Tech.Co

MAY 16, 2024

In recent years, Black-owned businesses have grown at the fastest pace in 30 years. However, despite growing optimism, the path to success for Black entrepreneurs is still paved with systematic barriers in 2024. In addition to the regular pressures of running a business in this climate, Black business owners have to contend with discriminatory lending practices from banking institutions and racial prejudices from buyers – with a recent report revealing that 76% of Black business owners cla

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Tech.Co

MAY 9, 2024

Seeking funding is a right of passage for many small business owners. While there are endless private and government-backed loans to choose from, if you’re looking to evade strict repayment terms and steep interest rates, it could be worth considering government business grants. Government business grants are financial awards issued by federal, state, or local authorities.

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Tech.Co

FEBRUARY 16, 2024

There's no denying that 2024 is a challenging year to run a business. As inflation rates spiral and consumer demand takes a hit, business owners are forced to be more mindful of their bottom lines than ever. But whether you're grappling with debt, or looking to expand, accessing third-party financing may be easier than you think. While free money may sound too good to be true, there are hundreds of grants available to small businesses in 2024 designed to make financing more accessible to busines

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Tech.Co

JANUARY 26, 2024

There are just five days left to enter the digital detox competition set up by Icelandic Yogurt company Siggi’s Dairy, which has pledged to give selected contestants $10,000 to spend an entire month “detoxing” without a smartphone or social media. To be considered for the contest, you will have to write a 100-500 word essay to enter on why you’d like to digitally detox and the positive impact it’ll have on your life – but that's all that's needed to apply.

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Tech.Co

DECEMBER 29, 2023

2023 hasn't been an easy year to be a startup. While the market isn't short of spritely, innovative entrepreneurs, harsh economic headwinds combined with a pullback in investor spending have made it harder than ever for budding businesses to break through. In fact, according to Crunchbase more than 212 startups closed their shutters in the third fiscal quarter alone – the highest number recorded in the firm's history.

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Tech.Co

NOVEMBER 22, 2023

As OpenAI hits the headlines for all the wrong reasons, Anthropic has turned Claude into an "industry-leading" AI tool.

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ChatGPT Tool Artificial Inteligence Technology 139

Tech.Co

OCTOBER 27, 2023

You’ve probably heard of both Bard and ChatGPT by now. However, another highly capable chatbot burst onto the scene earlier this year called Claude. It comes courtesy of Google and Amazon-backed startup Anthropic, which was only founded in 2021. Claude is definitely one of the most impressive chatbots to be launched in the last 12 months. More than 350,000 people signed up to the waitlist to use Claude 2, the most recent version of the language model.

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Tech.Co

JULY 24, 2023

A group of researchers in Australia have been awarded just over $400,000 (USD) in government funding to study the possibilities of merging AI with human brain cells, a research project likely to bring a number of AI-related ethical and existential questions to the fore. The team, working in collaboration with Monash University and Melbourne-based Startup Cortical Labs – is the same group behind the DishBrain project, which involved teaching a group of human brain cells how to play the retr

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Artificial Inteligence Research ChatGPT News 139

Tech.Co

JULY 13, 2023

Despite a packed schedule of obnoxious tweeting, lawsuits, and organizing a cage match with Meta CEO Mark Zuckerberg, Elon Musk has found time to launch a new AI company called xAI. Initially pinned as a generative AI startup for Twitter when it first hit the headlines back in April, the xAI website seems to suggest that the new startup will remain separate from the social media platform, as well as Musk's collection of other technology companies.

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Tech.Co

MAY 31, 2023

Launching and growing a startup is one of the biggest missions an entrepreneur can undertake. But while competition remains fierce, the advancement and accessibility of smart solutions are making it easy than ever for startups to find their feet. Business tools — from customer relationship management ( CRM ) platforms to accounting software — help to save startups time and money by automating key processes and maximizing efficiency.

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Tech.Co

MAY 11, 2022

For over a year, Amazon has quietly been paying local businesses in rural America to deliver its packages. Since its rollout, the trial – officially known as the ‘ Amazon Hub Delivery Partner Program' – has largely evaded the public eye. But according to business owners involved, the program has recently been approved for greater funding and is set to exit its pilot phase over the coming months.

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Tech.Co

DECEMBER 28, 2022

With over 305 million start-ups being created every year globally, standing out from the crowd is a huge challenge. Only companies with cutting-edge concepts and crystal-clear market strategies stand a chance of surviving through their first year, let alone making a profit. We've scoured the startup scene to find out which budding businesses have made big waves in 2022 — and whose growth is showing no signs of slowing down.

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Startup Artificial Inteligence Platform Newsletter 112

Tech.Co

NOVEMBER 28, 2022

TikTok is struggling to make a dent in the world of US and European ecommerce , and has now enlisted the help of a number of startups to try and reverse that trend and bring the Live Shopping craze sweeping Asia to other markets. Currently, TikTok relies heavily on digital advertising to bring in revenue, although this has not been as reliable of a profit stream in recent months as it has previously and is forcing the company to look for alternative ways to make money.

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Tech.Co

OCTOBER 31, 2022

A new survey of over 4,000 laid-off tech workers has revealed that a remarkably large proportion start their own businesses shortly after being made redundant. A huge number of tech companies have made layoffs in 2022 , whilst others have taken advantage of video conferencing software and other remote collaboration tools to offer flexible working arrangements and retain the best talent.

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Tech.Co

JUNE 24, 2022

A number of tech companies have made the headlines this week for hiring new members of staff, only to rescind such offers before they start. Tech companies like Coinbase, for instance – an exchange for blockchain -secured currencies like Bitcoin – reneged on offers due to “current market conditions and ongoing business prioritization efforts.”.

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Tech.Co

JUNE 3, 2022

The rent crisis is getting worse, according to a new report that found a full third of all small and medium-sized businesses are behind on their rent for the month of May. That figure has risen 5% since April, and the situation's even worse in Canada, where 39% of SMBs couldn't make rent. What's driving the crisis? Some of the survey's results suggest the culprit is a wave of rent hikes across the board, paired with outside factors including supply issues and growing gas costs.

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Tech.Co

JUNE 3, 2022

Square is teaming up with Apple to enable the ‘Tap to Pay' iPhone functionality within the Square Point of Sale app. With it, customers can quickly use contactless payment, giving consumers an easier shopping experience while helping sellers use the Square system with even less friction. Tap to Pay will be available to all Square sellers sometime this year, with an Early Access Program coming this summer to let sellers tip their toe in the concept first.

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News Newsletter Sales Tips 138

Tech.Co

MAY 31, 2022

The buy now, pay later service Affirm has just landed a new partnership with popular payments company Stripe. The deal opens up a large avenue for many more companies to use the service, given Stripe's ubiquity, and this in turn gives even the smallest companies a way to integrate buy now, pay later functionality with their in-store POS systems. It's also the latest in a spree of deals for Affirm.

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Services Technical Review Startup News 109

Tech.Co

MAY 12, 2022

As of Thursday, the entire cryptocurrency sector has plummeted, losing $200 billion across the entire market within a day. Bitcoin plunged under $25,000 to temporarily reach its lowest value since December 2020, and stablecoins aren't stable, with the cryptocurrency Luna nearly worthless after having dropped 99% in value in 24 hours. Cryptocurrencies' values may well continue whipsawing , and, as always, it's tough to predict where they'll ultimately end up.

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Statistics Venture Capital Invest Examples 145

Tech.Co

MAY 6, 2022

Ecommerce company Shopify supports small businesses with technology like ecommerce website builders and retail Point of Sale systems. Now, it's dramatically expanding capacity in another area, fulfillment, with the acquisition of Deliverr. Shopify is paying $2.1 billion in stock and cash to buy the ecommerce shipping company. Deliverr ships over one million orders monthly and gaining its network will more than double the size of Shopify’s fulfillment team.

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Tech.Co

APRIL 11, 2022

In February, ecommerce platform Etsy revealed that a record fourth quarter had earned them $717.1 million in revenue and added 10 million active buyers. Etsy also hiked its transaction fees by 30%, raising the costs to sellers from 5% to 6.5% on each sale. Now, those sellers are responding. Starting today, they're going on strike for a week in protest of the price change, which they say is just the latest in a series of decisions that have squeezed the small-business sellers who depend on the Et

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Tech.Co

MARCH 25, 2022

Grocery delivery startup Instacart used to be valued at $39 billion. Now, it has dropped that valuation to just $24 billion, a drop of 38%. Instacart cites “market turbulence” and a need to attract talent as reasons why it has reassessed. Another reason could be a steep drop in sales growth rate since the start of the pandemic, when many people suddenly became interested in getting groceries dropped off at their door.

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Tech.Co

MARCH 10, 2022

Amazon could substantially expand their dominance over the ecommerce market, as the Seattle-based tech giant has announced the acquisition of Veeqo, a UK-based ecommerce startup. Everyone knows that Amazon has been pretty acquisition happy over the last few years. From Whole Foods to MGM Studios, the ecommerce behemoth has been snatching up as many verticals as possible to make itself even more competitive in as many industries as possible.

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Tech.Co

FEBRUARY 25, 2022

Ecommerce company Etsy is hiking its transaction fees for sellers for the first time since 2018. Starting on April 11th, fees will rise from 5% to 6.5% for each sale. The decision comes after a record fourth quarter in which Etsy gained $717.1 million in revenue and added 10 million active buyers for a total of 90 million. But small businesses may need to find a way to raise their conversion rates in order to make up for the new fee they'll be paying.

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Tech.Co

FEBRUARY 23, 2022

Do you run a small business that ships products locally? You're in luck. The US Postal Service has just launched a delivery service for you. USPS Connect Local offers affordable next-day deliveries in all locations, while select locations will go further and include same-day and Sunday delivery as well as pickups. The new service officially launched on Tuesday, with over 800 Texas locations already in operation and a deadline to be active in all 50 states by the end of September — right in

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Services Press Commerce Class 139

Tech.Co

JANUARY 3, 2022

Well, another year has come and gone, and while we're yet to leave the pandemic behind, it has led to a record number of small businesses starting up. With all these businesses forming, it's possible that some future household names are finding their footing as we speak. Many of these businesses will take a while to gain some momentum, but there are already some fresh faces on the tech scene that are worth keeping your eyes on as the next year progresses.

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Tech.Co

AUGUST 25, 2021

A California judge has ruled that Proposition 22 violates the state's constitution. Under the less-than-a-year-old measure, gig-economy app companies like Uber and DoorDash could classify their workers as independent contractors rather than employees as they would otherwise be considered. Alameda County Superior Court Judge Frank Roesch made the ruling, arguing that the law improperly limits the state's ability to protect its workers.

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Tech.Co

JULY 29, 2021

As the world slowlyachieves successful Covid vaccine rollouts, tech giants Netflix, Google, and Facebook are now seeking to keep their employees safe by imposing strict vaccine mandates within their US workplaces. Debate is raging across the US about the requirement for vaccines – not least on Facebook itself – but the tech trendsetters are insisting that their own staff are fully vaccinated before returning to work.

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Netflix Google Hollywood Demand 183

Tech.Co

JUNE 28, 2021

Startup tech businesses used to land on the scene with big ideas about how their tech could change the world. Facebook, for example, decided in 2008 that its mission was to “help you connect and share with the people in your life.” The vision was grand and amorphous, with no clear indication of how or why Facebook would carry out its mission.

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Tech.Co

JUNE 30, 2021

Shopify has announced a new scheme for all of its App Store developers. Developers will not pay any commission on the first $1 million that they make in a given year. This scheme starts on August 1st of 2021. Before this scheme, Shopify used to charge 20% on every sale made through its service, but now, smaller businesses will take the whole value of the sale, with Shopify's cut of 15% only kicking in once the annual $1 million threshold has been passed.

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Develop Development Sales Platform 141

Tech.Co

JUNE 29, 2021

You know what a startup is, right? Or at least you have an idea of what a startup is like to work in? Long hours in co-working offices with CEOs fresh from university with big ideas and a lot of vague, nebulous chat about platforms. Don't forget the pizza parties and deskside beers funded by a seemingly endless stream of venture capitalist money, either.

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Startup Course Coach Demand 159

Tech.Co

JUNE 22, 2021

Shopify is planning to strike a blow at Amazon by entering the affiliate marketing space. An ecommerce giant with huge clout in bricks-and-mortar store retail, too, Shopify can boast to having more than one million retailers using its platform. Now, Shopify has apparently approached major publishers including Complex and Vox Media as well as getting Buzzfeed to sign on to the new program.

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Marketing Buzzfeed Guide Platform 164

Tech.Co

JUNE 22, 2021

PayPal has announced price hikes for some of its merchant fees. The new changes, which take effect in August, will see fees rise from 2.9% to as much as 3.49% for some PayPal Digital Payments. These changes could have big impacts on some small businesses. However, it's not all bad news, as charity transactions will drop below 2%. Here's a closer look at the fees and the changes that PayPal will be making.

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Guide Pricing Platform News 141

Tech.Co

MARCH 24, 2021

Getting your website noticed by local customers just got a whole lot easier for Wix users. The leasing website builder has announced an expanded partnership with Google to integrate Google My Business into the platform. To say Google is important when it comes to keeping your business relevant would be something of an understatement. The search engine powers an unmatched number of conversions, which makes it a vital tool for many businesses looking to reach as many new users as possible.

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Google Email Tool Guide 134

Tech.Co

FEBRUARY 19, 2021

It's been a big week for Jeff Bezos. Not only has he become the richest man in the world again, leapfrogging a certain Mr Musk, but it has also been revealed that Amazon has quietly acquired ecommerce platform Selz. Selz, run by a team of around 50 in Sydney, Australia, bills itself as a one-stop-shop for small businesses to start selling products and services online.

News 134

News Acquisition Platform Sales 134

Tech.Co

FEBRUARY 18, 2021

Companies all around the world use Trello to help manage projects and coordinate team tasks and responsibilities. However, 10 years after the software was first released, the kanban-based system is getting a major overhaul. New workflow views and features should make Trello more useful for a wider number of teams and businesses. Here's everything you need to know about the new-look Trello.

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Software Review Guide Technical Review Class 138

Tech.Co

DECEMBER 4, 2020

By Frank Gruber and Jen Consalvo. It’s with profound sadness we mourn the loss of a true visionary, author, mentor, thought-leader, investor, and friend, Tony Hsieh. Readers may be interested to know that Tech.co has a history with Tony, as he became an investor in the company in 2013, and built a lasting friendship with us as the Tech.co co-founders.

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