Is venture funding already back?

Despite continuing talk about a possible recession, slumping tech stocks and a slowdown in the world of startup investing, the business of funding was positively humming last week. After slowing way down last spring, venture outfits disclosed a stunning $8 billion in new capital commitments in the span of just five days. Consider the following: NEA … Read more

Build a water consumption forecasting solution for a water utility agency using Amazon Forecast

Amazon Forecast is a fully managed service that uses machine learning (ML) to generate highly accurate forecasts, without requiring any prior ML experience. Forecast is applicable in a wide variety of use cases, including estimating supply and demand for inventory management, travel demand forecasting, workforce planning, and computing cloud infrastructure usage. You can use Forecast … Read more

Haun Ventures leads Sovereign Labs’ $7.4M seed round to help scale blockchains

Sovereign Labs has raised $7.4 million in seed funding led by Haun Ventures, co-founders Preston Evans and Cem Özer told TechCrunch. The startup is building an “open, interconnected rollup ecosystem” with a software development kit (SDK) to provide a framework for secure and interoperable zero-knowledge rollups (ZK-rollups). “Sovereign’s goal has always been to make scaling … Read more

The Meta Quest Pro is $400 off this week

Photo by Amelia Holowaty Krales / The Verge Meta has given its professional Meta Quest Pro headset a temporary $400 discount, bringing its cost down to $1,099 in the US. The deal, which, according to CNET, runs for one week in the US and two weeks in the UK at a price of £1,299, at … Read more

TikTok CEO to testify before Congress in March

Illustration by Nick Barclay / The Verge TikTok CEO Shou Zi Chew is expected to appear before Congress in March to face questions from lawmakers over US user safety and security on the popular video app, as first reported by The Wall Street Journal. The Energy and Commerce Committee confirmed the hearing in a press … Read more

Meta is killing Move, another experimental social app from its in-house incubator NPE Team

Meta is killing off yet another project from its in-house R&D group, the NPE Team, following the company’s sizable layoffs announced in November, impacting 13% of its workforce. The latest experiment to be wound down is the social to-do list app called Move, launched last spring, which allowed users to earn points for completing tasks … Read more