[ad_1] Marlon Nichols took the stage at AfroTech last week to discuss the importance of building relationships when it comes to entering into a new market. “One of the first things you do when you go to a new market is you’ve got to meet the new players,” he said. “Like, what do people need? … Read more
[ad_1] Following Donald Trump’s election victory, thousands of bettors now anticipate a potential $450 million payout from online betting sites, says Reuters. As Trump’s odds surged on so-called prediction markets near the end of the race, platforms like Kalshi and Polymarket gained attention for diverging sharply from traditional polls, which suggested a much closer race. … Read more
[ad_1] The European Union’s flagship market contestability regulation has been in force on a handful of tech giants for months. Since March, the bloc has had open investigations on several gatekeepers. But it’s Apple that will face the first Digital Markets Act (DMA) fine, Bloomberg reports, citing people familiar with the case. Apple’s App Store … Read more
[ad_1] Amazon is extending the availability of its AI-enabled shopping assistant, Rufus, to more markets in Europe and the Americas. The ecommerce giant has been widely considered to be playing catchup with its Big Tech brethren in the AI sphere, particularly against the backdrop of the generative AI hype these past couple of years. Rufus … Read more
[ad_1] Rental car startup Kyte, which bills itself as the “best alternative to Hertz,” is pulling out of almost all of its major markets in the United States and has cut its workforce roughly in half in a bid to survive after exploring a sale earlier this year. The company is shrinking its operations to … Read more