Meta confirms launch of a bonus program for creators on Threads

April 29, 2024

Meta’s Threads social network passed the 150 million monthly users mark recently, but the company is not slowing down its growth engine. To increase engagement, the social media giant is running a limited-time bonus program for Threads. Over the last few days, many accounts have posted about this program. The company confirmed to TechCrunch about […]

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TechCrunch Minute: Elon Musk’s big plans for xAI include raising $6 billion

April 29, 2024

TechCrunch recently broke the news that Elon Musk’s xAI is raising $6 billion at a pre-money valuation of $18 billion. The deal hasn’t closed yet, so the numbers could change. But it sounds like Musk is making an ambitious pitch to investors about his 10-month-old startup — a rival to OpenAI, which he also co-founded […]

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Backflip raises $15 million to help real estate investors flip houses

April 29, 2024

Flipping houses is not for the faint of heart, no matter how fun or easy HGTV might make it seem. One startup wants to make the process less complicated by offering a different way to borrow money to fund such a purchase. Founded in late 2020, Backflip offers a service to real estate investors for […]

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Musk’s xAI shows there’s more money on the sidelines for AI startups

April 29, 2024

We’re off to an AI-heavy start to the week. OpenAI has a new deal with the Financial Times that caught our eye. Sure, it’s another content licensing deal, but there appears to be a bit more in the tie-up than just content flowing one way, and money the other. On this early-week episode of Equity, […]

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Twitter co-founder Biz Stone joins Mastodon’s new U.S. non-profit’s board

April 29, 2024

Biz Stone, a Twitter co-founder, is among those who have joined the board of directors of Mastodon’s new U.S. non-profit, announced Mastodon CEO Eugen Rochko over the weekend. Mastodon’s service, an open source, decentralized social network and rival to Elon Musk’s X, has gained increased attention following the Twitter acquisition as users sought alternatives to […]

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