UK’s FocalPoint raises $17M for its software-based approach to repairing the flaws of GPS

By News Curator

GPS in its many regional flavors has become a ubiquitous feature in phones, smart watches, cars and other connected devices, but for all the location-based features that it helps enable (mapping being the most obvious) it has a lot of shortcomings: it can be slow and inaccurate, it can contribute to faster battery drain, and […]

UK’s FocalPoint raises $17M for its software-based approach to repairing the flaws of GPS by Ingrid Lunden originally published on TechCrunch

Star-studded digital avatar startup Genies launches NFT fashion marketplace

By News Curator

Digital avatar startup Genies, known its for high-profile partnerships with celebrities such as Justin Bieber, Migos and Cardi B, has just released its long-anticipated NFT storefront, “The Warehouse.” Genies last earned a $1 billion valuation from heavy-hitting tech investors including Silver Lake and Mary Meeker’s Bond Capital during its most recent raise, a $150 million…

Wayfair to layoff 5% of its workforce, or nearly 900 employees

By News Curator

Wayfair, the online home goods retailer, announced today it was laying off close to 900 employees as a way to reprioritize investment needs and meet the company’s current needs. This comes after the company announced a hiring freeze back in May.  The layoffs represent close to 5% of the company’s global workforce and 10% of…