Friday, March 31, 2023

Ethicists fire back at ‘AI Pause’ letter they say ‘ignores the actual harms’

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A group of well-known AI ethicists have written a counterpoint to this week’s controversial letter asking for a 6-month “pause” on AI development, criticizing it for a focus on hypothetical future threats when real harms are attributable to misuse of the tech today. Thousands of people, including such familiar names as Steve Wozniak and Elon […]

Ethicists fire back at ‘AI Pause’ letter they say ‘ignores the actual harms’ by Devin Coldewey originally published on TechCrunch

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Daily Crunch: Citing data privacy concerns, Italy temporarily bans ChatGPT

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Citing data privacy concerns, Italy temporarily bans ChatGPT by Christine Hall originally published on TechCrunch

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NASA’s DAGGER could give advance warning of the next big solar storm

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There’s enough trouble on this planet already that we don’t need new problems coming here from the sun. Unfortunately, we can’t yet destroy this pitiless star, so we are at its mercy. But NASA at least may soon be able to let us know when one of its murderous flares is going to send our […]

NASA’s DAGGER could give advance warning of the next big solar storm by Devin Coldewey originally published on TechCrunch

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24 hours left to save $200 on TC Early Stage tickets

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TechCrunch Early Stage is less than three weeks away from kicking off on April 20 in the Hub of the Universe – Boston. That’s just one of Boston’s nicknames. Who knew? But listen up, because in less than 24 hours you’ll miss out on saving some big-time cash if you don’t take advantage of our […]

24 hours left to save $200 on TC Early Stage tickets by Alexandra Ames originally published on TechCrunch

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Twitter reveals some of its source code, including its recommendation algorithm

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As repeatedly promised by Twitter CEO Elon Musk, Twitter has opened a portion of its source code, including the algorithm it uses to recommend tweets in users’ timelines, for inspection. On GitHub, Twitter published two repositories containing the source code for many parts of the social network, including the mechanism it uses to control the […]

Twitter reveals some of its source code, including its recommendation algorithm by Kyle Wiggers originally published on TechCrunch

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Netflix restructures its film units, aiming to make fewer (but better) original movies

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Netflix is restructuring its film units and vowing to make fewer but better movies, according to a new report from Bloomberg, which Netflix partially confirmed. The report said the streaming giant is combining film units that produce small and midsize films, resulting in a handful of layoffs, including two longtime executives. Netflix told TechCrunch that […]

Netflix restructures its film units, aiming to make fewer (but better) original movies by Aisha Malik originally published on TechCrunch

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Thursday, March 30, 2023

EV company Canoo agrees to $1.5M settlement with SEC

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Electric vehicle startup Canoo has agreed to a $1.5 million settlement with the U.S. Securities and Exchange Commission, according to a regulatory filing. The SEC began investigating Canoo in May 2021, just a few months after the company merged with special purpose acquisition company Hennessy Capital Acquisition Corp. The investigation covered the Hennessy’s IPO and […]

EV company Canoo agrees to $1.5M settlement with SEC by Rebecca Bellan originally published on TechCrunch

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Daily Crunch: Ledger locks down another $108M to double down on hardware crypto wallets

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Ledger locks down another $108M to double down on hardware crypto wallets by Christine Hall originally published on TechCrunch

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Virgin Orbit burns up in uncontrolled descent

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Virgin Orbit is laying off around 85% of its workforce in order to further reduce expenses, after the troubled space company said it was unable to secure additional funding to keep it afloat. The news, which Virgin Orbit filed with the U.S. Securities and Exchange Commission Thursday, comes just two weeks after the company furloughed […]

Virgin Orbit burns up in uncontrolled descent by Aria Alamalhodaei originally published on TechCrunch

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I played the anime dating sim that does your taxes for you

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Yes, there is an anime dating sim that does your taxes, and it actually works. Tax Heaven 3000 is a game produced by MSCHF, the venture-funded creative studio behind projects like Push Party, the Lil Nas X blood shoes, the big red Astro Boy boots and Dead Startup Toys. Basically, they just make a bunch […]

I played the anime dating sim that does your taxes for you by Amanda Silberling originally published on TechCrunch

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Crypto market cap unaffected on the week amid more US lawsuits

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If you thought last week was crazy with the SEC clamping down on major crypto companies like Coinbase and Tron, you should buckle up for this week’s news.

Crypto market cap unaffected on the week amid more US lawsuits by Jacquelyn Melinek originally published on TechCrunch

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Netflix’s ad-supported plan comes to Apple TV after months of delay

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When Netflix launched its ad-supported plan four months ago, there were a few devices the plan didn’t support — Apple TV being one of them. Starting this week, the cheaper tier is available in the Netflix tvOS app. A Reddit user that goes by websgeisti noticed the update yesterday. The user noted that Netflix’s Basic […]

Netflix’s ad-supported plan comes to Apple TV after months of delay by Lauren Forristal originally published on TechCrunch

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Yeah, of course, YC’s winter class is oozing with AI companies

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While some startups are reinventing the wheel, most are looking to build nuanced use cases of AI. It would be weirder if they weren't.

Yeah, of course, YC’s winter class is oozing with AI companies by Rebecca Szkutak originally published on TechCrunch

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Smoakland is testing a loophole to sell cannabis by credit card

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What do you do when you have a very successful and popular product (marijuana) that is legal in some places, but federally has been a Schedule 1 drug since 1970? Well, you can’t rely on any national institutions as your business partners. One of the major places that shows up is in payments and payment […]

Smoakland is testing a loophole to sell cannabis by credit card by Haje Jan Kamps originally published on TechCrunch

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That was fast! Microsoft slips ads into AI-powered Bing Chat

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Microsoft is “exploring” putting ads in the responses given by Bing Chat, its new search agent powered by OpenAI’s GPT-4. While these sponsored responses are clearly labeled as such, it does make one question how far we’ve really come from the old model of ads on search engines. Microsoft confirmed this is happening, albeit in […] That was fast! Microsoft slips ads into AI-powered Bing Chat by Devin Coldewey originally published on TechCrunch
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Wednesday, March 29, 2023

Lyft might drop shared rides, stay focused on basics under new CEO

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Lyft might once again drop its shared rides offering, just one of several changes the company’s newly appointed CEO could make in a bid to focus on its core ride-hailing business and become profitable. David Risher, who is taking over as Lyft’s CEO in mid-April, told TechCrunch in a wide ranging interview that other features […]

Lyft might drop shared rides, stay focused on basics under new CEO by Rebecca Bellan originally published on TechCrunch

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Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK by Christine Hall originally published on TechCrunch

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That was fast! Microsoft slips ads into AI-powered Bing Chat

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Microsoft is “exploring” putting ads in the responses given by Bing Chat, its new search agent powered by OpenAI’s GPT-4. While these sponsored responses are clearly labeled as such, it does make one question how far we’ve really come from the old model of ads on search engines. Microsoft confirmed this is happening, albeit in […]

That was fast! Microsoft slips ads into AI-powered Bing Chat by Devin Coldewey originally published on TechCrunch

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Irrigreen’s precision sprinklers prevent water waste and wet legs

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Investors just pumped millions into Irrigreen, a startup vying to quench America’s thirsty lawns with “approximately 50% less water.” Seed investor Ulu led the $15 million funding round. Two tech investors that are focused on water conservation — Burnt Island and Echo River — also chipped in, among a handful of others. The San Francisco–based […]

Irrigreen’s precision sprinklers prevent water waste and wet legs by Harri Weber originally published on TechCrunch

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

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According to David Wechsler, a principal at OMERS Ventures, “having an embedded strategy is not required for venture funding.”

6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech by Anna Heim originally published on TechCrunch

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Online used-car marketplace Shift cuts workforce 30% following CarLotz merger

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Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate duplicate positions following its merger with CarLotz, CEO Jeff Clementz said during an earnings call. The layoffs came as the company saw its revenue plummet in the fourth quarter and its […]

Online used-car marketplace Shift cuts workforce 30% following CarLotz merger by Kirsten Korosec originally published on TechCrunch

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All the tech and features in the all-electric Kia EV9 SUV

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Kia revealed Tuesday the next EV in its portfolio, a three-row flagship SUV called the EV9 that is packed with tech and a key product in the company’s mission to reach annual sales of 1.2 million battery electric vehicles by 2030. The South Korean automaker didn’t disclose pricing, but it did provide numerous details on […] All the tech and features in the all-electric Kia EV9 SUV by Kirsten Korosec originally published on TechCrunch
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Tuesday, March 28, 2023

The market has changed, but super-voting shares are here to stay, says Mr. IPO

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Yesterday, the ride-sharing company Lyft said its two co-founders, John Zimmer and Logan Green, are stepping down from managing the company’s day-to-day operations, though they are retaining their board seats. According to a related regulatory filing, they actually need to hang around as “service providers” to receive their original equity award agreements. (If Lyft is sold […]

The market has changed, but super-voting shares are here to stay, says Mr. IPO by Connie Loizos originally published on TechCrunch

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StellarFi lands $15M to help people build credit by paying bills, rent on time

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Building credit is hard when it’s difficult to even get credit. And while it’s not impossible to get loans or credit cards, they are usually offered at high interest rates to the people who can least afford to pay them. One Austin-based startup is out to help people build — or get — credit without […]

StellarFi lands $15M to help people build credit by paying bills, rent on time by Mary Ann Azevedo originally published on TechCrunch

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Daily Crunch: Zoom’s new AI-powered features include whiteboard generation and meeting summaries

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Zoom’s new AI-powered features include whiteboard generation and meeting summaries by Christine Hall originally published on TechCrunch

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Covariant’s CEO on building AI that helps robots learn

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Covariant was founded in 2017 with a simple goal: helping robots learn how to better pick up objects. It’s a large need among those looking to automate warehouses, and one that is much more complex than it might appear. Most of the goods we encounter have traveled through a warehouse at some point. It’s an […]

Covariant’s CEO on building AI that helps robots learn by Brian Heater originally published on TechCrunch

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New ‘Tears of the Kingdom’ video shows Zelda doubling down on an interactive world

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One of Breath of the Wild’s best features is coming back in a big way. In a new preview of The Legend of Zelda: Tears of the Kingdom, producer Eiji Aonuma shows off 10 minutes of gameplay from the eagerly anticipated (to put it lightly) sequel to 2017’s hit. The video dips into a little […]

New ‘Tears of the Kingdom’ video shows Zelda doubling down on an interactive world by Taylor Hatmaker originally published on TechCrunch

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Saildrone takes the wraps off its Voyager autonomous research vessel

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Saildrone has quickly risen to the surface of the growing field of autonomous seagoing vehicles — a category you could be forgiven for not knowing about, but which is increasingly important across numerous industries. Its latest vessel, the Voyager, strikes a balance between its shorter Explorer and large-scale Surveyor, and they’re already making one a […]

Saildrone takes the wraps off its Voyager autonomous research vessel by Devin Coldewey originally published on TechCrunch

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Google Search is adding new ‘Perspectives’ and ‘About this author’ features to help users verify info

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Google is introducing new ways for users to verify information on Search, the company announced on Tuesday. The search giant is launching new features called “Perspectives” and “About this author,” while also expanding some of its current tools, including “About this result.” The new Perspectives feature is a carousel that will appear below Top Stories […]

Google Search is adding new ‘Perspectives’ and ‘About this author’ features to help users verify info by Aisha Malik originally published on TechCrunch

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Apple tvOS 16.4 update gives light-sensitive users a ‘Dim Flashing Lights’ feature

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Apple released the tvOS 16.4 update to the public yesterday, bringing various improvements to the system, including a new “Dim Flashing Light” feature. The new accessibility option can detect flashes of light or strobe effects and then automatically dim the display of a video. The “Dim Flashing Light” feature is notable as it will likely […]

Apple tvOS 16.4 update gives light-sensitive users a ‘Dim Flashing Lights’ feature by Lauren Forristal originally published on TechCrunch

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Ask Sophie: What to do if selected/not selected in H-1B lottery?

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U.S. Citizenship and Immigration Services received enough electronic lottery registrations to max out the number of H-1Bs that can be allocated in the new fiscal year.

Ask Sophie: What to do if selected/not selected in H-1B lottery? by Jenna Routenberg originally published on TechCrunch

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Microsoft lets generative AI loose on cybersecurity

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As a part of its continued quest to inject generative AI into all its products, Microsoft today introduced Security Copilot, a new tool that aims to “summarize” and “make sense” of threat intelligence. In a light-on-the-details announcement, Microsoft pitched Security Copilot as a way to correlate data on attacks while prioritizing security incidents. Countless tools […]

Microsoft lets generative AI loose on cybersecurity by Kyle Wiggers originally published on TechCrunch

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Casetify launches iPhone cases that look like Crocs with Jibbtiz. Yes, for real.

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Have you ever wanted an iPhone case that looks like a pair of Crocs? You know, the ugly-but-comfy slip-on shoes covered in holes that you can optionally decorate with colorful push-pins? You haven’t? Well, apparently some designer at smartphone case maker Casetify saw a pair of Crocs and thought to themselves, wow, that would make […] Casetify launches iPhone cases that look like Crocs with Jibbtiz. Yes, for real. by Sarah Perez originally published on TechCrunch
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Monday, March 27, 2023

Daily Crunch: Twitter tells GitHub to remove proprietary source code and help them ID who posted it

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Twitter tells GitHub to remove proprietary source code and help them ID who posted it by Christine Hall originally published on TechCrunch

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Disrupt 2023 — we’re shipping a big new release

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If the past few years, and even the past week, has reminded us soundly of anything – it’s that the startup world will never be predictable.  To meet the changing startup landscape, we’re refreshing and re-imagining TechCrunch Disrupt 2023 in a big way with more of what you love and new ways to accelerate your […]

Disrupt 2023 — we’re shipping a big new release by Matthew Panzarino originally published on TechCrunch

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Casetify launches iPhone cases that look like Crocs with Jibbtiz. Yes, for real.

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Have you ever wanted an iPhone case that looks like a pair of Crocs? You know, the ugly-but-comfy slip-on shoes covered in holes that you can optionally decorate with colorful push-pins? You haven’t? Well, apparently some designer at smartphone case maker Casetify saw a pair of Crocs and thought to themselves, wow, that would make […]

Casetify launches iPhone cases that look like Crocs with Jibbtiz. Yes, for real. by Sarah Perez originally published on TechCrunch

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As Elliott withdraws Salesforce board nominations, activist pressure could be easing

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When Elliott announced it was withdrawing its slate of Salesforce board candidates, it seems that some activist pressure had been lifted.

As Elliott withdraws Salesforce board nominations, activist pressure could be easing by Ron Miller originally published on TechCrunch

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Epic Games produces documents in antitrust case showing Googlers avoiding its litigation hold

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In a new filing in Epic Games’ antitrust case against Google, lawyers for the plaintiffs have submitted a number of exhibits that attempt to demonstrate Google employees’ tendency to switch off chat history on internal discussions. Epic believes this behavior is meant to destroy sensitive communications related to its lawsuit, but it’s not the only […]

Epic Games produces documents in antitrust case showing Googlers avoiding its litigation hold by Sarah Perez originally published on TechCrunch

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The first round of Disney layoffs begins this week, CEO Bob Iger shares in memo

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In February, Disney CEO Bob Iger told shareholders in an earnings call that the company plans to lay off 7,000 employees as part of a significant restructuring. Today, in an internal memo to employees, which TechCrunch was able to obtain, Iger revealed that there will be three rounds of layoffs, with the first beginning this […]

The first round of Disney layoffs begins this week, CEO Bob Iger shares in memo by Lauren Forristal originally published on TechCrunch

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Alibaba founder Jack Ma returns to China after a year of uncertainty

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Jack Ma’s whereabouts are making headlines again roughly a year after the billionaire founder of Alibaba disappeared from the public eye. Bloomberg reported Monday that Ma had chosen to stay abroad despite China’s efforts to restore confidence in entrepreneurs, citing unnamed sources. Within hours, however, news surfaced that Ma actually visited an Alibaba-funded K-12 school […]

Alibaba founder Jack Ma returns to China after a year of uncertainty by Rita Liao originally published on TechCrunch

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GitHub takes down repository containing Twitter’s source code

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Microsoft-owned GitHub took down a repository by a user named “FreeSpeechEnthusiast” that contained proprietary source code to Twitter after the social network filed a DCMA takedown request. The username certainly seems to be a jab at Twitter owner Elon Musk, who has claimed to be a “free speech absolutist” many times. On Friday, Twitter filed […]

GitHub takes down repository containing Twitter’s source code by Ivan Mehta originally published on TechCrunch

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Activist investor Elliott ditches director nomination plans for Salesforce

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Activist investor Elliott Investment Management won’t be proceeding with plans to nominate its own directors to Salesforce’s board, citing improved performance and a clearer “focus on value creation” from the enterprise software company. Elliott is one of five activist investors within Salesforce’s ranks, after buying a multi-billion dollar stake in the company at the turn […]

Activist investor Elliott ditches director nomination plans for Salesforce by Paul Sawers originally published on TechCrunch

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Sunday, March 26, 2023

Pinterest brings shopping capabilities to Shuffles, its collage-making app

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Pinterest announced today that it’s testing ways to integrate Shuffles collage content into Pinterest, starting with shopping. Shuffles, which is Pinterest’s collage-making app, launched to general public last November. To use Shuffles, users build collages using Pinterest’s own photo library or by snapping photos of objects they want to include with their iPhone’s camera. The […]

Pinterest brings shopping capabilities to Shuffles, its collage-making app by Aisha Malik originally published on TechCrunch

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Why this round of tech-optimism feels different

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One of my most joyous technology memories concerns Project Origami. The effort from Microsoft, Intel and others launched ultra-mobile PCs, or UMPCs. The devices, akin to squeezing a full Windows machine into something about the size of an midrange iPad often complete with a physical keyboard, utterly fascinated me back around 2006. At that time […]

Why this round of tech-optimism feels different by Alex Wilhelm originally published on TechCrunch

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Pinterest brings shopping capabilities to Shuffles, its collage-making app

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Pinterest announced today that it’s testing ways to integrate Shuffles collage content into Pinterest, starting with shopping. Shuffles, which is Pinterest’s collage-making app, launched to general public last November. To use Shuffles, users build collages using Pinterest’s own photo library or by snapping photos of objects they want to include with their iPhone’s camera. The […]

Pinterest brings shopping capabilities to Shuffles, its collage-making app by Aisha Malik originally published on TechCrunch

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Are solo GPs screwed?

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Entrepreneur Ankur Nagpal raised a $70 million venture fund last year, called Vibe Capital, from over 200 investors. But now, as the market shifts and LPs are less interested in venture capital, the Ocho founder is shrinking the fund side by roughly 43%, canceling capital calls, and, ultimately, sending back money that had already been […] Are solo GPs screwed? by Natasha Mascarenhas originally published on TechCrunch
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Saturday, March 25, 2023

Just 7 days until the TC Early Stage early bird flies away

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Budget-minded entrepreneurs and early-stage startup founders take heed — this is no time to procrastinate. We have only 7 days left of early-bird pricing to TechCrunch Early Stage 2023 in Boston on April 20. Don’t wait…the early bird gets the…SAVINGS: Buy a $249 founder pass and save $200 before prices increase on April 1 — […]

Just 7 days until the TC Early Stage early bird flies away by Alexandra Ames originally published on TechCrunch

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The tide has shifted for solo GPs

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Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. It’s hard to be proactive after the tide has already shifted. However, that’s what we’re seeing happen in the solo GP world, where investors, hearing […]

The tide has shifted for solo GPs by Natasha Mascarenhas originally published on TechCrunch

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Woolly introduces a Twitter and TweetDeck-inspired Mastodon app

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The slow but steady Twitter exodus has brought a new abundance of third-party Mastodon apps like Ivory, Mammoth and Ice Cubes that connect users to the increasingly popular open source and decentralized social network. Today, we can add one more app to that list with the launch of Woolly, another solidly built iOS Mastodon client […] Woolly introduces a Twitter and TweetDeck-inspired Mastodon app by Sarah Perez originally published on TechCrunch
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Friday, March 24, 2023

Just 7 days until the TC Early Stage early bird flies away

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Budget-minded entrepreneurs and early-stage startup founders take heed — this is no time to procrastinate. We have only 7 days left of early-bird pricing to TechCrunch Early Stage 2023 in Boston on April 20. Don’t wait…the early bird gets the…SAVINGS: Buy a $249 founder pass and save $200 before prices increase on April 1 — […]

Just 7 days until the TC Early Stage early bird flies away by Alexandra Ames originally published on TechCrunch

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Rocket Lab reveals big supplier deal with mystery mega constellation customer

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Rocket Lab has proven that it’s much more than a launch company: One glance at the company’s most recent earnings presentation shows as much, since in 2022, its space systems business, which designs, manufactures and sells satellite components and spacecraft, brought in over 70% of company revenue compared to launch, at $150.3 million versus $60.7 […]

Rocket Lab reveals big supplier deal with mystery mega constellation customer by Aria Alamalhodaei originally published on TechCrunch

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Daily Crunch: Binance reopens after bug forces platform to suspend spot trading, deposits and withdrawals

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Binance reopens after bug forces platform to suspend spot trading, deposits and withdrawals by Christine Hall originally published on TechCrunch

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Framework refines its laptops and adds a cute way to reuse old parts

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Framework is one of a few companies leading the charge against disposable electronics, in particular laptops. It just showed off some new models, but also a unique case that you can slot your old parts into to form a new (old) desktop or home media PC. After reviewing last year’s Framework 13 and finding it […]

Framework refines its laptops and adds a cute way to reuse old parts by Devin Coldewey originally published on TechCrunch

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Threading the needle: Exploring 5 ideas with the founders of LGBT+ VC

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Silicon Valley’s full of people from all walks of life, but very little of its wealth is distributed evenly, especially so when it concerns the LGBTQ community.

Threading the needle: Exploring 5 ideas with the founders of LGBT+ VC by Dominic-Madori Davis originally published on TechCrunch

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FTC proposes new rule to make it easier to cancel free trials and subscriptions

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The Federal Trade Commission has proposed a new “click to cancel” rule that would make it easier for consumers to cancel free trials, auto-renewals and subscriptions. The proposed rule change covers both digital and physical subscriptions, and would apply to gym memberships, streaming services, cable TV, newspapers and more. The “click to cancel” provision would […]

FTC proposes new rule to make it easier to cancel free trials and subscriptions by Aisha Malik originally published on TechCrunch

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TechCrunch+ roundup: 20 questions VCs ask, crypto compliance tips, Indian investor survey

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There are a ton of barriers to launching a startup, but impostor syndrome need not be one of them.

TechCrunch+ roundup: 20 questions VCs ask, crypto compliance tips, Indian investor survey by Walter Thompson originally published on TechCrunch

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Dylibso raises $6.6M to help developers take WebAssembly to production

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WebAssembly (Wasm for short) is an open standard that enables browser-based applications to run with near-native performance. It has also expanded to support non-browser environments, which is what is driving a lot of the recent hype around it. But like any emerging technology, it needs a stronger tooling ecosystem to realize its full potential. One […]

Dylibso raises $6.6M to help developers take WebAssembly to production by Frederic Lardinois originally published on TechCrunch

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Today’s cost-conscious business climate could give RPA a boost

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One way to make your staffing cheaper is to reduce it. Another is to make it more productive. That's where robotic process automation comes in.

Today’s cost-conscious business climate could give RPA a boost by Anna Heim originally published on TechCrunch

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SEC clamps down on Coinbase and Tron, while Do Kwon is arrested overseas

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To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Welcome back to Chain Reaction. It was a big week in the crypto world as the U.S. Securities and Exchange Commission clamped down on major crypto companies like Coinbase and Tron […] SEC clamps down on Coinbase and Tron, while Do Kwon is arrested overseas by Jacquelyn Melinek originally published on TechCrunch
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Thursday, March 23, 2023

Startup says the seaweed blobbing toward Florida has a silver lining

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A brown macroalgae native to the Atlantic’s Sargasso Sea is increasingly a menace to coastal ecosystems and communities across the Gulf of Mexico, ever since mats of the normally beneficial seaweed (known as sargassum) exploded in numbers in 2011. This is the backdrop for Carbonwave, which recently raised $5 million to put the hulking algae […]

Startup says the seaweed blobbing toward Florida has a silver lining by Harri Weber originally published on TechCrunch

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Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: In SEC filing, Accenture reveals plans to dismiss 19,000 workers over the next 18 months by Christine Hall originally published on TechCrunch

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Coinbase execs weigh in on the crypto’s future in US amid regulatory scrutiny

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If the crypto industry doesn’t get clear rules of the road, expertise will move offshore, experts say.

Coinbase execs weigh in on the crypto’s future in US amid regulatory scrutiny by Jacquelyn Melinek originally published on TechCrunch

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TikTok questioned on ineffective teen time limits in Congressional hearing

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In hopes of heading off concerns over the addictiveness of its app, TikTok earlier this month rolled out new screen time controls that limited minors under the age of 18 to 60-minute daily screen time limits. But in a Congressional hearing today before the House Committee on Energy and Commerce, TikTik CEO Shou Zi Chew was […]

TikTok questioned on ineffective teen time limits in Congressional hearing by Sarah Perez originally published on TechCrunch

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TikTok called out for misusing Citizen Lab research

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TikTok CEO Shou Zi Chew was questioned in a U.S. government hearing on Thursday over the relationship between the fast-growing social media platform and its Chinese parent company, ByteDance. In Chew’s pre-written opening statement, the chief executive cited a report from internet watchdog Citizen Lab, saying that “there was no overt data transmission by TikTok […]

TikTok called out for misusing Citizen Lab research by Amanda Silberling originally published on TechCrunch

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ChatGPT: Everything you need to know about the AI-powered chatbot

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ChatGPT, OpenAI’s text-generating AI system, has taken the world by storm. It’s able to write essays, code and more given short text prompts, hyper-charging productivity. But it also has a more…nefarious side. In any case, the tech’s not going away — and indeed has expanded dramatically since its launch just a few months ago. Major […]

ChatGPT: Everything you need to know about the AI-powered chatbot by Alyssa Stringer originally published on TechCrunch

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Apple reportedly plans to spend $1B a year to release Apple TV+ movies in theaters

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Apple may be partnering with studios to put more titles in theaters, a plan that could cost $1 billion a year. Typically, Apple’s original movies have either received small theatrical runs or been exclusive to Apple TV+. So, the potential investment would be a notable increase and signals a major shift in the streamer’s strategy. […]

Apple reportedly plans to spend $1B a year to release Apple TV+ movies in theaters by Lauren Forristal originally published on TechCrunch

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Daily Crunch: GitHub CEO says new code completion tool ‘brings the fun back to programming’

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: GitHub CEO says new code completion tool ‘brings the fun back to programming’ by Christine Hall originally published on TechCrunch
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Wednesday, March 22, 2023

Southeast Asian credit fintech Kredivo scores $270M Series D

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The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in what it says was an oversubscribed Series D. The round was led by Japanese bank Mizuho Bank, a subsidiary […]

Southeast Asian credit fintech Kredivo scores $270M Series D by Catherine Shu originally published on TechCrunch

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Epic launches Unreal Editor for Fortnite, will give 40% of all revenue to creators

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Epic Games announced a new system for paying creators on Fortnite, the ultra-popular, free-to-download battle royale game. Announced on Wednesday at the Game Developers Conference, Epic will now share 40% of Fortnite revenue with anyone who design “islands” in the game. This includes money that Epic earns from the purchase of V-Bucks (in-game currency), real […]

Epic launches Unreal Editor for Fortnite, will give 40% of all revenue to creators by Amanda Silberling originally published on TechCrunch

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Adobe’s thoughts on the ethics of AI-generated images (and paying its contributors for them)

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“We’re at a tipping point where AI is going to break trust in what you see and hear — and democracies can’t survive when people don’t agree on facts. You have to have a baseline of understanding of facts,” Dana Rao, Adobe’s general counsel and chief trust officer, told me. And while that’s not necessarily a new observation, […]

Adobe’s thoughts on the ethics of AI-generated images (and paying its contributors for them) by Frederic Lardinois originally published on TechCrunch

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Daily Crunch: GitHub CEO says new code completion tool ‘brings the fun back to programming’

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: GitHub CEO says new code completion tool ‘brings the fun back to programming’ by Christine Hall originally published on TechCrunch

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Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’

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American crypto giant Coinbase received a Wells notice today from the Securities and Exchange Commission (SEC). In the wake of Coinbase’s filing regarding the Wells notice, shares of the company are off sharply in after-hours trading. Per a Coinbase SEC filing regarding the matter, the company writes that the government agency’s staff has “advised the Company […]

Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’ by Alex Wilhelm originally published on TechCrunch

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Beloved hacking veteran Kelly ‘Aloria’ Lum passes away at 41

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Kelly Lum, better known in hacking circles as Aloria, passed away on Sunday. Aloria was a veteran of the cybersecurity community, especially the one in New York, her home for many years. The Twitter account of the New York City security conference SummerCon announced her death on Monday, prompting a seemingly endless list of people […]

Beloved hacking veteran Kelly ‘Aloria’ Lum passes away at 41 by Lorenzo Franceschi-Bicchierai originally published on TechCrunch

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Europe tools up for the repairable future

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The European Commission has laid out another piece of its Circular Economy Action Plan today — adopting a proposal to set common EU rules which are intended to make it easier for consumers to get faulty products repaired. The “right to repair” measures are aimed at reducing e-waste by preventing repairable products from being prematurely […]

Europe tools up for the repairable future by Natasha Lomas originally published on TechCrunch

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Shadow wants to make game demos cool again with cloud computing

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Shadow is introducing some new use cases for its cloud computing service at the Game Developers Conference. In particular, the company wants to partner with game publishers so that they can create virtual booths to showcase game demos. While Shadow now offers several services, the company is better known for its cloud computing service for […]

Shadow wants to make game demos cool again with cloud computing by Romain Dillet originally published on TechCrunch

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Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow

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Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing collectibles market thanks to Ordinals,” Zhuoxun Yin, COO and co-founder […] Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow by Jacquelyn Melinek originally published on TechCrunch
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Tuesday, March 21, 2023

Daily Crunch: Bing allows users to generate images using ‘very latest DALL-E models’

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Bing allows users to generate images using ‘very latest DALL-E models’ by Christine Hall originally published on TechCrunch

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Bionic Health raises $3M for its AI health clinic using GPT-4 and other ML models to design better preventative care

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The worlds of technology and medicine are making big bets on AI playing a central role in the delivery of healthcare in the future. Today a startup out of Durham, NC, called Bionic Health —  built by two early movers in the commercializing of AI — is throwing its hat into that ring to build […]

Bionic Health raises $3M for its AI health clinic using GPT-4 and other ML models to design better preventative care by Ingrid Lunden originally published on TechCrunch

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Nvidia partners with Google Cloud to launch AI-focused hardware instances

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In partnership with Google, Nvidia today launched a new cloud hardware offering, the L4 platform, optimized to run video-focused applications. Available in private preview on Google Cloud through Google’s G2 virtual machines, Nvidia says that the L4 platform is designed to accelerate “AI-powered” video performance. Serving as a general-purpose GPU, L4 delivers video decoding as […]

Nvidia partners with Google Cloud to launch AI-focused hardware instances by Kyle Wiggers originally published on TechCrunch

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Amazon kills DPReview, the best camera review site on the web

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After 25 years of extremely detailed reviews of digital cameras and accessories, the irreplaceable DPReview is being shut down by Amazon as the company proceeds with a new round of layoffs. DPReview was founded in 1998 in England, and bought by Amazon in 2010, which relocated the team to Seattle to be closer to its […]

Amazon kills DPReview, the best camera review site on the web by Devin Coldewey originally published on TechCrunch

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Making more mammoths with Ben Lamm from Colossal

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Welcome back to Found, where we get the stories behind the startups. This week Darrell and Becca are joined by Ben Lamm, the founder and CEO of Colossal, a genetics startup that looks to bring extinct species back to life to help with environmental conservation efforts. Ben talked about how he got to this point […]

Making more mammoths with Ben Lamm from Colossal by Rebecca Szkutak originally published on TechCrunch

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SaaS is still open for business, but it’s going to take longer to buy and sell

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The bottom line? In 2023, SaaS is still open for business, it’s just going to take longer to buy and sell.

SaaS is still open for business, but it’s going to take longer to buy and sell by Walter Thompson originally published on TechCrunch

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WhatsApp’s new feature gives admins an easier way to control who can join a group

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Meta CEO Mark Zuckerberg has announced an update for groups on WhatsApp that is designed to give admins more control over who can join a group. Zuckerberg also revealed a feature that makes it easier for users to discover which groups they have in common with someone. The company says it wanted to give admins […]

WhatsApp’s new feature gives admins an easier way to control who can join a group by Aisha Malik originally published on TechCrunch

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Spotify brings its new audiobooks service to Canada

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Spotify’s still relatively new audiobooks service is expanding to Canada, the company announced today, bringing the experience to both English and French-speaking customers. Launched last fall, Spotify initially debuted audiobooks to U.S. users only with a catalog of some 300,000 titles. It later rolled out the option to shop audiobooks to other English-speaking markets back in […]

Spotify brings its new audiobooks service to Canada by Sarah Perez originally published on TechCrunch

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Pickle launches its truck unloading robot arm

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Somewhere along the way, ProMat turned into a robotics show. It’s no surprise, of course. Logistics and automation go hand in hand these days. In the decade since Amazon absorbed Kiva, same- and next-day delivery have become an industry standard. Retailers who can’t match those once impossible speeds are destined to fall behind — and […] Pickle launches its truck unloading robot arm by Brian Heater originally published on TechCrunch
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Monday, March 20, 2023

Duolingo is working on a music app

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Duolingo, a language learning app with over 500 million users, is working on a music app, TechCrunch has learned. The Pittsburgh-based tech company currently has a small team working on a music product and is hiring a learning scientist who is an “expert in music education who combines both theoretical knowledge of relevant learning science […]

Duolingo is working on a music app by Natasha Mascarenhas originally published on TechCrunch

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When it comes to early-stage growth marketing, it’s often better to imitate than innovate

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While trying to gain traction, most of your time and attention should be focused on imitating successful marketing tactics.

When it comes to early-stage growth marketing, it’s often better to imitate than innovate by Walter Thompson originally published on TechCrunch

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Daily Crunch: Amazon CEO says laying off 9,000 more workers ‘is best for the company long-term’

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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Amazon CEO says laying off 9,000 more workers ‘is best for the company long-term’ by Christine Hall originally published on TechCrunch

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Twitch says it will lay off 400 employees

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Twitch announced plans to reduce its workforce on Monday, demonstrating that even the booming streaming site isn’t immune to the reductions that have swept the tech industry in the last six months. The layoffs will affect 400 employees at the company and were characterized as an effort to improve Twitch’s business outlook in the long […]

Twitch says it will lay off 400 employees by Taylor Hatmaker originally published on TechCrunch

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Aembit raises $16.6M to bring identity management to workloads

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Aembit, a Maryland-based security startup that focuses on helping DevOps and security teams manage how federated workloads talk to each other, is officially launching its service today and announcing a $16.6 million seed funding round from Ballistic Ventures and Ten Elven Ventures. In essence, Aembit’s workload identity and access management service applies industry knowledge, from […]

Aembit raises $16.6M to bring identity management to workloads by Frederic Lardinois originally published on TechCrunch

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Polygon and Immutable partner to help onboard more gamers and developers into web3

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Web3 gaming firm Immutable and layer-2 blockchain Polygon partnered to accelerate development and adoption in the crypto gaming space.

Polygon and Immutable partner to help onboard more gamers and developers into web3 by Jacquelyn Melinek originally published on TechCrunch

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AWS takes a hit in latest round of Amazon layoffs

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When Amazon announced it was laying off another 9,000 employees today, AWS employees were not exempt with Amazon CEO (and former AWS CEO) Andy Jassy announcing the cloud division would be included into today’s round. TechCrunch is hearing that around 10% of today’s total came from AWS. The company would not confirm those numbers instead […]

AWS takes a hit in latest round of Amazon layoffs by Ron Miller originally published on TechCrunch

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Flagstar Bank to buy some Signature Bank assets, but not crypto operations

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Flagstar Bank, a subsidiary of New York Community Bancorp, has signed a takeover agreement with U.S. regulators for some of Signature Bank’s assets and loans. Earlier this month, after Silicon Valley Bank’s customers all tried to withdraw their funds at the same time, Signature Bank was the second victim of a bank run. Both banks […]

Flagstar Bank to buy some Signature Bank assets, but not crypto operations by Romain Dillet originally published on TechCrunch

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Twitter testing government ID-based verification, new screenshots show

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Twitter appears to be testing a new verification process for Twitter Blue subscribers that would involve submitting a government ID. Code-level insights reveal a process for sending in a photo of the user’s ID, both front and back, along with a selfie photo to verify their Twitter account. The feature is listed alongside others only […]

Twitter testing government ID-based verification, new screenshots show by Sarah Perez originally published on TechCrunch

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Consumer electronics reseller Reebelo adds to Series A as it lays down roots in US

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Reebelo has added embedded financial services, including a buyback program and device upgrade options, while its warranty program, ReebeloCare, grew 330% year over year.

Consumer electronics reseller Reebelo adds to Series A as it lays down roots in US by Christine Hall originally published on TechCrunch

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PitchBook’s new tool uses AI to predict which startups will successfully exit

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Can an algorithm predict whether a startup will successfully exit? PitchBook believes so. The venture capital and private equity database today launched VC Exit Predictor, a tool trained on PitchBook data to attempt to suss out a startup’s growth prospects. Given the name of a VC-backed company, VC Exit Predictor generates a score on the […]

PitchBook’s new tool uses AI to predict which startups will successfully exit by Kyle Wiggers originally published on TechCrunch

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Tavus taps generative AI to power personalized videos with voice and face cloning

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Generative AI is already looking like the major tech trend of 2023. The ability to generate fresh content via algorithms has been thrust into the public consciousness by the likes of ChatGPT, a chatbot-style technology trained on large language models (LLMs) capable of producing essays, poems, lyrics, news articles, and even computer programs. And then […]

Tavus taps generative AI to power personalized videos with voice and face cloning by Paul Sawers originally published on TechCrunch

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Cruise Origin rolls into Austin, WeRide makes its IPO move and TuSimple stirs up more drama

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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]

Cruise Origin rolls into Austin, WeRide makes its IPO move and TuSimple stirs up more drama by Kirsten Korosec originally published on TechCrunch

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Credable, a digital banking infra startup that wants to build Unit for emerging markets, gets funding

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Embedded finance solutions in less developed markers are becoming more prominent as platforms look to provide various financial solutions to the unbanked and underserved. Banking infrastructure providers are mainly responsible for the proliferation of such solutions. They allow businesses such as mobile operators, e-commerce platforms, and logistics companies to embed and enable banking products for […]

Credable, a digital banking infra startup that wants to build Unit for emerging markets, gets funding by Tage Kene-Okafor originally published on TechCrunch

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Silicon Valley Bank’s crash is providing valuable lessons all over the world

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This week, some of my colleagues took a deep dive into the effects on consumers, businesses, banks, investors, etc. — all over the world — showing just how connected the startup ecosystem really is. Silicon Valley Bank’s crash is providing valuable lessons all over the world by Christine Hall originally published on TechCrunch
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Sunday, March 19, 2023

Silicon Valley Bank’s crash is providing valuable lessons all over the world

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This week, some of my colleagues took a deep dive into the effects on consumers, businesses, banks, investors, etc. — all over the world — showing just how connected the startup ecosystem really is.

Silicon Valley Bank’s crash is providing valuable lessons all over the world by Christine Hall originally published on TechCrunch

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Saturday, March 18, 2023

OpenAI unleashes GPT-4, SVB files for bankruptcy, and a PE firm acquires Pornhub

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Welcome to Week in Review, folks, TechCrunch’s regular recap of the week in tech. GPT-4, OpenAI’s text- and image-understanding AI, might’ve dominated the headlines over the past few days. But fresh drama around Silicon Valley Bank’s collapse emerged as well. We cover all that and more in this edition, so grab a coffee and settle […]

OpenAI unleashes GPT-4, SVB files for bankruptcy, and a PE firm acquires Pornhub by Kyle Wiggers originally published on TechCrunch

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Let’s talk about succession plans 

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Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Maybe it’s the fact that “Succession” is back next week, or maybe it’s the fact that Silicon Valley just experienced its first banking crisis, but […]

Let’s talk about succession plans  by Natasha Mascarenhas originally published on TechCrunch

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This Week in Apps: AI-powered productivity apps, US weighs TikTok ban, SVB crash boosts crypto apps

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Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app economy in 2023 hit a few snags as consumer spending last year dropped for the first time by 2% to $167 billion, according to data.ai’s “State of […]

This Week in Apps: AI-powered productivity apps, US weighs TikTok ban, SVB crash boosts crypto apps by Sarah Perez originally published on TechCrunch

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Elemental aims to pump $43M into climate startups with ‘deep community impact’

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Elemental Excelerator, a nonprofit investor in climate-tech startups including BlocPower and ChargerHelp, says it’s “doubling down” in the wake of Silicon Valley Bank‘s collapse. Elemental intends to pump $43 million more into climate-tech startups — $13 million of which will be set aside for its twelfth accelerator program, beginning in October. The investor hasn’t secured all of […] Elemental aims to pump $43M into climate startups with ‘deep community impact’ by Harri Weber originally published on TechCrunch
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