Archive raises $30M to solve fashion’s pollution problem with online resales

Posted on February 4, 2025 by Techme101

The fashion industry has concerned Emily Gittins since adolescence.  The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than 20% of all water waste.  Yet people still want more, fast.  “The way we consume […]
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PayPal reports fourth-quarter earnings beat as growth picks up at Venmo

Posted on February 4, 2025 by Techme101

PayPal reported better-than-expected fourth-quarter earnings and revenue in its quarterly report on Tuesday.

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HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump

Posted on February 4, 2025 by Techme101

Human resources software firm Deel said it has hit an annual revenue run rate of $800 million as it ramps up preparations to go public.

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How a Sale of TikTok Would Work and Who Might Buy It

Posted on February 4, 2025 by Techme101

A new law says TikTok must be sold to a non-Chinese owner or face a ban in the United States. President Trump has thrown out a lot of options for a potential sale.

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Elon Musk’s Blitz Shakes U.S. Government as He Sweeps Through Agencies

Posted on February 4, 2025 by Techme101

The billionaire is creating major upheaval as his team sweeps through agencies, in what has been an extraordinary flexing of power by a private individual.

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Musk Allies Discuss Deploying A.I. to Find Budget Savings

Posted on February 4, 2025 by Techme101

A top official at the General Services Administration said artificial intelligence could be used to identify waste and redundancies in federal contracts.

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Inside the Bust That Took Down Pavel Durov—and Upended Telegram

Posted on February 4, 2025 by Techme101

The Russian-born CEO styles himself as a free-speech crusader and a scourge of the surveillance state. Here’s the real story behind Pavel Durov’s arrest and what happened next.

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Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi

Posted on February 4, 2025 by Techme101

A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and middle-income workers. The company provides solutions like salary advances, digital payments, and microloans to help […]
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The Sims at 25: How a virtual dollhouse took over the world

Posted on February 4, 2025 by Techme101

Some people didn’t expect it to last a year. Here’s how the popular life simulator has stayed alive.

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Grubhub confirms data breach affecting customers and drivers

Posted on February 4, 2025 by Techme101

U.S. food delivery giant Grubhub says hackers accessed the personal details of customers and drivers after breaching its internal systems.  Grubhub is a popular food-ordering and delivery platform with over 375,000 merchants and 200,000 delivery providers using its platform in more than 4,000 U.S. cities. New York-based Wonder Group acquired the company last fall in […]
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