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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Fashion layoffs : Secondhand apparel marketplace Poshmark is now laying off employees just two months after being acquired by Naver, Kate reports. net loss for Q4 2022 by Christine Hall originally published on TechCrunch Discovery revealed that it lost another $2.1 billion in the fourth quarter. Lauren explains more. Rebecca has more.

.Net 246
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Fanatics reveals NFL was biggest backer in $1.5B round announced last month at $27B valuation

TechCrunch

Fanatics added that other major investors in the round included Major League Baseball (MLB) and its owners, the Major League Baseball Players Association (MLBPA), the NFL Players Association (NFLPA), the National Hockey League, Brooklyn Nets owner Joe Tsai via his fund Blue Pool Capital and the Qatar Investment Authority.

Sport 235
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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO

Retail customers are looking to achieve net zero goals by creating sustainable value chains and reducing the environmental impact of their operations,” says Marianne Röling, Vice President Global System Integrators, Microsoft. “TCS’ With 5G-enabled smart mirrors, a person can virtually try on apparel.

Retail 221
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Actual, which renders company ESG data in a SimCity-like platform, raises $5M seed

TechCrunch

Trying to deal with the huge amount of data associated with how companies are going to transition to a “net zero” economy is an uphill task. It also says it has companies like Allbirds, Giga and VF Corp (a global apparel and footwear co.), The interface of numbers would tax even the geekiest of CEOs.

Company 204
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Daily Crunch: AWS now accepting applications for its new 10-week generative AI accelerator

TechCrunch

Well that covers things : Jagmeet reports that Lightspeed backs Indian startup Zyod aiming to make apparel manufacturing more efficient. Cool cool cool : Magnets and water net Magnotherm a $6.9 To da stock exchange : Ron and Alex report that Klaviyo may be sniffing around looking to IPO later this year.

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Fitness startup Aarmy reinvents itself for a remote fitness world

TechCrunch

Beyond the classes, Aarmy has also launched an apparel business, selling a variety of fitness gear on its own website and via Net-a-Porter. In fact, the company says this side of the business has already brought in $450,000 in sales.

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As Allbirds goes public, sustainability is the mantra of the future

TechCrunch

It started with a humble, natural wool (and extremely comfortable) shoe, but Allbirds is not merely an apparel company today. Allbirds rings the bell on the Nasdaq? today and has chosen an apt ticker to do it: BIRD. It has now become a materials innovation company disrupting how clothes are made.