Wednesday, April 17, 2024

Dailyhunt-parent acquires Apple News+ rival Magzter

on 8:06 PM in features, Tech News with No comments

VerSe Innovation, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand firm Magzter, the two said Thursday. The Bengaluru-headquartered startup has fully acquired Magzter, a New York-headquartered firm that counted Singapore Press Holdings among its backers. VerSe didn’t disclose the financial terms of the deal. The acquisition of Magzter, […]

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Consumer Financial Protection Bureau fines BloomTech for false claims

on 4:06 PM in features, Tech News with No comments

In an order today, the U.S. Consumer Financial Protection Bureau (CFPB) said that BloomTech, the for-profit coding bootcamp previously known as the Lambda School, deceived students about the cost of loans, made false claims about graduates’ hiring rates and engaged in illegal lending masked as “income sharing” agreements with high fees. The order marks the […]

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Seven Waymo robotaxis block traffic to San Francisco freeway on-ramp

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Waymo can operate on San Francisco freeways without a human driver, but the company is still only testing on freeways with a human driver in the front seat.

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Ramp raises another $150 million co-led by Khosla, Founders Fund at a $7.65B valuation

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Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. Other existing investors Thrive Capital, General Catalyst, Sands Capital, […]

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TechCrunch Minute: New Atlas robot stuns experts in first reveal from Boston Dynamics

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This week Boston Dynamics retired its well-known Atlas robot that was powered by hydraulics. Then today it unveiled its new Atlas robot, which is powered by electricity. The change might not seem like much, but TechCrunch’s Brian Heater told the TechCrunch Minute that the now-deprecated hydraulics system was out of date. It’s not hard to […]

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Cherub, an angel investing community inspired by dating apps, entices investors and founders to pair up

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Jaclyn Johnson and Angeline Vuong were on a hike deliberating how hard it can be for people to get started in angel investing when they realized they had stumbled upon a startup idea.

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Brave Search is adopting AI to answer your queries

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The new "Answer with AI" feature returns neatly formatted answers for questions like "People who walked on the moon," "List of all actors who played Batman" or "How do descale Nespresso pixie."

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ByteDance gets 24 hours to show EU a DSA risk assessment for TikTok Lite

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TikTok owner ByteDance is facing fresh questions about its compliance with the European Union’s Digital Services Act (DSA), an online governance and content moderation framework that puts a legal obligation on larger platforms to mitigate systemic risks in areas like youth mental health. The EU’s latest concerns about TikTok’s DSA compliance center on the launch […]

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a16z-backed Rewind pivots to build AI-powered pendant to record your conversations

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a16z-backed Rewind is now pivoting to build AI-powered meeting suit along with a hardware product to record your conversations.

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NeuBird is building a generative AI solution for complex cloud native environments

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NeuBird founders Goutham Rao and Vinod Jayaraman came from PortWorx, a cloud native storage solution they eventually sold to PureStorage in 2019 for $370 million. It was their third successful exit. When they went looking for their next startup challenge last year, they saw an opportunity to combine their cloud native knowledge, especially around IT […]

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Vorlon is trying to stop the next big API breach

on 3:05 AM with No comments

Application programming interfaces, or APIs as they’re commonly known, are the bedrock of everything we do online. APIs allow two things on the internet to talk with each other, including connected devices or phone apps. But the enormous growth of API usage — around half of all internet traffic — is putting businesses’ data at […]

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Snap plans to add watermarks to images created with its AI-powered tools

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Social media company Snap said Tuesday that it plans to add watermarks to AI-generated images on its platform. The platform is adding a logo of a small ghost with a sparkle icon to denote an AI-generated image. The company said the watermark would appear when the image is exported or saved to the camera roll. […]

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Intel and others commit to building open generative AI tools for the enterprise

on 12:05 AM with No comments

Intel and other tech heavyweights say they'll work together to build open generative AI tools for businesses, as part of a new Linux Foundation organization.

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India scrambles to curb PhonePe and Google’s dominance in mobile payments

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The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to engage with various fintech startups this month to develop a strategy to address the growing market dominance of PhonePe and Google Pay in the UPI ecosystem. NPCI executives plan to […]

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Flatpay rings up $47M to target smaller merchants with simple payment solutions

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As the world waits for $65 billion payments tech giant Stripe to go public, a wave of smaller startups continues to roll into the market to pick up more payments business. In one of the latest developments, Danish company Flatpay, which builds payment solutions for small and medium physical merchants like shops, restaurants and salons, […]

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Wednesday, April 17, 2024

Tuesday, April 16, 2024