Wednesday, July 31, 2024

Over 100 VCs pledge support for Kamala Harris

More than 100 VCs, including Reid Hoffman, Vinod Khosla and Mark Cuban have pledged to vote for Vice President Kamala Harris in the upcoming U.S. presidential election. Mobilizing under the group VCsForKamala, the VCs are also soliciting donations for Harris’ campaign. But the organizers say the effort isn’t meant to align with any one political […]

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Bumble and Hinge allowed stalkers to pinpoint users’ locations down to 2 meters, researchers say

Badoo, Bumble, Grindr, happn, Hinge and Hily all had the same vulnerability that could have helped a malicious user to identify the near-exact location of another user, according to the researchers.

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Fintech giant Stripe keeps on buying

Welcome to TechCrunch Fintech! This week, we’re looking at Stripe’s easy-peasy acquisition, the role fintech played in Clio’s latest raise, the latest with digital banking startup Mercury, and more.  To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big […]


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Tuesday, July 30, 2024

OpenAI endorses Senate bills that could shape America’s AI policy

A lot of AI bills are flying around Congress these days, and OpenAI is throwing its weight behind some of them. OpenAI endorsed three Senate bills on Tuesday which could shape the federal government’s stance on artificial intelligence. One of the bills – the Future of AI Innovation Act – would formally authorize the United […]

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Tiger Global partner Alex Cook to leave firm, sources say

Alex Cook, a partner at Tiger Global who oversaw some of its largest fintech investments, is departing the firm after a tenure of nearly seven years, three people familiar with the matter told TechCrunch.  Cook has briefed multiple people around him about his departure news in recent days, although he hasn’t explained why he was […]

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Lineaje raises $20M to help organizations combat software supply chain threats

The software supply chain faces threats from all sides. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack, with 54% having experienced one within the past year. Supply chain attacks typically target services from third-party vendors or open source software that make up a […]

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Controversial internet bill KOSA passed by Senate

The Kids Online Safety Act (KOSA) has passed in the Senate after Majority Leader Chuck Schumer (D-NY) pushed the internet bill to a vote. Proposed in 2022, KOSA requires that online platforms take reasonable steps to protect users from harm, and could become the most significant children’s online safety legislation to take effect since COPPA. […]

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OpenAI releases ChatGPT’s hyper-realistic voice to some paying users

OpenAI began rolling out ChatGPT’s Advanced Voice Mode on Tuesday, giving users their first access to GPT-4o’s hyper-realistic audio responses. The alpha version will be available to a small group of ChatGPT Plus users today, and OpenAI says the feature will gradually roll out to all Plus users in the fall of 2024. When OpenAI […]

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Spotify expands lyrics access for free users

Back in May, Spotify quietly started putting lyrics behind a paywall, limiting free users to lyrics for three songs per month. The move was a bid to push more users to pay for the service. After receiving numerous complaints, the company is now expanding the monthly limit. Starting today, Spotify is raising the limit on […]

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Airtable acquihires onboarding startup Dopt for AI talent

Airtable today announced that it has acquired Dopt, a startup focused on helping other startups build product onboarding experiences for new users. Earlier this year, Dopt introduced a number of features that helped users add AI-based assistance tools to their respective services — those are the main reason Airtable is now acquiring the company. The […]

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Friend’s $99 necklace uses AI to help combat loneliness

AI hardware is all the rage in startup land — though receptions have thus far been mixed. Two notable examples, Rabbit and Humane, released devices to disappointing results. a16z-backed Limitless and Exor-backed Bee AI, meanwhile, are working on their own screenless AI wearables. Avi Schiffmann, a Harvard dropout who built a Webby Award-winning website tracking […]

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Egypt’s Cartona raises $8.1M even as investors pull back from B2B e-commerce in Africa

When Egyptian B2B e-commerce platform Cartona last raised money in 2022, global and local investors were eager to invest in African startups solving the supply chain and operational challenges for retailers and suppliers in the fast-moving consumer goods (FMCG) industry. Two years on, investors aren’t as enthused anymore as the business models of such startups, […]

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Qoo10’s CEO pledges personal assets worth $58M to compensate Korean merchants affected by its liquidity crisis

During an emergency hearing held by the South Korean government, Young-bae Ku, Qoo10's founder said he would secure the amount over the next 30 days.

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