Wednesday, July 26, 2023

Facebook surpasses 3 billion monthly active users

Facebook has over 3 billion monthly active users, according to Meta’s latest quarterly report. That’s quite the staggering number. Even though Facebook has declined in popularity among younger people, the platform is far from dead. Across Meta’s entire family of apps — which includes WhatsApp, Instagram, Messenger and now Threads — there were 3.88 billion […]

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Mirrorscape’s new AR tabletop platform could enhance your D&D campaign

Yet another virtual tabletop (VTT) tool has joined the fray, giving Dungeons & Dragons, Pathfinder and tabletop role-playing gamers alike a new augmented reality experience. Mirrorscape, a mixed reality and gaming development company, announced the open beta launch of its app, letting users experience their favorite tabletop role-playing games (TTRPGs) in AR. The new VTT […]

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What’s next for social media from someone who’s Extremely Online

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show where we sit down with a guest, think about their work and unpack the rest. This week, we had Washington […]

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Graft is building an AI development platform for the masses

When Graft launched its AI development platform in beta last year, it was looking to build something that put AI within reach of every company, not just the largest ones with tons of engineering resources. Today, the company announced a $10 million seed investment. While it was at it, the startup announced that it’s inviting […]

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Walmart+ adds travel benefits to its list of perks

Walmart+, the U.S. retailer’s Prime competitor, is adding travel benefits to its list of perks. The company has announced that members can book getaways through WalmartPlusTravel.com and get Walmart Cash. Walmart+ members will receive 5% Walmart Cash on hotels, vacation rentals, car rentals and activities bookings, 2% Walmart Cash on all flights and a blended rate of […]

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Zombie game maker Techland joins Tencent’s global empire in latest acquisition

Tencent, one of the world’s largest gaming companies, is set to gobble up Techland, the Polish game developer known for open-world zombie games like Dying Light, adding yet another member to its sprawling investment portfolio. In a letter to players, Techland’s founder and CEO Paweł Marchewka announced that Tencent is in the process of becoming […]
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Tuesday, July 25, 2023

Twitter changes its official handle to @X

As part of the ongoing rebranding, Twitter has changed its official handle to @X. Other official handles related to the company have either let go of the “Twitter” moniker or replaced it with X. TechCrunch previously reported that the social network hadn’t reached out to the original owner of the @X handle — Gene X Hwang of […]

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Google says 2 billion logged in monthly users are watching YouTube Shorts

Google said today that more than 2 billion logged-in monthly users are watching YouTube Shorts, giving it an edge over competitors like TikTok and Instagram Reels. This number is up from 1.5 billion monthly logged-in users for YouTube Shorts announced last year. During its Q2 2023 results, Google also said that YouTube brought in $7.67 […]

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AI leaders warn Senate of twin risks: moving too slow and moving too fast

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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Exclusive: Goodwater Capital snags $1B across two new funds, despite cooling interest in consumer tech

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 hits first close of $450M AUD for its third deep tech fund

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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Akooda is using AI to help companies understand their business with fewer meetings

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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Monday, July 24, 2023

Instagram is down for multiple users

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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