Theory Venture’s Tomasz Tunguz unveils 2024 predictions: AI dominance, resurging Web3, and the new normal of tech investments
At the end of 2022, like many, I made some predictions about what 2023 would bring to the technology investing ecosystem. Namely, the Fed would tame inflation, and the fundraising market would thaw, but overall, claiming that 2023 would be the first year of a “new normal” era for the
Read moreTikTok aims to grow its TikTok Shop US business tenfold to $17.5B in 2024, report claims
TikTok is looking to grow the size of its TikTok Shop U.S. business tenfold to as much as $17.5 billion this year, according to a new report from Bloomberg. The report indicates that the 2024 merchandise volume goal was recently discussed internally within the company, and could be amended as
Read moreExponent Founders Capital, led by Plaid and Robinhood alums, raises $75M to invest in early-stage startups
Exponent Founders Capital, an early-stage venture firm founded by alumni of startups such as Plaid, Robinhood and Ramp, has closed on $75 million in capital commitments, TechCrunch is the first to report. The firm, which is emerging from stealth today, raised $50 million for its first fund in November of
Read moreVCs anticipate more exits in 2024 but have no consensus on when or how
Some investors are more optimistic about M&A in 2024, while others think we will see a rebound in the IPO market. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreBig, costly seed deals were the exception in 2023’s lackluster venture capital market
Hopes that it would become easier for startups to raise capital in 2023 were left unmet as the year ended. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday. New data from business database PitchBook paints a modestly dim
Read moreCyber Security Today, January 3, 2024 – Prepare for upcoming privacy legislation
Prepare for upcoming privacy legislation Welcome to Cyber Security Today. It’s Wednesday Janaury 3rd, 2024. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. Happy New Year. And welcome to the first show of 2024. This will be a busy year for privacy legislation
Read moreA curious pattern in January exponential sums
The exponential sum page on this site draws a new image every day based on plugging the month, day, and year into a formula. Some of these images are visually appealing; I’ve had many people ask if they could use the images in publications or on coffee mugs etc. The
Read moreQualcomm next-gen XR chip promises up to 4.3k resolution per eye
Just ahead of CES, Qualcomm today announced the next generation of its Snapdragon XR platform, the aptly named XR2+ Gen 2. The new system-on-a-chip promises up to a 4.3k resolution per eye at 90 frames per second (and a slightly reduced resolution at 120 fps), as well as a 2.5x
Read moreSoftware supply chain security remains a challenge for most enterprises
Log4j, maybe more than any other recent security issue in recent years, thrust software supply chain security into the limelight, with even the White House weighing in. But even though virtually every technology executive is at least aware of the importance of creating a trustworthy and secure software supply chain,
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