December 23, 2025

How social media encourages the worst of AI boosterism

Demis Hassabis, CEO of Google DeepMind, summed it up in three words: “This is embarrassing.”   Hassabis was replying on X to an overexcited post by Sébastien Bubeck, a research scientist at the rival firm OpenAI, announcing that two mathematicians had used OpenAI’s latest large language model, GPT-5, to find solutions to 10 unsolved problems in…

Amazon backs Indian kids fashion brand Hopscotch in $20M funding

May 24, 2023

Hopscotch, an Indian brand offering fashion wear for kids, has raised $20 million in a funding round led by Amazon amid the ongoing market slowdown and funding crunch that have significantly impacted young firms in the South Asian nation. The Mumbai-headquartered startup’s Series E financing round also saw participation from existing investors including IIFL Seed […]

Amazon backs Indian kids fashion brand Hopscotch in $20M funding by Jagmeet Singh originally published on TechCrunch

Housing Market Update May 2023

May 24, 2023
For years, home sellers were in complete control of the home-buying process. With a lack of inventory and strong demand from buyers, sellers could list nearly any price and find…

US government targets North Korea’s illicit IT workforce with new sanctions

May 24, 2023

The U.S. government announced new sanctions against North Korea related to its army of illicit IT workers that have fraudulently gained employment to finance the regime’s weapons of mass destruction programs. North Korea maintains thousands of “highly skilled” IT workers around the world, primarily in China and Russia, which “generate revenue that contributes to its […]

US government targets North Korea’s illicit IT workforce with new sanctions by Carly Page originally published on TechCrunch

Meta conducts yet another round of layoffs

May 24, 2023

Meta is waging its latest round of layoffs on Wednesday, estimated to impact about 6,000 people. These cuts are part of the company’s so-called “Year of Efficiency,” in which Meta is being massively restructured to save money and flatten the organization structure. Employees knew the layoffs were coming. Meta founder and CEO Mark Zuckerberg announced […]

Meta conducts yet another round of layoffs by Amanda Silberling originally published on TechCrunch

Don’t miss your last chance to pitch on the TC Disrupt stage

May 24, 2023

Early-stage startup founders, listen up! We’re on the Startup Battlefield 200 (SB 200) homestretch. You have just one week left to hunker down and show us why we should pick you to join our elite cohort for a free VIP experience and the chance to pitch on the TechCrunch Disrupt stage in San Francisco on […]

Don’t miss your last chance to pitch on the TC Disrupt stage by Neesha A. Tambe originally published on TechCrunch

The Download: alternative aviation fuels, and drone-delivered bubble tea

May 24, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Everything you need to know about the wild world of alternative jet fuels  The aviation industry is responsible for about 3% of all human-caused global warming. One way it hopes to reduce that…