Reddit sold $203 million worth of contracts to AI companies for access to its data earlier this year.
In the wake of a compression in tech valuations since the implosion of the 2021-era asset bubble, few tech companies have tested public markets.
Early trading results do not always augur a trouble-free public market life, however.
Secondaries investors recently told TechCrunch that they weren’t sure that a successful Reddit IPO would be enough to bring life back into the IPO market in 2024.
But with Astera Lab’s impressive performance yesterday and Reddit’s strong showing today, maybe there will be more life in the IPO market this year than many thought.
“More big partners kept coming and closing with us, pushing to get on our roadmap,” Betesh told TechCrunch.
Coverdash offers small businesses, e-commerce merchants and freelancers the ability to buy business insurance in areas like business owner’s policies, cyber and worker’s compensation.
Businesses then answer a few questions, select a policy and get coverage in minutes.
That comes with some requirements, like having liability insurance for board directors and company officers and other management, Betesh explained.
“It all kind of fell into place really quickly, and in over two weeks, we had offers from multiple firms.
France’s data privacy watchdog, the CNIL, has fined Amazon’s logistics subsidiary in France €32 million, or $35 million at today’s exchange rate.
Again, it’s worth pointing out that the CNIL is listing some data processing wrongdoings.
This isn’t a labor case, it’s a data processing case about illegitimate and excessive monitoring of the warehouse workers.
“As implemented, the processing is considered to be excessively intrusive.”According to the French regulator, Amazon uses this performance data to assess the overall performance of its warehouse workers on a weekly basis.
The company’s first argument is that Amazon isn’t the only company in the logistics industry using a connected warehouse management system.
In addition to speeding up the creation of web3 applications, Alchemy’s new tool also provides developers with a more comprehensive understanding of how the web3 platform works. By providing detailed…
A government watchdog blasted the Department of the Interior’s cybersecurity, revealing they were able to hack thousands of employee user accounts due to lax security policies allowing easily guessable passwords…
