Not all early-stage AI startups are created equal
The AI sector has gotten hotter over the last year. But unlike many of past venture fads — like crypto or web3 — the AI sector had a number of large startups and legacy players already active when the market started to froth. There have been AI exits and there
Read moreCoffee briefing Aug. 1 – TELUS doubles impact with $2 million commitment to its Indigenous Communities Fund, eighty per cent of website redesigns fall short of full potential due to business-consumer disconnect; New Kootenay Lake visualization tool helps understand water levels; and more
Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team! Missed last week’s Coffee Briefing? We’ve got you covered. TELUS doubles impact with $2 million commitment to its Indigenous Communities Fund Source: Telus TELUS has announced
Read moreA bankrupt crypto firm tried to return funds — but customer data might’ve been stolen instead
Illustration by Alex Castro / The Verge The bankrupt crypto firm Voyager Digital suffered a potential data breach when it started letting customers recover their funds last month, as first reported by Bloomberg. In a court document filed on July 28th, Voyager’s lawyers say they’re investigating reports that scammers targeted
Read moreTinder to launch a ‘high-end’ membership this fall amid product refresh
Tinder is preparing to launch a new “high-end” membership later this fall as well as a product refresh aimed at better catering to Gen Z users, according to parent company Match Group, as part of its Q2 2023 earnings release on Tuesday. The new Tinder membership was confirmed earlier this
Read moreTuesday Capital, a Silicon Valley firm that moved to Austin during the pandemic, captures $31M for its newest seed-stage fund
Austin seems to agree with Tuesday Capital. When the 12-year-old seed-stage outfit — originally called CrunchFund — was co-founded by longtime Patrick Gallagher and TechCrunch founder Michael Arrington, it was interwoven with the Silicon Valley scene. In has since widened its net. Part of the shift owes to the pandemic,
Read moreSamsung Galaxy Z Fold 5 review
In February 2020, Samsung planted its flag in the sand. Screen issues aside, the original Galaxy Fold was met with a mixed response. “Innovation for innovation’s sake” was a common refrain. The wildly expensive device arrived at just a hair under $2,000. People questioned whether anyone really needed to carry
Read morePlanet to lay off 10% of staff to focus on “highest ROI opportunities”
Satellite imagery company Planet announced on Tuesday that it is laying off 117 employees, or around 10% of the workforce, as it looks to focus on driving revenue amid an ongoing downturn in the public markets. In a note posted on the company’s blog, CEO Will Marshall said the decision
Read moreYouTube star MrBeast sues ghost kitchen behind MrBeast Burger
YouTube mega-success MrBeast is suing Virtual Dining Concepts, the company behind his ghost kitchen food chain, MrBeast Burger, for damaging the MrBeast brand. According to the lawsuit, thousands of fans have sent in negative reviews of MrBeast Burger, many of whom shared photos of burgers and chicken sandwiches with uncooked,
Read moreNHTSA probes 280,000 new Teslas over loss of steering control
The National Highway Traffic Safety Administration (NHTSA) is investigating 280,000 Tesla vehicles over reports of loss of steering control and power steering. The malfunctioning has frequently been accompanied by driver-facing messages indicating that power steering assist is reduced or disabled, according to the report. The preliminary evaluation into 2023 Model
Read moreCurve Finance’s $62M exploit exposes larger issues for DeFi ecosystem
Hackers stole around $62 million from Curve Finance on Sunday, causing a ripple effect throughout the crypto sector and raising questions about the strength of the decentralized finance ecosystem. Curve is one of the largest decentralized exchanges (DEX) in the crypto market today, with about $1.67 billion in total value
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