Tue.Jan 02, 2024

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Eight Ben Franklin TechCelerator Finalists Chosen from Erie, Pennsylvania!

Ben Franklin Technology Partners

Out of 14 applicants, eight finalists were selected to participate in Ben Franklin Technology Partner’s TechCelerator Business Bootcamp , a program designed to help entrepreneurs explore the likelihood of success for a startup business idea. These eight finalists, all located around Erie Pennsylvania, have innovative ideas that they will be working to enhance over the next 10 weeks, with help from Ben Franklin’s experienced business coaches.

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Fidelity marks down X valuation by 71.5%

TechCrunch

Mutual fund company Fidelity has marked down its investment in X holdings — the parent company of X (formerly Twitter) owned by Elon Musk — by 71.5% from the original valuation of shares, according to a new disclosure. Fidelity spent $19.2 million to acquire a stake in X back in October 2022. The fund manager […] © 2023 TechCrunch. All rights reserved.

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U.S. Holiday Retail Sales up 3.1%, according to Mastercard Spending Pulse’s Preliminary Data

American Entrepreneurship

Positive holiday season sales combined with low unemployment with lower inflation bodes well for the economy Another indicator that the U.S. economy is doing well was released this past week. Mastercard SpendingPulse TM issued its preliminary data for the holiday season, showing U.S. retail sales excluding automotive increased +3.1% year-over-year.

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Generative AI: Transforming education into a personalized, addictive learning experience

TechCrunch

Education has always been centered around the human element, and it's hard to imagine a world where machines can replace that. © 2023 TechCrunch. All rights reserved. For personal use only.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Annual Review and New Year Goal Setting

GCUC

Annual Review and New Year Goal Setting New year, new you? Good intentions to the max but are you working with the full deck of information? You have likely heard the.

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GBA Capital Commits $10 B to Catalyze Web3 Startups in Virtual Reality, Metaverse, and NFTs

AsiaTechDaily

Chinese venture capital firm GBA Capital has unveiled plans to allocate $10 billion for a Web3 fund with a focus on supporting startups in virtual reality, the metaverse, and non-fungible tokens (NFTs). The announcement was made during the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference held on December 26. GBA Capital aims to […] The post GBA Capital Commits $10 B to Catalyze Web3 Startups in Virtual Reality, Metaverse, and NFTs first appeared on AsiaTechDaily

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Short-term rental provider Frontdesk lays off entire staff, on the verge of shutting down

TechCrunch

Another proptech startup has run into trouble. Frontdesk, a startup that managed more than 1,000 furnished apartments across the United States, laid off its entire 200-person workforce Tuesday after attempts to raise more capital failed, TechCrunch exclusively learned from sources familiar with internal happenings at the company. The mass layoff comes just seven months after […] © 2023 TechCrunch.

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OpenAI moves to shrink regulatory risk in EU around data privacy

TechCrunch

While most of Europe was still knuckle deep in the holiday chocolate selection box late last month, ChatGPT maker OpenAI was busy firing out an email with details of an incoming update to its terms that looks intended to shrink its regulatory risk in the European Union. The AI giant’s technology has come under early […] © 2023 TechCrunch.

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MIT scientists are working on a vibrating obesity pill

TechCrunch

MIT likens a new vibrating capsule to drinking a glass full of water prior to eating. Dieticians recommend the latter as a method for sending to your brain to simulate the sensation of being full. The researchers behind the new project further suggest it as a future alternative to surgery and GLP-1s. The latter, which […] © 2023 TechCrunch. All rights reserved.

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Your Fractional Finance and Accounting Team

Mighty Financial specializes in supporting the financial aspirations of small businesses and entrepreneurs. With our comprehensive bookkeeping and precise accounting expertise with decades of experience across diverse financial roles, our team offers tailor-made services ranging from essential bookkeeping to strategic fractional CFO support, catered specifically to the unique challenges of technology companies, startups, and SMEs.

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Great, now we have to become digital copyright experts

TechCrunch

When news broke last year that AI heavyweight OpenAI and Axel Springer had reached a financial agreement and partnership, it seemed to bode well for harmony between folks who write words, and tech companies that use them to help create and train artificial intelligence models. At the time OpenAI had also come to an agreement […] © 2023 TechCrunch.

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Samsung’s Galaxy S24 lineup set for January 17 debut

TechCrunch

Samsung’s mobile division ditched the big show unveils a while back. Gone, too, it seems are the days when the company would save its first big phone news of the year for the weeks leading up to Mobile World Congress. The latest Unpacked event is set for January 17 — a week and change after […] © 2023 TechCrunch. All rights reserved. For personal use only.

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Why Fortnite is getting into cozy gaming

TechCrunch

When it comes to figuring out a formula for a hit game that keeps players coming back year after year, Saxs Persson would know. Now at Epic Games overseeing the Fortnite ecosystem, Persson previously spent 12 years at Mojang building Minecraft into the stratospheric success it is today. Persson hopped over to Epic in 2022 […] © 2023 TechCrunch.

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Telegram’s latest update brings a redesigned call interface that uses less of your phone’s battery

TechCrunch

Telegram is rolling out a new update that introduces improved calls with a new design that uses less of your phone’s battery. The update also brings new animations, enhancements to the app’s bot platform and more. The company says it has redesigned calls and added backgrounds that change dynamically based on the call’s status: ringing, […] © 2023 TechCrunch.

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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Tesla’s cheapest cars helped it notch another record year

TechCrunch

Tesla shipped a record number of electric vehicles in the fourth quarter to help it edge out its targets for the year. The company delivered 1.81 million EVs in 2023 and built 1.85 million, according to a Tuesday morning press release. Those figures were slightly above the 1.8 million goal Tesla announced at the beginning […] © 2023 TechCrunch.

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Why Puma is sticking to its web3 bets as crypto shakes off a long-held winter

TechCrunch

While some brands moved away from web3 in 2023 during a long crypto winter, Puma stayed the course and its head of emerging technology Ivan Dashkov told TechCrunch+ it has no intentions of leaving. After two years working with web3, Puma’s tech revenues remain modest, but the sportswear manufacturer intends to be ready for a more […] © 2023 TechCrunch.

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Early-stage hard tech firm Countdown Capital shutting down

TechCrunch

Countdown Capital, an early-stage venture capital firm focused on hard tech industrial startups, will shut down by the end of March and return uninvested capital, firm founder and solo general partner Jai Malik said in an annual letter. In the letter, which was viewed by TechCrunch, Malik says he decided to close the fund after […] © 2023 TechCrunch.

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Terran Orbital receives key payment from Rivada Space, adjusts year-end cash balance

TechCrunch

Terran Orbital has updated its anticipated financial results for the years-end after the company received a long-awaited payment from its largest customer, Rivada Space Networks. The news, announced today, confirms earlier reports from TechCrunch that Terran CEO Marc Bell was expecting at least some payment from Rivada before the close of the year. Rivada, a […] © 2023 TechCrunch.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Rivian deliveries slip 10% in Q4, raising demand questions

TechCrunch

Rivian reported Tuesday it produced 17,541 vehicles at its Normal, Illinois factory and delivered 13,972 to customers in the fourth quarter, mixed results that left investors wary and sent shares down in pre-market trading. Rivian had shown consistent growth in production and deliveries in the first three quarters of the year. And while production numbers […] © 2023 TechCrunch.

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Here are the 5 EVs that qualify for the full federal tax credit in 2024

TechCrunch

The U.S. government has revealed the list of electric vehicles that qualify for the full federal tax credit under the newer, more stringent guidelines, and you can count them on one hand. General Motors’ outgoing Chevy Bolt, plus certain variants of the Ford F-150 Lightning and Tesla’s Model 3, Model Y and Model X are […] © 2023 TechCrunch.

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Debunking the myth that crowdfunding is only good for cash

TechCrunch

VCs like to tout they bring value beyond their capital, but many startups say they've found the same benefits from crowdfunding investors. © 2023 TechCrunch. All rights reserved. For personal use only.

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Public domain Mickey Mouse is the first meme of 2024

TechCrunch

The new year marks the nerdiest holiday you maybe didn’t know about: Public Domain Day. But this year’s celebration is extra special. After years of legal battles, “Steamboat Willie,” a 1928 Walt Disney short featuring Mickey Mouse, is now public domain. No, that doesn’t mean that you can take the character of Mickey Mouse as […] © 2023 TechCrunch.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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AI versus copyright, and why you shouldn’t count your NFT chickens before they hatch

TechCrunch

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. This being the first week […] © 2023 TechCrunch.

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ChatGPT: Everything you need to know about the AI-powered chatbot

TechCrunch

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. And that growth has propelled OpenAI itself into becoming […] © 2023 TechCrunch.

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Tech for Palestine launches to provide tools to help support Palestinians

TechCrunch

The Israel-Hamas war has proved divisive to the tech industry. This is one of the first public stances in support for Palestine. © 2023 TechCrunch. All rights reserved. For personal use only.

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