In a slowing market, venture investor Canaan still closes $850M across two new funds

April 6, 2023

The market is slowing down, but that’s not stopping Canaan, a 35-year-old early stage venture firm that invests in both tech and healthcare. It just closed on $850 million in capital commitments across two new funds: a $650 million flagship fund — its 13th — and a separate $200 million fund to support its breakaway […]

In a slowing market, venture investor Canaan still closes $850M across two new funds by Connie Loizos originally published on TechCrunch

ChatGPT is going to change education, not destroy it

April 6, 2023
The response from schools and universities was swift and decisive. Just days after OpenAI dropped ChatGPT in late November 2022, the chatbot was widely denounced as a free essay-writing, test-taking tool that made it laughably easy to cheat on assignments. Los Angeles Unified, the second-­largest school district in the US, immediately blocked access to OpenAI’s…

Amazon’s $1.7B iRobot acquisition scrutinized by UK on competition grounds

April 6, 2023

The U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s assessing Amazon’s proposed acquisition of robot vacuum maker iRobot. The case is still at its earliest possible stage, where the CMA is essentially soliciting comments from relevant stakeholders to establish whether there may be a “substantial lessening of competition” in the U.K. as a […]

Amazon’s $1.7B iRobot acquisition scrutinized by UK on competition grounds by Paul Sawers originally published on TechCrunch

Twitter’s new feature will show ‘half ads’ to Blue subscribers

April 6, 2023

Twitter is rolling out additional features for Blue subscribers including showing 50% of ads in their timeline compared to non-paid users and a visibility boost in search. Elon Musk had long promised that Twitter Blue subscribers would get a feature to see fewer sponsored tweets. Now, the company has finally implemented the feature, and will […]

Twitter’s new feature will show ‘half ads’ to Blue subscribers by Ivan Mehta originally published on TechCrunch