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Vint Cerf on the ‘exhilarating mix’ of thrill and hazard at the frontiers of tech
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OpenAI may be synonymous with machine learning now and Google is doing its best to pick itself up off the floor, but both may soon face a new threat: rapidly multiplying open source projects that push the state of the art and leave the deep-pocketed but unwieldy corporations in their dust. This Zerg-like threat may […]
Google and OpenAI are Walmarts besieged by fruit stands by Devin Coldewey originally published on TechCrunch
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Sketchy Facebook pages impersonating businesses are nothing new, but a flurry of recent scams is particularly brazen. A handful of verified Facebook pages were hacked recently and spotted slinging likely malware through ads approved by and purchased through the platform. But the accounts should be easy to catch — in some cases, they were impersonating […]
Hacked verified Facebook pages impersonating Meta are buying ads from Meta by Taylor Hatmaker originally published on TechCrunch
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Twitter confirmed that a security error that made Circle tweets — posts that only go out to a small subset of trusted friends — surface publicly. TechCrunch reported the glitch in early April, but the platform confirmed the issue today in an email sent to Twitter Circle users. “In April 2023, a security incident may […]
Twitter confirms Circle tweets temporarily were not private by Amanda Silberling originally published on TechCrunch
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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: New AI model DeepFloyd IF offers ‘advanced text-to-image generation techniques’ by Christine Hall originally published on TechCrunch
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Rapid (previously known as RapidAPI), a startup that built out an API marketplace valued at $1 billion last year, has laid off another 70 employees less than two weeks after letting go of 50% of its staff, TechCrunch has learned. An affected employee who wished to remain anonymous told TechCrunch that just 42 people remain […]
RapidAPI headcount down 82% from fresh layoffs less than two weeks after cutting 50% of staff by Mary Ann Azevedo originally published on TechCrunch
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Everything needs a home, and Garima Kapoor co-founded MinIO to build an enterprise-grade, open source object storage solution. The pitch sounds amazing: simple, high performance, and a native Kubernetes integration. I’m excited to announce I’m interviewing Kapoor and MinIO investor Mark Rostick of Intel Capital on MinIO’s growth and how the company manages serious competition. […]
Hear how MinIO built a unicorn in object storage on top of Kubernetes and open source by Ron Miller originally published on TechCrunch
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Paytm, India’s leading mobile payments firm, recorded a 13.2% surge in revenue to $285.7 million in the quarter ending March and pared its loss by 57% to $20.5 million in a sharp turnaround for the company that is increasingly trying to become profitable. Paytm’s overall revenue in the financial year ending March 2023 stood at […]
Paytm tops $977 million revenue in a year, narrows loss by Manish Singh originally published on TechCrunch
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This Friday morning we’re parsing Lyft’s Q1 results and Q2 guidance, the latter of which we’ll place in context of its strategic choices moving forward.
Tepid investor reaction clouds Lyft’s new strategy by Anna Heim originally published on TechCrunch
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Russ Wilcox, founder of E Ink, recently joined TechCrunch's Found podcast to talk about how he raised multiple down rounds before a successful exit.
Down rounds are a ‘ticket to try again,’ says founder who raised 3 in a row by Rebecca Szkutak originally published on TechCrunch
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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: Shopify lays off 20% of staff and sells its logistics arm to Flexport by Christine Hall originally published on TechCrunch
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It’s been almost five years since this editor sat down with longtime VC Harry Nelis and three other investors from Accel’s London office to talk about the trends rippling through the venture industry at the time. At the time, our talk largely centered on Brexit and SoftBank’s feverish pace of investment, which at the time […]
In Europe, Accel banks on a turnaround over the next six to nine months by Connie Loizos originally published on TechCrunch
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Tellus, an Andreessen Horowitz-backed fintech company that claims it can offer people higher yields on their savings balances by using that money to fund certain U.S. single-family-home loans, is under scrutiny by the U.S. government. On May 2, as first reported by Barron’s, U.S. Senator Sherrod Brown, chairman of the Senate Banking, Housing, and Urban Affairs […]
Senate Banking chair urges FDIC to look into Tellus, a fintech backed by Andreessen Horowitz by Mary Ann Azevedo originally published on TechCrunch
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HubSpot CEO Yamini Rangan told investors that generative AI is going to "rapidly” change the business landscape.
As generative AI finds its footing in enterprise products, how will companies charge for its use? by Alex Wilhelm originally published on TechCrunch
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