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Showing posts from August, 2024

Bolt reportedly threatens legal action against Silverbear Capital

In the latest twist in Bolt’s aggressive fundraising efforts, the fintech company’s CEO appears to have made a veiled threat of legal action against Silverbear Capital, the investment bank whose involvement in the deal remains in some dispute. “We believe there was some internal miscommunication at Silverbear Capital, one of our lead investors, which has […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/OJhX8Ft

Bluesky tops app charts and sees ‘all-time-highs’ after Brazil bans X

A Brazilian court’s decision to ban X (formerly Twitter) seems to benefiting its rivals, especially Bluesky. The microblogging platform announced late Friday that it was seeing “all-time-highs for activity” with 500,000 new users joining in the previous two days. It’s also number one on the free iPhone app chart in Brazil today, ranking just ahead […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/zA8kOla

Airbnb and fashion app By Rotation partner for free destination wedding outfits

By Rotation has a partnership with Airbnb to let those who’ve booked an Airbnb receive a complimentary outfit rental. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/FP6oyGE

The org behind the data set used to train Stable Diffusion claims it has removed CSAM

LAION, the German research org that created the data used to train Stable Diffusion, among other generative AI models, has released a new data set that it claims has been “thoroughly cleaned of known links to suspected child sexual abuse material (CSAM).” The new data set, Re-LAION-5B, is actually a re-release of an old data […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Lj8VX1z

Sub.club aims to fund the fediverse via premium feeds

Sub.club thinks premium feeds could also serve other use cases, like supporting helpful bots or generating funds to help maintain a community's Mastodon server, for instance. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/X9pON1H

Tesla keeps putting its digital history in the memory hole

It seems that the Ministry of Truth has been busy at Tesla. Some sharp-eyed folks, including reporters at Electrek, noticed that Tesla has deleted all of its blog posts prior to 2019. Those blog posts are a digital history of the company, covering everything from CEO Elon Musk’s original master plan, to the first Autopilot […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/WH7ypb2

Fluid Truck’s board ousted its sibling co-founders amid allegations of mismanaging funds

Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry, has ousted its sibling co-founders – CEO James Eberhard and chief legal counsel Jenifer Snyder – according to sources familiar with the matter. The shakeup, which employees have described as a hostile takeover, was led by two minority investors on the […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/51BaiQ4

Threads deepens its ties to the open social web, aka the ‘fediverse’

Meta announced Wednesday that users on Threads will be able to see fediverse replies on other posts besides their own. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/8OIqFCD

Polestar is getting a new CEO amid EV sales slump

Just weeks ago, during an interview with TechCrunch, Thomas Ingenlath laid out his plan to turn Polestar into a self-sustaining company. Now, he’s out.  Polestar said Tuesday Ingenlath has resigned as CEO, a position he has held since the EV startup spun out of Volvo in 2017. He will be replaced by Michael Lohscheller, who was […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/MhVCslg

One busted valve led to the failure of Astrobotic’s $108M Peregrine lunar lander mission

Astrobotic’s Peregrine lunar lander failed to reach the moon because of a problem with a single valve in the propulsion system, according to a report on the mission released Tuesday. Company leadership said in a press conference that engineers have redesigned the valve and introduced additional redundancy into the propulsion system of its next lander, […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/CtzqoAX

Meta and Instagram spotted developing a new social music-sharing feature

Meta and Spotify are exploring deeper music integration in Meta’s Instagram app. New findings indicate the companies are testing a feature that would allow users to continuously share what music they’re listening to through Instagram’s Notes. The new functionality was first spotted by reverse engineer Alessandro Paluzzi, who often finds unreleased features while they’re still […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/mvMHSu5

How Techstars, Meta helped profitable LatAm startup Mercately raise a $2.6M seed

In Latin American countries like Brazil and Chile, messaging platform WhatsApp has become one of the most popular apps to use to buy things online. It was even the e-commerce platform of choice in the region during the pandemic. But WhatsApp is designed to be a messaging platform, not an e-commerce site. A startup called […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/DOFHV8W

Will HP still demand $4B from Mike Lynch’s estate?

Before entrepreneur and investor Mike Lynch died along with six others after the yacht they were on capsized in a storm last week, the party was celebrating Lynch’s victory in the U.S. criminal courts. In June, he was acquitted of all counts of fraud connected to HP’s 2011 acquisition of his company, Autonomy. But it […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/TvXhguY

Anthropic publishes the ‘system prompts’ that make Claude tick

Generative AI models aren’t actually human-like. They have no intelligence or personality — they’re simply statistical systems predicting the likeliest next words in a sentence. But like interns at a tyrannical workplace, they do follow instructions without complaint — including initial “system prompts” that prime the models with their basic qualities, and what they should […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/apulJRY

Durov arrest boosts Telegram app downloads

The arrest of Telegram founder and CEO Pavel Durov in France is starting to impact the app’s traction and ranking. On Saturday, the founder was arrested for allegedly allowing illegal activity to thrive on the social app by failing to moderate messages adequately, particularly in areas involving drug trafficking, money laundering and the distribution of […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/5KO7hEF

Care.com to pay customers $8.5M in FTC settlement for deceiving caregivers, families

The U.S. Federal Trade Commission (FTC) is requiring Care.com, a platform for gig workers in the elder-care and childcare space, to pay $8.5 million in refunds for deceiving caregivers who were looking for jobs, and making it difficult for families to cancel their paid memberships. The agency said on Monday that the company’s marketing messages […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/OsQbhUT

Uber fined $324M over EU driver data transfer breach

Ride-hailing platform Uber has been fined €290 million — around $324 million at current exchanges rates — by the Netherlands’ privacy watchdog for breaching the European Union’s General Data Protection Regulation (GDPR). The penalty is related to transfers of personal data of drivers out of the European Union to the US, where Uber’s main business […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/JOupBcC

Loft Orbital forms joint venture with UAE-based firm to scale satellite production in the Middle East

A holding company affiliated with an Emirati royal family is injecting a new joint venture between Abu Dhabi-based Marlan Space and startup Loft Orbital with over $100 million to grow the region’s domestic satellite manufacturing capabilities.  The joint venture, called Orbitworks, will be the first commercial firm in the United Arab Emirates to mass manufacture […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/h86mxz4

In 2024, it really is better to run a startup in San Francisco, according to data and founders who’ve relocated

San Francisco’s AI startup boom is so big, even international founders who don’t run AI startups are relocating there to help their companies grow, according to several founders who recently moved.  This is largely because the tech talent and investor money is still overwhelmingly concentrated there, according to new data that VC firm SignalFire exclusively […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Wc3CNDk

Y Combinator backs its first defense startup, Ares Industries

Y Combinator’s first defense startup, Ares Industries, launched earlier this week. In a post on the YC website, the startup outlined a vision to build low-cost cruise missiles that will be compatible with existing launch platforms, saying it will “deliver the capabilities that the [Department of Defense] wants in a form factor that’s 10x smaller […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/GmnI6Ky

TPG nears $150M funding in India’s Eruditus at $2.3B valuation

Eruditus, an Indian edtech startup, is in advanced stages of talks to secure about $150 million in new funding, two sources familiar with the matter told TechCrunch, in what would be the largest fundraise by an Indian education firm in years. TPG, a major private equity player, is discussing to lead the investment, the sources […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Fe6rUpv

Telegram founder Pavel Durov reportedly arrested in France

Pavel Durov, founder and CEO of messaging app Telegram, was arrested on Saturday evening at France’s Bourget airport, according to French television network TF1. Neither Telegram nor a spokesperson for France’s national anti-fraud office ONAF immediately responded to a request for comment. According to TF1, Durov faced a warrant in France based on a preliminary […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/TNwebGr

Apple reportedly announcing iPhone 16 lineup and more on Sept. 10

Apple will be unveiling new products on September 10, with the announced phones going on sale on September 20, according to a report from Bloomberg’s Mark Gurman. That lineup will reportedly include the iPhone 16, with larger screens on the Pro models and a new button just for taking pictures. The phones should also support […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/bLoyWGf

The fallout after Bolt’s aggressive fundraising attempt has been wild

After fintech Bolt surprised the industry with a leaked term sheet that revealed it is trying to raise at a $14 billion valuation, things got weird. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/xjmXO5z

M&A can open up the playing field for the competition

No two businesses are the same, and that's good news: As we saw again this week, it opens up space for companies to try opposite approaches, join forces or challenge leaders. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/uUMd6lf

Marc Andreessen’s family plans to build a ‘visionary’ subdivision near the proposed California Forever utopia city

Marc Andreessen's family is planning to build a large housing development near the proposed California Forever city. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/I3tRQcD

Halliburton shuts down systems after cyberattack

A company spokesperson for the oil drilling and fracking giant declined to name the executive overseeing cybersecurity, if any. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/nJNXeK0

Boston Dynamics’ new electric Atlas can do push-ups

Until today, we’ve seen exactly 40 seconds of Boston Dynamics’ new electric Atlas in action. The Hyundai-owned robotics stalwart is very much still in in the early stages of commercializing the biped for factory floors. For now, however, it’s doing the thing Boston Dynamics does second best after building robots: showing off in viral video […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/FizGcgR

AI sales rep startups are booming. So why are VCs wary?

When you really probe venture capitalists about investing in AI startups, they’ll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes.  But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs. […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/10d2ejO

Former Alphabet X spinout Mineral sells technology to John Deere

Citing a crowded market and profit concerns, Mineral ceased operation and pivoted to technology licensing. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/eHQ3lqr

Relive the Myspace days by adding a favorite song to your Instagram profile

A nod to the Myspace era, Instagram just launched a new feature that allows you to add music to your profile. The feature is in collaboration with singer Sabrina Carpenter, who released a teaser of her new song “Taste” on her Instagram profile ahead of her album release on Friday. To add a song to […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/qJYF1US

D-ID launches an AI video translation tool that includes voice cloning and lip sync

AI video creation platform D-ID is the latest company to ship a tool for translating videos into other languages using AI technologies. However, in this case, D-ID also clones the speaker’s voice and changes their lip movements to match the translated words as part of the AI editing process. The technology stems from D-ID’s earlier […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/euDkjnK

Anthropic’s Claude surpasses $1M in mobile app revenue

However, Claude is still ranking far behind top rival ChatGPT. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/wpEsikL

Watch this robot quickly install roof shingles

Renovate says this model is faster and more accurate than its predecessor, despite being roughly half its weight. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/jRIXMWZ

OpenAI signs deal to train on Condé Nast content, surface stories in ChatGPT

OpenAI has inked a deal with Condé Nast — the publisher of storied outlets such as The New Yorker, Vogue, Vanity Fair, Bon Appétit and Wired — to surface stories from Condé Nast properties in OpenAI’s AI-powered chatbot platform ChatGPT and its search prototype SearchGPT. The specific terms of the partnership weren’t disclosed. But in […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Wx9mzoM

PayPal could challenge Apple Wallet in the EU

Though PayPal has not yet confirmed it will now develop a competing wallet thanks to new APIs, the company has hinted in that such a plan is in the works. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/gHw3cvL

Former a16z VC Balaji Srinivasan obtained a private island for his new longevity ‘technocapitalist’ school

Former a16z-investor Balaji Srinivasan has booked out an island in Singapore to create his own “Network School.” © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/wlZcePE

Apple Podcasts launches on the web

Apple podcasts can now be streamed from the web. Apple announced on Monday that it’s Apple Podcasts app is now available on all major web browsers (Chrome, Edge, Firefox, and Safari) in over 170 countries.   The new dedicated web experience aims to make it easier for anyone with a web browser on any device to […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/J3Rcm6r

Amazon considers moving Amazon Pay into a standalone app in India

Amazon is considering shifting its payments offerings in India into a standalone app, three sources familiar with the matter told TechCrunch, as the e-commerce giant aims to boost usage of Amazon Pay in the country. Amazon Pay is currently housed within the company’s primary e-commerce app in India, and lets users transfer money to individuals […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/BP5wFZj

As CO2 emissions from supply chains come into focus, this startup is aiming at farms

Root helps food and beverage companies collect primary data on their agricultural supply chains.  © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/s0m1jA6

Digitally resurrecting actors is still a terrible idea

This post contains spoilers for the movie “Alien: Romulus” In the long-running Alien movie franchise, the Weyland-Yutani Corporation can’t seem to let go of a terrible idea: It keeps trying to make a profit from the deadly xenomorph. No matter how many times they fail, and how many people die in the process, whenever the […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/PybWm6F

Rippling’s Parker Conrad says founders should ‘go all the way to the ground’ to run their companies

This is just one area of leadership where Parker Conrad takes a contrarian approach. He also said he doesn't believe in top-down management. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/G2yxV7O

Palantir CEO Alex Karp is ‘not going to apologize’ for military work

Data analytics company Palantir has faced criticism and even protests over its work with the military, police, and U.S. Immigrations and Customs Enforcement, but co-founder and CEO Alex Karp isn’t interested in “the apology show.” In a lengthy New York Times profile, Karp told writer Maureen Dowd that the company has “a consistently pro-Western view” […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Y8NWOAC

Why Porsche NA CEO Timo Resch is betting on ‘choice’ to survive the turbulent EV market

Timo Resch is basking in the sun. That’s literally true, as we speak on a gloriously clear California day at the Quail, one of Monterey Car Week’s most prestigious events. But it’s figuratively true as well, as Resch, who took the CEO role at Porsche Cars North America (PCNA) last November, is in a very […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/h1qLxYj

Nancy Pelosi criticizes California AI bill as ‘ill informed’

Congresswoman Nancy Pelosi issued a statement late yesterday laying out her opposition to SB 1047, a California bill that seeks to regulate AI. “The view of many of us in Congress is that SB 1047 is well-intentioned but ill-informed,” Pelosi said. She noted that other congresspeople from the Bay Area — Zoe Lofgren, Anna Eshoo, […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/ar7wmSE

Researchers develop hair-thin battery to power tiny robots

MIT this week showcased tiny batteries designed specifically for the purpose of power these systems to execute varied tasks. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/wFSVHCn

Rimac squeezes more power into its new all-electric hypercar Nevera R. And it only starts at $2.5 million

Rimac revealed Friday during The Quail, a Motorsports Gathering at Monterey Car Week the Nevera R, an all-electric hypercar that’s meant to push the performance bounds of its predecessor. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/pHPsN6w

Geekbench releases AI benchmarking app

It’s a successor to Geekbench ML. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/5se1MfK

Sonos CEO Patrick Spence confirms 100-person layoff

Roughly one week ago during an earnings call, the chief executive addressed ongoing issues with Sonos’ mobile app. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/QE8tZ9F

FTC finalizes rule banning fake reviews, including those made with AI 

The U.S. Federal Trade Commission (FTC) announced on Wednesday a final rule that will tackle several types of fake reviews and prohibit marketers from using deceptive practices, such as AI-generated reviews, censoring honest negative reviews and compensating third parties for positive reviews. The decision was the result of a 5-to-0 vote. The new rule will […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/2mr6V5y

Palo Alto Networks CEO apologizes for happy hour display featuring women with lampshades on their heads

Cybersecurity giant Palo Alto Networks is getting a lot of grief for a recent trade show event in which two women posed with lampshades on their heads. The debacle — which unflatteringly recalls the CES booth babes of the early ’90s and 2000s — reportedly happened at a happy hour hosted by CyberRisk Collaborative and […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/esyDdBl

The Tesla Diner might actually be happening

In line with Elon Musk’s increasing rhetoric on X of going back to the good old days, Tesla looks like it’s finally getting ready to open its 1950s-style diner.  Tesla is seeking a Tesla Diner Experience Specialist in Los Angeles to work with the charging operations team to ensure “exceptional customer experience at the Tesla […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/vLfQK5i

Google adds new AI-powered features for photo editing and image generation

Google is adding features for photo editing, plus new apps for storing and searching through screenshots on-device and an AI-powered studio for image generation. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/SdEPTYb

The biggest data breaches in 2024: 1 billion stolen records and rising

Some of the largest, most damaging breaches of 2024 already account for over a billion stolen records. Plus, some special shoutouts. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/EiBkQUA

Euro VCs welcome Balderton’s fresh $1.3B but grumble about Europe’s AI misses

In the last 12 months, Balderton has announced 12 new investments. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/c1oqsuP

TikTok comes for messaging apps with the addition of group chats

TikTok looks to be taking on popular messaging services like Meta’s WhatsApp and Apple’s Messages, as the company announced on Monday that it’s adding group chats to its platform. You can now create group chats with up to 32 people to chat and share content together. While people often share TikTok videos with each other […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/H5zpiL1

What is AI good for anyway? Maybe not summarizing

There’s a fascinating look by John Herrman over at NYMag today at one of the big proposed uses of AI: summarizing content. We all need things summarized, right? Everybody’s too busy and overloaded with information. At least that’s what every tech company doing AI seems to be settling on. The problem is the summaries that […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/GVN2XlA

India’s Kazam powers up to roll out EV charging in Southeast Asia

Kazam, an Indian EV charging solution provider, has raised $8 million to expand its footprint in the country and enter Southeast Asian markets. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/C4K1rmd

Why Scott Painter is selling a beach house to start a new vehicle software company

Autonomy founder Scott Painter is spinning out a new company called Autonomy Data Services, or ADS, he tells TechCrunch in an exclusive interview.  © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/raqzHXI

How CNH’s ‘black belt’ M&A head makes deals

Heavy equipment manufacturer CNH Industrial has a long history of mergers and acquisitions, at times supervising legendary brands like Ferrari. But five years ago, as agtech was booming, the global giant was struggling to tap into the startup scene.  The conglomerate turned to one of its longest-tenured executives, a swashbuckling Italian businessman named Michele Lombardi. […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/nsREqZV

CrowdStrike accepts award for ‘most epic fail’ after global IT outage

CrowdStrike's president said he'll take the trophy back to headquarters as a reminder that "our goal is to protect people, and we got this wrong." © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/v8KB5Dq

Tesla’s Dojo, a timeline

Elon Musk doesn’t want Tesla to be just an automaker. He wants Tesla to be an AI company, one that’s figured out how to make cars drive themselves.  Crucial to that mission is Dojo, Tesla’s custom-built supercomputer designed to train its Full Self-Driving (FSD) neural networks. FSD isn’t actually fully self-driving; it can perform some […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/b3ZqMDu

The tech world mourns Susan Wojcicki

Susan Wojcicki, a longtime Googler who spent nearly a decade as the CEO of YouTube, passed away Friday after a two-year battle non-small cell cancer. Wojcicki, who was 56, famously rented the garage of her Menlo Park home to Larry Page and Sergey Brin as they were starting Google. She then became one of the […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/1EJ5Qnf

OpenAI faces more leadership shake-ups

OpenAI co-founder John Schulman has left the company for rival AI startup Anthropic. In addition, OpenAI co-founder and president Greg Brockman is taking an extended leave after nine years at the company to “relax and recharge.” Schulman said his decision stemmed from a desire to deepen his focus on AI alignment — the science of […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/UNLa1zG

Maybe Friend wasn’t crazy for spending $1.8M on a domain after all

Avi Schiffmann, the founder and CEO of Friend, told TechCrunch over email that the purchase has already paid for itself. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/PsnB3X0

Ecovacs home robots can be hacked to spy on their owners, researchers say

Researchers found flaws that could allow anyone to spy on the owners of Ecovacs home robots by hijacking their cameras and microphones. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/w7hlc3o

The X exodus that wasn’t

When digging into the data to determine how large the exodus everyone on Threads is talking about actually is, we oddly came up short. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/6MH3zmV

Substack now lets anyone publish posts, even if they don’t have a newsletter

Substack is opening up to more users with its recent announcement that anyone can now publish content on its platform without setting up a publication. With the change, Substack is likely looking to attract more types of writers and content creators, not just people who are interested in creating regularly distributed long-form written pieces. While […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/DvETOd8

China’s autonomous vehicle startup WeRide prepares for a US IPO

WeRide, a Chinese autonomous vehicle company, is officially gearing up for a U.S. public debut, over a year after China started easing its effective ban of foreign IPOs.  WeRide registered 1 billion American Depository Receipts (ADRs) at a maximum price of $0.05, with the aggregate offering coming in at $50 million, per a Friday filing […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/QKNkyuX

Flint Capital raises a $160M through an unusual fund-raising strategy

Flint Capital just closed its third fund at $160 million. Its has a unique strategy for finding its limited partner investors.  © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/0FfkOtM

Instagram is embracing the ‘photo dump’

Instagram is rolling out the ability for users to add up to 20 photos or videos to their feed carousels, as the platform embraces the trend of “photo dumps.” Back in 2017, Instagram added the ability to post up to 10 photos or videos in one swipeable carousel post. Now, you can post double the […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/yEWMUx9

UK’s internet regulator warns social media platforms over risks of inciting violence

The U.K.'s internet regulator Ofcom has published an open letter to social media platforms raising concerns about the use of their tools being used to incite violence. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/wXtjcLN

Keychron’s K2 HE turns magnets and wood into an affordable mechanical keyboard

The $79 K2 has long been one of Keychron’s best-selling mechanical keyboards. As with all of the company’s K-line boards, it offers a relatively no-frills experience, but provides all of the advantages of a mechanical keyboard in an affordable package with a 75% layout (which means you get arrow keys and a row of function […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/10MYnG4

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/JA9uLkb

Europe’s most valuable fintech, and which startups became unicorns this year

Welcome to TechCrunch Fintech! This week, we’re looking at Revolut’s reported valuation hike, fintech unicorns, the Disrupt Fintech Stage, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8 a.m. PT, subscribe here. The big story Revolut reportedly told staff last week of […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/B6orkhY

Google loses massive antitrust case over search

Google has suffered a major court defeat in the U.S. that could alter the way it does business, should the decision stand. Judge Amit P. Mehta of U.S. District Court for the District of Columbia, ruling in a case brought against Google by the Justice Department, said that Google had abused its monopoly power over […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/xkeLsZb

Announcing the agenda for the AI Stage at TechCrunch Disrupt 2024

We’re so excited to announce that we’ve added a dedicated AI Stage presented by Google Cloud to TechCrunch Disrupt 2024. It joins Fintech, SaaS and Space as the other industry-focused stages — all under one big roof. We couldn’t possibly host TechCrunch Disrupt 2024 without a huge deep dive on all things artificial intelligence. So, […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Qyis1Yw

Placer.ai boosts valuation to $1.5B after quietly raising another $75M

A startup developing AI market research based on location data, and backed by a who's who, has quietly raised, TechCrunch has learned. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/ltaTXd5

Apple’s new Safari feature removes distracting items from websites

Safari’s newest feature, Distraction Control, can remove distracting elements from a website. The feature follows Browser Company’s Arc Browse’s addition of Boosts last year, which similarly lets users remove features from a site and further customize its appearance. Apple is rolling out the early version of the feature this week through new developer betas of […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/geKdtPs

AI chip startup Groq lands $640M to challenge Nvidia

Groq, a startup developing chips to run generative AI models faster than conventional processors, said on Monday that it’s raised $640 million in a new funding round led by Blackrock. Neuberger Berman, Type One Ventures, Cisco, KDDI and Samsung Catalyst Fund also participated. The tranche, which brings Groq’s total raised to over $1 billion and […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/2iS6YOA

From golf to hunting, a new crop of startups want to make these experiences even better

COVID-19 pushed people to take up outdoor activities. Now, startups are helping companies and consumers keep up with demand. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/wTeyb1q

Many safety evaluations for AI models have significant limitations

Despite increasing demand for AI safety and accountability, today’s tests and benchmarks may fall short, according to a new report. Generative AI models — models that can analyze and output text, images, music, videos and so on — are coming under increased scrutiny for their tendency to make mistakes and generally behave unpredictably. Now, organizations […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/seNI4iw

OpenAI says it’s taking a ‘deliberate approach’ to releasing tools that can detect writing from ChatGPT

OpenAI has built a tool that could potentially catch students who cheat by asking ChatGPT to write their assignments — but according to The Wall Street Journal, the company is debating whether to actually release it. In a statement provided to TechCrunch, an OpenAI spokesperson confirmed that the company is researching the text watermarking method […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/IS1gLkN

Even after $1.6B in VC money, the lab-grown meat industry is facing ‘massive’ issues

Any goal that puts cultivated meat in big box grocery stores or on fast food menus in the 2020s is “unrealistic,” according to experts. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/AwkghNx

Zuckerberg and Jensen show off their friendship, while an AI necklace covets yours

A fireside chat between Jensen Huang and Mark Zuckerberg at SIGGRAPH 2024 took some unexpected turns. What started as a conversation about the capabilities of Nvidia GPUs and Zuckerberg’s vision of an AI chatbot future quickly became a more casual affair — including a swap of custom-made jackets, a rare F-bomb from the Meta CEO, […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/BxgUSwI

When a big company comes after a hot startup, it’s not a slam dunk decision to sell

We spoke to Harness CEO and founder Jyoti Bansal about his previous company, which Cisco bought for $3.7 billion in 2017. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/DpujOZ3

FTC and Justice Department sue TikTok over alleged child privacy violations

The U.S. Federal Trade Commission and the Justice Department are suing TikTok and ByteDance, TikTok’s parent company, with violating the Children’s Online Privacy Protection Act (COPPA). The law requires digital platforms to notify and obtain parents’ consent before collecting and using personal data from children under the age of 13. In a press release issued […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/ZYnjuUR

Adept Materials’ dehumidifying paint was inspired by trees and semiconductors

The startup developed a two-material system that helps homes self-regulate their internal humidity. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/ftAOSEh

AI music startup Suno claims training model on copyrighted music is ‘fair use’

Following the recent lawsuit filed by the Recording Industry Association of America (RIAA) against music generation startups Udio and Suno, Suno admitted in a court filing on Thursday that it did, in fact, train its AI model using copyrighted songs. But it claimed that doing so was legal under the fair-use doctrine. The RIAA filed the lawsuit […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/NOYBlIh

iPad sales help bail out Apple amid a continued iPhone slide

In spite of a drop for the quarter, iPhone remained Apple’s most important category by a wide margin. © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/tOmNMwb

How filming a capella concerts and dance recitals led Northzone’s newest parter Molly Alter to a career in VC

Molly Alter wears a lot of hats. She’s a mockumentary film maker working on a project about an alternate reality where charades is big business. She’s a caesar salad connoisseur and documents her rankings of different restaurants’ attempts on a blog called JULIUS. She’s also Northzone’s newest partner. Alter’s path to venture capital was not […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/hGwqNO0

Microsoft now lists OpenAI as a competitor in AI and search

Microsoft has a long and tangled history with OpenAI, having invested a reported $13 billion in the ChatGPT maker as part of a long term partnership. As part of the deal, Microsoft runs OpenAI’s models across its enterprise and consumer products, and is OpenAI’s exclusive cloud provider. However, the tech giant called the startup a […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/6nYhP8b