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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 crunchers! Christine is off for a few days, which means you’re stuck with just me. Prepare for awful puns and worse jokes. Oh yes.  But before we start the pun-ishment, let’s […] Daily Crunch: Bach to the future – Forthcoming Apple Music Classical app will feature 5M tracks by Haje Jan Kamps originally published on TechCrunch... →

In a way, fruit flies are just like us. They have eyes, legs, nervous systems, and they love fruit. Unlike us, however, they only have a few thousand neurons in their brains, which means scientists can map of just all the cells but all the connections between them — producing for the first time a […] With this brain map we are one step closer to total fruit fly simulation by Devin Coldewey originally published on TechCrunch... →

Some of Silicon Valley Bank’s customers are struggling to transfer funds out of their bank accounts, numerous sources tell TechCrunch. The seeming wave of attempted withdrawals comes after SVB announced yesterday that it lost $1.8 billion in the sale of U.S. treasuries and mortgage-backed securities that it had invested in, owing to rising interest rates. […] Some SVB customers are struggling to wire funds out of the bank by Natasha Mascarenhas originally published on TechCrunch... →

It may go down in the history books about Silicon Valley: the time that its most prominent bank, a bank founded nearly 40 years earlier, inflicted such grievous injury on itself that it had to be rescued by another, even bigger bank or else risk going down in flames in a single day. We don’t […] Silicon Valley Bank shoots self in foot by Connie Loizos originally published on TechCrunch... →

On Thursday, the U.S. government announced that it had seized a website used to sell malware designed to spy on computers and cellphones. The malware is called NetWire, and for years several cybersecurity companies, and at least one government agency, have written reports detailing how hackers were using the malware. While NetWire was also reportedly […] How the FBI proved a remote admin tool was actually malware by Lorenzo Franceschi-Bicchierai originally published on TechCrunch... →

Here is a recap of what happened in the search forums today, through the eyes of the Search Engine Roundtable and other search forums on the web. Google Trends launched a new design with links to publishers. Bing Chat can show answer cards...... →

VCs are advising startups to generally keep no more than $250,000 in SVB checking accounts. Venture firms are advising portfolio companies to move money out of SVB by Natasha Mascarenhas originally published on TechCrunch... →

Forgive the scattered nature of this week’s Actuator. No big, overarching monologs this week — just a handful of things I’ve been thinking about lately that I’d like to get down on paper. I suppose that’s one of the perks of doing a weekly newsletter— it forces you to flesh out some bigger ideas. Point […] Mistakes were made (and that’s fine) by Brian Heater originally published on TechCrunch... →

Shares of Silicon Valley Bank are down sharply Thursday in the wake of the company’s announcement that it is raising additional capital by selling stock, taking a charge to roll over an asset portfolio to higher-yielding assets and extending its term borrowing capacity. It turns out burn reduction at startups is more aspiration than reality […] Silicon Valley Bank’s shares are tanking, as a mess unfolds by Natasha Mascarenhas originally published on TechCrunch... →

On Wednesday, Silvergate Capital, a publicly traded crypto bank, shared that it would “wind down operations and voluntarily liquidate” its bank division. Silvergate’s shiny hinges have rusted as the crypto bank plans to shut down by Jacquelyn Melinek originally published on TechCrunch... →

ChatGPT, OpenAI’s viral, AI-powered chatbot tech, is now available in a more enterprise-friendly package. Microsoft today announced that ChatGPT is generally available through the Azure OpenAI Service, the company’s fully managed, corporate-focused offering designed to give businesses access to OpenAI’s technologies with added governance and compliance features. Customers, who must already be “Microsoft managed customers […] ChatGPT comes to Microsoft’s enterprise-focused, Azure-powered managed service by K... →

Так они надеются выйти из-под западных санкций, но гарантий на это у них нет.... →

MiO Marketplace, a platform for media publishers and buyers, shared the deck it used to raise an angel round of $550,000 at a $3.6 million pre-money valuation. Pitch Deck Teardown: MiO Marketplace’s $550K angel deck by Haje Jan Kamps originally published on TechCrunch... →

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Startups are facing a moment of reckoning in the current economic climate, and today one of the more promising in the world of fintech has cracked under the pressure. Railsr, the London, UK embedded finance startup formerly known as Railsbank and once worth nearly $1 billion, announced today that it has been acquired by a […] Railsr, the UK embedded fintech once valued at nearly $1B, goes into bankruptcy protection under new consortium owner by Ingrid Lunden originally published on TechCrunch... →