Mira Murati’s Thinking Machines Lab closes on $2B at $10B valuation
Daily Crunch: HSBC buys Silicon Valley Bank UK, says ‘customers should not notice any changes’
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: HSBC buys Silicon Valley Bank UK, says ‘customers should not notice any changes’ by Haje Jan Kamps originally published on TechCrunch
Max Q: Have luck and good fun
In this issue: Relativity scrubs first Terran 1 launch attempt; claims of age discrimination in hiring at Blue Origin; news from Starfish Space and more
Max Q: Have luck and good fun by Aria Alamalhodaei originally published on TechCrunch
Meta winds down support for NFTs on Instagram and Facebook
Looks like Meta is NGMI, as some might put it. Meta’s head of commerce and financial technologies Stephane Kasriel posted on Twitter that the company will sunset its NFT and digital collectibles features on Instagram and Facebook. This short-lived product only began testing with select Instagram creators last May, plus some Facebook users in June. […]
Meta winds down support for NFTs on Instagram and Facebook by Amanda Silberling originally published on TechCrunch
How Web3 Is Making Now the Most Exciting Time to Be a Creator
SVB’s mess could become stablecoins’ problem
After USDC depegged from $1 last week, many are questioning whether SVB’s collapse has bigger implications on the stablecoin ecosystem
SVB’s mess could become stablecoins’ problem by Jacquelyn Melinek originally published on TechCrunch
‘I Can’t Say Thank You Enough’: Jason Derulo Surprises Waiter By Paying Off Semester of College With $5,000 Tip
How to Make Your Higher Education Institution More Appealing to Prospective Students
Y Combinator cuts nearly 20% of staff, scales back growth stage investments
Y Combinator will be writing less checks toward late-stage companies, a scale back that also cost 17 team members – or roughly 20% of the accelerator’s employees – their jobs, according to a statement released on Monday. The accelerator told TechCrunch that Silicon Valley Bank’s failure was not a factor and that they have been […]
Y Combinator cuts nearly 20% of staff, scales back growth stage investments by Natasha Mascarenhas originally published on TechCrunch