🚗 Long road: Uber CEO Dara Khosrowshahi announced today that the company plans to double down on its ride-sharing business in South Korea. While Uber has seen double-digit growth in the region, it will be an uphill battle to take market share from local ride-hailing company Kakao Taxi. Read more
📱 Today's topic: TikTok is giving its users more control over what posts they see in their "For You" feed. The company announced a new feature today that allows users to manage the topics they see by using a slider to adjust how much they want to see of a certain topic. Read more
🎙️ Equity: On today's episode of Equity, the gang got into the recent arrest of Telegram founder Pavel Durov, the drama over at Fluid Truck and the recent rise of acquihires. Read more
🍵 Generative Jam: Video game studios continue to embrace generative AI. Jam & Tea Studios is implementing the tech for the non-playable characters in its games. This will allow these NPCs to converse with a game player as opposed to sticking to a predetermined script. Read more
🧸 KidGPT: Google and Amazon alumni have launched Hello Wonder, an AI-powered web browser for children. Hello Wonder's child-safe search engine was partially inspired by the Montessori method of learning, which involves letting children learn through the topics they are interested in. Read more
🗞️ Valuation haircut: Indian tech startup VerSe, which operates popular news aggregator Dailyhunt, isn't getting much love from its investors. One of the company's backers, 360 One, just internally marked the company's valuation down by 42%. Read more
🏠 Fee fight: Wow. Redfin moves fast. After TechCrunch posted a story yesterday about Landian, a startup offering a flat fee to folks looking at and putting offers on homes, Redfin spoke out today about why that model doesn't work. Read more
🤐 Come clean: Back in January, Carta was accused of using its customers' cap table data to support its secondary trading business. Investors got mad, and Carta shut down its secondary trading strategy. Today, Public announced it bought Carta's brokerage accounts. Read more
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