Monday, November 18, 2024

Logitech’s MX console for creatives

Deep into Adobe apps like Photoshop or Premiere? Logitech’s MX Creative Console is designed to streamline your creative workflow with a totally customizable dialpad and keypad. Use the dial or wheel to quickly scrub through timelines in Premiere, detailed brush precision in Photoshop, or cycle through presets on Lightroom. Adding functions and icons is as […]

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Ben Affleck tells actors and writers not to worry about AI

Unions representing Hollywood actors and writers went on strike last year to secure protections against AI systems taking their jobs. But Ben Affleck says that actors and screenwriters shouldn’t worry about AI because it’s not capable of doing either job today, and likely won’t for a long time. “Movies will be one of the last […]

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Venture funding in Europe in 2024 fell to $45 billion, says Atomico

Funding for European tech appears to have stabilised in 2024 after dropping precipitously in 2023, but the signs continue to point to more tough times ahead, according to the latest State of European Tech report.  The annual survey — produced by European VC firm Atomico — notes that startups in the region are on track […]

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Justice Department reportedly pushing Google to spin off Chrome

The Department of Justice is reportedly pushing to force Google to spin off its Chrome browser business. That’s according to Bloomberg, which reports that the Justice Department is also planning to recommend to a federal judge that Google face antitrust requirements related to AI and its Android mobile operating system. The enforcement actions are the […]

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TechCrunch Space: A big pivot

Hello, and welcome back to TechCrunch Space! This week, SpaceX President Gwynne Shotwell said she wouldn’t be surprised if the company launched Starship 400 times over the next four years. What do you think? How realistic are those numbers, on the scale of “almost certain” to “no chance in hell”? I believe SpaceX has the […]

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In 2023 VCs returned the lowest level of capital to their investors since 2011

It’s no secret that the venture capital industry is facing a liquidity crisis as IPOs and other exits remain few and far between after 2020 and 2021’s record-breaking years. Now, we have numbers that show just how bad it’s gotten. In 2023, the U.S. VC industry invested $60 billion more into startups than it collected […]

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Roblox no longer allows users under 13 to message others outside of games

Roblox will not let users under the age of 13 message others outside of games and experiences on the platform, the company said Friday. Roblox also announced a series of other built-in protections for young users, such as age-gating certain experiences, along with enhanced parental controls.  Roblox has been criticized for failing to protect children […]

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MakeMyTrip buys Happay from CRED

MakeMyTrip, India’s largest online travel company, has agreed to acquire the expense management platform Happay from fintech CRED. The deal, announced on Monday, will see Happay’s expense management business and team transition to MakeMyTrip, while the payments division will remain at CRED. The financial terms were not disclosed and couldn’t be immediately learned. CRED, which […]

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India’s HealthKart valued at $500 million in new investment

Indian omni-channel nutrition startup HealthKart has raised $153 million in one of the country’s largest consumer startup transactions this year, valuing the business at about $500 million, according to a source familiar with the matter. The new investment was co-led by private equity firms ChrysCapital and Motilal Oswal, with Avendus Capital serving as financial advisor. […]

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Sunday, November 17, 2024

Oyo founder seeks new investment at $3.8 billion valuation

Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium […]

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World of Warcraft turns 20

Blizzard Entertainment first released World of Warcraft in November 2004, so The New York Times celebrated the anniversary by outlining the many ways we can still see the massively multiplayer online roleplaying game’s influence’s 20 years later. For one thing, while multiplayer games and early social networks such as MySpace already existed, WoW provided a […]

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Norwegian startup Factiverse wants to fight disinformation with AI

In the wake of the U.S. 2024 presidential election, one fact became clear: Disinformation proliferated online at a startling rate, shaping Americans’ views about each candidate as well as a diverse set of topics, including public health, climate change, and immigration. Generative AI – with its ability to produce deepfakes in seconds and its propensity to […]

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