Tech

Sources say Web Summit Ventures will be a new $40M follow-on fund

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Web Summit, one of the world’s largest events centered around technology startups, is to launch a brand new venture capital vehicle consisting of two new funds, TechCrunch understands. The move follows an acrimonious fall-out between Web Summit’s co-founders, who first started the now-defunct Amaranthine VC fund in 2018, in part to join the ballooning investment … Read more

YouTube’s ‘dislike’ and ‘not interested’ buttons barely work, study finds

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Illustration by Alex Castro / The Verge Even when users tell YouTube they aren’t interested in certain types of videos, similar recommendations keep coming, a new study by Mozilla found. Using video recommendations data from more than 20,000 YouTube users, Mozilla researchers found that buttons like “not interested,” “dislike,” “stop recommending channel,” and “remove from … Read more

Apple is raising prices on App Store across multiple countries in Asia and Europe

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Apple announced major price hikes for in-app purchases on App Store in multiple countries across Asia and Europe from October 5. The company said new prices will affect consumers in Chile, Egypt, Japan, Malaysia, Pakistan, Poland, South Korea, Sweden, Vietnam, and all territories that use Euro. While the firm didn’t specify the reason behind this, … Read more

Nigeria’s YC-backed Remedial Health raises $4.4M seed funding

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Early this year, Nigerian health-tech startup Remedial Health announced plans to scale within the West African country digitizing pharmacies and bringing efficiency in the pharmaceutical supply chain after raising seed funding. The YC-backed startup has since February grown its reach from six to 16 states within the populous nation, and plans to cover the remaining … Read more

Meta alumni’s startup TrueFoundry raises $2.3 million to accelerate ML deployments

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A group of former Meta engineers is building a platform to help enterprises deploy machine learning models at the speed of big tech companies. Their startup, TrueFoundry, has raised $2.3 million in a funding round. The San Francisco, California-headquartered startup automates repetitive tasks in the machine learning pipeline to allow data scientists and engineers to … Read more