Saturday, June 3, 2023

Deal Dive: Doing venture math on the non-alcoholic spirits industry

Hangovers suck. Especially so for those who felt pressured to drink the alcohol that inevitably caused the hangover to begin with. Drinking is slowly starting to fall out of fad, especially among younger generations. According to 2022 Gallup polling, 60% of adult Americans drink alcohol. This is down from 65% in 2019, and while 5% […]

Deal Dive: Doing venture math on the non-alcoholic spirits industry by Rebecca Szkutak originally published on TechCrunch

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Gary Vaynerchuk expects NFTs to expand beyond digital collectibles long term

Welcome back to Chain Reaction, a podcast that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto curious. For this week’s episode, Jacquelyn interviewed Gary Vaynerchuk, better known as Gary Vee. He is the chairman of […]

Gary Vaynerchuk expects NFTs to expand beyond digital collectibles long term by Jacquelyn Melinek originally published on TechCrunch

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Snapchat’s AI bot isn’t very smart, but at least it won’t send nudes

Snapchat now has an AI bot that you can send snaps to, and if you’re a premium subscriber, it can even send you pictures back. So, what happens if you send Snapchat’s My AI bot nudes? This is the obvious question that comes to mind, because on the internet, people will immediately try to test […] Snapchat’s AI bot isn’t very smart, but at least it won’t send nudes by Amanda Silberling originally published on TechCrunch
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Friday, June 2, 2023

Tesla says all new Model 3s now qualify for full $7,500 tax credit

All new Tesla Model 3 vehicles will now qualify for the full $7,500 federal EV tax credit, according to a change in Tesla’s website. The EV tax credits were mandated by Congress last August as part of the Inflation Reduction Act, with the goal of ending U.S. reliance on China for batteries. The full $7,500 tax […]

Tesla says all new Model 3s now qualify for full $7,500 tax credit by Rebecca Bellan originally published on TechCrunch

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Artifact news app now uses AI to rewrite headline of a clickbait article

Last month, the Artifact news app introduced an option for users to flag an article as clickbait. Now, the app founded by Kevin Systrom and Mike Krieger has launched a new feature to let AI rewrite a headline for you if you come across such an article. The app makers said that if a user […]

Artifact news app now uses AI to rewrite headline of a clickbait article by Ivan Mehta originally published on TechCrunch

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Dropbox-like cloud storage service Shadow Drive lowers its price

Shadow has decided to cut the price of its cloud storage service Shadow Drive. Users can now get 2TB of storage for €4.99 per month instead of €8.99 per month. As for the free tier, things aren’t changing. Users who sign up get 20GB of online storage for free. Shadow is also the company behind […]

Dropbox-like cloud storage service Shadow Drive lowers its price by Romain Dillet originally published on TechCrunch

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AI-generated hate is rising: 3 things leaders should consider before adopting this new tech

For all of its power and potential, generative AI makes it easy, fast and accessible for bad actors to produce harmful content.

AI-generated hate is rising: 3 things leaders should consider before adopting this new tech by Walter Thompson originally published on TechCrunch

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Shopify’s Shop app introduces a new ‘Shop Cash’ rewards program

Shopify’s Shop app is introducing a new rewards program called Shop Cash, the e-commerce platform announced on Friday. The new program is funded by Shopify and earns shoppers 1% back on purchases made using its Shop Pay online checkout service. Once a purchase is made, shoppers will see their rewards appear in their Shop Pay […]

Shopify’s Shop app introduces a new ‘Shop Cash’ rewards program by Aisha Malik originally published on TechCrunch

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NestAway, once valued at over $225 million, sells for $11 million

PropTech firm Aurum is acquiring NestAway, a once high-flying Indian startup operating in the same space, for up to $10.9 million, in a deal that marks a near complete erosion in value for the startup’s investors. Eight-year-old NestAway raised $115 million over the years and was valued at $227 million in a funding round in […]

NestAway, once valued at over $225 million, sells for $11 million by Manish Singh originally published on TechCrunch

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‘Stranger Things’ game developer BonusXP is shutting down

BonusXP, the game studio that worked with Netflix to kick off its gaming initiative and introduced “Stranger Things” titles on mobile devices, as well as on desktop and consoles, is shutting down. The Texas-based studio announced the closure through its social media channels on Wednesday evening. “We have begun the difficult process of ceasing operations […] ‘Stranger Things’ game developer BonusXP is shutting down by Jagmeet Singh originally published on TechCrunch
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Thursday, June 1, 2023

Gig workers in California to receive millions for unpaid vehicle expenses

Uber, Lyft, DoorDash and other app-based ride-hail and delivery companies will have to reimburse California gig workers potentially millions of dollars for unpaid vehicle expenses between 2022 and 2023. The back payments come from a provision in Proposition 22, the controversial law that classifies gig workers as independent contractors rather than employees and promises them […]

Gig workers in California to receive millions for unpaid vehicle expenses by Rebecca Bellan originally published on TechCrunch

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Twitter’s trust and safety lead Ella Irwin resigns

Twitter’s head of trust and safety Ella Irwin has resigned, the now-former executive confirmed to Reuters on Thursday. Irwin took over for Yoel Roth, who famously left the company during the early days of Elon Musk’s chaotic Twitter takeover. While Roth clashed with Musk over the new Twitter owner’s hands-off approach to content moderation, Irwin […]

Twitter’s trust and safety lead Ella Irwin resigns by Taylor Hatmaker originally published on TechCrunch

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Pixxel’s hyperspectral orbital imagery attracts investment from Google

Hyperspectral imagery startup Pixxel has closed $36 million in funding as it prepares to roll out new remote sensing and analytics capabilities to customers. The L.A. and Bangalore-based startup also scored a new strategic investor: Google, the tech giant that’s as well known for its mapping products as it is for its search engine. While […]

Pixxel’s hyperspectral orbital imagery attracts investment from Google by Aria Alamalhodaei originally published on TechCrunch

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BeReal is adding a messaging feature called RealChat

BeReal is working on a chat feature, which will begin with a test among users in Ireland. At launch, users will be able to message one on one with friends, send them a private BeReal (no time limit, just a front-back photo) and react with RealMoji (BeReal’s custom emojis). BeReal users can only message each […]

BeReal is adding a messaging feature called RealChat by Amanda Silberling originally published on TechCrunch

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