feeds.feedburner.com_1
TechCrunch feed by Layer3.news

TechCrunch - Reporting on the business of technology, startups, venture capital funding, and Silicon Valley

Public Key

npub159c8tuaycvd6hgjdv2kh89neeygu2zus9myqwn9vk953474cql0s5fwmfm

Profile Code

nprofile1qqs2zur47wjvxxat5fxk9ttnjeuujyw9pwgzajq8fjktz6g6l2uq0hcprfmhxue69uhkzun5d93kcetn9ekxz7t9wgejumn9waesz0kcc2

Publishing to

articles.layer3.news

Author Public Key

npub159c8tuaycvd6hgjdv2kh89neeygu2zus9myqwn9vk953474cql0s5fwmfm

Show more details

Last Notes

2024-09-30 17:52:55

- reply

Summary of Cruise gets $1.5 million penalty for keeping pedestrian crash details from safety regulator
https://techcrunch.com/wp-content/uploads/2022/04/Cruise-car-in-San-Francisco-streets.webp?resize=1200,674
The source article:
#nevent1q…vac9
General Motors' self-driving subsidiary Cruise has been fined $1.5 million by the National Highway Traffic Safety Administration (NHTSA) for failing to report a pedestrian crash in a timely and accurate manner. The company's initial reports omitted that its robotaxi dragged the woman 20 feet. Cruise must submit regular safety reports and a corrective action plan to ensure compliance with the regulator.

2024-09-06 15:54:59

- reply

Summary of The New Data Pipeline: Fivetran, DataStax and NEA are coming to TechCrunch Disrupt 2024
#nevent1q…en3y
The article discusses the importance of data infrastructure in the modern AI world, highlighting the need for meaningful data integration and scalability. It features a panel of industry experts, including George Fraser, CEO of Fivetran; Chet Kapoor, chairman and CEO of DataStax; and Vanessa Larco, partner at NEA, who will share insights on the future of data evolution and strategies for staying ahead in a data-driven world.

2024-09-06 15:54:59

- reply

Bullet points of The New Data Pipeline: Fivetran, DataStax and NEA are coming to TechCrunch Disrupt 2024
- The panel discussion at TechCrunch Disrupt 2024 will focus on the evolution of data infrastructure and its impact on AI applications.
- The speakers, George Fraser, Chet Kapoor, and Vanessa Larco, will share insights on building, managing, securing, and scaling data infrastructures.
- The discussion will explore the shift from data accumulation to meaningful integration and the strategies companies need to employ to stay ahead in a data-driven world.
- George Fraser, CEO of Fivetran, has revolutionized data integration by making it simple and reliable, with data connectors that power businesses of all sizes.
- Chet Kapoor, Chairman and CEO of DataStax, leads the company in its mission to help enterprises use data to scale AI in real-time, with a focus on cloud-native databases and generative AI applications.
- Vanessa Larco, Partner at NEA, believes in the power of passion and focus when building a company and has invested in next-gen enterprise and consumer tech companies.
- The event will provide insights into the future of data and tech innovation, with a focus on the smart, seamless flow of data that fuels AI applications.
- Attendees can secure their pass to Disrupt 2024 to learn from industry leaders and get a front-row seat into tomorrow's tech innovation.

2024-09-06 15:15:19

- reply

Bullet points of Transport for London outages drag into weekend after cyberattack
- TfL is experiencing online outages due to an ongoing cyber security incident
- Several customer-facing systems are offline, including ticketing systems and online real-time Tube arrival information
- TfL has taken action to prevent further access to its systems
- No evidence yet that any customer data was compromised
- TfL employees have been told to work from home due to the incident

2024-09-06 15:15:19

- reply

Summary of Transport for London outages drag into weekend after cyberattack
#nevent1q…xvtt
Transport for London, the government body overseeing the U.K. capital's public transit system, is experiencing online outages due to an ongoing cyber security incident. The incident has affected several customer-facing systems, including ticketing systems and online real-time Tube arrival information. Details of the incident remain scarce, but TfL has stated that it has no evidence yet that any customer data was compromised.

2024-09-06 15:15:17

- reply

Bullet points of Instagram DMs get upgraded with new features
- Instagram is introducing new features to make conversations more engaging, including a sticker maker, photo editing, and themes for chat.
- The new sticker maker allows users to create reaction stickers using cutouts of objects and iPhone's own tool.
- Users can now add stickers or draw over photos before sending them to friends, eliminating the need to save and send separately.
- Instagram will allow users to post a note on their birthday, complete with a cake effect and confetti animation.
- New themes, such as 'Fall' and 'Sabrina Carpenter', will be available for chat to increase engagement and personalization.

2024-09-06 15:15:17

- reply

Summary of Instagram DMs get upgraded with new features
#nevent1q…mrrz
Instagram is adding new features to its direct messaging app, including a sticker maker, ability to add stickers or draw over photos, and new themes. The updates aim to make conversations more engaging and appealing, as the company competes with other social apps.

2024-09-06 15:14:57

- reply

Summary of Students and recent grads: Last day to save on TechCrunch Disrupt 2024 Student Passes
#nevent1q…hquc
TechCrunch Disrupt 2024 offers a discounted Student Pass for $200 off, allowing students to network with over 10,000 tech, startup, and VC leaders, learn from industry giants, and participate in hands-on learning sessions and networking opportunities to accelerate their career and land their first job after college.

2024-09-06 15:14:57

- reply

Bullet points of Students and recent grads: Last day to save on TechCrunch Disrupt 2024 Student Passes
- Secure your TechCrunch Disrupt 2024 Student Pass with a $200 discount before midnight
- Maximize your savings by opting for the Student 4+ Bundle and bring four or more friends along for the experience
- Accelerate your career by networking with over 10,000 tech, startup, and VC leaders at Disrupt 2024
- Learn from industry giants and gain exclusive insights from top leaders and visionaries in AI, SaaS, fintech, startups, VC, space, and beyond
- Participate in over 200 expert-led Roundtable and Breakout Sessions to learn from leaders and entrepreneurs
- Unparalleled networking opportunities with industry leaders through 'Disrupt Week' and various networking events
- Advance your goals more affordably with a discounted Student Pass for Disrupt 2024

2024-09-06 15:14:56

- reply

Bullet points of Last call: Boost your brand by hosting a Side Event at TechCrunch Disrupt 2024
- Maximize your brand's exposure to 10,000 Disrupt attendees and the dynamic Bay Area tech scene
- Choose the event that aligns with your brand's vibe
- Get a personalized discount code for Disrupt 2024 tickets

2024-09-06 15:14:56

- reply

Summary of Last call: Boost your brand by hosting a Side Event at TechCrunch Disrupt 2024
#nevent1q…dvps
TechCrunch Disrupt 2024 is hosting an exclusive Side Event after hours, and today is the final day to apply for free. The event will take place during 'Disrupt Week' from October 26 to November 1, and will provide an opportunity to engage with thousands of attendees and the broader tech community.

2024-09-06 14:07:14

- reply

Bullet points of Real estate revolutions and beanie baby economies
- The Equity podcast discussed various topics, including real estate, AI agents, gambling, and secondary markets, with a focus on complex AI tasks and legalized gambling.
- You.com raised $50 million to take on difficult AI tasks, aiming to be the go-to for complex search, coding, and natural language understanding.
- DubClub, a startup, claims to systematize and legitimize professional betting handicappers, offering a clean business model for this popular but legally fraught line of work.
- Paylocity acquired Airbase for $325 million, with the real value of the deal potentially even higher.
- A recent court ruling may lead to percentage fees being replaced with flat fees and pay-on-close in real estate, with startup Landian pushing for this change.
- Investing in AI is popular, with positions on Anthropic, OpenAI, and xAI commanding a 30% premium on the secondary market, giving equity holders and smaller investors opportunities to ride the hype train.

2024-09-06 14:07:14

- reply

Summary of Real estate revolutions and beanie baby economies
#nevent1q…s5zv
The Equity podcast discusses various topics including AI agents, real estate, and secondary markets. The hosts talk about You.com's $50 million investment in AI, DubClub's attempt to systematize professional betting, Paylocity's $325 million acquisition of Airbase, and a court ruling that may change real estate fees. They also discuss the popularity of investing in AI on the secondary market and the potential for a 'beanie baby economy'.

2024-09-06 13:25:40

- reply

Bullet points of Dutch clean energy investor SET Ventures lands new €200 million fund, which will go toward digital tech
- SET Ventures, a Dutch climate-focused VC firm, has raised its fourth fund, worth €200 million, which is twice the size of its previous one.
- The fund will be deployed into 20 to 25 European startups making renewable energy more mainstream.
- SET Ventures' managing partner Anton Arts believes that a larger fund can drive early-stage firms towards writing larger checks at later stages, driving them away from their area of expertise.
- To avoid this, SET plans to do more deals, not larger deals, by focusing on Series A investments, with initial checks between €2 and €5 million.
- SET's thesis has evolved to focus on digital technologies needed for a carbon-free energy system, differentiating it from other climate-focused firms.
- The firm is willing to invest in companies with a hardware element, but believes software plays a crucial role in bringing innovation to a larger audience through automation.
- SET Ventures has widened its net by adding an office in Germany and plans to increase its geographical coverage with its new fund.
- The firm sees founders with expertise from other sectors applying their learnings to climate startups as a key factor in driving the energy transition.

2024-09-06 13:25:40

- reply

Summary of Dutch clean energy investor SET Ventures lands new €200 million fund, which will go toward digital tech
#nevent1q…mdw5
SET Ventures, a Dutch firm founded in 2007, has raised its fourth fund of €200 million to invest in 20-25 European startups making renewable energy mainstream. The firm focuses on Series A investments, with a sweet spot of €2-5 million, and has a thesis to invest in digital technologies for the carbon-free energy system. SET Ventures believes that software and automation play a crucial role in achieving urgent climate goals, and is open to investing in companies with hardware elements as long as the science works.

2024-09-06 12:25:19

- reply

Bullet points of US charges five Russian military hackers with targeting Ukraine’s government with destructive malware
- The US Department of Justice accused five members of Russia's Main Intelligence Directorate (GRU) of hacking several Ukrainian government agencies, an unnamed US government agency in Maryland, and computers belonging to 26 NATO countries.
- The indictment names Russian GRU colonel Yuriy Denisov and four lieutenants as the masterminds behind the WhisperGate cyberattack, which was designed to appear like a ransomware attack but was actually a destructive attack.
- The Russian government was accused of launching WhisperGate in support of its full-scale invasion of Ukraine in February 2022.
- The US government gained significant access to the hackers' infrastructure, allowing them to track their activities and plan meetings in Moscow.
- The FBI, the Department of Justice, and other international agencies released a joint cybersecurity advisory with technical details of Unit 29155's operations and offered a reward of $10 million for each alleged hacker.
- The US government also published a poster with the hackers' pictures soliciting tips that could lead to their arrest and referred to the hackers as having 'baby faces'.

2024-09-06 12:25:19

- reply

Summary of US charges five Russian military hackers with targeting Ukraine’s government with destructive malware
#nevent1q…usx7
The US Department of Justice accused five members of Russia's Main Intelligence Directorate (GRU) of hacking Ukrainian government agencies, an unnamed US agency in Maryland, and computers of 26 NATO countries. The indictment alleges the hackers were behind the WhisperGate cyberattack, a destructive attack on Ukrainian computers. The US government has released a joint cybersecurity advisory with technical details of the hackers' operations and is offering a $10 million reward for each alleged hacker.

2024-09-06 11:21:52

- reply

Bullet points of Google faces provisional antitrust charges in UK for ‘self-preferencing’ its ad exchange
- The UK's Competition and Markets Authority (CMA) suspects Google of antitrust abuses in the adtech sector, accusing the company of self-preferencing its own ad exchange at the expense of customers and rivals.
- The CMA believes Google's practices could be harming thousands of UK publishers and advertisers who rely on its adtech to bid for and sell advertising space.
- Google dominates the adtech stack, playing a powerful intermediary role in three key parts of the chain, including ad buying tools, a publisher ad server, and an ad exchange.
- The CMA has provisionally found that Google has abused its dominant positions by applying self-preferencing tactics across different links of the chain, harming competition in the market.
- The regulator has also provisionally found Google's abusive conduct ongoing and is considering what may be required to ensure the company ceases the anti-competitive practices in the future.
- The European Union is also investigating Google's adtech and has warned that if the company is found to have broken the bloc's competition laws, the only viable solution would be to break up its adtech business.
- Google has rejected the CMA's findings, stating that its advertising technology tools help websites and apps fund their content and enable businesses to reach new customers, and that the company remains committed to creating value for its publisher and advertiser partners.

2024-09-06 11:21:52

- reply

Summary of Google faces provisional antitrust charges in UK for ‘self-preferencing’ its ad exchange
#nevent1q…een0
The UK's Competition and Markets Authority (CMA) has accused Google of abusing its dominance in the adtech market, citing self-preferencing and anti-competitive practices. The regulator has sent a formal statement of objections to Google, outlining provisional findings that the company has harmed thousands of UK publishers and advertisers. Google's practices could lead to corrective orders and fines of up to 10% of its annual worldwide group turnover.

2024-09-06 11:21:32

- reply

Bullet points of Karo is a to-do app that lets you assign tasks to your friends and family
- Karo allows users to assign tasks to contacts even if they don't use the app
- The app sends reminders through WhatsApp, text message, or in-app notifications
- Users can use natural language to add tasks and assign deadlines
- The app has an AI feature that breaks down larger tasks into smaller tasks
- The app is free to use, but users have to pay for additional features

2024-09-06 11:21:32

- reply

Summary of Karo is a to-do app that lets you assign tasks to your friends and family
#nevent1q…m5hq
Karo is an iOS app developed by Mustafa Yusuf, which allows users to build a reminder and task management system for themselves and their team. The app allows users to assign tasks to contacts, even if they don't use the app, and send reminders through WhatsApp, text message, or in-app notifications. The app is free to use, but users have to pay for additional features like groups, themes, and attachments.

2024-09-06 10:00:15

- reply

Summary of Elon Musk’s X could still face sanctions for training Grok on Europeans’ data
#nevent1q…4f85
The Irish Data Protection Commission (DPC) has confirmed that it has received complaints related to X's processing of user data to train its Grok AI chatbot, and will examine the extent to which the processing complies with the General Data Protection Regulation (GDPR).

2024-09-06 10:00:15

- reply

Bullet points of Elon Musk’s X could still face sanctions for training Grok on Europeans’ data
- X agreed to suspend data processing for Grok training in early August and made the undertaking permanent earlier this week.
- The DPC will examine the complaints and consider whether X has infringed the GDPR, and if so, whether to exercise its corrective powers.
- X has not faced any sanctions for processing personal data of Europeans to train Grok without consent.
- Regulators are empowered to order operational changes, but complaints may take up to several years to investigate and enforce.

2024-09-06 07:25:38

- reply

Summary of The flat-rate real estate startup that’s got big players worried and BNPL’s turning a corner
#nevent1q…92dm
This week's fintech news includes a new real estate startup called Landian, which offers a flat-fee model for home tours and offer prep sessions. Buy now, pay later players Klarna and Affirm shared their financials, with Affirm beating analyst expectations and Klarna seeing a 27% revenue increase. Comun, a digital bank for immigrants, raised $21.5 million in a Series A funding round. Additionally, Public acquired Carta's brokerage accounts, and Bolt's proposed new backers, The London Fund, have been scrubbing their web page.

2024-09-06 07:25:38

- reply

Bullet points of The flat-rate real estate startup that’s got big players worried and BNPL’s turning a corner
- Landian, a new real estate startup, emerged from stealth to offer a flat-fee real estate service, allowing buyers to pay $49 for home tours and $199 for offer prep sessions, or a flat fee of $1,799 for up to five home tours and two offer prep sessions.
- Klarna and Affirm, buy now, pay later players, shared their financials, with Affirm beating analysts' expectations and Klarna reporting a 27% revenue increase in the first half of 2024.
- Comun, a digital bank focused on serving immigrants in the United States, raised $21.5 million in a Series A funding round, growing its valuation by 50%.
- Carta, a stock-trading startup, sold its brokerage accounts to Public, after facing allegations of using private cap table data to approach shareholders without their knowledge.
- Bolt's proposed new backers, The London Fund, scrubbed its web page, and there is ongoing news about the company's saga.
- MoneyThumb was acquired, and Ryan Campbell took over as CEO, with expectations of what to expect.
- Synctera partnered with Marqeta to introduce Fleet Cards, and PayPal joined a group investing $15M in a Brazilian startup.

2024-09-06 06:25:36

- reply

2024-09-06 06:25:36

- reply

2024-09-06 03:14:12

- reply

Bullet points of Telegram quietly enables users to report private chats to moderators after founder’s arrest
- Telegram allows users to report private chats to moderators
- Company has updated its FAQ page to remove emphasis on privacy stance
- Founder Pavel Durov arrested in France over 'crimes committed by third parties' on the platform

2024-09-06 03:14:12

- reply

Summary of Telegram quietly enables users to report private chats to moderators after founder’s arrest
#nevent1q…qu29
Telegram has updated its policy to allow users to report private chats to its moderators, following the arrest of its founder Pavel Durov in France over 'crimes committed by third parties' on the platform. The company has also removed sentences from its FAQ page that emphasized its privacy stance on private chats.

2024-09-06 00:26:19

- reply

2024-09-06 00:26:19

- reply

2024-09-05 23:31:13

- reply

Summary of ‘Stop harassing Starlink,’ SpaceX President tells Brazilian judge
#nevent1q…6g65
SpaceX President Gwynne Shotwell made a public plea to a Brazilian judge to stop harassing Starlink, a satellite internet service, amid a dispute with the country's courts over Elon Musk's social media business X. The dispute has been ongoing for months, with the courts ordering the suspension of X and freezing Starlink's assets. SpaceX has complied with the order to block access to X in Brazil, but has initiated legal proceedings against the order.

2024-09-05 23:31:13

- reply

Bullet points of ‘Stop harassing Starlink,’ SpaceX President tells Brazilian judge
- SpaceX President Gwynne Shotwell asks a Brazilian judge to stop harassing Starlink
- Brazil's courts have ordered the suspension of X and frozen Starlink's assets
- SpaceX has complied with the order to block access to X in Brazil
- SpaceX has initiated legal proceedings against the order

2024-09-05 23:26:20

- reply

2024-09-05 23:26:20

- reply

2024-09-05 21:37:54

- reply

Summary of Salesforce acquires data management firm Own for $1.9B in cash
#nevent1q…dwz4
Salesforce has acquired Own Company, a New Jersey-based provider of data management and protection solutions, for $1.9 billion in cash. The acquisition is Salesforce's biggest deal since buying Slack in 2021. Own provides a range of enterprise-focused data backup tools and services, and has close to 7,000 customers and hundreds of employees.

2024-09-05 21:37:54

- reply

Bullet points of Salesforce acquires data management firm Own for $1.9B in cash
- Salesforce acquires Own Company for $1.9 billion in cash
- Own provides data management and protection solutions
- Own has close to 7,000 customers and hundreds of employees
- The acquisition is Salesforce's biggest deal since buying Slack in 2021

2024-09-05 19:46:52

- reply

2024-09-05 19:46:52

- reply

2024-09-05 19:02:14

- reply

Bullet points of Lyft restructures its micromobility business and Volkswagen brings ChatGPT to US vehicles
- Korea's Institute of Machinery and Materials showcased a robotic wheelchair with large, deformable wheels that can manage rocks, stairs and other obstacles.
- Zepto, the 3-year-old Indian delivery and e-commerce startup, has raised $1 billion in the past 90 days.
- E Daddy, a UAE-headquartered business that makes two-wheeler EVs in Dubai, raised $15 million in a funding round.
- Oxylus Energy, a startup spun out of a Yale chemistry lab, raised a $4.5 million seed round to refine the production of green methanol.
- Tesla plans to unveil its robotaxi at an event at Warner Bros. Discovery Inc.'s movie studio in the Los Angeles area.
- Lyft is restructuring its operations and laying off about 1% of its workforce, and will no longer offer dockless rides.
- Uber announced a strategic plan to double down in South Korea, challenging market leader Kakao Mobility.
- Vay, a startup that offers teleoperated car-sharing, is expanding into commercial and business-to-business services and has secured partnerships with Peugeot and Poppy.

2024-09-05 19:02:14

- reply

Summary of Lyft restructures its micromobility business and Volkswagen brings ChatGPT to US vehicles
#nevent1q…hdtf
The article discusses various news and updates in the transportation and mobility industry, including a robotic wheelchair, startup funding, electric vehicles, and ride-hailing services. It also mentions the launch of a new electric car, the 2024 Chevrolet Equinox EV, and provides a review of the vehicle's features and performance.

2024-09-05 19:02:14

- reply

Summary of German LLM maker Aleph Alpha pivots to AI support
#nevent1q…drwf
Aleph Alpha, a German AI startup, is preparing to rule itself out of the running in the large language model (LLM) market, instead focusing on a broader generative AI-support play. The company's CEO, Jonas Andrulis, believes that just having an European LLM is not sufficient as a business model and that the company needs to pivot to stay competitive.

2024-09-05 19:02:14

- reply

Bullet points of German LLM maker Aleph Alpha pivots to AI support
- Aleph Alpha is pivoting away from developing large language models (LLMs)
- The company is focusing on generative AI-support play
- CEO Jonas Andrulis believes that just having an European LLM is not sufficient as a business model

2024-09-05 19:02:13

- reply

Summary of TechCrunch Minute: This robotic wheelchair can climb stairs
#nevent1q…dfh6
Korea's Institute for Machinery and Materials has unveiled a robotic wheelchair that uses a "smart chain" structure to create a compliant wheel that conforms to the terrain around it, allowing it to climb stairs and traverse rocky terrain.

2024-09-05 19:02:13

- reply

Bullet points of TechCrunch Minute: This robotic wheelchair can climb stairs
- The wheel uses a "smart chain" structure
- The design was inspired by the surface tension properties of water droplets
- The wheel can climb stairs and traverse rocky terrain

2024-09-05 19:01:54

- reply

Summary of All Hands AI raises $5M to build open source agents for developers
#nevent1q…0j2t
All Hands AI aims to build open source AI agents that can handle routine tasks, allowing developers to focus on creative work. The company has received $5 million in seed funding and has developed an AI agent called OpenHands, which can plan and execute complex engineering tasks. The agent is designed to work alongside developers, handling tasks such as writing unit tests and deploying applications, and can even recognize changes in code and ask developers for input. All Hands AI plans to monetize its service by offering paid, closed-source enterprise features, while keeping the core open source project sustainable through financial contributions from larger enterprises.

2024-09-05 19:01:54

- reply

Bullet points of All Hands AI raises $5M to build open source agents for developers
- All Hands AI aims to build model-agnostic open source AI agents that can handle routine tasks, allowing developers to focus on creative work.
- The company's OpenHands agent is designed to work as a proactive pair programmer, handling tasks such as writing tests and deploying applications.
- AI is expected to change the way developers work, but it will not change their preference for adopting open source technology.
- All Hands AI is building its technology stack before delving deeper into monetizing its service, with plans to offer paid, closed-source enterprise features.
- The company has received $5 million in seed funding from Menlo Ventures and other investors, with plans to use the funds to build out its technology stack.
- The OpenHands agent is designed to recognize changes in code and ask developers if they should adjust affected files accordingly.
- All Hands AI's founders have extensive experience in natural language processing and building agents, with backgrounds in Google, Atlassian, and academia.

2024-09-05 19:01:35

- reply

Summary of The AI industry is obsessed with Chatbot Arena, but it might not be the best benchmark
#nevent1q…u7ly
Chatbot Arena, a benchmarking platform for AI models, has gained popularity among tech executives and researchers. However, its ability to accurately evaluate model performance is questioned due to biases in its user base, testing approach, and commercial ties. The platform's reliance on user-generated questions and voting system may not account for subtle biases and preferences. Additionally, the influence of commercial models' access to user data and optimization techniques raises concerns about fairness and the potential for 'teaching to the test'. LMSYS, the non-profit behind Chatbot Arena, is working to address these issues and improve the platform's transparency and rigor.

2024-09-05 19:01:35

- reply

Bullet points of The AI industry is obsessed with Chatbot Arena, but it might not be the best benchmark
- Chatbot Arena, a benchmark maintained by non-profit LMSYS, has become an industry obsession, with millions of people visiting its website in the last year alone.
- LMSYS' founding mission was to make AI models more accessible, but it also created Chatbot Arena to address the limitations of current AI benchmarking methods.
- Chatbot Arena's user-contributed questions are diverse, but the platform's evaluation process lacks transparency and has been criticized for not accounting for biases and preferences.
- The benchmark's user base is likely not representative of the target market, as it is mostly comprised of tech-savvy individuals who are interested in testing models.
- LMSYS' commercial ties with companies like OpenAI and Google have raised concerns about fairness and potential biases in the testing process.
- The platform's reliance on automated systems to rank model quality has also been criticized for being potentially unfair to open models.
- LMSYS' funding sources include university grants, donations, and sponsorships from companies like Google and Andreessen Horowitz, which has raised concerns about potential conflicts of interest.

2024-09-05 19:01:34

- reply

Bullet points of Google’s AI-powered Ask Photos feature begins US rollout
- Google Photos' AI-powered search feature, 'Ask Photos,' is rolling out to users starting Thursday, initially available in 'early access' to select customers in the U.S.
- Ask Photos allows users to search their photos using natural language queries that leverage the AI's understanding of their photo's content and other metadata
- The feature can be used for more than just photo retrieval alone, and users can ask questions to get helpful answers, such as 'what themes we had used for our child's last four birthdays'
- The AI understands the context of your photo gallery, including important people, hobbies, favorite foods, and other relevant details and memories
- To access Ask Photos, select U.S. users will be able to find the feature within Google Labs, as it's still in the experimental phase
- The feature's development is guided by Google's AI Principles, and the private data in Photos will never be used for ad targeting
- Google employees may review users' queries to help improve the AI over time, but the AI's answers will not be reviewed by humans unless the user reaches out for support or to report abuse or harm
- Interested users can sign up on the waitlist for early access to Ask Photos

2024-09-05 19:01:34

- reply

Summary of Google’s AI-powered Ask Photos feature begins US rollout
#nevent1q…xd8u
Google Photos is rolling out a new AI-powered search feature called 'Ask Photos' that allows users to ask complex queries to find specific photos. The feature uses Google's Gemini AI model to understand photo content and metadata, and can answer questions like 'best photo from each National Park I visited' or 'what theme did we use for our child's last birthday'. The feature is initially available in early access to select US users and will expand to a wider user base.

2024-09-05 19:01:33

- reply

Bullet points of Rivian’s chief software designer is coming to TechCrunch Disrupt 2024
- Rivian changed 600 parts on its flagship R1S SUV and R1T pickup truck to improve performance and reduce manufacturing costs.
- The company reworked the electrical architecture and redesigned the software user interface.
- Wassym Bensaid, Rivian's chief of software, will discuss building a software-defined vehicle at TechCrunch Disrupt 2024.

2024-09-05 19:01:33

- reply

Summary of Rivian’s chief software designer is coming to TechCrunch Disrupt 2024
#nevent1q…lx4k
Rivian, an electric vehicle maker, has changed 600 parts on its flagship SUV and pickup truck to improve performance and reduce manufacturing costs. The company's chief of software, Wassym Bensaid, will discuss the challenges and successes of building a software-defined vehicle at TechCrunch Disrupt 2024.

2024-09-05 19:01:15

- reply

Summary of Microsoft gives deepfake porn victims a tool to scrub images from Bing search
#nevent1q…lxv6
Microsoft partners with StopNCII to help victims of revenge porn by allowing them to create a digital fingerprint of explicit images, which can then be used to scrub the images from platforms. The partnership aims to reduce the spread of revenge porn and deepfake nude images, which have become a growing problem on the internet.

2024-09-05 19:01:15

- reply

Bullet points of Microsoft gives deepfake porn victims a tool to scrub images from Bing search
- Microsoft partners with StopNCII to help victims of revenge porn create digital fingerprints of explicit images to remove from search results
- Bing has already removed 268,000 explicit images from its search results through the partnership
- StopNCII's tools only work for people over 18, but 'undressing' sites are creating problems for high schoolers
- The United States doesn't have a federal AI deepfake porn law, relying on state and local laws to address the issue
- San Francisco prosecutors sued 16 'undressing' sites in August
- 23 American states have passed laws to address nonconsensual deepfakes, while nine have struck proposals down
- Google has faced criticism for not partnering with StopNCII and has its own tools to report and remove explicit images
- The proliferation of synthetic nude images resembling real people is a growing problem on the internet

2024-09-05 19:01:14

- reply

Bullet points of Driverless car-sharing startup Vay steers toward B2B services
- Vay is a startup that offers teleoperated car-sharing services
- The company has developed teleoperations technology that allows employees to pilot empty vehicles to customers
- Vay is expanding into commercial and business-to-business services with deals with Peugeot and Poppy
- The company's technology allows customers to hail a car without a human driver
- Vay is aiming to carve out deals and market share in the vehicle fleet industry

2024-09-05 19:01:14

- reply

Summary of Driverless car-sharing startup Vay steers toward B2B services
#nevent1q…a6pq
Vay, a Berlin-based startup, has developed teleoperations technology that allows employees to pilot empty vehicles to customers. The company is expanding into commercial and business-to-business services, with deals with French automaker Peugeot and Belgium-based Poppy. Vay's technology allows customers to hail a car without a human driver, and the company is aiming to carve out deals and market share in the vehicle fleet industry.

2024-09-05 19:01:13

- reply

Summary of Drip Capital, a fintech that provides working capital to SMBs, picks up $113M
#nevent1q…csza
Drip Capital, a Palo Alto-based startup, has raised $113 million in funding to expand its working capital solutions for small and medium-sized businesses (SMBs) in India and beyond. The company provides short-term loans to SMBs, allowing them to pay suppliers and maintain operations while waiting for customers to pay their invoices. Drip Capital has already served over 9,000 businesses, with 60% from India, and aims for 40% year-on-year growth in the next two years.

2024-09-05 19:01:13

- reply

Bullet points of Drip Capital, a fintech that provides working capital to SMBs, picks up $113M
- Dhaval Agri, a sesame seed exporter, faced a problem with its bank-based financial arrangement, which limited its ability to expand the business.
- The company turned to Palo Alto-based startup Drip Capital, which provided working capital and helped increase Dhaval Agri's volume by 50% in five years.
- Drip Capital has raised $113 million in funding, including $23 million in equity and $90 million in debt financing, to expand its working-capital loans to SMBs and expand its product offerings.
- The startup uses AI to automate and digitize processes and plans to use it for risk analysis, and has already applied for a non-banking financial company (NBFC) license to cover domestic needs in India.
- Drip Capital currently serves between 9,000 and 10,000 businesses, with 60% coming from India and the rest from the U.S. and Mexico, and aims for 40% year-on-year growth in the next two years.
- The startup addresses the capital hurdles faced by small and medium businesses, which often work on short capital turnarounds and need working capital to pay suppliers and maintain inventory.
- Drip Capital offers working capital loans of up to $2.5 million and account payable financing of up to $5 million to help businesses extend the time they have to pay their suppliers.
- The startup is also piloting a sourcing platform to connect buyers with new suppliers and plans to expand its product offerings to include foreign exchange and other services.

2024-09-05 19:01:12

- reply

Bullet points of Endolith is using ‘Olympic caliber’ copper microbes to address the copper shortage
- Endolith uses microbes to boost copper recovery rates in mines
- The company's technology involves inoculating samples of mine waste with microbes
- The microbes can liberate more copper from the rock, potentially increasing recovery rates by 10% or more
- Endolith has raised an oversubscribed $5.13 million seed round to fund its efforts

2024-09-05 19:01:12

- reply

Summary of Endolith is using ‘Olympic caliber’ copper microbes to address the copper shortage
#nevent1q…ahgl
Endolith, a Colorado-based startup, is using microbes to enhance copper recovery rates in mines, which could help meet the growing demand for the metal. The company's technology involves inoculating samples of mine waste with microbes that can liberate more copper from the rock, potentially increasing recovery rates by 10% or more. Endolith has raised an oversubscribed $5.13 million seed round to fund its efforts.

- reply

- reply

- reply

- reply

- reply

Bullet points of Zamp targets growing demand for sales tax solutions
- South Dakota took Wayfair to court over sales tax collection, leading to a Supreme Court ruling that online stores and SaaS companies must collect sales tax from customers wherever required, despite having no physical presence; this led to the growth of startups like Zamp that provide sales tax compliance solutions; Zamp's software can automatically calculate and file sales taxes for businesses of all sizes; the company has grown its customer base to over 400 companies and achieved annual recurring revenue in the mid-millions; Zamp has also partnered with accounting firms, including the top 25 US accounting firms, to help them with sales tax compliance; the company is introducing a new product called Z-tax to help accountants and bookkeepers provide sales tax services without increasing their headcount; Zamp is not alone in the market, with its primary competitor being Anrok, which has raised a $30 million Series B; Zamp's rapid growth indicates that there is room for multiple players in this space

2024-09-05 15:24:15

- reply

Summary of Zamp targets growing demand for sales tax solutions
#nevent1q…zqlh
Zamp, a startup founded by Rohit Bhadange, provides software that automates sales tax calculation and filing for e-commerce and SaaS businesses. With over 400 clients and annual recurring revenue in the mid-millions, Zamp has attracted investors and is expanding its client base, including accounting firms struggling with a talent shortage. The company is introducing a new product, Z-tax, to help accountants provide sales tax services without increasing headcount, competing with Anrok, another sales tax compliance solution for startups.

2024-09-05 15:24:14

- reply

Summary of Google expands AI-powered virtual try-on tool to include dresses
#nevent1q…pnu4
Google announced the expansion of its generative AI-powered virtual try-on tool to support dresses, addressing the challenges of accurately capturing detailed dress prints and preserving body features. The new training strategy and VTO-UNet Diffusion Transformer (VTO-UDiT) technique aim to provide a more accurate portrayal of both the dress and the person wearing it.

2024-09-05 15:24:14

- reply

Bullet points of Google expands AI-powered virtual try-on tool to include dresses
- Google's virtual try-on tool now supports dresses from hundreds of brands
- The tool uses a new training strategy and VTO-UNet Diffusion Transformer (VTO-UDiT) technique to accurately capture detailed dress prints and preserve body features
- The expansion aims to eliminate the guesswork when it comes to finding the right fit for customers of all body types

2024-09-05 14:28:14

- reply

Bullet points of YouTube to limit teens’ exposure to videos about fitness and weight across global markets
- YouTube is limiting teens' exposure to videos that promote and idealize a certain fitness level or physical appearance to prevent potentially harmful content from being repeatedly shown to them
- The type of content that will be limited includes videos that compare physical features, idealize certain fitness levels, body types, and weight, as well as 'social aggression' in the form of non-contact fights and intimidation
- YouTube will limit repeated recommendations of videos related to these topics to prevent teens from being repeatedly exposed to the content
- The company is introducing these safeguards to protect teens from developing negative beliefs about themselves as they form their own standards and identity
- YouTube is also introducing a new tool that allows parents to link their accounts to their teen's account to access insights about their activity on the platform
- The tool will alert parents to their teen's channel activity, such as the number of uploads and subscriptions they have
- This tool builds on YouTube's current parental controls that allow parents to test supervised accounts with children under the age of consent for online services
- Other social apps, like TikTok, Snapchat, Instagram, and Facebook, also offer supervised accounts linked to young users' parents

2024-09-05 14:28:14

- reply

Summary of YouTube to limit teens’ exposure to videos about fitness and weight across global markets
#nevent1q…h7na
YouTube is introducing new safeguards to limit teens' exposure to videos that promote and idealize certain fitness levels or physical appearance, as well as videos with 'social aggression', to prevent potential harm and encourage a positive self-image.

2024-09-05 13:53:15

- reply

Bullet points of YouTube is developing AI detection tools for music and faces, plus creator controls for AI training
- YouTube is introducing new AI detection tools to protect creators from having their likeness, including face and voice, copied and used in other videos.
- The new detection technology will include synthetic-singing identification to identify AI content that simulates someone's singing voice.
- YouTube is expanding its Content ID system to include new synthetic-singing identification technology and will test it with partners starting early next year.
- The company is also developing a solution to allow high-profile figures to detect and manage AI-generated work that shows their faces on YouTube.
- YouTube is working on a solution to address the use of its content to train AI models, but has not yet revealed its plan.
- The company is committed to working with partners to ensure that AI advancements amplify creators' voices and will continue to develop guardrails to address concerns.

2024-09-05 13:53:15

- reply

Summary of YouTube is developing AI detection tools for music and faces, plus creator controls for AI training
#nevent1q…unsh
YouTube announces new AI detection tools to protect creators, including artists, actors, musicians, and athletes from having their likeness used in videos. The new tools include expanded Content ID system, synthetic-singing identification technology, and a solution to allow high-profile figures to detect and manage AI-generated work that shows their faces on YouTube.

2024-09-05 13:53:14

- reply

Bullet points of US, UK and EU sign on to the Council of Europe’s high-level AI safety treaty
- The Council of Europe has signed a treaty on AI safety, the first-ever international legally binding treaty aimed at ensuring AI systems are consistent with human rights, democracy, and the rule of law.
- The treaty focuses on three main areas: human rights, democracy, and the rule of law, and sets out to protect against data misuse, discrimination, and privacy breaches.
- The treaty provides a legal framework for the entire lifecycle of AI systems, promoting AI progress and innovation while managing risks to human rights, democracy, and the rule of law.
- The treaty is technology-neutral and aims to be a global framework, with the potential to be ratified by countries worldwide.
- The treaty does not specify what AI risks it aims to protect against, but it commits signing countries to setting up regulators to address these risks.
- The treaty has been signed by several major markets, including the U.S., the U.K., and the European Union, but not by countries in Asia, the Middle East, or Russia.
- The treaty's implementation will require countries to ratify it individually, and it will take at least three months for the provisions to come into effect after ratification.

2024-09-05 13:53:14

- reply

Summary of US, UK and EU sign on to the Council of Europe’s high-level AI safety treaty
#nevent1q…5zn2
The Council of Europe signed a treaty on AI safety, aiming to ensure AI systems are consistent with human rights, democracy, and the rule of law. The treaty sets out to focus on AI's intersection with human rights, democracy, and the rule of law, and provides a legal framework for AI development. The treaty is open to signature and ratification by countries, with the goal of entering into force once five signatories, including at least three Council of Europe member states, have ratified it.

2024-09-05 13:41:13

- reply

Bullet points of French cleantech startup Calyxia nets $35M to tackle microplastics pollution
- Calyxia, a French cleantech startup, has raised $35 million in a Series B round to further develop its sustainable alternatives to microparticles and microcapsules, aiming to become profitable by 2026.
- The company's mission is to become the global leader in microparticles and microcapsules, and then expand its technology to transform the industrial chemical industry more broadly.
- Calyxia's sustainable microparticles and microcapsules offer manufacturers a way to replace dirty processes with clean ones, using biodegradable alternatives that break down without leaving harmful residue.
- The startup has developed microcapsule technology that can be added to materials to improve their wear-resistance, preventing microplastics from being produced through wear and tear.
- Calyxia has a customer list of over 20 top-tier industrial blue chip companies, including major household brands that want to offer microplastics-free products to consumers.
- The company has restructured its business to establish dedicated units targeting each vertical it operates in, and has built an intellectual property portfolio with 60 patents worldwide.
- Calyxia's advanced materials division is working on reducing energy use in manufacturing, with a novel technology that alters the polymerization process to occur at a lower temperature, reducing greenhouse gas emissions and costs.
- The startup's technology also enables self-healing and self-repair materials, and is working on making it easier to recycle products by separating different layers of materials.

2024-09-05 13:41:13

- reply

Summary of French cleantech startup Calyxia nets $35M to tackle microplastics pollution
#nevent1q…dgv7
French cleantech startup Calyxia has raised $35 million in Series B funding to further develop its sustainable alternatives to microparticles and microcapsules, aiming to become the global leader in the market and reduce environmental impact through its advanced materials and manufacturing processes.

2024-09-05 13:21:34

- reply

Summary of ZipRecruiter’s new tool will quickly match and schedule an intro call with potential candidates
#nevent1q…eglf
ZipRecruiter is launching a new tool, ZipIntro, which allows employers to schedule introductory calls with potential candidates using AI. The tool takes into account various factors to match candidates and sends invitations for the calls. Employers can review responses, further screen candidates, and conduct one-on-one video calls on the platform.

2024-09-05 13:21:34

- reply

Bullet points of ZipRecruiter’s new tool will quickly match and schedule an intro call with potential candidates
- ZipRecruiter launches ZipIntro, a tool that allows employers to schedule introductory calls with potential candidates at a set time using AI
- Employers can input role information, select a date and time, and ZipIntro matches them with potential candidates based on employment, education, skills, certifications, interests, and job types
- Employers can review candidate responses, further screen, and line up back-to-back calls, with ZipRecruiter allowing employers to connect with candidates through one-on-one video calls
- Intro sessions are typically 30-minute to 1-hour long, with each intro call lasting about five minutes
- ZipRecruiter claims employers get their first RSVP from candidates within 20 minutes of posting the job requirement
- ZipIntro aims to help recruiters and hiring managers assess candidate potential faster, and job seekers showcase their personality, soft skills, and passion
- ZipRecruiter is not the only platform using AI to simplify hiring, with Indeed and LinkedIn also utilizing AI for job seekers and recruiters

2024-09-05 13:09:53

- reply

Summary of DJI takes another crack at palm-sized drones, and this one is $199
#nevent1q…0zt5
DJI has introduced the Neo, a palm-sized drone that can land in the user's hand. Weighing 135 grams, it's the company's most compact and lightest drone yet. The drone has limited battery life, with a listed flight time of 18 minutes, and is designed for social media and influencer use, with features like remote-free control and AI-powered subject tracking.

2024-09-05 13:09:53

- reply

Bullet points of DJI takes another crack at palm-sized drones, and this one is $199
- DJI has introduced the Neo, a new palm-sized drone that can land in the palm of the user's hand, weighing 135 grams, making it the most compact and lightest drone produced by DJI.
- The drone has a listed flight time of 18 minutes on a charge, which is limited by its small size.
- The Neo is designed for social media and influencer use, with remote-free control and features like subject tracking and AI functionality.
- The drone has a range of shooting modes, including Dronie, Circle, Rocket, Spotlight, Helix, and Boomerang.
- The Neo will launch with limited availability, with pre-sales starting in the U.S. and a base price of $199, or $289 with three extra batteries.
- The drone is positioned as a beginner-friendly option, with completely caged blades to prevent accidental cuts.
- The Neo is not intended to replace the Mavic Mini, but rather target a different market segment, with the Mavic Mini being a more advanced option.
- DJI's decision to re-enter the palm drone market is seen as validation of the category's potential, with Hover's drones being a major competitor in this space.

2024-09-05 13:09:33

- reply

Bullet points of Portex founder Brittany Ennix learned the importance of supply chains from Uber and Flexport
- Brittany Ennix, the founder of Portex, was inspired by her grandfather's work at a Ford glass manufacturing plant, where she saw the complexity of building something.
- Portex is a company that allows small-to-mid-sized businesses (SMBs) to connect with freight partners and manage shipments and operations in one place.
- The company aims to provide a more efficient management process for SMBs, which currently use manual processes such as emails, spreadsheets, and PDFs.
- Portex's platform can handle everything related to freight management in one place, allowing companies to easily communicate with carriers and brokers through instant messaging.
- The company has raised $6.25 million in seed funding to hire and expand globally, and plans to use AI to make automation smarter and include features such as conversational prompts and carrier suggestions.
- Ennix's vision for Portex is to become the intelligent management platform for every small-and-mid-sized company that's moving freight around the world.

2024-09-05 13:09:33

- reply

Summary of Portex founder Brittany Ennix learned the importance of supply chains from Uber and Flexport
#nevent1q…r6en
Brittany Ennix, a supply chain enthusiast, founded Portex, a company that helps small and mid-sized businesses manage their freight operations more efficiently. The company aims to provide a Transport Management System (TMS) that is tailored to the needs of smaller companies, which are often overlooked by existing solutions. Portex's platform allows businesses to connect with freight partners, manage shipments, and communicate with carriers and brokers in one place, reducing manual processes and saving time and money.

2024-09-05 11:43:13

- reply

Bullet points of Verizon bets on fiber’s staying power as it acquires Frontier for $20B
- Verizon acquires Frontier Communications for $20 billion
- Frontier offers internet, phone, and TV services
- Frontier has partnered with companies like Google and Amazon
- The acquisition will help Verizon expand its fiber network and customer reach
- Verizon expects to grow its wireless revenues and EBITDA through the acquisition

2024-09-05 11:43:13

- reply

Summary of Verizon bets on fiber’s staying power as it acquires Frontier for $20B
#nevent1q…j0js
Verizon announced its acquisition of Frontier Communications for $20 billion, expanding its fiber network and customer reach. Frontier offers internet, phone, and TV services and has partnered with companies like Google and Amazon. The acquisition will help Verizon become more competitive in more markets and deliver premium offerings to more customers.

2024-09-05 11:16:33

- reply

Bullet points of Sedric monitors the communications of employees at financial institutions to ensure compliance
- Sedric, an AI-powered platform, helps financial institutions implement compliance rules and flag possible issues, reducing the cost of compliance for mid-size organizations.
- The platform uses generative AI to monitor employee interactions, flagging compliance problems as they happen and providing coaching to staff in many cases.
- Sedric's AI is designed to minimize bias, using fine-tuned models trained on proprietary datasets and monitoring for performance dips and retraining models when necessary.
- The platform offers tools to support call center agents and allows companies to configure data storage and implement controls for privacy and security.
- Sedric has hundreds of paying compliance officers and enterprise customers in the US and Europe, with revenue increasing fivefold over the last year.
- The company offers a hybrid model with tailored customizations for enterprises and banks, setting it apart from other workplace monitoring rivals.
- Sedric received an $18.5 million Series A investment from Foundation Capital and Amex Ventures, which will be used to grow the firm's go-to-market and R&D teams.

2024-09-05 11:16:33

- reply

Summary of Sedric monitors the communications of employees at financial institutions to ensure compliance
#nevent1q…vmns
Sedric, an AI-powered platform, helps financial institutions implement compliance rules and flag potential issues. The platform monitors employee communications and provides coaching to ensure adherence to company policies. Sedric's AI is designed to minimize bias and can be customized to each organization's unique requirements. The company has received an $18.5 million Series A investment and plans to double its headcount in the next 12 months.

2024-09-05 10:51:03

- reply

Bullet points of Kinsome aims to bridge the generation gap with its new app for kids and grandparents
- Kinsome is a communication platform for kids and grandparents to share daily updates and preserve memories
- Kinzey is an AI-powered companion that suggests conversation starters, provides questions, and explains terms
- Kinsome offers features like warm-up activities, icebreakers, and interactive games to keep kids engaged
- Grandparents can record replies and send them to their grandkids
- Kinsome plans to introduce a premium subscription and additional monetization features

2024-09-05 10:51:03

- reply

Summary of Kinsome aims to bridge the generation gap with its new app for kids and grandparents
#nevent1q…ycnz
Kinsome is a communication platform designed for kids and grandparents to share daily updates and preserve cherished memories. The platform uses an AI-powered companion called Kinzey to support kids and grandparents in expressing themselves and forming stronger connections.

2024-09-05 09:44:51

- reply

2024-09-05 09:44:51

- reply

2024-09-05 07:21:01

- reply

Bullet points of Reonic raises €13 million to help small installers of green tech like heat pumps and solar panels
- Reonic provides planning and workflow software to help renewable installers be more efficient
- The company has raised €13 million in funding
- Reonic is expanding across Europe, with a focus on energy self-consumption for every household or business

2024-09-05 07:21:01

- reply

Summary of Reonic raises €13 million to help small installers of green tech like heat pumps and solar panels
#nevent1q…2dr9
European regulators are pushing for greener energy, and German startup Reonic is providing planning and workflow software to help renewable installers be more efficient. The company has raised €13 million in funding and is expanding across Europe, with a focus on energy self-consumption for every household or business.

2024-09-05 05:15:52

- reply

2024-09-05 05:15:52

- reply

2024-09-05 02:59:22

- reply

Bullet points of Boom’s macOS camera app lets you customize your video call appearance
- Boom is a freemium app that helps users customize their video calls with themes, reactions, and camera controls
- The app works with major video conferencing apps like Zoom, Google Meet, and Microsoft Teams
- Users can customize their appearance, add on-screen effects, and design an off-camera screen
- The company is rolling out a new feature to track meeting times and has plans for an agenda tracker, dynamic polls, and quizzes
- Boom co-founders started working on the idea during remote work days at Shopify and aim to grow the product organically without venture backing
- The app offers a free version with basic features and a paid version with advanced features for $7 per month, $70 per year, or $199 for a lifetime license
- The startup has been testing the product for over a year and launched publicly in April
- Boom's goal is to make video calls more fun and engaging across different apps

2024-09-05 02:59:22

- reply

Summary of Boom’s macOS camera app lets you customize your video call appearance
#nevent1q…h26q
Boom is a freemium app that allows users to customize their video call appearances, including adding themes, weather, and location information, and react with on-screen effects, stickers, and GIFs. The app works with major video conferencing apps and offers advanced features like camera controls, custom branding, and screen sharing for a monthly or annual fee.

2024-09-04 23:59:01

- reply

Bullet points of Andreessen Horowitz shutters its Miami office after two years
- Andreessen Horowitz closed its Miami Beach office after two years due to disuse.
- The closure is a blow to the company's plans for 'global outposts' in cities like NYC and Santa Monica.
- Venture investments in Miami have dwindled to $400 million in Q2 2024 from $5.5 billion in 2022.

2024-09-04 23:59:01

- reply

Summary of Andreessen Horowitz shutters its Miami office after two years
#nevent1q…chqw
Andreessen Horowitz has closed its satellite office in Miami Beach after only two years, citing disuse. The closure is a setback for the company's plans to establish 'global outposts' in cities like NYC and Santa Monica.

2024-09-04 23:36:01

- reply

Bullet points of Those ‘Founder mode’ memes keep coming
- Paul Graham, Y Combinator founder, wrote a blog post about founders ignoring conventional wisdom when scaling a company.
- Graham says that 'hire great people and let them do their thing' often leads to 'hire professional fakers and let them drive the company into the ground'.
- The concept of 'founder mode' refers to how founders like Airbnb's Brian Chesky often ignore conventional wisdom when running a company at scale.
- Graham hopes that 'founder mode' will be as widely taught as 'manager mode' in the future.
- The post sparked a discussion on social media platforms like X and Threads, with users sharing their own experiences and opinions on the topic.
- The term 'goblin mode' was also used in parody posts, poking fun at the idea of 'founder mode'.