Daily Crunch: Music fans revisit their year in music with Spotify Wrapped 2022
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Heeeeeey! Couple of fun things we have in the pipeline at the moment… Did you know we’re looking for you and your expertise for our TechCrunch founder summit? Join us for a … Read more
Crypto Markets Today: Kraken Becomes the Latest Industry Giant to Cut Its Workforce
The crypto exchange is cutting 30% of its global staff. ALSO: Bitcoin surges along with equity markets on the Federal Reserve Chair’s dovish tone in a speech Wednesday. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Stability AI doubles down on AWS
Microsoft may have long had OpenAI as its trusty partner (after its sizable investment), but AWS today announced that Stability AI, one of the hottest new upstarts in the generative AI space and the company behind Stable Diffusion, is doubling down on its cloud, making it its “preferred cloud provider to build and scale its … Read more
Huobi, Poloniex announced strategic partnership despite initial denials of a merger
The exchanges will cooperate progressively in HT coin development, liquidity sharing and global compliance, plus Huobi will monitor Poloniex for new projects to list.
Warner Bros. Discovery and Amazon are teaming up to produce new animated DC projects
Superman and Batman in Batman and Superman: Battle of the Super Sons. | Warner Bros. Animation Warner Bros. Discovery’s television-focused production arm is partnering with Amazon Studios to create new animated projects based on DC Comics’ IP, yet another sign of how the company is changing under CEO David Zaslav’s leadership. During a keynote session … Read more
TikTok CEO Shou Zi Chew explains how US data will be kept out of China
TikTok CEO Shou Zi Chew gave a rare public interview at The New York Times’ DealBook conference today, telling host Andrew Ross Sorkin that he is “responsible for all the strategic decisions at TikTok” in response to a question about interference from the Chinese government. The 40-year-old Chew was funny and relaxed for most of … Read more
Bankman-Fried claims: ‘I unknowingly commingled funds’ at DealBook Summit
Sam Bankman-Fried was speaking at the New York Times’ DealBook Summit live on Nov. 30.
Zens’ new Apple MagSafe multicharger powers up to four devices
A four-in-one charging behemoth. | Image: Zens Zens is releasing a new set of charging stands today, offering a mix of wireless and wired charging for up to four devices. At the top of the list is the Zens 4-in-1 Modular Wireless Charger, which has an official MagSafe stand for charging iPhones at 15W wireless … Read more
Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse
The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable.
1 billion people will be connected to 5G by the end of the year
The 5G future is imminent. | Photo by Vjeran Pavic / The Verge 5G is about to hit a major milestone. Telecom equipment maker Ericsson says in its latest mobility report that 1 billion wireless subscribers around the globe will be connected to 5G by the end of the year. That’s still far behind 4G, … Read more
GIMP Turns 27
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Musk at Twitter has ‘huge work’ ahead to comply with EU rules, warns bloc
European Union regulators have fired another warning shot at Elon Musk over his erratic piloting of Twitter since his takeover last month — saying he has “huge work” ahead if the social media site is to avoid falling foul of major new governance rules for digital services which entered into force earlier this month. Reminder: … Read more
US CFTC commissioner calls for new category to protect small investors from crypto
Speaking the FIA meeting in Singapore, Christy Goldsmith Romero compared the typical crypto investor, who may be of modest means, with the investors the CFTC is used to.
Market maker Keyrock closes $72 million in Series B funding round
Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures.
Coinbase clarifies bug bounty policy in response to Uber extortion verdict
The policy clarification stated that participants cannot make threats, use extortion, or access customer data beyond what is accidental or occurs in good faith.
YouTube acknowledges its iOS app is crashing, says it’s working on a fix
YouTube’s mobile app on iOS devices is currently down for some users. The crashes began on Wednesday afternoon as thousands of iOS users reported the app would close shortly after opening it. Users also reported seeing a message on the app that said, “A serious error occurred.” TechCrunch tried to replicate the problem and experienced … Read more
Netflix CEO says he’ll order Dave Chappelle specials ‘again and again’ despite employee backlash
Laura Normand / The Verge Netflix CEO Reed Hastings said the company would order Dave Chappelle’s comedy specials “again and again” at The New York Times’ DealBook Summit on Wednesday. Chappelle’s last comedy special, The Closer, came under fire by employees for being transphobic. “We’re just trying to be the most exciting entertainment company and … Read more
9 suitcase-friendly gifts for frequent flyers
Once upon a time, I used to write TechCrunch’s travel gifts roundup. It was a fun story to piece together, and I was more than happy to do the honors – and play around with some fun gadgets in the process. We hit the big red pause button on the roundup during the 2020 holiday … Read more
Bret Taylor steps down as co-chair and CEO of Salesforce
It’s been quite a roller coaster ride for Bret Taylor over the last year. In one week last December, he was named board chair at Twitter and co-CEO at Salesforce. One year later, he doesn’t have either job. Taylor lost the job as Twitter board chair when Elon Musk took over last month and dissolved … Read more
Sen. Warren: Biden administration worked to stop crypto being ‘dangerously intertwined’ with banks
The Massachusetts senator, an outspoken skeptic of crypto, applauded the efforts of FDIC acting chair Martin Gruenberg to separate digital assets from banking.
US Prosecutors Charge 21 Alleged ‘Money Mules’ With Using Crypto to Launder Proceeds of Cybercrimes
Prosecutors in Texas have slapped 21 U.S. citizens with an assortment of criminal charges for allegedly helping various transnational criminal rings launder their ill-gotten gains using cryptocurrency
Elon Musk is dragging Apple into the culture wars
Illustration by Nick Barclay / The Verge And unfortunately for him, that might still not kill the Apple tax. Continue reading…
Stability AI builds foundation models on Amazon SageMaker
We’re thrilled to announce that Stability AI has selected AWS as its preferred cloud provider to power its state-of-the-art AI models for image, language, audio, video, and 3D content generation. Stability AI is a community-driven, open-source artificial intelligence (AI) company developing breakthrough technologies. With Amazon SageMaker, Stability AI will build AI models on compute clusters … Read more
FTX proves MiCA should be passed fast, officials tell European Parliament committee
In its latest hearing on FTX, the committee looked to financial officials to assess the impact of FTX’s collapse in Europe and suggest a way forward.
Two Bored Apes sell for $1M each: Nifty Newsletter, Nov. 23–29
At the height of the bear market, two NFT collectors have paid almost $1 million to purchase Bored Ape NFTs.