Crypto lending firm Celsius Network and its former CEO sued by SEC, CFTC, FTC

July 13, 2023

The now-bankrupt crypto lending firm Celsius Network and its former CEO and co-founder Alex Mashinsky faced several lawsuits on Thursday morning from three separate American entities: The U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC). Bloomberg also reported that Alex Mashinsky, co-founder and ex-CEO of […]

Crypto lending firm Celsius Network and its former CEO sued by SEC, CFTC, FTC by Jacquelyn Melinek originally published on TechCrunch

QED leads $7M round into startup that offers financing to SaaS businesses across US-South Asia corridor

July 13, 2023

There are a number of companies in the U.S. that offer revenue-based financing to SaaS companies including Capchase, Pipe, Founderpath and Arc. But the options for South Asian companies are far more limited. A new startup, Efficient Capital Labs (ECL), has emerged to give B2B SaaS companies operating in the South Asia-US corridor more financing […]

QED leads $7M round into startup that offers financing to SaaS businesses across US-South Asia corridor by Mary Ann Azevedo originally published on TechCrunch

China unveils provisional rules for generative AI, including a licensing regime

July 13, 2023

As the use cases of generative AI see explosive adaption, China has taken a leading role in defining how the rapidly changing technology should be used, including a licensing regime for service providers. On Thursday, China’s top cyberspace regulator unveiled a set of provisional rules to govern generative AI services, including API providers, that serve […]

China unveils provisional rules for generative AI, including a licensing regime by Rita Liao originally published on TechCrunch

Apple’s password manager is compatible with third-party browsers in latest macOS beta

July 13, 2023

Yesterday, Apple released the first public beta of macOS Sonoma — the next major update for macOS that will be available to everyone this fall. Following this update, Mac users will be able to use Apple’s password manager in third-party web browsers, such as Google Chrome, Microsoft Edge and Arc. You may not be aware […]

Apple’s password manager is compatible with third-party browsers in latest macOS beta by Romain Dillet originally published on TechCrunch

Causaly, an AI platform for drug discovery and biomedical research, raises $60M

July 13, 2023

Artificial intelligence has been a big theme in the world of health and medical research, and specifically in the area of drug discovery. Today, another hopeful in the space is announcing a funding round to expand its own contribution to the field. Causaly, a London startup that has built an AI platform to help researchers […]

Causaly, an AI platform for drug discovery and biomedical research, raises $60M by Ingrid Lunden originally published on TechCrunch