PayPal is pitching an AI-led turnaround, tying automation and restructuring to $1.5B in savings as it cuts jobs and works to modernize its tech stack.
Posted from: this blog via Microsoft Power Automate.
Tuesday, May 5, 2026
Kaspersky suspects Chinese hackers planted a backdoor into Daemon Tools in ‘widespread’ attack
The cybersecurity company says it's seen thousands of infection attempts, and at least a dozen successful hacks after users installed malicious versions of the popular Windows software.
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Etsy launches its app within ChatGPT as it continues its AI push
Etsy's new native app within ChatGPT aims to be a conversational shopping experience for users.
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Hackers steal students’ data during breach at education tech giant Instructure
The data breach at education tech giant Instructure includes students' private data, according to a sample of the allegedly stolen data seen by TechCrunch.
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ElevenLabs lists BlackRock, Jamie Foxx and Longoria as new investors
4. ElevenLabs reveals new investors, hits $500M ARR, and expands enterprise footprint as voice AI becomes a critical interface.
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Meta will use AI to analyze height and bone structure to identify if users are underage
The visual analysis system is now operating in select countries, but Meta says it's working toward a broader rollout.
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For the next four days only, you can buy one pass to TechCrunch Disrupt 2026 and get 50% off a second of the same ticket type. That window closes May 8 at 11:59 p.m. PT. After that, prices go up, and you’ll pay more to bring a partner or colleague. Register today to get your plus-one pass at 50% off.
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CopilotKit raises $27M to help devs deploy app-native AI agents
The Seattle-based startup's Series A round was led by Glilot Capital, NFX and SignalFire, TechCrunch has exclusively learned.
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India’s first GenAI unicorn shifts to cloud services as AI model ambitions face reality
Krutrim's pivot to cloud after layoffs and limited product updates reflects the economic challenges of building AI models in India.
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Amazon bets Nobel Prize-based dehumidification can cut its energy use
Amazon will buy a new type of HVAC system for its commercial buildings to slash energy use.
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Monday, May 4, 2026
As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’
The Nvidia CEO seems to feel that claims of AI's job-killing potential have been greatly exaggerated.
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Geothermal startup Fervo Energy to raise up to $1.3B in IPO
Enhanced geothermal startup Fervo Energy’s IPO could value the company at up to $6.5 billion.
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U.S. government warns of severe CopyFail bug affecting major versions of Linux
U.S. cybersecurity agency CISA says the CopyFail bug is being actively used in hacking campaigns, and poses a major risk to servers and datacenters that rely on Linux.
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OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO
AI chip maker Cerebras is heading for a blockbuster IPO that could value it at $26.6 billion or more. Its relationship with OpenAI is deep and rich.
Posted from: this blog via Microsoft Power Automate.
Sierra raises $950M as the race to own enterprise AI gets serious
The raise gives Sierra more than $1 billion to work with — capital the company says it will use to become the "global standard" for AI-powered customer experiences.
Posted from: this blog via Microsoft Power Automate.