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Big tech's desperate scramble for AI talent: The fight to hire the best AI talent is heating up, and it looks like Big Tech — and big paychecks — are winning out ...
businessinsider.com/inside-the-ai-hiring-frenzy-big-tech-talent-war-2024-3
Big tech's desperate scramble for AI talent
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This Swedish startup aims to build world's largest green steel plant Swedish startup H2 Green Steel tackles dirty steel with a massive green plant ... Show more
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This Swedish startup aims to build world's largest green steel plant Swedish startup H2 Green Steel tackles dirty steel with a massive green plant ... Show more
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🇫🇷 🧑‍🚀 🌕 A #French startup is testing a prototype #space habitat that could be used to shelter austronauts and help them conduct experiments on the #Moon ... Show more
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Elon Musk’s xAI to Open-Source Its Grok Chatbot, in Latest Swipe at OpenAI: The move will be seen as another salvo in the long-simmering feud between Musk and ...
on.wsj.com/3TwP530
Elon Musk’s xAI to Open-Source Its Grok Chatbot, in Latest Swipe at OpenAI
Quick Glance: Elon Musk to Open-Source Grok by xAI this Week
  • Elon Musk announces that xAI will open-source Grok, its ChatGPT rival, this week.

  • The Musk-OpenAI dispute has sparked a debate on open-source AI.

  • The decision to open-source Grok will help xAI join the list of companies publishing their chatbot codes.

  • Musk has been a long-time advocate for open-source, with Tesla and X also open-sourcing parts of their technologies.
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This Swedish startup aims to build world's largest green steel plant Swedish startup H2 Green Steel tackles dirty steel with a massive green plant ... Show more
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Who are OpenAI's new board members?: Sam Altman is rejoining the board of ChatGPT-maker OpenAI along with three new directors, as the startup tries to move past ...
reuters.com/technology/who-are-openais-new-board-members-2024-03-11/
Who are OpenAI's new board members?
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South by Southwest: Germany shows little flag in Texas: No “German Haus” and no major role in the start-up competition: Germany is hardly present at South by ...
faz.net/aktuell/wirtschaft/unternehmen/digitalfestival-in-austin-schwache-deutsche-praesenz-auf-south-by-southwest-19579116.html
South by Southwest: Germany shows little flag in Texas
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‘Brazenly disloyal’: Meta sues former vice president over alleged stolen documents
mercurynews.com/2024/03/12/meta-sues-former-employee-over-alleged-stolen-documents/
‘Brazenly disloyal’: Meta sues former vice president over alleged stolen ...
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Indian-origin techie quits ₹6.6 crore Meta job, opens startup: Rahul Pandey joined the tech giant in August 2017 and resigned in January last year ...
hindustantimes.com/technology/indianorigin-techie-left-rs-6-6-crore-meta-job-built-his-own-startup-heres-why-101698633409004.html
Indian-origin techie quits ₹6.6 crore Meta job, opens startup
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Elon Musk says the first human has received a brain implant from his Neuralink startup
cnn.com/2024/01/30/business/elon-musk-brain-implant-neuralink-intl-hnk/
Elon Musk says the first human has received a brain implant from his ...
Quick Glance: Neuralink Implants Brain Chip in First Human, Musk Confirms
  • First successful implantation of a brain chip in a human patient by Neuralink founder Elon Musk.

  • The company received approval in September to recruit participants for a human trial with paralysis patients.

  • The brain-computer interface (BCI) implant is placed in a region of the brain that controls the intention to move.

  • The first product from Neuralink will be called Telepathy, according to Musk.
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These startups had to file for bankruptcy in 2024: In the first two months of the new year, the number of insolvency applications in the country's local courts ...
businessinsider.de/gruenderszene/business/startup-insolvenzen-2024-februar/
These startups had to file for bankruptcy in 2024
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Fidelity cuts Meta-backed Meesho valuation to $3.5 billion: Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment ...
techcrunch.com/2024/01/29/fidelity-cuts-india-meesho-valuation-to-3-5-billion/
Fidelity cuts Meta-backed Meesho valuation to $3.5 billion
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We are riding the new Aera electric bike from Ahmedabad-based startup Matter. This is India’s first e-motorcycle with a 4-speed gearbox ... Show more
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When startups cannot operate without grants : Many startups fail to shade off reliance on grants, which in the end impacts their operations ...
monitor.co.ug/uganda/business/prosper/when-startups-cannot-operate-without-grants--4508046
When startups cannot operate without grants
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When various former employees of well-known startups start their own businesses, they are referred to as “mafias”. And the OpenAI mafia is widespread ... Show more
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Germany needs to attract innovative start-ups, experts say. Which hurdles are immigrant founders facing? #GermanyExplained
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Instagram co-founders’ news aggregation startup Artifact to shut down: Artifact, the news aggregator-turned social network from Instagram’s founders ...
techcrunch.com/2024/01/12/instagram-co-founders-news-aggregation-startup-artifact-to-shut-down/
Instagram co-founders’ news aggregation startup Artifact to shut down
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The pitch deck that new social media platform Seam used to get $2.5M: Seam Social is a new social-media platform where users can code their own experiences.
businessinsider.com/read-pitch-deck-new-social-media-web3-platform-seam-seed-2023-12
The pitch deck that new social media platform Seam used to get $2.5M
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The major tech platforms have the power to make and break the startups that rely on them. Just ask Joe Speiser and the former staff of LittleThings. on.inc.com/qNfFSjU
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Strategy, Not Technology, Is the Key to Winning with GenAI: The explosion of AI startups in dozens of sectors masks something many of them share: They are ...
hbr.org/2023/12/strategy-not-technology-is-the-key-to-winning-with-genai
Strategy, Not Technology, Is the Key to Winning with GenAI
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Deals Digest: PE/VC capital flow rises on a low base: VCCircle is India leading source Latest Indian Financial News,Startup Funding,Real Estate,Funding news ...
vccircle.com/dealsdigest-pe-vc-deals-flow-rise-on-a-low-base-seen-last-week
Deals Digest: PE/VC capital flow rises on a low base
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China's Moore Threads valued at $3.4 bln in funding before U.S. curbs - sources: Chinese chip design startup Moore Threads agreed a capital raise that brought ...
reuters.com/technology/chinas-moore-threads-valued-34-bln-funding-before-us-curbs-sources-2023-11-16/
China's Moore Threads valued at $3.4 bln in funding before U.S ...
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Many startups build on top of OpenAI's models, and are looking at alternatives from Anthropic and Meta in the wake of Sam Altman's ouster.
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Cult.fit’s fitness services business turns cash-flow positive, eyes 50% growth in FY24
vccircle.com/cultfit-s-fitness-services-business-turns-cash-flow-positive-eyes-50-growth-in-fy24
Cult.fit’s fitness services business turns cash-flow positive ...
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Facebook Gave His Company Hyper-Growth -- and Then Killed It Just as Fast: The major tech platforms have the power to make and break the startups that rely on ...
inc.com/magazine/202311/issie-lapowsky/facebook-gave-his-company-hyper-growth-and-then-killed-it-just-as-fast.html
Facebook Gave His Company Hyper-Growth -- and Then Killed It Just as Fast
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Meta's Threads goes live, OpenAI launches GPT-4 and Pornhub blocks access: In this edition of TechCrunch's Week in Review (WiR) newsletter ...
techcrunch.com/2023/07/08/metas-threads-goes-live-openai-launches-gpt-4-and-pornhub-blocks-access/
Meta's Threads goes live, OpenAI launches GPT-4 and Pornhub blocks ...
Quick Glance: Twitter traffic drops after Musk takeover, Threads debut
  • Twitter's traffic has significantly decreased since billionaire Elon Musk took control of the social media platform last fall, with long-time tweeters switching to alternative platforms like Meta's Threads.

  • Twitter's declining numbers come as Meta officially launches Threads, widely seen as a new competitor to Twitter, which debuted last week.

  • As of Monday, Twitter is currently ranked 37th in Cloudflare's list of top 100 domains, coinciding with the unpopular changes made by Musk to the site in recent months and the launch of Threads and other Twitter alternatives.

  • Earlier this month, Twitter, which Musk officially purchased last October, faced backlash from its users when the platform imposed a rate limit on the number of posts different account tiers could read each day, as reported by The Guardian.
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Oculus cofounder Nate Mitchell's Mountaintop Studios raises funding: Nate Mitchell was the last Oculus cofounder to leave Meta in 2019, five years after the VR ...
businessinsider.com/oculus-cofounder-nate-mitchell-startup-mountaintop-studios-raises-2023-10
Oculus cofounder Nate Mitchell's Mountaintop Studios raises funding
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1 in 5 companies founded in 2021 closed within the year—a story all too familiar in the US
star-telegram.com/news/business/article279484184.html
1 in 5 companies founded in 2021 closed within the year—a story all too ...
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Kustomer, the CRM startup acquired by Meta last year for $1B, spins out on a $250M valuation
techcrunch.com/2023/05/16/kustomer-meta-spin-out/
Kustomer, the CRM startup acquired by Meta last year for $1B ...
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Robotaxis hit a speedbump, crypto is down, and tech IPOs may be on the horizon: Listen here or wherever you get your podcasts. Hello, and welcome back to Equity ...
techcrunch.com/2023/08/21/robotaxis-hit-a-speedbump-crypto-is-down-and-tech-ipos-may-be-on-the-horizon/
Robotaxis hit a speedbump, crypto is down, and tech IPOs may be on the ...
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What's behind digital health’s funding freefall: Many digital health companies haven’t been able to successfully commercialize their products and sell them to ...
modernhealthcare.com/digital-health/digital-health-startups-funding-2023
What's behind digital health’s funding freefall
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Announcing the SaaS Stage agenda at TechCrunch Disrupt 2023
TechCrunch: TechCrunch | Reporting on the business of technology, startups, venture capital funding, and Silicon Valley
techcrunch.com/
TechCrunch
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Meta launched a new app on Wednesday called Threads to take on Twitter, letting users share short-form text and image posts similar to those on the Elon ... Show more
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After a victorious battle with the FTC, Mark Zuckerberg finally gets to buy that VR startup
fortune.com/2023/02/06/meta-buying-vr-startup-within-unlimited-after-ftc-battle/
After a victorious battle with the FTC, Mark Zuckerberg finally gets to ...
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Meta launches mixed reality program in India with $250k grant: Meta is launching a new Mixed Reality program in India that comes with a $250 ...
indianexpress.com/article/technology/tech-news-technology/meta-mixed-reality-program-india-grant-8690261/
Meta launches mixed reality program in India with $250k grant
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After a victorious battle with the FTC, Mark Zuckerberg finally gets to buy that VR startup
fortune.com/2023/02/06/meta-buying-vr-startup-within-unlimited-after-ftc-battle/
After a victorious battle with the FTC, Mark Zuckerberg finally gets to ...
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It's not just hype, corporate America is making huge bets on AI transforming their businesses
techcrunch.com/2023/06/16/ai-transformating-corporate-america/
It's not just hype, corporate America is making huge bets on AI ...
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African space tech? Don't rule it out, says Nigeria's startup king: The gloomy figures do not dim Aboyeji's confidence
monitor.co.ug/uganda/news/african-space-tech-don-t-rule-it-out-says-nigeria-s-startup-king-4262788
African space tech? Don't rule it out, says Nigeria's startup ...
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Atlanta investors are bullish on where the city's startup scene is headed: Two Atlanta-based VCs talk about the strengths of the city's growing ...
techcrunch.com/2023/06/07/atlanta-investors-are-bullish-on-where-the-citys-startup-scene-is-headed/
Atlanta investors are bullish on where the city's startup scene is ...
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What is bio-oil, and why does Big Tech think it can fight climate change?: Alphabet, Meta, and other big tech companies have inked a deal with San Francisco ...
theverge.com/2023/5/18/23727327/bio-oil-climate-change-charm-industrial-frontier-meta-stripe-alphabet-shopify
What is bio-oil, and why does Big Tech think it can fight climate change?
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Down rounds are a 'ticket to try again,' says founder who raised 3 in a row
techcrunch.com/2023/05/05/down-rounds-are-not-bad/
Down rounds are a 'ticket to try again,' says founder who raised ...
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How a small Dunedin startup helped break TikTok into the US: A very strange journey that all began at a gym in Central Otago.
thespinoff.co.nz/business/29-04-2023/how-a-small-dunedin-startup-helped-break-tiktok-into-the-us
How a small Dunedin startup helped break TikTok into the US
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Entrepreneurs, Stop Building And Chasing Weak Business Models. Do This Instead: Look for ways to generate real revenue with an early customer to test out not ...
forbes.com/sites/bernhardschroeder/2023/04/08/entrepreneurs-stop-building-and-chasing-weak-business-models-do-this-instead/
Entrepreneurs, Stop Building And Chasing Weak Business Models ...
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How a small Dunedin startup helped break TikTok into the US: A very strange journey that all began at a gym in Central Otago.
thespinoff.co.nz/business/29-04-2023/how-a-small-dunedin-startup-helped-break-tiktok-into-the-us
How a small Dunedin startup helped break TikTok into the US
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What is this, revenue growth for ants?: Growth matters, but given the macroeconomic climate, smaller numbers are apparently OK as long as there are clear factors ...
techcrunch.com/2023/04/27/meta-google-microsoft-earnings-analysis/
What is this, revenue growth for ants?
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Google AI teams are experiencing a brain drain as researchers leave: Google has long been a leader in AI innovation. Now, the company is seeing some of its top ...
businessinsider.com/google-ai-teams-brain-drain-researchers-leave-2023-3
Google AI teams are experiencing a brain drain as researchers leave
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Microsoft’s big bet on AI could bring ChatGPT to the masses: Buzzy AI tools like ChatGPT could be coming soon to a workplace near you, as Microsoft makes a big ...
washingtonpost.com/technology/2023/01/21/microsoft-office-chatgpt-openai/
Microsoft’s big bet on AI could bring ChatGPT to the masses
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Meta must face trial over AI trade secrets, judge says | Mint: Meta Platforms Inc will have to face a trial over accusations that it stole confidential ...
livemint.com/companies/news/meta-must-face-trial-over-ai-trade-secrets-judge-says-11678155172339.html
Meta must face trial over AI trade secrets, judge says | Mint
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Telehealth startup Cerebral had a HIPAA-violating data breach: Hello, HIPAA violation!
mashable.com/article/telehealth-data-breach-cerebral-tiktok-meta-facebook
Telehealth startup Cerebral had a HIPAA-violating data breach
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Pennylane: Fintech set to raise new round led by DST, sources say: The French startup has grown rapidly since it was founded less than three years ago and ...
businessinsider.com/pennylane-fintech-set-to-raise-new-round-led-by-dst-sources-say-2023-3
Pennylane: Fintech set to raise new round led by DST, sources say
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Baby bottle company claims to have a fix for breast feeding woes. They're emulating the experience.
usatoday.com/story/tech/2022/11/15/baby-bottle-breast-feeding-startup-technology-emulait/10652126002/
Baby bottle company claims to have a fix for breast feeding woes ...
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Worried about the economy? These 5 successful companies were started during the Great Recession
cnbc.com/2022/12/29/uber-to-venmo-successful-companies-started-during-great-recession.html
Worried about the economy? These 5 successful companies were started ...
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I Found the Perfect Replacement for Twitter. It’s LinkedIn: In a fragmented online world, the professional social network is finding mass appeal.
wired.com/story/twitter-alternatives-linkedin/
I Found the Perfect Replacement for Twitter. It’s LinkedIn
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Meta Notches Win as FTC Drops Challenge to Virtual-Reality Deal: The Federal Trade Commission voted to withdraw an antitrust complaint challenging Meta Platforms ...
bloomberg.com/news/articles/2023-02-24/meta-notches-win-as-ftc-drops-challenge-of-virtual-reality-buy
Meta Notches Win as FTC Drops Challenge to Virtual-Reality Deal
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Higher costs no deterrent for startups using WhatsApp, Twitter for business: Higher costs are no deterrent for startups taking the social media route for ...
financialexpress.com/industry/higher-costs-no-deterrent-for-startups-using-whatsapp-twitter-for-business/2992873/
Higher costs no deterrent for startups using WhatsApp, Twitter for ...
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Meta technology chief Bosworth implies company has lost focus: Meta technology chief Andrew "Boz" Bosworth is wistful for the days when Facebook was a startup ...
cnbc.com/2023/01/31/meta-cto-andrew-bosworth-writes-facebook-of-old-had-focus-in-blog-post.html
Meta technology chief Bosworth implies company has lost focus
Quick Glance: Meta outperforms sales expectations, resulting in a 20% increase in share price.
  • Last quarter, the Meta division reported an operating loss of approximately $4.3 billion.

  • Meta also increased share buybacks by $40 billion (36.3 billion euros), and founder and CEO Mark Zuckerberg hinted at further cost cuts.

  • Bottom line, quarterly profit dropped 55% to $4.65 billion (4.2 billion euros).

  • According to chief financial officer Susan Li, this included restructuring costs. The operating loss for 2022 totaled 13.7 billion US dollars (12.5 billion euros) on sales of only 2.16 billion dollars (1.96 billion euros).
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Meta has massive plans for VR, despite users not being that into it: The company has three new VR headsets in the pipeline.
mashable.com/article/meta-new-quest-glasses-vr
Meta has massive plans for VR, despite users not being that into it
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'Great result': Funding secured for Oamaru Hospital: A new funding contract has been agreed to keep the doors open at Oamaru Hospital ...
odt.co.nz/regions/north-otago/great-result-funding-secured-oamaru-hospital
'Great result': Funding secured for Oamaru Hospital
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Buy Nothing, a project created by two women from Bainbridge Island, Washington, was intended to revive old-fashioned sharing among neighbors ... Show more

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After court loss, FTC dismisses Meta-Within case: The regulator will not try to pursue its case against the deal in an internal court.
axios.com/2023/02/24/ftc-meta-within-case-dismissed
After court loss, FTC dismisses Meta-Within case
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Salesforce’s Bret Taylor to Start AI Firm With Departing Google VP: Bret Taylor, who recently resigned as co-chief executive officer at Salesforce Inc. ...
bloomberg.com/news/articles/2023-02-08/salesforce-s-bret-taylor-to-start-ai-firm-with-clay-bavor-of-google
Salesforce’s Bret Taylor to Start AI Firm With Departing Google VP
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Court explains decision to let Meta acquire VR firm: Meta prevailed over a Federal Trade Commission effort to apply antitrust law to emerging markets.
axios.com/2023/02/06/meta-within-deal-court-ruling
Court explains decision to let Meta acquire VR firm
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FTC Loses Antitrust Challenge to Facebook Parent Meta: Judge denies agency’s request for injunction blocking Meta’s proposed acquisition of virtual-reality ...
wsj.com/articles/ftc-loses-antitrust-challenge-to-facebook-parent-meta-11675272525
FTC Loses Antitrust Challenge to Facebook Parent Meta
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Meta to buy VR startup Within after favorable court ruling: A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy ...
pressdemocrat.com/article/business/meta-to-buy-vr-startup-within-after-favorable-court-ruling/
Meta to buy VR startup Within after favorable court ruling
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Startup founder tells Elon he'll pay $100 for old Twitter back: Nikita Bier, whose startups have been acquired by Discord and Facebook, isn't a fan of the ...
businessinsider.com/startup-founder-tells-elon-musk-pay-old-twitter-version-back-2023-1
Startup founder tells Elon he'll pay $100 for old Twitter back
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Meta reportedly wins fight to buy VR startup Within: A judge has denied the FTC’s request to block Meta’s acquisition of VR startup Within ...
theverge.com/2023/2/1/23575041/meta-within-vr-acquisition-ftc-antitrust-lawsuit-injunction-denied
Meta reportedly wins fight to buy VR startup Within
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Big Tech was moving cautiously on AI. Then came ChatGPT.: Google, Facebook and Microsoft have used AI in their products for years. But OpenAI's ChatGPT is ...
washingtonpost.com/technology/2023/01/27/chatgpt-google-meta/
Big Tech was moving cautiously on AI. Then came ChatGPT.