Wednesday, August 28, 2024

Apple introduces AI-powered object removal in photos with the latest iOS update

Apple released the new developer betas for iOS 18.1, iPadOS 18.1, and macOS 15.1 Sequoia. With this update, the company is launching new Apple Intelligence features, including the ability to remove objects from photos. The feature, called Clean Up, lets users identify and remove an object from the photo without affecting the picture. The system […]

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NEA quietly reenters the secondaries market

New Enterprise Associates (NEA) is getting back into the secondaries game.  The Silicon Valley-based VC raised more than $468 million for NEA Secondary Opportunity Fund, according to an SEC filing. The fundraise closed on July 3, according to a source familiar with the matter, but hasn’t received much attention. The fund raised capital from more […]

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One of Bolt’s proposed new backers, The London Fund, has been scrubbing its web page

One-click checkout tech company Bolt is still waiting to find out if shareholders will sign off on a proposed funding round with stipulations that founder Ryan Breslow would return as CEO. In the meantime, Axios’ Dan Primack did some digging around on The London Fund, a firm that is supposed to provide up to $250 million in “marketing credits” […]

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A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […]

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Google says it’s fixed Gemini’s people-generating feature

Back in February, Google paused its AI-powered chatbot Gemini’s ability to generate images of people after users complained of historical inaccuracies. Told to depict “a Roman legion,” for example, Gemini would show an anachronistic group of racially diverse soldiers while rendering “Zulu warriors” as stereotypically Black. Google CEO Sundar Pichai apologized, and Demis Hassabis, the co-founder of Google’s AI […]

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Calm’s new Story-like mindfulness exercises offer an alternative to social media

Calm is rolling out a suite of new features to make it easier for people to fit mindfulness into their lives. Most notably, the app is launching “Taptivities,” which are interactive text-based stories that take a minute or two to complete. The app is also adding Playlists and personalized search. While users tend to spend […]

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Brave lays off 27 employees

Web browser and search startup Brave has laid off 27 employees across the different departments, TechCrunch has learned. The company confirmed the layoffs but didn’t give more details about the total headcount left and the reason for the layoffs. It represents a significant portion of the company’s staff — PitchBook estimates that Brave has around […]


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Brave lays off 27 employees

Web browser and search startup Brave has laid off 27 employees across the different departments, TechCrunch has learned. The company confirmed the layoffs but didn’t give more details about the total headcount left and the reason for the layoffs. It represents a significant portion of the company’s staff — PitchBook estimates that Brave has around […]

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Just how much cash does Stripe have?

Welcome to TechCrunch Fintech! This week, we’re looking at the craziness that is Bolt’s proposed fundraise, how much money Synapse’s founder has raised for his new venture, just how much cash Stripe has and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 […]


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Tuesday, August 27, 2024

Zepto, snagging $1 billion in 90 days, projects 150% annual growth

Zepto co-founder Aadit Palicha told a group of analysts and investors on Tuesday that the Indian delivery startup anticipates growth of 150% in the next 12 months, a remarkable figure suggesting the fast-growing quick commerce market in India is showing no signs of slowing down. Palicha shared these insights during a call organized by an […]

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