Wednesday, April 23, 2025

Mystery will may reveal Zappos founder’s final wishes

According to the WSJ, a recently discovered will suggests late Zappos co-founder Tony Hsieh had concrete plans for his fortune despite previous beliefs that he died without leaving instructions for an estate that’s estimated to be worth $1.2 billion. Among other things, the document, signed in 2015 and included in a recent court filing, contains […]

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IBM affected by DOGE cuts, downplays impact during Q1 earnings call

Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent […]

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OpenAI’s GPT-4.1 may be less aligned than the company’s previous AI models

In mid-April, OpenAI launched a powerful new AI model, GPT-4.1, that the company claimed “excelled” at following instructions. But the results of several independent tests suggest the model is less aligned — that is to say, less reliable — than previous OpenAI releases. When OpenAI launches a new model, it typically publishes a detailed technical […]

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DOJ reportedly probes Disney-FuboTV deal over competition concerns

The U.S. Department of Justice is probing Disney’s deal to take a controlling stake in FuboTV, Bloomberg reports. Fubo is a live TV streaming service known for its extensive sports coverage. Officials are examining whether the deal would create a concentration of power in the sports streaming market. In January, Disney announced that it was going […]

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Anti-Musk protests are now an official risk to Tesla’s business

Protests against Elon Musk and Tesla have been spreading around the world thanks to the CEO’s involvement in the Trump administration. Now those protests are listed in an official “risk factor” in paperwork Tesla is required to file with federal regulators. The new language, filed with the Securities and Exchange Commission on Wednesday morning, shows […]

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Google Gemini has 350M monthly users, reveals court hearing

Gemini, Google’s AI chatbot, had 350 million monthly active users around the globe as of March, according to internal data revealed in Google’s ongoing antitrust suit. The Information first reported the stat. Usage of Google’s AI offerings has exploded in the last year. Gemini had just 9 million daily active users in October 2024, but […]

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Bring a +1 to TechCrunch Sessions: AI and save 50% on their ticket through May 4

You’re not the only one thinking about where AI is headed. So why come alone? From now through May 4, buy your Early Bird ticket to TechCrunch Sessions: AI and save up to $210—plus get 50% off a second ticket for your colleague, co-founder, collaborator, friend, or whoever you want to bring. It’s your opportunity […]

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Meta’s Threads opens up ads to global advertisers

Months after first testing ads in select markets, including the U.S., Meta on Wednesday announced that its Instagram Threads app would now expand ads to all advertisers worldwide. The expansion will allow eligible advertisers to reach Threads’ over 320 million monthly active users, and it will include access to an inventory filter to control the sensitivity level […]

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Tuesday, April 22, 2025

Noxtua raises $92M for its sovereign AI tuned for the German legal system

Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor […]

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Meta’s Oversight Board seeks details on the company’s new hate speech policies

Meta’s Oversight Board, the independent group created to help Meta with content moderation decisions, on Tuesday issued its response to the social media company’s new hate speech policies announced in January. The Board says that Meta’s new policies were “announced hastily, in a departure from regular procedure,” and called on the company to provide more […]

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Intel reportedly plans to lay off over 21,000 employees

Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a Bloomberg report.  The news comes ahead of Intel’s Q1 earnings call helmed by recently appointed CEO Lip-Bu Tan, who replaced longtime chief Pat Gelsinger last year.  With the layoffs, Tan aims to […]

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StrictlyVC heads to Athens for in-depth conversations on European innovation and investment

StrictlyVC is turning up the heat in 2025 — and we’re going international! First stop: Athens, May 8. Get ready for sharp, unfiltered conversations onstage — and your chance to jump into the dialogue. This isn’t just an event; it’s a forum where every attendee has a voice with some of Europe’s most influential tech […]

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xAI’s Grok chatbot can now ‘see’ the world around it

xAI’s Grok chatbot can now answer questions about what’s in view of your smartphone’s camera, similar to real-time vision features available for Google’s Gemini and ChatGPT. On Tuesday, xAI announced the launch of Grok Vision, which lets users point their phone at objects like products, signs, and documents and ask questions about them. Grok Vision […]

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Tesla profits drop 71% on weak sales and anti-Elon Musk sentiment

Tesla’s flailing sales figures have put the company closer to the red than it has been in years, according to financial results released Tuesday, threatening one of its biggest advantages over other EV players. The electric automaker reported $409 million in net income on $19.3 billion in revenue after delivering almost 337,000 EVs in the […]

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Why OpenAI wanted to buy Cursor but opted for the fast-growing Windsurf

Anysphere, maker of AI coding assistant Cursor, is growing so quickly, it’s not in the market to be sold, even to OpenAI, a source close to the company tells TechCrunch. It’s been a hot target. Cursor is one of the most popular AI-powered coding tools and its revenue has been growing astronomically – doubling on […]

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