Darius | Startup & Tech News

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Darius | Startup & Tech News

Darius | Startup & Tech News

@dariusogenyi

founder @choclatenews | helping founders & VCs catch up on tech news so you’re ready for Monday.

Join 10+ other founders & VCs Katılım Kasım 2012
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ekram
ekram@ekrahm·
The bar for podcasts is way higher now. Guys like @davidsenra, @ti_morse and @dwarkesh_sp are setting a different standard. Dramatic rooms with nature, high ceilings, cinematic backdrops etc. Anything that still looks like a Zoom call or random livestream is honestly becoming unwatchable. Market is completely saturated with that slop. Production quality itself is starting to become a status signal.
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Darius | Startup & Tech News
PayPal just told investors it needs to become a technology company again. That sentence alone says everything about where the company has been. Here's what the turnaround actually looks like:
Darius | Startup & Tech News tweet media
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Avi Patel
Avi Patel@avipat_·
We have removed Kled from the Nigerian app store and IP banned the entire region. The first thing I would like to say is I have nothing against Nigeria. I have a ton of friends from this region and these were some of our earliest app adopters. Genuinely, thank you all for the support. Kled has been up and running and out of beta for 4 months now. We have paid out hundreds of thousands of people for their data, and our users have uploaded over 1 billion assets onto our platform. After several months of uploads we found that Nigeria had a ≈95% fraud rate. Instead of real, usable data, users were uploading pictures of black screens, duplicate photos, internet generated images, AI generated images, etc. at an unimaginable scale. In comparison, Malaysia, Indonesia, and the Philippines have a less than 10% fraud rate across 10x the userbase size. Our fraud system is fast to catch these issues but the level of complexity of these schemes is getting out of hand. This weekend we were flooded with thousands of fake Japanese passports and identity cards with Nigerians photoshopped onto them in our KYC system. That was the final straw. As a startup we can't afford to eat the costs of that data overhead, so we temporarily removed the app from the region while we improved our fraud detection and banning system to quickly filter out bad actors when the time is right. On top of all of this, every time we make a post there is someone asking us to bring the region back within seconds. We hear you, but it's gotten out of hand. We've made this decision with great care. We love everyone who has genuinely supported Kled from Nigeria, and we hope to return when the time is right. -Kled Team
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Darius | Startup & Tech News
Amazon now offers logistics as a service. Essentially doing to logistics what AWS did to corporate computing. Here's what Amazon Supply Chain Services will do to the logistics industry:
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