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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 […]
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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.
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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 […]
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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.
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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 […]
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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 […]
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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 […]
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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 […]
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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. […]
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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 — […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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.
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These alternatives to popular apps can help reclaim your online life from billionaires and surveillance
Not every app or service wants to monetize your personal data. Here are some of our favorite alternatives to popular apps.
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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.
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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 […]
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Meet three incoming EU lawmakers in charge of key tech policy areas
The European Union looks to have clinched political agreement on the team of 26 commissioners who will be implementing President Ursula von der Leyen’s policy plan for the next five years. A final vote is still pending next week, but on Thursday, Politico’s Brussels Playbook newsletter reported a deal in the European Parliament on the […]
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Sequoia marks up its 2020 fund by 25%
Sequoia says no exits, no problem. The Silicon Valley titan of venture marked up the value of its 2020 Sequoia Capital U.S. Venture XVII fund by 24.6% in June, at the end of a 12-month period, according to PitchBook, which ran analysis on data from the Regents of the University of California’s endowment. Sequoia’s markup […]
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Illumen Capital doubles down on supporting underrepresented funds
Illumen Capital is doubling down on its support for fund managers and founders from underrepresented communities. The firm is an impact fund of funds that has previously supported ways to address racial bias in investing. Yesterday, the firm, founded by Daryn Dodson, announced the raise of a $32.75 million “Catalyst Fund “to once again support […]
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Gilroy, former Coatue fintech head, and angel investor Rajaram launch VC firm
Michael Gilroy, a former head of fintech investments at Coatue, and Gokul Rajaram, a longtime tech executive and prolific angel investor, are forming a yet-to-be-named venture firm and plan to begin fundraising toward a $400 million to $500 million debut fund early next year, Bloomberg reported. The firm will invest in U.S.-based early-stage fintech and […]
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Tour the new Hyundai Ioniq 9
Emme Hall takes a closer look at the new Hyundai Ioniq 9, an all-electric three-row SUV.
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ChatGPT: Everything you need to know about the AI-powered chatbot
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies. That growth has propelled OpenAI itself into […]
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OpenAI is funding research into ‘AI morality’
OpenAI is funding academic research into algorithms that can predict humans’ moral judgements. In a filing with the IRS, OpenAI Inc., OpenAI’s nonprofit org, disclosed that it awarded a grant to Duke University researchers for a project titled “Research AI Morality.” Contacted for comment, an OpenAI spokesperson pointed to a press release indicating the award […]
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Y Combinator often backs startups that duplicate other YC companies, data shows — it’s not just AI code editors
An analysis of all nearly 5,000 companies YC has backed to date reveals a surprising truth: YC startups don’t have to be unique. Far from it.
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Hyundai and Kia recall 208,000 EVs
Hyundai, Kia, and Genesis are recalling about 208,000 EVs in the United States due to an issue that could cause the vehicles to suddenly lose power, according to several filings with the National Highway Traffic Safety Administration. The recall was first reported by Reuters. The problem originates with the integrated charging control unit (ICCU), which […]
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Money for tech that matters
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. If you’d like to receive this newsletter in your inbox every Friday, sign up here! The week before Thanksgiving is typically busy with announcements of all sorts, but this week has been particularly interesting. Money was flowing to big problems, like defense, cybersecurity, and […]
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Fondo wants to mitigate the American accountant shortage with its AI bookkeeping service
Despite all the talk of doom and gloom about the economy, entrepreneurship is actually on the rise in the U.S.: In 2024, an average of 430,000 new business applications were submitted every month, marking a 50% rise from 2019. But the number of accountants these new businesses will need to maintain their books, file taxes, […]
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LinkedIn co-founder Reid Hoffman warns against Elon Musk’s ‘conflict of interest’ in setting AI policies
Reid Hoffman, co-founder at LinkedIn and Inflection AI, shared his expectations for the incoming Trump administration in an opinion piece for the Financial Times. And while he appears hopeful that President-Elect Donald Trump could clear the way for more competition and faster innovation in the technology industry, Hoffman also expressed concerns around Trump providing certain […]
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How to turn a Bluesky Starter Pack into a List
A new tool for the rapidly growing X competitor Bluesky helps you quickly create new feeds that you can pin to the app’s home page to follow your various interests. If you’re daunted by the prospect of having to rebuild your Twitter/X lists on Bluesky’s app, you can use the Pack2List web app to take […]
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AI chip startup MatX, founded by Google alums, raises Series A at $300M+ valuation, sources say
MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say, less than a year after raising its $25 million seed round. Spark Capital led the investment, valuing the company at a pre-money valuation in the mid-$200 million range and a post-money valuation in […]
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Revolut to launch mortgages, smart ATMs, and business credit products
Revolut, the London-based fintech unicorn, shared a few items on the company’s 2025 roadmap at a corporate event in London on Friday. One of its main focuses for next year will be the introduction of an AI-enabled assistant to help its 50 million customers navigate the financial app, manage their money, and customize the software. […]
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Italian food delivery app Foodinho eats another privacy fine
Not for the first time, food delivery firm Foodinho has been spanked by Italy’s privacy watchdog. Per Reuters, the Glovo-owned on-demand delivery app has been fined €5 million ($5.20 million) after it was found to have unlawfully processed the data of more than 35,000 riders registered on the platform. Issues identified included riders’ geolocation data […]
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EU closes antitrust probe into Apple’s e-book and audiobook rules after complaint withdrawn
The European Commission (EC) has quietly closed a longstanding antitrust investigation into Apple over rules it enforces against third-party e-book and audiobook app developers. The EC opened the probe back in 2020 after receiving complaints over how Apple forced competing e-book and audiobook app developers to use Apple’s own in-app payment system, while also preventing […]
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Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access
EV owners of GM vehicles like the Chevrolet Silverado EV and Cadillac Lyriq will now officially have access to Tesla’s Superchargers.
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Plex redesigns its app to look more like a streaming service
Streaming service and media software maker Plex on Friday introduced a redesign of its software that puts more emphasis on discovery, easily accessing your watchlist, and other personalization features — including those for home media enthusiasts who still use the app to organize their media libraries. Over the years, the company has tried to balance […]
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Taking a cue from X, Threads tests AI-powered summaries of trending topics
As the Twitter-like social network Bluesky sees a significant surge in users this month, Meta’s own X competitor Threads has been rapidly building out its platform. On Friday, Instagram head Adam Mosseri announced that Threads will start testing AI-powered summaries of what people are discussing on the platform in the app’s “Trending now” section in […]
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StoreCash’s new app lets you instantly earn cash back at stores
Daricus Releford always wanted to be a founder. In high school, he ran a hot dog station and in college launched a chocolate-covered strawberry business, making millions in sales before moving to Silicon Valley to pursue his dreams in tech. Entrepreneurship simply runs in his family, he told TechCrunch. “My grandfather was one of the […]
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Anthropic raises another $4B from Amazon, makes AWS its ‘primary’ training partner
Anthropic has raised an additional $4 billion from Amazon, and has agreed to train its flagship generative AI models primarily on Amazon Web Services (AWS), Amazon’s cloud computing division. The OpenAI rival also said it’s working with Annapurna Labs, AWS’ chipmaking division, to develop future generations of Trainium accelerators, AWS’ custom-built chips for training AI […]
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Apple’s mobile browser policies and Google pact are ‘holding back innovation,’ UK regulator says
An inquiry group set up by the U.K.’s antitrust authority has provisionally found that Apple’s policies are “holding back innovation in the browsers we use to access the web on mobile phones.” While the report focuses substantively on Apple, it also highlighted a revenue-sharing agreement with Google, noting that the duo “earn significant revenue” when […]
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Flipkart co-founder Binny Bansal leaves PhonePe’s board
Flipkart co-founder Binny Bansal has stepped down from Indian fintech PhonePe’s board of directors, three quarters after making a similar move at the e-commerce giant. Bengaluru-headquartered PhonePe said it had appointed Manish Sabharwal, an executive at staffing and HR firm Teamlease, as an independent director and audit committee chair. Bansal played a key role in […]
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New UK crypto regulations will include stablecoins and staking services
The U.K. is set to create an all-encompassing regulatory framework to govern the crypto sector in early 2025. Speaking on Thursday at the Tokenisation Summit in London, economic secretary to the treasury Tulip Siddiq confirmed that the new rules would include cryptocurrency and stablecoins, which are pegged against a more stable asset such as a […]
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A company is now developing human washing machines
Forget cold plunge pools. The new flex could soon be human washing machines. According to one of Japan’s oldest newspapers, an Osaka-based shower head maker called Science has developed a contraption that’s shaped like a cockpit, fills with water when a bather sits in a seat at its center, and measures the person’s pulse and […]
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Texas AG opens investigation into advertising group that Elon Musk sued for ‘boycotting’ X
Texas Attorney General Ken Paxton announced on Thursday he is opening an investigation into the World Federation of Advertisers (WFA) to determine whether the trade group’s members conspired to boycott “certain social media platforms.” While the press release doesn’t name social media platforms by name, one of them is likely Elon Musk’s X, which filed […]
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American Airlines is deploying new tech to shame boarding line cutters
American Airlines has a new tactic for shaming boarding line cutters: A loud beeper. CNBC reports that the airline is rolling out a system that emits two loud beeps when a traveler tries to get on an airplane before their boarding group is called. As of Wednesday, the new tech was in over 100 airports […]
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Hackers break into Andrew Tate’s online ‘university,’ steal user data and flood chats with emojis
Hackers have breached an online course founded by ostensible influencer and self-described misogynist Andrew Tate, leaking data on close to 800,000 users, including thousands of email addresses and private user chat logs. The Daily Dot, which broke the news Thursday, reported that the hackers accessed the user data, then flooded the online course’s chatroom with […]
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Apple is reportedly building a more conversational Siri powered by LLMs
Apple is developing a new version of its voice assistant, Siri, powered by advanced large language models (LLMs), according to sources cited by Bloomberg. This more conversational Siri is part of Apple’s attempt to catch up in AI, where competitors have released impressive features, like Google’s Gemini Live, that are far more natural to talk […]
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Future Google supplier Kairos gets approval to build two small nuclear reactors
The reactors are scaled down versions of what Kairos hopes to ultimately build to supply Google with electricity.
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Zepto raises another $350M amid retail upheaval in India
Zepto has secured $350 million in new funding, its third round of financing in six months, as the Indian quick-commerce startup strengthens its position against its competitors ahead of a planned IPO next year. Indian family offices, wealthy individuals, and asset manager Motilal Oswal invested in the round, which maintains Zepto’s $5 billion valuation. Motilal […]
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YouTube Shorts’ Dream Screen feature can now generate AI video backgrounds
YouTube announced on Thursday that its Dream Screen feature for Shorts now lets you create AI-generated video backgrounds. Up until now, Dream Screen could only create image backgrounds. The new capability is possible due to the integration of Google DeepMind’s AI video-generation model, Veo, which can create 1080p video clips in various cinematic styles. Users can […]
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Marissa Mayer just laid out a possible business model for ad-supported AI chatbots
Marissa Mayer has a lot of insights into the promise and problems with online advertising. She played an instrumental role in the early days of Google Search and spent several years as Yahoo’s CEO. Today, Mayer is the CEO of her own company, Sunshine, which is creating apps to do things like share photos among […]
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Battery unicorn Northvolt files for bankruptcy, co-founder and CEO resigns
The company chose Chapter 11 in an effort to right its listing finances.
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Brave Search adds AI chat for follow-up questions after your initial query
Brave announced on Thursday that it’s introducing an AI chat mode for follow-up questions based on initial queries on Brave Search. Earlier this year, the company launched “Answer with AI” summaries that appear above search results after you submit a query to give you an easy-to-read answer in response to a question. Now the Answer […]
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SpaceX signs second commercial deal for Starship lunar lander with Lunar Outpost
As SpaceX’s Starship test program continues to gain momentum, the company signed its second commercial deal to deliver a payload to the moon using a lunar lander variant of the massive vehicle. Starship will deposit Lunar Outpost’s rugged rover, called Eagle, to the lunar surface by 2029, the Colorado-based startup said. Lunar Outpost CEO Justin […]
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Cruise fesses up, Pony AI raises its IPO ambitions, and the TuSimple drama dials back up
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! President-elect Trump has wasted little time picking cabinet members, including naming former Wisconsin Rep. Sean Duffy as the next secretary of transportation. If Duffy’s appointment is confirmed […]
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German fintech unicorn N26 just had its first profitable quarter
Ten years after pitching onstage at TechCrunch Disrupt in London, fintech N26 has reported its first ever quarterly (pretax) profit. The challenger bank with millions of customers across Europe generated a net operating income of €2.8 million during the third quarter of 2024 (or $2.9 million at current exchange rates). This is an important milestone […]
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Teleo wants to help the robotics industry reach its ‘ChatGPT moment’
Teleo describes itself as a construction robotics startup, but its mission is bigger than automating heavy equipment like excavators and tractors. Today, Teleo’s retrofitted machinery allows its customers to operate their existing fleets semi-autonomously. In the future, the startup sees the data it collects as a key enabler for the robotics industry to reach its […]
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WhatsApp rolls out voice message transcripts
WhatsApp announced on Thursday it’s rolling out voice message transcripts. The Meta-owned company says the new feature will come in handy when you’re on the move or in a loud place where you can’t listen to a voice message. A similar feature was announced last year for Apple’s Message app, a top WhatsApp competitor, with […]
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Ai2’s open source Tülu 3 lets anyone play the AI post-training game
Ask anyone in the open source AI community, and they will tell you the gap between them and the big private companies is more than just computing power. Ai2 is working to fix that, first with fully open source databases and models and now with an open and easily adapted post-training regimen to turn “raw” […]
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Crusoe, a rumored OpenAI data center supplier, has secured $686M in new funds, filing shows
Crusoe Energy, a startup building data centers reportedly to be leased to Oracle, Microsoft, and OpenAI, is in the process of raising $818 million, according to an SEC filing. The filing indicates that Crusoe has secured $686 million of the $818 million total that it hopes to raise. Seventy investors have contributed to the tranche […]
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Former X policy chief joins Sam Altman’s Tools for Humanity
X’s former top policy chief has taken a job at Tools for Humanity, the company building the tech to support World Network (formerly Worldcoin). Nick Pickles, previously head of global affairs at X, Elon Musk’s social media platform, will serve as chief policy officer for Tools for Humanity, which OpenAI CEO Sam Altman co-founded five […]
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Apple Pay, Cash App, PayPal and other apps to be treated more like banks
Some digital services look like banks and act like banks, but aren’t banks — meaning they can, for instance, close down your account without notice. Or be difficult to contact when you want to dispute fraud. This is about to change: the U.S. Consumer Financial Protection Bureau (CFPB) has just ruled that all digital services […]
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Threads adjusts its algorithm to show you more content from accounts you follow
After several complaints about its algorithm, Meta’s X competitor Instagram Threads is making changes that will allow it to surface more content from people you follow in the algorithmic feed. Instagram head Adam Mosseri said in a Threads post that the social network has adjusted its algorithm to show less content from accounts you don’t […]
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WordPress.com owner Automattic snaps up grammar checker Harper
WordPress.com owner Automattic has added another company to its portfolio of online content creation tools and services with its acquisition of Grammarly competitor, Harper. Although it’s competing in the same space as the popular grammar checker used by many online writers, Harper’s tool is aimed at developers, open source, and works to maintain privacy by […]
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FCC chair Jessica Rosenworcel agrees to step down
Jessica Rosenworcel, the first woman to serve as permanent chair on the FCC, said Wednesday that she’ll step down from the agency when Donald Trump assumes the presidency. Rosenworcel joined the FCC in 2012, and was behind a number of efforts to transform the agency charged with regulating the U.S. telecommunications industry. She pushed for […]
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Spotify tests a video feature for audiobooks as it ramps up video expansion
Spotify is enhancing the audiobook experience for premium users through three new experiments: video clips, author pages, and the ability to add visuals that appear while users listen. These initiatives are part of Spotify’s effort to improve its audiobook offering and bring listeners closer to their favorite authors and stories. One notable feature being introduced […]
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Wiz acquires Dazz for $450M to expand its cybersecurity platform
Wiz, one of the most talked-about names in the world of cybersecurity, is making a significant acquisition to expand its product reach in cloud security, particularly with developers. It is buying Dazz, a specialist in security remediation and risk management, and according to sources familiar with the matter, this is a cash-and-share deal valued at […]
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Palo Alto Networks warns hackers are breaking into its customers’ firewalls — again
Hackers have compromised potentially thousands of Palo Alto customers by exploiting two new zero-day vulnerabilities
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Candela brings its P-12 electric ferry to Tahoe and adds another $14M to build more
Electric passenger boat startup Candela has topped off its most recent raise with another $14 million, the company announced Thursday, and has sold the first of its ferries in the U.S. — bound for Lake Tahoe. Candela makes a series of all-electric hydrofoiling watercraft, meaning the body of the boat rises above the surface of […]
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Tubi hops on the short-form video bandwagon with its ‘Scenes’ feature
Tubi, the free ad-supported streaming service owned by Fox, has unveiled a new feature designed to set it apart from its rivals, such as Pluto TV and the Roku Channel, as well as put it in closer competition with short-form video-sharing platforms like Instagram Reels, TikTok, and YouTube Shorts. Called “Scenes,” the feature allows viewers […]
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Lightning looks to make managing AI a piece of cake
AI may be the hottest thing since sliced bread. But that doesn’t mean it’s getting easier to develop and run. According to a recent Boston Consulting Group poll, 74% of organizations are struggling to derive value from their AI investments. William Falcon, the creator of PyTorch Lightning, a popular open source AI framework, says that […]
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OneRail’s software helps solve the last-mile delivery problem
Last-mile delivery, the very last step of the delivery process, is a common pain point for companies. According to one survey, nearly 90% of retailers struggle with their last-mile delivery operations, either because of technical issues, costs, or a combination of both. Bill and Lisa Catania understand this well. The husband-and-wife team founded OneRail, a […]
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Blue Bear Capital lands $160M to back AI founders in climate, energy, and industry
The new fund swims against the prevailing currents in its sector, where funds that invest in hardware or a mix of hardware and software tend to dominate.
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Bill to ban social media use by under-16s arrives in Australia’s parliament
Legislation to ban social media for under 16s has been introduced in the Australian parliament. The country’s Prime Minister, Anthony Albanese, confirmed the plan to curb the use of social media by kids earlier this month, and the bill has now been presented to lawmakers, Reuters reports. Many jurisdictions will be watching the proceedings with interest, […]
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Lighthouse, an analytics provider for the hospitality sector, lights up with $370M at a $1B valuation
We have yet another sign of the boom in the travel industry: a major fundraise by one of the B2B startups serving the space. Lighthouse, a data analytics platform for hotels and others in the hospitality industry, has closed a Series C round of $370 million. The KKR-led round catapults Lighthouse to a valuation of […]
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DOJ: Google must sell Chrome to end monopoly
The United States Department of Justice argued Wednesday that Google should divest its Chrome browser as part of a remedy to break up the company’s illegal monopoly in online search, according to a filing with the U.S District Court of the District of Columbia. Ultimately, it will be up to District Court Judge Amit Mehta […]
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WhatsApp will finally let you unsubscribe from business marketing spam
WhatsApp Business has grown to over 200 million monthly users over the past few years. That means there are tons of businesses sending messages to users — and some of these messages could be considered as spam. For customers, the only option was to either let them send messages and offers, or block the business account […]
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OneCell Diagnostics bags $16M to help limit cancer reoccurrence using AI
OneCell Diagnostics has secured $16 million in a Series A round as it aims to limit cancer recurrence using AI advancements along with scientific ways.
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India’s Arzooo, once valued at $310M, sells in distressed deal
Arzooo, an Indian startup that sought to bring “the best of e-commerce” to physical stores, has sold its assets in a distressed sale to Moksha Group. The deal comes after Arzooo engaged with several startups, including Bengaluru-headquartered Udaan, exploring potential merger opportunities, according to people familiar with the matter. Arzooo provided a digital bridge to […]
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OpenAI accidentally deleted potential evidence in NY Times copyright lawsuit (updated)
Lawyers for The New York Times and Daily News, which are suing OpenAI for allegedly scraping their works to train its AI models without permission, say OpenAI engineers accidentally deleted data potentially relevant to the case. Earlier this fall, OpenAI agreed to provide two virtual machines so that counsel for The Times and Daily News […]
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Hyundai reveals the Ioniq 9, its biggest EV to date
Hyundai revealed Wednesday the new Ioniq 9, an all-electric three-row SUV — and its largest EV to date — based on the Seven concept that we saw in 2021. (Look, nobody said car-naming protocol had to make sense.) The SUV, which made its debut at the Los Angeles Auto Show and will come to the […]
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Nvidia’s CEO defends his moat as AI labs change how they improve their AI models
Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday, but that did little to assure investors that its rapid growth would continue. On its earnings call, analysts prodded CEO Jensen Huang about how Nvidia would fare if tech companies start using new methods to improve […]
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Snowflake snaps up data management company Datavolo
Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum. Snowflake unveiled the deal at the close of the market bell on Wednesday, when it also announced its Q3 2025 earnings. The purchase hasn’t yet closed, and it’s subject to customary closing conditions, Snowflake noted in a release. […]
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Solar power magnate Gautam Adani and others indicted over alleged $250M bribery scheme
Billionaire Gautam Adani and several executives at his company, the Indian conglomerate Adani Group, have been indicted over an alleged scheme to pay more than $250 million in bribes to Indian officials in exchange for contracts to a 12 gigawatt solar power project. The indictment, unsealed Wednesday in federal court in Brooklyn, charges Adani, his […]
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‘PDF to Brainrot’ study tools are a strange iteration on a TikTok trend
Several AI-based study tools are capitalizing on a “PDF to Brainrot” trend, which will read the text of a document you upload over “oddly satisfying” videos, like ASMR clips of mixing paint and cutting soap, or gameplay footage from Minecraft and Subway Surfers. Then students can listen to an automated voice read their textbooks to […]
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Fusion startup Tokamak Energy attracts $125M for its egg-like reactor design
Startups pursuing fusion power have benefitted from AI's insatiable thirst for electricity.
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IMAX embraces AI to expand original content reach
