Technology

Hostaway unlocks $175M to expand its vacation rental management platform

May 31, 2023

Tourism and travel have come roaring back into business post-pandemic, and today a startup called Hostaway that’s building technology for one segment of that market — those owning and/or managing vacation rentals — is announcing a major round of funding to grab the opportunity. The startup, which provides software used to help manage vacation rentals […]

Hostaway unlocks $175M to expand its vacation rental management platform by Ingrid Lunden originally published on TechCrunch

China isn’t waiting to set down rules on generative AI

May 31, 2023
China Report is MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. Back in April, there was a major development in the AI space in China. The Chinese internet regulator published a draft regulation on generative AI. Named Measures for the Management of Generative Artificial Intelligence Services,…

NomuPay, formed from pieces of failed fintech Wirecard, says it’s raised $53.6M for cross-border payments

May 31, 2023

We still see regular updates on the calamitous fallout of the 2020 collapse of Wirecard, the now-insolvent fintech out of Germany that had built an elaborate house of cards on false accounting and murky business. Meanwhile, some of the assets from that operation, now under new ownership, appear to be in growth mode. NomuPay — […]

NomuPay, formed from pieces of failed fintech Wirecard, says it’s raised $53.6M for cross-border payments by Ingrid Lunden originally published on TechCrunch

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch

May 31, 2023

Taxfix leaped to a $1 billion valuation in 2022 on the back of a popular mobile app used by consumers help with tax returns. But fast forward to 2023, and the Berlin-based accounting startup is taking an audit of its own affairs. TechCrunch has learned and confirmed that Taxfix has laid off 20% of its […]

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch by Jagmeet Singh originally published on TechCrunch

No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked

May 30, 2023

Few lawyers would be foolish enough to let an AI make their arguments, but one already did, and Judge Brantley Starr is taking steps to ensure that debacle isn’t repeated in his courtroom. The Texas federal judge has added a requirement that any attorney appearing in his court must attest that “no portion of the […]

No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked by Devin Coldewey originally published on TechCrunch

Elizabeth Holmes is now behind bars: how we got here

May 30, 2023

Ten years ago, Elizabeth Holmes’ biotech startup Theranos was valued to be worth $10 billion. Five years ago, she was indicted for wire fraud. Finally, today, Holmes reported to prison to begin serving her sentence of 11 years and 3 months. It usually doesn’t take so long after an indictment for a defendant to be […]

Elizabeth Holmes is now behind bars: how we got here by Amanda Silberling originally published on TechCrunch