Reddit might once again be flirting with an IPO
Social media giant Reddit is once again reportedly testing the IPO waters. Bloomberg reported on Monday that Reddit “is holding talks with potential investors for an initial public offering.” The San Francisco-based company, co-founded by Steve Huffman, Aaron Swartz and Alexis Ohanian in 2005, is considering going public as early
Read moreMeta turned a blind eye to kids on its platforms for years, unredacted lawsuit alleges
A newly unredacted version of the multi-state lawsuit against Meta alleges a troubling pattern of deception and minimization in how the company handles kids under 13 on its platforms. Internal documents appear to show that the company’s approach to this ostensibly forbidden demographic is far more laissez-faire than it has
Read moreChris’ Corner: Good & Useful Ideas
I was ogling the idea of Exit Animations recently, that is, a recent proposal for (something like) @exit-style which could allow us to animate elements as we remove them from the DOM. That is largely just a proposal at the moment, with many challenges ahead. But there is new tech
Read moreWith AI chatbots, will Elon Musk and the ultra-rich replace the masses?
Elon Musk is hyping the imminent release of his ChatGPT competitor Grok, yet another example of how his entire personality is just itself a biological LLM made by ingesting all of Reddit and 4chan. Grok already seems patterned in many ways off of the worst of Elon’s indulgences, with the
Read moreContrary to reports, OpenAI probably isn’t building humanity-threatening AI
Has OpenAI invented an AI technology with the potential to “threaten humanity”? From some of the recent headlines, you might be inclined to think so. Reuters and The Information first reported last week that several OpenAI staff members had, in a letter to the AI startup’s board of directors, flagged
Read morePrefab home builder Veev reportedly shutting down after reaching unicorn status last year
Veev, a real estate developer turned tech-enabled homebuilder, is on the verge of shutting down after reaching unicorn status last year, according to multiple reports. Calcalist reported on Sunday that the company – which raised $600 million in total, $400 million of which was secured in March of 2022 –
Read moreRansomware ‘catastrophe’ at Fidelity National Financial causes panic with homeowners and buyers
Last Tuesday, Fidelity National Financial, or FNF, a real estate services company that bills itself as the “leading provider of title insurance and escrow services, and North America’s largest title insurance company,” announced that it had experienced a cyberattack. Since then, homeowners who have mortgages and prospective buyers who are
Read moreWhat to look out for in this week’s deluge of SaaS earnings reports
Here's a rundown of the key names reporting third-quarter results this week and what we might learn from them. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreConstruction marketplace Construex takes in first capital to expand in Latin America
Co-founders Roberto Arroyo and his brother, Nicolas Arroyo, bootstrapped the company for almost four years and reached profitability while expanding into Chile, Guatemala and Argentina. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreVCs have a jargon problem and this is how to fix it
Venture capitalists have a role to make people feel welcome and included in what can otherwise be a cliquey and closed environment. © 2023 TechCrunch. All rights reserved. For personal use only.
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