Wednesday, May 31, 2023

Indian SaaS startup Capillary Technologies grabs $45M to expand globally

Capillary Technologies, an Indian SaaS startup that offers solutions for loyalty management and customer engagement, has raised $45 million in a funding round, as it plots plans to expand into global markets and widen its reach through mergers and acquisitions. The funding arrives at a crucial time amidst the prevailing market slowdown, where startups, particularly […]

Indian SaaS startup Capillary Technologies grabs $45M to expand globally by Jagmeet Singh originally published on TechCrunch

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Lightmatter’s photonic AI hardware is ready to shine with $154M in new funding

Photonic computing startup Lightmatter is taking its big shot at the rapidly growing AI computation market with a hardware-software combo it claims will help the industry level up — and save a lot of electricity to boot. Lightmatter’s chips basically use optical flow to solve computational processes like matrix vector products. This math is at […]

Lightmatter’s photonic AI hardware is ready to shine with $154M in new funding by Devin Coldewey originally published on TechCrunch

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Amazon settles with FTC for $25M after ‘flouting’ kids’ privacy and deletion requests

Amazon will pay the FTC a $25 million penalty as well as “overhaul its deletion practices and implement stringent privacy safeguards” to avoid charges of violating the Children’s Online Privacy Protection Act to spruce up its AI. Amazon’s voice interface Alexa has been in use in homes across the globe for years, and any parent […]

Amazon settles with FTC for $25M after ‘flouting’ kids’ privacy and deletion requests by Devin Coldewey originally published on TechCrunch

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Hostaway unlocks $175M to expand its vacation rental management platform

Tourism and travel have come roaring back into business post-pandemic, and today a startup called Hostaway that’s building technology for one segment of that market — those owning and/or managing vacation rentals — is announcing a major round of funding to grab the opportunity. The startup, which provides software used to help manage vacation rentals […]

Hostaway unlocks $175M to expand its vacation rental management platform by Ingrid Lunden originally published on TechCrunch

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Strive Health grabs $166M to provide end-to-end kidney care

Strive Health works with local providers to form an integrated care delivery system that follows a patient from chronic kidney disease to end-stage kidney disease. 

Strive Health grabs $166M to provide end-to-end kidney care by Christine Hall originally published on TechCrunch

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Twitter launches Community Notes for images

In an effort to put more onus on crowdsourced moderation, Twitter has launched Community Notes for images in posts. The company is aiming to address scenarios of morphed images or AI-generated images across the platform where the photos are posted. In other words, the platform wants to flag content like “the Balenciaga Pope” that went […]

Twitter launches Community Notes for images by Ivan Mehta originally published on TechCrunch

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Ask Sophie: How long until I can travel while waiting for my green card?

To qualify for a EB-1A green card, I'll need to travel internationally frequently for business. Once I apply, will I be stuck in the U.S.?

Ask Sophie: How long until I can travel while waiting for my green card? by Walter Thompson originally published on TechCrunch

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New regulation in India seeks to stub out tobacco glorification on streaming platforms

India’s health ministry has unveiled stringent guidelines for on-demand video streaming services, necessitating warnings about smoking and the use of other tobacco products when such activities are portrayed on screen. The new regulations, termed as the Cigarettes and other Tobacco Products Amendments Rules, 2023, will come into effect in three months. The updated policy mandates […]

New regulation in India seeks to stub out tobacco glorification on streaming platforms by Manish Singh originally published on TechCrunch

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Meet the Aerospace Corporation, AMD, Torc and more at Disrupt

TechCrunch Disrupt, a veritable who’s who and what’s what in the startup world, takes place on September 19–21 in San Francisco. It’s the perfect destination to find inspiration, gain knowledge, forge new relationships and discover essential tools to help you build your business. Time-sensitive savings: Our Memorial Day two-four-one sale on select passes ends tonight […] Meet the Aerospace Corporation, AMD, Torc and more at Disrupt by Lauren Simonds originally published on TechCrunch
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Tuesday, May 30, 2023

NXP unveils its latest processor, the i.MX 91, during Computex

During Computex today, Dutch semiconductor giant NXP announced its i.MX 91, the latest processor from its i.MX 9 series of applications processors for industrial, medical, consumer and IoT use cases. During his keynote, NXP Secure Connected Edge executive vice president and general manager Rafael Sotomayor gave some details about the new processor. Features include an […]

NXP unveils its latest processor, the i.MX 91, during Computex by Catherine Shu originally published on TechCrunch

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Uber drops ride discounts for subscribers, switches to cash back

Uber is dropping the 5% discounts on eligible rides that it previously offered members of its Uber One subscription service, according to an email sent out to customers. Starting on their next billing cycle, subscribers will now earn 6% so-called “Uber Cash” on eligible rides that can be spent on Uber and Uber Eats. It’s […]

Uber drops ride discounts for subscribers, switches to cash back by Rebecca Bellan originally published on TechCrunch

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Block Party’s anti-harassment tool for Twitter is going on hiatus

Now that Twitter’s API access is locked behind a tall paywall, long beloved third-party apps are shutting down. The latest to bite the dust is Block Party, an anti-harassment tool that helped people stay safe from targeted harassment on Twitter. “We’re heartbroken that we won’t be able to help protect you from harassers and spammers […]

Block Party’s anti-harassment tool for Twitter is going on hiatus by Amanda Silberling originally published on TechCrunch

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Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch

Taxfix leaped to a $1 billion valuation in 2022 on the back of a popular mobile app used by consumers help with tax returns. But fast forward to 2023, and the Berlin-based accounting startup is taking an audit of its own affairs. TechCrunch has learned and confirmed that Taxfix has laid off 20% of its […]

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch by Jagmeet Singh originally published on TechCrunch

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No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked

Few lawyers would be foolish enough to let an AI make their arguments, but one already did, and Judge Brantley Starr is taking steps to ensure that debacle isn’t repeated in his courtroom. The Texas federal judge has added a requirement that any attorney appearing in his court must attest that “no portion of the […]

No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked by Devin Coldewey originally published on TechCrunch

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Elizabeth Holmes is now behind bars: How we got here

Ten years ago, Elizabeth Holmes’ biotech startup, Theranos, was valued to be worth $10 billion. Five years ago, she was indicted for wire fraud. Finally, today, Holmes reported to prison to begin serving her sentence of 11 years and 3 months. It usually doesn’t take so long after an indictment for a defendant to be […]

Elizabeth Holmes is now behind bars: How we got here by Amanda Silberling originally published on TechCrunch

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