Re-commerce marketplace Soum gets $18M backing to scale in MENA
The global re-commerce market is poised for growth as consumers increasingly settle for pre-owned goods to save on cost, and as some observe conscious consumption. With the global re-commerce market expected to continue its growth spurt, marketplaces like Saudi Arabia’s Soum are looking to capture users in the Middle East
Read moreAddition theorems for Dixon functions
The last couple blog posts have been about Dixon elliptic functions, functions which are analogous in some ways to sine and cosine functions. Whereas sine and cosine satisfy a Pythagorean identity the Dixon functions sm and cm satisfy what you might call a Fermat identity alluding to Fermat’s last theorem.
Read more3 Handy Google Features for Last – Minute Holiday Shopping
The frenzy of Black Friday has passed, but if you still find yourself in need of last-minute holiday gifts, fret not. Embracing the procrastinator spirit, one in three shoppers admits to leaving holiday shopping until the eleventh hour. The demand for “overnight shipping” and “next-day shipping” peaks every December, with
Read moreRite Aid banned from using facial recognition software after falsely identifying shoplifters
Rite Aid has been banned from using facial recognition software for five years, after the Federal Trade Commission (FTC) found that the U.S. drugstore giant’s “reckless use of facial surveillance systems” left customers humiliated and put their “sensitive information at risk.” The FTC’s Order, which is subject to approval from
Read moreTop Tech Gifts for this Holiday Season
As the holiday season approaches, find inspiration in our Lifestyle Tech gift guide, blending style and function for the perfect presents. Explore the latest trends, from fashionable tech wearables to health-focused smartwatches like the HUAWEI WATCH GT 4. Embrace a new era of health and wellness, where fitness meets fashion,
Read moreAl Mada Ventures, the $110M fund for Africans by Africans
Al Mada Holding Group is one of Africa’s largest private investment funds. The Casablanca-headquartered private holding operates in different fields, such as banking, telecommunications, renewable energy and the food industry. Over the years, Al Mada’s approach has centered on acquiring majority shareholdings in some of Morocco’s largest private companies, with
Read moreLenovo’s Next Wave in AI-Ready Hybrid Cloud
Lenovo has expanded its hybrid cloud platform for AI, introducing ThinkAgile hyper-converged solutions and ThinkSystem servers powered by the next generation of Intel® Xeon® Scalable Processors. The AI-ready platform enhances cloud deployment, hybrid connectivity, and AI capabilities, enabling a dynamic hybrid AI approach across public, private, and foundational models. “Lenovo
Read moreElectric scooter company Bird files for bankruptcy
Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. In a press release today, Bird confirmed that it had entered into a “financial restructuring process aimed at strengthening its balance sheet,” with the company continuing to operate as normal in pursuit of
Read moreShareChat faces large valuation cut in new funding
ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources familiar with the matter. Existing backers including Temasek and Tencent are among the investors in advanced stages of talks to invest in
Read moreEpic won’t ban blockchain games over adults-only ratings
Illustration by Alex Castro / The Verge Blockchain games are returning to Epic Games’ marketplace. The Epic Games Store has a strict ban on games classified as “Adults Only” by the Entertainment Software Rating Board (ESRB) — normally games with excessive nudity or violence. But the marketplace announced today that
Read more