Thursday, February 1, 2024

Apple Vision Pro: Day Two

Last night, I fell asleep under the stars, the chirp of crickets intermingling with the old radiator’s whistle off in the distance. I just finished an episode of Justified: City Primeval on the big screen. It was a constant 68 degrees, but I tucked myself into the duvet, nonetheless. For tonight, I’m thinking the surface […]

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Mark Zuckerberg calls Apple’s DMA rules ‘so onerous’ he doubts any developer will opt in

Meta CEO Mark Zuckerberg has added his voice to those criticizing Apple’s compliance with the EU’s new Digital Markets Act (DMA) regulation, which forces Apple to open up its App Store and allows developers to use their own payment systems, among other things. During Meta’s Q4 earnings call this afternoon, Zuckerberg responded to an investor […]

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Threads now reaches more 130 million monthly users, says Meta, up 30M from Q3

Instagram Threads now has more 130 million monthly active users, Meta CEO Mark Zuckerberg announced during the company’s fourth-quarter earnings today. The text-based social networking app is one of the many new projects that have sprung up in the wake of Elon Musk’s 2022 acquisition of Twitter, now called X, where it competes with various […]

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Orbital Composites and Virtus Solis team up for space-based solar power mission

Advanced manufacturing startup Orbital Composites is teaming up with Virtus Solis Technologies to conduct a space-based solar power demonstration as soon as 2027. The two companies say the mission will be a precursor to an in-space “megawatt-class” solar power installation by 2030, which could mark “a new chapter in renewable energy.” Space-based solar power (SBSP) is […]

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Arc is building an AI agent that browses on your behalf

For years, Google (or any other search engine) has been the main gateway for people to discover websites and other content. The Browser Company, which makes the Arc Browser, is on a quest to change that by building an AI that surfs the web for you and gets you the results while bypassing search engines. […]

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Google says YouTube now has over 100 million subscribers

Google said today that YouTube now has more than 100 million paid users across YouTube Music and YouTube Premium. This number is up from the 80 million paid users the company mentioned in November 2022. Earlier this week, during its Q4 2023 earnings call, Sundar Pichai said that Google’s subscription business — which includes YouTube’s […]

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Polygon Labs lays off 60 employees, about 19% of its staff, CEO says

Polygon Labs, the team focused on building the layer-2 blockchain Polygon, has laid off 60 employees, or about 19% of its staff, according to a post published Thursday by CEO Marc Boiron. The Polygon chain is one of the biggest layer-2 blockchains focused on scaling Ethereum. It has assisted over 2.44 billion transactions, deployed over […]

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Probabl is a new AI company built around popular library scikit-learn

Probabl isn’t your average AI startup as this new French company is an Inria spin-off company that revolves around an open-source data science library called scikit-learn — Inria is a well-known French technology research institute. As for scikit-learn, with more than 45,000 stars on GitHub, this Python module is widely used by machine learning teams […]

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Wednesday, January 31, 2024

India’s central bank discusses more penalties on Paytm Payments Bank, including revoking license

The Reserve Bank of India is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter told TechCrunch. The central bank has internally discussed revoking the payments bank license of Paytm, the sources said, requesting anonymity as they are not authorized to speak to the […]

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Reliance-backed Viacom18 agrees to buy 60% of Disney’s India unit, report says

Reliance-backed Viacom18 has reached an agreement to buy 60% of Disney’s India unit, WSJ reported Thursday citing unnamed sources, creating a pathway for the Indian conglomerate to form a $10 billion media giant in the South Asian market. The deal, which WSJ says will close this month, values Disney’s India unit at $3.9 billion, the […]

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Paytm to terminate business with Paytm Payments Bank after central bank’s clampdown

Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from conducting nearly all of its business activities due to supervisory concerns. The Noida-based financial services firm said it expects its loan distribution, insurance distribution […]

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Tesla sued for allegedly mishandling hazardous waste in California for years

Tesla has been sued by 25 California counties alleging the automaker has repeatedly mishandled hazardous waste at facilities throughout the state. The lawsuit was filed after months of settlement talks apparently fell apart. The complaint, filed in San Joaquin County Superior Court, states that Tesla improperly labeled and disposed of materials like “lead acid batteries […]

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Autonomous vehicle company Motional is about to lose a key backer

Autonomous vehicle company Motional is losing capital support from one of its primary backers as it aims to commercialize a robotaxi service in 2024. Automotive supplier Aptiv — the other half of a $4 billion joint venture with Hyundai that created Motional — said Wednesday it will no longer allocate capital towards the endeavor. “While […]

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Media startup The Messenger disintegrates, leaving staff nothing

They say don’t shoot the messenger, but what if The Messenger shoots itself? Media startup The Messenger burst on the scene last May with $50 million dollars in hand, aggressively hiring journalists to build an “unbiased” digital newsroom. Instead, its staff found out through a New York Times article today that the publication is shutting […]

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