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Crypto exchange Binance expects to pay penalties to settle US investigations

Binance, the world’s largest crypto exchange, expects to pay monetary penalties to settle probes into its business in the U.S., a top executive said, in a major about-face after publicly disputi

Twitter allows cannabis ads in states where it’s legal

Twitter is allowing cannabis ads to run on its platform in U.S. states where cannabis is legal and in Canada, according to the company’s blog and Axios. Twitter updated its ad policy Wednesday,

SEC’s proposal could affect which crypto companies can manage assets

The SEC proposed a new rule that may back crypto companies further into a corner as regulators continue to crack down on the space.

Bing around and find out

Microsoft’s new and improved Bing, powered by a custom version of OpenAI’s ChatGPT, has experienced a dizzyingly quick reversal: from “next big thing” to “brand-sinking a

Daily Crunch: Generative AI search engine startup You.com adds multimodal chat

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

When fundraising, anchor your company with the ‘why now?’ slide

Founders often ignore an important question: Why now? Here's how to prove to investors now's the right time and you're the right startup.

Roku soars past revenue expectations as it bets on streaming devices to boost growth

Over a month after Roku announced its first Roku-branded TVs, which will launch in the U.S. in spring 2023, the hardware company reported its quarterly earnings this afternoon, which showed Roku beat

Is the ‘exodus’ over? Here’s how Twitter alternatives have fared since Elon Musk’s acquisition

Was there a Twitter exodus or just a Twitter pause? Did it even matter? New data takes a look at how a range of “Twitter alternatives” have fared in the months following Elon Musk’s

Silicon Valley goes to war

At Andreessen Horowitz’s recent American Dynamism summit, Hadrian founder and CEO Chris Power painted a picture of the country in peril. “I’m here to talk to you about an existential risk to the

Apkudo, a platform for managing connected devices, raises $37.5M

Apkudo, a Baltimore-based startup developing a platform to help manage, sell and test connected devices like smartphones and laptops, today announced that it raised $37.5 million in a Series C funding

Dear Sophie: Do I qualify for an E-1 trader visa?

I'm from New Zealand and have a B2B SaaS company with many clients in the U.S. We don't currently have a U.S. office, but we pay our taxes there. Do I qualify for an E-1 trader visa?

a16z, GV back Thatch in its effort to simplify health benefits for startups and their employees

When you’re dealing with health issues, worrying about how you’re going to pay for care can be a major additional stressor. This can be compounded when you’re facing major illnesses, such as rec

Intuitive Machines’ post-SPAC war chest depleted by shareholder redemptions

Lunar technology company Intuitive Machines received far less cash from its merger with a special purpose acquisition company (SPAC) than it forecasted, according to filings with the U.S. Securities a

Funga wants to accelerate carbon capture using belowground fungal biodiversity

Funga claims to be the first nature-based carbon removal to be powered by belowground biodiversity restoration. The company just raised a $4 million round. The company was founded by ecologist and cli

In a boost for the ‘metaverse,’ Roblox stock pops 25% after strong Q4 earnings

It looks like the metaverse is doing okay. No, not the one Meta is trying to make happen in VR — the gaming platform Roblox is where the kids are still spending their money, apparently. After re

Instacart’s new features give shoppers more ways to earn on their own schedules

Instacart is introducing two new features that are designed to give shoppers on its platform more opportunities to earn. The company is launching “queued batches,” which gives shoppers the

Free Agency CEO seems to care more about control than the company, former employees say

According to former employees of human resources startup Free Agency, CEO Sherveen Mashayekhi’s leadership style is holding the startup back as he seems to care more about demanding loyalty and

Ransomware gang uses new zero-day to steal data on 1 million patients

A prolific ransomware operation is back with old tricks — and new victims. Community Health Systems (CHS), one of the largest healthcare providers in the United States with close to 80 hospitals in

Tesla agrees to double supercharger network, open to all EVs under Biden’s $7.5B charging plan

Companies hoping to dip into the coffers of the Biden administration’s $7.5 billion EV charging initiative will have to meet a new set of requirements that even Tesla has agreed to. The Biden ad

Snap introduces ray tracing technology for its AR lenses to enhance realism

Snap has introduced ray tracing technology to its AR Lens Studio for developers around the world, the company announced on Wednesday. Ray tracing is a technical capability that allows for realistic re
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