Instagram introduced its generative AI-powered background editing tool to U.S.-based users Wednesday. Meta’s lead for generative AI Ahmad Al-Dahle posted on Threads saying that the tool will let users change the background…
Tech Crunch – Qogita — a wholesale marketplace for retailers — raises $86M Series B to compete with Ankorstore in Europe
Qogita – a two-sided ecommerce wholesale marketplace aimed at retailers largely in the health and beauty sectors – has raised €80 million ($86 million) in a Series B round led by London’s Dawn…
Tech Crunch – India’s Udaan scores $340 million in new funding
The investment arm of the UK retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e-commerce startup, in one of the largest financing rounds secured by an…
Tech Crunch – Jumia discontinues food delivery across seven markets, shifts focus to expanding physical goods business
Pan-African e-commerce platform Jumia has disclosed its intention to discontinue its food delivery service, Jumia Food. The company said its food delivery business is not aligned with the current operational landscape and…
Tech Crunch – Social commerce platform Maka raises $2.65M to simplify buying fashion and beauty products in Africa
Maka, an African fashion and beauty e-commerce platform, has raised a $2.65 million pre-seed round led by Pan-African venture capital firms 4DX Ventures and Janngo Capital. Other investors include Palm Drive Capital,…
KTSM News – Eastwood football standout Evan Minjarez commits to Army
EL PASO, Texas (KTSM) – Eastwood High School football standout Evan Minjarez established himself as one of the best football talents in the city of El Paso. Minjarez will take his talents…
Tech Crunch – Privacy complaint takes aim at Musk’s X over EU ads targeted on sensitive data
Elon Musk’s X, the social media platform formerly known as Twitter, is facing a new privacy complaint in Europe related to its ad targeting tools. The complaint, which is being lodged with…
KTSM News – Tips on winterizing your home for the season
EL PASO, Texas (KTSM) — Western Electric shared tips on how homeowners can winterize their home for the winter season as it could help them in the long run. According to Western…
Tech Crunch – LineNext secures $140M funding for its web3 service
LineNext, a web3 unit of the Japanese messaging app Line, raised $140 million in its funding led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm in South Korea, to expand…
Tech Crunch – Berlin climate startup ecoworks is using a high tech blend to decarbonize buildings
Berlin-based climate startup ecoworks is using digital technologies, AI and industrial robots to tackle a huge and critical problem: Energy inefficient buildings. Around three-quarters of buildings in Europe are deemed energy inefficient,…