Crypto-friendly bank Silvergate to wind down after FTX blow-up

March 9, 2023

Silvergate Capital Corporation, the holding company of crypto-focused Silvergate Bank, announced Wednesday its intent to wind down operations and voluntarily liquidate the banking unit. The move came days after Silvergate shocked the industry with news that it was facing a financial crisis. The institution, which was one of the few banks that acted as an […]

Crypto-friendly bank Silvergate to wind down after FTX blow-up by Rita Liao originally published on TechCrunch

Wattpad lays off 15% of its staff, blames changing economic environment

March 9, 2023

Challenging economic conditions are affecting companies of all sizes, resulting in job cuts. Storytelling platform Wattpad announced Tuesday that it has laid off 42 of its 267 people workforce — that’s nearly 15% of the staff. It will provide at least 12 weeks of severance and six months of continued benefits to the departing employees. […]

Wattpad lays off 15% of its staff, blames changing economic environment by Ivan Mehta originally published on TechCrunch

Asia spurs transparency and digital economy growth 

March 9, 2023
From generating artworks to creating sustainable supply chains, artificial intelligence (AI) has become a critical tool in a myriad of economic sectors worldwide. As global enterprises increasingly use AI to gain a competitive edge, governments are also working hard to fuel innovation and growth with AI.  In recent years, Asian countries have stepped up efforts…

Houseware launches out of stealth to help SaaS companies optimize revenue using data

March 9, 2023

Using data to make better decisions faster helps startups in the crowded SaaS space improve product development, identify hidden market opportunities and complete work with fewer false steps, important priorities as these startups seek out a piece of the booming SaaS market, projected to increase by 19.7% over the next six years.   A Singapore- and […]

Houseware launches out of stealth to help SaaS companies optimize revenue using data by Kate Park originally published on TechCrunch

QuantWare raises €6M to scale its quantum processor business

March 9, 2023

QuantWare, the Dutch startup that builds quantum processors for research and commercial usage, today announced that it has raised a €6 million seed round (that’s about $6.33 million) led by Dutch deep tech investor Forward.One, with participation from QDNL Participations and Graduate Entrepreneur, among others. The company says it will use this new funding to […]

QuantWare raises €6M to scale its quantum processor business by Frederic Lardinois originally published on TechCrunch

Faraday Future on track to start production of FF 91 this month if funds come through

March 9, 2023

Faraday Future said Wednesday it plans to start production of its all-electric FF 91 Futurist SUV at the end of March after years of delay, lack of capital and internal drama that threatened the company’s existence. Faraday Future had previously indicated that production would start in March, but had yet to select a date. There […]

Faraday Future on track to start production of FF 91 this month if funds come through by Kirsten Korosec originally published on TechCrunch

Comedian Hasan Minhaj returns as The Riddler in new Spotify podcast series

March 8, 2023

Among the wave of Spotify announcements coming out of today’s Spotify Stream On event, the company also shared some exciting news with podcast listeners– in particular, Batman fans. Spotify is launching a new podcast series “The Riddler: Secrets in the Dark,” starring comedian-actor Hasan Minhaj as The Riddler. As part of Spotify’s exclusive multiyear partnership […]

Comedian Hasan Minhaj returns as The Riddler in new Spotify podcast series by Lauren Forristal originally published on TechCrunch