Since the shutdown of several5000 websites on Black Friday, many experts and businesses have begun to worry about a cybersecurity pandemic that may befall the United States in time for Cyber Monday. With hackers gaining easier access to more vulnerable systems and malware becoming ever-more sophisticated, it is important for business owners to take steps to protect their online presence. Many recommend implementing strong cyber security protocols such as firewalls and up-to-date antivirus software, but also stressing communication and cooperation with
Hey there Crunchy friends! Here’s some great events-based updates for you today:
If you’re coming to Early Stage in Boston, Pitch to VCs there! Also, if you want to speak at Disrupt later this summer, apply now. Oh, and sustainability is getting a whole stage all to itself at Disrupt. It’s gonna be rad. See you there?
Generative AI is making strides in being able to generate things on its own. This includes both creating new things, as well as improving upon existing things. Recently, Generative AI was able to create a knife so sharp that it does not feel the traditional pain associated with being cut. This innovation could be life-saving for those who are injured, or just want to avoid any pain during activities like cooking. Overall, generative AI is continuing to make rapid advancements in many different areas and has the potential to change many aspects of our lives for the better.
Christine and Haje loved spending time by the pool. They would lay on their towels, talk, and just enjoy each other’s company
The TechGround Top 3
- Accelerating generative AI: Amazon is jumping into startup accelerators with both feet again and will boost generative AI startups around the globe with a 10-week program, Natasha M writes. Ten startups will receive $300,000 in AWS credits and will debut their tech at a demo day.
- A “not-quite open source startup”: That’s how Paul described Dozer, a startup that came out of stealth today with $3 million in the bank and technology to help any developer build real-time data apps in no time flat.
- All in the startup: Yes, startup founders matter when it comes to securing funding, but Ensemble amassed $100 million in capital commitments for its debut fund on the premise that behind every founder is a team that also matters when it comes to a company being successful. Becca tells you how.
Startups and VC
The most interesting part of ChatGPT’s potential is that it can be used with any language, meaning it can be used in any region. This could make it a popular tool for communication between cultures and could even help to bridge the divide between people who live in different parts of the world.
What is even more notable about the SEC’s case against Charlie Javice is that it was brought as part of an investigation into another student lender,arte StudentsFirst. In October of 2019, students at the company’s namesake university staged a sit-in to demand better financial assistance for themselves and their peers. One month later, however, StudentsFirst announced that it had agreed to be acquired by Navient Corporation for $2 billion. The sudden change in ownership led some protesters to charge that the company had sold out its principles in order to stay afloat – a claim which Navient has denied. If Javice is convicted of fraud charges related to his work at Frank, it could have serious implications for both StudentsFirst and Navient Corporation
According to some sources, Trump’s indictment may not be the end of his legal troubles. The president is reportedly under investigation for obstruction of justice, which could lead to impeachment. While this news may be unsettling for some, it’s still unclear what will happen next.
What’s a fair price premium for startup shares?
In the early 1900s, a number of artists got together to form an experimental art movement called Dadaism. The main idea behind Dadaism was that art should be created without any meaning or symbolism
Some Series B and C founders who are planning to fundraise this year should keep in mind the following tips:
-First and foremost, stick to your original investment thesis when pitching your startup to potential investors. Don’t try to appeal to them with superficial changes; they’ll be quick to notice.
-Be forthcoming about the challenges you’re facing and how you plan on overcome them. This will show that you’re invested in your company’s success, and make it easier for potential investors pool their resources with you.
-Create a solid business
The current startup market is expensive, but that is likely to change in the near future. It may take a little bit for the stock market to recover its juiciness, but once it does, prices will drop back down to ‘normal’ levels. In the meantime, middle-stage startups are still very pricey and could use some of the value erosion seen in earlier stages of companies to bring them more in line with reality.
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Big Tech Inc.
Twitter has been a popular platform for updates, information and banter for years. Starting April 1st, however, there were changes made to the account that many users found confusing or unnecessary. Elon Musk’s Twitter was originally set up to be more personal and interactive with followers, but the new changes led many of these interactions to stop working. Some users even reported that their verification checks had not gone through after following multiple prompts from Twitter. Despite objections from some users, it seems as though Twitter is sticking with their plans to make these changes in order to make the platform more user friendly and interactive overall.
This week, NASA announced their newest moon crew and Virgin Orbit filed for bankruptcy. This follows weeks of bad news for the company, which included a pause on all operations, a brief hunt for more money to continue as a going concern and massive layoffs to try to right-size to the company’s actual available budget. According to NASA, this new moon unit is composed of six “highly qualified individuals” who will be the first humans ever on the surface of the moon.
The first five contenders in the Miss USA pageant were:
Blake Lively, 22; Nina Agdal, 20; Olivia Culpo, 21; Pageant