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Remote working means this startup can use brains in emerging markets to disrupt management consultants

ByMax Staff

The global management consulting industry is worth billions of dollars but to this day it’s been tough to disrupt with technology. Traditional consulting firms provide high-quality services but the cost a lot and have rigid terms. And while there are plenty of portals offering low-quality freelance consulting services, these are generally unsupervised that would never…

Slang taps AI to answer phone calls for brick-and-mortar businesses

Slang taps AI to answer phone calls for brick-and-mortar businesses

ByMax Staff

For business owners, phone calls can be an enormous time waster. Take the restaurant industry, for example. Calls can lead to more important tasks being overlooked, like doing inventory, balancing staff schedules, running payroll and fixing equipment issues. The issue, exacerbated by the pandemic, is so severe that restaurants are increasingly abandoning their phone lines….

Lordstown Motors’ Endurance EV pickup truck is dying

ByMax Staff

Beleaguered EV company Lordstown Motors seemed to have found a financial savior in Foxconn, the Taiwanese manufacturer best known for making iPhones for Apple. But now, with that relationship faltering, it appears the the road is ending for Lordstown’s Endurance EV truck and maybe even the company. Lordstown issued a warning May 1 that it…

Musk says X will address shadowbanning ‘soon,’ but former Trust & Safety exec explains why that will be difficult

ByMax Staff

X owner Elon Musk is promising to “soon” address the lack of transparency around “shadowbanning” on the social network formerly known as Twitter — that is, not outright banning a user, but making changes that ensure their content is no longer circulated and kept out of public view. In replies to users on X, Musk…

Even as cloud growth continues to slow, market remains robust in Q2 at $65B

ByMax Staff

Cloud growth has been slowing for a number of reasons this year. Some of it has to do with macroeconomic headwinds causing customers to look to cut their cloud bills, some of it with a maturing market, which comes with an inevitable decline in growth. With the Big 3 cloud vendors — Amazon, Microsoft and…

Pale Blue Dot continues investing in its climate vision, with a second, $100M fund

Pale Blue Dot continues investing in its climate vision, with a second, $100M fund

ByMax Staff

Sweden-based VC fund Pale Blue Dot bounced onto the scene in 2020 with a €53 million fund to help climate-focused startups. This fund grew again by €34 million in April 2021, and after deploying investments into 28 climate-forward companies, the investor this week announced it has officially closed its second fund. This one is valued…