Monthly Archives: August 2024

Are AI-created recipes hard to swallow?

Chefs are increasingly using AI to dream up new food combinations, but the results are mixed.

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Apple introduces AI-powered object removal in photos with the latest iOS update

Apple released the new developer betas for iOS 18.1, iPadOS 18.1, and macOS 15.1 Sequoia. With this update, the company is launching new Apple Intelligence features including the ability to remove objects from photos. The feature, called Clean Up, lets … Continue reading

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NEA quietly reenters the secondaries market

New Enterprise Associates (NEA) is getting back into the secondaries game.  The Silicon Valley-based VC raised more than $468 million for NEA Secondary Opportunity Fund, according to an SEC filing. The fundraise closed on July 3, according to a source … Continue reading

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Affirm shares surge 16% after better-than-expected results, strong guidance

Affirm shares jumped Wednesday in after-hours trading following a beat on the top and bottom lines.

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One of Bolt’s proposed new backers, The London Fund, has been scrubbing its web page

One-click checkout tech company Bolt is still waiting to find out if shareholders will sign off on a proposed funding round with stipulations that founder Ryan Breslow would return as CEO. In the meantime, Axios’ Dan Primack did some digging around on The London … Continue reading

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Telegram CEO charged with allowing criminal activity by French prosecutors

French prosecutors on Tuesday charged Telegram CEO Pavel Durov with enabling criminal activity on the messaging platform.

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OpenAI reportedly in talks to close a new funding round at $100B+ valuation

Whatever size the tranche ends up being it’ll be OpenAI’s biggest outside infusion of capital since January 2023. © 2024 TechCrunch. All rights reserved. For personal use only.

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Reddit back online after a software update took it down

Reddit’s mobile and web applications went down on Wednesday afternoon, with more than 150,000 users reporting outages on Downdetector as of 1:30 p.m. in San Francisco. When trying to access Reddit’s homepage, users were met with the message, “Server error. … Continue reading

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Telegram Founder Pavel Durov Charged Over Alleged Criminal Activity on the App

After four days in the custody of French police, Telegram’s CEO has been charged with complicity in spreading sexual images of children and other alleged crimes.

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CrowdStrike beats quarterly consensus but lowers full-year guidance

CrowdStrike expects less revenue for the full fiscal year following a broad-based outage on July 19 stemming from a buggy software update.

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