Friday, May 19, 2023

Apple restricts employee use of AI tools to protect its trade secrets

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By Christine Hall

Friday, May 19, 2023

To get a roundup of TechCrunch's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.

Take a bite out of Apple, get ready to be stunned by this accelerator and know that restaurant tech is still hot as I deliver your Daily Crunch for Friday. — Christine

There was quite a bit of Apple news today, so let's start there. The top story was that Apple released iOS 16.5 with the sports fan in mind. And the company unveiled it's multiview feature for Apple TV. Meanwhile, we're still trying to figure out all of this generative AI stuff. Apparently, Apple is, too, and it's also on the lookout for people to help with that. Read more.

B2B e-commerce startups enjoyed a nice run over the past few years, though recently, not so much. Read how Africa-based Sabi was able to buck this trend and come out with a quite healthy valuation.

As promised from the intro, Newchip made some big claims about its accelerator program. Employees and customers now say Newchip didn't deliver. Find out what happened.

Meanwhile, Restaurant365 will be serving up an expanded menu of software for restaurants following a new round of funding. You'll want to check out the valuation that came with it.

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Image Credits: Carol Yepes / Getty Images

This week, neuroscientist, founder and author Gary Marcus testified in front of the Senate Judiciary Committee, along with OpenAI CEO Sam Altman and IBM's chief privacy trust officer Christina Montgomery. Read what happened.

Disney is reportedly fulfilling its promise of giving ESPN its own streaming service. Read more.

NASA has tapped a SpaceX competitor to build a second human landing system on the moon. Learn who it is and what the company will be doing.

Google prevailed in a U.K. court this week after a class-action style privacy lawsuit alleging health data misuse related to Google DeepMind. Get the scoop.

If LEGOs are your thing, check out these Boston Dynamics promo LEGO kits.

Oh, and if you have your eye on the Nuwa Pen, you might want to check out this review first.

Here are a few others you don't want to miss:

India okays 3-month trial of Krafton’s PUBG-inspired BGMI, a year after second ban

Big sauce wants your condiment data

Bird stock dips 11% on news of reverse stock split

Cruise, Waymo near approval to charge for 24/7 robotaxis in San Francisco

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Image Credits: Jack Gruber / USA TODAY

The new rules of venture debt are already being written

Initially, venture debt was a way for new companies to acquire essential hardware before they had enough revenue to write checks for desks, chairs and copying machines.

Today, early-stage startups use it to gain liquidity, borrowing against their next funding round or future earnings, but after the failures of First Republic and Silicon Valley Bank, Rebecca Szkutak interviewed several investors who all “agreed that it would get more expensive in the future.”

Three more from the team:

From seed to Series A in 7 months: Why and how Odyssey Energy Solutions moved quickly.

Despite messy IPOs, there's good reason to be optimistic about insurtech startups.

What you should know about internal developer portals

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

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The new rules of venture debt are already being written image

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Calling all early-stage startups! Apply to join the Startup Battlefield 200 cohort at TechCrunch Disrupt 2023. All finalists get expert training, VC networking, a booth at Disrupt, and the chance to compete for $100,000 in equity-free funds. Applications close May 31.

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Thursday, May 18, 2023

OpenAI releases iOS ChatGPT app, says Android version is coming 'soon'

TechCrunch Newsletter
TechCrunch logo
The Daily Crunch logo

By Christine Hall

Thursday, May 18, 2023

To get a roundup of TechCrunch's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.

Hello, today we bring you news on OpenAI's new app, cookies (not the kind you eat, unfortunately) and Premom sharing data without consent. This is your Daily Crunch for Thursday. — Christine

Today's top story is the announcement of OpenAI's ChatGPT app for iOS. The good parts? It's free, there are no ads and it will allow for voice input. Learn more about the app.

Google is ready to do some heavy lifting in the online advertising industry. It is poised to have its Privacy Sandbox replace third-party cookies early next year. Find out more about what this means.

Now, move over, Apple — Step is taking the crown for having the highest rate on a savings account. Get the scoop on how to get your hands on this account.

Food delivery is a tough business, making it difficult to reach profitability. However, India-based Swiggy is the latest to be able to make that claim. Learn how they reached this milestone.

Ever see a walking humanoid robot? Well, you can say you have today. Watch Figure's robot do more than walk.

There were a few things going on in venture capital today: SoftBank has a new fund that will invest $150 million in Black and Latino-led startups, while Ireland's Elkstone closes its first fund with $108 million to invest in early-stage startups.

Climate risk startup Mitiga gets $14.4M to help businesses face an uncertain future

Pale Blue Dot backs Amini, an African climate tech startup solving environmental data scarcity

Night sweats to climate tech: Kelvin eyes heat pumps and nabs $30M

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Image Credits: Pavlo Gonchar/SOPA Images/LightRocket / Getty Images

Big Tech Inc.

A new Federal Trade Commission complaint alleges that Premom, a fertility tracking app developed by Easy Healthcare, shared users' sensitive health information with third-party advertisers without their consent. Find out more on who was impacted.

It's been a hot minute since we last discussed e-commerce aggregator Thrasio. It seems the company cut its stake in Lifelong Online, an Indian house of brands. Read more about how this came about.

Meta is making some big bets on artificial intelligence and also now has a code-generating AI model to rival Copilot.

Meanwhile, Apple's retail stores are hiring more people of color, but learn why unions still have an issue with their employment practice. Also, it's official: Apple TV launched its multiview feature for sports fans. Get the scoop.

YouTube is bringing 30-second unskippable ads to TVs

1Password's new service lets businesses quickly adopt passkeys

Micron to invest $3.6B in Japan for next-gen memory chips

Ask Sophie: Which visas are best for US startup accelerators?

Dear Sophie,

I co-founded a startup last year, and my co-founder and I were just accepted to an accelerator program in the United States!

What type of visa can we get to come to the U.S. that allows us to stay there so we can grow our startup after the accelerator ends?

— Jazzed in Johannesburg

Three more by the team:

Alibaba's cloud spin-off may serve as a good yardstick to value other major players

Coinbase launches subscription service with focus on European expansion

Pitch Deck Teardown: Ageras' $36M Private Equity deck

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

Read More

Ask Sophie: Which visas are best for US startup accelerators? image

Image Credits: Bryce Durbin/TechCrunch

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard

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Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

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