Brave Software, the maker of Brave Browser and Search, confirmed that it has laid off 9% of its staff across departments. The company didn’t specify how many people were affected, but it corroborated the development and said the decision was driven by the tough economic climate. “Brave eliminated some positions as part of our cost […]
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As creative industries grapple with AI’s explosion into every artistic medium at once, separate calls from artists warning the world to take action before it’s too late are starting to converge. From fake Drake songs to stylized Instagram profile pictures, art conjured with newly sophisticated AI tools is suddenly ubiquitous — and so are conversations […]
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Banking-as-a-service startup Synapse confirmed today that it has laid off 86 people, or about 40% of the company. The San Francisco-based company, which operates a platform enabling banks and fintech companies to easily develop financial services, has been open about past layoffs. In June, CEO Sankaet Pathak wrote in a blog post that the company […]
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MGM Resorts has confirmed hackers stole an unspecified amount of customers’ personal information during a September cyberattack that will cost the hotel and casino giant an estimated $100 million. The hotel and casino giant first disclosed it had been targeted by a large-scale cyberattack on September 11. The cyberattack, which was days later claimed by […]
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Snap’s AI chatbot has landed the company on the radar of the UK’s data protection watchdog which has raised concerns the tool may be a risk to children’s privacy. The Information Commissioner’s Office (ICO) announced today that it’s issued a preliminary enforcement notice on Snap over what it described as “potential failure to properly assess […]
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The startup has developed software for lithium-ion batteries to endow them with either faster charging speeds or greater longevity.
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Ohm’s Quest is a steampunk-inspired cubical device that acts as a sort of escape game console. You can scan an NFC-enabled card on a side of the cube, and it starts a new story with interactive challenges that you should solve as a team. While we don’t cover board games very often on TechCrunch, there […]
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A number of venture investors and startups are engaging with Bank of Baroda to acquire a stake in the lender’s subsidiary Nainital, according to people familiar with the matter. Premji Invest and stock broking giant Zerodha are among the prospective backers that have held conversations with Bank of Baroda, which has agreed to sell a […]
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Netflix has “not succeeded” in scaling up its business in India despite the global streaming giant consistently lowering the subscription costs in the country, analysts at AllianceBernstein wrote in a report to clients Thursday. The U.S. streamer has about 6.5 million subscribers in India, compared to Prime Video’s 20 million in the South Asian market, […]
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The testimony of Matt Huang, co-founder and managing partner of crypto investment firm Paradigm, at Sam Bankman-Fried’s trial may help the prosecution convince jurors that the former crypto mogul defrauded investors. Huang testified Thursday that he and his firm were in the dark about a range of business practices at FTX, red flags that would […]
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Hyundai and Kia have finally announced their plans to adopt Tesla’s North American Charging Standard (NACS) ports for their electric vehicles in the U.S. and Canada, joining the swells of automakers that have also promised to do so. The move will give Hyundai and Kia drivers — as well as drivers of Ford, General Motors, […]
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One builds weapons in order that they are not used. Thus goes the central premise of deterrence theory, which says it is the credible threat of aggression – not the use of aggression – that will ensure states avoid war. This theory has dominated much of America’s strategic thinking over the past fifty-plus years, but […]
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Alaska Airlines wants to solve some of the stickier problems in aviation. And it’s turning to UP.Labs — a new venture lab that launched publicly in 2022 — for help. The two companies announced Thursday at the Up Summit event in Dallas an agreement to form an aviation venture lab. This lab will create startups […]
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