Catcha Investment Corp 2.0 withdraws $250M IPO

Catcha Investment Corp 2.0, the second blank check company formed by Southeast Asian internet group Catcha Group, has withdrawn its plans for an initial public offering (IPO) in the United States.

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Accenture to Acquire Romp to Boost Brand Transformation Capabilities Across Southeast Asia

August 11, 2022

Accenture has agreed to acquire Indonesian brand and experience agency, Romp, which is renowned for its creative talent and innovative services across branding, creative and performance marketing. The move will strengthen Accenture Song’s (formerly Accenture Interactive) ability to deliver creative and tech-driven brand experiences for clients across Southeast Asia.

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Geopagos, an Argentinian Payment Infrastructure Company, Raises US$35M

August 11, 2022

Geopagos, an Argentinian technology startup whose clients are companies that want to launch or scale their payment acceptance business, announced the closing of a US$35 million round led by Riverwood Capital. Geopagos offers businesses,  different products related to payment acceptance, ranging from terminals to convert the mobile phone into a point of sale to the transformation of a company’s website into an e-commerce platform. Geopagos has clients across 15 Latin American countries, including Santander, BBVA, Itaú, Bac Credomatic, Niubiz, and Banco Estado de Chile.

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Meta Releases Lying, Offensive AI and Pretends to Be Surprised

November 23, 2022

Like trouble, bad behavior by Meta shows up whether you look for it or not.  The latest is an open-source language model that was supposed to provide reliable search results because it was trained on academic papers.  Alas, it was quickly withdrawn after reviewers found that it returned results that were grammatical and plausible but also incorrect, not to mention filled with “antisemitism, homophobia, and misogyny.”  How can this be a surprise?

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