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Monthly Archives: February 2023
South African car subscription service Planet42 raises $100M equity, debt
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $100 million in equity and debt from a wide range of investors. Naspers, through its early-stage investment … Continue reading
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Meta Verified won’t let you change name, username or profile photo for now
After looking at Twitter’s struggle with impersonation problems when Elon Musk relaunched Twitter Blue, Mark Zuckerberg is putting guardrails before launching Meta Verified. Earlier this week, the company announced its subscription plan, which is set to be available for users … Continue reading
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European VC firms Amadeus and Apex partner for €80m early-stage ‘deep tech’ fund
U.K.-based Amadeus Capital Partners and Austria’s Apex Ventures are pooling their collective venture capital (VC) resources for a new fund specifically targeted at early-stage deep tech startups. The duo have raised an initial €28 million ($30 million) for the Amadeus … Continue reading
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Supreme Court arguments this week could reshape the future of the internet
The Supreme Court is examining a short but potent law this week that, if altered, could rearrange the modern internet. Section 230 of the Communications Decency Act shields internet companies from liability for the user-generated content they host and it’s … Continue reading
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SignalFire’s founder says his VC firm lost staffers who “thought we were too cheap” in prior years
For most founders, being seen by employees as cheap isn’t exactly a badge of honor, but venture investor Chris Farmer doesn’t mind. While Farmer’s 10-year-old, seed-stage venture firm SignalFire lost frustrated employees who weren’t able to compete for deals when … Continue reading
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IBM: Most ransomware blocked last year, but cyberattacks are moving faster
A new study from IBM Security suggests cyberattackers are taking side routes that are less visible, and they are getting much faster at infiltrating perimeters. The post IBM: Most ransomware blocked last year, but cyberattacks are moving faster appeared first … Continue reading
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Twitter will send a notification when a tweet you replied to or retweeted gets a Community Note
Blindingly amplifying views or posts on social media is one of the key reasons for the rapid spread of misinformation. Over the years, prominent figures have posted or retweeted false information on Twitter. The social network is now giving a … Continue reading
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OpenAI’s Foundry will let customers buy dedicated compute to run its AI models
OpenAI is quietly launching a new developer platform that lets customers run the company’s newer machine learning models, like GPT-3.5, on dedicated capacity. In screenshots of documentation published to Twitter by users with early access, OpenAI describes the forthcoming offering, … Continue reading
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WhatsApp said to plot a newsletter play
Every day, about three dozen newsletters drop into my inbox. Some focus on the new thesis venture capitalists are developing for the Indian and crypto markets. Most look at news gathering. The rise of Substack has allowed many journalists to … Continue reading
What to expect from Tesla’s long-awaited FSD version 11
Tesla has started rolling out version 11 of its Full Self-Driving (FSD) beta software to employees and testers after several months of delays. The EV-maker hasn’t officially shared release notes on FSD Beta V11.3, but leaked notes and videos from … Continue reading
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