Day: July 20, 2023

Day: July 20, 2023

Electric utilities are driving customers into the hands of startups

Imagine running a large public company — S&P 500 large — and telling some of your most promising customers that you can’t sell them what they want unless they’re willing to wait three to five years at a minimum. In some cases, the wait might be as long as a decade. More likely than not, those customers would find someone else to give their money to. That’s what’s happening today at large electric utilities across the U.S., according to a new report in The Wall Street Journal. Of all the companies that should be eager to embrace the electric transition,

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Remini tops the App Store for its viral ‘AI headshots’ but its body edits go too far, some say

Instagram’s Threads’ time at the top of the App Store has come to an end, thanks to an AI photo editing app called Remini that’s going viral on TikTok. First launched in 2019, the app added a generative AI feature last year which TikTok users have recently discovered allows them to create professional headshots for sites like LinkedIn just by uploading their own selfies. In one video by TikTok user @Gracesplace, for example, the creator shows off how she submitted selfies to create a handful of professional-looking headshots that shows her in different outfits and poses. The video has since

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OpenAI launches customized instructions for ChatGPT

OpenAI just launched custom instructions for ChatGPT users, so they don’t have to write the same instruction prompts to the chatbot every time they interact with it — inputs like “Write the answer under 1,000 words” or “Keep the tone of response formal.” The company said this feature lets you “share anything you’d like ChatGPT to consider in its response.” For example, a teacher can say they are teaching fourth-grade maths or a developer can specify the code language they prefer when asking for suggestions. A person can also specify their family size, so ChatGPT can give responses about meals,

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Apple warning it could shut FaceTime, iMessage in UK over gov’t surveillance policy adds to growing tech industry discontent

The list of mainstream Internet services that could shut down in the UK over security risks attached to government policymaking just got longer: The BBC is reporting Apple has threatened to shutter local access to its end-to-end encrypted (E2EE) comms services, FaceTime and iMessage, if minsters don’t rethink a plan to further beef up existing (intrusive) surveillance powers. In recent months we’ve heard similar warnings from Meta-owned WhatsApp, Signal Messenger and Wikipedia in relation to other components of the UK’s digital policy they view as harmful to their users’ interests — so it’s by no means the first warning that

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Early-stage SaaS startups grow the same with or without VC dollars

The role of venture capital is to help startups achieve growth and scale beyond what they could on their own. But does that always pan out? New research shows that for some early-stage companies, it doesn’t really make a difference. A new report from startup lender Capchase found that SaaS startups with between $1 million and $15 million of ARR saw nearly identical levels of growth, on average, over the last year regardless of whether they raised venture capital. The report looks at financials from 900 of Capchase’s early-stage startup customers located in the U.S. and Europe and split 49%

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Google says Apple employee found a zero-day but did not report it

Google fixed a zero-day in Chrome that was found by an Apple employee, according to comments in the official bug report. While the bug itself is not newsworthy, the circumstances of how this bug was found and reported to Google are, to say the least, peculiar. According to a Google employee, the bug was originally found by an Apple employee who was participating in a Capture The Flag (CTF) hacking competition in March. But that Apple employee did not report the bug, which at the time was a zero-day — meaning Google wasn’t aware of the bug and no patch

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Tech-ish companies’ killer IPOs are making startups look silly as hell

The inability or unwillingness of many venture-backed startups to go public is starting to sting. Backers of venture funds are increasingly leery about putting more capital to work in the startup landscape without getting some of their prior cash back; but with IPOs not expected to pick up for quarters longer, and the backlog of richly priced startups stretching long into the distance, there’s little expected in the form of relief on the horizon. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday. But that doesn’t mean that some

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Whop, an online marketplace for digital goods, raises $17M

Amazon might have the monopoly on physical goods sold online. But what about digital ones? There’s Steam for games and software. Shopify supports some forms of digital goods, like artwork and gig services. But three co-founders, Steven Schwartz, Cameron Zoub and Jack Sharkey, believe that there’s room for competition. Schwartz, Zoub and Sharkey are the creators of Whop, a marketplace for people to sell access to digital products. Products for sale — and re-sale — run the gamut from sports gambling picks and deals on food, travel and credit cards to tips to “level up your social game.” “Whop is

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GitHub’s Copilot Chat is now in public preview for businesses

Earlier this year, GitHub announced Copilot X, an initiative to extend its Copilot code completion tool to more use cases, including a ChatGPT-based code-centric chatbot. Until now, this chatbot was only available in a private preview, but starting today, Copilot Chat is now available as a limited public beta for all GitHub business users on Visual Studio and VS Code. “This new evolution turns GitHub Copilot into a context-aware conversational assistant right in the IDE, allowing developers to execute some of the most complex tasks with simple prompts,” GitHub’s Mario Rodriguez writes in today’s announcement. “Every developer on your team,

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Redditors are already using r/place to address API controversy

Reddit’s r/place is one of the most oddly inspiring events on the internet, as diverse communities from across the platform come together to paint together on the same massive digital canvas. But amid ongoing controversy over Reddit’s changing API prices, which put many indie developers out of business, this year’s r/place serves as an opportunity for Reddit users to continue their ongoing rebellion. The origin of r/place dates back to 2017, when then-Reddit engineer Josh Wardle created it as an April Fools’ Day event (yep, that’s the same guy who made Wordle!). On a canvas of one million pixels, any

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