SoftBank sues former IRL CEO Abraham Shafi for fraud after investing $150M in IRL in 2021 on user metrics claims; IRL allegedly paid to fill the site with bots
There was a time Theranos was a unique story. Now we have IRL, Frank, FTX, Ozy Media, Headspin, etc. … X: Elon Musk / @elonmusk : @eringriffith Wow @zachweinberg : All you had to do to diligence IRL ...
Meta releases its Segment Anything Model and Segment Anything 1-Billion mask dataset, hoping to help researchers with computer vision and object identification
and Meta is sharing the code Katie Paul / Reuters : Meta releases AI model that can identify items within images GitHub : Segment Anything — Meta AI Research, FAIR — [Paper] [Project] [Demo] [Data...
A look at the impact of the funding crunch on India's tech startups, which raised $24.7B from January to November 2022, down 35% YoY, per data provider Tracxn
Chloe Cornish / Financial Times : Tweets: @parijatjha47 , @copperlife , @catcheronthesly , @johnreedwrites , @sushantsin , @financialtimes , and @financialtimes Tweets: @parijatjha47 : Bigger chunk o...
Report: VC funding in China for e-commerce, edtech, and social startups fell in 2021, but jumped for semiconductors, robotics, and other hard tech
Ryan McMorrow / Financial Times : Tweets: @muradahmed Tweets: Murad Ahmed / @muradahmed : VC money was one flowing into China's consumer tech start ups. Now its fleeing and heading to “hard tech” lea...
An in-depth look at Mike Speiser's investment playbook at Sutter Hill Ventures; Speiser incubated Snowflake, of which he was a founding investor, as interim CEO
In Formula 1 racing, you can win a world championship as a driver with one team but then not even make the top 10 without that team's car and infrastructure. Tweets: @modestproposal1 , @pridesai , and...
India's Supreme Court strikes down central bank's two-year-old ban on cryptocurrency trading in the country
- RBI banned banking services for digital currencies in 2018 — Start ups, exchanges, industry body challenged RBI's directive — India's Supreme Court struck …
Australia passes sweeping anti-encryption bill giving police power to implant malware and insert backdoors, despite opposition from experts, tech companies
that just passed in Australia today — is going to wipe out any reason to run a startup in the country. What a train wreck. http://twitter.com/... Kontra / @counternotions : Let's see if Australia can ...
Dear blockchain startups: do not promise decentralized Internet, you don't have to scale to the size of Facebook, just think small and build viable applications
sometimes for a very long time — before you get any traction that the wider world notices at all.” http://techcrunch.com/... Jennifer / @jennalee : I'd love just one of these start ups to say in 25 wo...