A federal jury has found Sam Bankman-Fried, the founder of FTX, guilty on all seven counts of fraud and conspiracy he was charged with in relation to the downfall of his cryptocurrency exchange. According to The New York Times, he faces a maximum sentence of […]
Month: November 2023
Norrsken22’s debut fund closes at $205M to back growth-stage startups in Africa
It’s exciting times for growth-stage investment in Africa as Norrsken22, a Pan-African venture capital firm, achieves the final close of its debut fund, raising a total of $205 million, surpassing its initial target. This also highlights a keen interest from institutional investors in supporting African […]
Intuit is closing down Mint, its popular free budget-tracking app
Intuit is shutting down its free budgeting app Mint, which had 3.6 million active users in 2021, Bloomberg reported. The company will absorb users into its other service called Credit Karma when Mint disappears on January 1st, 2024 — less than two months from now. […]
Charting the last 10 years of the unicorn era
We’ve witnessed an incredible unicorn stampede over the last 10 years. © 2023 TechCrunch. All rights reserved. For personal use only.
Immutable teams up with Web3 games GensoKishi Online, Cursed Stone and Sailwars
Immutable announced it is working with three upcoming web3 games: GensoKishi Online, Cursed Stone, and Sailwars.
Amazon knows its policies force sellers to ‘live in constant fear’
It looks like Amazon is hellbent on keeping its spot as the biggest online retailer — even if that means hurting both sellers and customers. In September, the FTC filed a long-expected antitrust lawsuit against Amazon over its alleged use of illegal strategies to stay […]
Netflix’s ad-supported plan will soon allow downloads and reward binge-watching
Normally, all you get from binge-watching shows on Netflix are dry eyes and a popup asking if you’re still watching — has the answer ever been no? But, Netflix is celebrating one year of its ad-supported plan by giving all users on that tier every […]
Hidden Door unveils new art style for its AI-based narrative game
Hidden Door has unveiled an updated artistic vision behind its new game where generative AI creates the narrative for humans to play. With this game, which is still in the testing stages, the development team isn’t creating a singular narrative for the game. Rather, it’s […]
Facebook will let creators test different versions of Reels
Illustration by Nick Barclay / The Verge Creators on Facebook are getting a handful of new tools on the platform — including the ability to test how different Reels perform against each other. The most notable new feature is a Reels A/B testing tool. A/B […]
Meta will stop forcing your Threads posts onto Facebook and it can’t come soon enough
It looks like Meta may be pumping the brakes on one of its more aggressive, and unpopular, growth-hacking tactics for Threads. The company appears to be working on a new privacy setting so Threads users can opt-out of having their posts cross-posted to Facebook and […]