over advertising future.
Ad-supported tier boasts 40 million users since launch.
Baidu’s AI Focus Drives Growth Amid Overall Sluggish Performance
Baidu’s AI initiatives drive growth despite sluggish overall performance in Q1 2024.
AI Cloud revenue outpaces total growth.
PaddlePaddle and Ernie position Baidu for generative AI opportunities in China.
Sqreem Acquires TotallyAwesome, Strengthening AI-Powered Youth Marketing
Singapore’s Sqreem Technologies acquires a youth-focused digital ad platform called TotallyAwesome.
The deal combines Sqreem’s AI tech with TotallyAwesome’s user base for youth marketing.
Sqreem aims to navigate ethical youth engagement.
Osome raises $17M in Series B extension amidst challenges.
Startup optimistic about profitability despite layoffs.
Funds to enhance automation, customer service, and marketing.
Sahil Bloom Reveals the Death of Networking and the Rise of Anti-Networking
Guest Author: Sahil Bloom
Sahil Bloom declares networking dead, introduces "anti-networking" principles.
Build genuine relationships in value-aligned rooms, ask engaging questions.
Follow up creatively to foster authentic connections.
Shopify Sues Shopline Over Alleged Storefront Template Copying
Shopify sues Shopline for allegedly copying its storefront template tech.
Lawsuit cites “overwhelming” evidence of unauthorized copying.
Shopline expanded globally before being acquired in 2022.
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