IBM, like pretty much every tech giant these days, is betting big on AI. At its annual Think conference, the company announced IBM Watsonx, a new platform that delivers tools to build AI models and provide access to pretrained models for generating computer code, text and more. It’s a bit of a slap in the […]
IBM intros a slew of new AI services, including generative models by Kyle Wiggers originally published on TechCrunch
From the makers of Pokémon GO comes another mobile game that brings cute little creatures to our fingertips: Peridot. Like a ‘90s Tamagotchi toy, Peridot is a pet simulator, but it takes place completely within augmented reality (AR). You can feed, play, walk, breed, forage and socialize with your Peridots, but don’t worry: if you […]
Niantic’s new game Peridot is Pokémon GO meets Tamagotchi by Amanda Silberling originally published on TechCrunch
Despite the investor caution narrative permeating the startup world throughout the economic downturn, certain startup-types have been a little more impervious to market conditions. The global supply chain was one of the major industrial casualties of the pandemic, so it perhaps goes without saying that companies tackling issues related to the global supply chain would […]
Prewave pulls in $20M as supply chain tech investments remain on VC radars by Paul Sawers originally published on TechCrunch
LinkedIn is cutting 716 jobs and will begin phasing out its local jobs app in China. In a letter today, LinkedIn CEO Ryan Roslanky said the decision to shutter the standalone China app, called InCareer, was because of “fierce competition and a challenging macroeconomic climate.” While reducing some roles, LinkedIn, which is owned by Microsoft, […]
LinkedIn cuts 716 jobs as it phases out its China app by Catherine Shu originally published on TechCrunch
Shopify last week announced that it would be the latest big tech firm to undergo mass layoffs. The company is cutting 20% of its 11,600-person staff. The news arrived during earnings that beat Wall Street expectations, shooting its stock price up as a result. Also included in the announcement was news that the Canadian e-commerce […]
Shopify sells 6 River Systems to new owner by Brian Heater originally published on TechCrunch
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: In its second markdown in 4 months, Invesco slashes Swiggy’s valuation to $5.5B by Christine Hall originally published on TechCrunch
In this issue: Environmentalists sue over Starship; Nuview’s plan to make a 3D map of the world; News from Maxar, and more
Max Q: A lawsuit? Over Starship? I’m shocked by Aria Alamalhodaei originally published on TechCrunch
Casey Handmer is not intimidated by very large quantities. Trillions of acres. Thousands of gigawatts of solar power. A billion metric tons of carbon. His startup, Terraform Industries, aims to operate at these ambitious scales. The company wants to turn hydrogen and atmospheric carbon into synthetic natural gas at scale. It’s more than a little […]
Terraform Industries wants to solve climate change by making more hydrocarbons by Aria Alamalhodaei originally published on TechCrunch
Conferences and other in-person events rushing to impose facial recognition on attendees in Europe without doing the necessary due diligence over data protection risks beware: The organizers of the global connectivity industry shindig, Mobile World Congress (MWC), which takes place annually in Barcelona, have been fined €200,000 (~$224k) by Spain’s data protection watchdog over a breach […]
MWC’s organizer slapped with GDPR fine over biometrics ID checks due diligence by Natasha Lomas originally published on TechCrunch