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Summer International uses social media data to launch new beauty brands

TechCrunch

If you follow #beautytok, #beautytube or any beauty content on social media platforms, you know that popular product trends are hard to keep up with. NYX was acquired by L’Oreal in 2014 for about $500 million. They are also available on Summer.store, the company’s proprietary social commerce network.

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How China’s synthetic media startup Surreal nabs funding in 3 months

TechCrunch

The experience convinced Xu that synthetic media would become mainstream because the tool could significantly “lower the cost of content production,” Xu said in an interview from Surreal’s 12-person office in Shenzhen. The technology powering Surreal, called generative adversarial networks, is relatively new.

Media 195
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#775 Navigating Business & IT Evolution as an Award-Winning Company with Frank DeGeorge, CTO at Impact Networking

Modern CTO

Today we’re talking to Frank DeGeorge, CTO at Impact Networking. We discuss what went into Impact Networking’s “best workplace” award, the ways in which Frank thinks about business evolution from his perspective as CTO, and how AI continues to change the game for his operations. Produced by ProSeries Media. Let us know here.

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Why (and how) China is tying social-media behavior to credit scores

The Parallax

In 2020, Alibaba, Tencent, and Baidu, China’s most popular social networks, will be required to include all users in social-credit systems unique to their platforms. And each Chinese citizen using these networks will be given a credit score based on his or her online behavior. ”—Katika Kühnreich, China expert.

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Singapore-based logistics startup Ninja Van secures $578M Series E

TechCrunch

The latest round topped at a valuation of more than $1 billion prior to a potential initial public offering as early as next year, according to media reports. Founded in 2014, the company operates its business across Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. It currently employs more than 61,000 staff.

Groups 245
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River, the latest venture from Wander founder Jeremy Fisher, launches with $10.4 million in funding

TechCrunch

The app pulls stories and content from across the entire internet, including from publishers, Twitter and other social media, etc. adults get their news either “often” or “sometimes” from social media. Overflow allows users to post a selfie video alongside news content out to other social networks.

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Bolt CEO addresses startup’s performance in wake of lawsuit, says merchant numbers are up 192% YoY

TechCrunch

CEO Maju Kuruvilla issued a blog post today acknowledging that the company “has become very popular in the media these past few months.”. Brands and merchants are having their day, and we are empowering them by building tools that help them convert shoppers, learn about their consumers, and benefit from our growing network.”.