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Category: Global IT News

Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit – and beat it

Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again.  The move, which is still subject to the approval of the SEC’s Commissioners, is yet another signal that the Trump administration plans to be more friendly to crypto than the SEC was…

iOS 18.4 will bring Apple Intelligence-powered ‘Priority Notifications’

Apple on Friday released its first developer beta for iOS 18.4, which adds a new “Priority Notifications” feature, powered by Apple Intelligence. The addition aims to help users manage their notifications by prioritizing important alerts and minimizing distractions from less important ones.  These priority notifications are displayed in a separate section on the phone’s Lock…

Nvidia CEO Jensen Huang says market got it wrong about DeepSeek’s impact

Nvidia founder and CEO Jensen Huang said the market got it wrong when it comes to DeepSeek’s technological advancements and its potential to negatively impact the chipmaker’s business. Instead, Huang called DeepSeek’s R1 open source reasoning model “incredibly exciting” while speaking with Alex Bouzari, CEO of DataDirect Networks, in a pre-recorded interview that was released…

Report: OpenAI plans to shift compute needs from Microsoft to SoftBank

OpenAI is forecasting a major shift in the next five years around who it gets most of its computing power from, The Information reported on Friday. By 2030, OpenAI expects to get three-quarters of its data center capacity from Stargate, a project that’s expected to be heavily financed by SoftBank, one of OpenAI’s newest financial…

Fintech founder Charlie Javice’s criminal trial has begun

The criminal trial against fintech startup founder Charlie Javice began on Friday, with lawyers laying out their opening arguments, Reuters reported.  Lawyers reiterated their original claims and defenses from the lawsuit filed by JPMorgan Chase against Javice in December of 2022. The financial services giant alleges that Javice had helped “fake millions of customers in…

The Vision Pro is getting Apple Intelligence in April

Apple Intelligence is heading to the Vision Pro, as part of an upcoming operating system update. Apple confirmed on Friday that its generative AI platform will arrive on the extended reality headset as part of VisionOS 2.4. A beta version of the software is currently available for developers. The public version is set for an…

How automotive exec Crystal Brown founded CircNova, an AI drug discovery biotech

Tiny Michigan biotech startup CircNova has raised a $3.3 million seed round for its technology that uses AI to target so-called “circular RNA.” The development holds promise as a new method to quickly develop therapies for conditions that currently have no drug treatments. The new funding is also a victory lap for co-founder and CEO…

Report: AI coding assistants aren’t a panacea

As they gain in popularity, AI coding assistants such as GitHub Copilot may appear to be boosting productivity. But in reality, they could be causing overall code quality to decline. That’s the top-line finding from a new report released by software engineering platform GitClear, which analyzed 211 million code lines from 2020 to 2024. According…

Apply to Speak at TechCrunch Sessions: AI before the deadline

AI Innovators, seize your moment! Have insights that could inspire 1,200 AI founders, investors, and enthusiasts eager to advance the future of AI? Take center stage, influence the AI conversation, and exchange ideas at TechCrunch Sessions: AI on June 5 at UC Berkeley’s Zellerbach Hall. We’re gathering top AI visionaries from the startup world to…

DeepSeek to open-source parts of online services code

Chinese AI lab DeepSeek plans to open-source portions of its online services’ code as part of an “open source week” event next week. DeepSeek will open-source five code repositories that have been “documented, deployed and battle-tested in production,” the company said in a post on X on Thursday. Code repositories are storage locations for software…

Three reasons every founder and VC should be at TechCrunch All Stage 2025

From idea to IPO — where are you on your startup journey? If any of that sounds like you — or if you’re in between stages and ready to level up — TechCrunch All Stage 2025 (formerly Early Stage) is the place to be. Join 1,200 founders to exchange ideas and meet the right VC…

TechCrunch Disrupt 2025: Lowest prices of the year end in 7 days

You read that headline correctly! The best deals for TechCrunch Disrupt 2025 tickets are about to end in just 7 days. Save up to $1,130 on individual passes and up to 30% on group tickets. Don’t wait — these offers end on February 28 at 11:59 p.m. PT. Join us in celebrating 20 years of…

Elon Musk’s DOGE comes for agency that regulates autonomous vehicles

Elon Musk’s Department of Government Efficiency is firing nearly half of a small government team that regulates autonomous vehicles, the Washington Post reported. The firings are part of a broader 10% reduction at the National Highway Traffic Safety Administration (NHTSA) as a result of firings of probationary workers and buyout offers, the Post reported, citing…

Xurrent Newest Integration Partner Within N-able’s Ecosystem

Xurrent’s AI-powered IT Service Management (ITSM) platform has been approved for integration within N-able’s Technology Alliance Program (TAP) ecosystem. This allows the organization to deliver ITSM capabilities for managed service providers (MSPs) by integrating with N-able’s N-central remote monitoring and management (RMM) solution. Integration adds automated ticketing, workflows, and more for Xurrent users With the…

Fortress Solutions, Ataya, and Moso Networks Partner on Private 5G

Fortress Solutions, Ataya, and Moso Networks are forming a strategic partnership to deliver private wireless 5G packages that will give enterprises unparalleled connectivity, security, and control. Partnership combines solutions and services to enable 5G adoption The Private 5G Package solution is designed to address a range of enterprise use cases, including video surveillance, digital scanners,…

HackerOne Debuts New Way to Quantify Security Value

HackerOne recently released a report that found security leaders have largely negative perceptions on the ROI of measuring cybersecurity value. This sparked the cybersecurity company to introduce a new metric to help quantify the financial value of protecting businesses from cyberattacks. The report, When ROI Falls Short: A Guide to Measuring Security Investments with Return…

Ataccama Lineage Launched to Deliver Data Flow Visibility

Ataccama recently announced the launch of Ataccama Lineage, a new module within its Ataccama ONE unified data trust platform. It promises to provide enterprise-wide visibility into data flows, giving organizations a clear view of their data’s journey from source to consumption. New module automates data management tasks Ataccama Lineage works to simplify how organizations manage…

Rivian will launch hands-off highway driver assist ‘in a few weeks’

Rivian said Thursday it plans to launch a hands-off version of its driver assistance system for highway driving “in a few weeks,” and said an “eyes-off” version in 2026. The hands-off system will let Rivian compete with companies like Ford and General Motors, which have both launched similar systems in the past few years. (Ford…

Extreme Networks Announces Platform ONE for MSPs

AI-powered automation for networking organization Extreme Networks recently announced the upcoming general availability of Extreme Platform ONE for Managed Service Providers (MSPs). Extreme Platform ONE is a solution built on a unique AI-driven multi-tenant architecture, consumption-based billing, and poolable licensing. It delivers unmatched flexibility, simplicity, and cost savings, enabling MSPs to manage customers at scale.…

6 new tech unicorns were minted in January 2025 so far.

Despite a still tight venture capital market, new unicorns are still being created every month. Using data from Crunchbase and PitchBook, TechCrunch tracked down the newly VC-backed startup minted unicorns so far this year as of the end of January. Those include healthcare companies like Hippocratic AI and satellite space companies like Loft Orbital.  This…

Rivian inches closer to profitability but warns ‘changes to government policies’ could hurt

Rivian’s cost–cutting measures have gotten it a lot closer to profitability, but the company is warning that 2025 could still be a challenging year – especially because of the whorl of uncertainty caused by the new Trump Administration. The company announced Thursday its fourth quarter and full-year 2024 financial results, and along with it, shared…

Mark Zuckerberg’s makeover didn’t make people like him, study shows

A study by the Pew Research Center found that Americans’ views of Elon Musk and Mark Zuckerberg skew more negative than positive. While Zuckerberg has sparked chatter in Silicon Valley with his sudden interest in high fashion, the Meta CEO is less popular than President Trump’s right-hand man, Elon Musk, the report found. While about…

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Meta starts accepting sign-ups for Community Notes on Facebook, Instagram, and Threads

Meta announced on Thursday that it’s now accepting sign-ups for its Community Notes program on Facebook, Instagram, and Threads. The announcement follows Meta news last month that it’s going to end its third-party fact-checking program and is instead moving to a Community Notes model similar to the one at X. In a blog post, Meta…

Beta Technologies’ bet on electric flight and Hyundai’s new Tesla charging port comes up short

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! Fifteen years ago, I started writing about a little EV startup that was trying to survive even as others failed in the clean tech boom-and-bust cycle. Back…

Electric aircraft founder Kyle Clark threw out the Silicon Valley playbook

On a cool morning last November, 800 people gathered before sunrise in a South Burlington hangar to witness the maiden flight of Beta Technologies’ first electric aircraft to be built on its new scaled production line. Kyle Clark, Beta’s enigmatic founder and CEO, piloted the Alia CX300 — one of the startup’s two aircraft models…

Trump’s FTC is looking into censorship on tech platforms

The Federal Trade Commission announced on Thursday that it will launch a public inquiry into “censorship by tech platforms,” soliciting comments from people who feel they have been demonetized, banned, or otherwise censored due to their speech or affiliations. “Tech firms should not be bullying their users,” said FTC Chairman Andrew Ferguson in a statement.…

Cherryrock Capital raises new $172M fund from all-star investors to back diverse founders

Cherryrock Capital, founded by ex-TaskRabbit CEO Stacy Brown-Philpot, announced Wednesday the closing of its $172 million Fund I with an all-star limited partner list that includes JPMorgan, Goldman Sachs, MassMutual, Melinda French Gates’ Pivotal Ventures, Reid Hoffman, Mellody Hobson, and Sheryl Sandberg.  Brown-Philpot told Bloomberg that the fund actually closed in January.  The firm launched…

Figure’s humanoid robot takes voice orders to help around the house

Figure founder and CEO Brett Adcock Thursday revealed a new machine learning model for humanoid robots. The news, which arrives two weeks after Adcock announced the Bay Area robotics firm’s decision to step away from an OpenAI collaboration, is centered around Helix, a “generalist” Vision-Language-Action (VLA) model. VLAs are a new phenomenon for robotics, leveraging…

Instagram’s new ad format lets creators get paid for testimonials in comments

Instagram is introducing a new way for creators to work with brands to make money by recommending products. On Thursday, Meta introduced an addition to its Partnership Ads called Testimonials, which allows creators to get paid via written endorsements, shared as comments on the brand’s social media posts and advertisements. The new ad format is…

Spotify partners with ElevenLabs to expand its library of AI-narrated audiobooks

On Thursday, Spotify announced that it now accepts audiobooks narrated using ElevenLabs’ AI voice technology. Given that ElevenLabs is currently among the most recognized AI audio providers, this new partnership is expected to boost the quantity of AI-narrated audiobooks on the platform. To upload an audiobook narrated by AI, authors need to download the file…

Sophos Announces Availability on Pax8 Marketplace

Security vendor Sophos is the latest to offer its solutions to MSPs through the Pax8 cloud marketplace. Both companies tout this new partnership as a way to enable small and medium-sized businesses (SMBs) through the over 40,000 partners who transact through Pax8. Full breadth of Sophos security solutions now available to Pax8 partners Sophos claims…

Substack now lets creators monetize videos and post them directly from its app

As TikTok’s future in the U.S. remains uncertain, Substack tries to lure creators to its platform by doubling down on video. The company announced on Wednesday that it’s now allowing creators to monetize their videos on the platform, and letting them publish video posts directly from the Substack app. Previously, creators have been able to…

Twitch caps streamers’ storage at 100 hours of highlights and uploads

Twitch on Wednesday announced it will begin limiting streamers to 100 hours of highlights and uploads, and will delete content if a channel exceeds the limit. The company said it’s introducing the change because highlights haven’t been effective in driving discovery or engagement, and because storage is costly. The storage cap goes into effect on…

SmartSuite raises $38M to be the final word on enterprise collaboration

Three founders who built out one of the bigger startups in risk management are scaling a new company to take on another pain point in the world of work. SmartSuite‘s platform lets teams collaborate on projects, build automations around that work, and search and access work across larger libraries of data spanning a disparate number…

Mercor, an AI recruiting startup founded by 21-year-olds, raises $100M at $2B valuation

Mercor, the AI recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B round, the company confirmed to TechCrunch. Menlo Park-based Felicis led the round, valuing Mercor at $2 billion—eight times its previous valuation, the Wall Street Journal previously reported. Existing investors Benchmark, General Catalyst, and DST Global also…

Advisory M&A: AchieveUnite Acquires Rohner & Associates

M&A activity remains a key theme throughout the channel. AchieveUnite has acquired California-based Rohner & Associates, LLC (R&A). Theresa Caragol, the CEO of AchieveUnite and longtime thought leader on channel partner strategy, spoke with Channel Insider to share how the acquisition addresses market needs and reflects the changing channel landscape. AI-driven insights paired with decades…

Why Bridging the Connected Care Gap is Mission Critical to the Future of Australian Healthcare

GUEST OPINION Farhoud Salimi – Chief Technology Officer at Telstra Health: Connected care represents the cornerstone of healthcare’s future within Australia—where seamless information flow will drive enhanced patient outcomes through more accessible and actionable data. Today’s greatest barriers to improved care delivery are the technological and organisational silos operating in isolation, hampering collaboration and operational…

Valar Atomics comes out of stealth with $19M and a pilot reactor site

Companies developing small modular nuclear reactors (SMRs) have raised more than $1.5 billion in the past year, as tech companies hunger for power to train AI models and governments decide to commit to the industry. For example, X-energy raised $700 million this month, and Paris-based Newcleo raised $151 million last year, and one would be…

Tether backs stablecoin liquidity provider Mansa in $10M seed round

As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based but Africa-focused Mansa, whose offering allows payments companies to settle transactions and fund customer accounts instantly. The startup has raised…

Video: How Omega Systems Puts The Security In MSSP

In this episode of Channel Insider: Partner POV, host Katie Bavoso sits down with Mike Fuhrman, CEO of Omega Systems, to discuss the company’s transformation from a traditional Managed Service Provider (MSP) to a Managed Security Services Provider (MSSP). This shift was a priority for Fuhrman when he joined the company in 2021. Fuhrman explains…

Spore.Bio raises $23M to apply machine learning to microbiology testing

Recalls in the food and beverage industry due to contamination incidents can have catastrophic effects. Not only do companies have to pay fines and damages, but the impacts on the brand’s reputation can be long-lasting. That’s why Spore.Bio, a Paris-based deeptech startup, is trying to reinvent microbiology testing to avoid the next PR crisis in…

AI-coding startup Codeium in talks to raise at an almost $3B valuation, sources say

Codeium, an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources with knowledge of the deal.  The round is being led by a returning investor Kleiner Perkins, the people said. The new round comes just six months after Silicon Valley-based Codeium announced…

After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. …

Mark Zuckerberg’s charity U-turns, ends DEI efforts 

Mark Zuckerberg’s charity has eliminated its DEI programs and efforts just weeks after assuring staff it would continue supporting DEI efforts, the Guardian reports.  The Chan-Zuckerberg Initiative (CZI), co-founded by Zuckerberg and his wife Priscilla Chan, will end internal DEI programs and no longer provide “social advocacy funding,” which provided grants for racial equity and…

Brand new women’s focused Swizzle Ventures skyrockets past its fundraising target

Swizzle Ventures has closed its Fund I at $6.6 million, bypassing its initial $3 million target, Jessica Kamada, the firm’s founder, told TechCrunch.  Back in December, TechCrunch previously reported that the firm, which quietly launched in 2023, was raising and has already bypassed $5 million, per its SEC filing. The thesis of Fund I will…

IVF insurance startup Future Family promises a baby or your money back

For decades, couples going through in vitro fertilization have had to spend tens of thousands of dollars on the procedures with no guarantee of success. It’s not only an emotionally draining process, but a financially exhausting one as well. Startup Future Family wants to help ease some of that burden for couples with a new…

Karman+ digs up $20M to build an asteroid-mining autonomous spacecraft

Investors on the lookout for startups working at the frontiers of technology are casting their nets ever further into unchartered territory, sometimes literally as well as figuratively. In one of the latest examples, a startup called Karman+ with ambitions to build autonomous spacecraft that can travel to asteroids and then mine them for materials has…

This Week in AI: Maybe we should ignore AI benchmarks for now

Welcome to TechCrunch’s regular AI newsletter! We’re going on hiatus for a bit, but you can find all our AI coverage, including my columns, our daily analysis, and breaking news stories, at TechCrunch. If you want those stories and much more in your inbox every day, sign up for our daily newsletters here. This week, billionaire…

Google’s ‘Career Dreamer’ uses AI to help you explore job possibilities

Google is launching a new experiment that uses AI to help people explore more career possibilities. The company announced on Wednesday that a new “Career Dreamer” tool can find patterns between your experiences, educational background, skills, and interests to connect you with careers that might be a good fit. With Career Dreamer, you can use…

Sanas taps AI to change call center workers’ accents in real time

The demand for voice and speech recognition technologies is massive — and growing. An analysis by market research firm Markets and Markets found that the sector could be worth over $28.1 billion by 2027. There’s no shortage of vendors providing voice and speech recognition solutions, but some newer upstarts have managed to carve out niches.…

Apple’s  $599 iPhone 16e adds AI, ditches the fingerprint scanner

As anticipated, Apple revealed the long-awaited iPhone SE refresh Tuesday. The fourth generation device arrives three years after the last major update to the budget-minded smartphone. This one arrives with a twist, however. The SE branding has been dropped to keep the device more inline with the company’s flagships. The new iPhone 6e starts at…

US Army soldier pleads guilty to AT&T and Verizon hacks

Cameron John Wagenius pleaded guilty to hacking AT&T and Verizon and stealing a massive trove of phone records from the companies, according to court records filed on Wednesday. Wagenius, who was a U.S. Army soldier, pleaded guilty to two counts of “unlawful transfer of confidential phone records information” on an online forum and via an…