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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For startups trying to avoid making the same mistake and running afoul of watchful US regulators: Watch what Musk-led Twitter is doing, and do the opposite.
Twitter’s data leak response is a lesson in how not to do cybersecurity by Carly Page originally published on TechCrunch
If you thought the fourth quarter of 2022 felt slow when it came to investment activity in the fintech space, that’s because it was. In fact, the three-month period marked the lowest quarter for U.S. fintech funding since 2018, according to CB Insights’ State of Fintech 2022 report. But overall, while total fintech funding globally […]
Fintech in 2022: a story of falling funding, fewer unicorns and insurtech M&A by Mary Ann Azevedo originally published on TechCrunch
A €390M privacy fine for Meta announced earlier this month in the European Union — for running behavioral ads on Facebook and Instagram in the region without a valid legal basis — was several billion dollars smaller than it should have been, and orders of magnitude too tiny to be a deterrent for others going […]
Meta dodged a €4BN privacy fine over unlawful ads, argues GDPR complainant by Natasha Lomas originally published on TechCrunch
Yum Brands, the parent company of fast food chains KFC, Pizza Hut and Taco Bell, has confirmed that company data was stolen in a ransomware attack. TechCrunch first learned of an apparent incident affecting Yum Brands earlier this week, which the Kentucky-based company confirmed in a statement on Thursday. Yum Brands said a ransomware attack impacted […]
Taco Bell, KFC owner says data stolen during ransomware attack by Carly Page originally published on TechCrunch
Private investment in the space economy dropped by 58% in 2022 compared to the year prior, with macroeconomic headwinds battering private and public markets, according to a new analysis from New York-based Space Capital. But while 2023 is shaping up to be another hard year for startups, Space Capital’s report maintains that the external pressures […]
Private investment in space dropped 58% last year, even with SpaceX, Anduril monster raises by Aria Alamalhodaei originally published on TechCrunch
Trunk, a startup that aims to build a toolkit that helps developers build and ship their code faster, today announced the launch of its latest product: CI Analytics. The new service helps developers understand how their CI Workflows (currently with a focus on GitHub Actions) perform in the real world — and if there are […]
Trunk extends its developer toolkit with CI analytics by Frederic Lardinois originally published on TechCrunch
Zitti’s payment software platform streamlines the transaction between restaurants and food suppliers through payment, price comparison and vendor discoverability tools.
Zitti soaks up some funding sauce so restaurants can manage their food supply chain by Christine Hall originally published on TechCrunch
Depending on who you ask, generative AI is either massively overhyped or undervalued. Defined as algorithm-driven tech that creates text, art and other forms of media given a prompt, it’s captured the attention of major VC backers who’ve piled hundreds of millions of dollars into firms like Jasper and Stability AI. But generative AI has […]
Scenario lands $6M for its AI platform that generates game art assets by Kyle Wiggers originally published on TechCrunch
People are addicted to credit cards — and it’s no wonder, given the lucrative rewards that many of them offer. But for merchants, credit cards tend to be less appealing. That’s because they’re on the hook for interchange fees, or transaction fees a merchant’s bank must pay whenever a customer uses a card to make […]
Link raises $30M to help merchants accept direct bank payments by Kyle Wiggers originally published on TechCrunch