2 former SBF associates plead guilty to fraud and are cooperating with US federal prosecutors • TechCrunch


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Well, the weather outside… totally depends on where you are, we guess. For the purposes of this newsletter, let’s imagine sunshine, some pristine beaches, a nice cool breeze, and some pina coladas, because if we’re going to create some fictional weather, we might as well make it beautiful, right? – Christine And came

TechCrunch’s Top 3

  • Surprised, but also not surprisedFTX co-founder Gary Wang and Caroline Ellison of Alameda have pleaded guilty to criminal charges. Darrell He wrote.
  • to believeTwitter is now getting stock and cryptocurrency prices from TradingView and automatically displaying them in search results. Ivan It shows you how to get them to appear on your next tweet.
  • Another Octa breachOkta has confirmed that it is responding to another major security breach after it accessed its source code in a breach of GitHub’s repositories. Carly Reports.

Startups and VCs

Text-to-image AI has exploded this year as technical advances greatly increase the fidelity of art that AI systems can create. While systems like Stable Diffusion and OpenAI’s DALL-E 2 are controversial, platforms like DeviantArt and Canva have adopted them to power creative tools, personalize brands, and design new products, he writes. Kyle Taking you on a brief history of the diffusion of technology at the heart of modern image-generating AI.

Speaking of AI, Amanda As reported by Unstable Diffusion, a group trying to monetize the AI ​​porn generation raised more than $56,000 from 867 backers on Kickstarter. Then, when Kickstarter changed its mind about what kinds of AI-based projects it would allow, the crowdfunding platform shut down the Unstable Distribution campaign.

And partly in AI news:

Avoid 3 common sales mistakes that startups make during the downsizing

Image Credits: Anthony Lee (Opens in a new window) / Getty Images

Analysts predict that IT spending will increase by 2023, but tell that to SaaS sales teams trying to close deals with customers who have been ordered to cut costs.

“What every company needs now is efficient sales,” said Anand Shah, CEO and co-founder of Databook.

A TC+ guest post explains why reactive actions like increasing sales quotas or increasing prices don’t move the needle.

“Make real changes to meet the needs of your buyers. Use the macroeconomic background to make the necessary sales productivity improvements.

Three more from the TC+ team:

TechCrunch+ It’s our membership program that helps founders and startup teams get ahead of the pack. You can register here.. Use code “DC” for 15% off annual subscription!

Big Tech Inc.

That ad blocker box popping up when you try to open a new website is very annoying, though Zach He says we should find the good stuff in it — heck, even the FBI has written that you should use an ad blocker. why? Apparently “cybercriminals are buying ads to impersonate legitimate brands like cryptocurrency exchanges” and they’re so good it’s hard to tell it’s not the truth. Goodbye everyone!

What do we want? News! When do we need it? right now!:





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