Shein hit with consumer protection action in EU as bloc unboxes strategy to tackle low-cost ecommerce risks

Posted on February 5, 2025 by Techme101

Chinese ecommerce and fast fashion giant Shein is facing fresh scrutiny in the European Union in relation to consumer protection rules following the launch of a coordinated action by the bloc’s Consumer Protection Cooperation Network (CPCN). The action is being conducted with reference to the EU’s Unfair Commercial Practices Directive, Consumer Rights Directive, Unfair Contracts […]
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Modern Synthesis is making compostable materials that last a lifetime

Posted on February 5, 2025 by Techme101

Modern Synthesis’s fibers can be manipulated in ways that simple plant fibers cannot.
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Uber beats fourth-quarter revenue expectations but offers soft guidance

Posted on February 5, 2025 by Techme101

Uber’s mobility segment reported $6.91 billion in revenue, up 25% from a year earlier. StreetAccount analysts were expecting $6.77 billion.

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Reddit community banned as user spat with Musk intensifies

Posted on February 5, 2025 by Techme101

The tech billionaire had complained that some Reddit users were advocating violence against his staff.

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Former Whoop exec’s new app Alma uses AI for all things nutrition

Posted on February 5, 2025 by Techme101

Generative AI models have demonstrated to app developers that combining a robust knowledge base with the right model can enable them to offer users services — once reliant on costly professionals like therapists or executive assistants — at a fraction of the price. Former VP of product at fitness company Whoop, Rami Alhamad, has a […]
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Uber opens ‘interest list’ for Waymo robotaxi rides in Austin

Posted on February 5, 2025 by Techme101

Uber and Waymo beat Tesla to the punch offering robotaxi rides in Austin, Texas

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Waymo just popped up on the Uber app in Austin ahead of robotaxi launch

Posted on February 5, 2025 by Techme101

Uber customers in Austin may notice a new offer when they open the app and hail a ride: an invitation to signal their interest in a Waymo robotaxi. For now, this doesn’t translate into a Waymo picking them up. But it will soon. The “interest list,” which launched Wednesday, is part of a partnership between […]
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Router maker Zyxel tells customers to replace vulnerable hardware exploited by hackers

Posted on February 5, 2025 by Techme101

The Taiwanese hardware maker says it has no plans patch the flaws impacting legacy router models
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Apple shares fall 3% in premarket after China reportedly considers probe into App Store practices

Posted on February 5, 2025 by Techme101

China’s market regulator is considering whether to open a formal probe into the iPhone giant’s App Store fees and policies, Bloomberg reported.

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European AI startups raised $8 billion in 2024

Posted on February 5, 2025 by Techme101

In just a few days, France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders. They’ll most likely announce some big investments and diplomatic agreements focused on safety or the environmental impact of artificial intelligence. Ahead of the summit, early-stage VC firm Galion.exe, growth investment […]
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