Wednesday, July 31, 2024

OpenAI pledges to give U.S. AI Safety Institute early access to its next model

OpenAI CEO Sam Altman says that OpenAI is working with the U.S. AI Safety Institute, a federal government body that aims to assess and address risks in AI platforms, on an agreement to provide early access to its next major generative AI model for safety testing. The announcement, which Altman made in a post on […]

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Meta says India is the largest market for Meta AI usage

WhatsApp’s massive 500 million user in India has supercharged Meta’s AI ambitions. Meta CFO Susan Li said Wednesday that India is the largest market in terms of Meta AI usage, a notable milestone considering the product launched in India just a few months ago. Li said during Meta’s second-quarter earnings call that people have used […]

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Founder behind social media app IRL charged with fraud

While venture capitalists and the rest of the technorati are off on holiday or attending the Paris Olympics, the U.S. Securities and Exchange Commission and its staff attorneys are keeping busy this summer.  For the second time this week — and at least the fourth time in the past several months — the SEC has […]

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Fintech Execs from Synctera, Unit, and Treasury Prime discuss the future of BaaS at TechCrunch Disrupt 2024 

The serious, long-term negative impact of the bankruptcy of banking-as-a-service (BaaS) fintech Synapse will be significant “on all of fintech, especially consumer-facing services,” one observer has said. In the wake of that company’s collapse, other startups in the space are working hard to prove that not all BaaS are created equal. As partners to fintechs, […]

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Google releases new ‘open’ AI models with a focus on safety

Google has released a trio of new, “open” generative AI models that it’s calling “safer,” “smaller” and “more transparent” than most — a bold claim, to be sure. They’re additions to Google’s Gemma 2 family of generative models, which debuted back in May. The new models, Gemma 2 2B, ShieldGemma and Gemma Scope, are designed […]

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Over 100 VCs pledge support for Kamala Harris

More than 100 VCs, including Reid Hoffman, Vinod Khosla and Mark Cuban have pledged to vote for Vice President Kamala Harris in the upcoming U.S. presidential election. Mobilizing under the group VCsForKamala, the VCs are also soliciting donations for Harris’ campaign. But the organizers say the effort isn’t meant to align with any one political […]

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Bumble and Hinge allowed stalkers to pinpoint users’ locations down to 2 meters, researchers say

Badoo, Bumble, Grindr, happn, Hinge and Hily all had the same vulnerability that could have helped a malicious user to identify the near-exact location of another user, according to the researchers.

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Fintech giant Stripe keeps on buying

Welcome to TechCrunch Fintech! This week, we’re looking at Stripe’s easy-peasy acquisition, the role fintech played in Clio’s latest raise, the latest with digital banking startup Mercury, and more.  To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big […]


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Tuesday, July 30, 2024

OpenAI endorses Senate bills that could shape America’s AI policy

A lot of AI bills are flying around Congress these days, and OpenAI is throwing its weight behind some of them. OpenAI endorsed three Senate bills on Tuesday which could shape the federal government’s stance on artificial intelligence. One of the bills – the Future of AI Innovation Act – would formally authorize the United […]

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Tiger Global partner Alex Cook to leave firm, sources say

Alex Cook, a partner at Tiger Global who oversaw some of its largest fintech investments, is departing the firm after a tenure of nearly seven years, three people familiar with the matter told TechCrunch.  Cook has briefed multiple people around him about his departure news in recent days, although he hasn’t explained why he was […]

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Lineaje raises $20M to help organizations combat software supply chain threats

The software supply chain faces threats from all sides. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack, with 54% having experienced one within the past year. Supply chain attacks typically target services from third-party vendors or open source software that make up a […]

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Controversial internet bill KOSA passed by Senate

The Kids Online Safety Act (KOSA) has passed in the Senate after Majority Leader Chuck Schumer (D-NY) pushed the internet bill to a vote. Proposed in 2022, KOSA requires that online platforms take reasonable steps to protect users from harm, and could become the most significant children’s online safety legislation to take effect since COPPA. […]

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OpenAI releases ChatGPT’s hyper-realistic voice to some paying users

OpenAI began rolling out ChatGPT’s Advanced Voice Mode on Tuesday, giving users their first access to GPT-4o’s hyper-realistic audio responses. The alpha version will be available to a small group of ChatGPT Plus users today, and OpenAI says the feature will gradually roll out to all Plus users in the fall of 2024. When OpenAI […]

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Spotify expands lyrics access for free users

Back in May, Spotify quietly started putting lyrics behind a paywall, limiting free users to lyrics for three songs per month. The move was a bid to push more users to pay for the service. After receiving numerous complaints, the company is now expanding the monthly limit. Starting today, Spotify is raising the limit on […]

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Airtable acquihires onboarding startup Dopt for AI talent

Airtable today announced that it has acquired Dopt, a startup focused on helping other startups build product onboarding experiences for new users. Earlier this year, Dopt introduced a number of features that helped users add AI-based assistance tools to their respective services — those are the main reason Airtable is now acquiring the company. The […]

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Friend’s $99 necklace uses AI to help combat loneliness

AI hardware is all the rage in startup land — though receptions have thus far been mixed. Two notable examples, Rabbit and Humane, released devices to disappointing results. a16z-backed Limitless and Exor-backed Bee AI, meanwhile, are working on their own screenless AI wearables. Avi Schiffmann, a Harvard dropout who built a Webby Award-winning website tracking […]

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Egypt’s Cartona raises $8.1M even as investors pull back from B2B e-commerce in Africa

When Egyptian B2B e-commerce platform Cartona last raised money in 2022, global and local investors were eager to invest in African startups solving the supply chain and operational challenges for retailers and suppliers in the fast-moving consumer goods (FMCG) industry. Two years on, investors aren’t as enthused anymore as the business models of such startups, […]

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Qoo10’s CEO pledges personal assets worth $58M to compensate Korean merchants affected by its liquidity crisis

During an emergency hearing held by the South Korean government, Young-bae Ku, Qoo10's founder said he would secure the amount over the next 30 days.

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Zoe, a microbiome-focused nutrition company, raises $15 million to expand in the U.S.

Zoe sends customers at-home testing materials to collect blood or feces to test blood fat, blood sugar, and gut microbiome health. Following those results, the company scores every food (on a scale from 0 to 100), so people can make better choices of what to eat.

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TechCrunch Space: Catching stars

Hello, and welcome back to TechCrunch Space. In case you missed it, Boeing and NASA decided to keep Starliner docked to the International Space Station for the rest of the month. The agency is aiming to complete a key review in the first week of August, at which point they’ll make a decision on when […]


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Monday, July 29, 2024

Apple brings Apple Intelligence with iOS 18.1 dev beta, but there are a lot of limitations

Users will be able to get the first taste of Apple Intelligence as Apple has started to make some of the features of its AI suite available with the iOS 18.1 developer beta released Monday. The company launched Apple Intelligence at its Worldwide Developer Conference (WWDC) in June. However, the first set of developer beta […]

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Canva acquires Leonardo.ai to boost its generative AI efforts

Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to deepen its investments in its AI tech stack. The financial terms of the deal weren’t disclosed, but Canva co-founder and chief product officer Cameron Adams said it’s a mix of cash and stock. All of Leonardo.ai’s 120 employees will […]

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Lime is piloting two new e-bikes to attract more women and older riders 

Shared micromobility giant Lime is piloting two new vehicles designed to appeal to women and older folks who might appreciate a lower step-through frame, smaller wheels and an upgrade from pedal-assist. Lime has experimented with several new form factors over the years, something it can do because it designs and engineers its vehicles in-house. The […]

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U.S. Commerce Department report endorses ‘open’ AI models

The U.S. Commerce Department today issued a report in support of “open-weight” generative AI models like Meta’s Llama 3.1, but recommended the government develop “new capabilities” to monitor these models for potential risks. The report, authored by the Commerce Department’s National Telecommunications and Information Administration (NTIA), finds that open-weight models broaden generative AI’s availability to […]

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Apple says it took a ‘responsible’ approach to training its Apple Intelligence models

Apple has published a technical paper detailing the models that it developed to power Apple Intelligence, the range of generative AI features headed to iOS, macOS and iPadOS over the next few months. In the paper, Apple pushes back against accusations that it took an ethically questionable approach to training some of its models, reiterating […]

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Huang and Zuckerberg swapped jackets at SIGGRAPH 2024 and things got weird

A fireside chat on Monday between Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg at the SIGGRAPH 2024 conference in Colorado took a few unexpected turns. It started innocently enough, with Huang waxing positive about the capabilities of Nvidia GPUs and Zuckerberg speaking about his vision of an AI chatbot future. But by the […]

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Making AI models ‘forget’ undesirable data hurts their performance

So-called “unlearning” techniques are used to make a generative AI model forget specific and undesirable info it picked up from training data, like sensitive private data or copyrighted material. But current unlearning techniques are a double-edged sword: They could make a model like OpenAI’s GPT-4o or Meta’s Llama 3.1 405B much less capable of answering […]

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Bee AI raises $7M for its wearable AI assistant that learns from your conversations

The promise of AI and large language models (LLMs) is the ability to understand increasingly wider amounts of context and make sense of that information easily, so it makes sense that we’re seeing a bunch of companies trying to make wearable hardware so that people can use AI in their day-to-day lives. The latest entrant […]

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TechCrunch Minute: Doomscrolling probably isn’t great for your mental health

It turns out that maybe, just maybe, spending a lot of time staring at your phone and reading bad news isn’t great for your outlook on life or humanity. That’s the finding of a recent study published in the Journal of Computers in Human Behavior Reports, which linked doomscrolling to existential anxiety, despair, distrust and […]

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Sunday, July 28, 2024

Dear Google, who wants an AI-written fan letter?

The first time I saw Google’s latest commercial, I wondered, “Is it just me, or is this kind of bad?” By the fourth or fifth time I saw it, I’d stopped wondering. It starts innocuously enough, with a father talking about how much his daughter loves Sydney McLaughlin-Levrone (she “might even be the world’s number […]


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Dear Google, who wants an AI-written fan letter?

The first time I saw Google’s latest commercial, I wondered, “Is it just me, or is this kind of bad?” By the fourth or fifth time I saw it, I’d stopped wondering. It starts innocuously enough, with a father talking about how much his daughter loves Sydney McLaughlin-Levrone (she “might even be the world’s number […]

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Saturday, July 27, 2024

OpenAI comes for Google with SearchGPT

OpenAI is testing SearchGPT, a new AI search experience to compete directly with Google. The feature aims to elevate search queries with “timely answers” from across the internet and allows the user to ask follow-up questions. The temporary prototype is currently only available to a small group of users and its publisher partners for testing […]

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NIST releases a tool for testing AI model risk

The National Institute of Standards and Technology (NIST), the U.S. Commerce Department agency that develops and tests tech for the U.S. government, companies and the broader public, has re-released a testbed designed to measure how malicious attacks — particularly attacks that “poison” AI model training data — might degrade the performance of an AI system. […]

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Max Space reinvents expandable habitats with a 17th-century twist, launching in 2026

Max Space's expandable habitats promise to be larger, stronger, and more versatile than anything like them ever launched, not to mention cheaper and lighter by far than a solid, machined structure.

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Friday, July 26, 2024

Apple cuts iPhone price in India amid China slowdown

Apple has reduced prices of its iPhone models in India by 3-4% following a cut in import duties in the South Asian market. The price cuts range from 300 rupees ($3.6) for models like the iPhone 13, 14 and 15, and to up to 6,000 rupees ($71.7) for the iPhone 15 Pro and Pro Max […]

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Egypt’s MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand

MNT-Halan, a fintech unicorn out of Egypt, is on a consolidation march. The microfinance and payments startup has raised $157.5 million in funding and is using the money in part to fund the acquisition of another fintech, Tam Finans, to expand into Turkey. Tam Finans provides financing to micro-enterprises and SMEs. It currently operates 39 […]


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Egypt’s MNT-Halan banks $157.5M, gobbles up a fintech in Turkey to expand

MNT-Halan, a microfinance and payments startup out of Egypt, is on a consolidation march. The company has raised $157.5 million in funding and is using the money in part to fund the acquisition of another fintech, Tam Finans, to expand into Turkey. Tam Finans provides financing to micro-enterprises and SMEs. It currently operates 39 branches […]

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Alphabet pours $5B into Waymo, Cruise scraps the Origin and Elon’s bet on autonomy

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! I don’t know about you, but for me, the past few days have offered up even more evidence that our world is vulnerable to software bugs. Yep, […]


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Google makes its Gemini chatbot faster and more widely available

In its bid to maintain pace with generative AI rivals like Anthropic and OpenAI, Google is rolling out updates to the no-fee tier of Gemini, its AI-powered chatbot. The updates are focused on making the platform more performant — and more widely available. Starting Thursday, Gemini 1.5 Flash — a lightweight multimodal model Google announced […]


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Energy tech startup Greenely grabs €8M to reach more households and support Europe’s energy transition

The energy transition is a marathon, not a sprint. But opportunities for acceleration are growing. Swedish startup Greenely* has just spotted one. It’s closing an €8 million Series A funding round to expand its energy management platform into neighbouring Nordic countries (so around $8.7M at current exchange rates). The energy tech startup is serving around […]

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Thursday, July 25, 2024

Apple Maps launches on the web to challenge Google Maps

Apple announced on Wednesday that Apple Maps is now available on the web via a public beta, which means you can now access the service directly from your browser. The launch puts Apple Maps in direct competition with Google Maps, which has long been available on the web. Maps on the web is accessible in […]


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Alternative app store AltStore PAL adds third-party iOS apps in wake of EU Apple ruling

AltStore, an alternative app store, has launched its first batch of third-party iOS apps in the European Union. The rollout comes a few months after the company launched an updated version of its app marketplace in the EU. AltStore PAL arrived as a response to the Digital Markets Act (DMA), which is forcing Apple to […]


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bunch raises $15.5M for its platform that simplifies investment management for VCs

Public market investors have a large variety of infrastructure and software that helps them keep track of, analyze and manage their investments, but that’s not the case for investors in private companies — such as venture capitalists. Indeed, a lot of private market investors have to manage and upload information about their investments into a […]

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Wednesday, July 24, 2024

CRED launches personal finance manager for India’s affluent

CRED, an Indian fintech startup, has rolled out a new feature that will help its customers manage and gain deeper insights into their cash flow, as startup seeks to drive engagement by providing much-needed personal finance tools.  Known primarily for its credit card bill payment and consumer lending service, the Bengaluru-based startup is venturing into […]

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A new Chinese video-generating model appears to be censoring politically sensitive topics

A powerful new video-generating AI model became widely available today — but there’s a catch: The model appears to be censoring topics deemed too politically sensitive by the government in its country of origin, China. The model, Kling, developed by Beijing-based company Kuaishou, launched in waitlisted access earlier in the year for users with a […]

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Star Catcher wants to build a space power grid to supercharge orbital industry

Our growth as a civilization is tightly coupled to our ability to sufficiently generate ever-increasing amounts of electricity. Could the same be true in space?  Star Catcher Industries, a startup just emerging from stealth today, is betting that might be the case. The company is developing a space-based energy grid that could enable more power-intensive […]

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The next fintech to go public may not be the one you expected

Welcome to TechCrunch Fintech! This week, we’re looking at Human Interest’s path toward an IPO, fintech’s newest unicorn, a slew of new fundraises, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big story SMB-focused 401k provider […]


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Tuesday, July 23, 2024

Mark Zuckerberg imagines content creators making AI clones of themselves

Content creators are busy people. Most spend more than 20 hours a week creating new content for their respective corners of the web. That doesn’t leave much time for audience engagement. But Mark Zuckerberg, Meta’s CEO, thinks that AI could solve this problem. In an interview with internet personality Rowan Cheung, Zuckerberg laid out his […]

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Elon Musk sets new date for Tesla robotaxi reveal, calls everything beyond autonomy ‘noise’

Elon Musk says he will show off Tesla’s purpose-built “robotaxi” prototype during an event October 10, after scrapping a previous plan to reveal it August 8. Musk said Tesla will also show off “a couple of other things,” but didn’t explain what that meant. The comments, made on Tesla’s second-quarter earnings call Tuesday, largely confirms […]

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Elon Musk sets new October 10 date for ‘robotaxi’ reveal and ‘other things’

Elon Musk says he will show off Tesla’s purpose-built “robotaxi” prototype during an event October 10, after scrapping a previous plan to reveal it August 8. Musk said Tesla will also show off “a couple of other things,” but didn’t explain what that meant. The comments, made on Tesla’s second-quarter earnings call Tuesday, largely confirms […]

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Elon Musk sets new October 10 date for ‘robotaxi’ reveal and ‘other things’

Elon Musk says he will show off Tesla’s purpose-built “robotaxi” prototype during an event October 10, after scrapping a previously-planned reveal on August 8 earlier this month. Musk said Tesla will also show off “a couple of other things,” but didn’t explain what that meant. The comments, made on Tesla’s second-quarter earnings call Tuesday, largely […]

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India scraps ‘angel tax’ in boost to startups

India’s federal government has removed the controversial “angel tax” for all classes of investors, delivering a major victory to the country’s startup ecosystem that had lobbied for years against the measure. “To bolster the India startup ecosystem, to boost entrepreneurial spirit and support innovation, I propose abolishing angel tax for all classes of investors,” Finance […]

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Monarch Tractor CEO says $133M raise will help it escape ‘quite a challenging time’

Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures.  The $133 million Series C funding round was co-led by agri-food […]


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TechCrunch Space: SpaceX’s big plans to bring the ISS back to Earth

Hello and welcome back to TechCrunch Space. Before we begin, a quick note: I write this newsletter on Friday and it gets delivered to you on Monday. So if I neglect to mention a world-historical event that happens over the weekend — like, say, the attempted assassination of a former President — that’s why. Now […]


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Monday, July 22, 2024

Kakao founder arrested over alleged market manipulation

Brian Kim, the founder of South Korean internet giant Kakao, was arrested Tuesday on allegations of stock price manipulation related to the company’s takeover of K-pop agency SM Entertainment in 2023. The Seoul Southern District Court said on Tuesday that it had issued a warrant for Kim’s arrest after a hearing on Monday due to […]

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Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with support of investors have opted to remain independent, the person said. Wiz’s CEO, […]

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Monarch Tractor CEO says $133M raise will help it escape ‘quite a challenging time’

Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures.  The $133 million Series C funding round was co-led by agri-food […]

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TechCrunch Space: SpaceX’s big plans to bring the ISS back to Earth

Hello and welcome back to TechCrunch Space. Before we begin, a quick note: I write this newsletter on Friday and it gets delivered to you on Monday. So if I neglect to mention a world-historical event that happens over the weekend — like, say, the attempted assassination of a former President — that’s why. Now […]

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Pesa unlocks new markets to keep remittances flowing to emerging economies

Founders of Pesa, a remittance fintech, know too well how costly, inaccessible and unreliable remittance services drive people to opt for risky informal channels —  like WhatsApp groups  — to transfer money.  Their firsthand experience using informal channels and realizing how prevalent their use was among Africans living in the diaspora after settling in Canada […]


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Pesa unlocks new markets to keep remittances flowing to emerging economies

Founders of Pesa, a remittance fintech, know too well how costly, inaccessible and unreliable remittance services drive people to opt for risky informal channels —  like WhatsApp groups  — to transfer money.  Their firsthand experience using informal channels and realizing how prevalent their use was among Africans living in the diaspora after settling in Canada […]

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Sunday, July 21, 2024

The Asus ROG Ally X turns PC gaming into a portable console

A little more than a year after launching the ROG Ally, Asus is releasing a refined version of its portable device, the ROG Ally X. This Windows-based machine starts shipping on July 22 for $800. I’ve been playing with the portable console for a few days, and there’s already a lot to like — especially […]

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CIA AI director Lakshmi Raman claims the agency is taking a ‘thoughtful approach’ to AI

As a part of TechCrunch’s ongoing Women in AI series, which seeks to give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch interviewed Lakshmi Raman, the director of AI at the CIA. We talked about her path to director as well as the CIA’s use of AI, and the […]

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What Kamala Harris has said about AI, tech regulation, and more

With President Joe Biden dropping out of the race, Vice President Kamala Harris may become the Democrats’ new nominee. In announcing his plans, Biden offered his “full support and endorsement for Kamala to be the nominee of our party this year,” while Harris said her “intention is to win and earn this nomination.” That said, […]

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What Kamala Harris has said about AI, tech regulation, and more

With President Joe Biden dropping out of the race, Vice President Kamala Harris may become the Democrats’ new nominee. In announcing his plans, Biden offered his “full support and endorsement for Kamala to be the nominee of our party this year,” while Harris said her “intention is to win and earn this nomination.” That said, […]


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Joe Biden drops out of presidential race

U.S. President Joe Biden has announced he no longer plans to seek reelection, a decision that follows weeks of growing pressure from some Democratic Party supporters, including high-profile tech investors and executives. “It has been the greatest honor of my life to serve as your President,” Biden said in a statement. “And while it has […]

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WazirX halts trading after $230 million ‘force majeure’ loss

WazirX, one of India’s largest cryptocurrency exchanges, has “temporarily” suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security breach. The Mumbai-based exchange said in a tweet Sunday evening that the cyber attack had substantially impaired its ability to maintain the critical 1:1 collateral […]


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WazirX halts trading after $230 million ‘force majeure’ loss

WazirX, one of India’s largest cryptocurrency exchanges, has suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security breach. The Mumbai-based exchange said in a tweet Sunday evening that the cyber attack had substantially impaired its ability to maintain the critical 1:1 collateral ratio […]

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From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader

Subject to shareholder approval, Yandex N.V. is adopting the name of one of its few remaining assets, an AI cloud platform called Nebius AI which it birthed last year.

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Saturday, July 20, 2024

Bethesda Game Studios employees form a ‘wall-to-wall’ union

Employees at Bethesda Game Studios — the Microsoft-owned game developer that produces the Elder Scrolls and Fallout franchises — are joining the Communication Workers of America. Quality assurance testers at Bethesda’s parent organization ZeniMax unionized last year, becoming Microsoft’s first official union in the United States. In its announcement, the CWA calls Bethesda’s new union […]

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CrowdStrike’s update fail causes global outages and travel chaos

This week saw one of the most widespread IT disruptions in recent years linked to a faulty software update from popular cybersecurity firm CrowdStrike. Businesses across the world reported IT outages, including Windows “blue screen of death” errors on their computers, impacting airlines, banks, retailers, brokerage houses, media companies and railway networks. OpenAI released GPT-4o […]

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TechCrunch Minute: OpenAI shrinks its flagship model

OpenAI is launching a mini version of its latest AI model. These small AI models are meant to be faster and more affordable than the full version — making them particularly useful for simple, high-volume tasks. That should appeal to smaller developers who don’t necessarily have a lot of money for AI costs but want […]


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Friday, July 19, 2024

CrowdStrike outage: How your plane, train and automobile travel may be affected

The CrowdStrike outage that hit early Friday morning and knocked out computers running Microsoft Windows has grounded flights globally. Major U.S. airlines including United Airlines, American Airlines and Delta Air Lines have halted flight operations around the world. According to FlightAware, which is tracking the cancellations live, 7% of United Airlines flights, 8% of American […]

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CrowdStrike outage: How your plane, train and automobile travel may be affected

The CrowdStrike outage that hit early Friday morning and knocked out computers running Microsoft Windows has grounded flights globally. Major U.S. airlines including United Airlines, American Airlines and Delta Air Lines have halted flight operations around the world. According to FlightAware, which is tracking the cancellations live, 7% of United Airlines flights, 8% of American […]

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CrowdStrike outage: How your plane, train and automobile travel may be affected

The CrowdStrike outage that hit early Friday morning and knocked out computers running Microsoft Windows has grounded flights globally. Major U.S. airlines including United Airlines, American Airlines and Delta Air Lines have halted flight operations around the world. According to FlightAware, which is tracking the cancellations live, 7% of United Airlines flights, 8% of American […]

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Banks, airlines, brokerage houses report widespread outages across the globe

Businesses worldwide are experiencing widespread outages, including Windows “blue screen of death” errors, many of them said Friday. The problems are affecting various sectors, from banks, food chains, brokerage houses, news organizations to airlines. Many customers have reported being unable to restart their computers due to the issue. This outage comes shortly after Microsoft confirmed […]

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Thursday, July 18, 2024

Paytm loss widens and revenue shrinks following regulatory clampdown

Paytm’s loss widened even as revenue declined by 36% year-on-year as the once-poster star of Indian startup ecosystem continues to grapple with the Reserve Bank of India’s clampdown that significantly curtailed the payments bank business unit.  The Noida-headquartered firm’s loss more than doubled to $100 million in the quarter ending June, it disclosed Friday. The […]

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Fandango founder dies in fall from Manhattan skyscraper

J. Michael Cline, the co-founder of Fandango and multiple other startups over his multi-decade career, died after falling from a Manhattan hotel, New York’s Deputy Commissioner of Public Information tells TechCrunch. The New York Police Department responded to 911 calls from the Kimberly Hotel, a 30-story hotel on 50th street in midtown Manhattan on Tuesday […]

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Apple Vision Pro debuts immersive content featuring NBA players, The Weeknd and more

Apple on Thursday announced its upcoming lineup of immersive video content for the Vision Pro. The list includes behind-the-scenes footage of the 2024 NBA All-Star Weekend, an immersive performance by The Weeknd, new series, films, concerts and more. The headset launched in February with more than 150 3D movies and immersive titles. Apple is adding […]

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Why it made sense for an online community college to raise venture capital

When Tade Oyerinde first set out to fundraise for his startup, Campus, a fully-accredited online community college, it was incredibly difficult. VCs have backed for-profit education companies in the past, including Coursera and Udacity, but backing a more traditional two-year college is different. Plus, he was looking for funds a few years ago when higher […]

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PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital

Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder has been sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week. HeadSpin’s 2023 revenue was $21 million and its Q1 2024 revenue stood at $5 million, […]

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Meta puts a halt to training its generative AI tools in Brazil 

Meta has suspended the use of its AI assistant after Brazil’s National Data Protection Authority (ANPD) banned the company from training its AI models on personal data from Brazilians. The move puts a dent in Facebook’s attempt to build out its AI products in Brazil, a market with more than 200 million people. As cited […]

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Israel’s startup scene shows reslience despite nine months of war

When the war between Israel and Hamas broke out last October, we examined its potential impact on the tech ecosystems in Israel and Palestine. Nine months later, the prevailing sentiment in Israel, based on my conversation with founders and investors, is that the conflict has made the startup and VC ecosystem more resilient, especially its […]


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Israel’s startup scene shows reslience despite nine months of war

When the war between Israel and Hamas broke out last October, we examined its potential impact on the tech ecosystems in Israel and Palestine. Nine months later, the prevailing sentiment in Israel, based on my conversation with founders and investors, is that the conflict has made the startup and VC ecosystem more resilient, especially its […]

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Tribe AI raised venture capital to keep up with demand after six years of bootstrapping

When Jaclyn Rice Nelson and Noah Gale launched AI talent and services company Tribe AI in 2019, they had to convince companies that having an AI strategy mattered. After the release of ChatGPT in 2022 and the AI mania it ushered in, the startup has experienced a “massive boom” in demand, Gale told TechCrunch. Rice […]


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Wednesday, July 17, 2024

Bill Weber out as CEO of Firefly Aerospace

Bill Weber is out as chief executive at Firefly Aerospace, following a nearly two-year stint in the role, the maker of launch vehicles, lunar landers, and orbital vehicles announced late Wednesday. While the board initiates a search for a new CEO, board member Peter Schumacher will serve as interim CEO, the company said in a statement […]

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Ethereum co-founder’s warning against ‘pro-crypto’ candidates: ‘are they in it for the right reasons?’

Vitalik Buterin, the co-founder of Ethereum, issued a warning on Wednesday against choosing a candidate purely based on whether they claim to be “pro-crypto.” In a blog post, Buterin said it’s more important to scrutinize a candidate’s broader policies to ensure they support cryptocurrency’s underlying goals, including internationalism and protection for private communications. “If a […]

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Sequoia bets big on Stripe, LatAm fintechs clean up and one African startup’s outsized Series A

Welcome to TechCrunch Fintech! This week, we’re looking at Sequoia Capital’s effort to give its LPs liquidity on the firm’s investments in Stripe, how LatAm fintechs are still catching investors’ attention, a sizable Series A from an African startup, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to […]


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Anthropic releases Claude app for Android

Anthropic launched its Claude Android app on Tuesday to bring its AI chatbot to more users. This is Anthropic’s latest effort to convince users to ditch ChatGPT by making Claude available in more places. The Claude Android app will work just like the iOS version released in May, including free access to Anthropic’s best AI […]


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Tuesday, July 16, 2024

Instagram now allows users to add multiple audio tracks to Reels

Instagram said Tuesday that it will allow users to add multiple audio tracks to their Reels worldwide. The company noted that users can add up to 20 tracks in a single Reel. To add a new track to your video, tap on the “Add to mix” option in the Reel editor. Once you add the […]

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Andreessen Horowitz co-founders explain why they’re supporting Trump

Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he’s been a Democrat most of his life. He says he has endorsed and voted for Bill Clinton, Al Gore, John Kerry, Barack Obama and Hillary Clinton. However, he says he’s no longer loyal to the Democratic Party. […]

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Fisker cleared to sell North American EVs for $46.25 million

Fisker has been given the green light by a bankruptcy judge to sell more than 3,000 of its Ocean SUVs to a vehicle leasing company, a deal that will net the defunct EV startup a maximum of $46.25 million. The approval of the sale clears the way for the rest of Fisker’s bankruptcy process to […]

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Elon Musk vows to move X, SpaceX headquarters from California to Texas 

Elon Musk is doubling down on his commitment to Texas by vowing to move SpaceX’s massive headquarters from its long-time Hawthorne, California home to the Lone Star State.  Musk later said that he would move the headquarters of his social media platform X from San Francisco, California, to Austin, Texas — where his other company, […]

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Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday

Payments giant Stripe has delayed going public for so long that its major investor Sequoia Capital is getting creative to offer returns to its limited partners. The venture firm emailed LPs in funds raised between 2009 and 2011 with an offer to buy up to $861 million worth of shares in Stripe, Axios reported. Sequoia […]


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Monday, July 15, 2024

Presti uses generative AI to improve product photography in the furniture industry

If you’ve ever bought a sofa on an online store, have you thought about the homes that you can see in the background? When it’s time to release a new collection, furniture brands usually spend a small fortune on photo shoots. It’s a cumbersome and expensive process as it’s not easy to move furniture around. […]

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Google backs Indian open-source Uber rival

Google has joined investors backing Namma Yatri, an open-source ride-sharing app in India that is eroding market share from Uber and Ola with its no-commission model. Namma Yatri, whose parent firm is Moving Tech, works atop of Open Network for Digital Commerce, an interoperable e-commerce scheme backed by the Indian government. Namma Yatri’s app connects […]

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TikTok glitch allows Shop to appear to users under 18, despite adults-only policy

The tests indicate there are loopholes in TikTok's ability to apply its parental controls and policies effectively in a situation where the teen user originally lied about their age, as many likely do.

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Trump’s VP candidate J.D. Vance has long ties to Silicon Valley, and was a VC himself

Former President Donald Trump picked Ohio Senator J.D. Vance as his running mate on Monday, as he runs to reclaim the office he lost to President Joe Biden in 2020. Vance, who’s best known for his memoir, “Hillbilly Elegy,” spent years as a venture capitalist before leaving the industry when elected to the U.S. Senate […]

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TechCrunch Space: Space cowboys

Hello and welcome back to TechCrunch Space. Is it just me, or is the news cycle only accelerating this summer?! Want to reach out with a tip? Email Aria at aria.techcrunch@gmail.com or send a message on Signal at 512-937-3988. You also can send a note to the whole TechCrunch crew at tips@techcrunch.com. For more secure communications, click […]

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Apple’s public betas for iOS 18 are here to test out

Apple released the public betas for its next generation of software on the iPhone, Mac, iPad, and Apple Watch on Monday. You can now test out iOS 18 and many of its new features, except for Apple Intelligence which is coming to beta this fall, and provide feedback to Apple. Anyone interested in trying out […]

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Fisker has one major objector to its Ocean SUV firesale

One major dissenter threatens to upend Fisker’s apparent best chance at offloading its unsold EVs, a deal that would keep the startup’s bankruptcy proceeding alive and pave the way for paying pack creditors some of what they’re owed. The objection to the sale comes from the office of the U.S. Trustee, an arm of the […]

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Google’s Kurian approached Wiz, $23B deal could take a week to land, source says

Alphabet, Google’s parent company, is in advanced talks to acquire Wiz for $23 billion, a person close to the company told TechCrunch. The deal discussions were previously reported by the Wall Street Journal. Wiz, a cybersecurity startup founded in 2020, was approached a few weeks ago by Thomas Kurian, head of Google’s cloud division, the […]

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Caliza lands $8.5 million to bring real-time money transfers to Latin America using USDC

Real-time payments are becoming commonplace for individuals and businesses, but not yet for cross-border transactions. That’s what Caliza is hoping to change, starting with Latin America. Founded in 2021 by American entrepreneur Ezra Kebrab, who now lives in São Paulo, Brazil, Caliza offers an alternative to transfers made via SWIFT, which are the norm in […]

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How VanMoof’s new owners plan to win over its old customers

When VanMoof declared bankruptcy last year, it left around 5,000 customers who had pre-ordered e-bikes in the lurch. Now VanMoof is up and running under new management, and the company’s current owners are courting those same customers by offering them a €1,000 discount off a new bike.  It’s an audacious strategy, one that bets on […]


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How VanMoof’s new owners plan to win over its old customers

When VanMoof declared bankruptcy last year, it left around 5,000 customers who had pre-ordered e-bikes in the lurch. Now VanMoof is up and running under new management, and the company’s current owners are courting those same customers by offering them a €1,000 discount off a new bike.  It’s an audacious strategy, one that bets on […]

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Hank Green reckons with the power — and the powerlessness — of the creator

Hank Green has had a while to think about how social media has changed us. He started making YouTube videos in 2007 with his brother, novelist John Green, at a time when the first iPhone was in development, MySpace was still relevant and Instagram didn’t exist. Seventeen years later, posting videos on the internet is […]


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Sunday, July 14, 2024

The AI financial results paradox

There is a general consensus today that generative AI is going to transform business in a profound way, and companies and individuals who don’t get on board will be quickly left in the dustbin of history. At the same time, as companies delve more deeply into this technology, they want proof, actual business metrics, that […]

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Helixx wants to bring fast-food economics and Netflix pricing to EVs

When Helixx co-founder and CEO Steve Pegg looks at Daisy — the startup’s 3D printed prototype delivery van  — he sees a second chance. And he’s pulling inspiration from McDonald’s to get there.  The prototype, which made its global debut this week at the Goodwood Festival of Speed, is an interesting proof of concept. Virtually […]


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Helixx wants to bring fast-food economics and Netflix pricing to EVs

When Helixx co-founder and CEO Steve Pegg looks at Daisy — the startup’s 3D printed prototype delivery van  — he sees a second chance. And he’s pulling inspiration from McDonald’s to get there.  The prototype, which made its global debut this week at the Goodwood Festival of Speed, is an interesting proof of concept. Virtually […]

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Saturday, July 13, 2024

Meet the soft robots that can amputate limbs and fuse with other robots

Roboticists at The Faboratory at Yale University have developed a way for soft robots to replicate some of the more unsettling things that animals and insects can accomplish — say, a reptile self-amputating a limb, or ants building bridges by temporarily fusing their bodies. In one demo video, we see a soft quadruped robot crawling […]

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If you’re an AT&T customer, your data has likely been stolen

This week, AT&T confirmed it will begin notifying around 110 million AT&T customers about a data breach that allowed cybercriminals to steal the phone records of “nearly all” of its customers. The stolen data contains phone numbers and AT&T records of calls and text messages during a six-month period in 2022, the company says. If […]

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Friday, July 12, 2024

Waymo cameras capture footage of person charged in alleged robotaxi tire slashings

A Castro Valley resident was charged Thursday for allegedly slashing the tires of 17 Waymo robotaxis in San Francisco between June 24 and June 26, according to the city’s district attorney. Prosecutors say the tire slashings were captured by cameras installed on the exterior of Waymo’s robotaxis. This is the latest incident of Waymo vandalism […]

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