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Threads evaluates newly implemented search filters

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Meta-owned social network Threads is finally testing a “Recent” filter to sort search results by the latest. “We’re starting to test this with a small number of people, so it’s easier to find relevant search results in real-time,” he said in a reply to a user. A user part of the test posted that they could see “Top” and “Recent” filters on the search results screen. They noted that the “Recent” filter isn’t strictly chronological, but it shows the latest posts better than the “Top” filter. Earlier this year, the company accidentally rolled out the option to sort search results by the latest.

Navi, Sachin Bansal’s Fintech Startup, Targets $2B Valuation in Inaugural External Fundraising Round

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Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources familiar with the matter told TechCrunch. The Bengaluru-headquartered startup Navi has been largely self-funded up to now — Bansal owns 97% of the company — and this would be its first large outside fundraise since it was founded in 2018. After a particularly rough 2023 in which overall startup funding fell 73% in the country, this could be a signal that growth stage funding rounds are back on the table. Even if this might become Navi’s first external raise, that doesn’t mean Bansal has not been talking to interested parties.

Mentoring Tomorrow’s Founders: Rediscovering a Traditional American Dream Through Discipulus Ventures

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Scores of accelerator programs run every year with the aim of identifying and cultivating founders in the earliest stages of building a company. Only a fraction seek out founders who are explicitly aligned with some set of values — let alone classically conservative values like family, patriotism and faith. Discipulus Ventures, which kicked off its first 10-person cohort yesterday, is a singular exception. “You can’t say what matters, you can’t say what you think is true, and that’s obviously not going to be good if you want to solve these problems,” he said. The city’s reputation has grown in recent months as a breeding ground for a new type of hard tech founder, one very much like the type Discipulus is trying to attract.

“Accelerating America: A Cohort of Founders Uniting in Gundo with Discipulus Ventures”

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Scores of accelerator programs run every year with the aim of identifying and cultivating founders in the earliest stages of building a company. Only a fraction seek out founders who are explicitly aligned with some set of values — let alone classically conservative values like family, patriotism and faith. Discipulus Ventures, which kicked off its first 10-person cohort yesterday, is a singular exception. “You can’t say what matters, you can’t say what you think is true, and that’s obviously not going to be good if you want to solve these problems,” he said. The city’s reputation has grown in recent months as a breeding ground for a new type of hard tech founder, one very much like the type Discipulus is trying to attract.

“Unveiling Google Play’s New Features: AI-Powered FAQs and the Latest YouTube Videos for Gaming”

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Google announced a bunch of new features for Google Play listings for games including AI-powered FAQs, displaying the latest YouTube videos, new immersive ad formats, and support for native PC game publishing. These announcements were made at the Google Games Developer Summit held at San Fransisco. Play Pass and Play PointsTo drive more in-app purchases, Google is now allowing developers to set discounts for users who have the company’s Play Pass subscription. Support for PC gamesIn the last few years, Google has made its Play Games for PC program available in more than 120 countries. Now, the company is set to allow publishers to put native PC games on the Play Store.

“Databricks Continues Its Impressive Growth with $1.6B in Annual Revenue”

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That’s impressive revenue growth no matter what time period we’re talking about — but especially these days. Those prior disclosures allow us to frame Databricks’ recent growth cleanly. Partially fueled by the rapid ascent of Databricks SQL, Databricks’ growth rate of more than 50% makes it a one-off company in enterprise software growth terms among companies of its size. Among public software companies tracked by the Bessemer Venture Partners’ Cloud Index, the fastest growing public software company today is SentinelOne, which grew at 42% in its most recently reported quarter. That presumes, of course, that its growth rate continues to increase and doesn’t decelerate too much further.

“Massive Job Reduction: Sony to Cut 900 Positions in PlayStation Division”

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Sony is laying off around 900 employees in its PlayStation division, the company announced on Tuesday. The cuts will impact 8% of the division’s global workforce, as Sony becomes the latest company to announce major cuts in recent weeks and months. The layoffs come two weeks after Sony cut its sales forecast for the PlayStation 5 after warning of decreasing demand. Sony isn’t the only company in the gaming business to announce recent job cuts. Last month, Microsoft laid off 1,900 Activision Blizzard and Xbox employees and Unity laid off 25% of its workforce.

Google halts AI system Gemini’s image generation of humans following historical errors

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“While we do this, we’re going to pause the image generation of people and will re-release an improved version soon,” it added. While we do this, we're going to pause the image generation of people and will re-release an improved version soon. https://t.co/SLxYPGoqOZ — Google Communications (@Google_Comms) February 22, 2024Google launched the Gemini image generation tool earlier this month. Gemini’s Al image generation does generate a wide range of people. An earlier AI image classification tool made by Google caused outrage, back in 2015, when it misclassified black men as gorillas.

Dunzo Under Consideration for Acquisition by Flipkart

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Indian e-commerce giant Flipkart has held discussions in recent weeks about potentially acquiring Dunzo, the hyperlocal delivery startup backed by Reliance Retail, three sources familiar with the matter told TechCrunch. The acquisition talks follow a turbulent year at Dunzo, which has been struggling to raise cash and make staff payroll. Flipkart is skeptical about precisely what all it will be able to take over if it were to acquire Dunzo. Reliance Retail, the largest investor in Dunzo, has also not approved the deal. Flipkart and Dunzo didn’t immediately respond to a request for comment Tuesday evening.

Binny Bansal, co-founder of Flipkart, departs from board position

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Flipkart co-founder Binny Bansal has resigned from the e-commerce group’s board, the two said Saturday. Sachin Bansal, the Bengaluru-headquartered startup’s other co-founder, left the board in 2018 after scuffle with the investors. Binny Bansal, who reserved the rights to stay on Flipkart’s board for as long as he preferred, cited conflict of interest with his new venture as the reason for the move. “I am proud of the Flipkart Group’s achievements over the past 16 years. After leaving Flipkart, Sachin Bansal founded Navi, a financial services firm that is looking to go public.