Sam Bankman-Fried says he didn’t defraud FTX customers or take their funds
“I made a number of small mistakes,” Bankman-Fried said Friday. © 2023 TechCrunch. All rights reserved. For personal use only.
Big Tech’s massive ad businesses are getting a boost from AI
As the American economy posts impressive growth, we take a look at how much money Big Tech companies raked in from advertising in Q3. © 2023 TechCrunch. All rights reserved. For personal use only.
Truecaller drops 32% on lower revenue
Shares of Truecaller dropped to as low as 35% before recovering slightly to 32% Friday after the Switzerland-headquartered firm, known for its eponymous caller ID app, reported lower than estimated revenue.
Apple’s Scary Fast October Mac event: How to watch and what to expect
Surprise! Apple’s got one more event to go this year. Word is that various supply chain issues kiboshed plans to announce additional hardware at last month’s iPhone 15 event. Whereas in past years the company has
X to take on newswire services with new product, XWire
As Instagram Threads is leaning away from news, according to statements made by Instagram head Adam Mosseri, its competitor X appears to be doubling down. Executives at the company formerly known as Twitter, spoke
Apple fixes bug that undermined iOS privacy feature for years
Apple has fixed a years-old vulnerability in its iPhone and iPad software that undermined a privacy feature since it first debuted. Back in 2020, Apple announced a new feature in iOS 14 that would prevent nearby
Capturing spread is a powerful but less understood business model available for some startups
The product needs to be great, but without sales, the business doesn’t generate those nosebleed valuations. © 2023 TechCrunch. All rights reserved. For personal use only.
A group behind Stable Diffusion wants to open source emotion-detecting AI
In 2019, Amazon upgraded its Alexa assistant with a feature that enabled it to detect when a customer was likely frustrated — and respond with proportionately more sympathy. If a customer asked Alexa to play a song
Internet access in Gaza is collapsing as ISPs fall offline
As the conflict between Israel and Hamas reaches its third week, internet connectivity in Gaza is getting worse. On Thursday, internet monitoring firm NetBlocks wrote on X, formerly Twitter, that the Palestinian
AI is going to make Big Tech even bigger, and richer
Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, and