Geek Guy

Category: Global IT News

Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles

Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwan’s antitrust regulator blocked the deal, citing competitive issues. The Fair Trade Commission (FTC) said that if Uber acquired Foodpanda, its market share in Taiwan would increase to 90%,…

Spotify says its payouts are getting better, but artists still disagree

Spotify on Tuesday released its annual Loud & Clear report, detailing information about the music streaming service’s royalty payments. While Spotify revealed earlier this year that it paid out $10 billion to the music industry in 2024, the new report offers more in-depth numbers about its payments in an effort to dispel reports that the company…

Trump says he will label violence against Tesla as domestic terrorism

President Donald Trump said he will label violence against Tesla dealerships as domestic terrorism, per a transcript shared by the White House pool reporters, a sign of deepening ties with Elon Musk. “Tesla Takeovers” have been breaking out across the globe at Tesla dealerships as people protest what they see as a hostile takeover of…

Expand your reach, no matter the room size, with the Ochno Room Kit for enhanced meeting connectivity

COMPANY NEWS: Extend your meeting room’s capabilities with the Ochno Room Kit, a single solution to cover all your needs, from small to large meeting spaces. The kit includes the Ochno Power Conference 4 (O-PC-4), O-PC-4 Node, and Ochno extension cable, providing a scalable and efficient way to integrate technology into collaborative spaces.

NodeShift & Storj Expand Decentralized Compute, Hot Storage

Decentralized cloud storage organization, Storj, recently announced a new integration with NodeShift that will expand decentralized compute and hot storage to support the deployment of AI agents, LLMs and other data-intensive applications with scalable compute infrastructure. Mission-critical data enablement for partners and customers This integration will enhance the functionality and performance of NodeShift, a decentralized…

Podcast app Pocket Casts makes its web player free

Pocket Casts, the podcast app acquired by Automattic in 2021, is now making its web player free. The company says the move offers an alternative to the big platforms’ closed ecosystems, where algorithmic-driven content is prioritized and podcasts are kept behind paywalls. Podcasts were built on open technology — the open, decentralized standard RSS, which…

Flower Labs launches a new service that automatically switches from local to cloud AI

Flower Labs, a Y Combinator-backed startup, on Tuesday launched a preview of its distributed cloud platform for serving AI models, called Flower Intelligence. Mozilla is already using it to power the upcoming Assist summarization add-on for its Thunderbird email client. What makes Flower Intelligence unique, Flower Labs said in a post on X, is that…

Yet another AI robotics firm lands major funding, as Dexterity closes latest round

The intersection of robotics and AI continues to attract attention from investors and Big Tech alike. The latest indicator? Dexterity, a startup specializing in industrial robots with “human-like” finesse, has raised $95 million at a post-money valuation of $1.65 billion, per Bloomberg. The investment, which includes backing from Lightspeed Venture Partners and Sumitomo Corp., highlights…

OpenAI launches new tools to help businesses build AI agents

On Tuesday, OpenAI released new tools designed to help developers and enterprises build AI agents – automated systems that can independently accomplish tasks – using the company’s own AI models and frameworks. The tools are part of OpenAI’s new Responses API, which lets businesses develop custom AI agents that can perform web searches, scan through…

Hugging Face expands its LeRobot platform with training data for self-driving machines

Last year, Hugging Face, the AI dev platform, launched LeRobot, a collection of open AI models, data sets, and tools to help build real-world robotics systems. On Tuesday, Hugging Face teamed up with AI startup Yaak to expand LeRobot with a training set for robots and cars that can navigate environments, like city streets, autonomously.…

Waymo expands its robotaxi service across Silicon Valley

Waymo will start offering robotaxi rides to people in its “Waymo One” early rider program in Mountain View, Los Altos, Palo Alto, and “parts of Sunnyvale” starting Wednesday, an expansion that will bring its footprint in Silicon Valley to 27 square miles. The Waymo vehicles will be available around-the-clock, and the new territories add to…

Virtual physical therapists Hinge Health files for IPO, estimated to raise $500M

Hinge Health, a 10-year-old company that offers a digital solution to treat chronic musculoskeletal (MSK) conditions, filed to go public. Although Hinge has not yet announced how many shares, nor priced them, the IPO specialists at Renaissance Capital estimate the company hopes to raise up to $500 million in its offering. Hinge’s revenue in 2024…

BaaS startup Synctera raises $15M, signs Bolt as a customer

The banking-as-a-service space took a hit last year when Synapse collapsed. But that hasn’t stopped BaaS startup Synctera from raising another $15 million in funding, it tells TechCrunch exclusively. Synctera works to provide companies “of all shapes and sizes with everything they need to launch and operate fintech and embedded banking products,” including: accounts, cards,…

The sibling founders of Stax Payments are back with a $20M seed raise for their new fintech, Worth

Worth, a company focused on helping fintechs, banks, and enterprises underwrite small and medium-sized businesses more easily, has raised $20 million in a seed funding round, the startup tells TechCrunch exclusively. It’s a large seed round, especially these days when capital is harder to come by. But the founders’ history may have something to do…

FTC says Americans lost $12.5B to scams last year — social media, AI, and crypto didn’t help

You’re not the only one getting voicemails about your car’s extended warranty. According to the U.S. Federal Trade Commission (FTC), about 2.6 million people submitted reports on falling victim to fraud in 2024, totaling $12.5 billion in losses. That’s a big jump from $2.5 billion lost in 2023, when the FTC received roughly the same…

TikTok now lets parents see their teen’s follower/following list, block access during certain hours

TikTok announced on Tuesday that it’s rolling out new features to protect teens on its app. The social network is giving parents the ability to block their teen from using TikTok during certain hours and see their teen’s following and followers lists through new Family Pairing features. TikTok is also going to encourage young users…

How Digital Tools Are Transforming Mediation, Litigation, and Collaborative Law in Divorce

One of the most critical advancements in collaborative law is using AI-driven financial modeling tools that facilitate long-term financial planning and property division. These digital tools increase efficiency and convenience, so legal professionals must stay current on cybersecurity best practices and developing technologies. By carefully incorporating technology, collaborative law can help clients achieve just and…

EU AI Act: Latest draft Code for AI model makers tiptoes towards gentler guidance for Big AI

Ahead of a May deadline to finalize guidance for providers of general purpose AI (GPAI) models on complying with provisions of the EU AI Act, a third draft of the Code of Practice was published on Tuesday. The Code has been in development since last year, and this draft is expected to be the last.…

Learn what VCs want to see from founders at TechCrunch Sessions: AI

It’s no secret that AI has eaten the lion’s share of funding over the past couple of years, with investments into the sector surging 62% to $110 billion in 2024 alone, while startup funding overall declined 12%.  Startups may think that just adding “AI” to their company’s name might help them secure that funding. But…

8 DAYS TO GO TO FREE VIRTUAL EVENT – EXL SERVICE, AI in action Driving the shift to scalable AI

Through a blend of visionary discussions, real-world demos, and expert panels, this event will: Demystify scaling AI Learn how to overcome common challenges in deploying AI at scale.​ Enable data-driven outcomes Unlock cost savings, efficiency, and better customer experiences with AI. Bridge strategy and execution Discover how industry expertise and data intelligence enable practical AI…

Sola emerges from stealth with $30M to build the ‘Stripe for security’

Enterprises these days can choose from hundreds of apps and services available to secure their networks, data and assets — nearly as many more to help them manage all the alerts and extra work that those security apps generate. But what if you could build your own apps, customised to your own workloads, to simplify…

Apple’s next major OS updates will bring the biggest design overhaul in years

Apple’s next set of major updates for the iPhone, iPad and Mac operating systems could bring the biggest design changes across the company’s platforms in years, Bloomberg reported, citing anonymous sources. The revamp, set to come in with iOS19, iPadOS 19 and macOS 16, will refresh icons, menus, apps, windows, and system buttons while simplifing…

Reshape Energy is using an acquisition playbook to drive energy upgrades for commercial real estate

Reshape Energy is betting on a more integrated approach to accelerate the decarbonization of the built environment. Founded in Munich, Germany back in May 2024, the startup is led by a team with expertise scaling energy businesses, including the German division of Octopus energy and energy price comparison platform Verivox. It’s focusing on selling energy…

Startup studio Hexa acquires majority stake in Veevart, a vertical SaaS platform for museums

Hexa is trying something new. Instead of fostering startups from the ground up and incubating them for the first year or so, the Paris-based startup studio is acquiring a majority stake in Veevart, a vertical software-as-a-service company for museums that provides solutions for ticketing, fundraising, CRM and collection management. Hexa is a familiar name in…

Radiology AI software provider Gleamer expands into MRI with two small acquisitions

Medical imaging is a broad term that encompasses several distinct technologies. After working on AI-powered tools to enhance X-rays and mammographies, French startup Gleamer now aims to tackle magnetic resonance imaging (MRI). Instead of starting from scratch, Gleamer has acquired two startups that have already been working on AI-powered MRI analysis: Pixyl and Caerus Medical.…

8 DAYS TO GO TO FREE VIRTUAL EVENT – EXL SERVICE, AI in action Driving the shift to scalable AI

Through a blend of visionary discussions, real-world demos, and expert panels, this event will: Demystify scaling AI Learn how to overcome common challenges in deploying AI at scale.​ Enable data-driven outcomes Unlock cost savings, efficiency, and better customer experiences with AI. Bridge strategy and execution Discover how industry expertise and data intelligence enable practical AI…

Elon Musk says DOGE involvement is making it harder to run his businesses

In an interview with Fox’s Larry Kudlow on Monday, billionaire Elon Musk admitted that his involvement with the Department of Government Efficiency (DOGE), Donald Trump’s initiative to reduce federal spending, is making it tougher to run his many businesses: X, Tesla, xAI, SpaceX, The Boring Company, and Starlink. “How are you running your other businesses?”…

Sovereign Australian Prime Alliance (SAPA) welcomes much needed reforms to Commonwealth procurement rules

New definition of Australian business will help government accurately direct policies involving government procurement. Updated guidance on Broader Economic Benefits in Procurement considerations will help Government better understand the positive economic impacts generated from government expenditures with industry. COMPANY NEWS: The Sovereign Australian Prime Alliance (SAPA) congratulates the Albanese Government on its announcement of much…

In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave

In a grandmaster-level chess move, OpenAI has signed a five-year, $11.9 billion agreement with the GPU-heavy cloud service provider CoreWeave, according to Reuters, which cites people close to the deal. The deal involves OpenAI receiving $350 million worth of equity in CoreWeave, the sources told Reuters. The private placement is said to be separate from…

Rad Power Bikes CEO steps down

Rad Power Bikes CEO Phil Molyneux has stepped down as part of a wider strategic reshuffling at the acclaimed electric bicycle company. The company told TechCrunch that Chief Financial Officer Stephanie Roberts will serve as interim CEO while the company searches for a replacement, and that Molyneux will serve as an adviser. The news, first…

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Bluesky now lets users upload videos that are up to 3 minutes long

Bluesky now allows videos that are up to 3 minutes long, the decentralized social network announced on Monday. The platform launched support for video back in September with a 60-second time limit. With the new expanded time limit, Bluesky is bringing its user experience more in line with its competitors, X (formerly Twitter) and Meta’s…

Open web initiatives Project Liberty and Solid could be teaming up

Two initiatives to create a more open web, where users are in control of their own digital identities and data, may be coming together. At SXSW 2025, entrepreneur Frank McCourt, whose Project Liberty is developing open internet infrastructure (and is throwing its hat in the ring as a potential buyer for TikTok), announced that his…

Poolside CEO says most companies shouldn’t build foundation models

Poolside co-founder and CEO Jason Warner didn’t mince words: He thinks that most companies looking to build foundation AI models should instead focus on building applications. Poolside is an AI-powered software development platform. Warner told the audience at the HumanX AI conference in Las Vegas on Monday that he doesn’t think anyone who doesn’t think…

At SXSW, Bluesky CEO Jay Graber pokes fun at Mark Zuckerberg with Latin phrase T-shirt

When Bluesky CEO Jay Graber walked on stage at SXSW 2025 for her keynote discussion, she wore a large black T-shirt with her hair pulled back into a bun. At first glance, it might appear as though she’s following the same playbook that so many women in tech leadership have played before: downplaying her femininity…

Daqus Energy has a plan to make EV sports cars fast, light, and cheap

Cheaper, lighter, and denser: the trifecta defines an ideal battery. No one has devised a perfect cell quite yet, but one stealthy startup thinks it has found a new material that solves at least two of those challenges. Daqus Energy has been quietly operating for the past four months, refining a compound known as TAQ…

Following takedown operation, Garantex invites customers to ‘face-to-face’ Moscow meeting

Russian crypto exchange Garantex has yet to directly address the international law enforcement operation that resulted in the seizure of its domains, and criminal charges against two of its administrators. © 2024 TechCrunch. All rights reserved. For personal use only.

Gmail gains an ‘Add to calendar’ button, powered by Gemini

A nifty new Gmail capability powered by Google’s Gemini AI has arrived for Google Workspace customers. Starting Monday, users can add events to a Google Calendar directly from an email. Gemini will automatically detect calendar-related content in an email and present an “Add to calendar” button. After clicking the button, the side panel in Gmail…

AvatarOS snags $7M seed round from M13 to build an AI-powered virtual influencer platform

A few years ago, several startups with a specific focus on digital avatars appeared because of all the metaverse buzz. While that buzz died down, generative AI has given a new life to avatars as it is easier to spin up different virtual identities. Companies are trying out different use cases for avatars, including D-ID…

Applications are open for Startup Battlefield 200 — apply today!

Are you a pre-Series A startup founder looking to make your mark on a global stage? This is the opportunity you’ve been waiting for. Applications for TechCrunch Startup Battlefield 200 — the premier startup pitch competition — are officially open. We want to see you showcase your game-changing innovations to the world at TechCrunch Disrupt…

Trump administration in talks with four groups about potential TikTok sale

President Donald Trump says his administration is in talks with four different groups about the sale of TikTok, Reuters reports. When asked if there was going to soon be a deal on TikTok, Trump told reporters on Sunday, “it could.” He added, “We’re dealing with four different groups, and a lot of people want it…

Consumer Reports finds popular voice cloning tools lack safeguards

Several popular voice cloning tools on the market don’t have “meaningful” safeguards to prevent fraud or abuse, according to a new study from Consumer Reports. Consumer Reports probed voice cloning products from six companies — Descript, ElevenLabs, Lovo, PlayHT, Resemble AI, and Speechify — for mechanisms that might make it more difficult for malicious users…

Supercharge your brand visibility with an exhibit table at TechCrunch Disrupt 2025

From October 27-29, TechCrunch Disrupt 2025 will bring together over 10,000 startup pioneers, VC leaders, and tech enthusiasts at Moscone West in San Francisco—the epicenter of innovation set to reshape the future of technology. What’s in it for your startup? A golden opportunity to put your innovation in front of an eager audience for all…

Maximize your brand: Secure an exhibit table at TechCrunch All Stage 2025

On July 15, 1,200 founders and VCs across all stages will gather at SoWa Power Station in Boston for TechCrunch All Stage 2025 — the ultimate summit for startup founders. What does this mean for you? A golden opportunity to showcase your brand to a powerhouse crowd eager to scale. It’s easy — just head…

Showcase your innovation — exhibit at TechCrunch Sessions: AI

On June 5, 1,200 of the brightest minds in AI and VC leaders will converge in Zellerbach Hall at UC Berkeley for TechCrunch Sessions: AI — the must-attend AI event of the year. What does this mean for your startup? A prime opportunity to showcase your breakthrough to a crowd hungry for AI innovation. We’ve…

Microsoft appears to be working on 3D gaming experiences for Copilot

Microsoft appears to be working on 3D gaming experiences for Copilot, its AI-powered chatbot platform, according to a new job listing. The listing, published this week, seeks a senior software engineer based in Beijing specializing in 3D rendering engines, particularly engines typically used to build web browser-based video games (Babylon.js, three.js, and Unity). “Are you…

CyberArk and Device Authority, in Collaboration with Microsoft, Deliver Secure Device Authentication for Manufacturers

CyberArk (NASDAQ: CYBR) and  Device Authority, in collaboration with Microsoft, have launched a solution that strengthens and scales connected device authentication to enterprise applications with Zero Trust principles. It helps manufacturers reduce cyber risk from connected devices in factory floors and edge environments with robust identity security, automated access management and device lifecycle protection.