Chicken Soup for the Soul Entertainment cuts costs a year after buying Redbox
A year after Chicken Soup for the Soul Entertainment (CSSE) purchased Redbox for $375 million, the company continues to be hit by losses and looks to reduce costs across all aspects of its business. CSSE reported its second-quarter 2023 earnings this week, which showed a net loss of $43.7 million
Read moreThe startup landscape has shifted dramatically: Accelerators must adapt or fade away
Brett Calhoun Contributor Share on Twitter Brett Calhoun is the managing director and general partner at Redbud VC. Unparalleled contrasts have marked the last decade and a half — from the devastating plunge of a major housing crash to the soaring heights of the longest bull market and the unforeseen
Read moreJumia expects losses not to exceed $100M this year, per Q3 financials
In the first quarter of 2023, we reported that Jumia recorded its lowest losses in four years. Its adjusted EBITDA and operating losses dropped to $27 million and $30.9 million, respectively. Those numbers represented a 55% and 57% decrease year-over-year, on track to meet the company’s end-of-year target of $100
Read moreIntuitive Machines sets November launch date for lunar lander mission
Lunar technology company Intuitive Machines may well be the first private American company to land a spacecraft on the moon. The company said Monday that it was targeting a six-day slot starting on November 15 to launch its IM-1 lunar lander mission on a SpaceX Falcon 9 rocket. Intuitive Machines
Read moreConfigu raises a $3M pre-seed round for its configuration-as-code platform
Nobody loves managing configuration files for their applications and as systems get ever more complex and distributed, errors — and the potential security issues that come with that — can easily multiply. Infrastructure-as-code has gone mainstream over the course of the last few years and now, Tel Aviv-based open-source startup
Read moreOpenAI proposes a new way to use GPT-4 for content moderation
OpenAI claims that it’s developed a way to use GPT-4, its flagship generative AI model, for content moderation — lightening the burden on human teams. Detailed in a post published to the official OpenAI blog, the technique relies on prompting GPT-4 with a policy that guides the model in making
Read moreThe tech jobs market is as strong as it ever was
After the big companies conducted mega layoffs at the beginning of this year, it would be natural to think that the tech unemployment rate would skyrocket. If we think about tech jobs as purely IT, engineering and developer kinds of roles, then those jobs are definitely still in demand and
Read moreWorldcoin ignored initial order to stop iris scans in Kenya, records show
Months before Kenya finally banned iris scans by Sam Altman’s crypto startup Worldcoin, the Office of the Data Protection Commissioner (ODPC) had ordered its parent company, Tools for Humanity, to stop collecting personal data. The ODPC had in May this year instructed the crypto startup to stop iris scans and
Read moreA Guide to Optimizing JavaScript Files
Learn practical JavaScript file optimization techniques, how to deal with performance issues, and tools to help the optimization process. Continue reading A Guide to Optimizing JavaScript Files on SitePoint.
Read moreElon Musk keeps getting creepier
Elon Musk. | Illustration by Lille Allen / The Verge This is Platformer, a newsletter on the intersection of Silicon Valley and democracy from Casey Newton and Zoë Schiffer. Sign up here. I. Today let’s talk — for the last time, I hope — about the derailed martial arts bout
Read more