Author: TechBrunch
Everyone has heard of a minimum viable product (MVP). This is an early version of a future startup product, containing only what is needed to provide value. The hard part is deciding what to organize. teeth Things that are necessary and irrelevant for an MVP. Building too much can result in delays to market, limited learning, and wasted development cycles. If you build too little, you may end up going to market without enough of a product to really engage with potential customers.get it just The rights are difficult to obtain, but probably very lucrative. That's why we're excited to…
Elon Musk accused OpenAI and its co-founders of ChatGPT of violating their original contractual agreement by pursuing profit rather than the nonprofit's founding mission of developing AI to benefit humanity. Sam Altman and Greg Brockman, and their related organizations. Musk, a co-founder and early backer of OpenAI, convinced Altman and Brockman to help found and fund the startup in 2015 to counter competitive threats from Google. It claims to have promised to become a nonprofit organization focused on. The lawsuit, filed late Thursday in a San Francisco court, alleges that OpenAI, the world's most valuable AI startup, is focused on…
Meta plans to remove Facebook's News tab in the U.S. and Australia, seeking to distance itself from the regulatory and payment complexities associated with news media. The company announced today that this product will be discontinued in April 2024. Last year, Meta stopped offering Facebook News in the UK, Germany and France, saying it wanted to allocate resources to “our products and services that people value most.” The tone of this presentation is similar. The social media company announced that the number of people using Facebook News in Australia and the US fell by 80% last year. “This is part…
Google has warned that it will start removing Indian apps from the Play Store if developers don't follow its billing policies, taking a decisive step towards a three-year-old problem in India, its largest user market. Ta. Google said 10 companies in the country, including “many well-known” companies it did not disclose, were avoiding paying fees despite benefiting from the platform. The Android maker, owned by Alphabet Inc., said it objected to a small group of developers in India that had spent more than three years preparing to comply with Play Store payment policies. Google says these companies will continue to…
Intuitive Machines' first lunar lander There was an official power outage today. After spending 7 days on the moon. The lander was the first American hardware to reach the moon's surface since 1972 and made history as the first privately built spacecraft to land on the moon. But this lander, called Odysseus, will be remembered for another reason: its propulsion system. Its propulsion system, which uses a combination of cryogenic liquid oxygen and liquid methane, could unlock new capabilities in space and reduce risk for future missions by other commercial providers. Prior to Intuitive Machines' IM-1 mission, no lander existed…
A tech company that routes millions of SMS text messages around the world leaked a public database of one-time security codes that could have given users access to their Facebook, Google and TikTok accounts. has been secured. YX International, an Asian technology and internet company, manufactures mobile phone networking equipment and provides SMS text message routing services. SMS Routing helps users get time-critical text messages, such as receiving SMS security codes or links to log into online services, to the right destination across different regional cell networks and providers. YX International claims to send 5 million SMS text messages every…
After a decade, it's no surprise that home lifestyle brand Parachute is still standing as the D2C boom comes to an end. Founded in 2012 by Ariel Kay, Parachute has built a loyal customer base with its high-quality bedding, towels, and robes. The company has now expanded into various categories, including furniture and baby products, and has opened 26 retail stores around the world. Naturally, TechCrunch wanted to know what it's been like managing the DTC boom of the past few years, so we asked Kay to appear on our podcast Found to talk about it. When she first started…
In recent years, Nvidia, by far the largest AI chip maker, has ramped up its investment in startups that push the company deeper into the AI space. Nvidia's startup investments will increase 280% year over year from 2022 to 2023, and the company and its VC arm, Nvidia Ventures, made about 46 deals last year, according to S&P Global and funding and investment database Crunchbase. participated in. That's not all. His Nvidia's main rivals in the AI chip space, AMD, Arm, and Intel, are also actively investing in startups, looking to establish themselves in the market, including in particular the…
Reddit filed for an S-1 last week and plans to take the bold step of becoming its first venture-backed public offering in 2024. If successful, Reddit has the power to open the IPO window for other late-stage startups anxiously waiting in the market. Wings. But to have any chance of triggering a withdrawal trend, one thing needs to be right. That's the valuation. Investors who buy in an IPO want their investment to rise, and Reddit needs to price in a sweet spot where the stock is not undervalued and has room to rise. If Reddit's price is too high…
Mac and iOS software developer MacPaw has become one of the first companies in the EU to publicly adopt Apple's new DMA (Digital Markets Act) rules, making Setapp, a subscription-based platform for select apps, available on iOS. and to Apple customers on Mac. region. The move is notable given that Apple has faced backlash in the past regarding its compliance with new EU regulations. A number of companies, including Spotify, Fortnite maker Epic Games, Microsoft, Mozilla, Proton, and others, announced Apple's new system in “bad faith,” calling it “extortion” and “malicious compliance.” At issue is how Apple plans to impose…