Teens Busted for Breaking Into the Homes of Hollywood Stars
On this week’s Dirty Money Podcast, we dive into the crimes of the so-called ‘Bling Ring.’
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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July 2023
Twitter changes its official handle to @X
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
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
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 […]
Exclusive: Goodwater Capital snags $1B across two new funds, despite broader cooling interest in consumer tech
Goodwater, one of comparatively few firms to focus exclusively on consumer tech investments, has closed on $1 billion in capital commitments across its fifth early-stage fund and its third opportunity-style fund, TechCrunch is first to report. The bulk of the capital — 60% — will be invested in early- and seed-stage outfits. The Burlingame, Calif., […]
The Year The Index Achieved 13 Days of Positive Returns
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,…
Remote Work May Never Die, But It’s Losing Momentum. Here’s Why.
If you’re a remote worker who would like to keep those benefits, you’d better start preparing a good pitch. And if you’re dying to get back into the office, rejoice – your ideal transition may be just around the corner.
‘The Most Effed Up Thing Yet’: Bethenny Frankel Slams T.J. Maxx After She Accidentally Buys Fake Designer Shoes
Frankel purchased counterfeit Manolo Blahnik shoes for a steep $868 at the retailer.
Main Sequence hits first close of $450M AUD for its third deep tech fund
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
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 […]