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- Daily Tech News: The Sandbox, NIA, Yanolja, Vimeo, Wrtn Technologies, TikTok
Daily Tech News: The Sandbox, NIA, Yanolja, Vimeo, Wrtn Technologies, TikTok
Here are the top stories on Techzi
Silicon Valley Billionaires Rally Behind Trump’s Presidential Bid
Silicon Valley billionaires host Trump fundraiser at Sacks’ mansion.
Event aims to normalize support for the former president.
Donors contribute $12 million, with some tickets costing up to $300,000.
The Sandbox Hits $1B Valuation with $20M Funding Boost
The Sandbox raises $20M, reaches $1B valuation.
The metaverse platform empowers creators to craft and monetize 3D experiences.
Funding will enhance tools and gameplay for its 5.7M users.
Thailand Forges Alliance with Berlin to Boost Startup Expansion
Thailand partners with Berlin to boost local startups’ European expansion.
Berlin’s thriving startup scene attracts Thai innovators.
Networking and investment opportunities abound through ABF’s programs.
Yanolja Gears Up for $400M US IPO, Valuation Soars to $9B
Yanolja prepares for $400M US IPO, targeting $9B valuation.
The South Korean travel app expands globally through acquisitions.
Yanolja ventures into cloud services, posts impressive Q1 2024 profits.
Vimeo Helps Top YouTubers Launch Subscription Platforms
Vimeo OTT helps YouTubers launch subscription platforms.
Creators can monetize content, offering exclusives to paying subscribers.
Converting 1-5% of free subscribers to paid is key to success.
Wrtn Technologies Secures $18M to Fuel AI Super App Expansion
Wrtn Technologies raises $18M for AI super app expansion.
The South Korean startup blends cutting-edge language models.
Wrtn targets Middle East and Southeast Asia, keeping services free.
TikTok Tests Snapchat-Inspired Streaks Feature to Boost Engagement
TikTok tests Snapchat-like streaks feature to boost user engagement and time spent on platform.
Users earn streak badge by DMing someone for 3+ consecutive days.
TikTok aims to evoke similar sentiment as Snapchat’s status symbol streaks.
Why Pushing SAAS Change Can Backfire?
Guest Author: Ken Leaver
Pushing SAAS change backfires 87% of time.
Wise product veterans wait for stakeholders' demand.
Organizations stick with antiquated solutions too long.
Amazon’s Bollywood Bet: Acquiring MX Player for Wider Reach
Amazon acquires key assets of Indian streaming service MX Player in a sub-$100M deal.
The move aims to boost Amazon’s popularity in smaller Indian cities and towns.
Reliance and Disney currently dominate India’s streaming market.
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