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Category: Global IT News

Cognizant Rides AI Wave to Beat Targets, Raises 2025 Outlook

Cognizant Technology Solutions has beaten first-quarter expectations and raised its yearly revenue outlook, riding the wave of increased demand for its AI IT services. As more businesses move to cloud systems and automate their operations, Cognizant’s AI offerings have helped the company stay steady, even with market ups and downs. The tech firm’s bet on…

Employer.com scoops up another fintech in purchase of MainStreet.com

Employer.com has acquired MainStreet.com for an undisclosed amount, the latest fintech startup to get snapped up by the workforce management company. In a post on X, Employer.com Chairman and co-founder Jesse Tinsley said the two companies were “merging forces to simplify business back office solutions into one powerhouse platform.” Tinsley confirmed the acquisition to TechCrunch.…

A stealth AI model beat DALL-E and Midjourney on a popular benchmark. Its creator just landed $30M.

Recraft, the startup behind a mysterious image model that beat OpenAI’s DALL-E and Midjourney on a respected industry benchmark last year, has raised a $30 million Series B round led by Accel, it exclusively told TechCrunch.  Other investors in the round include Khosla Ventures and Madrona. Based in San Francisco, Recraft previously raised a $12…

YouTube is testing a discounted two-person Premium subscription tier

YouTube is testing a new two-person Premium subscription plan in select countries, the company confirmed to TechCrunch on Monday. The tier is being piloted in India, France, Hong Kong, and Taiwan. The news was first reported by Money Control. “We’re experimenting with new ways to provide greater flexibility and value to our YouTube Premium subscribers,…

Accenture’s Trusted Agent Huddle: AI Agent Collaboration

Accenture recently introduced the Trusted Agent Huddle, which allows the first-of-its-kind multi-system agent collaboration across entire enterprises.  Trusted Agent Huddle includes top tech partners As part of Accenture’s AI Refinery, the Trusted Agent Huddle will allow secure and seamless agent-to-agent interoperability across partners including Adobe, AWS, Databricks, Google Cloud, Meta, Microsoft, NVIDIA, Oracle, Salesforce, SAP,…

Vectra AI Announces Agentic Solutions & CrowdStrike Deal

Threat detection and response platform provider Vectra AI ended April with two announcements concerning its portfolio of AI-enabled security solutions. The vendor has rounded out its agentic AI solutions and partnered with fellow security vendor CrowdStrike on a new offering for endpoint and network security. Vendor says AI agent portfolio is now complete with the…

DartPoints Secures $250M to Expand Data Center Reach

DartPoints, a provider of secure, high-performance data center solutions for enterprises, recently announced a significant investment from NOVA Infrastructure, a middle-market infrastructure investment firm, to scale DartPoints’ platform. Investment from NOVA and OIC pushes data center solutions forward “We’re entering a new phase of growth centered on infrastructure ownership, operational control, and strategic market expansion,”…

Aurora launches its driverless commercial trucking service, and a surprise bidder joins Canoo’s bankruptcy case

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Your usual host Kirsten has passed the reins to me, Rebecca Bellan, for the day, and I want to talk about Aurora Innovation and its last-minute save. …

Trusted Tech Exec on Microsoft Growth in AI, Cloud & More

The expansive ecosystem of Microsoft solutions touches virtually every aspect of the tech stack powering SMBs today. Channel Insider spoke with Samuel Ra, the senior solutions marketing manager at Microsoft-oriented solutions provider Trusted Tech, to learn more about the state of the channel for Microsoft partners and how AI adoption is fueling demand in other…

Video: Why Women Are Leaving Tech – And How BouncePoint Plans to Stop It

Why are women leaving the tech industry—and how can we bring them back?In this episode of Channel Insider: Partner POV, host Katie Bavoso interviews Belinda Yax, Executive Director of BouncePoint, a new nonprofit on a mission to support, retain, and re-engage women in technology and the IT channel. Belinda previously spent three years at an…

Rising star defense tech startup Mach Industries is raising $100 million, sources say

Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, is about to close a fresh $100 million in financing co-led by new investor Khosla and existing investor Bedrock Capital, a source familiar with the deal tells TechCrunch. The new round will value the company at around $470 million, according to the source. However, the…

Fintech Bench conducts layoff while others still work month-to-month

Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didn’t specify how many people were affected, but one person who works there estimated that Bench was eliminating dozens of positions – that’s a big chunk of the…

Cast your vote: Help shape the TechCrunch All Stage agenda

TechCrunch All Stage is just around the corner — and you get to help shape the agenda.  From a competitive pool of applicants, two of the six visionary finalists are one step away from leading a roundtable session on July 15 at SoWa Power Station in Boston. Your vote determines who makes it. Audience Choice…

Side Event submission deadline extended for TechCrunch Sessions: AI

Did you miss your chance to apply for a Side Event at “TechCrunch Sessions: AI Week?” Don’t worry – we’ve extended the deadline by three more days! You now have until May 2 at 11:59 p.m. PT to submit your proposal. This is your opportunity to connect with attendees of TC Sessions: AI and the…

5 days left: $210 ticket discount and 50% off on the second for TechCrunch Sessions AI

You’ve got just 5 days to save up to $210 — plus 50% off your +1 — and get inside the minds of AI’s biggest voices at TechCrunch Sessions: AI. Imagine hearing firsthand from Anthropic’s Jared Kaplan, OpenAI’s startup team, and top voices from firms like Khosla Ventures — all in one day. June 5…

Nuvo, a network for B2B trade, has nabbed $34M from Sequoia and Spark Capital

Nuvo, a company that has built a social-like platform to facilitate easier purchasing of physical goods between businesses, has raised a $34 million Series A from Sequoia Capital and Spark Capital, it tells TechCrunch exclusively. The San Francisco-based startup previously raised $11 million in an undisclosed seed round led by Founders Fund and Index Ventures…

Figure AI sent cease-and-desist letters to secondary markets brokers

Last month, Brett Adcock, founder of a robotics startup Figure AI, claimed in a post on X that his company “is now # 1 most sought-after private stock in the secondary market.” But the company has sent cease-and-desist letters to at least two brokers who run secondary marketplaces, those brokers told TechCrunch.These people said Figure…

The new standard for corporate travel is real-time, policy-smart, and employee-centric

GUEST OPINION: The expectations placed on corporate travel programs have fundamentally shifted. Travel is no longer considered a siloed operational function; it’s now recognised as a strategic enabler of business agility, workforce mobility, and cost control. Organisations are rethinking how they manage travel and expenses as pressure grows to deliver more value from every trip,…

Troubled startup CaaStle is now facing two new lawsuits and more allegations

CaaStle, the embattled fashion startup whose board of directors accused its founder, Christine Hunsicke, of financial misconduct, is starting to face lawsuits from a partner and a supplier over missed payments and more allegations of fraud. As first reported by Axios and by suits seen by TechCrunch, CaaStle is being sued by P180, a vehicle…

Appian Celebrates 2025 Innovation Award Winners

Customers Delivered Value with Process Orchestration and AI Capabilities on the Appian Platform Appian (Nasdaq: APPN) today announced the 2025 Appian Innovation Awards winners at Appian World, its annual global conference. The Innovation Awards celebrate customers for creating transformative applications that drive impact and value on the Appian Platform. By embedding AI agents and generative AI in…

Intel Slashes $1.5B in Expenses, More Layoffs Coming

Intel has announced a significant cost-cutting initiative to slash operating expenses by $500 million this year and an additional $1 billion in 2026. As a result of its first-quarter earnings report, the chipmaker is saying these cuts are part of a broader effort to “drive improved execution and operational efficiency.” This most likely means layoffs,…

Check Point boosts external risk visibility following Cyberint acquisition

Cybersecurity management vendor Check Point is expanding its services for Security Operations Centre workers focusing on external riskss such as stolen employee credentials, social media impersonation, and fake websites. This builds on its acquisition last year of Cyberint, a startup specialising in threat intelligence, digital risk protection, and attack surface management.

New Relic report reveals high-business impact outages cost financial services and insurance sectors $2.2 million per hour

Nearly half (48%) of respondents experience high-business-impact outages at least weeklyOver 40% of respondents report that AI is a central driver for adopting observability Intelligent Observability company, New Relic, has published its State of Observability for Financial Services and Insurance report  and which offers insights into the adoption and business value of observability for the…

KnowBe4 Appoints Bryan Palma as President and CEO and Founder Stu Sjouwerman Named Executive Chairman

KnowBe4, the world-renowned cybersecurity platform that comprehensively addresses human risk management, announced that cybersecurity industry veteran Bryan Palma has been appointed president and chief executive officer of KnowBe4, effective May 5. KnowBe4’s founder and current chief executive officer Stu Sjouwerman has transitioned to the role of executive chairman.

The deadline to book your exhibit table for TechCrunch Sessions: AI is May 9

We’re in the final stretch. TechCrunch Sessions: AI takes over Zellerbach Hall in almost a month, and the exhibit floor is almost completely booked. If you’ve been considering showing off your AI product or innovation, now’s the time to commit. Exhibit tables are in short supply, and the May 9 deadline is fast approaching. At…

Anthropic co-founder Jared Kaplan is coming to TechCrunch Sessions: AI

Hungry to learn more about Anthropic, directly from Anthropic? You aren’t alone if so, which is why we’re so delighted to announce that Anthropic co-founder and Chief Science Officer Jared Kaplan is joining the main stage at TechCrunch Sessions: AI on June 5 at UC Berkeley’s Zellerbach Hall. Lean into this session exploring the frontier…

Final 6 days: Save big and bring a plus-one for 50% off to TechCrunch Sessions: AI

The AI revolution isn’t coming — it’s already underway, and the time to grab your Early Bird ticket ends in just 6 days. Don’t miss your chance to dive into the AI ecosystem and lock in the lowest rates. On June 5, TechCrunch Sessions: AI takes over UC Berkeley’s Zellerbach Hall for a one-day gathering…

BeyondTrust Launches Free Identity Security Risk Assessment to Reveal Hidden Paths to Privilege

COMPANY NEWS: Complimentary new assessment–powered by Identity Security Insights–provides actionable recommendations to secure against vulnerabilities and help organizations tackle identity threats New assessment quickly reveals hidden Paths to Privilege, employing AI-based detection, and provides an initial set of prioritised findings to help guide security decisions

OpenAI is fixing a ‘bug’ that allowed minors to generate erotic conversations

A bug in OpenAI’s ChatGPT allowed the chatbot to generate graphic erotica for accounts where a user registered as a minor, under the age of 18, TechCrunch’s testing revealed, and OpenAI confirmed.  In some cases, the chatbot even encouraged these users to ask for raunchier, more explicit content. OpenAI told TechCrunch its policies don’t allow…