Federal prosecutors have seized $150 million in assets associated with FTX cryptocurrency exchange co-founder Sam Bankman-Fried, a new court document reveals. This makes for a combined nearly $700 million in stocks, cash and other assets locked down by the feds in relation to the case. In early January, feds made an initial asset seizure of
Month: January 2023
Area 120, the Google in-house incubator responsible for products such as Checks, Tables, Stack and ThreadBite, has been significantly affected by broader layoffs at Google parent company Alphabet. A spokesperson tells TechCrunch via email that the majority of the Area 120 team has been “winded down,” and that only three projects from the division will
ChatGPT, the high-profile AI chatbot from OpenAI, is such a serious threat to Google’s core business that the company’s co-founders are reengaged with the search giant, The New York Times reported Friday. Startup OpenAI debuted ChatGPT in November, and within a few days more than a million people had begun prompting it with an enormous
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Happy Friday! Join us in wishing Lorenzo a very warm welcome to the team! He’s joining our crack team of cybersecurity reporters, working alongside Zack and Carly. He just published his first
This week, all at once, a perfect storm of deals, discounts, and sales has hit the Nintendo Switch eShop. Batten down the hatches, open up your wallets, and check out some of these limited-time deals, including massive savings on numerous Lego titles, Mortal Kombat games, and hits from Capcom, Ubisoft, and Bandai Namco. CC Off
People can never land on a word to explain what is happening to women and minorities within venture. Are such founders overlooked or undersought? Underestimated and underrepresented? Marginalized? Discriminated against? Or just ignored? The excuses used to justify these sobriquets are equally scattered. Women received just 1.9% of all venture capital funds last year because
A few hours ago, Xbox CEO Phil Spencer sent out a company-wide email to all full-time employees under Microsoft’s gaming divisions. A copy of the email was shared with Kotaku by a current Xbox employee, we have confirmed its authenticity, and the full text has been transcribed below: This has been a difficult week across
Thoma Bravo, the private equity and growth capital firm, today announced that it would spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics, a Waterloo-based company making software used by defense forces and businesses to investigate cybersecurity threats. Magnet Forensics will be purchased by a newly created corporation controlled by Thoma Bravo, Morpheus Purchaser
Pedro Pascal is playing the emotionally unavailable smuggler-turned-surrogate-dad Joel Miller in HBO’s The Last of Us series, and after years of playing father figures, it seems like the actor is ready to really lean into being a daddy as part of his brand. CC Off English Pascal, who recently made an appearance at the premiere
We’re only one episode deep into HBO’s live-action adaptation of The Last of Us and fans think they’ve discovered the actor who’ll play Abby. CC Off English In a recent tweet, The Last of Us News, a community-run TLoU fan account, uploaded a screenshot of the game creator, Neil Druckmann, following actor Shannon Berry on
Though investment in food technology has slowed in line with the rest of the venture capital world, the industry recently achieved some milestones that suggest the sector and the government are moving into alignment. In fact, some investors feel that 2023 will be the year when alternative seafood companies and products make notable strides. More
In an industry obsessed with making everything huge (at least here in the U.S.), you may not’ve expected GM to show interest in an electric baby pickup, but here we are. GM is considering a pickup design that’s “smaller than the Ford Maverick and the Hyundai Santa Cruz,” with a “low roofline” and a 4
Critically-acclaimed base-building hit Factorio is an odd duck. Since its 2016 Steam release, the game has never gone on sale. And now, the developer behind Factorio is changing the price of its popular game, but it ain’t getting a discount. Instead, the price is jumping up $5 next week. The devs blamed inflation for the
First came the much-requested changes to loadout drops, now Warzone 2.0 is messing with the gulag. With season two’s arrival on February 15, the gulag will no longer make players team up in pairs of two after suffering defeat on the battle royale map. Instead, as in the original Warzone, it will now focus on
Even as VC funding dries up across the world, development finance institutions (DFIs) from Europe are looking to African startups to deploy their dry powder. British International Investment (BII), a DFI from the UK, told TechCrunch recently that it will deploy $500 million into startups by the end of 2026, and half of that amount
Now is the time to start looking for Comet C/2022 E3 (ZTF) in clear, dark, moonless night skies as it prepares to pass by Earth. The Zwicky Transient Facility, aka ZTF, in Southern California discovered the dramatic object in March. It’d been speeding in the direction of the sun up until Jan. 12 when it reached perihelion,
/ Your phone may have a built-in feature that makes the process extremely easy. Image: Samar Haddad; Allison Johnson / The Verge If you have a guest over to your house for any amount of time, there’s a fair chance they’ll ask you for the Wi-Fi password, which may begin a dreaded dance of you
/ The New York Times reports Google founders Larry Page and Sergey Brin have discussed its response to ChatGPT, with plans to launch over 20 AI products this year, including a demo of its own search chatbot. Illustration: The Verge The recent launch of OpenAI’s AI chatbot ChatGPT has raised alarms within Google, according to
Who among us is willing to leave the house in the dead of winter? If you can, I applaud you. But for many of us who live closer to the Arctic Circle than the Tropic of Cancer, late fall to early spring is designated the “indoor part of the year.” Not only is it dark
/ Google CEO Sundar Pichai announced the news in an email to staff, saying the company needed to focus on key priorities — like artificial intelligence. Photo by Beata Zawrzel/NurPhoto via Getty Images Google is cutting approximately 12,000 jobs — the latest technology firm to initiate significant layoffs as inflation rises and global markets brace
Swiggy plans to lay off 380 jobs and shut down its meat marketplace as the Prosus Venture and SoftBank-backed Indian food delivery giant looks to navigate the market downturn that has forced firms to become leaner and more disciplined. In an email to employees on Friday, Swiggy co-founder and chief executive Sriharsha Majety said the
If you’re holding onto a laptop that’s on its last legs and you know it’s time to get a new one, now is a great time to do so. Lenovo is extending its holiday deals with deep discounts on many of its laptops and two-in-one convertibles, including some that are less than half-price right now.
While Battlefield 2042 is getting better with each update (or at least closer to the game it could and should have been at launch), there’s one thing that has annoyed a lot of long-time players ever since its release and continues to do so: Specialists, a bunch of “hero” characters designed to replace the old
You may remember that one of the funniest stories of 2022 was the way that players of War Thunder—an arcadey online shooter featuring real military vehicles—just kept on posting military documents in the game’s forums. Not as acts of espionage, but to win arguments about specs. CC Off English I am incredibly happy to report,
CNET Wellness believes that you can be healthy at any size. We also acknowledge that health and body image are complex, personal matters and that some readers have weight loss goals. This article provides advice on that topic. Learn more about fatphobia here. If you’re struggling with an eating disorder, call or text the National Eating
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Thursday! This week has just flown by, and we’re still reeling from the excitement that a company is leaning into compliments. Compliments? In this day and age? Is there actually hope for
Artificial Intelligence Fake bylines. Content farming. Affiliate fees. What happens when private equity takes over a storied news site and milks it for clicks? Share this story Every morning around 9AM ET, CNET publishes two stories listing the day’s mortgage rates and refinance rates. The story templates are the same every day. Affiliate links for
The clock is ticking for Uber to electrify its fleet, and the rideshare company wants automakers to help by designing cheaper electric vehicles for its drivers. Lawmakers are setting deadlines for rideshare companies to ditch fossil fuels (California‘s Air Resources Board among them), and Uber has its own electrification deadlines, which range from 2025 to
/ Android users will have to pay the same $3 premium as those using iOS. Twitter Blue is currently only available to users in the US, UK, Canada, Australia, New Zealand, and Japan, regardless of what system you use to subscribe.Illustration by Alex Castro / The Verge Twitter has rolled out Twitter Blue to Android
Amazon will shut down charity donation program AmazonSmile next month as it looks for ways to cuts costs, the company said Wednesday. It was launched in 2013. The program doled out a percentage of shoppers’ purchases to eligible charities, donating more than $377 million globally since its inception, the e-commerce giant noted. The company intends to close
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