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Monthly Archives: February 2023
Crypto exchange Binance expects to pay penalties to settle US investigations
Binance, the world’s largest crypto exchange, expects to pay monetary penalties to settle probes into its business in the U.S., a top executive said, in a major about-face after publicly disputing the idea that it was under any investigation and … Continue reading
									
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		Twitter allows cannabis ads in states where it’s legal
Twitter is allowing cannabis ads to run on its platform in U.S. states where cannabis is legal and in Canada, according to the company’s blog and Axios. Twitter updated its ad policy Wednesday, making it the first social media app … Continue reading
									
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		SEC’s proposal could affect which crypto companies can manage assets
The U.S. Securities and Exchange Commission proposed a new rule on Wednesday that may back crypto companies further into a corner as regulators continue to crack down on the space. The SEC voted 4-1 for a proposal that would direct … Continue reading
									
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		Bing around and find out
Microsoft’s new and improved Bing, powered by a custom version of OpenAI’s ChatGPT, has experienced a dizzyingly quick reversal: from “next big thing” to “brand-sinking albatross” in under a week. And, well, it’s all Microsoft’s fault. ChatGPT is a really … Continue reading
Daily Crunch: Generative AI search engine startup You.com adds multimodal chat
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello, and welcome to Hump Day! We’ve got a ton of amazing stories for you. Some are … Continue reading
									
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		When fundraising, anchor your company with the ‘why now?’ slide
When talking to investors, you’re answering the what (product), why (mission), where (if relevant) and how (strategy and go-to-market). But founders often ignore another important question: Why now? Why wouldn’t it have been possible to have built the company five … Continue reading
									
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		Google CEO tells employees some of company’s top products ‘were not first to market’ as A.I. pressure mounts
Google leadership has faced criticism of late for its slow response to ChatGPT and emerging competition from Microsoft.
FTX founder Sam Bankman-Fried’s two bond guarantors unsealed, both with ties to Stanford
The names of FTX co-founder Sam Bankman Fried’s bond guarantors were unsealed on Wednesday after a judge granted a motion to have their identities made public.
Cisco shares jump after networking company beats estimates, boosts full-year guidance
Cisco said it’s seeing more recurring revenue, while efforts to improve the company’s component supply availability are also paying off.
Microsoft’s Bing Chatbot Offers Some Puzzling and Inaccurate Responses
The new, A.I.-powered system was released to a small audience a week ago. Microsoft says it is working out its issues.
