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Londons first defense tech hackathon brings Ukraine war closer to the citys startups
Last week, the UK announced its largest ever military support package for Ukraine. The bill takes the U.K.s total support for this financial year to 3 billion not quite the $50 billion the US pledged recently, but still substantial. But while most of those funds will be spent on very traditional military hardware, a [] 2024 TechCrunch. All rights reserved. For personal use only.
The Evolution Of Military Drones: Harnessing The Power Of Artificial Intelligence
In recent years, the fusion of artificial intelligence (AI) and unmanned aerial vehicles (UAVs), commonly known as drones, has revolutionised
Top 10 Most Funded Ecommerce Startups Of 2023
TikTok faces a ban in the US, Tesla profits drop and healthcare data leaks
Welcome, folks, to Week in Review (WiR), TechCrunchs regular newsletter covering this weeks noteworthy happenings in tech. TikToks fate in the U.S. looks uncertain after President Joe Biden signed a bill that included a deadline for ByteDance, TikToks parent company, to divest itself of TikTok within nine months or face a ban on distributing it [] 2024 TechCrunch. All rights reserved. For personal use only.
Will a TikTok ban impact creator economy startups? Not really, founders say
President Joe Biden signed a bill on Wednesday that could ban TikTok for real this time. After so many false starts and stops, some creator economy founders and their clients are rolling their eyes. Theyve been through this before. I think two years ago, this would have been devastating, Karat Financial co-founder and co-CEO [] 2024 TechCrunch. All rights reserved. For personal use only.
Investors wont give you the real reason they are passing on your startup
When an investor passes on you, they will not tell you the real reason, said Tom Blomfield, group partner at Y Combinator. At seed stage, frankly, no one knows whats going to fucking happen. The future is so uncertain. All theyre judging is the perceived quality of the founder. When they pass, what theyre thinking [] 2024 TechCrunch. All rights reserved. For personal use only.
The valley of death for climate lies between early-stage funding and scaling up
It's easier for climate companies to get enough funding to get started. It's much harder once they need money to scale. 2024 TechCrunch. All rights reserved. For personal use only.
A wrestling match over who should control robotaxis is playing out in California
Cities around the country have long been crying out for more control over how autonomous vehicles are deployed on their streets. In California, they might finally get their wish. A handful of AV-related bills, which made progress this month in their long journey through the state legislature, could put more restrictions on companies like Cruise, [] 2024 TechCrunch. All rights reserved. For personal use only.
Creators of Sora-powered short explain AI-generated videos strengths and limitations
OpenAIs video generation tool Sora took the AI community by surprise in February with fluid, realistic video that seems miles ahead of competitors. But the carefully stage-managed debut left out a lot of details details that have been filled in by a filmmaker given early access to create a short using Sora. Shy Kids [] 2024 TechCrunch. All rights reserved. For personal use only.
How Indian Dairytech Startups Are Spearheading White Revolution 2.0 In India
More than five decades ago, India desired to become a self-dependent nation in milk production. Consequently, the country launched Operation
Exclusive: Healthify Fires 150 Employees In A Restructuring Exercise
Bengaluru-based healthtech startup Healthify (formerly HealthifyMe) laid off around 150 employees, or about 27% of its workforce, in a restructuring
Indias Ecommerce Sector In 2023 In 7 Frames
The 10th and 12th examinations conducted by CBSE Board will now be conducted twice a year. Actually such a claim is being made in many media reports. However, till now no official confirmation has been given by the board regarding this. CBSE Board: According to sources, CBSE Board has planned to conduct the examinations of [] The post CBSE Board: Now CBSE Board 10th and 12th examinations can be conducted twice a year, instructions can be issued soon! first appeared on discountwalas .
It is reported that the Municipal Corporation has sent its details to the department and now the department is busy in further preparations. There is a possibility that soon an order in this regard can be issued and its benefits can be given to the employees. Employees Salary Update: There is a relief news for [] The post Employees Salary Update: Good news for employees, will soon get the benefit of seventh pay scale! Preparations started, department asked for this information first appeared on discountwalas .
CarTrade Expands ESOP Pool With Additional 3.04 Lakh Stock Options
Auto marketplace CarTrades board has approved the allotment of 3.04 Lakh shares under its various employee stock option plan (ESOP)
Heres Everything You Need To Know About X-Ray Lithography
What Is X-Ray Lithography? X-ray lithography is a high-resolution patterning technique to fabricate micro and nanoelectronic devices. It employs X-ray
Understanding Venture Debt: A Strategic Financing Option For Indian Startups
Venture debt financing has emerged as a significant alternative for startups in India, providing a lifeline for those seeking capital
How Rubriks IPO paid off big for Greylock VC Asheem Chandna
Asheem Chandna says he was so impressed with founder Bipul Sinha's grit and tech, he led Rubrik's $40 million Series B in 2015. 2024 TechCrunch. All rights reserved. For personal use only.
Photo-sharing community EyeEm will license users photos to train AI if they dont delete them
EyeEm, the Berlin-based photo-sharing community that exited last year to Spanish company Freepik after going bankrupt, is now licensing its users photos to train AI models. Earlier this month, the company informed users via email that it was adding a new clause to its Terms & Conditions that would grant it the rights to upload [] 2024 TechCrunch. All rights reserved. For personal use only.
Meta AI tested: Doesnt quite justify its own existence, but free is free
Metas new large language model, Llama 3, powers the imaginatively named Meta AI, a newish chatbot that the social media and advertising company has installed in as many of its apps and interfaces as possible. How does this model stack up against other all-purpose conversational AIs? It tends to regurgitate a lot of web search [] 2024 TechCrunch. All rights reserved. For personal use only.
So are we banning TikTok or what? Also: Can an influencer really tank an $800M company?
Welcome to Startups Weekly your weekly recap of everything you cant miss from the world of startups. Sign up here to get it in your inbox every Friday. Ticktock, TikTok: Its been a wild week for TikTok. Even as the company starts testing its Twitter competitor in certain marketsand launches its luxury secondhand shop [] 2024 TechCrunch. All rights reserved. For personal use only.
Railway Ticket: Big news for passengers, rules for purchasing general and platform tickets changed
Railway Ticket: It has become easier than ever for passengers to get general and platform tickets through the UTS on mobile app. The outer circle distance requirement has been abolished. Railway Ticket Booking: Big news has come for railway passengers. Indian Railways has made a major change in the rules for purchasing e-tickets. Jio facing [] The post Railway Ticket: Big news for passengers, rules for purchasing general and platform tickets changed first appeared on discountwalas .
Curio raises funds for Rio, an AI news anchor in an app
AI may be inching its way into the newsroom, as outlets like Newsweek, Sports Illustrated, Gizmodo, VentureBeat, CNET and others have experimented with articles written by AI. But while most respectable journalists will condemn this use case, there are a number of startups that think AI can enhance the news experience at least on [] 2024 TechCrunch. All rights reserved. For personal use only.
Meta Appointed As The Co-Chair Of USIBCs AI Task Force
The US-India Business Council (USIBC) has announced the appointment of social media juggernaut Meta as the co-chair of its artificial
TechCrunch Minute: Rabbits R1 vs Humanes Ai Pin, which had the best launch?
After a successful unveiling at CES, Rabbit is letting journalists try out the R1 a small orange gadget with an AI-powered voice interface. This comes just weeks after the launch of the Humane Ai Pin, which is similarly pitched as a new kind of mobile device with AI at its center. While were still [] 2024 TechCrunch. All rights reserved. For personal use only.
Disrupt 2024 speaker applications close at midnight
Act fast! Applications for our Call for Content close today, April 26 at 11:59 p.m. PT. If youre a seasoned startup pro ready to lead a session at TechCrunch Disrupt on October 28-30, nows your chance to apply! Send in your proposal to speak at TechCrunch Disrupt 2024 before the deadline hits. Your topic should [] 2024 TechCrunch. All rights reserved. For personal use only.
Pitch Deck Teardown: NOQXs $200K pre-seed deck
Aside from the crucial omission of an Ask and Use of Funds slide, just about every slide in the deck felt almost very good but then stumbled by overlooking an important detail. 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI Startup Fund quietly raises $15M
The OpenAI Startup Fund, a venture fund related to but technically separate from OpenAI that invests in early-stage, typically AI-related companies across education, law, and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and Exchange Commission, two unnamed investors contributed the $15 million in [] 2024 TechCrunch. All rights reserved. For personal use only.
Googles new Speaking practice feature uses AI to help users improve their English skills
Google is testing a new Speaking practice feature in Search that helps users improve their conversational English skills. The company told TechCrunch that the feature is available to English learners in Argentina, Colombia, India, Indonesia, Mexico and Venezuela who have joined Search Labs, its program for users to experiment with early-stage Google Search experiences. The [] 2024 TechCrunch. All rights reserved. For personal use only.
Area man, Twilio co-founder Jeff Lawson, buys The Onion
Jeff Lawson, the co-founder and recently departed CEO of enterprise infrastructure software company Twilio, is the proud new owner of satirical online newspaper The Onion. Alright, the news is out yes, I bought The Onion, Lawson wrote in a LinkedIn post earlier today, after it first emerged in The New York Times yesterday. The [] 2024 TechCrunch. All rights reserved. For personal use only.
Good news for Rubrik, bad news for TikTok, and medium news for Early Stage startups
Rubriksstrong IPOpricing and warm reception by the public markets after its listing add more weight to the perspective that the public markets are not as closed to tech startups as some thought. If Rubriks result isnt enough to break the logjam, well, maybe theres something else going on. But there was a lot more that [] 2024 TechCrunch. All rights reserved. For personal use only.
Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal
Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. A newly-formed entity called Luke Bidco Ltd, formed by private equity giant Thoma Bravo, has tabled an all-cash bid of 6.20 ($7.75) per share, which represents a 44% premium on its average price for the three-month [] 2024 TechCrunch. All rights reserved. For personal use only.
Tesla Autopilot investigation closed after feds find 13 fatal crashes related to misuse
The National Highway Traffic Safety Administration closed a long-standing investigation into Teslas Autopilot driver assistance system after reviewing hundreds of crashes involving its misuse, including 13 that were fatal and many more involving serious injuries. At the same time, NHTSA is opening a new investigation to evaluate whether the Autopilot recall fix that Tesla implemented [] 2024 TechCrunch. All rights reserved. For personal use only.
Shein to face EUs strictest rules for online marketplaces
Ultra-fast fashion ecommerce giant Shein will be subject to an additional layer of governance rules targeted at very large online platforms (VLOPs) under the European Unions Digital Services Act (DSA), the Commission announced Friday. Shein had reported passing an average of 45 million monthly users in the region which is the threshold for the [] 2024 TechCrunch. All rights reserved. For personal use only.
Goldman Sachs Ups Zomatos PT To INR 240, Says Blinkit More Valuable Than Food Delivery Biz
Brokerage firm Goldman Sachs maintained its Buy rating on foodtech major Zomato in its latest report and hiked the price
Global Founders Capital will deploy Rocket Internets cash instead of raising a new fund
Global Founders Capital, the Berlin-based early stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. The VC previously raised two $1 billion funds and, just a few years ago, its name appeared in dozens of deals per year. But then, things [] 2024 TechCrunch. All rights reserved. For personal use only.
How DrinkPrime Is Making Water Purifiers Tech-Smart
Wibmos Payment Gateway Solution To Aid Digital Distribution Of Banks, Financial Firms
PayU-owned online payments processor Wibmo is developing a payment gateway solution to aid digital distribution capabilities of large banks and
xAI, Elon Musks 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted source close to the deal. The deal which would give investors one quarter of the company is expected to close in the next few weeks unless the terms [] 2024 TechCrunch. All rights reserved. For personal use only.
A damn hard thing to do: Tesla co-founder JB Straubel takes on battery recycling
The company he built, Redwood Materials, is now the largest battery recycler in North America, and its using those recycled materials to manufacture complex battery components.
RBI Directs TalkCharge To Stop Issuing Wallets; Refund Balances
The Reserve Bank of India (RBI) has once again directed payments platform TalkCharge Technologies to cease operation and issuance of
Unlocking Growth: How Alternative Investment Funds Are Fuelling Tech Startups In India
Indias tech startup ecosystem has exploded onto the global stage, captivating investors with record-breaking funding rounds and a constant stream
Zomatos quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomatos quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the banks sum-of-the-parts analysis. The investment bank estimates Blinkits implied value at 119 Indian rupees per share ($1.43) or about $13 billion, while Zomatos food [] 2024 TechCrunch. All rights reserved. For personal use only.
The FTCs ban on noncompete clauses could be good for startups. But it also might be struck down.
The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies cant require their employees, that arent senior executives, to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTCs ruling will impact industries [] 2024 TechCrunch. All rights reserved. For personal use only.
Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn
Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. Thats a noteworthy number, given that NVP last raised the same amount in December 2021. That was the peak of the venture boom, and at that time, the firm said it increased its capital pool by [] 2024 TechCrunch. All rights reserved. For personal use only.
Defense startup True Anomaly lays off around 25%, cancels summer internship
Space and defense startup True Anomaly has laid off around 25% of its workforce and cancelled its summer internship program, TechCrunch has learned. 2024 TechCrunch. All rights reserved. For personal use only.
Snap says total watch time on its TikTok competitor increased more than 125%
As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. Snapchat launched the TikTok-like feed in late 2020 as a way to compete with the rising popularity of TikTok. The company is touting the success of its short-from video feed a [] 2024 TechCrunch. All rights reserved. For personal use only.
Its a sunny day for Google Cloud
Google Cloud had a blockbuster quarter, driving parent company Alphabet's revenues and stock price to impressive highs. 2024 TechCrunch. All rights reserved. For personal use only.
Why Meta is looking to the fediverse as the future for social media
Metas move into the open social web, also known as the fediverse, is puzzling. Does the Facebook owner see open protocols as the future? Will it embrace the fediverse only to shut it down, shifting people back to its proprietary platforms and decimating startups building in the space? Will it bring its advertising empire to [] 2024 TechCrunch. All rights reserved. For personal use only.
Kaiser, one of the largest healthcare organizations in the United States, said it was notifying 13.4 million members of a data breach earlier in April. 2024 TechCrunch. All rights reserved. For personal use only.
Sanctuarys new humanoid robot learns faster and costs less
Sanctuary AI often isnt mentioned in the same breath as humanoid robotics firms like Boston Dynamics, Agility, Figure and 1X, but the Canadian company has been operating in the space for some time. In fact, a new robot introduced on Thursday is actually the seventh-generation of its Phoenix line. While a recent iteration introduced legs [] 2024 TechCrunch. All rights reserved. For personal use only.
Gravitics to develop tactically responsive orbital platforms for the Space Force
The contract is part of a larger push from the Force to procure space capabilities from private industry on timelines that have been previously unheard of. 2024 TechCrunch. All rights reserved. For personal use only.
Is TikTok getting banned? Not yet, but you should explore alternatives
As a TikTok ban gets closer to becoming a reality in the United States, it might be time to start thinking about other platforms to adopt early in case youre left to fill the void left by the popular app at some point in the future. On Wednesday, President Biden signed a bill that would [] 2024 TechCrunch. All rights reserved. For personal use only.
Speaker applications close tomorrow for TechCrunch Disrupt 2024
Hurry up! Our Call for Content ends tomorrow, April 26 at 11:59 p.m. PT. If youre a startup expert eager to lead a session at TechCrunch Disrupt on October 28-30, nows the time to apply! Submit your proposal to speak at TechCrunch Disrupt 2024 before the deadline. Your topic should empower startup founders, builders, and [] 2024 TechCrunch. All rights reserved. For personal use only.
Gen Z is losing its political voice on social media
President Joe Biden signed the bill this week that could ban TikTok from the U.S. if its parent company ByteDance doesnt sell the platform. According to young political content creators, the ban could decimate Gen Zs access to political news and information. An unfortunately large amount of 18- to 24-year-olds find out information about local [] 2024 TechCrunch. All rights reserved. For personal use only.
FCC officially votes to reinstate net neutrality
This restores, with some changes and protections, the rules passed back in 2015 allowing the FCC to enforce basic rules of connectivity and fairness in broadband. 2024 TechCrunch. All rights reserved. For personal use only.
Rubriks shares climb 20% in its public debut
This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88% from its last primary valuation of $3.5 billion in 2019. 2024 TechCrunch. All rights reserved. For personal use only.
Bluesky backs a project that would let Mastodon apps, like Ivory, work with its network
SkyBridge was among the recipients of a small distribution of $4,800 in grant funding from Bluesky, distributed across projects. 2024 TechCrunch. All rights reserved. For personal use only.
Threads launches custom mute filters, teases controls for quote posts
Threads and Instagram head Adam Mosseri announced today that Threads is launching a new feature that lets users filter out words and phrases from their feeds and mentions. The Hidden Words feature automatically mutes common words, phrases, and emojis that might be offensive to users. In addition to these preset filters, users can add their [] 2024 TechCrunch. All rights reserved. For personal use only.
After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin
The company announced that it would start to let customers accept cryptocurrency payments, starting with USDC stablecoins, initially only on Solana, Ethereum and Polygon 2024 TechCrunch. All rights reserved. For personal use only.
Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market
Fintoc's API lets online businesses accept instant payments coming directly from the customer's bank account. This method, known as A2A, offers an alternative to credit card transactions. 2024 TechCrunch. All rights reserved. For personal use only.
TechCrunch Minute: FTC bans noncompetes, court challenge incoming
The Federal Trade Commission voted 3-2 this week to ban noncompete agreements. While the FTC estimates that nearly one in five American workers is subject to a noncompete, these agreements havent been a huge issue in Silicon Valley, because theyre not enforceable in California. This has arguably been one of the regions competitive advantages, as [] 2024 TechCrunch. All rights reserved. For personal use only.
Lenskarts FY23 Sales Surge Over 150% To Inch Closer To INR 4,000 Cr Mark
Peyush Bansal-led eyewear giant Lenskarts sales inched closer to the INR 4,000 Cr mark in the financial year ended March
Enterprise Tech Startup FlexiCloud Internet Gets Strategic Investment From Ramoji Group
Ramoji Groups food manufacturing arm Ushodaya Enterprises has announced an undisclosed strategic investment in Kochi-based cloud hosting solutions provider FlexiCloud
Mutual Funds Increase Stake In Paytm In March Quarter, FII Holding Declines
Amid the ongoing regulatory turmoil at fintech major Paytm, Indian mutual funds increased their shareholding in the Vijay Shekhar Sharma-led
Exclusive: Clix Capital Raises $6 Mn Debt Funding From DCB Bank
Delhi NCR-based Clix Capital has secured a debt funding of $6 Mn from DCB bank. As per the regulatory filing
RevenueCat raises $12M Series C as it expands its subscription management to the web
With RevenueCat Billing, essentially a web SDK, developers can accept subscription payments from any website. 2024 TechCrunch. All rights reserved. For personal use only.
Swiggy Backer Prosus Promotes Ashutosh Sharma To Lead India, SEA Investments
Prosus Ventures, which counts BYJUS, Swiggy, Meesho, Olx and Fashinza among its Indian portfolio companies, has promoted its head of
Paystand acquires Teampay to be DeFi version of Venmo for B2B payments
Teampay represents this new class of fintech companies that came up, said Paystand CEO Jeremy Almond. 2024 TechCrunch. All rights reserved. For personal use only.
The impact of TikToks ban in other countries could signal whats ahead for the U.S.
On April 24, U.S. President Joe Biden signed a bill that would ban TikTok if its owner ByteDance doesnt sell the app. The bill requires ByteDance to secure a deal within nine months, with a 90-day extension available to close it. After this deadline, the U.S. will bar app stores from listing the app. TikTok [] 2024 TechCrunch. All rights reserved. For personal use only.
Carv raises $10M Series A to help gamers monetize their data
Carv, a data layer platform that lets web3 gaming and AI companies, as well as gamers, control and monetize their data, has raised a $10 million Series A round led by Tribe Capital and IOSG Ventures. Carvs new round comes approximately five months after it received a strategic investment led by HashKey Capital. The startup [] 2024 TechCrunch. All rights reserved. For personal use only.
Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices
Two veteran security experts are launching a startup that aims to help other makers of cybersecurity products to up their game in protecting Apple devices. Their startup is called DoubleYou, the name taken from the initials of its co-founder, Patrick Wardle, who worked at the U.S. National Security Agency between 2006 and 2008. Wardle then [] 2024 TechCrunch. All rights reserved. For personal use only.
Indias ICICI Bank exposed thousands of credit cards to wrong users
ICICI Bank, one of Indias top private banks, exposed the sensitive data of thousands of new credit cards to customers who were not their intended recipients. The Mumbai-based bank confirmed to TechCrunch Thursday that its digital channels erroneously mapped about 17,000 credit cards issued in the past few days to wrong users. The issue came [] 2024 TechCrunch. All rights reserved. For personal use only.
Watch it and weep (or smile): Synthesias AI video avatars now feature emotions
Generative AI has captured the public imagination with a leap into creating elaborate, plausibly real text and imagery out of verbal prompts. But the catch and there is often a catch is that the results are often far from perfect when you look a little closer. People point out strange fingers, floor tiles [] 2024 TechCrunch. All rights reserved. For personal use only.
Meta could face further squeeze on surveillance ads model in EU
Metas tracking ads business could be facing further legal blows in the European Union: An influential advisor to the blocs top court affirmed Thursday that the regions privacy laws limits on how long peoples data can be used for targeted advertising. In the non-legally binding opinion, Advocate General Athanasios Rantos said use of personal data [] 2024 TechCrunch. All rights reserved. For personal use only.
Kedaara Capital Wraps Up Indias Largest PE Fund
India-focused private equity firm Kedaara Capital has marked the final close of its fourth investment vehicle, Kedaara IV, at a
TikTok pulls feature from Lite app in EU over addiction concerns
TikTok suspended a gamification feature in the European Union following an intervention by the bloc. With attention on TikToks growing pile of US legal woes, the announcement went mostly unnoticed when it occurred late local time Wednesday. TikToks move came just two days after the EU opened an investigation into a so-called task and reward [] 2024 TechCrunch. All rights reserved. For personal use only.
Playruo lets you try game demos from your web browser
Its still unclear whether cloud gaming will ever become the next big thing. The appeal is clear: The game youre playing runs in a data center near you, and the video output is directly streamed to your local device. When you interact with the game, everything is relayed back to the data center. When it [] 2024 TechCrunch. All rights reserved. For personal use only.
Edonia grabs 2M to turn microalgae into less bitter-tasting ground meat alternative
The company produces plant-based ingredients from raw microalgae biomass, generated from spirulina or chlorella, that it claims is more nutritious than meat. 2024 TechCrunch. All rights reserved. For personal use only.
Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, which competes with publicly-listed Zomato and StepStone Group-backed unicorn Zepto, plans to raise $450 million through issuance of [] 2024 TechCrunch. All rights reserved. For personal use only.
Solar companies seek new U.S. tariffs on Asian imports
Petitions come amid growing alarm within the U.S. solar industry that a flood of cheap Chinese green energy technology exports are pushing down prices of solar panels and threatening efforts by the Biden administration to develop a domestic solar supply chain.
Mark Zuckerberg says Threads has 150 million monthly active users
Metas Twitter/X rival Threads is growing at a stable pace. The social network now has more than 150 million monthly active users up from 130 million in February Mark Zuckerberg mentioned during the companys Q1 2024 earnings call. Since the last quarterly earnings call, Threads has notably taken steps towards integrating with ActivityPub, [] 2024 TechCrunch. All rights reserved. For personal use only.
Groww Gets SEBI Nod To Launch Nifty Non-Cyclical Consumer Index Fund
Fintech unicorn Groww has received Securities and Exchange Board of Indias (SEBI) nod to launch Indias first Nifty non-cyclical consumer
Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture Partners and Foresite Labs, an affiliate of Foresite Capital, announced that they incubated Xaira Therapeutics and funded the AI biotech with $1 billion. Other investors [] 2024 TechCrunch. All rights reserved. For personal use only.
Anduril moves ahead in Pentagon program to develop unmanned fighter jets
Anduril Industries has taken another step forward in its quest to become the next great American prime, this time by beating out major defense companies to develop and test small unmanned fighter jet prototypes. The venture capital darling beat out Boeing, Lockheed Martin and Northrop Grumman on the deal, under the Air Forces Collaborative Combat [] 2024 TechCrunch. All rights reserved. For personal use only.
IBM moves deeper into hybrid cloud management with $6.4B HashiCorp acquisition
With HashiCorp, Big Blue gets a set of cloud lifecycle management and security tools, and a company that is growing considerably faster than any of IBMs other businesses. 2024 TechCrunch. All rights reserved. For personal use only.
Rabbits R1 is a little AI gadget that grows on you
If theres one overarching takeaway from last nights Rabbit R1 launch event, its this: Hardware can be fun again. After a decade of unquestioned smartphone dominance, there is, once again, excitement to be found in consumer electronics. The wisdom and longevity of any individual product or form factor while important can be set [] 2024 TechCrunch. All rights reserved. For personal use only.
JioCinema, the Indian streaming service, launches 35-cent tier to box out Netflix and Prime Video
JioCinema introduced new monthly subscription plan on Thursday, with the lowest tier costing just 35 cents. 2024 TechCrunch. All rights reserved. For personal use only.
Eric Schmidt-backed Augment, a GitHub Copilot rival, launches out of stealth with $252M
Augment, a startup developing an AI-powered platform similar to GitHub's Copilot, has launched out of stealth valued at nearly $1 billion. 2024 TechCrunch. All rights reserved. For personal use only.
TikTok ban signed into law by President Biden: How we got here, and what comes next
TikTok faces an uncertain fate in the U.S. once again. A bill including a deadline for TikTok parent company Bytedance to divest within nine months or face a ban on app stores to distribute the app in the U.S., was signed by President Joe Biden on Wednesday as part of broader legislation including military aid [] 2024 TechCrunch. All rights reserved. For personal use only.
