Saturday, September 14, 2024

‘Hot Ones’ could add some heat to Netflix’s live lineup

Netflix has never quite cracked the talk show formula, but maybe it can borrow an existing hit from YouTube. According to Bloomberg, the streamer is in talks with BuzzFeed to create live episodes of the popular YouTube talk show “Hot Ones.” Netflix and BuzzFeed did not immediately respond to TechCrunch’s request for comment. The show […]

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Why ORNG’s founder pivoted from college food ordering to real-time money transfer

Alex Parmley has been thinking about building his latest company, ORNG, since he was working on his last company, Phood.  Launched in 2018, Phood was a payments app that let students use dining dollars to order food from third-party apps and merchants anywhere in the world. It built the first campus-integrated debit card and worked […]

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Sam Bankman-Fried appeals conviction, criticizes judge’s ‘unbalanced’ decisions

Lawyers representing Sam Bankman-Fried, the FTX CEO and co-founder who was convicted of fraud and money laundering late last year, are seeking a new trial. Following crypto exchange FTX’s collapse, Bankman-Fried was found guilty on all seven counts, then sentenced to 25 years in prison and ordered to pay $11 billion in forfeiture. He has […]

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OpenAI previews its new Strawberry model

OpenAI this week unveiled a preview of OpenAI o1, also known as Strawberry. The company claims that o1 can more effectively reason through math and science, as well as fact-check itself by spending more time considering all parts of a query. The family of models is available in ChatGPT and via OpenAI’s API, though OpenAI […]

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DeepWell DTx receives FDA clearance for its therapeutic video game developer tools

There’s something oddly refreshing about starting the day by solving the Wordle. According to DeepWell DTx, there’s a scientific explanation for why our brains might feel just a bit better after a quick break to play a game. In fact, DeepWell now has the FDA clearance to support its claim that video games can treat […]

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Telegram CEO Durov’s arrest hasn’t dampened enthusiasm for its TON blockchain

Telegram has had a tough few weeks. The messaging app’s founder, Pavel Durov, was arrested in late August and later released on a €5 million bail in France, charged with running a company complicit in distributing child sexual abuse material and facilitating drug trafficking and organized fraud. Predictably, that crashed the price of the network’s […]


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Friday, September 13, 2024

This is how bad China’s startup scene looks now

In early 2018, VC Mike Moritz wrote in the FT that “Silicon Valley would be wise to follow China’s lead,” noting the pace of work at tech companies was “furious” and that China offered “investment opportunities in the best companies.”  Soon after, it all imploded. Worse, as the FT notes in a new piece, between […]

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Fei Fei Li’s World Labs comes out of stealth with $230M in funding

Fei Fei Li, the Stanford professor many deem the “Godmother of AI,” has raised $230 million for her new startup, World Labs, from backers including Andreessen Horowitz, NEA, and Radical Ventures. World Labs is valued at over $1 billion, and the capital was raised over two rounds spaced a couple of months apart, TechCrunch reported […]

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Dave and Varo Bank execs are coming to TechCrunch Disrupt 2024

The rise of neobanks has been fascinating to witness, as a number of companies in recent years have grown from merely challenging traditional banks to being massive players in and of themselves. Dave and Varo Bank are just two examples of such neobanks. Hear Dave co-founder and CEO Jason Wilk and Varo Bank founder and […]

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A fight is brewing as TuSimple tries to move $450M to China and pivot from self-driving trucks to AI animation

TuSimple, once a buzzy startup considered a leader in self-driving trucks, is trying to move its assets to China to fund a new AI-generated animation and video game business. The pivot has not only puzzled and enraged several shareholders, but also threatens to pull the company back into a legal morass mere weeks after reaching […]

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Some startups and investors are more risk-averse than others

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week once again proved that the startup world isn’t homogeneous when it comes to risk-taking. Let’s have a look. Most interesting startup stories from the week […]

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Telegram CEO Durov’s arrest hasn’t dampened enthusiasm for its TON blockchain

Telegram has had a tough few weeks lately. The messaging app’s founder, Pavel Durov, was arrested in late August and later released on a €5 million bail in France, charged with running a company complicit in distributing child sexual abuse material, and facilitating drug trafficking and organized fraud. Predictably, that crashed the price of the […]

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Howbout raises $8M from Goodwater to build a calendar that you can share with your friends

There are plenty of calendar and scheduling apps that take care of your professional life and help you slot in meetings with your teammates and work collaborators. Howbout is all about finding time with your friends to catch up. The company is banking on the fact that some Gen Z users are very happy to […]

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SoftBank-backed Delhivery contests metrics in rival Ecom Express’ IPO filing

Indian logistics firm Delhivery has publicly contested the accuracy of metrics presented by competitor Ecom Express in its draft initial public offering prospectus, a rare confrontation in the lead-up to the latter’s market debut.  Delhivery, which is backed by SoftBank and already publicly listed, claims that Ecom Express has inaccurately represented Delhivery’s business metrics when […]

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