Daily Crunch: Due to “growing concerns about security threats,” Samsung is banning employees from using generative AI

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May the two be with you – we never got that joke, to be honest. Maybe one of you can explain it to us.

There is still some time left if you would like to receive your Startup Battlefield 200 applications. Come to australiabusinessblog.com Disrupt 2023 and pitch to a room full of fellow startups and – certainly more importantly – investors. And don’t forget to vote for the breakout sessions you want!

Christine And Hey

The australiabusinessblog.com Top 3

  • No ChatGPT for you: That’s what Samsung is telling its employees after a leak last month that put the company’s internal data on ChatGPT, reports Kate.
  • Oh, who are the people around you?: Want help finding your lost dog? Nextdoor now has a new “Assistant” feature, powered of course by OpenAI’s ChatGPT, to help neighborhood social network users write posts that will have more positive engagement, Aisha writes.
  • Payday: Tage writes about Nomba’s recent $30 million fundraiser. The African payment service provider gives companies tools to securely accept payments.

Startups and VC

Ann Lai, a general partner at Bullpen Capital, says she was fired from the firm. Natasha M reports. The investor described the termination experience as “discriminatory and retaliatory” in a LinkedIn post published Monday. Lai helped raise Bullpen Capital’s most recent $145 million fund, the first fund in which she was named an equal partner.

Today on Found, the australiabusinessblog.com podcast that tells the stories behind the startups, the team talks with Stefan Bauer about how Marker Learning reduces the cost of learning disability assessments by running them remotely, how they’ve successfully worked with school districts to help them test the required number of students, and the potential to bring Marker Learning into the prison system to assess incarcerated people and provide them with tools to learn in a way that is better suited to their abilities.

And we have a handful or two more for you:

How to lead efficient and effective board meetings at an early stage

F1 pit crew working on F1 car.

Image Credits: Jon Feingersh (Opens in a new window) /Getty Images

Many CEOs see preparing board decks as an unpleasant chore, but when done right, it’s an opportunity for founders to sharpen their storytelling skills, engage their team leaders, and get more value out of investor relations.

Amy Cheetham, a partner of Costanoa Ventures, shared 11 board slides with TC+ that demonstrate effective ways to communicate performance, product pipeline details, hiring and team growth, and other key priorities.

“The slides in this article are not intended to be a complete board game,” she writes. “They are examples of true early stage board slides from seed and Series A stage companies who have done a great job of educating their boards and sparking constructive discussion.”

Three more from the TC+ team:

australiabusinessblog.com+ is our membership program that helps founders and startup teams lead the way. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!

Big Tech Inc.

You know what people hate more than losing things? Buying a things tracking device to make them part of something unsafe. Sara writes that Apple and Google have teamed up to create some standard security measures for these Bluetooth devices to prevent unwanted tracking.

Speaking of companies coming together, Box has teamed up with OpenAI to deliver some generative AI tools on its document management platform. Ron has more.

And we have five more for you:


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