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Facebook Enables WhatsApp Payments in Brazil

By
Alex Heath
· · Source: The Information

Facebook said Monday it would allow users in Brazil to send payments digitally over WhatsApp, marking the first country where the feature is being widely deployed. Brazil’s leading payments processor, Cielo, will help facilitate transactions between businesses and users on WhatsApp, while users will also be able to send money directly to each other using a roster of local banks. There will be...

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Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth Slows
By Natasha Mascarenhas and Stephanie Palazzolo · Sept. 28, 2023 6:40 PM PDT
Dave Rogenmoser, cofounder of Jasper. Photo via Getty.
Jasper AI, an early darling of the generative artificial intelligence boom, has cut the internal value of its common shares 20%, according to former employees who were notified by the company. The drop in Jasper’s internal valuation could indicate that the growth of its AI-powered writing tool for marketers has slowed since the company raised venture funding at a $1.5 billion valuation in...
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Former Apple design chief Jony Ive and OpenAI CEO Sam Altman. Photos by Getty.
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Y Combinator’s Garry Tan Goes to the Mat
By Kate Clark
Garry Tan was in his happy place. Surrounded by food trucks and techies basking in San Francisco’s September sun, the CEO of Y Combinator snapped selfies with entrepreneurs as he meandered through a crowd of 2,700 attendees at the startup accelerator’s annual alumni event.
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Europe Has Figured Out How to Tame Big Tech. Can the U.S. Learn Its Tricks?
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