Wednesday, January 10, 2024

Quora raised $75M from a16z to grow Poe, its AI chat bot platform

Quora is back at it, raising funding for the first time in nearly seven years. The questions and answers website nabbed $75 million from Andreessen Horowitz (a16z), which will be used to power the growth of Poe, Quora’s AI chat platform. What makes Quora’s AI chatbots different from the rest of the pack? Quora is […]


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Tuesday, January 9, 2024

Match Group promotes Faye Iosotaluno to Tinder CEO

Dating app behemoth Match Group has named Faye Iosotaluno as the new Tinder CEO, two years after the previous CEO Renate Nyborg left the company in August 2022. During that time, Match Group CEO Bernard Kim held the position. Iosotaluno has been working at the Match Group since 2017. She was promoted from the company’s […]

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Crypto apps Binance, Kraken, KuCoin disappear from Apple’s App Store in India

Apps of as many as eight crypto exchanges including Binance, Kraken, Mexc and Kucoin have disappeared from Apple’s App Store in the country, less than two weeks after the firms were flagged for operating “illegally” in India. Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, late last month issued show cause notices […]

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Keith Rabois dishes on his surprising return to Khosla Ventures, after leaving the firm in 2019 for Founders Fund

Earlier today, Forbes reported that venture capitalist, operator and entrepreneur Keith Rabois is returning to Khosla Ventures (“KV”), the Silicon Valley outfit where he cut his teeth as a full-time VC before joining Founders Fund (“FF”) in 2019, teaming up with former Stanford classmate Peter Thiel in the process. The move came as a surprise […]

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Twitch is laying off another 500 employees

Another round of layoffs is hitting Twitch. The Amazon-owned livestreaming platform will cut 35% of its staff, or roughly 500 employees, Bloomberg reports, and will announce the reduction as early as this week. Twitch did not immediately respond to TechCrunch’s request for comment. It’s the latest blow for the already beleaguered company, which cut hundreds […]

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Quora raised $75M from a16z to grow Poe, its AI chat bot platform

Quora is back at it, raising funding for the first time in nearly seven years. The questions and answers website nabbed $75 million from Andreessen Horowitz (a16z), which will be used to power the growth of Poe, Quora’s AI chat platform. What makes Quora’s AI chatbots different from the rest of the pack? Quora is […]

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Substack won’t commit to proactively removing Nazi content, ensuring further fallout

Substack has industry-leading newsletter tools and a platform that independent writers flock to, but its recent content moderation missteps could prove costly. In late November, the Atlantic reported that a search of the publishing platform “turns up scores of white-supremacist, neo-Confederate, and explicitly Nazi newsletters on Substack—many of them apparently started in the past year.” […]

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Sources: PhotoRoom, the AI photo editing app, is raising $50M-$60M at a $500M-$600M valuation

Apps that let users take, manipulate and share images have been some of the biggest hits in the world of mobile over the years. Now, the influx of AI is cracking open the market for a new wave of startups to step into the ring. PhotoRoom — a startup out of Paris, France — has […]

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Fidelity National Financial says hackers stole data on 1.3 million customers

Real estate services giant Fidelity National Financial has confirmed hackers stole data on 1.3 million of its customers during a November cyberattack that knocked the company offline for a week. FNF said in a filing Tuesday with federal regulators: “We determined that an unauthorized third-party accessed certain FNF systems, deployed a type of malware that […]

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SEC’s X account hacked, sharing ‘unauthorized tweet’ regarding spot bitcoin ETF

The U.S. Securities and Exchange Commission’s X account has been hacked, a spokesperson confirmed with TechCrunch on Tuesday afternoon. “The SEC’s @SECGov X/Twitter account has been compromised. The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff,” the spokesperson said. A similar statement was shared shortly after on the media […]

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Walmart debuts generative AI search and AI replenishment features at CES

In a keynote address at the Consumer Electronics Show in Las Vegas, Walmart president and CEO Doug McMillon is offering a glimpse as to how the retail giant was putting new technologies, including augmented reality (AR), drones, generative AI, and other artificial intelligence tech to work in order improve the shopping experience for customers. At […]

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Got an UTI? Vivoo brings the answer to that question closer to home

The trend we noticed at last year’s CES continues: Startups are really curious about your bodily fluids. Vivoo is no exception. The company already offers a broad range of at-home tests, and launched a new test that can detect urinary tract infections (UTIs). Vivoo’s At-Home UTI Test streamlines the diagnostic process for UTIs, which affect an […]

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