Photographers say the social media giant is applying a ‘Made with AI’ label to photos they took, causing confusion for users.
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Friday, June 21, 2024
Squarespace sells restaurant reservation system Tock to American Express for $400M
Website building platform Squarespace is selling Tock, its restaurant reservation service, to American Express in a deal worth $400 million — the exact figure that Squarespace paid for the service three years ago. The news comes shortly after news emerged that private equity giant Permira was taking Squarespace private in a deal worth $6.9 billion […]
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Change Healthcare confirms ransomware hackers stole medical records on a ‘substantial proportion’ of Americans
The February ransomware attack on UHG-owned Change Healthcare stands as one of the largest-ever known digital thefts of U.S. medical records.
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Google is pausing its experiment of allowing real-money games on the Play Store
Google said today that it is globally pausing its experiment of allowing real-money games on the Play Store, where there was no central body for this kind of app. In January, the company said it would start allowing real-money apps widely in June in India, Brazil, and Mexico. Notably, India has had a pilot program […]
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Kevin Hartz’s A* raises its second oversubscribed fund in two years
Venture firms raised $9.3 billion in Q1 according to PitchBook data, which means this year likely won’t match or surpass 2023’s $81.8 billion total. While emerging managers are feeling the fundraising market’s frost the most, some emerging VCs like A* have enough name recognition, and a good enough track record, to still find success. A*, […]
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Influencer shopping app LTK gets an automatic direct message tool
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YouTube confirms crackdown on VPN users accessing cheaper Premium plans
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Thursday, June 20, 2024
Language learning app Speak nets $20M, doubles valuation
Speak, the AI-powered language learning app, has raised new money from investors at double its previous valuation.
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Zepto, a 10-minute delivery app, raises $665 million at $3.6 billion valuation
Zepto has more than doubled its valuation to $3.6 billion from $1.4 billion in less than a year in a new funding round of $665 million as the Mumbai-based startup intensifies the quick commerce competition in the world’s second largest internet market. Zepto sells and delivers everything from grocery items to electronic gadgets within 10 […]
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Materia looks to make accountants more efficient with AI
The U.S. is facing an accountant shortage. Fewer first-time candidates took the CPA exam in 2022 than in 2006, according to the American Institute of Certified Public Accountants. One possible reason people aren’t as interested in the field is the large amount of drudge work involved: Accountants have to rifle through large amounts of unstructured […]
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Semperis, a specialist in Active Directory security now worth more than $1B, raises $125M
Active Directory – the Microsoft directory service for connecting users with network resources – is used by more than 90% of all Fortune 1000 companies and many more besides. So it’s no surprise that it’s a giant target for malicious hackers. That also means a lot of attention for security companies that are building tools […]
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Spotify quietly lets all podcasters upload videos, surpasses 250K shows
Non-hosted podcasters can now upload videos to Spotify. Over 250K video podcasts are on the platform.
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Amazon extends generative AI-powered product listings to Europe
Amazon is bringing its generative AI listing smarts to more sellers, revealing today that those in France, Germany, Italy, Spain, and the U.K. can now access tools designed to improve product listings by generating product descriptions, titles, and associated details. Additionally, sellers can also “enrich” existing product listings by automatically adding missing information. The announcement […]
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Kenya closes its probe of Worldcoin, opening the door to a relaunch of its orbs after a year-long suspension
Worldcoin — the crypto startup co-founded by OpenAI’s Sam Altman — has been given the green light to resume iris-scanning and other operations in Kenya after a year-long government probe over privacy concerns was dropped. Kenya was one of the Worldcoin’s launch countries for its iris-scanning scheme — which the startup was building out as […]
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PQShield secures $37M more for ‘quantum resistant’ cryptography
Malicious hacking is getting increasingly sophisticated, and that’s leading to a very clear trend in security technology. To keep people and organizations safe, security also has to continue advancing its own complexity. Security startup PQShield has gotten an early start on that concept with a focus on “post-quantum” cryptography: software and hardware solutions that, in […]
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