One Zero could be raising $100M
Welcome to TechCrunch Fintech! This week we’re looking at One Zero potentially raising $100 million, Apple Pay expanding support for loan options, and another way Stripe is making crypto a big priority for its business. If you’d like to receive the Fintech newsletter in your inbox every Tuesday, sign up
Read moreOpenAI hires its first chief economist
OpenAI has hired its first chief economist: Aaron Chatterji, formerly the chief economist at the Commerce Department under President Joe Biden and a senior economist in President Barack Obama’s Council of Economic Advisers. Chatterji, who’s also a professor of business and public policy at Duke, will study AI’s economic impacts at
Read moreFarewell to Foursquare’s app
“I would be lying if I didn’t admit that I have been in a real funk these last few days over this news,” writes Foursquare founder Dennis Crowley, speaking about the company’s plan to sunset the Foursquare City Guides app later this year in favor of focusing on its check-in
Read moreSEC fines four companies $7 million for ‘misleading cyber disclosures’ regarding SolarWinds hack
The SEC concluded that four tech companies misled investors and minimized the damage they suffered from the SolarWinds supply chain hack. © 2024 TechCrunch. All rights reserved. For personal use only.
Read morePioneering work is ugly
“A mathematician’s reputation rests on the number of bad proofs he has given. (Pioneer work is clumsy.)” — A. S. Besicovitch I’m sure I’ve written about this quote somewhere, but I can’t find where. The quote comes from A Mathematician’s Miscellany by J. E. Littlewood, citing Besicovitch. I’ve more often
Read moreThousands of creatives sign petition against AI data scraping
What do the actor Kevin Bacon, the novelist Kazuo Ishiguro, the musician Robert Smith, and the journalist and historian Sidney Blumenthal have in common? They are among the 11,500 signatories of a petition against unlicensed use of creative works for AI training. “The unlicensed use of creative works for training
Read more6 days to go: TechCrunch Disrupt 2024 kicks off and ticket prices go up
The clock is ticking down! Just 6 days to go until TechCrunch Disrupt 2024! Join 10,000 industry leaders from around the world at Moscone West in San Francisco from October 28-30 to witness groundbreaking discussions with top-tier industry experts, elite networking, an exciting showcase of the newest tech innovations, and
Read moreHow to streamline and improve your tech hiring process
It’s a complicated time to be hiring software engineers. In some industries, tech hiring hasn’t fully recovered from its 2022 slump. In others—like AI—demand for specialized technical talent is surging. In fact, 63 percent of senior executives are concerned about the shortage of qualified engineering talent. The result for your
Read moreArtiphon’s new Orba instrument can sample sounds live
Almost exactly two years after releasing the Orba 2, Artiphon is completing the trilogy. The newly announced Orba 3 finds the Nashville-based startup baking live sampling into its clever handheld instrument. The feature arrives by way of a built-in microphone, which lets users record their voice, instruments, and other sounds.
Read moreThe US AI Safety Institute stands on shaky ground
One of the only U.S. government offices dedicated to assessing AI safety is in danger of being dismantled if Congress doesn’t choose to authorize it. The U.S. AI Safety Institute (AISI), a federal government body that studies risks in AI systems, was created in November 2023 as a part of
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