As a child, Marceau Michel always asked for a quarter. He knew if he kept asking for a quarter, he’d have a dollar one day. Then he’d be well on his way to having two — a slow but purposeful build toward amassing his own little fortune. Today, at the helm of the Black Founders Matter venture…
Bosch’s venture arm just announced its fifth fund, saying it’s on the lookout for startups with the “potential to improve quality of life and conserve natural resources.” The new, $295 million (€250 million) investment vehicle ups the stakes from Bosch VC‘s prior fund by about $53 million, yet the German firm’s global focus on deep…
Coinbase announced today that it will extend its hiring freeze and revoke accepted offers from some candidates who haven’t started their roles yet. The third-largest crypto exchange by volume, Coinbase began to slow hiring two weeks ago, but this move is more drastic. “Adapting quickly and acting now will help us to successfully navigate this…
Coinbase announced today that it will extend its hiring freeze and revoke accepted offers from some candidates who haven’t started their roles yet. The third-largest crypto exchange by volume, Coinbase began to slow hiring two weeks ago, but this move is more drastic. “Adapting quickly and acting now will help us to successfully navigate this…
Heads-up, party people. We’ve just released another round of tickets to the most fun, relaxed and opportunity-filled networking event of the year. We’re talking about TechCrunch’s Annual Summer Party, of course. Tradition holds that we join forces with a top Silicon Valley company to host this fabulous fete, and this year, we’ve partnered with Mayfield…
Engineers are the bedrock of any tech product, and blockchains are no exception. As the race between different chains heats up, communities of loyalists are duking it out to attract developers to their blockchain of choice in hopes that doing so will turbocharge growth. And competition aside, without adequate infrastructure and tooling, the big ideas…
Super, the Indonesian social commerce startup focused on small towns and rural areas, announced today it has raised an oversubscribed $70 million Series C. The round was led by NEA with participation from Insignia Ventures Partners, SoftBank Ventures Asia, DST Global Partners, Amasia, B Capital, TNB Aura, Bain Capital chairman Stephen Pagliuca, Goldhouse, and Xendit…
Loom, an enterprise collaboration video messaging service, has laid off 34 employees, or 14% of its total staff, sources say. Employees across product and people operations were impacted. The venture-backed company confirmed the layoff and number of people impacted, and provided the following statement from founder and CEO Joe Thomas: We’ve had to make the…
Who will be liable for harmful speech generated by large language models? As advanced AIs such as OpenAI’s GPT-3 are being cheered for impressive breakthroughs in natural language processing and generation — and all sorts of (productive) applications for the tech are envisaged from slicker copywriting to more capable customer service chatbots — the risks…
In 2015, there were approximately 3.5 billion internet of things (IoT) devices in use. Today, the number stands around 35 billion, and is expected to eclipse 75 billion by 2025. IoT devices range from connected blood pressure monitors to industrial temperature sensors, and they’re indispensable. Yet every device increases an organization’s attack surface, along with…
