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India, already an IPO bright spot, prepares for bigger surge in 2025 India has bucked the global trend in initial public offerings this year, establishing itself as a rare bright spot for tech listings while other major markets face continued headwinds. The world’s most populous nation is now preparing for an even more substantial wave of startup IPOs in 2025. More than 20 startups are preparing to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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FTC reportedly opens antitrust investigation into Microsoft The FTC has launched an antitrust investigation into Microsoft, according to multiple reports that corroborate earlier reporting by the Financial Times. The agency is said to be looking into whether Microsoft violated antitrust law in multiple segments of its business, including its public cloud, AI, and cybersecurity product lines. Of particular interest to the FTC […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Time spent online by adults in the UK jumped by nearly an hour in 2024 says Ofcom Adults are spending an average of 4 hours and 20 minutes each day online across smartphones, tablets and computers in the U.K., according to figures from Ofcom’s annual Online Nation report diving into consumer digital habits. The figure is a big jump compared to 2023, when adults over 18 spent an average of 3 hours […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Uber’s subscription service reportedly target of FTC probe The Federal Trade Commission is investigating Uber over whether it broke consumer protection laws by allegedly automatically signing people up for its Uber One subscription service and making it hard to cancel, according to Bloomberg News. The investigation was opened earlier this year after the FTC received customer complaints. Uber told Bloomberg that its cancellation […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Alibaba releases an ‘open’ challenger to OpenAI’s o1 reasoning model A new so-called “reasoning” AI model, QwQ-32B-Preview, has arrived on the scene. It’s one of the few to rival OpenAI’s o1, and it’s the first available to download under a permissive license. Developed by Alibaba’s Qwen team, QwQ-32B-Preview contains 32.5 billion parameters and can consider prompts up ~32,000 words in length; it performs better on […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Spotify cuts developer access to several of its recommendation features Spotify will no longer allow developers building third-party apps with its Web API to access several features within the music streaming platform, such as song and artist recommendations, the company announced in a developer blog post on Wednesday. The company appears to be limiting third-party developers from building AI apps using data from Spotify listeners. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Investigators think a Chinese ship purposefully cut critical data cables European investigators believe that a Chinese commercial ship purposefully dragged its anchor in order to slash through two critical data cables. © 2024 TechCrunch. All rights reserved. For personal use only.
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DIY and synth-curious? Try putting together the analog POM-400 from Teenage Engineering The Pocket Operator Modular 400 from Teenage Engineering is an analog modular synthesizer that you put together yourself. If you’re at all interested in DIY kits or synths, this might be a great weekend project. You bend the bright yellow chassis into shape to start, mounting the various modules into place with tiny little screws. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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T-Mobile says telco hackers had ‘no access’ to customer call and text message logs The phone giant said hackers did not access the contents or logs of customer phone calls or text messages, during an industry-wide attack on phone and internet companies. © 2024 TechCrunch. All rights reserved. For personal use only.
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Threads now lets you swipe between different feeds right from the home screen Threads is rolling out a redesign that keeps your feeds visible on the home screen, Instagram head Adam Mosseri announced on Wednesday. The redesign allows you to quickly swipe between different feeds just like you can on X. The change is rolling out on Android on Wednesday, and will launch on iOS in the coming […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Google Gemini’s Imagen 3 lets players design their own chess pieces Google Labs, the experimental arm of the tech giant, has introduced a new online project that offers an entertaining variation of the game of chess. The web experiment is named GenChess, which, as the name implies, uses Gemini Imagen 3, Google’s image generation model, allowing players to customize their own chess pieces using text prompts. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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This Week in AI: AI gets creative in the kitchen Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. It’s nearly Thanksgiving, and you know what that means: stuffing your face to the point of comatosis. Well, that and entertaining all the unsavory relatives you manage to keep at bay the rest of the year. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Meta’s Threads is developing its own take on Bluesky’s ‘Starter Packs’ Hoping to quell some of the momentum behind social network Bluesky, a competitor to X and Meta’s Threads, Meta is developing a feature that takes inspiration from one of Bluesky’s more popular additions: the concept of “Starter Packs,” or hand-curated lists of suggested users that help newcomers find people to follow. Meta’s version of these […] © 2024 TechCrunch. All rights reserved. For personal use only.
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OpenAI moves to trademark its o1 ‘reasoning’ models OpenAI has filed a trademark application for its latest AI model, o1, as the firm moves to shield its IP. On Tuesday, OpenAI submitted paperwork to the U.S. Patent and Trademark Office (USPTO) to register the trademark “OpenAI o1.” Interestingly, the documents reveal that OpenAI filed for a foreign trademark application in Jamaica in May, […] © 2024 TechCrunch. All rights reserved. For personal use only.
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ElevenLabs’ new feature is a NotebookLM competitor for creating GenAI podcasts Voice AI startup ElevenLabs on Wednesday introduced a feature that lets you upload different types of content to create a multispeaker podcast for you, similar to Google’s NotebookLM. The feature, called GenFM, can be found on the company’s ElevenLabs Reader iOS app. Currently, GenFM supports 32 languages, including English, Hindi, Portuguese, Chinese, Spanish, French, German, […] © 2024 TechCrunch. All rights reserved. For personal use only.
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TuSimple co-founder demands liquidation, sues company for control of his shares Xiaodi Hou, the co-founder and former CEO of self-driving truck startup TuSimple, is demanding that the board immediately liquidate the company and return all remaining funds — roughly $450 million — to shareholders “on a pure pro-rata basis, regardless of share class,” according to a letter that TechCrunch has viewed. Hou is also suing TuSimple […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Elon Musk’s AI company may release a consumer app Elon Musk’s AI company, xAI, is reportedly preparing to release a stand-alone consumer app. That’s according to The Wall Street Journal, which reports that the upcoming app will be similar to OpenAI’s ChatGPT, allowing users to access xAI’s Grok chatbot from their personal devices. The app will likely arrive after xAI closes its next funding […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Pony AI’s valuation hits $5.25B after Nasdaq debut The Chinese autonomous driving tech company will go public on the U.S. markets at $13 per share. © 2024 TechCrunch. All rights reserved. For personal use only.
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TikTok will restrict some beauty filters for people under 18 TikTok is now the go-to social network for more than a billion users, bringing it to the attention of 14 U.S. attorneys general, who recently announced they were suing the company over its negative impact on minors’ mental health, as well as for harvesting their data. A subsequent report indicated that the company’s own research […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Scaling startups is top priority as EU reboots its top team Europe must get much better at scaling startups. That’s the prognosis of the European Union’s president, Ursula von der Leyen, who’s on the cusp of taking up her second five-year term steering the bloc of some 449 million people — with a December 1 start date now locked in. Giving a speech to the European […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Bluesky’s open API means anyone can scrape your data for AI training Bluesky might not be training AI systems on user content as other social networks are doing, but there’s little stopping third parties from doing so. Per a report by 404 Media, Daniel van Strien, a machine learning librarian at AI firm Hugging Face, pulled 1 million public posts from Bluesky via its Firehose API for […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Audio platform Pocket FM taps into AI tools to help it expand its content catalog India-based audio platform Pocket FM has more than 200,000 hours of content on the service. However, the company’s CEO, Rohan Nayak, believes that the platform still has room to grow in terms of creating original content and expanding its library to multiple genres and subgenres. The fastest way to do that is to tap into […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Raspberry Pi launches Compute Module 5 for embedded apps Raspberry Pi is better known for its single-board computer with a ton of ports sticking out. The most recent of which is the Raspberry Pi 5, which was introduced in September 2023. These small computers are perfect for the education market and for tech enthusiasts looking for a cheap computing device to power an interactive […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Eyewa now has 150 stores selling eyeglasses in the Middle East and just raised $100M to add 100 more Helping consumers find the perfect glasses is a booming global business, spawning giants like Warby Parker in the U.S. and Lenskart in India. In the Middle East, this market is producing its own rising powerhouse: Eyewa. Eyewa, based in Dubai and Riyadh, sells a wide range of eyewear products, including prescription glasses, sunglasses, blue light […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Ai2 releases new language models competitive with Meta’s Llama There’s a new AI model family on the block, and it’s one of the few that can be reproduced from scratch. On Tuesday, Ai2, the nonprofit AI research organization founded by the late Microsoft co-founder Paul Allen, released OLMo 2, the second family of models in its OLMo series. (OLMo is short for “open language […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Roblox will now give users 25% more of its in-game currency if you buy Robux on its website As scrutiny around Apple and Google’s app store fees ramps up around the world, Roblox is now offering users who buy its game currency, Robux, on the web and via gift cards 25% more than they would get if they purchased from an app store instead. In essence, the company is encouraging users to purchase […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Figure 02 performing tasks autonomously Robotics startup Figure released a video update showcasing their Figure 02 humanoid robot autonomously performing tasks at HQ for a BMW use case. © 2024 TechCrunch. All rights reserved. For personal use only.
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Trump considers naming an ‘AI czar’ Incoming president Donald Trump is considering naming an “AI czar” in the White House, Axios reports. Should Trump appoint such a policy person, they’d be charged with helping to coordinate federal regulation and governmental use of AI. Importantly, an AI czar wouldn’t require Senate confirmation, Axios notes — allowing them to get to work on […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Elon Musk wants to block the transfer of InfoWars’ X accounts to The Onion The Onion, a satirical publication, won a bankruptcy auction earlier this month to purchase conspiracy theorist Alex Jones’ website, InfoWars, and other related assets. However, that sale is now in limbo after a federal judge temporarily halted the deal. On Monday, Elon Musk threw yet another wrench in the works, objecting to the transfer of […] © 2024 TechCrunch. All rights reserved. For personal use only.
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SpaceX gets FCC green light for Starlink direct-to-phone deal with T-Mobile The FCC has granted SpaceX permission to go forward with plans to offer a direct-to-phone version of its Starlink satellite internet service, with T-Mobile as its provider and a few provisos in place. The proposal dates to summer 2022, when SpaceX and T-Mobile first announced that they were pursuing the ability for the mobile provider’s […] © 2024 TechCrunch. All rights reserved. For personal use only.
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AWS re:Invent 2024: What to expect and how to watch Amazon’s biggest event of the year Amazon Web Services’ (AWS) biggest conference of the year is around the corner, and all signs point to it being an eventful one. AWS re:Invent 2024 kicks off in Las Vegas on Sunday, with sessions scheduled to run through December 6. A keynote address featuring AWS CEO Matt Garman will take place December 3, starting […] © 2024 TechCrunch. All rights reserved. For personal use only.
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ServiceTitan could be the first of many ‘dirty’ term-sheet IPOs, VCs believe Rather than opening an IPO window, ServiceTitan's IPO could be the first \of something else entirely, VCs warn. © 2024 TechCrunch. All rights reserved. For personal use only.
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Uber is building a fleet of gig workers to label data for AI models Uber is expanding its fleet of gig workers and creating a new category: AI annotation and data labeling. The ride-hailing company has started hiring contractors for a new AI and data labeling division called Scaled Solutions. These workers complete projects for Uber’s internal business units but are also serving outside customers including self-driving vehicle company […] © 2024 TechCrunch. All rights reserved. For personal use only.
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FTC finds that smart device makers fail to make clear how long their products will be supported A new paper from the Federal Trade Commission found that many smart device makers fail to disclose to consumers how long they will provide software updates for their products. The agency looked at 184 different smart devices, ranging from hearing aids to security cameras, and found that nearly 89% of them don’t provide buyers with […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Russia-linked hackers exploited Firefox and Windows bugs in ‘widespread’ hacking campaign The Russia-aligned RomCom gang exploited the vulnerabilities to target hundreds of Firefox users across Europe and North America. © 2024 TechCrunch. All rights reserved. For personal use only.
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This Mexican fintech isn’t too worried about Trump’s tariff threats Welcome to TechCrunch Fintech! This week, we’re taking a look at: If you’d like to receive the Fintech newsletter in your inbox every Tuesday, sign up here! The big story Trump’s tariff threats don’t scare this Mexican fintech Mexico’s economic development has made it a fertile ground for startups. But the trend is under threat […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Bluesky verification could look a lot different from X’s blue checks The rapidly growing social networking startup Bluesky, a Twitter/X alternative built on open web principles, revealed in a livestream on Monday how its approach to user account verification will differ from existing services, like Meta and X. While traditional social media has shifted to a pay-for-verification model, where users pay for the privilege of the […] © 2024 TechCrunch. All rights reserved. For personal use only.
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YC-backed Circleback is out to become the best meeting notetaker As the number of startups offering speech-to-text services is increasing, meeting transcripts are becoming a common offering. There are plenty of tools that offer AI assistants that either join the meeting or capture your system’s audio to transcribe and summarize your meetings. Y Combinator-backed Circleback wants to differentiate itself by providing detailed notes and action […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Roon raises $15M to replace ‘Dr. Google’ with real doctors sharing videos about illness treatments Vikram Bhaskaran was leading creator partnerships at Pinterest when his father started showing early symptoms of ALS, a rare, terminal neurodegenerative disease. “It turned my world upside down,” Bhaskaran said. He worked during the day, and spent his evenings Googling the illness and treatment options and in Facebook groups. But Bhaskaran discovered that finding clear, […] © 2024 TechCrunch. All rights reserved. For personal use only.
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From $19M to $1.5M, here’s how much Anduril pays top execs like Palmer Luckey in cash and stock Beyond patriotism, there’s another huge reason to join a defense startup: it pays really, really well. © 2024 TechCrunch. All rights reserved. For personal use only.
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OpenAI’s Sora video generator appears to have leaked A group appears to have leaked access to Sora, OpenAI’s video generator, in protest of what it’s calling duplicity and “art washing” on OpenAI’s part. On Tuesday, the group published a project on the AI dev platform Hugging Face seemingly connected to OpenAI’s Sora API, which isn’t yet publicly available. Using their authentication tokens — […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Perplexity mulls getting into hardware Perplexity, the AI-powered search engine, wants to get into hardware — kinda sorta. Aravind Srinivas, Perplexity’s founder and CEO, posted on X on Monday that he was considering making a “simple, under $50” device to “reliably answer” questions “voice to voice.” He promised that Perplexity would “definitely” sell such a device if the post got […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Amazon Japan raided by anti-monopoly authorities Amazon Japan has said it will collaborate with Japan Fair Trade Commission (JFTC) after the watchdog conducted an on-site inspection related to suspected violations of anti-monopoly laws. The e-commerce giant is under suspicion of inappropriately urging vendors to lower their prices on its online shopping platform in return for better product placement, as first reported […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Spotify debuts marketing tools and insights for audiobook authors Spotify on Tuesday introduced a new set of tools for authors and publishers distributing their audiobooks on its platform with the launch of Spotify for Authors. Similar to its existing efforts, Spotify for Artists and Spotify for Creators (previously Podcasters), Spotify for Authors will allow writers and publishers to track insights and analytics about their […] © 2024 TechCrunch. All rights reserved. For personal use only.
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UK, US retail giants hit by ongoing disruption after ransomware attack on supply chain firm The Arizona-based firm said it has "no timeline" for restoration, following a cyberattack that caused disruption at companies around the world. © 2024 TechCrunch. All rights reserved. For personal use only.
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Inflection AI CEO says it’s done trying to make next-generation AI models Just last year, Inflection AI was as hot as a startup could be, releasing best-in-class AI models it claimed could outperform technology from OpenAI, Meta, and Google. That’s a stark contrast compared to today, as Inflection’s new CEO tells TechCrunch that his startup is simply no longer trying to compete on that front. Between then […] © 2024 TechCrunch. All rights reserved. For personal use only.
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In court filing, Drake alleges UMG and Spotify artificially inflated popularity of diss track ‘Not Like Us’ The long-standing feud between rappers Drake and Kendrick Lamar is heating up. Drake — via a business entity called Frozen Moments LLC — filed a petition yesterday in a New York Supreme Court accusing distributor Universal Music Group (UMG) of artificially inflating the popularity of “Not Like Us,” Lamar’s recently released “diss” track directed at […] © 2024 TechCrunch. All rights reserved. For personal use only.
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EU’s outgoing antitrust chief regrets not moving faster and breaking Big Tech’s grip The European Union’s outgoing competition chief, Margrethe Vestager, made a name for herself with headline-grabbing enforcements against Big Tech. But in a New York Times exit interview, as she approaches the end of her term, she sounds regretful at not having gone faster and harder against the likes of Apple and Google. She summarized her […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Cleo Capital launches cybersecurity accelerator to help undo the ‘crushing burden’ of online threats Cleo Capital, the early-stage venture fund that counts the AI firm Groq, fintech company Ellevest, and fashion brand Hill House as investments, has announced the launch of a new cybersecurity accelerator. The program is looking for pre-seed and seed companies from all around the world. The accelerator is a remote, 12-week program, with a standard […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Cardless swipes up $30 million to build a new generation of co-branded credit cards More than a quarter of all U.S. residents use co-branded credit cards to get discounts and other extras from brands they use regularly. But not all is rosy in the world of loyalty commerce. Major brands like Uber, Starbucks and Walmart have all pulled back from such projects over the years after failing to see […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Apple ordered to open up in-app purchases in Brazil Brazil’s antitrust regulator Cade has ruled that Apple must lift restrictions on in-app purchases within 20 days, Reuters reports. Otherwise, if the iPhone maker doesn’t comply, it faces fines of $43,000 per day. This decision is the result of a complaint filed by e-commerce merchant Mercado Libre in 2022. If you’ve been following recent changes […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Say bye to freeform e-bike parking in London following new rules to reduce bike mess on streets London is putting the brakes on the mess of electric bikes that litter the streets of the city. Today, the local transportation authority, Transport for London, announced a new enforcement policy that will restrict parking for the tens of thousands of e-bikes rented on-demand from companies like Lime, HumanForest and Dott. The news is significant […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Google to test plain ‘blue link’ results for hotel searches in EU markets in latest DMA twist Google has announced it’s making more changes to how it displays search results in the European Union in response to continued complaints that it’s failing to comply with the bloc’s Digital Markets Act (DMA). This will include what it bills as a “short test” of plain “blue link” style search results for hotel queries in […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing The U.S. Department of Commerce confirmed on Tuesday it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing. The funding will go toward manufacture and advanced packaging (techniques to assemble and integrate […] © 2024 TechCrunch. All rights reserved. For personal use only.
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AI helps India’s Meesho cut some customer call costs by 75% Softbank-backed online shopping site Meesho has rolled out what it claims is the first GenAI-powered voice bot among Indian e-commerce firms for customer support, paring down some expenses by 75%. GenAI, or generative AI, refers to artificial intelligence models that are trained on lots of data so that they are capable of producing and parsing […] © 2024 TechCrunch. All rights reserved. For personal use only.
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EV charging platform Ampeco raise $26M Series B, as demand for charging soars We last covered EV charging platform Ampeco in 2023 when it raised a Series A round of $13 million. Today it’s raised $26 million in a Series B funding led by Revaia, a growth equity investment fund. That takes its total funding to $42 million. Many EV charging systems are end-to-end solutions which makes them […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Cradle builds out its protein-design AI platform (and wet lab) with $73M in new funding Using AI to accelerate biotech is fast becoming standard practice, and companies offering services to deploy the tech quickly are seeing big uptake and new investment. Cradle is one of these, focused on protein design — and it just raised $73 million to build out its labs and team. Cradle appeared in 2022 as part […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. This is where Cambridge University spin-out Molyon hopes to come in: the U.K. startup is developing next-gen […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy Volta, a new startup with a team split between two headquarters in Milan and Paris, has secured a €6 million pre-seed round ($6.3 million) to develop a new vertical software-as-a-service platform focused on B2B sales. In more practical terms, the Volta team pitches its product as an equivalent to Shopify but focused on B2B transactions. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Biolevate’s raises €6M to helps medical writers keep up with the pace of new drugs Writing the documentation that must go alongside the development of new drugs is a highly labor-intensive process: not much software is used and there’s a shortage of expert writers. Paris-based Biolevate helps medical writers go faster with a platform that uses NLP and visual document reading to assisting in writing. It’s now raised €6 million […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Rivian snags $6.6B conditional federal loan to build Georgia factory Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs Office Advanced Technology Vehicle Manufacturing Loan Program. Rivian said it expects to begin […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Google Developer Program gains new features, but you’ll have to pay for them In June, Google announced the Google Developer Program, a free program to give devs access to resources designed to help them build applications using Google services. Now that “millions” of devs have signed up (according to Google), the company is introducing a second, paid tier to commercialize the program. On Monday, Google launched the Google […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Another star athlete is making his way into venture capital Giannis Antetokounmpo, a player for the Milwaukee Bucks, launched a venture capital firm called Build Your Legacy Ventures that will focus on sports and entertainment investing, according to Bleacher Report. Antetokounmpo will serve as general partner. The fund was “not just about capital; it’s about forging partnerships and opening my network to accelerate the growth […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Marc Andreessen, Joe Lonsdale, and all the other VCs reportedly in the running for DOGE and other Trump committees With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular co-founder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly […] © 2024 TechCrunch. All rights reserved. For personal use only.
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TechCrunch Space: Everything is bigger in Texas! Hello, and welcome back to TechCrunch Space! First off, I want to highlight a few stories we weren’t able to get to: First, Inversion Space raised a $44 million Series A to continue development of its ultra-precise orbit-to-Earth cargo delivery service. The company has already garnered a lot of attention from the DOD for its […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Rocket Lab nails two missions within 24 hours — one in each hemisphere Rocket Lab set a new speed record for launch turnaround time, successfully executing two Electron missions in 24 hours. The company added in a statement that this is also the first time any launch operator has completed a mission from each hemisphere within that time frame. Rocket Lab, which was founded in New Zealand, maintains […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Tesla appears to be building a teleoperations team for its robotaxi service As Tesla gears up to launch a robotaxi service in the coming years, the automaker looks like it’s building out a teleoperations team. According to a recent job listing, Tesla is hiring a software engineer to help develop a teleoperations system that will allow human operators to remotely access and control the company’s upcoming robotaxis […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Sill’s new app rounds up the best links from your Bluesky and Mastodon networks Want to keep up with what everyone’s talking about on alternative social media sites like Bluesky and Mastodon, but don’t have time to constantly scroll through their respective apps? A newly launched link aggregation service called Sill may be able to help. The service is similar to the older startup Nuzzel, which was ultimately acquired […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Here’s why ServiceTitan was on the clock to go public When ServiceTitan dropped its S-1 notice of an impending public offering on November 18, many VCs likely rejoiced. A successful IPO by the company, which builds operating software for trade businesses, could be what the quiet IPO market needs to start shaking loose. But the timing of ServiceTitan’s IPO may not be entirely based on […] © 2024 TechCrunch. All rights reserved. For personal use only.
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IMAX embraces AI to expand original content reach With global content consumption rising and demand for non-English content surpassing that for English movies and shows, IMAX is leveraging AI to scale localization on its original content. The entertainment and media industry grew 5% to $2.8 trillion in 2023, according to a report by PwC. The industry is expected to continue its expansion, though […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer The write downs occurred throughout the current fiscal year as the situation at Northvolt deteriorated. © 2024 TechCrunch. All rights reserved. For personal use only.
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Threads tests the ability for users to choose their preferred default feed Since Threads’ launch last year, users have asked for the option to set their “Following” feed as their default feed. Now, more than a year later, Threads is finally testing the ability for users to do so. Meta CEO Mark Zuckerberg announced on Monday that the social network is now testing the option for users […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Authorities catch ‘SMS blaster’ gang that drove around Bangkok sending thousands of phishing messages Thai authorities said the crime gang sent around a million malicious SMS text messages to nearby residents over a three-day period in November. © 2024 TechCrunch. All rights reserved. For personal use only.
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YouTube Music’s 2024 Recaps are out — here’s how to see yours It’s officially that time of the year when music-streaming services start giving users a look back at their listening habits for the year. YouTube Music announced on Monday that users can now access their 2024 Music Recap to get personalized stats regarding their top artists, songs, moods, genres, and more for the year. You can […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Apple again snubs AI in its ‘iPhone App of the Year’ finalists On Monday, Apple’s list of finalists for its coveted “iPhone App of the Year” award once again reveals how the iPhone maker is downplaying the impact of AI technology on the mobile app ecosystem. As it did last year, Apple’s 2024 list of top iPhone finalists favors more traditional iOS apps, including those that help […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Bluesky falling foul of EU rules by not reporting user numbers across the bloc Bluesky, the social network that’s currently surging in popularity due to an exodus of users from rival X, is in breach of European Union (EU) regulations that stipulate all online platforms must regularly publish regional user numbers. The Digital Services Act (DSA), which came into full effect back in February, is an online governance framework […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Instagram takes on Snapchat with new location-sharing feature Instagram is introducing the ability for users to share their locations with their friends via DMs (direct messages), the company announced on Monday. The feature indicates that the Meta-owned social network is looking to challenge services like Apple’s Find My and Snapchat’s Snap Map, both of which are popular ways for users to see their […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Pestle recipe app can now save dishes from TikTok Recipe app Pestle is rolling out a new feature that can automatically turn your favorite TikTok recipe videos into detailed, step-by-step instructions, using AI. The new feature processes the video’s caption, where creators tend to document their ingredient list and instructions, but is powered by on-device machine learning instead of using a third-party AI provider. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Anthropic proposes a new way to connect data to AI chatbots Anthropic is proposing a new standard for connecting AI assistants to the systems where data resides. Called the Model Context Protocol, or MCP for short, Anthropic says the standard, which it open sourced today, could help AI models produce better, more relevant responses to queries. MCP lets models — any models, not just Anthropic’s — […] © 2024 TechCrunch. All rights reserved. For personal use only.
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California will offer EV rebates if Trump kills federal tax credits California is committed to zero-emission vehicles, even if the federal mood shifts. The state’s governor, Gavin Newsom, a Democrat, said Monday that if the incoming Trump administration cuts the $7,500 EV tax credit, he will propose rebates for eligible residents who buy electric vehicles. “We’re not turning back on a clean transportation future — we’re […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Appcharge raises $26M to help gaming apps cut out Apple and Google from virtual goods revenues As Apple and Google continue to battle with regulators and publishers over whether their app stores are monopolistic, a startup called Appcharge has raised some funding to build an alternative for game developers who want a different avenue for monetization. Appcharge sees itself as a kind of “Shopify” for gaming — a platform for publishers […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Bending Spoons is taking video platform Brightcove private in $233M acquisition Brightcove, a cloud platform that helps businesses manage and monetize video content, is being taken private by Italian technology company Bending Spoons in an all-cash deal valued at $233 million. The transaction prices Brightcove at $4.45 per share, translating to a 90% premium on its 60-day average. Founded out of Boston in 2004, Brightcove develops […] © 2024 TechCrunch. All rights reserved. For personal use only.
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UK seeks collaboration for security research lab to counter Russia and ‘new AI arms race’ The U.K. is seeking collaboration for a new AI security research lab that’s designed to counter Russia and other hostile states in what it dubs the “new AI arms race.” While the U.K. government has launched numerous funding initiatives in the past to support cybersecurity projects, the rise of AI-fueled nation-state attacks, specifically, is the […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Corning offers bundle of commitments in bid to settle EU antitrust probe After the European Union opened a competition investigation into Corning earlier this month, citing concerns over alleged exclusive dealing, the Gorilla Glass maker has offered a raft of changes to its contract clauses aimed at settling the probe. The U.S. company is a supplier to major electronics brands, including Apple’s iPhone, and the changes could […] © 2024 TechCrunch. All rights reserved. For personal use only.
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PlayAI clones voices on command Back in 2016, Hammad Syed and Mahmoud Felfel, an ex-WhatsApp engineer, thought it’d be neat to build a text-to-speech Chrome extension for Medium articles. The extension, which could read any Medium story aloud, was featured on Product Hunt. A year later, it spawned an entire business. “We saw a bigger opportunity in helping individuals and […] © 2024 TechCrunch. All rights reserved. For personal use only.
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South Korean prosecutors request 5-year jail sentence for Samsung chief Jay Lee South Korean prosecutors sought a five-year prison sentence and a 500 million KRW fine, equivalent to $375,000, for Samsung Electronics chief Jay Y. Lee at an appeals court on Monday. The appeals case comes 10 months after Lee and 13 former Samsung executives were originally acquitted of manipulating stock prices and committing accounting fraud in […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Raspberry Pi releases the Pico 2 W, a $7 wireless-enabled microcontroller board Meet the Raspberry Pi Pico 2 W, a tiny board designed around a microcontroller that lets you build hardware projects at scale. Raspberry Pi is once again using the RP2350, its own well-documented microcontroller. But what is a microcontroller again? As the name suggests, microcontrollers let you control other electronic components or devices. Regular Raspberry […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Entrepreneur Marc Lore on ‘founder mode,’ bad hires, and why avoiding risk is deadly Entrepreneur Marc Lore has already sold two companies for billions of dollars, collectively. Now he plans to take his food delivery and take-out business Wonder public in a couple of years at an ambitious $40 billion valuation. We talked with Lore in person in New York recently about Wonder and its ultimate aim of making […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Apple will never stop thinking about making a TV It’s not exactly a secret that Apple has explored the possibility of building a television. Before his death in 2011, co-founder Steve Jobs famously told biographer Walter Isaacson that he’d “finally cracked it,” but no full-fledged Apple TV (as opposed to the Apple TV set-top box) has emerged in the years since. Bloomberg’s Mark Gurman […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Australian government drops misinformation bill The Australian government has withdrawn a bill that would have fined online platforms up to 5% of their global revenue if they failed to stop the spread of misinformation. The bill, which was backed by the Labor government, would have allowed the Australian Communications and Media Authority to create enforceable rules around misinformation on digital […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Latin America fintech will be a market to watch in 2025 Midway through 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d already hit the bottom for funding to Latin American fintech startups, and that a bounce back was coming. While momentum hasn’t been a straight shot up and to the right ever since, it’s looking like he was right. The volume of venture […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC While most seed investors believe founders should spend their raised cash however they want to, those VCs will still be judging founders’ cash management. © 2024 TechCrunch. All rights reserved. For personal use only.
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These alternatives to popular apps can help reclaim your online life from billionaires and surveillance Not every app or service is trying to monetize your personal data. Here are some of our favorite alternatives to popular apps. © 2024 TechCrunch. All rights reserved. For personal use only.
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The curious case of Nebius, the publicly traded AI infrastructure ‘startup’ On October 21, a new ticker opened to Nasdaq traders: NBIS, a truncation of Nebius, a fledgling player in the AI cloud infrastructure space. Casual observers could be forgiven for wondering where this company had come from, as there had been little in the way of the usual fanfare that surrounds most startups’ journey to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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How a digital “you” can sit through your agonizing web conference calls Now you can appear to be on a Zoom call in your office, even when you’re sipping a margarita in a hammock far, far away. Courtesy of a months-old startup called Pickle, its pitch is simple: submit a five-minute-long training video of yourself to create an avatar, and 24 hours later, ostensibly, you’re ready to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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‘Wolfs’ sequel canceled because director ‘no longer trusted’ Apple It may be hard to remember, but George Clooney and Brad Pitt co-starred in a movie, “Wolfs,” that Apple released just two months ago. On Friday, the film’s writer and director Jon Watts said Friday that a sequel is no longer happening; in a follow-up interview with Deadline, he explained that he “no longer trusted […] © 2024 TechCrunch. All rights reserved. For personal use only.
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DOJ tells Google to sell Chrome Welcome back to Week in Review. This week, we’re exploring the DOJ telling Google to sell off Chrome to break up its monopoly, OpenAI accidentally deleting potential evidence in The New York Times’ copyright lawsuit against it, and how AI companies are using TikTok brainrot for study tools. Let’s do this. The U.S. Department of […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Tesla says it has reached a ‘conditional’ settlement in Rivian trade secrets lawsuit Tesla and Rivian may have resolved a lawsuit in which Tesla accused Rivian of poaching employees and stealing trade secrets. Bloomberg reports that Tesla told a California judge that the companies have reached a “conditional” settlement, and that it expects to seek dismissal of the lawsuit by December 24. Tesla filed the suit, which was […] © 2024 TechCrunch. All rights reserved. For personal use only.
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How ‘Scattered Spider’ hacked some of the world’s biggest tech giants, and got caught The prolific hacking group broke into Caesars Entertainment, Coinbase, DoorDash, Mailchimp, Riot Games, Twilio (twice), and dozens more. © 2024 TechCrunch. All rights reserved. For personal use only.
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Trump’s tariff threats don’t scare this Mexican fintech Mexico’s economic development — turbocharged by the amount of nearshoring in recent years — has made it fertile ground for startups. But the trend is under threat if President-elect Donald Trump follows through with his idea of taking a harder line on trade with Mexico. Jaime Tabachnik, co-founder and CEO of Mexican trucking finance startup […] © 2024 TechCrunch. All rights reserved. For personal use only.
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