Amazon Is Building a Publisher-Focused Adtech Tool to Compete With Google

Amazon is hiring for a new publisher-focused advertising team called “PubTech.” It is building a tech platform that could compete with Google, Magnite, and Pubmatic. The tech will help publishers sell ads on Amazon, according to job postings. Amazon is staffing up to build new ad products for publishers. The retail giant has 11 job … Read more

Here Are the 20 Unicorns That Have Plunged the Most in Value in 2023

One way to see how private companies are faring is to look at secondary exchanges. The fallen giants are led by former fintech darling Plaid, which has plunged almost 80% in 2023. Buyers who had been sitting on the sidelines are eager to snap up bargains in battered startups. While investors can measure the value … Read more

Apple and Meta’s Metaverses Are Both Sad and Lonely

The metaverse has a loneliness problem. Mark Zuckerberg says Apple’s new headset will make everyone lonelier. But even Meta’s headset is, in the end, someone sitting alone on a couch too.   Mark Zuckerberg’s verdict on Apple’s new mixed-reality headset is in: It’s lonesome. “Every demo that they showed was a person sitting on a couch … Read more

The Stock Market’s Strong 2023 Performance Comes Down to 5 Names

One thing that pops up no matter where you look is the Pareto distribution. It’s a probability model that’s also been dubbed the 80-20 rule, and it illustrates how a tiny number of causes are responsible for the lion’s share of effects. For example, it’s like how the top 20% of sales people produce 80% … Read more

Reid Hoffman Says He Will Keep ‘Beating the Positive Drum’ for AI

LinkedIn co-founder Reid Hoffman said he will continue to be positive about the benefits he sees in AI. Hoffman is part of venture capital firm, Greylock Partners, which has invested in dozens of AI companies. He told the New York Times in a recent interview that concerns from other tech executives like Elon Musk are … Read more

5Paisa demotes the current CEO, to make way for a new one

5Paisa has demoted the current CEO, Prakarsh Gagdani to the position of Chief Business Officer (CBO) w.e.f. May 25, 2023. He will however continue to be the Whole-time Director of the Company. Prakarsh was the CEO since October 2015 i.e., the inception. Reason for this change seems to be only to make way for the … Read more