New York’s state legislature has passed a bill that would prohibit social media companies from showing so-called “addictive feeds” to children under 18, unless they obtain parental consent.
The Stop Addictive Feeds Exploitation (SAFE) for Kids Act defines an addictive feed as one where the content is recommended or prioritized based on information about the user or the user’s device — basically, these are the algorithmic news feeds used by most social apps.
“Non-addictive feeds,” a category that includes “feeds listed in chronological order,” would still be allowed.
“New York is leading the nation to protect our kids from addictive social media feeds and shield their personal data from predatory companies,” Governor Hochul said.
It would also prohibit platforms from sending notifications related to these feeds between the ages of midnight and 6am without parental consent.
Cloud-based education software vendor PowerSchool is being taken private by investment firm Bain Capital in a $5.6 billion deal.
The announcement comes amid a swathe of take-private deals led by private equity firms seeking a bargain on under-performing enterprise software firms.
Founded in 1997, PowerSchool is a web-based platform that helps educational institutions manage areas of their operations such as enrollment, grades, attendance, and communication with parents and students.
The company went public on the New York Stock Exchange (NYSE) in 2021, after previously been acquired by private equity firms Onex and Vista.
Google has terminated the employment of 28 employees following a prolonged sit-in protest at the company’s Sunnyvale and New York offices.
The protests were in response to Project Nimbus, a $1.2 billion cloud computing contract inked by Google and Amazon with the Israeli government and its military three years ago.
So many workers don’t know that Google has this contract with the IOF [Israel Offensive Forces].
Those of us sitting in Thomas Kurian’s office repeatedly requested to speak with the Google Cloud CEO, but our requests were denied.
Hundreds and thousands of Google workers have joined No Tech for Apartheid’s call for the company to Drop Project Nimbus.
The lowly lamppost might be a better option: they’re everywhere, and they have all the wiring needed to make curbside charging seamless.
One startup from New York City, Voltpost, has been working on a product that retrofits existing street lampposts to enable EV charging.
On Thursday, it introduced its lamppost charger after a year of design and development.
Voltpost’s charger docks at hand-level on the lamppost shroud, and the retractable cable has an anchor eight-feet up to keep it off the ground.
As is the case with just about every EV charger network, there’s an app to oversee charging sessions, including payments.
Apple News is testing a new game for iOS 17.5 called Quartiles, which requires players to organize a grid of 20 syllables into 5 four-syllable words.
Spotted by Gadget Hacks, the interface for Quartiles looks a lot like the New York Times’ newest hit, Connections.
Did Apple News sherlock the New York Times?
While it may appear odd for a news aggregator to continue investing in games, that’s exactly what has been working for the New York Times.
But given that the New York Times is low-key running a gaming studio now, it’s not a bad idea for Apple to churn out some new, preferably square-shaped games.
Is it just me, or was that an earthquake?
“DID WE JUST HAVE AN EARTHQUAKE IN NEW YORK”“was that an earthquake?????
People on microblogging sites (it wasn’t just X — I see you, Bluesky) had already determined the scope of the earthquake, confirmed it was, in fact, an earthquake, and began posting jokes about the situation before the less chronically online people even realized what happened.
Dom says she used to live in LA, and this was definitely an earthquake.
On Facebook, I am delighted to learn there is a new grocery store coming to my neighborhood, but no one is talking about the earthquake.
The UK threw a splashy event in New York this week to woo more American VCs Welcome to the new UK: the Unicorn KingdomA 3-D hologram, dubbed the Ever-Changing Statue, will be on display at the Rise by Barclays workspace in New York until April 4.
Dealroom data shows that UK startups raised $31 billion in venture capital in 2022 and $41 billion in 2021.
It’s also still more than the $18 billion the UK raised in 2019 and the $12 billion raised in 2018.
Between 2009 and 2019, only 38 UK Black founders raised venture capital funding—that number now stands at 80, according to an updated report by Extend Ventures.
“The UK tech ecosystem has made significant strides, but work remains to reach the scale and influence of Silicon Valley,” Taylor told TechCrunch.
The New York Stock Exchange said Monday it will immediately suspend trading shares of EV startup Fisker and is moving to take the company off of its stock exchange.
The exchange said Monday that Fisker’s stock is “no longer suitable for listing” because of “abnormally low” price levels.
The decision comes a month after Fisker was warned by the NYSE that its stock price had spent 30 days trading below $1, putting it out of compliance with the exchange’s rules.
The suspension caps a tumultuous day for Fisker, which saw shares fall more than 28% before trading was halted.
The suspension comes just hours after Fisker announced it lost a potential deal with a large automaker, reported to be Nissan — a development that has also endangered a recently-announced attempt at securing emergency funding.
NFT fantasy sports startup Sorare lays off 13% of staff, as web3 gaming continues to sputter Sorare is not completely shuttering its New York office but is shifting more employees to ParisWeb3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February.
The company will backfill most of these laid-off roles in Paris, according to Julia, with plans to hire more than 20 roles in the next six months.
Sorare is not shutting down its New York office.
Sorare saw $200 million in user transaction volume in 2023, a source familiar with the situation said.
Web3 gaming startup Mythical Games raised nearly $300 million in venture money before holding three rounds of layoffs.
This is our interview show, where we sit down with interesting, knowledgeable folk and dive deep into their favorite topics.
This time around, we invited Cowboy Ventures’ Aileen Lee to chat through her massive new article concerning the unicorn world.
If you didn’t know, it was Lee who initially coined the term “unicorn” in a TechCrunch article back in 2013.
Lee talked us through the data and taught us all sorts of new terms.
You can sort of understand what one means when they say “unicorpse” or “zombiecorn,” but apparently there are even more exotic unicorn forms out there.
