Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch

May 31, 2023

Taxfix leaped to a $1 billion valuation in 2022 on the back of a popular mobile app used by consumers help with tax returns. But fast forward to 2023, and the Berlin-based accounting startup is taking an audit of its own affairs. TechCrunch has learned and confirmed that Taxfix has laid off 20% of its […]

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch by Jagmeet Singh originally published on TechCrunch

No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked

May 30, 2023

Few lawyers would be foolish enough to let an AI make their arguments, but one already did, and Judge Brantley Starr is taking steps to ensure that debacle isn’t repeated in his courtroom. The Texas federal judge has added a requirement that any attorney appearing in his court must attest that “no portion of the […]

No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked by Devin Coldewey originally published on TechCrunch

Elizabeth Holmes is now behind bars: how we got here

May 30, 2023

Ten years ago, Elizabeth Holmes’ biotech startup Theranos was valued to be worth $10 billion. Five years ago, she was indicted for wire fraud. Finally, today, Holmes reported to prison to begin serving her sentence of 11 years and 3 months. It usually doesn’t take so long after an indictment for a defendant to be […]

Elizabeth Holmes is now behind bars: how we got here by Amanda Silberling originally published on TechCrunch

Coupang says no plans to enter India

May 30, 2023

Coupang doesn’t plan to enter the Indian market, the company said, refuting a local media report that claimed that the South Korean e-commerce firm had expressed interest in entering the South Asian nation. “Coupang has no plans to enter the Indian market,” a company spokesperson told TechCrunch in a statement. India is one of the […]

Coupang says no plans to enter India by Manish Singh originally published on TechCrunch

Meet the Aerospace Corporation, AMD, Torc and more at Disrupt

May 30, 2023

TechCrunch Disrupt, a veritable who’s who and what’s what in the startup world, takes place on September 19–21 in San Francisco. It’s the perfect destination to find inspiration, gain knowledge, forge new relationships and discover essential tools to help you build your business. Time-sensitive savings: Our Memorial Day two-four-one sale on select passes ends tonight […]

Meet the Aerospace Corporation, AMD, Torc and more at Disrupt by Lauren Simonds originally published on TechCrunch

SEC settles with former Coinbase employee over insider trading charges

May 30, 2023

The U.S. Securities and Exchange Commission (SEC) has settled charges with a former Coinbase product manager and his brother for engaging in insider trading, the agency announced Tuesday. Ishan Wahi, the former Coinbase employee, and brother Nikhil Wahi, engaged in “a scheme to trade ahead of multiple announcements regarding at least nine crypto asset securities […]

SEC settles with former Coinbase employee over insider trading charges by Jacquelyn Melinek originally published on TechCrunch