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
In times of crisis, fintech startups should take the long view instead of hibernating
If you look past the current downturn, it’s likely your startup will have higher chances of survival if you hold on to specialized talent.
In times of crisis, fintech startups should take the long view instead of hibernating by Ram Iyer originally published on TechCrunch
Blnk, a fintech that provides instant consumer credit in Egypt, raises $32M in debt and equity
Credit card penetration in Egypt is low, with just over 4 million cards used in a population of more than 100 million people. As such, people in the country have little or no access to credit, given the other few options that exist in the market. One of these options, consumer loans, is being explored […]
Blnk, a fintech that provides instant consumer credit in Egypt, raises $32M in debt and equity by Tage Kene-Okafor originally published on TechCrunch
Automovill Raises INR 2.15 Crore in Pre-Series A Funding
Airly fights air pollution with a network of affordable sensors
Cleantech startup Airly wants to help communities around the world improve air quality with affordable sensors and software that provides actionable insights. Based in London and Krakow, the startup announced today it has raised $5.5 million. The round was led by firstminute capital and Pi Labs, with participation from returning investors like the Sir Richard […]
Airly fights air pollution with a network of affordable sensors by Catherine Shu originally published on TechCrunch
Apple limits AirDrop ‘everyone’ option to 10 minutes in China
A change in the iOS 16.1.1 update for Chinese users is turning some heads. Apple is restricting the “Everyone” option in AirDrop to ten minutes on iPhones purchased in mainland China, according to online user reports. That means people can no longer keep their Airdrop on for an unlimited time, including for strangers and contacts. […]
Apple limits AirDrop ‘everyone’ option to 10 minutes in China by Rita Liao originally published on TechCrunch
Waymo can now charge for fully driverless services in San Francisco
The California Department of Motor Vehicles approved an amendment to Waymo’s existing deployment permit Wednesday to include driverless, as well as drivered, operations. Now, Waymo will be able to charge for usage of its autonomous vehicles, which will operate without anyone in the driver’s seat, for services like food and grocery delivery. The upgraded DMV […]
Waymo can now charge for fully driverless services in San Francisco by Rebecca Bellan originally published on TechCrunch
Sequoia Capital marks its FTX investment down to zero dollars
Sequoia Capital just marked down to zero the value of its stake in the cryptocurrency exchange FTX — a stake that, as of last week, likely represented among the most sizable unrealized gains in the venture firm’s 50-year history. The move isn’t a complete surprise, though even more uncharacteristic was Sequoia’s decision to tweet out […]
Sequoia Capital marks its FTX investment down to zero dollars by Connie Loizos originally published on TechCrunch
I guess you can (officially) use your fancy Canon camera as a webcam studio now
When the pandemic slammed into our shores a couple of years ago, many of us were shoo-ed inside, doomed to endless Zoom meetings. At the time, Canon released a beta of its EOS Webcam Utility, and then seemed to pretty much forget about it. Until today. In a ‘geez, Canon, this would have been helpful […]
I guess you can (officially) use your fancy Canon camera as a webcam studio now by Haje Jan Kamps originally published on TechCrunch
Gaming company Kabam lays off 7% of its workforce to better align with goals
Kabam, the gaming company that has developed mobile games in partnership with entertainment brands including Disney, Marvel and Universal, has laid off about 7% — around 35 people — of its workforce, TechCrunch has learned from sources and confirmed with the company over email. The Vancouver-based company informed the affected employees about the move earlier […]
Gaming company Kabam lays off 7% of its workforce to better align with goals by Jagmeet Singh originally published on TechCrunch