Threads passes 2 million downloads in 2 hours
It’s day one for Threads, Meta’s new Twitter clone, and people are signing up in droves. Threads passed two million signups in its first two hours live in the App Store and shows no signs of slowing down. Meta CEO Mark Zuckerberg noted the milestone on his Threads account. Threads
Read moreBrinc launches new program for climate tech startups
Brinc, the Hong Kong-based accelerator backed by investors like Animoca Brands, is launching a new program for fledgling climate tech startups. The three-month program is tailored for founders who are focused on carbon dioxide removal (CDR). They will receive fundraising support, guidance on how to scale up and introductions to
Read moreMark Zuckerberg’s remarks on China cast shadow over Meta’s VR quest
As Meta sets its sight on introducing its virtual reality headsets to the Chinese market, Mark Zuckerberg’s contentious remarks about Beijing in the past may pose a major obstacle to his China dream. According to a recent report by the Wall Street Journal, Meta is preparing to re-enter China by
Read moreThreads, Meta’s Twitter competitor, is now live
Meta is taking on Twitter with a new app. Instagram today announced the anticipated launch of its text-based social networking app, Threads, which allows Instagram users to authenticate with their existing credentials in order to post short updates, including text up to 500 characters; links; photos; and videos up to
Read moreBluesky announces its $8M seed round and first paid service, custom domains
Hours before Meta launches its anticipated Instagram competitor, Threads, another Twitter rival — Bluesky — is announcing additional funding and its first paid service. In a blog post on Wednesday, the company shared that it raised seed funds totaling $8 million this summer, when it converted from being a public
Read moreFiat says its cutest EV will tote accessories like, I kid you not, a ‘little shower’
Fiat is slowly trickling out new details on its upcoming Topolino EV, and it turns out the teeny-tiny quadricycle will do some trickling of its own. Designed for short trips in and around dense European cities, Fiat’s owner Stellantis said this week that the upcoming electric vehicle will start at
Read moreCanadian-based gold miner among the latest MOVEit data breach victims
One of the biggest gold and copper miners in the world is among the latest companies to be listed as victims of the vulnerability in Progress Sofware’s MOVEit file transfer platform, according to a cybersecurity researcher. Brett Callow, Canadian-based threat researcher for Emsisoft, tweeted today that Barrick Gold Corp. of
Read moreCrypto funding drops for fifth straight quarter as investors continue to pull back
Funding for crypto startups continues to grow more scarce. Venture capital flowing into the industry dropped for the fifth consecutive quarter since Q1 2022 to $2.34 billion globally as investors withhold their checkbooks, fearing risks from a severe regulatory stance and an uncertain economy. The second quarter’s $2.34 billion tally
Read moreOpenAI is forming a new team to bring ‘superintelligent’ AI under control
OpenAI is forming a new team led by Ilya Sutskever, its chief scientist and one of the company’s co-founders, to develop ways to steer and control “superintelligent” AI systems. In a blog post published today, Sutskever and Jan Leike, a lead on the alignment team at OpenAI, predict that AI
Read moreAstra establishes subsidiary for spacecraft engine business
Astra is carving out its spacecraft engine business as a wholly owned subsidiary, a corporate restructuring that will provide greater flexibility in hiring and financing, according to documents viewed by TechCrunch and a person familiar with the matter. The new subsidiary, Astra Spacecraft Engines, Inc., was incorporated in Delaware on
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