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Sequoia and Andreessen Horowitz invested more in fintech than any other sector in 2022

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Welcome to  The Interchange ! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up  here  so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. There’s a lot of fintech news out there and it’s my job to stay on top of it — and make sense of it — so you can stay in the know. —  Mary Ann Storied venture firms Sequoia Capital and Andreessen Horowitz (a16z) invested more in fintech than any other category in 2022, according to research from CB Insights. I’m not going to lie — upon learning this, my fintech-loving ears perked up. Sequoia apparently was fairly active overall last year despite the global downturn, with over 100 investments. And fintech represented n...

Don’t leave developers behind in the Section 230 debate

Shelley McKinley Contributor Share on Twitter Shelley McKinley is chief legal officer at GitHub, home to more than 100 million software developers. Last week marked the first time the U.S. Supreme Court reviewed Section 230 of the Communications Decency Act of 1996. In oral arguments in the Gonzalez v. Google case , important questions were raised about platform responsibility and the risk of viral content. As the court grapples with these questions, it is an opportunity to reflect on why 230 was created in the first place, how it fosters innovation and what we all stand to lose if the protections embedded within 230 are narrowed. Nicknamed the “26 words that created the internet” by Jeff Kosseff, Section 230 established a liability shield for platforms that host third-party content. In the nascent days of the internet, 230 created favorable legal conditions for startups and entrepreneurs to flourish, cementing the United States as a world leader in software. While tod...

This Colombian court hosts first legal trial in metaverse

The country is among the earliest worldwide to test real legal hearings in the metaverse, immersive virtual reality to make digital spaces feel more lifelike, often with avatars representing each participant. from Gadgets Now https://ift.tt/DlguEba

Magic Eraser comes to more devices, Spotify gains an AI DJ, and Netflix decreases prices

It’s Friday (or should I say, Fri-yay .) You’ve made it. Give yourself a pat on the back — and then go read the rest of this issue of Week in Review, TechCrunch’s newsletter summing up the past seven days in tech ( sign up here to get it directly in your inbox every Saturday). I’ll continue to be your WiR emcee for the next few weeks until Greg returns from parental leave. Goodness knows I lack his wit, but I’ll try to make up for it in pith. Go easy on me, please. First things first, I’m contractually obligated (not really… but maybe actually?) to highlight TechCrunch’s upcoming events this calendar year. TechCrunch Live is making a special (virtual) trip to Boston on February 27 for City Spotlight: Boston , and it’ll be completely free. That’s right — free! No excuses for skipping out on this one. Beyond City Spotlight, TC will be back in Boston in April for Early Stage , which will feature expert-led sessions about growing an — you guessed it — early-stage company. Last but not l...

This Week in Apps: Meta’s paid verifications, Instagram’s founders’ new app and Spotify’s AI DJ

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Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app economy in 2023 hit a few snags, as consumer spending last year dropped for the first time by 2% to $167 billion , according to data.ai’s “State of Mobile” report. However, downloads are continuing to grow, up 11% year-over-year in 2022 to reach 255 billion. Consumers are also spending more time in mobile apps than ever before. On Android devices alone, hours spent in 2022 grew 9%, reaching 4.1 trillion. This Week in Apps offers a way to keep up with this fast-moving industry in one place with the latest from the world of apps, including news, updates, startup fundings, mergers and acquisitions, and much more. Do you want This Week in Apps in your inbox every Saturday? Sign up here: techcrunch.com/newsletters Top Stories Meta starts selling blue badges…but also security and customer service Image Credits: Bloomberg /...

AI’s hype isn’t going to be simply star-studded 

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Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe  here . First off, hello to all the new Startups Weekly subscribers who joined us after last week’s newsletter. I’m glad we all still resonate with a comeback story. Second, here are some basics on what to expect.  I start off most of these newsletters with a mini-essay on what is top of mind to me, sometimes pointing toward one of my longer-form pieces from the week or just to share some extra thoughts at the end of the news cycle. Then I jump into three themes that stand out from the week, with extra reading for those that want to dig in more. I end with notes to know from around the tech blogosphere, TC events and, if you look closely enough, personal anecdotes that often have to do with coffee and food. Ok, now onto the aforementioned essay!  It all started with a sound. More specifical...