
TechCrunch Industry News
3,850 episodes — Page 19 of 77
Amazon hit with fresh class action-style suit in UK — $3.4BN in competition damages sought for 200,000+ sellers
Amazon is facing another competition lawsuit in the UK. The latest claim, which was filed Thursday, is seeking more than £2.7BN in damages — or around $3.4BN at current exchange rates — before the UK’s Competition Appeals Tribunal. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Climate X founders, who mortgaged their houses to stay afloat, now raise a $18 million Series A
To date, most of the hottest software platforms in the ClimateTech space have been about carbon accounting, offsets, removals, and regulatory disclosure. For instance, New York’s Persefoni (accounting) raised $164.2 million to date, Plan A (accounting/monitoring) in Berlin raised $43 million and at the lower end, Supercritical (removals) raised $15.8 million while CUR8 (removals) raised Learn more about your ad choices. Visit podcastchoices.com/adchoices
VW to invest up to $5B into Rivian in software deal
VW Group invest $1 billion into EV startup Rivian as part of a software development deal that could expand to as much as $5 billion. The deal, which was announced Tuesday afternoon, sent Rivian’s shares up more than 36% in after-hours trading. The two companies will create a joint venture focused on next-generation electrical architecture Learn more about your ad choices. Visit podcastchoices.com/adchoices
Snapchat introduces new safety features to limit bad actors from contacting users
Snapchat on Tuesday announced a new suite of safety features, including updates to its account blocking functionality and enhanced friending safeguards, making it difficult for strangers to contact users on its platform. The new move comes amid concerns over predators exploiting teens on social media apps, which often results in severe incidents, including sextortion Learn more about your ad choices. Visit podcastchoices.com/adchoices
Uber Freight and self driving trucks startup Aurora partner for the long haul
Uber Freight and Aurora Innovation have announced a multi-year collaboration that will see Aurora’s autonomous driving technology offered on the Uber Freight network through 2030. The deal gives Aurora access to shipping customers as it prepares to launch its fully driverless commercial service later this year. It also helps Aurora also secure longer-term customers through Learn more about your ad choices. Visit podcastchoices.com/adchoices
Apple might partner with Meta on AI
As Apple enters the AI race, it’s also looking for help from partners. During the announcement of Apple Intelligence earlier this month, Apple said it would be partnering with OpenAI to bring ChatGPT into the revamped version of Siri. Now, the Wall Street Journal reports that Apple and Facebook’s parent company Meta are in talks Learn more about your ad choices. Visit podcastchoices.com/adchoices
Meta makes its AI chatbot available to all users in India
After a few months of testing during the general elections, Meta is making its Llama-3-powered AI chatbot available to all users in India. However, Meta AI currently only supports English and no other local languages. The company started testing Meta AI in India across WhatsApp, Instagram, Messenger, and Facebook in April. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Google is pausing its experiment of allowing real-money games on the Play Store
Google said today that it is globally pausing its experiment of allowing real-money games on the Play Store, where there was no central body for this kind of app. In January, the company said it would start allowing real-money apps widely in June in India, Brazil, and Mexico. Learn more about your ad choices. Visit podcastchoices.com/adchoices
YouTube confirms crackdown on VPN users accessing cheaper Premium plans
YouTube appears to be taking a firm stance against Premium subscribers who attempt to use a VPN (Virtual Private Network) to access cheaper subscription prices in other countries. This week, a number of users took to Reddit to express their frustration after their Premium plans were canceled for using a VPN to purchase the subscription Learn more about your ad choices. Visit podcastchoices.com/adchoices
US bans sale of Kaspersky software citing security risk from Russia
U.S. officials imposed the “first of its kind” ban arguing that Kaspersky threatens U.S. national security because of its links to Russia. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Amazon extends generative AI-powered product listings to Europe
Amazon is bringing its generative AI listing smarts to more sellers, revealing today that those in France, Germany, Italy, Spain, and the U.K. can now access tools designed to improve product listings by generating product descriptions, titles, and associated details. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Spotify quietly lets all podcasters upload videos, surpasses 250K shows
Non-hosted podcasters can now upload videos to Spotify. Over 250K video podcasts are on the platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Genspark is the latest attempt at an AI-powered search engine
Genspark taps generative AI to write custom summaries in response to search queries. Learn more about your ad choices. Visit podcastchoices.com/adchoices
iOS 18 could ‘sherlock’ $400M in app revenue
Apple's changes may affect apps that today have an estimated $393 million in revenue and have been downloaded roughly 58 million times over the past year. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Snap previews its real-time image model that can generate AR experiences
At the Augmented World Expo on Tuesday, Snap teased an early version of its real-time, on-device image diffusion model that can generate vivid AR experiences. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Threads finally launches its API for developers
Meta said today that it finally launched its much-awaited API for Threads so developers can build experiences around it. Learn more about your ad choices. Visit podcastchoices.com/adchoices
XReal introduces a $200 device that brings Android apps to its AR glasses
The $200 Beam pro looks like an Android phone, but instead it's a mobile device designed specifically for Xreal’s glasses. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Former NSA head joins OpenAI board and safety committee
The high-profile addition is likely intended to satisfy critics who think that OpenAI is moving faster than is wise for its customers and possibly humanity. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Amazon says it’ll spend $230 million on generative AI startups
Amazon says that it’ll commit up to $230 million to startups building generative AI-powered applications. Learn more about your ad choices. Visit podcastchoices.com/adchoices
iOS 18 cracks down on apps asking for full address book access
To give users more control over the contacts an app can and cannot access, the permissions screen has two stages. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Ford’s secretive low-cost EV team is growing with talent from Rivian, Tesla and Apple
A TechCrunch review of LinkedIn data found that Ford has built this team up to around 300 employees over the last year. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Apex’s off-the-shelf satellite bus business attracts $95M in new funding
Fresh off the success of its first mission, satellite manufacturer Apex has closed $95 million in new capital to scale its operations. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Biden administration looks to give Rocket Lab $24M to boost space-grade solar cell production
In addition to the federal funding, the state of New Mexico — where SolAero is based — committed to providing financing and incentives that value $25.5 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Elon Musk threatens to ban Apple devices from his companies over Apple’s ChatGPT integrations
Elon Musk is threatening to ban iPhones from all his companies over the newly announced OpenAI integrations Apple announced at WWDC 2024 on Monday. Learn more about your ad choices. Visit podcastchoices.com/adchoices
The mystery of an alleged data broker’s data breach
Since April, a hacker with a history of selling stolen data has claimed a data breach of billions of records — impacting at least 300 million people — from a U.S. data broker, which would make it one of the largest alleged data breaches of the year Learn more about your ad choices. Visit podcastchoices.com/adchoices
Bereave wants employers to suck a little less at navigating death
If death and taxes are inevitable, why are companies so prepared for taxes, but not for death? Learn more about your ad choices. Visit podcastchoices.com/adchoices
New York moves to limit kids’ access to ‘addictive feeds’
New York’s state legislature has passed a bill that would prohibit social media companies from showing so-called “addictive feeds” to children under 18, unless they obtain parental consent. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Siri and Google Assistant look to generative AI for a new lease on life
Voice assistants in general are having an existential moment, and generative AI is poised to be the logical successor. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Shopify acquires Threads (no, not that one)
Shopify has acquired Threads.com, the Seqiuoa-backed Slack alternative, Threads said on its website. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Robinhood acquires global crypto exchange Bitstamp for $200M
Stock-trading platform Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crytpo exchange Bitstamp. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Amazon buys Indian video streaming service MX Player
Amazon has agreed to acquire Indian video streaming service MX Player from the local media powerhouse Times Internet, the latest step by the e-commerce giant to make its services and brand popular in smaller cities and towns in the key overseas market. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Dive goes cloud-native for its computational fluid dynamics simulation service
Spun out of Bosch, Dive wants to change how manufacturers use computer simulations by both using modern mathematical approaches and cloud computing. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Asana introduces ‘AI teammates’ designed to work alongside human employees
Asana is using its work graph to train LLMs with the goal of creating AI assistants that work alongside human employees in company workflows. Learn more about your ad choices. Visit podcastchoices.com/adchoices
GetWhy, a market research AI platform that extracts insights from video interviews, raises $34.5M
GetWhy helps businesses carry out market studies and extract insights from video-based interviews using AI. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Travel app Sékr wants to help you plan your next road trip with its new AI tool
Sékr, a startup that offers a mobile app for outdoor enthusiasts and campers, is launching a new AI tool for planning road trips. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Spotify to increase premium pricing in the US to $11.99 per month
Spotify has announced that it’s hiking subscriptions for customers in the U.S., the second such price increase in the space of a year. Learn more about your ad choices. Visit podcastchoices.com/adchoices
X tweaks rules to formally allow adult content
X will now allow users to post consensually produced NSFW content as long as it is prominently labeled as such. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Spain bans Meta from launching election features on Facebook, Instagram over privacy fears
Meta has been banned from launching features on Facebook and Instagram that would have collected data on voters in Spain using the social networks ahead of next month’s European Elections. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Instagram now lets teens limit interactions to their ‘Close Friends’ group to combat harassment
Instagram is expanding the scope of its "Limits" tool specifically for teenagers that would let them restrict unwanted interactions with people. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Billionaire Groupon founder Lefkofsky is back with another IPO: AI healthtech Tempus
Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Redpanda acquires Benthos to expand its end-to-end streaming data platform
Redpanda has already integrated Benthos into its own service and has made it the core technology of its new Redpanda Connect service. Learn more about your ad choices. Visit podcastchoices.com/adchoices
How Clean Energy Ventures avoided the pandemic bubble and raised a $305M fund
When other firms were investing and raising eye-popping sums, Clean Energy Ventures took a different approach. It appears to be paying off. Learn more about your ad choices. Visit podcastchoices.com/adchoices
YouTube’s free games catalog ‘Playables’ rolls out to all users
YouTube's free Playables don't directly challenge the app store model or break Apple's rules. However, they do compete with the App Store's free games. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp
Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers, and fintechs are all trying make transfers more convenient on both sides of the transaction. Learn more about your ad choices. Visit podcastchoices.com/adchoices
LumApps, the French ‘intranet superapp,’ sells majority stake to Bridgepoint in a $650M deal
Big news today for LumApps, the French startup that has described itself as an “intranet superapp” with a platform for building and provisioning internal communications and apps for workforces. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Canva launches a proper enterprise product — and they mean it this time
Back in 2019, Canva, the wildly successful design tool, introduced what the company was calling an enterprise product, but in reality it was more geared towards teams than fulfilling true enterprise requirements. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Spotify to shut off Car Thing for good, leading users to demand refunds
Spotify is notifying customers who purchased its Car Thing product that the devices will stop working after December 9, 2024 Learn more about your ad choices. Visit podcastchoices.com/adchoices
Using memes, social media users have become red teams for half-baked AI features
“Running with scissors is a cardio exercise that can increase your heart rate and require concentration and focus,” says Google’s new AI search feature. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Google invests $350 million in India’s Flipkart
Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Indian e-commerce startup. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Google to build first subsea fibre optic cable connecting Africa with Australia
Google is preparing to build what will be the first subsea fibre optic cable connecting the continents of Africa and Australia. Learn more about your ad choices. Visit podcastchoices.com/adchoices