Leaked documents show Techstars lost $7 million in 2023 but still had plenty of cash

Cuts to Techstars’ staff and its decision to shutter certain accelerators came after it missed its 2023 revenue goals, according to documents outlining its preliminary 2023 results viewed by TechCrunch. Techstars also lost millions of dollars more by year’s end (in adjusted EBITA) than it had anticipated it would, additional documents that discussed mid-year performance […]
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Tim Cook says Apple will ‘break new ground’ in GenAI this year

Apple CEO Tim Cook is promising that Apple will “break new ground” on GenAI this year. Cook made the pronouncement during the company’s annual shareholders meeting today, which came in the same week the company reportedly scuttled its multibillion-dollar, decade-long plan to build an EV. Some of the staff on the EV project were reassigned […]
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Bluesky snags former Twitter/X Trust & Safety exec cut by Musk

Emerging decentralized social network and X rival Bluesky has just landed a notable former Twitter leader as its new head of Trust and Safety. On Wednesday, the company announced it has appointed Aaron Rodericks, who most recently co-led the Trust and Safety team at Twitter, to this new position. Though typically leaders below the C-Suite […]
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Anycubic users say their 3D printers were hacked to warn of a security flaw

Anycubic customers are reporting that their 3D printers have been hacked and now display a message warning of an alleged security flaw in the company’s systems. Numerous threads on news sharing site Reddit show similar reports (hat tip to @dan) of users receiving an unsolicited text file on their Anycubic 3D printers with the file […]
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Liveliness is a sports community app for finding new workout buddies

Finding people who share your active passion — to go hiking, biking, running, whatever — is a pretty enduring problem. Existing friends and family aren’t always going to be into the same sporty pursuits as you and making new buddies at the gym or crag can be kinda awkward. Ditto trying your luck on random […]
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Bitcoin’s so high, it crashed Coinbase today

Bitcoin’s rally is turning out to be bad news for Coinbase, the crypto trading app that has just confirmed some of its customers are seeing a zero balance across their Coinbase accounts. “Your assets are safe,” the firm assured the app’s users via a Status page on its website, adding that its team is investigating […]
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Substack gets more social with the launch of DMs

Substack is introducing direct messaging, allowing users to have private one-on-one conversations, the company announced today. DMs can be accessed in the Chat tab on the Substack app and website. By default, users will only receive DMs from people they are connected to. Other messages will go to a Requests folder where you can choose […]
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Morph Studio lets you make flims using Stability AI–generated clips

Want to weave various Stability AI–generated video clips into a movie? Now there’s a tool for that. Morph Studio, which has its own text-to-video model, just introduced an AI filmmaking platform. The eponymous tool takes the form of a storyboard, where users can create and edit shots by entering text prompts for different scenes and […]
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Former Snap design lead debuts Shader, an AR creation tool that uses AI to generate custom effects

Shader aims to challenge industry heavyweights like Snap’s AR development platform Lens Studio and TikTok’s Effect House, with its no-code AR creation tool that generates custom effects, 2D masks and lenses in minutes — rather than spending hours to create a single AR filter, which requires engineering and design skills. The startup built its platform […]
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