What is Happening In Crypto, What Happened to FTX and What Does It Mean for Web3?
An upheaval of “crypto giants” have ultimately failed to protect consumers, breaking trust in the developing world of Web3. Why is this happening and what is next?
US AI Safety Institute could face big cuts
The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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November 2022
The Amazonification of Uber
It’s been six months since Uber hosted Go, Get, a global smorgasbord of product reveals and features that covered everything from booking party buses and voice ordering for Uber Eats to linking travel plans to Gmail and skipping the food lines at sports stadiums. The product reveals aren’t just about creating new revenue streams or […]
The Amazonification of Uber by Rebecca Bellan originally published on TechCrunch
Long live the vibe capitalist!
There is this myth that investors are risk averse. This isn’t true. They love taking risks. On white men. It’s part of the thrill.
Long live the vibe capitalist! by Dominic-Madori Davis originally published on TechCrunch
Is Elon Musk’s Twitter about to fall out of the GDPR’s one-stop shop?
Helmed by erratic new owner Elon Musk, Twitter is no longer fulfilling key obligations required for it to claim Ireland as its so-called “main establishment” under the European Union’s General Data Protection Regulation (GDPR), a source familiar with the matter has told TechCrunch. Our source, who is well placed, requested and was granted anonymity owing […]
Is Elon Musk’s Twitter about to fall out of the GDPR’s one-stop shop? by Natasha Lomas originally published on TechCrunch
Google to pay $391.5 million in location-tracking settlement with 40 states
Google has agreed to a $391.5 million settlement with 40 state attorneys general over its location tracking practices. The settlement outlines that Google misled its users into thinking they had turned off location tracking even as the company continued to collect their location information. The investigation, which marks the largest attorney general-led consumer privacy settlement […]
Google to pay $391.5 million in location-tracking settlement with 40 states by Aisha Malik originally published on TechCrunch
The Epic Games-Apple antitrust battle resumes today in appeals court
Apple’s antitrust battle against Fortnite maker Epic Games is returning to the courtroom after both sides appealed last year’s ruling in a precedent-setting case over Apple’s alleged anti-competitive behavior. Last year, a U.S. District Court judge had largely favored Apple when ruling the tech giant was not acting as a monopolist with regard to its […]
The Epic Games-Apple antitrust battle resumes today in appeals court by Sarah Perez originally published on TechCrunch
Amazon launches ‘Sports Talk’ on Prime Video to give sports fans 12 hours of live daily content
Today, Amazon Prime Video announced the launch of “Sports Talk,” a live daily programming block dedicated to 12 hours of sports-talk content. Broadcasting Monday through Friday from 8 a.m.-8 p.m. ET on Prime Video, viewers in the U.S. can access seven new shows on Sports Talk without a Prime membership. It will also be available […]
Amazon launches ‘Sports Talk’ on Prime Video to give sports fans 12 hours of live daily content by Lauren Forristal originally published on TechCrunch
Meeting camera startup Owl Labs lands $25M and partnership with HP
Owl Labs, a startup developing a linuep AI-powered meeting hardware, today announced that it raised $25 million in a Series C round led by HP Tech Ventures (HP’s venture capital arm) with participation from Sourcenext, Matrix Partners, Spark Capital and Playground Global. The closing of the tranche marks the start of a strategic partnership with […]
Meeting camera startup Owl Labs lands $25M and partnership with HP by Kyle Wiggers originally published on TechCrunch
Binance’s CEO isn’t sweating the FTX implosion
“The industry is not going away and the other strong industry players are now even stronger,” Changpeng ‘CZ’ Zhao, CEO of Binance, says.
Binance’s CEO isn’t sweating the FTX implosion by Jacquelyn Melinek originally published on TechCrunch
SoftBank writes down nearly $100 million investment in FTX
As more details emerge regarding the events that led to FTX’s bankruptcy and stunning collapse, the cryptocurrency exchange’s investors are also being scrutinized. Namely, many people are asking just how could so many high-profile investment firms pour a collective $2 billion with apparently so little due diligence. The notorious Japanese investment conglomerate SoftBank, for example, […]
SoftBank writes down nearly $100 million investment in FTX by Mary Ann Azevedo originally published on TechCrunch