Topic: business transition
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Marissa Mayer Shuts Down Sunshine Startup Lab
Sunshine, the AI firm founded by former Yahoo leader Marissa Mayer, is shutting down and transferring its assets to a new company called Dazzle, pending shareholder approval. The transition is supported by nearly all shareholders, and Sunshine's team is expected to move to Dazzle, which is develo...
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Marissa Mayer Shuts Down AI Startup, Sells Assets to New Venture
Marissa Mayer is shutting down her consumer software venture Sunshine and transferring its assets to a new AI company called Dazzle, which will focus on developing an AI personal assistant. Sunshine's products, including a contact management app and later AI-enhanced event and photo sharing featu...
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Maxus Coral Acquires E-City Retail Chain in Strategic Move
Maxus Coral, a UAE-based omnichannel technology distributor, has acquired the E-City retail chain from Albatha Retail & Home Products as part of its strategic expansion. E-City is a multi-brand electronics retailer offering over 100 leading brands in categories such as consumer electronics, compu...
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