Month: November 2022
VCs decipher the recent fintech layoffs — and why they’re happening now
Many big companies in the fintech world cut jobs in the past month. And yet Stripe’s announcement it would lay off 14% of its workforce still made a splash, proving that unicorns and decacorns are not immune to the challenging economic and fundraising conditions. The Stripe news closely follows Chime confirming this week that 12% … Read more
Hear NASA’s science and tech ambitions from Carolyn Mercer at TC Sessions: Space
TechCrunch Sessions: Space returns on December 6, and among our distinguished guests is Dr. Carolyn Mercer, chief technologist for NASA’s Science Mission Directorate, who will share the agency’s tech and science ambitions and priorities in the Artemis era. Mercer is a NASA veteran and started as a research engineer at Glenn before ascending through the … Read more
Bitcoin supera los US$21K a pesar del inesperado informe de empleo de EE. UU.
El precio de bitcoin subió hasta US$21.287 en las últimas 24 horas, el valor más alto desde el 13 de septiembre.
Coinbase’s Weak Third Quarter May Not be the Bottom: Wall Street
Coinbase Global said that interest income from USDC gave them a boost while trading on the platform continued to weaken.
How to transfer $1 billion for basically free: Bitcoin whale watching
At just 15 sats/vByte, a Bitcoin user is demonstrating just how cheap it is to send vast sums of money across the internet.
TikTok is down, telling users there’s ‘no internet connection’
Not the best day for TikTok. | Illustration by Nick Barclay / The Verge If you can’t pull up TikTok to zone out for a few minutes, it’s not your internet connection — the app is suffering from a worldwide outage. While the service is accessible for us from a desktop web browser, many people … Read more
Fintech argentina Ualá habilita la compraventa de bitcoin y ether
El servicio estará disponible para 4,5 millones de usuarios en el país sudamericano en las próximas semanas.
Emerge Career’s pre-release job training lands $3.2M seed and new state contracts
Education options during and after incarceration have never been particularly extensive, despite the best intentions of educators. Emerge Career is working on changing that, and its early success in putting formerly incarcerated folks to work is attracting investment from both VCs and government programs. It was only August when Emerge first appeared as it came … Read more
TechCrunch+ roundup: TAM tough love, ‘building in public,’ 6 key SaaS metrics
Are you ready to launch a bajillion-dollar startup? Before you start: Are you planning to build a centaur, a unicorn or perhaps a decacorn? Startup pitching has become an existential drama, in part because so many founders exaggerate the size of the total addressable market (TAM) in which they hope to compete. At TechCrunch Disrupt, … Read more
Don’t Mistake Tech Layoffs for a Recession
If job numbers are so strong, why all the layoffs in technology?
Why Robinhood and Coinbase gained ground after reporting earnings
You’d be forgiven for expecting public fintech companies that facilitate consumer trading to be under pressure this week. And yet, after reporting earnings, the share prices of two pandemic-era highfliers gained ground. Coinbase and Robinhood up? In this economy? Yes. Of the out-of-fashion tech sectors, consumer trading has to be among the most out of … Read more
UK lawmakers open inquiry into NFT regulation — ‘there are fears that the bubble may burst’
According to the DCMS committee, NFT regulation in the U.K. is “largely non-existent,” with lawmakers planning to assess the assets ahead of a review by the treasury department.
Tim Berners-Lee: Web3 is not the web
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How to use Continuity Camera on macOS
Samar Haddad / The Verge Continuity Camera is one of the most exciting features of macOS Ventura. It allows you — if you’re taking a call from your MacBook — to substitute an iPhone’s camera for the webcam. The feature can be a bit of a hassle to set up, but once you’ve got all … Read more
Bitcoin Tops $21K, Shrugging Off Unexpectedly Strong US Jobs Report
The bitcoin price rose as high as $21,287 in the past 24 hours, the highest since Sept. 13.
Deploy BLOOM-176B and OPT-30B on Amazon SageMaker with large model inference Deep Learning Containers and DeepSpeed
The last few years have seen rapid development in the field of deep learning. Although hardware has improved, such as with the latest generation of accelerators from NVIDIA and Amazon, advanced machine learning (ML) practitioners still regularly encounter issues deploying their large deep learning models for applications such as natural language processing (NLP). In an … Read more
Zero Hash da el primer paso en América Latina y comienza a operar en Brasil
Tras abrir una oficina en San Pablo, la empresa ahora planea ofrecer soluciones de liquidez a clientes de ese país sudamericano.
Dogecoin trader explains why shorting DOGE now makes sense
The independent market analyst will short Dogecoin even more if Elon Musk goes ahead with his plans to add DOGE payments to Twitter.
Asteroid surveys are on the hunt for ‘city killers’
An artist’s impression of an asteroid lurking inside the orbits of Earth and Venus. | Image: DOE/FNAL/DECam/CTIO/NOIRLab/NSF/ This week, astronomers announced the discovery of three previously unknown near-Earth asteroids that had been hiding in the glare of the Sun — and one of them is a giant. At nearly a mile (1.5 kilometers) across, it … Read more
What investors really think about the TAM slide in your pitch deck
We’re encouraged to think of pitch meetings as a trial by fire: If an entrepreneur can negotiate deadly traps and slay the doubt monsters that bedevil tech investors, they’ll be rewarded with a golden SAFE note at the end of their quest. Particularly for first-timers, the pitch has become an existential drama, which can lead … Read more
Why are institutions accumulating crypto in 2022? Fidelity researcher explains
Institutional involvement in crypto, especially in Ethereum, has increased in 2022 despite the bear market, according to the latest findings of a Fidelity Digital Assets survey.
Musk blames ‘activist groups’ for major advertisers pausing spending on Twitter
As mass layoffs begin at Twitter, major advertisers are pausing their campaigns on the social network — a move that’s gotten the attention of newly-minted CEO Elon Musk. In a tweet this morning, Musk blamed a “massive drop” in Twitter revenue on “activist groups pressuring advertisers,” likely referring to an open letter sent Tuesday by … Read more
Should Twitter embrace porn and compete with OnlyFans?
So let’s say hypothetically, you’re an extremely online billionaire who just bought a social media platform for $44 billion, a purchase you presumably regret given the fact that you spent months in legal limbo trying and failing to get out of the deal. You’re probably wondering how you can turn a company that operated at … Read more
At Stake in the US Midterms: The Future of Money
What’s at stake in the makeup of Congress in 2023 is bigger for crypto than it’s ever been, with some seminal regulatory legislation up for consideration, and that this matters not only to crypto natives but to everyone because the laws in question could define the future of money.