TechCrunch Industry News

Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are suing the Internal Revenue Service to block new regulations that require decentralized finance (DeFi) entities to report customer information. The IRS has been finalizing crypto tax regulations as part of the Biden Administration’s Infrastructure Investment. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A year after Onyx Motorbikes owner James Khatiblou died suddenly, leaving customers with unfulfilled orders and millions in unpaid debts, the brand has been revived by its original founder. Learn more about your ad choices. Visit podcastchoices.com/adchoices

While most seed investors believe founders should spend their raised cash however they want to, those VCs will still be judging founders’ cash management. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Principle Venture Partners will write early-stage checks anywhere from $100,000 to “single digit millions.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

Before the elections, the cybersecurity team of U.S. vice president and then-presidential candidate Kamala Harris reached out to Apple asking for help, according to Forbes, after a tool that’s designed to detect spyware on iPhones flagged anomalies on two devices belonging to campaign staffers. Apple declined to forensically analyze the phones. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With 25M users, Bluesky launches a $1M fund to take on social media and AI. The fund will offer grants to those building on BlueSky’s open source AT Protocol. Apple and Meta go to war over interoperability vs. privacy. The two are warring in Europe over the balance between interoperability and privacy, Reuters reports. The fight focuses on the European Union’s Digital Markets Act (DMA), a competition regulation that requires designated gatekeepers (including Apple and Meta) not to restrict rivals’ access to so-called core platform services. California can ban new gas cars starting in 2035. California’s phase out would begin in 2026, when the state will require 35% of automakers’ sales to be zero emissions vehicles. Bugs in a major McDonald’s India delivery system exposed sensitive customer data. McDonald's India exposed the personal information of customers and drivers due to security flaws impacting its APIs. Tracker firm Hapn spilling names of thousands of GPS tracking customers. A security researcher found customer names and workplace affiliations spilling directly from Hapn's servers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

There’s an ocean of meme coins beyond Dogecoin, and a new startup called Neverless wants to make it easier to get started with trading crypto, with a particular focus on providing access to small-cap tokens. This is an interesting new crypto startup, founded by three former executives at Revolut, the London-based fintech juggernaut. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The US government is calling on a Perplexity executive to help make its case that Google is a monopolist. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Many sites saw their organic traffic decline in 2024, in big part due to the rise of AI-generated search results. Many queries no longer lead to click-throughs, and even when users click, it is hard for companies to get more context on searches made within apps like ChatGPT or Perplexity. Learn more about your ad choices. Visit podcastchoices.com/adchoices

There are few matters in life that divide a room more than the prudence of putting pineapple on pizza. But if you’re of the persuasion that tropical fruit has no place on a pie, you’ll have to swallow a bitter pill — if you want to access the WordPress.org developer portal and forum, at least. Waymo will begin testing its autonomous vehicle technology in Tokyo in early 2025, the first time the Alphabet company’s robotaxis have driven on public roads outside the U.S. The move to Japan is part of Waymo’s “road trips,” a development program that involves bringing its technology to a variety of cities. TikTok and ByteDance asked the United States Supreme Court to block the law that forces TikTok to be sold off or banned in the United States, according to an emergency filing with America’s top court on Monday. The social media company requested that the Supreme Court consider blocking the sell-or-ban law passed earlier this year. ChatGPT Search, OpenAI’s AI-powered web search experience, is now live for all ChatGPT users — with several new features in tow. By default, ChatGPT will automatically determine which questions to route through ChatGPT Search, or users can tap a new “Search the web” icon in the ChatGPT interface. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Google DeepMind, Google’s flagship AI research lab, wants to beat OpenAI at the video generation game — and it might just, at least for a little while. On Monday, DeepMind announced Veo 2, a next-gen video-generating AI and the successor to Veo, which powers a growing number of products across Google’s portfolio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On Monday, the U.K.’s internet regulator, Ofcom, published the first set of final guidelines for online service providers subject to the Online Safety Act. This starts the clock ticking on the sprawling online harms law’s first compliance deadline, which the regulator expects to kick in in three months’ time. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Regardless of how they're defined, the agents are for helping complete tasks in an automated way with as little human interaction as possible. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Now with 25 million users, Bluesky is facing a test that will determine whether or not its platform will still be seen as a safe space and place of refuge from the toxicity of X. Also, OpenAI is blaming one of the longest outages in its history on a “new telemetry service” gone awry. On Wednesday, OpenAI’s AI-powered chatbot platform, ChatGPT; its video generator, Sora; and its developer-facing API experienced major disruptions starting at around 3 p.m. Pacific. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The European Union’s executive body is facing an embarrassing privacy scandal after it was confirmed on Friday that a Commission ad campaign on X (formerly Twitter) breached the EU’s own data protection rules. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Arriving in time for holiday travel and potentially lost luggage, a new feature that allows Apple AirTag owners to share the location of a lost item is now integrated with the customer service systems of two major airlines. United and Air Canada are the first launch partners for Apple’s “Find My Share Item Location” feature, Learn more about your ad choices. Visit podcastchoices.com/adchoices

Google is slowly peeling back the curtain on its vision to, one day, sell you glasses with augmented reality and multimodal AI capabilities. The company’s plans for those glasses, however, are still blurry. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The spyware, called EagleMsgSpy, has been used by Chinese law enforcement, according to cybersecurity firm Lookout. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The startup has been working to imbue the humble brick with the ability to transform electricity into heat and store it for hours on end. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Advances in robotics and seabed electrification have enabled a trio of startups to pursue deep sea reverse osmosis. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Yelp is releasing several new features as part of its year-end release, including AI-powered review insights, a personalized home feed with new content types, and a redesigned inbox for business owners. When it comes to user-facing features, the company is now highlighting reviews in different categories, including food quality, service, and ambiance. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Many VCs, particularly newer firms, readily admit that 2024 has been a challenging year for raising fresh capital. Dimension Capital, a two-year-old venture outfit, had a different experience when raising its second fund. “Every investor from fund one came back very quickly." Learn more about your ad choices. Visit podcastchoices.com/adchoices

ByteDance and TikTok filed an emergency motion on Monday asking an appeals court to temporally block the law that would ban TikTok in the U.S. unless the social network divests from Chinese ownership by January 19. Also, Apple is being sued over its decision not to implement a system that would have scanned iCloud photos for child sexual abuse material (CSAM). The lawsuit argues that by not doing more to prevent the spread of this material, it’s forcing victims to relive their trauma, according to The New York Times; A U.S. breast-screening program claims to demonstrate the potential benefits of using artificial intelligence (AI) in mammography screening, with women who paid for AI-enhanced scans 21% more likely to have cancer detected. DeepHealth, an AI firm owned by radiology giant RadNet, presented its findings at the annual meeting of the Radiological Society of North America; When it comes to market capitalization, Nvidia is currently the second-biggest public company in the world, behind Apple. That’s why all eyes are on Nvidia these days. And now, as Bloomberg spotted, China Central Television, a public TV broadcaster, is reporting that China’s market regulator has opened a probe into Nvidia’s acquisition of Mellanox; Nikola Corp., a producer of battery and hydrogen-electric trucks, has taken several steps to repay its debts and raise equity, including offering up to $100 million in a common stock sale. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Former NBA Lakers star Metta Sandiford-Artest (formerly known as Metta World Peace), has teamed up with Stephen Stokols, the former CEO of Boost Mobile, to launch Tru Skye Ventures, a firm looking to invest in sports and health tech, according to Sportico. Also, The first Lucid Motors Gravity SUV has rolled off the company’s production line in Casa Grande, Arizona, according to a post on X. The company will now set its aim on ramping up production of the new electric vehicle and making the first deliveries. Recently, Amp Robotics changed its business model to focus on running entire facilities that sort recyclables. Fly Ventures, the Berlin-based VC that invests in seed-stage European startups within enterprise and deep tech, has launched its third fund at €80 million. The firm raised its last €53 million fund in 2020. Aiming at technical founders, the firm claims Fund III was oversubscribed and raised in a single closing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

OpenAI finally released the full version of o1, which gives smarter answers than GPT-4o by using additional compute to “think” about questions. However, AI safety testers found that o1’s reasoning abilities also make it try to deceive humans at a higher rate than GPT-4o. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Waymo is partnering with Moove, an African mobility fintech that offers vehicle financing to gig workers, to handle fleet management operations for its robotaxi service in Phoenix and, soon, Miami. The partnership marks several firsts, like Waymo’s entry into Miami. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bluesky has blown up this year thanks to a vibrant community of posters, user customization choices, and a decentralized protocol that doesn’t lock users into the choices of a billionaire CEO. Learn more about your ad choices. Visit podcastchoices.com/adchoices

There’s a new connected fitness device in town and it’s called Growl. Inspired by hardware companies like Peloton or Tonal, Growl is building a boxing bag that you can attach to your wall at home. Users can then start immersive, gamified boxing classes from the comfort of their home. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Spotify Wrapped, the streamer’s highly anticipated annual listening recap, has arrived. In addition to its usual personalized summary detailing your favorite artists, songs, podcasts, and more, the company this year is introducing two new features, including most notably, an AI-powered podcast of your 2024 Wrapped created with Google’s AI summarization tool, NotebookLM. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Millions of Americans will pop open their laptops to buy gifts this holiday season, but tech companies are racing to turn the job of online shopping over to AI agents instead. Perplexity recently released an AI shopping agent for its paying customers in the United States. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The U.S. consumer protection agency said it's closing the loophole to block the "widespread evasion" of federal law by data brokers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As more publishers cut content licensing deals with ChatGPT-maker OpenAI, a study put out this week by the Tow Center for Digital Journalism — looking at how the AI chatbot produces citations (i.e. sources) for publishers’ content — makes for interesting, or, well, concerning, reading Learn more about your ad choices. Visit podcastchoices.com/adchoices

As more celebrities and popular influencers join Bluesky, the fast-growing social media service has been facing more concerns around impersonation and verified identity. The Bluesky Safety team posted Friday that the company has updated its impersonation policy to be “more aggressive,” adding that “impersonation and handle-squatting accounts will be removed.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

Intentional phone usage is a tricky habit to develop. Operating systems like iOS and Android, along with social media networks like Instagram and TikTok, have built timers, nudges, and controls around the usage of the apps or the platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meta, the parent of Facebook, Instagram, and WhatsApp, is the second-biggest driver of internet usage globally. Its properties — and their billions of users — account for 10% of all fixed and 22% of all mobile traffic. Meta’s investments into artificial intelligence stand to boost that usage even further. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A new paper from the Federal Trade Commission found that many smart device makers fail to disclose to consumers how long they will provide software updates for their products. Learn more about your ad choices. Visit podcastchoices.com/adchoices

India-based audio platform Pocket FM has more than 200,000 hours of content on the service. However, the company’s CEO, Rohan Nayak, believes that the platform still has room to grow in terms of creating original content and expanding its library to multiple genres and sub-genres. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

London is putting the brakes on the mess of e-bikes that litter the streets of the city. Today, the local transportation authority, Transport for London, announced a new enforcement policy that will restrict parking for the tens of thousands of e-bikes rented on-demand from companies like Lime, HumanForest and Dott. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s not exactly a secret that Apple has explored the possibility of building a television. Before his death in 2011, co-founder Steve Jobs famously told biographer Walter Isaacson that he’d “finally cracked it,” but no full-fledged Apple TV (as opposed to the Apple TV set-top box) has emerged in the years since; The Australian government has withdrawn a bill that would have fined online platforms up to 5 percent of their global revenue if they failed to stop the spread of misinformation. The bill, which was backed by the Labor government, would have allowed the Australian Communications and Media Authority to create enforceable rules around misinformation; Brightcove, a cloud platform that helps businesses manage and monetize video content, is being taken private by Italian technology company Bending Spoons, in a deal valued at $233 million. Founded in 2004, Brightcove develops tools and services for creating, hosting, streaming, marketing, and monetizing video content; Now you can appear to be on a Zoom call in your office, even when you’re sipping a margarita in a hammock far, far away. Courtesy of a months-old startup called Pickle. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet the Raspberry Pi Pico 2 W, a tiny board designed around a microcontroller that lets you build hardware projects at scale. Raspberry Pi is once again using the RP2350, its own, well-documented microcontroller. But what is a microcontroller again? As the name suggests, microcontrollers let you control other electronic components or devices Learn more about your ad choices. Visit podcastchoices.com/adchoices

Brave announced on Thursday that it’s introducing an AI chat mode for follow-up questions based on initial queries on Brave Search. Earlier this year, the company launched “Answer with AI” summaries that appear above search results after you submit a query to give you an easy-to-read answer in response to a question. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Texas Attorney General Ken Paxton announced on Thursday he is opening an investigation into the World Federation of Advertisers (WFA) to determine whether the trade group’s members conspired to boycott “certain social media platforms.” Learn more about your ad choices. Visit podcastchoices.com/adchoices

AI may be the hottest thing since sliced bread. But that doesn’t mean it’s getting easier to develop and run. According to a recent Boston Consulting Group poll, 74% of organizations are struggling to derive value from their AI investments Learn more about your ad choices. Visit podcastchoices.com/adchoices

Several AI-based study tools are capitalizing on a “PDF to Brainrot” trend, which will read the text of a document you upload over “oddly satisfying” videos, like ASMR clips of mixing paint and cutting soap, or gameplay footage from Minecraft and Subway Surfers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Kim Kardashian’s new beaux is a Tesla bot named Optimus. The fashion mogul got some hands-on experience with Tesla’s bipedal, human-shaped robot, which is not yet available to the general public. In Kardashian’s videos with the robot — posted to X and her Instagram story; Volkswagen of America has a new CEO: Rivian’s recently departed chief commercial officer Kjell Gruner. The appointment comes just one week after VW parent company Volkswagen Group formalized a $5.8 billion joint venture with Rivian, which will be focused on EV architecture and software; Apple said the security update for Macs, iPhones, and iPads is "recommended for all users."; Meta hired Salesforce’s CEO of AI, Clara Shih, to lead a new organization building AI tools for businesses that use Meta’s apps to reach consumers, according to a LinkedIn post from Shih on Tuesday. Meta confirmed the appointment and the new Business AI group in a statement to TechCrunch Learn more about your ad choices. Visit podcastchoices.com/adchoices

The U.K. government is not ruling out further beefing up existing online safety rules by adding an Australian-style ban on social media for under 16s technology secretary, Peter Kyle, has said. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Generative AI has upended how we write things… or even if we write at all. Now a startup wants to be the main character in the next chapter of that story: AI that replaces the role of the publisher. Spines is a self-publishing platform that claims that — thanks to being powered by artificial intelligence Learn more about your ad choices. Visit podcastchoices.com/adchoices

After building out Google Lens to help users shop online more easily, Google is now updating the product to help people shop when they’re in a physical store by offering product insights, price comparisons, and local inventory availability. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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. Learn more about your ad choices. Visit podcastchoices.com/adchoices