Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it

Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. As if the pessimism around crypto weren’t enough, the industry is facing... Read more »

Major League Baseball embraces 3D motion tracking to scout players

Sometimes baseball feels like a game of inches. Clubs often compete for seemingly small advantages to get a leg up. Over the last couple of decades, that’s meant investments... Read more »

Niantic lays off 230 employees, cancels NBA and Marvel games

Pokémon GO maker Niantic laid off 230 employees today, just one year after it laid off around 90 employees. During last year’s layoffs, Niantic canceled four projects, including a... Read more »

VW subsidiary Electrify America to add Tesla connectors to EV charging network

Electrify America has become the latest company to align itself with Tesla’s EV charging standard. The company, which was created as part of a settlement of the Volkswagen diesel... Read more »

Scriptic scores $5.7M as it expands its phone-first generative AI content library

Scriptic (previously ElectricNoir), the immersive storytelling platform, announced Thursday that it raised $5.7 million in funding to expand its catalog of phone-first interactive games created using generative AI tools.... Read more »

Runway, a startup building generative AI for content creators, raises $141M

It’s a big day for generative AI funding. On the heels of Inflection AI landing a $1.3 billion investment, Runway, a startup building generative AI tools for multimedia content... Read more »

Signal talks privacy, encryption, AI and more at TechCrunch Disrupt 2023’s Security Stage

In our tech-driven world, the right to privacy — once the cornerstone of democracy — is disappearing at an alarming rate. But not everyone is keen on having Big... Read more »

Big tech corporate venture capital 🤝 generative AI startups

As the race to build generative AI tools for the enterprise devolves into a battle royale, big tech companies are busy wielding their most powerful weapons: checkbooks. The Exchange... Read more »

Millions affected by MOVEit mass-hacks as list of casualties continues to grow

Hackers have compromised the personal data of more than 15 million individuals by exploiting a security vulnerability in the MOVEit file transfer tool, as the number of victim organizations continues... Read more »

Meituan buys founder’s months-old ‘OpenAI for China’ for $234M

One of China’s most highly anticipated artificial intelligence startups is undergoing a significant change of direction. Light Year, which was founded merely four months ago by Wang Huiwen, a... Read more »
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