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The Vision Fund, a venture capital arm of SoftBank, has launched a sweeping layoff process, cutting at least 30% of its workforce globally, or approximately 150 of the 500 employees, according to a report by Bloomberg. The news comes nearly two months after SoftBank chief executive officer and founder Masayoshi Son said the company would […] SoftBank Vision Fund is reportedly laying off 30% of its workforce, or at least 150 employees by Kate Park originally published on TechCrunch... →

Alex Wiltschko has what he thinks is a big idea. He wants to build a company that digitizes scent. It’s a natural step for Wiltschko, who has a PhD in neurobiology from Harvard, where he studied how the brain processes odor. He didn’t wind up in this specific group accidentally, he suggests. It owes to […] GV aims to help build a company that can sniff out disease, literally by Connie Loizos originally published on TechCrunch... →

A new, particularly juicy document has surfaced in discovery leading up to the Elon Musk v. Twitter trial, slated to take place in a few weeks. Behold: a trove of texts between Musk and key figures at Twitter, like founder Jack Dorsey, board chair Bret Taylor and current CEO Parag Agrawal, and other casual chats […] Here are some of the cringiest revelations in the Elon Musk text dump by Amanda Silberling originally published on TechCrunch... →

Google Colaboratory (Colab for short), Google’s service designed to allow anyone to write and execute arbitrary Python code through a web browser, is introducing a pay-as-a-you-go plan. In its first pricing change since Google launched premium Colab plans in 2020, Colab will now give users the option to purchase additional compute time in Colab with […] Google Colaboratory launches a pay-as-you-go option, premium GPU access by Kyle Wiggers originally published on TechCrunch... →

Welcome back to Found, where we get the stories behind the startups. When Phil Libin co-founded Evernote he spent tons of money making the perfect working environment with chic offices, a shuttle bus and headphones to block out all of his employees’ distracting co-workers. He’s since seen the work-from-home light and co-founded mmhmm to make working remotely more efficient […] mmhmm co-founders are building the great pyramid of hybrid work by Maggie Stamets originally published on TechCrunch... →

Truepill, a platform that helps other companies offer diagnostics, telehealth services and prescriptions, has conducted its fourth layoff of the year. Sources say the layoff impacted around 65% of the existing staff across the engineering, human resources, design, IT and finance teams. The layoff comes around two months after its last round, which impacted about […] Truepill, a digital health unicorn, conducts fourth round of layoffs in 2022 by Natasha Mascarenhas originally published on TechCrunch... →

SpaceX and NASA have signed a new agreement to study the feasibility of sending a commercial crew in a SpaceX Dragon to boost the orbit of the Hubble Space Telescope. If completed, the mission could extend the operational lifespan of the telescope by as much as 20 years. NASA officials cautioned that today’s news is […] NASA and SpaceX are studying sending a private crew to boost Hubble’s orbit by Aria Alamalhodaei originally published on TechCrunch... →

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: Google to sunset Stadia in January 2023, will refund hardware purchases by Christine Hall originally published on TechCrunch... →

A group of House Democrats has unveiled a new bill that aims to put limits on the use of facial recognition technologies by law enforcement agencies across the United States. Dubbed the Facial Recognition Act, the bill would compel law enforcement to obtain a judge-authorized warrant before using facial recognition. By adding the warrant requirement, […] House Democrats debut new facial recognition bill by Zack Whittaker originally published on TechCrunch... →

Satellites in low Earth orbit can’t linger too long after they’ve finished what they went there to do, according to new rules passed by the FCC today. Now there’s a five year limit on loitering in orbit, which should help keep the space debris problem more manageable in years to come. The FCC, for reasons […] FCC rules satellites must deorbit within 5 years of ending mission by Devin Coldewey originally published on TechCrunch... →

It’s demo day season. This morning marked the kickoff of VC firm 500 Global’s Fall 2022 Demo Day, which saw over a dozen startups give their best pitches to prospective investors — and customers. Participants ran the gamut from fintech and sustainability to edtech and developer tools, and several stood out from the rest of […] The biggest moonshots from 500 Global’s latest Demo Day by Kyle Wiggers originally published on TechCrunch... →

Here is a recap of what happened in the search forums today...... →

Сокращение расходов происходит на фоне замедления роста рекламной выручки компании.... →

Meta’s researchers have made a significant leap in the AI art generation field with Make-A-Video, the creatively named new technique for — you guessed it — making a video out of nothing but a text prompt. The results are impressive and varied, and all, with no exceptions, slightly creepy. We’ve seen text-to-video models before — […] Meta’s Make-A-Video AI achieves a new, nightmarish state of the art by Devin Coldewey originally published on TechCrunch... →

After a decade of explosive growth, the company formerly known as Facebook is planning to trim down. Bloomberg reports that Meta CEO Mark Zuckerberg announced plans to freeze hiring and restructure some groups within the company Thursday in an internal all-hands call. According to Bloomberg, Meta plans to shrink budgets widely within the company, including […] Mark Zuckerberg tells Meta the company will freeze hiring and cut costs by Taylor Hatmaker originally published on TechCrunch... →

Twitter is adding new features to make it easier for users to watch and discover videos on its platform, the social network announced on Thursday. Most notably, the company is launching a scrollable TikTok-like scrollable video feed. In the coming days, users on iOS will be able to click on a video in their feed […] Twitter is adding a new TikTok-like full-screen video feature by Aisha Malik originally published on TechCrunch... →

Seeing significant M&A activity and repricing in the public insurtech cohort left us wondering about their private peers: Are the same trends at play, and to what extent? 8 investors weigh in on the state of insurtech in Q3 2022 by Anna Heim originally published on TechCrunch... →

The insurtech market has had a rough time this past year, so we reached out to 8 investors to find out where insurtech is headed in Q4. Despite its many troubles, the insurtech market is ‘far from dead,’ investors say by Anna Heim originally published on TechCrunch... →

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