Square and Cash App return online after extended unexplained outage

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By Christine Hall

Friday, September 08, 2023

Today’s top story is about the outage over at Square that started on Thursday. The fintech giant said services are coming back Friday after the daylong outage left small business owners unable to process payments. Here’s what happened.

Meanwhile, India’s Reliance Industries’ Jio Platforms partners with Nvidia to build a large language model that is trained on the country’s diverse languages. There’s supercomputers involved.

And find out what the Federal Aviation Administration had to say about SpaceX in the Starship Heavy incident.

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Image Credits: btmedia / Shutterstock

More top reads

Know when to fold ’em: Rario’s founders reportedly plan to exit the company. This comes a year after the NFT startup raised $120 million in funding. Read more.

You can play in this sandbox without getting sand everywhere: Google flips the switch on interest-based ads with “Privacy Sandbox” rollout. Get the scoop.

X gon’ give you new terms: X, the platform formerly known as Twitter, updates its terms to ban crawling and scraping. Dive into the changes. Also, X got caught running unlabeled ads in feeds.

Into the Brine-y deep: Brine Fi is here to challenge Coinbase and Binance with its decentralized exchange as it nets a Pantera-led $16.5 million round. Read more.

Your doctor will see you now: Glass Health is building an AI for suggesting medical diagnoses. What are your symptoms?

Built on the fediverse: With Postmarks, social bookmarking is back. Only this time it’s built on the fediverse. What will you save?

That’s illegal: This is what the Polish government said about the use of government spyware in the country. Here’s why.

Vital signs: Deal volume might be down, but there are still signs of life in the technology M&A market. See who’s still kicking. (TC+)

“He who knows no foreign languages knows nothing of his own”: Reddit users on mobile can now translate posts into other languages. Read more.

Grab your pass to TC Disrupt 2023

Join 10,000 startup leaders in San Francisco at TechCrunch Disrupt, taking place September 19–21. Last-minute passes are still available. Save 15% with code DC. Register now!

TC Opinion: How badly will AI-generated images impact elections?

An image of Pope Francis in a white puffer jacket may not be high stakes, but consider the damage one bad actor could inflict by using deepfakes to manipulate voters during an election.

According to Kyle Walter, head of research at Logically, “the question we really need to be asking now is not, ‘When will AI have an impact?’ but ‘How influential could the technology be, and how likely will it be used in coordinated disinformation campaigns?'”

If you’d like to submit an opinion column to TechCrunch, please read our new editorial guidelines.

Read More

TC Opinion: How badly will AI-generated images impact elections? image

Image Credits: wildpixel / Getty Images

Pitch Deck Teardown: Tomorrow University’s $10M Series A deck

Condensing a pitch deck into 16 slides or less is a genuine narrative challenge, but edtech startup Tomorrow University recently raised a $10 million Series A with just 10 slides:

  • Cover
  • Historical context
  • Goal
  • Mission
  • Solution
  • Product
  • Traction
  • Market
  • Team
  • Closing

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code “DC” for a 15% discount on an annual subscription.

Read More

Pitch Deck Teardown: Tomorrow University’s $10M Series A deck image

Image Credits: Tomorrow University

On the pods

The Equity crew is looking into Mentra’s plan to help neurodivergent jobseekers, as well as how SimpleClosure might be betting on the downturn, what’s next for the Argo AI founders, Y Combinator’s Summer 2023 Demo Day, and how the EU is cracking down on major tech companies.

Read More

On the pods image

Image Credits: Bryce Durbin

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Startups Weekly - When scaring us is great for business

Friday, September 8, 2023

TechCrunch Newsletter TechCrunch logo Startups Weekly logo By Haje Jan Kamps Friday, September 08, 2023 Welcome to Startups Weekly! All right, all right, all right. Over the past few days, I've

Our favorite startups from YC’s Summer 2023 Demo Days

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TechCrunch+ Newsletter TechCrunch+ logo TechCrunch+ Roundup logo By Walter Thompson Friday, September 08, 2023 Welcome to TechCrunch+ Friday Image Credits: Refat Mamutov/500px / Getty Images Most

Greycroft, NEA, Accel & more to judge Startup Battlefield at Disrupt

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September 19-21 | San Francisco Meet The Startup Battlefield Judges Meet The Startup Battlefield Judges What makes investors schedule that first pivotal meeting or followup on that cold email?

IBM says its new Granite series LLM was trained on 'curated, enterprise-quality data'

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TechCrunch Newsletter TechCrunch logo The Daily Crunch logo By Christine Hall Thursday, September 07, 2023 In today's top story, AI continues to be at the forefront of new products and services.

Under new rules, EU says 6 US tech 'gatekeepers' fall under Digital Markets Act

Wednesday, September 6, 2023

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