Wednesday, July 17, 2024

Sequoia bets big on Stripe, LatAm fintechs clean up and one African startup’s outsized Series A

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Welcome to TechCrunch Fintech! This week, we’re looking at Sequoia Capital’s effort to give its LPs liquidity on the firm’s investments in Stripe, how LatAm fintechs are still catching investors’ attention, a sizable Series A from an African startup, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to […]


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Anthropic releases Claude app for Android

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Anthropic launched its Claude Android app on Tuesday to bring its AI chatbot to more users. This is Anthropic’s latest effort to convince users to ditch ChatGPT by making Claude available in more places. The Claude Android app will work just like the iOS version released in May, including free access to Anthropic’s best AI […]


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Tuesday, July 16, 2024

Instagram now allows users to add multiple audio tracks to Reels

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Instagram said Tuesday that it will allow users to add multiple audio tracks to their Reels worldwide. The company noted that users can add up to 20 tracks in a single Reel. To add a new track to your video, tap on the “Add to mix” option in the Reel editor. Once you add the […]

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Andreessen Horowitz co-founders explain why they’re supporting Trump

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Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he’s been a Democrat most of his life. He says he has endorsed and voted for Bill Clinton, Al Gore, John Kerry, Barack Obama and Hillary Clinton. However, he says he’s no longer loyal to the Democratic Party. […]

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Fisker cleared to sell North American EVs for $46.25 million

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Fisker has been given the green light by a bankruptcy judge to sell more than 3,000 of its Ocean SUVs to a vehicle leasing company, a deal that will net the defunct EV startup a maximum of $46.25 million. The approval of the sale clears the way for the rest of Fisker’s bankruptcy process to […]

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Elon Musk vows to move X, SpaceX headquarters from California to Texas 

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Elon Musk is doubling down on his commitment to Texas by vowing to move SpaceX’s massive headquarters from its long-time Hawthorne, California home to the Lone Star State.  Musk later said that he would move the headquarters of his social media platform X from San Francisco, California, to Austin, Texas — where his other company, […]

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Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday

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Payments giant Stripe has delayed going public for so long that its major investor Sequoia Capital is getting creative to offer returns to its limited partners. The venture firm emailed LPs in funds raised between 2009 and 2011 with an offer to buy up to $861 million worth of shares in Stripe, Axios reported. Sequoia […]


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Monday, July 15, 2024

Presti uses generative AI to improve product photography in the furniture industry

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If you’ve ever bought a sofa on an online store, have you thought about the homes that you can see in the background? When it’s time to release a new collection, furniture brands usually spend a small fortune on photo shoots. It’s a cumbersome and expensive process as it’s not easy to move furniture around. […]

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Google backs Indian open-source Uber rival

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Google has joined investors backing Namma Yatri, an open-source ride-sharing app in India that is eroding market share from Uber and Ola with its no-commission model. Namma Yatri, whose parent firm is Moving Tech, works atop of Open Network for Digital Commerce, an interoperable e-commerce scheme backed by the Indian government. Namma Yatri’s app connects […]

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TikTok glitch allows Shop to appear to users under 18, despite adults-only policy

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The tests indicate there are loopholes in TikTok's ability to apply its parental controls and policies effectively in a situation where the teen user originally lied about their age, as many likely do.

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