April 2023

Recession Alert: Are We There Yet?

April 5, 2023
The stock market rollercoaster continues with most investors wanting off the ride. That is true even after a nice run higher above 4,100 for the S&P 500 (SPY) because there…

Bob Lee, creator of Cash App and former CTO of Square, stabbed to death

April 5, 2023

Bob Lee, the Chief Product Officer at MobileCoin, was killed in a fatal stabbing in San Francisco. At 2:35 a.m., the San Francisco Police Department responded to a report of a stabbing near the 300 block of Main Street in SoMa. He was taken to a hospital but succumbed to his injuries. Shortly after, NBC […]

Bob Lee, creator of Cash App and former CTO of Square, stabbed to death by Romain Dillet originally published on TechCrunch

China Report: How a Chinese battery company powers Turkey’s home-grown EVs

April 5, 2023
China Report is MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. First, a quick housekeeping note: China Report will be off for a few weeks. I’ll be away from work for the rest of the month, so the newsletter will take a brief pause.…

Equator secures $40M in commitments for fund targeting climate tech startups in Africa

April 5, 2023

Africa contributes less than 3% of the world’s energy-related carbon dioxide emissions but the continent will be one of the most impacted by the adverse effects of climate change. Some explanations for Africa’s vulnerability include poor diffusion of technologies and information relevant to supporting adaptation, usually provided by clean or climate tech companies. Despite the […]

Equator secures $40M in commitments for fund targeting climate tech startups in Africa by Tage Kene-Okafor originally published on TechCrunch

Snapchat adds new safeguards around its AI chatbot

April 5, 2023

Snapchat is launching new tools including an age-appropriate filter and insights for parents to make its AI chatbot experience safer. Days after Snapchat launched its GPT-powered chatbot for Snapchat+ subscribers, a Washington Post report highlighted that the bot was responding in an unsafe and inappropriate manner. The social giant said that after the launch it […]

Snapchat adds new safeguards around its AI chatbot by Ivan Mehta originally published on TechCrunch

Morgan Stanley, BP Ventures back Indian e-mobility startup Magenta Mobility

April 5, 2023

Indian electric mobility startup Magenta Mobility has closed a $22 million Series A1 round, backed by $11 million each from Morgan Stanley India Infrastructure and BP Ventures. Magenta will use the all-equity investment to boost its existing logistics and last-mile delivery fleet operations. The Navi Mumbai-headquartered startup has a fleet of 800 three-wheeled electric cargo […]

Morgan Stanley, BP Ventures back Indian e-mobility startup Magenta Mobility by Jagmeet Singh originally published on TechCrunch