Daily Crunch: GitHub CEO Says New Code Completion Tool “Brings the Fun Back to Programming”
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Welcome to Humpday Crunch!
Today we are sad that Aloria passed away on Sunday, because Lawrence reported. She was a veteran of the cybersecurity community, particularly that of New York, her home for many years. The New York security conference Summercon’s Twitter account announced his death on Monday, prompting a seemingly endless list of people to publicly mourn his loss and pay tribute to his life.
TechCrunch’s top 3
- X marks the spot: GitHub today launched its Copilot X initiative, which Frederic reports is an extension of its work on its popular code completion tool Copilot, which originally premiered in 2021. The tool also adds a chat mode and more.
- Should you return an investment?: If you’re a struggling founder who invested in venture capital but didn’t quite find this product fit for the market, is there a “graceful way out”? This is the question that Connie speaks to investor Gokul Rajaram, who discusses the idea of closing up shop and returning some of the funding.
- A night at the Opera AI: Opera gets into the AI excitement with ChatGPT and AI synthesis features that let you generate AI prompts by highlighting text on a website or typing it. Ivan see you.
Startups and VCs
Good Meat, the cultured meat unit of Eat Just, has completed premarket consultation with the U.S. Food and Drug Administration for its production method, and the agency concluded this week that it does not had “no questions”. Christina reports.
Early-stage founders need mentorship and support to build a successful startup, and conventional wisdom says, “Do you go to an incubator or an accelerator! However, the two programs are not interchangeable – they serve very different purposes – and there are approximately 500 accelerators and 1,400 incubators in the United States alone. At our Early Stage event in Boston on April 20, we’ll dive deeper into this topic and more. Come join us!
And we have five more for you:
3 tips for crypto startups preparing for continued compliance
Most startups can avoid getting into the weeds on legal issues before getting started, but crypto companies are in a different boat. Faced with a tangle of state and federal laws, inadequate compliance can quickly lead to regulatory hassles and undermine customer confidence.
In a TC+ article written by three lawyers from the law firm Norton Rose Fulbright US LLP, the authors share background information relevant to all crypto startups operating in the United States.
“By establishing a robust, risk-based compliance function…and keeping abreast of the latest regulatory guidelines, cryptocurrency companies can better position themselves to weather the crypto winter,” they write.
Three others from the TC+ team:
Tech Crunch+ is our membership program that helps founders and startup teams get a head start. You can register here. Use code “DC” to get 15% off an annual subscription!
Big Tech inc.
Zack follows what is happening with a security breach in Fortra’s GoAnywhere software and continues to hear from organizations that have been hacked. The Russia-based Clop Group, claiming to be behind it, said some 130 organizations were victims, but less than half were disclosed. So stay tuned for more developments.
Meanwhile, payment-processing service Checkout.com lets customers have fun: It’s launched virtual and physical cards that they can personalize. Roman writes that this new feature, called Issuing, “represents a business opportunity for fintech companies. When someone pays with a card, the card transaction fees are split between the merchant’s bank, the card scheme (Visa or Mastercard, for example), and the card issuer (Checkout.com in this case) .
And we have five more for you:
In fact, we have one more! Here is a last minute story: Indeed, the job advertisement platform, announced the dismissal of 2,200 employees, Amanda reports.