Technology

Money Fellows, an Egyptian fintech digitizing money circles, raises $31M funding

October 31, 2022

Egyptian fintech Money Fellows has raised $31 million in what it describes as the first close of its Series B investment. The round, which the startup expects to top up in the coming months, was led by CommerzVentures, Middle East Venture Partners (MEVP) and Arzan Venture Capital. Other participating investors include Partech, Sawari Ventures, Invenfin, […]

Money Fellows, an Egyptian fintech digitizing money circles, raises $31M funding by Tage Kene-Okafor originally published on TechCrunch

Elon Musk refutes Twitter layoff timing to affect year-end compensation

October 31, 2022

Elon Musk, Chief Twit, has refuted claims from a New York Times report this weekend that states he plans to lay off employees before Tuesday, November 1, thus cutting staff off from receiving stock grants as part of their compensation. In response to a tweet from Eric Umansky, deputy managing editor of ProPublica, that said […]

Elon Musk refutes Twitter layoff timing to affect year-end compensation by Rebecca Bellan originally published on TechCrunch

This Week in Apps: Elon buys Twitter, new App Store rules, gambling ads backlash

October 29, 2022

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by […]

This Week in Apps: Elon buys Twitter, new App Store rules, gambling ads backlash by Sarah Perez originally published on TechCrunch

Elon Musk doesn’t know what it takes to make a digital town square

October 29, 2022
It was in 2009 when the power of Twitter really became evident. As some Iranians tweeted through the country’s elections during a media blackout, the site began to emerge as a critical tool of global activists. Later movements, including the 2011 Egyptian revolution and the Movement for Black Lives, relied on Twitter to disseminate information…

Why “generative AI” is suddenly on everyone’s lips: it’s an “open field”

October 29, 2022

If you’ve been closely following the progress of Open AI, the company run by Sam Altman whose neural nets can now write original text and create original pictures with astonishing ease and speed, you might just skip this piece. If, on the other hand, you’ve only been vaguely paying attention to the company’s progress and […]

Why “generative AI” is suddenly on everyone’s lips: it’s an “open field” by Connie Loizos originally published on TechCrunch

I made it big on Twitter. Now I don’t think I can stay.

October 29, 2022
For a long time, it was worth it to stay on Twitter because Twitter had the power to change your life. I broke big on Twitter more than 10 years ago with a hashtag, #solidarityisforwhitewomen, and Twitter was great for my career. It gave me access to a global audience and allowed me unprecedented access…

NASA’s Psyche mission to a metal-rich asteroid is back on the books for October 2023

October 28, 2022

NASA said Friday that its Psyche mission (named after the asteroid the mission is targeting) has been rescheduled to October next year. The news comes just a few months after the agency announced that it would definitively miss its planned 2022 launch attempt. The delayed schedule is due to late delivery of key components of […]

NASA’s Psyche mission to a metal-rich asteroid is back on the books for October 2023 by Aria Alamalhodaei originally published on TechCrunch

The Download: the human toll of ethical AI, and lab-grown meat

October 28, 2022
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. Responsible AI has a burnout problem Margaret Mitchell had been working at Google for two years before she realized she needed a break. Only after she spoke with a therapist did she understand…

Responsible AI has a burnout problem

October 28, 2022
Margaret Mitchell had been working at Google for two years before she realized she needed a break. “I started having regular breakdowns,” says Mitchell, who founded and co-led the company’s Ethical AI team. “That was not something that I had ever experienced before.” Only after she spoke with a therapist did she understand the problem:…