Reddit announced today that it’s launching a suite of tools, called Reddit Pro, to help businesses grow an organic presence on the platform. The launch comes as Reddit is readying its initial public offering (IPO). With this new suite of free tools, Reddit is likely seeking to add more brands it to its platform and … Read more
Ole_cnx | Istock | Getty Images Generative AI adoption rate for businesses is yet to match the hype around the technology, with data privacy, regulation, and IT infrastructure acting as major barriers to its widespread use, according to a recent survey. The global survey of more than 300 business leaders by MIT Technology Review Insights … Read more
The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters BEIJING — China’s Ministry of Commerce met with foreign businesses in Beijing this week in an effort to address operating challenges, but … Read more
Idrees Abbas | Lightrocket | Getty Images Walt Disney and Indian conglomerate Reliance will merge their Indian businesses, the U.S. entertainment giant announced Wednesday. The companies will be combining their respective Star India and Viacom18 units into the newly created Star India joint venture, valued at roughly $8.5 billion on a post-money basis, excluding synergies. The … Read more
The logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023. Costfoto | Nurphoto | Getty Images Chinese tech giant Alibaba Group is betting on its overseas businesses while domestic consumption growth remains sluggish. One bright spot in Alibaba’s latest earnings report was its international e-commerce business unit, which posted … Read more
Arnergy, a Nigerian cleantech startup that deals in distributed renewable energy products and solutions, has raised $3 million in new financing. The bridge round was financed by All On, a Shell-backed off-grid energy impact investment company. The financing comes five years after Arnergy, a provider of solar power systems to homes and businesses, secured a … Read more
gremlin/Getty Images According to the US Chamber of Commerce, small business drives the US economy. Small businesses employ nearly half of the entire American workforce and represent 43.5% of America’s GDP. They are a critical part of our economic ecosystem, where big businesses and small businesses are vendors, employees, partners, and customers to each other. … Read more
BRISBANE, Australia — Residents have begun battening down homes and businesses with Tropical Cyclone Kirrily forecast to cross the Australian northeast coast on Thursday, bringing destructive winds and flooding rain. Authorities said the storm system was still tracking west across the Coral Sea and that gusts of 140 kph (87 mph) are forecast as the … Read more
Although Ripple has been around since 2012, it and the XRP Ledger are doubling down on its global payments journey. At the same time, it’s also aiming to become the go-to enterprise infrastructure provider, the company’s president, Monica Long, said on TechCrunch’s Chain Reaction podcast. Distinct from the Ripple network and protocol, the XRP Ledger … Read more
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Microsoft is unlocking the doors for all businesses to get access to its AI-powered Office features. Microsoft’s Copilot for Microsoft 365 launched in November with enterprise customers having to commit to at least 300 users and pick up the phone to get on the list. That was an additional $9,000 cost minimum for businesses, but … Read more