Leaders from the AI research world appeared before the Senate Judiciary Committee to discuss and answer questions about the nascent technology. Their broadly unanimous opinions generally fell into two categories: we need to act soon, but with a light touch — risking AI abuse if we don’t move forward, or a hamstrung industry if we […]
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Goodwater, one of comparatively few firms to focus exclusively on consumer tech investments, has closed on $1 billion in capital commitments across its fifth early-stage fund and its third opportunity-style fund, TechCrunch is first to report. The bulk of the capital — 60% — will be invested in early- and seed-stage outfits. The Burlingame, Calif., […]
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Main Sequence, an Australian venture capital firm, said Wednesday it has raised the $450 million AUD (approximately $303 million) first close of its third fund. The venture capital firm, founded by Australia’s national science agency CSIRO (Commonwealth Scientific and Industrial Research Organisation), has secured funding from new limited partners, including LGT Crestone, NGS Super, Daiwa Securities […]
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As the role of the fund-of-funds model changes, this new version could prove to be the perfect vehicle to help diverse and emerging fund managers.
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As organizations grow, it becomes harder to understand what’s happening operationally across departments inside a company. We tend to use meetings to try and figure out what others are doing, which isn’t terribly efficient. Akooda is an early stage startup trying to help solve that problem by using AI to analyze the company’s internal software […]
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While the world is captivated by the drama of Twitter rebranding to X, rival social network Instagram is currently down for many users. People complained that they have been getting errors such as “Couldn’t refresh the feed.” me leaving instagram when i see “couldn’t refresh feed” #InstagramDown pic.twitter.com/mltOQGp7s8 — AJ🇲🇽 (@ChivasCum) July 25, 2023 everyone […]
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A class-action damages claim is being brought against Apple on behalf of UK-based developers. The suit, which is seeking a compensation payout that could be as high as £800 million (over $1BN), accuses the tech giant of abusing a dominant position by charging an “anticompetitive” 30% fee on in-app sales made by app makers on […]
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Actually, no, I couldn’t even come up with a halfhearted contrarian take. It’s trash. Twitter has officially changed its logo to ‘X’
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In this issue: A closer look at Umbra; news from Rocket Lab, Astranis and more.
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As Twitter ditches its iconic branding in favor of owner Elon Musk’s favorite letter “X,” its open source rival Mastodon is seeing usage numbers soar. According to a new post from Mastodon founder and CEO Eugen Rochko, the number of monthly active users for his Twitter alternative has been steadily climbing over the past couple […]
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Elon Musk is the best thing that could have ever happened to Mark Zuckerberg. As Musk begins to change Twitter’s branding to X, Facebook’s rebrand to Meta doesn’t seem all that bad. Zuckerberg might be good at lifting weights these days, but he still needs to pull Meta out from a seriously rough few years. […]
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Impulse Space, the space logistics startup headed by founding SpaceX employee Tom Mueller, has closed a new tranche of funding to further develop its line of orbital transportation vehicles. The oversubscribed $45 million Series A was led by RTX Ventures, the venture capital arm of RTX (formerly Raytheon Technologies), and included participation from existing investors […]
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Remote working and digital nomads became two very prominent aspects of the world of work during the pandemic, shedding a light on the millions of people who live in one country but earn money in another. Now, a startup that is building financial services catering to that demographic is announcing some growth funding to expand […]
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Thousands of companies could be at risk from an actively exploited Citrix zero-day that hackers have already abused to target at least one critical infrastructure organization in the United States. Citrix last week sounded the alarm about the critical-rated flaw, tracked as CVE-2023-3519 with a severity rating of 9.8 out of 10, which impacts NetScaler […]
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