July 2023

Twitter changes its official handle to @X

July 26, 2023
As part of the ongoing rebranding, Twitter has changed its official handle to @X. Other official handles related to the company have either let go of the “Twitter” moniker or replaced it with X. TechCrunch previously reported that the social network hadn’t reached out to the original owner of the @X handle — Gene X Hwang of […]

Google says 2 billion logged in monthly users are watching YouTube Shorts

July 26, 2023
Google said today that more than 2 billion logged-in monthly users are watching YouTube Shorts, giving it an edge over competitors like TikTok and Instagram Reels. This number is up from 1.5 billion monthly logged-in users for YouTube Shorts announced last year. During its Q2 2023 results, Google also said that YouTube brought in $7.67 […]

AI leaders warn Senate of twin risks: moving too slow and moving too fast

July 25, 2023
Leaders from the AI research world appeared before the Senate Judiciary Committee to discuss and answer questions about the nascent technology. Their broadly unanimous opinions generally fell into two categories: we need to act soon, but with a light touch — risking AI abuse if we don’t move forward, or a hamstrung industry if we […]

The Year The Index Achieved 13 Days of Positive Returns

July 25, 2023
All Right, Life Goal Nation! Investment markets have been thriving, showcasing an exceptional performance with the Dow Jones Index experiencing an impressive streak of consecutive positive returns. In this article,…

Main Sequence hits first close of $450M AUD for its third deep tech fund

July 25, 2023
Main Sequence, an Australian venture capital firm, said Wednesday it has raised the $450 million AUD (approximately $303 million) first close of its third fund. The venture capital firm, founded by Australia’s national science agency CSIRO (Commonwealth Scientific and Industrial Research Organisation), has secured funding from new limited partners, including LGT Crestone, NGS Super, Daiwa Securities […]

Snap’s revenue woes continue but earnings yield a few bright spots

July 25, 2023
Snap just reported its quarterly earnings and it’s a bit of a mixed bag. Snapchat’s parent company brought in $1.07 billion during Q2 — up from last quarter but a year-over-year dip. Snap saw its first revenue decline as a public company in Q1, marking a 7% drop in sales from the previous year. At […]