July 2023

The Download: a new Turing test, and working with ChatGPT

July 14, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. My new Turing test would see if AI can make $1 million —Mustafa Suleyman is the co-founder and CEO of Inflection AI and a venture partner at Greylock, a venture capital firm. Before…

Mustafa Suleyman: My new Turing test would see if AI can make $1 million

July 14, 2023
AI systems are increasingly everywhere and are becoming more powerful almost by the day. But even as they become ever more ubiquitous and do more, how can we know if a machine is truly “intelligent”? For decades the Turing test defined this question. First proposed in 1950 by the computer scientist Alan Turing, it tried…

Meta is blocking EU-based users from accessing Threads via VPN

July 14, 2023

After multiple EU-based users complained about not being able to access Instagram’s Threads app through VPN, Meta said it is blocking such efforts. The company launched Threads last week, but given privacy concerns around the app, it is not available in the EU. The company said in a statement that it has applied further measures […]

Meta is blocking EU-based users from accessing Threads via VPN by Ivan Mehta originally published on TechCrunch

First Steps to Save For Retirement for Entrepreneurs

July 14, 2023
If you’re an entrepreneur, you know the importance of saving money. Everyone should follow specific steps to save and maximize their assets before retirement. There are small things you can…

LG Electronics plans $39.5B investment to reach $79B in sales by 2030

July 14, 2023

LG Electronics plans to spend $39.5 billion (50 trillion won) in R&D, facility and strategic investment as it aims to reach $79 billion (100 trillion won) in sales by 2030, up from $51.4 billion (65 trillion won) in 2022.  The Korean electronics behemoth, once a major name in the smartphone industry, rolled out its new […]

LG Electronics plans $39.5B investment to reach $79B in sales by 2030 by Kate Park originally published on TechCrunch

Flipkart makes $700 million payout to employees following PhonePe split

July 14, 2023

Flipkart commenced a $700 million “one-time discretionary” cash payout to employees on Friday, the single-largest such compensation in the Indian startup ecosystem. The Walmart-backed Bengaluru-headquartered startup is compensating employees for the separation of fintech PhonePe from the e-commerce group. The two firms completed a full ownership separation late last year in a deal that was […]

Flipkart makes $700 million payout to employees following PhonePe split by Manish Singh originally published on TechCrunch

India’s Chandrayaan-3 blasts off to the moon

July 14, 2023

Chandrayaan-3, India’s third mission to the moon, has taken off successfully — almost four years after its predecessor failed to touch down on the lunar surface in 2019. On Friday, the Indian Space Research Organization (ISRO) launched its ‘Launch Vehicle Mark-III’ rocket carrying the next Chandrayaan (Sanskrit for “moon vehicle”) from Satish Dhawan Space Centre […]

India’s Chandrayaan-3 blasts off to the moon by Jagmeet Singh originally published on TechCrunch

Kenya’s Lawyers Hub gains traction helping startups meet regulatory compliance

July 14, 2023

African startups clashing with regulators due to non-compliance are often faced with far-reaching consequences, including some that render their businesses defunct or inoperable in some markets – as was experienced by some scale-ups last year. Non-compliance incidents are pervasive in Africa’s startup community, often due to the lack of proper guidance at the foundation stage. […]

Kenya’s Lawyers Hub gains traction helping startups meet regulatory compliance by Annie Njanja originally published on TechCrunch