The Latest

SoftBank is backing Japanese robotics startup Telexistence, making good on the tech giant’s recent pledge to go back on the investment offensive in light of the current AI hype. Tokyo-based Telexistence…

SoftBank backs Japanese robotics startup Telexistence in $170M funding round

Existing Spotify subscribers who have been paying for the service through Apple’s App Store can no longer pay using this method. The users paying through that mechanism will be moved…

Spotify is removing App Store payment option for legacy subscribers

New offerings include an on-demand pay solution where users can withdraw funds immediately for the money they’ve earned, but not yet received, and a lending program for employers.

Thrive Capital doubles down on Clair, a fintech helping frontline workers get paid instantly

Threads, Meta’s Twitter rival, is drawing users at an astounding pace, amassing 10 million sign-ups in just seven hours, according to co-founder and chief executive Mark Zuckerberg. But the highly…

Threads profile can only be deleted by deleting Instagram account, Meta says

Is there anything I should know about the J-1, particularly if I later decide to stay in the U.S. once the J-1 program ends?

Ask Sophie: What do I need to know about getting a J-1 exchange visa?

It was only a question of time, I suppose, before someone made a generative AI that can whisper sweet, sweet obscenities at you. Lovense — perhaps best known for its…

This sex toy company uses ChatGPT to whisper sweet, customizable fantasies at you

Samsung announced today that it is holding its next Galaxy Unpacked event on July 26, where the company will likely unveil the Galaxy Fold 5 and the Galaxy Flip 5…

Samsung is holding its next Unpacked on July 26 to unveil new foldables

When it first appeared on the scene around 10 years ago, Notion Capital was poised to take advantage of the oft-repeated phrase, “Software is eating the world.” In particular, it…

Notion hits €300M for its fifth fund but is unimpressed by big rounds into generative AI startups

Featured Article

India’s electric two-wheeler sales hit a speed bump

In India’s bustling streets, where two-wheelers are seen as the primary mode of transportation, a powerful shift toward electrification is happening. Fossil fuels still dominate the South Asian nation’s automotive industry, but a shift toward EVs — particularly in the two-wheeler category — is underway. More than 1.3 million electric two-wheelers have been sold to…

8:10 pm PDT • July 5, 2023
India’s electric two-wheeler sales hit a speed bump

Update July 6, 8AM PT: Zuckerberg noted that Threads crossed the milestone of 30 million sign-ups the morning after its launch. Previously, he said that 10 million people signed up…

Threads passes 30M sign-ups in less than 24 hours

Where we’ll be next

Brinc, the Hong Kong–based accelerator backed by investors like Animoca Brands, is launching a new program for fledgling climate tech startups. The three-month program is tailored for founders who are…

Brinc launches new program for climate tech startups

As Meta sets its sight on introducing its virtual reality headsets to the Chinese market, Mark Zuckerberg’s contentious remarks about Beijing in the past may pose a major obstacle to…

Mark Zuckerberg’s remarks on China cast shadow over Meta’s VR quest

Meta is taking on Twitter with a new app. Instagram today announced the anticipated launch of its text-based social networking app, Threads, which allows Instagram users to authenticate with their…

Threads, Meta’s Twitter competitor, is now live

Hours before Meta launches its anticipated Instagram competitor, Threads, another Twitter rival — Bluesky — is announcing additional funding and its first paid service. In a blog post on Wednesday,…

Bluesky announces its $8M seed round and first paid service, custom domains

Fiat is gradually trickling out new details on its upcoming Topolino EV, and it turns out the teeny-tiny quadricycle will do some trickling of its own. Designed for short trips…

Fiat says its cutest EV will tote accessories like, I kid you not, a ‘little shower’

Featured Article

Crypto funding drops for fifth straight quarter as investors continue to pull back

Capital flowing into the industry dropped for the fifth consecutive quarter since Q1 2022 to $2.34 billion globally.

12:39 pm PDT • July 5, 2023
Crypto funding drops for fifth straight quarter as investors continue to pull back

OpenAI is forming a new team led by Ilya Sutskever, its chief scientist and one of the company’s co-founders, to develop ways to steer and control “superintelligent” AI systems. In…

OpenAI is forming a new team to bring ‘superintelligent’ AI under control

Astra is carving out its spacecraft engine business as a wholly owned subsidiary, a corporate restructuring that will provide greater flexibility in hiring and financing, according to documents viewed by…

Astra establishes subsidiary for spacecraft engine business

Update 2: 10 days later, the 5th Circuit Court of Appeals has paused the injunction pending oral arguments in that jurisdiction. Update: Bizarrely, there are actually two cases before this…

Judge silences White House social media talks in lawsuit that departs from reality

Gfycat, the Snap-owned GIF-hosting platform, announced that it’s shutting down on September 1, pulling its full archive of GIFs offline. Users have two months to save content before it leaves…

Gfycat, the Snap-owned GIF hub, shuts down on September 1