Tuesday, September 26, 2023

What is Amazon’s [redacted] ‘Project Nessie’ algorithm?

The FTC’s lawsuit against Amazon alleging anti-competitive practices is largely full of things we already knew in a general sense: price hikes, pressure to use Amazon fulfillment, and so on. But then we get to a sea of redactions and the mysterious “Project Nessie.” What is it, and could it possibly be as alarming as […]

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Sources: Palo Alto in advanced talks to buy Talon and Dig in a $1B security sweep

Palo Alto Networks’ stock price has been on the rise on the back of strong earnings and growing demand for cybersecurity services, and now the company is using that momentum to do a little shopping. TechCrunch has confirmed with multiple sources that Palo Alto is in advanced negotiations to buy not one, but two, security […]

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Storybutton wants to redesign the radio for Gen Alpha podcast listeners

Storybutton, a new audio player for kids, aims to be the go-to alternative to screened devices for the 12 and under set. Created by kid-friendly podcaster Jim Jacob (“Mr. Jim”), Storybutton wants to improve the way kids listen by moving the podcast experience off phones and tablets. Storybutton costs $99.99 and features an easy-to-use design […]


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Monday, September 25, 2023

Google is killing Gmail’s basic HTML view in 2024

Another day, another Google product goes to the graveyard. The company is sunsetting Gmail’s basic HTML view, which allows users to look at their emails in a barebones state, starting January 2024. The company updated its support page to reflect that Gmail will automatically switch to the Standard view after the deadline date. Users on Hacker […]

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Telegram starts to look like a super app, echoing WeChat

Telegram, the popular messenger with 800 million monthly active users worldwide, is inching closer to adopting an ecosystem strategy that is reminiscent of WeChat’s super app approach. Certain aspects of the ecosystem will be decentralized with help from two heavyweights: Telegram’s crypto partner TON Foundation and WeChat’s owner Tencent. Telegram has been working on a […]

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Amazon’s outgoing Echo head is Blue Origin’s new CEO

Blue Origin CEO Bob Smith is retiring at the end of the year and his replacement is coming from Jeff Bezos’ other company. Dave Limp, an Amazon veteran who had planned to step down from his role as head of the company;s consumer devices division, is taking over the CEO spot. Limp, who was the […]

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Ford halts work on $3.5B EV battery factory with China’s CATL

Ford confirmed Monday it has immediately stopped work at a $3.5 billion factory in Michigan that was supposed to make cheaper lithium iron phosphate batteries using tech from China’s CATL. “We’re pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant,” Ford spokesperson […]

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Signal’s Meredith Whittaker: AI is fundamentally ‘a surveillance technology’

Why is it that so many companies that rely on monetizing the data of their users seem to be extremely hot on AI? If you ask Signal president Meredith Whittaker (and I did), she’ll tell you it’s simply because “AI is a surveillance technology.” On stage at TechCrunch Disrupt 2023, Whittaker explained  her perspective that […]

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Google expands its subsea cable infrastructure with Nuvem, connecting the U.S., Bermuda, and Portuga

Google has announced another subsea cable system, as the internet giant strives to bolster its internet infrastructure and get more people using its array of cloud-based services. Dubbed “Nuvem,” the new cable represents one of more than a dozen cables that Google has invested in through the years, starting with Unity which went into operation […]

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Amazon to invest up to $4 billion in AI startup Anthropic

Amazon said Monday it has agreed to invest up to $4 billion in AI startup Anthropic as the e-commerce group steps up rivalry against Microsoft, Meta, Google and Nvidia in the fast-growing red hot sector that many technologists believe could be the next great frontier. The e-commerce group said it will initially invest $1.25 billion […]

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Despite the ups and downs of the fintech space, people still really care about it

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Disrupt! Last week, our team was at TechCrunch Disrupt 2023, which featured a dedicated fintech stage for the first time […]
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Sunday, September 24, 2023

Correcto grabs $7M to build out its ‘Grammarly for Spanish’

The generative AI boom has put a spring in the step of Correcto, a Madrid-based language writing tool startup focused on Spanish speakers that’s today announcing $7 million in seed funding. The round is led by London-based Octopus Ventures, with Carya Venture Partners and River Park Ventures also contributing. The founding team began work on […]

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California governor vetoes bill to ban driverless AV trucks

California Gov. Gavin Newsom vetoed a bill Friday that would have required a human safety operator to be present any time a self-driving truck operated on public roads in the state. The win for the autonomous trucking industry comes after the California Senate had passed the bill in mid-September. The bill would have effectively banned […]

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