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- Daily Tech News: TikTok, Runchise, Mirxes, Oyo, AWS, Amartha, Galaxis
Daily Tech News: TikTok, Runchise, Mirxes, Oyo, AWS, Amartha, Galaxis
Here are the top stories on Techzi
French Study Advocates for Strict Screen-Time Limits on Kids
French report urges strict screen limits for kids until adulthood.
Recommendations include smartphone ban until 13, social media until 18.
The government aims to shield children from addictive design, overexposure to screens.
I’m Now a Firm Believer of ‘Widening Your Focus’
Guest Author: Ken Leaver
Ken Leaver advocates widening focus, juggling multiple projects simultaneously.
The systematic approach allows for trying various opportunities and then narrowing winners.
Going wide initially enables selecting ideal work and partners.
TikTok Challenges U.S. Ban, Fights for Survival
TikTok sues U.S. over potential nationwide ban, citing rights violations.
App argues government lacks evidence of security risks, divestment unrealistic.
Legal battle escalates tensions around TikTok’s alleged China ties.
Runchise Savors $1M Funding to Spice Up Indonesian F&B Tech
Runchise raises $1M to enhance F&B management solutions for restaurants.
Targets booming $103.8B Indonesian foodservice market growing at 13.4% annually.
Hundreds of brands use its operations tools driven by ML.
Audience First, Capital Later Greg Isenberg’s Unconventional Approach
Guest Author: Greg Isenberg
Greg Isenberg prioritizes building audience before product at Late Checkout.
Social accounts precede product development to validate demand first.
Free communities provide insights to create successful offerings later.
Mirxes Braces for Hong Kong IPO Amid Rising Losses, R&D Spend
Mirxes logs $24.2M revenue amid $70.4M losses ahead of IPO.
Biotech firm ramps R&D spend, eyes massive China screening market.
Strategic investments prepare for revenue mix shift to cancer detection.
Oyo Seeks Funding at Steep Valuation Discount
Oyo negotiates funding at potential 70% valuation discount to $2.5B.
Talks follow failed IPO, SoftBank’s internal $2.7B markdown in 2022.
Investors weigh risks of backing unicorn’s resurgence at fire-sale price.
AWS Doubles Down on Singapore, Unleashing $8.8B for AI Supremacy
AWS unveils $8.8B Singapore investment for cloud infrastructure.
Projected GDP boost of $17.5B, 12,300 local jobs annually.
AWS doubles down on AI development, launches genAI initiatives.
Amartha Eyes ASEAN Microlending Horizons
Indonesian microlender Amartha eyes Southeast Asia expansion opportunities.
Company navigates regulatory tightening by focusing on productive loans.
Amartha secured $285M financing, hints at potential IPO milestone.
Galaxis Rockets Into Web3 Stratosphere, Fueled by $10M Raise
Galaxis secures $10M funding to propel NFT utility.
They offer community management utilizing NFTs as digital memberships.
The company aims to provide real value beyond the Web3 industry.
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