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2025-04-04 05:01:36

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Midjourney, one of the earliest AI image-generating services on the web, has released its first new AI image model in nearly a year. Dubbed V7, the model, which began rolling out in alpha around midnight Eastern on Friday, comes a week after OpenAI debuted a new image generator in ChatGPT that quickly went viral for […]
https://techcrunch.com/2025/04/03/midjourney-releases-its-first-new-ai-image-model-in-nearly-a-year/

2025-03-26 18:07:46

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One academic who reviewed the dataset said it was "clear evidence" that China, or its affiliates, wants to use AI to improve repression.
https://techcrunch.com/2025/03/26/leaked-data-exposes-a-chinese-ai-censorship-machine/

2025-01-10 14:05:28

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Developers Max Brodeur-Urbas and Rahul Behal think that AI has the potential to automate lots of business-relevant tasks, but that many of the AI-powered automation tools on the market today are unreliable and costly. Part of the problem is that users expect too much of AI, Brodeur-Urbas told TechCrunch — for instance, they assume that […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2025/01/10/gumloop-founded-in-a-bedroom-in-vancouver-lets-users-automate-tasks-with-drag-and-drop-modules/

2025-01-10 02:29:51

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As wildfires rage for the third consecutive day through parts of Los Angeles, now including the Hollywood Hills, several neighborhoods have been forced to evacuate for safety purposes. But on Thursday afternoon, a wildfire evacuation alert was mistakenly sent to the smartphone of every resident in Los Angeles County, a region with more than 9 […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2025/01/09/every-smartphone-in-la-accidentally-received-a-wildfire-evacuation-alert/

2024-12-19 15:16:01

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Tesla is evaluating multiple Texas cities where it wants to test a long-promised robotaxi service, including Austin, according to emails obtained by Bloomberg News. An employee has apparently been in touch with Austin officials since May, and recently held an event in December to “train first responders on how to best work with Tesla’s autonomous […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/12/19/tesla-is-courting-texas-cities-to-test-its-promised-robotaxi-service/

2024-12-13 00:00:25

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Meta is open sourcing a method to watermark AI-generated videos. Called Meta Video Seal, the company says it's robust against compression and edits. © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/12/12/meta-releases-a-tool-for-watermarking-ai-generated-videos/

2024-11-23 15:03:22

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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.
https://techcrunch.com/2024/11/23/the-rise-and-fall-of-the-scattered-spider-hackers/

2024-11-19 17:32:49

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The open source funding problem is very real, but a slew of initiatives have emerged of late, with startups, corporations, and venture capitalists launching various programs to support some of the most critical projects via equity-free financing. Today it’s GitHub’s turn, launching the GitHub Secure Open Source Fund with an initial commitment of $1.25 million […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/11/19/github-launches-1-25m-open-source-fund-with-a-focus-on-security/

2024-11-19 13:32:31

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At its annual Ignite conference, Microsoft on Tuesday announced the Azure AI Foundry, a new offering that brings together a number of Microsoft’s existing AI services for enterprises under a single umbrella. Azure AI Studio, Microsoft’s hub for building generative AI-based applications, is the management console and portal for the AI Foundry. “Business leaders are […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/11/19/microsoft-brings-together-its-enterprise-ai-offerings-in-the-azure-ai-foundry/

2024-11-19 13:32:31

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Quantum computing is getting there. After years of slow but steady development to create a useful quantum computer that can outperform classical machines, we’re still squarely in the so-called “noisy intermediate-scale quantum era.” However, many of the pieces needed for building more advanced — and stable — machines are starting to fall into place now. […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/11/19/microsoft-and-atom-computing-will-launch-a-commercial-quantum-computer-in-2025/

2024-11-19 13:32:30

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If Windows in mixed reality sounds like your idea of a good time, rejoice. Microsoft said on Tuesday at Microsoft Ignite 2024 it’s bringing the “full capabilities” of Windows 11 to the Meta Quest 3 and Quest 3S in December as part of a public preview. “Full capabilities,” in this context, means that you’ll be […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/11/19/microsoft-is-bringing-windows-11-to-the-meta-quest/

2024-11-19 13:32:22

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Quantum computing is getting there. After years of slow but steady development to create a useful quantum computer that can outperform classical machines, we’re still squarely in the so-called “noisy intermediate-scale quantum era.” However, many of the pieces needed for building more advanced — and stable — machines are starting to fall into place now. […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/11/19/microsoft-and-atom-computing-will-launch-a-commercial-quantum-computer-in-2025/

2024-11-17 18:02:52

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Only two companies currently provide cargo delivery to and from the International Space Station, and both are based in the United States. The Exploration Company, which operates out of Germany, France, and Italy, is looking to change that: It just closed a large funding round to further its mission of building Europe’s first reusable space […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/11/17/the-exploration-company-raises-160m-to-build-europes-answer-to-spacex-dragon/

2024-11-17 18:02:48

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Only two companies currently provide cargo delivery to and from the International Space Station, and both are based in the United States. The Exploration Company, which operates out of Germany, France, and Italy, is looking to change that: It just closed a large funding round to further its mission of building Europe’s first reusable space […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/11/17/the-exploration-company-raises-160m-to-build-europes-answer-to-spacex-dragon/

2024-11-16 21:45:48

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Viewers have been talking about Friday evening’s boxing match between Mike Tyson and Jake Paul — but probably not for the reasons Netflix was hoping. Yes, the 27-year-old Paul (a YouTuber turned professional boxer) defeated the 58-year-old Tyson (a former heavyweight champion who came out of retirement for this match) in eight rounds, but the […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/11/16/jake-paul-vs-mike-tyson-fight-shows-netflix-still-struggles-with-live-events/

2024-11-16 21:29:57

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This is the ninth known cyberattack to target T-Mobile in recent years, according to an ongoing count by TechCrunch. © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/11/16/t-mobile-hack-linked-to-chinese-breaches-of-telecom-networks/

2024-10-29 04:40:01

Krafton backs IMM Investment’s maiden India fund
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The India unit of gaming firm Krafton has backed IMM Investment’s maiden India fund as an anchor limited partner as the battle royale BGMI-maker broadens its investment bets in the South Asian market. Seoul-based IMM Investment, an early backer of Krafton and roughly half of South Korea’s unicorn startups, has made the first close for […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/28/krafton-backs-imm-investments-maiden-india-fund/

2024-10-27 19:05:01

The next Mac mini might be nearly as small as an Apple TV
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The Mac mini will be getting an upgrade this week, according to Bloomberg’s Mark Gurman. The mini is Apple’s desktop computer (really just a small gray box) positioned between the consumer iMac and the company’s professional-grade desktops. The new mini is reportedly getting smaller — nearly the size of an Apple TV set-top box. It […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/27/the-next-mac-mini-might-be-nearly-as-small-as-an-apple-tv/

2024-10-26 00:10:01

McDonald’s broken ice cream machines could get fixed faster thanks to new federal rule
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McDonald’s ice cream machines have developed a lousy reputation for being broken when you visit the restaurant, largely due to strict copyright laws that only permit specially licensed technicians to legally repair them. The manufacturers have to license each technician, and they put locks on the McFlurry machines to prevent others from repairing them. However, […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/25/mcdonalds-broken-ice-cream-machines-could-get-fixed-faster-thanks-to-new-federal-rule/

2024-10-25 23:20:01

NAACP launches $200 million fund of funds
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The NAACP announced today NAACP Capital, a $200 million fund of funds to back fund managers focused on issues that impact people of color. The fund was conceived in partnership with Kapor Capital and Kapor Center, along with nine other venture fund managers. Last year, Crunchbase found that Black founders raised less than 1% of […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/25/naacp-launches-200-million-fund-of-funds/

2024-10-25 16:30:02

Classic Christmas song gets authorized Spanish reworking thanks to ‘responsible’ AI
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In the decades following its 1958 release, Brenda Lee’s rockabilly-tinged “Rockin’ Around the Christmas Tree” has attained status as an all-time holiday classic. Sixty-six years later, it’s getting a Spanish language rework courtesy of “responsible” AI. Universal on Friday announced the release of “Noche Buena y Navidad,” which utilized SoundLabs AI’s MicDrop technology to reconstruct […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/25/classic-christmas-song-gets-authorized-spanish-reworking-thanks-to-responsible-ai/

2024-10-25 14:25:04

Perplexity says it’s now serving 100M search queries a week
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Aravind Srinivas, the CEO of Perplexity, says that the AI-powered search engine is now performing 100 million queries each week. Extrapolated out to a month, that’s roughly 400 million queries — up from 250 million queries in July. Perplexity’s rapid rise comes as the company teases ecommerce features, including the ability for subscribers to its […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/25/perplexity-says-its-now-serving-100m-search-queries-a-week/

2024-10-25 13:40:02

Elon Musk reportedly chats often with Putin
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Tesla and SpaceX CEO Elon Musk has been in regular contact with Russian president Vladimir Putin since late 2022. That’s according to The Wall Street Journal, which reports that the conversations have raised national security concerns among some intelligence officials. At one point, Putin reportedly asked Musk to avoid activating Starlink, his satellite-based internet service, […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/25/elon-musk-reportedly-chats-often-with-putin/

2024-10-25 02:45:01

OpenAI reportedly plans to release its Orion AI model by December
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OpenAI is reportedly planning to release its next frontier AI model, codenamed Orion inside the company, by December of this year, The Verge reported on Thursday. Unlike previous releases, the company reportedly plans to release the model gradually to trusted partners before a broader rollout through ChatGPT. An OpenAI spokesperson tells TechCrunch the report is […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/24/openai-reportedly-plans-to-release-its-orion-ai-model-by-december/

2024-10-24 23:55:01

TikTok accounts are becoming divorce fodder
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When Kat and Mike Stickler divorced, their biggest challenge was dividing a shared TikTok account with millions of followers that generated significant income, and they aren’t alone, reports the WSJ. A growing number of couples — and divorce attorneys — are grappling with how to assess the value of social media accounts when a couple […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/24/tiktok-accounts-are-becoming-divorce-fodder/

2024-10-24 21:00:02

UnitedHealth says Change Healthcare data breach affects over 100 million people in America
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Health insurance giant UnitedHealth blamed a ransomware gang for the data breach that included a substantial proportion of America's health data. © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/24/unitedhealth-change-healthcare-hacked-millions-health-records-ransomware/

2024-10-24 16:15:01

Apple Vision Pro production reportedly scaled back due to disappointing demand
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Apple has dramatically scaled back Vision Pro production, according to a new report from The Information. The news comes days after CEO Tim Cook admitted in an interview that the $3,500 mixed reality headset is for early adopters and “not a mass-market product.” The production slowdown is believed to be a response to disappointing sales, […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/24/apple-vision-pro-production-reportedly-scaled-back-due-to-disappointing-demand/

2024-10-24 14:35:03

New White House memo calls for agencies to protect AI from foreign adversaries
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President Joe Biden on Thursday is expected to sign a memorandum detailing how intelligence and national security agencies, including the Pentagon, should use and implement guardrails around AI, reports The New York Times. The order urges keeping humans “in the loop” of AI tools that may be used as targeting weapons, and prohibits letting AI […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/24/new-white-house-memo-calls-for-agencies-to-protect-ai-from-foreign-adversaries/

2024-10-24 04:05:01

X’s India revenue falls 90%, filing shows
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X revenue in India plummeted 89.8% to $2.51 million in the financial year ending March, according to regulatory filings from the Elon Musk-owned social network. The company, which had posted revenue of $24.7 million in the previous fiscal year, also significantly reduced its expenses in India to $2.2 million from $20 million year-over-year, the filing […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/23/xs-india-revenue-falls-90-filing-shows/

2024-10-23 22:35:01

Bessemer, Index, and a16z alum launch VC firm Chemistry
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New VC firm Chemistry raised $350 million for its debut fund, Forbes reported on Wednesday. The firm was launched by Mark Goldberg, former partner at Index Ventures; Kristina Shen, former general partner at Andreessen Horowitz; and Ethan Kurzweil, former partner at Bessemer (pictured above in that order). Axios first reported in April that the three […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/23/bessemer-index-and-a16z-alum-launch-vc-firm-chemistry/

2024-10-23 20:45:03

Beleaguered startup Humane drops AI Pin price by $200
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Humane on Wednesday announced a $200 price cut to its flagship product, the AI Pin. The Bay Area startup, founded by two former Apple executives, has reportedly struggled to sell the product, which launched in April for $700. In a message sent to its email list, Humane highlights its return policy in the new pitch. […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/23/beleaguered-startup-humane-drops-ai-pin-price-by-200/

2024-10-23 18:05:02

Arm reportedly cancels Qualcomm design license
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In a move that could profoundly affect an already beleaguered global supply chain, Arm has reportedly issued Qualcomm a 60-day notice of cancelation for chip design licensing. The move, reported by Bloomberg, would have an impact on a majority of smartphone manufacturers who rely on Qualcomm chips. U.K.-based Arm, which licenses chip architecture, issued the […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/23/arm-reportedly-cancels-qualcomm-design-license/

2024-10-23 17:35:02

Wayve starts testing its buzzy end-to-end self-driving tech in the U.S.
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Buzzy, well-funded U.K. startup Wayve is starting to test its self-learning automated driving software in San Francisco, and it’s celebrating that entry into the U.S. by also opening an office in Sunnyvale, CA. Wayve says it will start by testing a more limited version of its automated driving system — which is self-learning versus rules-based, […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/23/wayve-starts-testing-its-buzzy-end-to-end-self-driving-tech-in-the-u-s/

2024-10-23 13:40:01

Lawsuit blames Character.AI in death of 14-year-old boy
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Character.AI has been sued after the suicide of a 14-year-old Florida boy whose mother says he became obsessed with a chatbot on the platform. According to The New York Times, Sewell Setzer III, a ninth grader from Orlando, had spent months talking to chatbots on Character.AI’s AI role-playing app. Setzer developed an emotional attachment to […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/23/lawsuit-blames-character-ai-in-death-of-14-year-old-boy/

2024-10-23 03:50:01

India’s Paytm wins approval to resume payments growth
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Paytm, a leading Indian financial services firm, has received regulatory approval to resume adding new UPI payments users, following an eight-month restriction on many of its operations. UPI, which processes over 15 billion monthly transactions, dominates India’s online payments. Walmart-owned PhonePe and Google Pay process about 87% of UPI transactions, whereas Paytm’s market share has […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/22/paytm-wins-approval-to-resume-payments-growth/

2024-10-22 20:20:00

Lending fintech SoLo Funds faces class-action lawsuit
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Fintech lending startup SoLo Funds is facing a new class action lawsuit according to a copy seen by TechCrunch. © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/22/lending-fintech-solo-funds-faces-class-action-lawsuit/

2024-10-22 17:45:01

OpenAI hires its first chief economist
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OpenAI has hired its first chief economist: Aaron Chatterji, formerly the chief economist at the Commerce Department under President Joe Biden and a senior economist in President Barack Obama’s Council of Economic Advisers. Chatterji, who’s also a professor of business and public policy at Duke, will study AI’s economic impacts at OpenAI, leading research into how […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/22/openai-hires-its-first-chief-economist/

2024-10-22 15:55:02

Thousands of creatives sign petition against AI data scraping
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What do the actor Kevin Bacon, the novelist Kazuo Ishiguro, the musician Robert Smith, and the journalist and historian Sidney Blumenthal have in common? They are among the 11,500 signatories of a petition against unlicensed use of creative works for AI training. “The unlicensed use of creative works for training generative AI is a major, […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/22/thousands-of-creatives-sign-petition-against-ai-data-scraping/

2024-10-22 13:25:02

Marc Andreessen says AI model makers are in ‘race to the bottom’ and it’s not good for business
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Marc Andreessen, general partner at VC firm Andreessen Horowitz, was on stage at the Ray Summit conference earlier this month, talking about AI. CFO.com has pulled out the best quotes so you don’t have to watch the full interview. “Maybe all of these companies are in a race to the bottom,” Andreessen said when talking […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/22/marc-andreessen-says-ai-model-makers-are-in-a-race-to-the-bottom-and-its-not-god-for-business/

2024-10-22 09:03:00

Tim Cook’s other job
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In May, while unveiling the newest iPad at an Apple event, CEO Tim Cook wore a custom-made, one-of-a-kind pair of Nike sneakers whose decorative stitching included the words “Made on iPad.” It wasn’t just a collab between Apple and Nike. As Bloomberg reminds readers, Cook has been on Nike’s board since 2005, when Cook was […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/21/tim-cooks-other-job/

2024-10-22 09:02:31

Meta suspends accounts tracking private jets of Elon Musk, Mark Zuckerberg, and other celebrities
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Instagram and Threads accounts that track the private jets of celebrities – including Mark Zuckerberg, Elon Musk, Kim Kardashian, Bill Gates, Jeff Bezos, and Kylie Jenner – were suspended on Monday, according to the owner of many such accounts, Florida college student, Jack Sweeney. Links to Instagram/Threads accounts tracking the flights of former President Donald […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/21/meta-suspends-accounts-tracking-private-jets-of-elon-musk-mark-zuckerberg-and-other-celebrities/

2024-10-22 09:00:19

Meta’s smart glasses outsell traditional Ray-Bans in some stores, even before AI features roll out
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The Ray-Ban Meta smart glasses are the top selling product in 60% of all Ray-Ban stores throughout Europe, the Middle East, and Africa, according to Upload VR. The detail came from EssilorLuxottica CFO Stefano Grassi, who revealed during the eyewear giant’s earnings call last week that Ray-Ban Meta proved to be a significant driver for […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/21/metas-smart-glasses-outsell-traditional-ray-bans-in-some-stores-even-before-ai-features-roll-out/

2024-10-21 20:30:02

‘Blade Runner 2049’ producer accuses Musk and Tesla of circumventing copyright with AI imagery
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In an interesting variation of the usual “stop stealing our stuff” lawsuit already deployed dozens of times against AI companies, today brings a more nuanced form of alleged theft. Alcon Entertainment, a production company behind “Blade Runner 2049,” is suing Tesla, Elon Musk, and Warner Bros Digital for what they claim is a willful circumvention […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/21/blade-runner-2049-producer-accuses-musk-and-tesla-of-circumventing-copyright-with-ai-imagery/

2024-10-21 09:10:00

Groww pays $160M tax as it returns to India amid a startup relocation wave
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Indian stock trading and mutual fund startup Groww paid $159.4 million in taxes as it shifted its domicile from the U.S. back to India, the company said in a statement on Monday. Nearly a dozen Indian startups are in the process of relocating their headquarters to India from the U.S. and Singapore to better comply […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/21/groww-pays-160m-tax-as-it-returns-to-india-amid-a-startup-relocation-wave/

2024-10-20 21:25:00

Perplexity is reportedly looking to fundraise at an $8B valuation
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AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at an $8 billion valuation, according to the Wall Street Journal. If a deal happens with those terms, it would more than double Perplexity’s valuation from its $3 billion valuation when it raised from SoftBank over the summer. The WSJ […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/20/perplexity-is-reportedly-looking-to-fundraise-at-an-8b-valuation/

2024-10-20 17:30:01

Lyft is working on a ‘service animal opt-in feature’ for passengers
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Uber and Lyft need to do more to support disabled passengers, especially those who are blind or visually impaired, according to protesters who gathered outside the companies’ headquarters on October 15. Wired spoke to protesters who shared stories about drivers passing them by or refusing to let them bring their guide dogs on a ride. […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/20/lyft-is-working-on-a-service-animal-opt-in-feature-for-passengers/

2024-10-19 21:45:01

Former OpenAI CTO Mira Murati is reportedly fundraising for a new AI startup
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Mira Murati, the OpenAI CTO who announced her departure last month, is raising VC funding for a new AI startup, according to Reuters. This startup will reportedly focus on building AI products based on proprietary models and could raise more than $100 million in this round. At the time of her departure, Murati wrote on […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/19/former-openai-cto-mira-murati-is-reportedly-fundraising-for-a-new-ai-startup/

2024-10-19 18:30:01

Penguin Random House is adding an AI warning to its books’ copyright pages
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Penguin Random House, the world’s largest trade publisher, will be adding language to the copyright pages of its books to prohibit the use of those books to train AI. The Bookseller reports that new books and reprints of older titles from the publisher will now include the statement, “No part of this book may be […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/19/penguin-random-house-is-adding-an-ai-warning-to-its-books-copyright-pages/

2024-10-18 16:10:01

Microsoft could end up with substantial equity in the restructured, for-profit OpenAI
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How much equity in OpenAI will Microsoft get once the former becomes a for-profit company? That’s the multi-billion-dollar question — one the two parties are racing to answer ahead of two-year deadline. The Wall Street Journal reports that both Microsoft and OpenAI have hired investment banks to negotiate Microsoft’s equity — which could be substantial. […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/18/microsoft-could-end-up-with-substantial-equity-in-the-restructured-for-profit-openai/

2024-10-18 06:45:00

The surprising way OpenAI could reportedly get out of its pact with Microsoft
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The New York Times on Thursday published a look at the “fraying” relationship between OpenAI and its investor, partner, and, increasingly, rival, Microsoft, reporting their five-year romance has cooled owing to financial pressure on OpenAI, the amount of computing power Microsoft is providing OpenAI, and disagreements between the two about ground rules. Most fascinating perhaps […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/17/the-surprising-way-openai-could-get-out-of-its-pact-with-microsoft/

2024-10-18 01:25:01

Amazon indicates employees can quit if they don’t like its return-to-office mandate
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AWS CEO Matt Garman has harsh words for remote workers: return to the office or quit. The Amazon executive recently told employees who don’t like the new five-day in-person work policy that, “there are other companies around,” presumably companies they can work for remotely, Reuters reported on Thursday. Amazon’s top boss, Andy Jassy, told employees […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/17/amazon-indicates-employees-can-quit-if-they-dont-like-its-return-to-office-mandate/

2024-10-17 22:50:01

General Catalyst reportedly to back Saudi Arabian startup
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Despite Saudi Arabia’s record of human rights abuses, some investors are warming up to investing in the country’s startups. General Catalyst is planning to invest in a Saudi Arabia-based fintech startup, Lean Technology, the firm’s first investment in the Middle Eastern nation, the Information reported. Other Saudi Arabian startups that US-based investors recently backed include […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/17/general-catalyst-reportedly-to-back-saudi-arabian-startup/

2024-10-17 21:55:01

Stripe in talks to acquire Bridge for $1 billion
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Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes. The talks are reportedly in advanced stages, although nothing has been finalized. Bridge, cofounded by Coinbase alumni Zach Abrams and Sean Yu, has built an API that helps companies accept stablecoins. The pair raised $58 million from investors […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/17/stripe-in-talks-to-acquire-bridge-for-1-billion/

2024-10-17 20:05:02

All mobile phones must be hearing aid compatible under new FCC rules
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The FCC Thursday issued rules requiring that all mobile phones — including smartphones — sold in the U.S. be compatible with hearing aids. The news comes two years after the FDA made hearing aids available to all Americans without a prescription. The FCC has not yet issued a specific timeline for compliance, only noting that […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/17/all-mobile-phones-must-be-hearing-aid-compatible-under-new-fcc-rules/

2024-10-17 16:00:01

French court blocks porn sites over age verification for child protection
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The Paris Court of Appeal ordered some pornography websites to be blocked on Thursday over failure to implement robust age verification systems that are capable of preventing minors from accessing the adult content, Politico reports. Porn sites Tukif and Xhamster were among several adult websites subject to the order. The sites have been given 15 […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/17/french-court-blocks-porn-sites-over-age-verification-for-child-protection/

2024-10-17 12:25:01

India’s central bank orders Sachin Bansal’s Navi to halt loans
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India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, citing excessive interest rates and regulatory breaches. The Reserve Bank of India said (PDF) the firms violated rules on pricing, income assessment, and asset classification. This action follows months of warnings about responsible lending practices, it […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/17/indias-central-bank-orders-sachin-bansals-navi-to-halt-loans/

2024-10-16 16:45:02

Are Cybertrucks too angular for Europe?
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Tesla’s Cybertruck is facing blowback in Europe, particularly over pedestrian safety concerns. Euro NCAP, a voluntary but influential car safety assessment program in Europe, has not in any way tested the Cybertruck, but based on a visual assessment alone, raised alarms over its sharp, angular design, saying it could pose a serious threat to pedestrians. […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/16/are-cybertrucks-too-angular-for-europe/

2024-10-16 10:30:02

Doctors complain of IT ‘in the stone age’
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The United Kingdom’s NHS — the world’s largest public health service — is working on creaking IT infrastructure. In any sector, that’s a ticking time bomb. But when you consider that the NHS holds medical records for nearly 67 million people, a breach of that system could become a meltdown. This article from the Financial […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/10/16/doctors-complain-of-it-in-the-stone-age/