Saturday, June 11, 2022

Why e-commerce platforms with Buy Now Pay Later business models are facing challenges

Buy Now Pay Later (BNPL) firms have created one of the fastest-growing segments in consumer finance, with transaction volumes hitting $120 billion in 2021 up from just $33 billion in 2019, according to GlobalData. https://ift.tt/ex9D37Z

Meta investigating Sheryl Sandberg's use of company resources, claims report

Several employees have been interviewed in connection with the investigation by Facebook-parent Meta, the WSJ reported, adding that the probe has been underway since at least last fall. https://ift.tt/lNePUpO

Friday, June 10, 2022

After delivery startup Gorillas raised $1B in October, sources say it is drastically cutting costs, reducing staff benefits, and considering closing warehouses (Aggi Cantrill/Bloomberg)

Aggi Cantrill / Bloomberg:
After delivery startup Gorillas raised $1B in October, sources say it is drastically cutting costs, reducing staff benefits, and considering closing warehouses  —  After Germany's rapid food delivery startup Gorillas Technologies GmbH closed a $1 billion funding round last October …



How to change the alert sounds on your iPhone

The one stick with which Android users like to beat iPhone with is the lack of customisation options. Apple has in the last few years started to offer customisation options in iOS. However, it’s still limited but not as expansive as the customisation options available on Android. Take the case of alert sounds. It's fun to customise the iPhone’s alert sound to give it a more personal touch. https://ift.tt/o9EhAeL

Source: Meta will distribute the first version of its AR glasses, codenamed Orion, exclusively to developers, helping them build software for future devices (Alex Heath/The Verge)

Alex Heath / The Verge:
Source: Meta will distribute the first version of its AR glasses, codenamed Orion, exclusively to developers, helping them build software for future devices  —  It's also canceling a planned smartwatch with two cameras  —  Meta has decided to not sell the first version of its full-fledged AR glasses …



Alibaba drops as much as 8% after its Ant Group unit said it has no current plans to revive its IPO and a key regulator said it had not evaluated the listing (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Alibaba drops as much as 8% after its Ant Group unit said it has no current plans to revive its IPO and a key regulator said it had not evaluated the listing  —  - Alibaba shares dropped 8% on Thursday after its financial affiliate Ant Group said there were currently no plans to revive a public listing.



A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedly grew from $10.7B in 2016 to ~$51.1B in 2025 (Jared Perlo/NBC News)

Jared Perlo / NBC News : A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedl...