In 2020, the global camera industry sold roughly one-eighth the number of cameras it did at its peak in 2008: 15 million units for CIPA companies versus 120 million just 12 years earlier. Faced with an existential crisis, camera companies had no choice but to try innovating their way out of it. Sure enough: cameras […]
YouTube has acquired social commerce startup Simsim, the Google-owned firm said on Tuesday. Neither of the firms disclosed the terms of the deal, but two people with knowledge of the matter told TechCrunch the Indian startup was valued at over $70 million. Two-year-old Simsim had raised about $17 million prior to today’s announcement and was […]
Over the weekend, an international consortium of news outlets reported that several authoritarian governments — including Mexico, Morocco and the United Arab Emirates — used spyware developed by NSO Group to hack into the phones of thousands of their most vocal critics, including journalists, activists, politicians and business executives. A leaked list of 50,000 phone […]
The United States estimates of the food produced here approximately 40% is wasted. Globally, $2.6 trillion annually is lost. Berlin-based Choco, which has built ordering software for restaurants and their suppliers, is working to digitize the food supply chain and announced $100 million in Series B funding, led by Left Lane Capital, to give it […]
Every Sunday, we bring together a collection of easy-reading articles from analytical, to how-to, to photo features in no particular order that did not make our regular daily coverage. Enjoy! Professor Makes Major Error in Banning Kit Lenses — Photofocus A professor at a university in North Carolina has banned her editorial photography students from […]
When Robinhood raised its $3 million seed round in 2013, it was a couple of months old with huge ambitions of democratizing securities access to the underserved and unserved. Robinhood has since taken the world by storm and grown to serve more than 30 million users with its zero-commission trading. In the past, we’ve seen […]
This article is a (tongue-in-cheek) description of the progression of your everyday street photographer — the 8 stages every street photographer will inevitably find themselves journeying through. Enjoy! #1. The Brick Phase After watching the Vivian Maier documentary one day, you buy your first street photography camera. Your camera sits like a brick for a few months, […]
Earlier this year, Amazon launched Build It, a fun little program that lets customers preorder concept devices. Think about it like Indiegogo or Kickstarter, where the company will only actually make the product if enough people buy-in via preorder. Obviously Amazon has a significantly larger ability to absorb a misstep than your average first-time hardware […]
Facebook just announced plans to pay content creators more than $1 billion by the end of next year through new bonus programs designed to keep creatives plugged into its app ecosystem. Facebook founder and CEO Mark Zuckerberg first announced the new funding to “reward creators for great content” on his Facebook page. The company will […]
Relevance is often tied to rarity. As a result, the first anything — whether a birthday, scientific feat or female vice president — comes with its own weight. Whether that pressure is warranted is a discussion in and of itself, but today, we’ll focus on the ripple effects of India’s first unicorn IPO: Zomato. Food […]