Elon Musk’s Twitter layoffs leave whole teams gutted
Vjeran Pavic / The Verge About half of Twitter’s 7,500 employees are now gone, with teams focused on trust and safety issues hit the hardest. Continue reading…
How to land investors who fund game-changing companies
A lot of problems worth solving aren’t ones that you can solve in a year or two or even 10. For founders and investors alike, such long timelines can seem daunting. But for Gene Berdichevsky, co-founder and CEO of battery tech startup Sila, hard tech problems are also some of the most tantalizing. “It’s always … Read more
Stability AI backs effort to bring machine learning to biomed
Stability AI, the venture-backed startup behind the text-to-image AI system Stable Diffusion, is funding a wide-ranging effort to apply AI to the frontiers of biotech. Called OpenBioML, the endeavor’s first projects will focus on machine learning based approaches to DNA sequencing, protein folding, and computational biochemistry. The company’s founders describe OpenBioML as an “open research … Read more
Needham’s John Todaro Says USDC Is ‘Exciting’ for the Long Term and Will Benefit Coinbase
John Todaro, vice president at investment and asset management firm Needham & Co., discusses whether USDC could become the “de facto” CBDC for the U.S. and why crypto exchange Coinbase could operate like a bank if it were to “mint” more of the stablecoin.
RStudio is now Posit
Comments
Thoughts about Twitter
Comments
Crypto Biz: Was Celsius just a Ponzi after all?
The bankrupt crypto lender has been accused by customers of being a Ponzi. Meanwhile, Binance’s $500 million investment in Elon Musk’s Twitter has been confirmed.
Buying your own identity on Elon’s Twitter and other news
This week Amanda Silberling and I went live on LinkedIn and Twitter Spaces to talk about Elon Musk’s questionable plans for blue checks on Twitter. Then, I talk with Natasha Mascarenhas about a new startup, Rewind, that wants to help humans have perfect memory. And as always, we break down the biggest stories in tech. … Read more
Combined HBO Max/Discovery+ service gets an earlier launch date, price hike is to be expected
After Warner Bros. Discovery reported its third-quarter earnings results yesterday, the company told investors and analysts in a call that the forthcoming combined HBO Max/Discovery+ streaming service will now launch in the U.S. earlier than previously announced. CEO David Zaslav said the yet-to-be-named service is now getting a spring 2023 launch instead of in the … Read more
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.