Big revenues, huge valuations and major losses: charting the era of the unicorn IPO

Joanna Glasner Contributor More posts by this contributor Some reassuring data for those worried unicorns are wrecking the Bay Area From lab-grown meat to fermented fungus, here’s what corporate food VCs are serving up We can make charts galore about the tech IPO market. Yet none of them diminish the profound sense that we are …

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Sam Altman’s leap of faith

Earlier this year, founder-investor Sam Altman left his high-profile role as the president of Y Combinator to become the CEO of OpenAI, an AI research center at its outset that founded by some of the most prominent people in the tech industry in late 2015. The idea: to ensure that artificial intelligence is “developed in a way that is safe and is beneficial to humanity,” as one of those founders, Elon Musk, said back then to the New York Times.

The move is intriguing for many reasons, including that artificial general intelligence — or the ability for machines to be as smart as humans — does not yet exist, with even AI’s top researchers far from clear about when it might. Under the leadership Altman, OpenAI has also restructured as a for-profit company with some caveats, saying it will “need to invest billions of dollars in upcoming years into large-scale cloud compute, attracting and retaining talented people, and building AI supercomputers.”

Whether  [...]  read more

The Satanic Temple Is No Laughing Matter

Because The Satanic Temple doesn’t believe in a literal Satan, or in anything supernatural, it’s often presented in the media as a joke religion like the Church of the Flying Spaghetti Monster or the Church of the SubGenius. But Penny Lane, director of the new documentary Hail Satan?, says that’s a total misconception.

“The Satanic Temple would very much like for people to, perhaps, learn to judge other people based on their actions, not based on what they look like, or what you might have heard about them on daytime television,” Lane says in Episode 361 of the Geek’s Guide to the Galaxy podcast.

The group is best known for their activism on the issue of separation of church and state. One scene in the film shows the Temple’s spokesperson, Lucien Greaves, strapping on a bulletproof vest before appearing beside the group’s controversial statue of Baphomet. Lane says that sort of risk-taking demonstrates real devotion.

“It’s not an either/or proposition,” she says. “Yes, [...]  read more

“Meno Salvini e più gattini”, “Ridategli Zorro”: gli striscioni di Milano contro il raduno sovranista

“Meno Salvini e più gattini”, “Ridategli Zorro”: gli striscioni di Milano contro il raduno sovranista – 1 di 1 – Milano – Repubblica.it

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Immigrant founders, smartphone growth, SEO tactics, SoftBank’s financials, and AR tech

How an immigration crackdown is hurting UK startups

Our European correspondent Natasha Lomas spent the past few weeks investigating what’s been happening to immigrant founders and tech talent in the UK, who have been receiving more scrutiny from the Home Office in recent months. Natasha zooms in on Metail, a virtual fitting room startup, and its tribulations with the immigration authorities and the damage those action are having on the broader ecosystem:

The January 31 decision letter, which TechCrunch has reviewed, shows how the Home Office is fast-tracking anti-immigrant outcomes. In a short paragraph, the Home Office says it considered and dismissed an alternative outcome — of downgrading, not revoking, the license and issuing an “action plan” to rectify issues identified during the audit. Instead, it said an immediate end to the license was appropriate due to the “seriousness” of the non-compliance with “sponsor duties”.

The decision focused on one of the two employees  [...]  read more

Myneral.me wins the TechCrunch Hackathon at VivaTech

It’s been a long night at VivaTech. The building hosted a very special competition — the TechCrunch Hackathon in Paris. Hundreds of engineers and designers got together to come up with something cool, something neat, something awesome. The only condition was that they only had 36 hours to work on their projects. Some of them …

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Eurovision 2019 live stream: how to watch the song contest from anywhere – songs and judging

The 2019 Eurovision Song Contest is finally here in all it’s camp glory. For some it’s a guilty pleasure, for others it’s an excuse to get all your mates round and embrace the sequins and general madness. The Tel Aviv Convention Centre in Israel is all prepared for the 64th edition of the annual singing extravaganza, but are you struggling to know where to watch it? You’ve landed in the right place to find out with TechRadar’s 2019 Eurovision live stream guide – it doesn’t even matter where on Earth you are.

Eurovision Song Contest 2019 – where and when
The 64th Eurovision Song Contest is taking place in the homeland of last year’s winner Netta – Tel Aviv, the capital of Israel.

Tonight’s the night (Saturday, May 18) for grand final itself with the show starting at 10pm local time – so that’s 8pm BST, 9pm CET, 12pm PT, 3pm ET, 5am AEST.

With the “Big Five” of the UK, France, Italy, Germany and Spain qualifying automatically alongside the hosts and a further 20 coming from the two semi-finals, we’re now all set for the 26 act final event. That’s where the real business begins, [...]  read more