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Artifact, the AI-curated personalized news app, is closing its windows and blocking comments just a year after it was launched from the brainchild of a former Instagram founder. “While we have built something that our core user group loves, we have concluded that the market opportunity is not large enough to justify this continued investment,” said co-founder Kevin Systrom. wrote in a Medium announcement. “It's easy for startups to ignore this reality, but in many cases it's better for everyone involved to make difficult decisions early… We live in exciting times where everything is changing and the opportunities for new…
After less than a year of operation, there appears to be no way for AI news aggregator Artifact to turn a profit, with the service set to shut down permanently at the end of February. iPhone artifact interfaceArtifact was launched in late February 2023 by Instagram co-founders Mike Kreiger and Kevin Systrom. The service had an interesting feature that not only presented news to readers, but also curated feeds based on likes.Curation is basic enough, but the service also offered Ai summaries of articles. Additionally, Artifact recently began allowing users to rewrite articles posted to the service with Ai capabilities.“While…
If you're looking for an additional source of income, selling products online is another option.Business Insider also spoke to individuals who started e-commerce businesses with just $1,500 and grew them from zero sales to six figures. All revenue claims were verified by checking the Amazon Seller Dashboard.They shared key strategies for success on a tight budget.Sahaj Dhingra bought the stock after receiving the order. Sahaj Dhingra, 20, a university student, made six figures in three months through retail arbitrage. Provided by Sahaj Dhingra The summer between my second and third year of university, Sahaj Dhingra I made $100,000 worth of…
Building new connections with prospective clients is not just a necessary activity, but it can be pivotal for the success and longevity of a small business. Traditionally, handing out physical business cards during networking events has been an effective strategy, but digital business card technology is revolutionizing networking and client engagement for small businesses.However, in today’s digital era, the trend is shifting towards using digital business cards, which are proving to be an even more effective and versatile tool for networking and client engagement.After rigorous research and meticulous comparisons, we’ve compiled a list of the best digital business card apps.…
In a surprising turn of events, Artifact, the groundbreaking AI news aggregator founded by Instagram co-founders Mike Kreiger and Kevin Systrom in February 2023, will open its virtual doors at the end of February 2024. It is scheduled to close. The founders of a platform that claims to curate news feeds based on users' preferences and provide AI-generated summaries of articles have decided to retire the service. Artifact's CEO, Kevin Systrom, shared this news on Medium, expressing the realization that the market opportunity for this service is not large enough to justify further investment.Artifact rise and fallUnder the visionary leadership…
Innovative Food HoldingsBONITA SPRINGS, Fla., Jan. 12, 2024 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH”, “Company”, “we”, or “our”) is a professional The company, which sells gourmet specialty foods to chefs, today announced, with the unanimous support of its board of directors, that it will restructure its home gourmet e-commerce business. IVFH also announced the completion of the previously announced sale of two entities: Oasis Sales Corp. and Organic Food Brokers, LLC (both dba “Grow Brand Management”). Finally, the company also announced that it has agreed to sell its subsidiary Hayley Food Group.As discussed in the Q3…
Startup freedom of thought Startups in any industry focus on testing and learning and quickly applying the resulting insights to pivot ongoing investments, optimize customer journeys, and maximize ROI. E-commerce players with a startup mindset have the freedom to experiment, fail, and learn from those failures. The more hypotheses you test in response to market signals and customer needs, the better your idea throughput, the quality of your experiments, the reliability and relevance of your insights, and the impact your experiments will have. According to a recent study by e-commerce experimentation company Optimizely, the median number of experiments companies run…
WeChat's short video and live streaming capabilities will help the platform nearly triple its GMV in 2023, according to information announced Thursday during the app's annual Open Class Pro Developer Conference in 2020. GMV) was able to be recorded. Guangzhouthe capital of southern Guangdong province.According to reports in Chinese online media, conference attendees predicted that the number of orders made through WeChat's video feature, which is marketed as a channel, will increase in 2023, although the platform's exact GMV has not been made public. It was reported that the number increased by more than 244% compared to the previous year.…
@denisconway introduction: A great experience awaits! Over the past few years, the world of e-commerce has undergone a major transformation. It's all thanks to an innovative concept called composable commerce. This approach has taken the industry by storm, and it's easy to see why. Composable commerce is a versatile, scalable, and innovative approach that empowers businesses of all sizes to deliver great customer experiences across different platforms and devices. In this article, we'll take a deep dive into the intricacies of composable commerce, explore its key benefits, and examine how it will change the e-commerce industry. Get ready to be…
In 2024, the old e-commerce environment will no longer exist. Changing economic conditions, marketing strategies, and a host of new retail challenges are calling for innovative solutions to solve new e-commerce problems. Aging technology will be an issue for retailers clinging to existing marketing and business conveniences. However, advances in technology will also provide retailers and marketers with problem-solving approaches that result in safer online transactions and better customer engagement. This year will be a response to changing consumer attitudes towards personalization, privacy, transparency, and improved customer experience (CX). Online shoppers are hesitant to fully embrace digital spending and are…