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Tech News

  • Posted on May 9, 2023

Arbitrum co-founder sees DAO’s resolution to voter drama as a “testament to decentralization”

It’s been a little over a month since the Arbitrum Foundation drama, where the foundation transferred funds from Arbitrum DAO without the community’s approval, sparking an uproar. But if you ask Steven Goldfeder,

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  • Posted on May 9, 2023

This new banking app wants to help with the financial woes of retirement

Different demographics often have different banking needs. So it’s no surprise that we have seen a flurry of financial technology startups offering banking services catered to certain populations based on factors

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  • Posted on May 9, 2023

Amazon’s new service lets users buy physical items in games and apps

Amazon is launching a new immersive shopping experience called “Amazon Anywhere,” the company announced on Tuesday. The service brings Amazon’s online marketplace to video games and mobile apps, starting with

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  • Posted on May 9, 2023

TechCrunch+ roundup: Unicorn origins, red flags for investors, generative AI meets copyright law

Are you a seed-stage founder who’s building a unicorn? Last month, at TechCrunch Early Stage, I spoke to NFX Founding Partner James Currier about where ideas for billion-dollar companies come from. Currier, who was

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  • Posted on May 9, 2023

We’re close to peak pessimism around fintech

PayPal’s shares are off around 11% this morning despite the company reporting better-than-expected revenue and profit in the first quarter. The company also raised its forecast for the year, though that was

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  • Posted on May 9, 2023

Anthropic thinks ‘constitutional AI’ is the best way to train models

Anthropic, a startup that hopes to raise $5 billion over the next four years to train powerful text-generating AI systems like OpenAI’s ChatGPT, today peeled back the curtains on its approach to creating those

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  • Posted on May 9, 2023

Ascend raises $25 million for pre-seed AI startups in the Pacific Northwest

Investing in artificial intelligence (AI) startups is the latest bandwagon VCs are piling onto. But as last year’s crypto experts quickly work to rebrand as AI experts, they’ll have to compete with the VCs who have

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  • Posted on May 9, 2023

Former FTX CEO Sam Bankman-Fried seeks to dismiss most US charges against him

Former FTX CEO and founder Sam Bankman-Fried has filed a pretrial motion to dismiss 10 out of 13 charges against him, according to court documents. Bankman-Fried is under house arrest at his parent’s house in Palo

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  • Posted on May 9, 2023

Liquidity Group, a debt financier for growth stages, raises another $40M and aims for Europe

Last year we covered how late-stage tech backer Liquidity Group had raised $775M for its fintech platform from Apollo (private equity) and MUFG (a Japanese bank). Liquidity is part tech platform and part lender,

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  • Posted on May 9, 2023

Eventbrite integrates GPT capabilites into platform to aid the event planning process

Eventbrite, an event management and ticketing website, announced Monday new GPT-powered tools that will help event creators with arguably some of the most tedious, time-consuming steps in event planning—event pages,

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