FTC sues bankrupt crypto company Voyager’s CEO over false FDIC insurance claims
After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling consumers’ assets. But the government agency also announced on Thursday that it’s suing Voyager’s former CEO, Stephen Ehrlich, for falsely claiming that users’ accounts were FDIC insured. When a bank or
Read moreFTX trial stirs up more chaos as ex Alameda CEO Caroline Ellison testifies on faulty balance sheets, bribes and more
Welcome back to Chain Reaction. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. It’s week two of the Sam Bankman-Fried trial and I’m writing this live from outside the Southern District of New York
Read moreCruise opens robotaxi service in Houston
GM’s self-driving car subsidiary Cruise has opened its robotaxi service to users in Houston — an expansion that comes amid increasing criticism of the company’s operations in San Francisco, it’s first launch city. Cruise said it will operate seven days a week from 9 p.m. to 6 a.m. in limited
Read moreThreads is rolling out an edit button, and it’s not locked behind a paywall
Meta CEO Mark Zuckerberg announced today that Threads, Instagram’s Twitter-like app, is rolling out an edit button. With this new feature, users will be able to edit a post for up to five minutes after it has been posted to the platform. Previously, you have had to delete a post
Read moreVR is changing customer care for Hydro One
Hydro One, an Ontario electricity transmission and distribution provider, has partnered with VR Vision, a virtual reality technology company, to transform the training experience for its customer care and field service teams. The collaboration integrates 360° VR video into training for approximately 530 employees from now until the end of
Read moreAfter delays, X updates Community Notes fact-checks to improve speed and distribution
After X’s crowdsourced fact-checking system faced multi-day delays to correct misinformation on the platform, the company formerly known as Twitter has announced a series of improvements focused on speeding up the pace as well as other changes designed to alert users when notes were added to posts they liked, replied
Read moreCreators raising venture capital: unsettling or genius?
When Slow Ventures announced that it would set aside $20 million to invest in individual creators, GP Sam Lessin responded to onlookers’ confusion with a memorable quip: “it’s def not indentured servitude.” Though Lessin’s remarks weren’t very reassuring, these sorts of venture deals – investments in people, as opposed to
Read moreHack Your Next Interview with Generative AI
Image generated by Stable DiffusionHave you ever thought about the necessity of an assistant that could answer an interviewer’s question for you? With the current advancements in AI, this has become a reality!In this article, we will build a small application using Whisper for voice recognition and ChatGPT for text generation.
Read moreFinding Ownership in Tech
On senioritis, hating your job, and other flavors of dissatisfactionPhoto by Luis Villasmil on UnsplashAfter returning from 12 weeks of work this summer, I found that getting into the college rhythm I was used to– of classes, exams, and assignments on repeat– was more difficult than I remembered… bordering on impossible.
Read moreGenerative AI With Amazon Bedrock and Unity3D
Building a cool AI chat with Unity3D and Amazon Bedrock.A few days ago, Amazon made a big announcement: the service Bedrock was finally released.If you missed the news, here it is: Amazon decided to enter massively into the generative AI field and invested in the company Anthropic for $4 billion in
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