Sunday, July 21, 2024

What Kamala Harris has said about AI, tech regulation, and more

With President Joe Biden dropping out of the race, Vice President Kamala Harris may become the Democrats’ new nominee. In announcing his plans, Biden offered his “full support and endorsement for Kamala to be the nominee of our party this year,” while Harris said her “intention is to win and earn this nomination.” That said, […]

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What Kamala Harris has said about AI, tech regulation, and more

With President Joe Biden dropping out of the race, Vice President Kamala Harris may become the Democrats’ new nominee. In announcing his plans, Biden offered his “full support and endorsement for Kamala to be the nominee of our party this year,” while Harris said her “intention is to win and earn this nomination.” That said, […]


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Joe Biden drops out of presidential race

U.S. President Joe Biden has announced he no longer plans to seek reelection, a decision that follows weeks of growing pressure from some Democratic Party supporters, including high-profile tech investors and executives. “It has been the greatest honor of my life to serve as your President,” Biden said in a statement. “And while it has […]

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WazirX halts trading after $230 million ‘force majeure’ loss

WazirX, one of India’s largest cryptocurrency exchanges, has “temporarily” suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security breach. The Mumbai-based exchange said in a tweet Sunday evening that the cyber attack had substantially impaired its ability to maintain the critical 1:1 collateral […]


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WazirX halts trading after $230 million ‘force majeure’ loss

WazirX, one of India’s largest cryptocurrency exchanges, has suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security breach. The Mumbai-based exchange said in a tweet Sunday evening that the cyber attack had substantially impaired its ability to maintain the critical 1:1 collateral ratio […]

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From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader

Subject to shareholder approval, Yandex N.V. is adopting the name of one of its few remaining assets, an AI cloud platform called Nebius AI which it birthed last year.

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Saturday, July 20, 2024

Bethesda Game Studios employees form a ‘wall-to-wall’ union

Employees at Bethesda Game Studios — the Microsoft-owned game developer that produces the Elder Scrolls and Fallout franchises — are joining the Communication Workers of America. Quality assurance testers at Bethesda’s parent organization ZeniMax unionized last year, becoming Microsoft’s first official union in the United States. In its announcement, the CWA calls Bethesda’s new union […]

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CrowdStrike’s update fail causes global outages and travel chaos

This week saw one of the most widespread IT disruptions in recent years linked to a faulty software update from popular cybersecurity firm CrowdStrike. Businesses across the world reported IT outages, including Windows “blue screen of death” errors on their computers, impacting airlines, banks, retailers, brokerage houses, media companies and railway networks. OpenAI released GPT-4o […]

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TechCrunch Minute: OpenAI shrinks its flagship model

OpenAI is launching a mini version of its latest AI model. These small AI models are meant to be faster and more affordable than the full version — making them particularly useful for simple, high-volume tasks. That should appeal to smaller developers who don’t necessarily have a lot of money for AI costs but want […]


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Friday, July 19, 2024