Fast-growing South African venture FARO raises $6M to source, refurbish and sell surplus clothing

Global fashion brands grapple with excess inventory. ASOS, for instance, had over £1.2 billion of unsold products in 2022.  Mostly, these brands avoid reselling in core markets like the UK…

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Ubisoft Founding Family and Tencent Are Considering a New Venture Using Some of Ubisoft’s Assets

The Guillemot family and Tencent Holdings Ltd. are considering starting a new venture using some of the Ubisoft assets, according to a new report. According to Bloomberg, the two parties…

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Tech Moves: Smartsheet and Zillow add VPs; Zenoti hires CFO; Meta taps product leader

Eva Schoenleitner, Smartsheet’s vice president of partner. (Smartsheet Photo) Eva Schoenleitner joined enterprise software giant Smartsheet as vice president of partner. Schoenleitner has extensive experience working in Europe and was…

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Did Elon Musk Pay a Gamer to Level a Character Up, Then Accidentally Kill It Permanently Due to Incompetence?

On January 7, multi-hyphenate billionaire Elon Musk took to his right-wing hate speech incubator X to stream an hour-long session of Path of Exile 2 (PoE 2), a recently released free-to-play…

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