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Facebook’s top crypto executive David Marcus is leaving the company

Facebook parent company Meta is losing its top crypto executive later this year. David Marcus who leads crypto unit Novi and previously helmed the company’s Messenger unit, announced Tuesday tha

AWS gets a no-code ML service

AWS today announced a new machine learning service, Amazon SageMaker Canvas. Unlike its existing machine learning services, the target audience here isn’t highly technical data scientists and en

AWS’s analytics services go serverless

At its re:Invent conference, AWS today announced that four of its cloud-based analytics services, Amazon Redshift, Amazon EMR, Amazon MSK and Amazon Kinesis, are now available as serverless and on-dem

AWS introduces new Trn1 chips to speed up training of machine learning models

As more companies move to custom silicon for their customer’s workloads, Amazon has been busy on this front. They introduced the Inferentia chip in 2019 to help speed up inference learning. Then

Amazon launches preview of new ‘AWS Private 5G’ managed service

At Amazon’s AWS re:Invent conference this morning, the company announced the preview of “AWS Private 5G,” which is a new service that aims to make it easy to deploy and manage your own p

Massive wants to rent your spare compute power to pay for apps

Startups are often questions: What if we did things in a new way, instead of the way we have been? Massive is a good example of the genre: What if users could pay for apps or services not with money o

AWS introduces a solution to get customers off their mainframes more quickly

At Amazon’s AWS re:Invent conference this morning, the company announced a new platform for mainframe migration and modernization called simply “AWS Mainframe Modernization,” which a

AWS launches its Graviton 3 processor

At its annual re:Invent conference, AWS today announced the newest generation of its Arm-based Graviton processors: the Graviton 3. The company promises that the new chip will be 25 percent faster tha

Formula E says third-gen vehicle will be the world’s most efficient race car

Formula E has announced what it claims is the planet's most efficient race car. Teams will use the third-generation (Gen3) electric car in the 2022-23 season and can start testing it in the spring.

Stellantis, Mercedes-Benz invest in solid-state battery developer Factorial Energy

Factorial Energy, a startup working on solid-state batteries for electric vehicles, has added two more major automakers to its investor sheet: Mercedes-Benz and Stellantis, both of which plan to co-de

HashiCorp’s IPO will place it among the most richly valued open source tech companies

You can argue that HashiCorp deserves its 44x revenue run rate multiple, if you'd like. It wouldn't be impossible to make an argument that it's a bit rich, but this is 2021 and no one is doing that.

Get your pass to TC Sessions: Space now and save up to $100

What does it take to venture into outer space? A bold vison, nerves of steel and a giant cash payload for starters. Early-stage space startups can’t afford to waste any amount of money, which brings

Brazilian workspace-on-demand marketplace BeerOrCoffee snags $10M

BeerOrCoffee, a São Paulo-based flexible office marketplace, has raised $10 million in a Series A round led by Kaszek. Valor Capital Group also participated in the round, which brings BeerOrCoffee’

Europe’s AI Act falls far short on protecting fundamental rights, civil society groups warn

Civil society has been poring over the detail of the European Commission’s proposal for a risk-based framework for regulating applications of artificial intelligence which was proposed by the EU

Cyber Week online spending down 1.4% to $33.9 billion as U.S. consumers shopped earlier this year

Consumer awareness of supply chain shortages and even earlier deals may have contributed to a slight decline in U.S. e-commerce sales during Cyber Week — the kickoff to the holiday shopping seas

Is Nubank’s lower IPO pricing bad news for Brazilian startups?

What’s going on with an IPO that was expected to be a key moment for Brazilian tech companies in particular, and fintech upstarts more broadly?

New AWS Marketplace option lets you launch containerized apps on prem or in cloud

As containers proliferate, developers are using them to deliver software, and depending on the environment, on prem or in the cloud, that can present a set of challenges for your users when it comes t

Fundbox, a fintech focused on SMBs, raises $100M at a $1.1B valuation

Fundbox, a company that offers loans and financial products to small businesses, announced today it has raised $100 million in a Series D round at a valuation of $1.1 billion. Or more simply, the comp

AWS targets the energy industry with launch of the AWS Energy Competency Program

Amazon today announced a new program that will formally identify AWS Partners who develop specialized solutions aimed at the energy industry. The new AWS Energy Competency Program, as it’s calle

Twitter expands safety policy, bans posting images of people without their consent

Twitter updated its private information safety policy this morning to ban sharing images or videos of private individuals without their consent. The platform already banned users from sharing others&#
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