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TikTok to challenge Amazon Prime Day with its own sales event in July

​[[{“value”:” TikTok is gearing up to challenge Amazon’s Prime Day event in the July. The social network announced on Thursday that TikTok Shop is holding a “Deals For You Days” sales event in the U.S. starting on July 9. The announcement comes a few days after Amazon revealed that its annual Prime Day sales will take […] © 2024 TechCrunch….

Reliance Jio kicks off Indian telecom price hike

​[[{“value”:” Reliance Jio, India’s largest telecoms operator, has initiated what analysts expect to be an industry-wide increase in tariffs in the world’s second largest wireless market, raising some of its plans by more than 20%.  Jio’s revised pricing structure, effective July 3, sees its entry-level Rs 155 ($1.87) plan, offering 2GB of data and unlimited calls, […] © 2024 TechCrunch….

SoftBank forms AI healthcare JV in Japan with Tempus

​[[{“value”:” SoftBank Group founder Masayoshi Son announced on Thursday that the Japanese tech giant has set up a joint venture in the country with Chicago-based health tech company Tempus. Together, the pair plan to develop AI-powered personalized medical services, by way of analyzing data in Japan under the name SB Tempus. The company plans to start […] © 2024 TechCrunch….

As Spain gets its latest VC fund, Southern Europe appears to be on a roll

​[[{“value”:” While startup valuations have plummeted since the bull run of 2021-2022, a factor that’s hit the European startup ecosystem particularly hard, there’s one region of Europe where the correction has slightly worked in its favor: the South. Evidence for this was apparent during Mobile World Congress in Barcelona earlier this year, as time and time […] © 2024 TechCrunch….

Illumex is using GenAI to ease pain of getting good data into LLMs

​[[{“value”:” By now we know how crucial it is to have quality data for use by large language models (LLMs), but getting data ready for the models has been an early challenge for companies, an opening that represents an opportunity for an enterprising entrepreneur. Enter Illumex, a two year old Israeli startup from the former VP […] © 2024 TechCrunch….

Directo turns a TikTok travel hack into a deal-finding Chrome extension

​[[{“value”:” A travel hack that went viral on TikTok teaches users how to save money on hotels and Airbnbs by booking directly with the properties themselves. Now, a new startup, Directo, will help travelers find those same deals with the help of a Chrome extension that points you to the property’s website, where you’ll often find […] © 2024 TechCrunch….

Orby is building AI agents for the enterprise

​[[{“value”:” Orby AI, is building a generative AI platform that attempts to automate a range of different business workflows, including workflows that involve data entry, documents processing and forms validation. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]  

Amazon hit with fresh class action-style suit in UK — $3.4BN in competition damages sought for 200,000+ sellers

​[[{“value”:” Amazon is facing another competition lawsuit in the UK. The latest claim, which was filed Thursday, is seeking more than £2.7BN in damages — or around $3.4BN at current exchange rates — before the UK’s Competition Appeals Tribunal. The case is being brought by Andreas Stephan, a professor of competition law at the University of […] © 2024 TechCrunch….