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$700M SAFE, IPOs are back and how one venture capital fund is pushing boundaries

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Hello and welcome Right, a startup business podcast where we explore the numbers and nuances behind the headlines. This is our Friday episode, where we have a look at the largest stories from the week and discuss recent emerging topics.

This week we had Mary Ann, Becca and Alex on board. Becca is, in fact, one of the 2 hosts of TechCrunch’s Found podcast, which talks to founders about how they built what they did and how they did it!

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But today on Equity, here’s what we got into:

  • Deals of the week: Mary Ann desired to discuss Onyx, a neobank geared toward affluent adults starting their careers. It is turning to B2B and, contrary to what the Internet says, it is not dead. Alex desired to discuss Montauk Climate, a climate incubator founded by former co-founder Casper i Marc Lore’s recent cope with Wonder. The climate is not good, in case you missed the news. Therefore, such projects are welcome. Becca brought up the Ethos fund, which allowed us to debate cross-border investing.
  • Saudi Arabia’s upcoming push into AI: : What has loads of capital and is able to devote it to investing in artificial intelligence? Sure, the local venture scene, but additionally the Saudi Arabian government. Significant venture capital funds fly to the Middle Eastern country to lift capital, but perhaps in the longer term the capital will come for them.
  • How some VCs are stopping the IPO rush: Becca’s recent investigation revealed an interesting finding, which is that the proven fact that their corporations don’t go public might not be the fault of late-stage founders. In fact, their supporters would be the ones keeping the door closed.
  • Oh, and Reddit began trading during our recording time and is doing well!

We’ll be back on Monday with more! So talk!

This article was originally published on : techcrunch.com
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Meta introduces limited teen accounts on Facebook and Messenger

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The apps Instagram, Facebook and WhatsApp can be seen on the display of a smartphone in front of the logo of the Meta internet company.

Meta introduces teen accounts on Facebook and Messenger. A function that routinely saves young users for the impression of applications with built -in security, shall be available on these platforms within the USA, Great Britain, Australia and Canada, before it expands to additional regions in the long run.

Teen accounts first appeared on Instagram in September last yr after Instagram, and other popular social networks were grilled by American legislators for not doing enough to guard teenagers. As a part of Tuesday’s announcement, Meta said that he brings a brand new built -in account protection for teenagers on Instagram.

With the extension of Facebook and messengers, teenagers shall be routinely placed in an experience that goals to cut back inappropriate content and unwanted contact. Teens under 16 years of age need parents’ consent to vary any of the settings.

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While Post on the META blog about launching doesn’t provide exact restrictions under which teenagers shall be placed, the corporate told TechCrunch We -Mail that teenagers will only receive messages from individuals who follow or had news earlier.

In addition, only teen friends can see and reply to their stories. Tags, references and comments will even be limited to people they follow or who’re their friends.

Teens will even receive reminders of leaving social networks after using them for an hour a day. In addition, they shall be enrolled within the “quiet mode” overnight.

As for brand spanking new instagram restrictions, teens under 16 years of age is not going to give you the chance to modify to the platform, unless their parents give them permission. In addition, teenagers under the age of 16 can have to get the parents’ consent to show off the applying function, which blur images containing suspicion of nudity in DMS.

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The changes announced on Tuesday show the newest Meta step towards solving problems related to the mental health of teenagers related to social media. These fears were Raised by an American general surgeon and several states, a few of which have even began to limit teenagers from using social media Without the consent of the parent.

The Meta shared insight into how teen accounts on Instagram are doing, because the corporate claims that it has moved 54 million teenagers to teen accounts. The meta claims that there remains to be lots more, because this function remains to be developing all around the world. The company also shared that 97% of teenagers aged 13-15 maintain built-in protection, says finish.

The finish line also commissioned an IPSOS study, which showed that just about all surveyed parents (94%) claim that teen accounts are helpful for fogeys, and 85% consider that they make helping teenagers easier to have positive experiences on Instagram.

(Tagstranslate) Facebook

This article was originally published on : techcrunch.com
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Benchmarks meta for new AI models are somewhat misleading

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Meta sign

One of the new flagship AI Meta models released on Saturday, Maverick, Second rating at LM ArenaA test during which human rankings compare the outcomes of models and select which they like. But it appears that evidently the Maverick version, that the finish implemented on LM Arena differs from the version that’s widely available to programmers.

How several And researchers He pointed to X, Meta noticed within the announcement that Maverick on LM Arena is a “experimental version of the chat.” Chart on The official website of LlamaMeanwhile, it reveals that the testing of the LM META Arena was carried out using “Llama 4 Maverick optimized for conversation.”

As we wrote earlier, for various reasons LM Arena has never been essentially the most reliable measure of the performance of the AI ​​model. But AI firms generally didn’t adapt or otherwise adapted their models to higher rating at LM Arena-Lub a minimum of didn’t admit it.

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The problem related to adapting the model to the reference point, suspension of it, after which releasing the “vanilla” variant of the identical model, is that programmers are difficult to predict how good it can work in specific contexts. It can be misleading. It is best if the tests tests – miserably inadequate – provide a shutter of strong and weaknesses of 1 model in various tasks.

Indeed, scientists on X have Stark was observed Differences in behavior From publicly to download maverick in comparison with the hosted model on LM Arena. The LM Arena version seems to make use of many emoji and provides extremely long answers.

We arrived at Meta and Chatbot Arena, a company that maintains LM Arena to comment.

(Tagstotransate) benchmark

This article was originally published on : techcrunch.com
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Trump delays the ban

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TikTok ban, rednote

Donald Trump has signed a brand new executive order “Save Tiktok”.


Tiktok will live to see the next day – at the least for now. On April 4, President Donald Trump signed a brand new executive order delaying the ban on a preferred social application by one other 75 days. The application was to darken in the USA on April 5.

The application, belonging to the Chinese company Bytedance, is now on the second extension in the first quarter of the 12 months. In 2024, President Biden signed bilateral laws of Ban Tiktok, citing fears about national security. Congress voted in a predominant means. Although Trump has signed the executive order to “save” the application, many questioned the legality of the movement. Like many president’s actions at the starting of his term, they complain that evidently he exceeds the authority of the executive office.

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Trump announced his move to Stop the ban on social truthSaying that his administration remains to be working on the contract.

“My administration worked very hard on the Tiktok saving contract, and we have made great progress,” Trump wrote on April 4. “The contract requires more work to ensure the signing of all necessary approvals, which is why I sign an executive order to continue tiktok for an additional 75 days.”

Trump quoted his newly imposed tariffs to China as a key reason for detained negotiations for the buyer.

“We hope to continue working in good faith with China, which, as I understand, are not very satisfied with our mutual tariffs – necessary for honest and balanced trade between China and the USA,” wrote Trump. “It proves that tariffs are the most powerful economic tool and very important for our national security. We do not want Tiktok to go dark. We are looking forward to cooperation with Tiktok and China to complete the contract.”

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This means a second time Trump entered to delay the ban. On January 2, just a couple of days after returning to the office, he signed the first extension to stop Tiktok, utilized by over 170 million Americans available to users.

The potential sales of Tiktok draws the major attention of the principal players in the business world. According to HillMany private equity firms, the Venture Capital groups and the best technological investors have introduced offers for a preferred application.

Among the firms, apparently in the mix are Blackstone, Oracle, Amazon – led by Jeff Bezos – and the founding father of Onlyfans Tim Stokely. Interest in purchasing Tiktok has increased, how uncertainty about its future in the US is always growing.

The application, utilized by 170 million Americans, is situated at the center of ongoing political and economic negotiations between the United States and China. Along with the upcoming pressure and deadlines, the possibility of selling opened the door to the largest technological and financial names.

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This article was originally published on : www.blackenterprise.com
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