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The AI services transformation may be harder than VCs think | TechCrunch
Venture capitalists have convinced themselves they’ve found the next big investing edge: using AI to wring software-like margins out of traditionally labor-intensive services businesses. The strategy involves acquiring mature professional services firms, implementing AI to automate tasks, then using the improved cash flow to roll up more companies. Leading the charge is General Catalyst (GC),…
Metas Oversight Board takes up permanent bans in landmark case | TechCrunch
Meta’s Oversight Board is tackling a case focused on Meta’s ability to permanently disable user accounts. Permanent bans are a drastic action, locking people out of their profiles, memories, friend connections, and, in the case of creators and businesses, their ability to market and communicate with fans and customers. This is the first time in…
Nayax payment technology will expand EV payment network
Autel Energy, an electric vehicle charging station provider in 35 North American and European markets, will use Nayax payment processing technology at its stations. Under the agreement, Autel will embed Nayax payment solutions directly into an estimated 100,000 EV chargers set for deployment by the end of 2026. Electric vehicles are a growing segment for…
