New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch. Payoneer said it could also pay up to another $10 million, contingent on if Skuad meets various performance goals within the first 18 months of the acquisition. Payoneer also committed to […]
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Elon Musk's X is being taken to court in Ireland for using Europeans' data to train AI models without asking for their consent.
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Automattic, the owner of WordPress.com, has launched a new AI tool designed to help bloggers write more clearly and succinctly.
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Cybersecurity remains a white-hot space for investors, and in the latest deal, EQT is taking a majority stake in Acronis, a security company that specializes in data protection, cloud and integrated security solutions for managed service providers (who in turn resell services to consumers) and corporate IT teams. Financial terms of the deal — including […]
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The ICO issued the provisional fine in "failing to implement appropriate security measures prior to the attack."
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Airbnb CEO Brian Chesky suggested on Tuesday’s Q2 earnings call with investors that the company will soon expand into new products and services, including co-hosting, a relaunch of Airbnb’s “experiences,” guest services and more. The company positioned the upcoming offerings as a way for Airbnb to grow its revenue by becoming known for doing more […]
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Rivian’s financial losses have crept up as it pushed out the last of its first-generation R1 trucks and SUVs in favor of newer, more cost-efficient versions — a sign of just how much the company could use the $5 billion it could get as part of a recently announced deal with Volkswagen Group. The company […]
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Reddit users will soon see AI-generated summaries at the top of search results. Reddit CFO Drew Vollero told investors during its earnings call on Tuesday that the company plans to test AI-powered search result pages to “summarize and recommend content.” He noted this will help users “dive deeper” into content and discover new Reddit communities. […]
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Welcome to TechCrunch Fintech! This week, we’re looking at Revolut’s reported valuation hike, fintech unicorns, the Disrupt Fintech Stage, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8 a.m. PT, subscribe here. The big story Revolut reportedly told staff last week of […]
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Amazon Music announced Tuesday the launch of its new AI-powered feature, “Topics,” which allows users to explore podcast episodes by specific topics discussed in the episode. When you visit the page of a podcast episode, look for new Topic tags below the episode description. You can tap on a tag to see a list of […]
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