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Amazon ‘roll-up’ businesses raise billions in fight for ascendancy

As Covid-19 lockdowns propelled record ecommerce growth in the final months of 2020, a new kind of online retailer began to attract investors. A handful of ecommerce “aggregators”, led by Massachusetts-based Thrasio, had together raised $1bn by the end of the year to buy up the most successful independent merchants on Amazon’s marketplace. That was when a…
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3 September 2021 0

China’s children are not the only ones addicted to video games

Games industry updates Sign up to myFT Daily Digest to be the first to know about Games industry news. The writer, a former head of the Number 10 Policy Unit, is a Harvard senior fellow Is it really so extreme? China’s crackdown on video gaming by under-18s seems to signal another attempt by the communist…
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3 September 2021 0

The cocktail party problem: Why voice tech isn’t truly useful yet

Ken Sutton Contributor Ken Sutton is CEO and co-founder of Yobe, a software company that uses edge-based AI to unlock the potential of voice technologies for modern brands. On average, men and women speak roughly 15,000 words per day. We call our friends and family, log into Zoom for meetings with our colleagues, discuss our…
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3 September 2021 0

Apple’s Labor Day delays

Technology sector updates Sign up to myFT Daily Digest to be the first to know about Technology sector news. This article is an on-site version of our #techFT newsletter. Sign up here to get the complete newsletter sent straight to your inbox every weekday The eve of the Labor Day weekend in the US is becoming a…
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3 September 2021 0