Geek Guy

Category: Global IT News

Karmen secures $9.4 million for its revenue-based financing products

French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel…

President Trump signs exec order to make Musk’s DOGE commission more official

The Department of Government Efficiency (DOGE), an advisory commission spearheaded by billionaire Elon Musk recommending deep cuts to federal agencies, could soon become more official, should an executive order signed by President Donald Trump pass legal muster. On Monday evening, Trump signed an order that renames the U.S. Digital Service, which was created in 2014…

Trump signs exec order, delaying TikTok enforcement action for 75 days

President Donald Trump has signed an executive order aimed at restoring TikTok service in the U.S. The order instructs relevant government agencies to “pursue a resolution” that “protects national security” while “saving [TikTok.]”  Via the order, Trump is instructing the U.S. Attorney General not to take any action for 75 days to enforce the Protecting…

President Trump repeals Biden’s AI executive order

During his first day in office, President Donald Trump revoked a 2023 executive order signed by former President Joe Biden that sought to reduce the potential risks AI poses to consumers, workers, and national security. Biden’s executive order directed the Commerce Department’s National Institute of Standards and Technology (NIST) to author guidance that helps companies…

UK to unveil ‘Humphrey’ assistant for civil servants with other AI plans to cut bureaucracy

A week after the U.K. government announced a sweeping plan to make big investments into AI, it’s laying out more details around how this will take shape in the public sector. On the agenda: AI assistants to speed up public services; data sharing deals across siloed departments; and a new set of AI tools —…

OpenAI’s agent tool may be nearing release

OpenAI may be close to releasing an AI tool that can take control of your PC and perform actions on your behalf. Tibor Blaho, a software engineer with a reputation for accurately leaking upcoming AI products, claims to have uncovered evidence of OpenAI’s long-rumored Operator tool. Publications including Bloomberg have previously reported on Operator, which…

Friend delays shipments of its ‘AI companion’ pendant

Friend, a startup creating a $99, AI-powered necklace designed to be treated as a digital companion, has delayed its first batch of shipments until Q3. Friend had planned to ship devices to pre-order customers in Q1. But according to co-founder and CEO Avi Schiffman, that’s no longer feasible. “As much as I would liked to…

US safety regulators expand Ford hands-free driving tech investigation

A U.S. federal safety regulator has “upgraded” its investigation into Ford’s hands-free advanced driver assistance system known as BlueCruise — a required step before a recall can be issued. The National Highway Traffic Safety Administration’s Office of Defects Investigation launched a probe into Ford BlueCruise last April after the agency confirmed the system was active…

At the Microsoft Excel World Championship, selfies and a ‘hype’ tunnel

An arena. A hype tunnel, the kind through which NBA players typically streak. A competitor dressed in a jersey patterned with a six-pack abs. In a new piece, the New York Times takes readers to an event that organizers call the Microsoft Excel World Championship, a 40-minute, Las Vegas-based competition featuring 12 contestants — all…

Powering profits with sunshine: How businesses are leading the Solar Revolution

GUEST OPINION: As the global push for sustainability intensifies, businesses are stepping up to the challenge, not just out of environmental responsibility but for strategic economic advantage. Solar energy has emerged as a cornerstone of this transformation, offering companies a chance to cut costs, boost profits, and enhance their reputations. Welcome to the solar revolution,…

Flipboard’s new app Surf adds its own video feed, too

After the TikTok ban went into effect on Sunday, social network Bluesky launched a custom feed for videos on its platform. Now, Flipboard’s newest app, Surf, which is dedicated to browsing the open social web and decentralized services like Mastodon and Bluesky, is taking advantage of that move to introduce a video feed of its…

DeepSeek claims its reasoning model beats OpenAI’s o1 on certain benchmarks

Chinese AI lab DeepSeek has released an open version of DeepSeek-R1, its so-called reasoning model, that it claims performs as well as OpenAI’s o1 on certain AI benchmarks. R1 is available from the AI dev platform Hugging Face under an MIT license, meaning it can be used commercially without restrictions. According to DeepSeek, R1 beats…

RedNote, Flip, Clapper and Likee claim the top of the App Store as TikTok comes back online

TikTok may be back, but that hasn’t prevented other Chinese competitors from gaining users. In the lead up to a ban on TikTok — which kicked off Sunday and lasted a day — a number of other video apps rose through the ranks and now dominate the App Store’s Top Charts. The Chinese app RedNote…

Here are the types of AI companies enterprise VCs want to back in 2025

The AI startup market is sprawling, from companies looking to develop new chips, to those using AI to build robots, to others looking to use AI to create niche solutions for industry-specific workflows. There are a lot of potential areas for venture capitalists to invest in, but there are clearly a few subsectors they are…

Rimini Street ‘honoured by clients and industry’ with Buyer’s Choice, Service and Leadership Awards

Company continues to lead the third-party software support and innovation solutions market, focusing on delivering strategic, operational and financial success for its clients COMPANY NEWS: Rimini Street, a global provider of end-to-end enterprise software support and innovation solutions, the leading third-party support provider for Oracle, SAP and VMware software, today announced it has been honoured…

Sources: AI vision startup Metropolis is buying Oosto (formerly known as AnyVision) for just $125M

The general hype around all things AI is not lifting all boats: certain startups continue to struggle and are looking for exits. In one of the latest developments, TechCrunch has heard from a reliable source that Metropolis, an AI-powered parking platform, is buying Oosto, the controversial computer vision company that used to be known as…

Vectra AI launches scholarship programme to foster the next Generation of talent in AI and cybersecurity

The Vectra AI Scholars Programme will empower students to develop creative solutions that harness the power of AI to identify patterns of attacker behaviour across the expanding hybrid attack surface COMPANY NEWS: Vectra AI, the leader in AI-driven XDR (extended detection and response), today announced the launch of the Vectra AI Scholars Programme, a scholarship…

Blinkit signals costly battle ahead in Indian quick commerce market

Zomato’s quick commerce unit Blinkit is accelerating its expansion and expects continued losses as competition intensifies in India’s instant delivery market. Blinkit now aims to reach 2,000 dark stores – small warehouses in residential areas that exclusively service online orders – by December 2025, a year ahead of its previous guidance, after exceeding 1,000 stores…

How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit

At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following the sale of some shares in the business banking platform Moniepoint. The African fintech unicorn has so far proven to be a standout investment for five-year-old Oui Capital. When it launched its…

How to stream Donald Trump’s Inauguration Day 2025

Donald Trump will take the presidential oath of office on Monday in front of the Capitol building in Washington, D.C., once again. The event takes place at noon ET and is expected to attract considerable attention from both supporters and opponents. How to stream Trump’s inauguration You can watch the inauguration live with cable or…

AI benchmarking organization criticized for waiting to disclose funding from OpenAI

An organization developing math benchmarks for AI didn’t disclose that it had received funding from OpenAI until relatively recently, drawing allegations of impropriety from some in the AI community. Epoch AI, a nonprofit primarily funded by Open Philanthropy, a research and grantmaking foundation, revealed on December 20 that OpenAI had supported the creation of FrontierMath.…

TikTok goes dark in the US

TikTok has gone dark in the U.S., the result of a federal law that bans the popular short-form video app for millions of Americans — at least for now. TikTok users began receiving a message about the ban around 10:30 p.m. Eastern on Saturday evening, and the app also disappeared from the Apple and Google…

Deeper Network Promo Deeper Network Promo Deeper Network Promo Image

Trump says he will delay TikTok ban, suggests a joint venture with US ownership

TikTok went dark for users in the US on Saturday night, but it may not be gone for long. President-elect Donald Trump posted on Truth Social this morning that he will issuing an executive order Monday that will “extend the period of time before the law’s prohibitions take effect, so that we can make a…

Employees of failed startups are at special risk of stolen personal data through old Google logins

As if losing your job when the startup you work for collapses isn’t bad enough, now a security researcher has found that employees at failed startups are at particular risk of having their data stolen. This ranges from their private Slack messages to Social Security numbers and, potentially, bank accounts. The researcher who discovered the…

Apple lists all apps it removed alongside TikTok in the U.S.

Amid the TikTok shutdown, in a rare move, Apple published a statement and a support document listing all affected apps that are inaccessible in the U.S. The iPhone maker typically doesn’t publish information for when it blocks apps. Notably, other ByteDance apps, including CapCut, Lemon8 — which surged in the last few months — and…

Perplexity AI submits bid to merge with TikTok

With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home. CNBC first reported on Perplexity’s interest. A source with knowledge of the offer confirmed to TechCrunch that Perplexity (whose CEO Aravind Srinivas is pictured above) has submitted a bid to…

FTC says partnerships like Microsoft-OpenAI raise antitrust concerns

The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, Microsoft’s backing of OpenAI and Amazon and Alphabet/Google’s partnerships with Anthropic. “The FTC’s report sheds light on how partnerships by big tech firms can create lock-in,…

Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle

Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the…

EV startup Canoo files for bankruptcy and ceases operations

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court. The company said in a press release published late Friday that it was “in discussions with foreign sources of capital” that proved unsuccessful, and also…

Amazon suspends US drone deliveries following crash at testing facility

Amazon has paused testing of its delivery drones following a crash involving two of its models, according to Bloomberg. It’s the latest setback for Amazon’s beleaguered Prime Air program, which aims to deliver around 500 million packages a year to customers by the end of the decade. Bloomberg reports two Amazon drones crashed in rainy…

Netradyne snags $90M at $1.35B valuation to expand smart dashcams for commercial fleets

Distracted driving is one of the leading causes of car accidents and a major reason why auto insurance premiums are expected to increase in 2025. For commercial fleets, that’s a nightmare. But for California-based startup Netradyne, it’s a tailwind.  Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data…

Perplexity acquires Read.cv, a social media platform for professionals

Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations Friday. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe…

Bluesky saw 17x increase in moderation reports in 2024 after rapid growth

Bluesky on Friday published its moderation report for the past year, noting the sizable growth the social network experienced in 2024 and how that affected its Trust & Safety team’s workload. It also noted that the largest number of reports came from users reporting accounts or posts for harassment, trolling, or intolerance — an issue…

ChatGPT’s newest feature lets users assign it traits like ‘chatty’ and ‘Gen Z’

Update: OpenAI officially announced this feature one week after some users reported the arrival, and then disappearance, of the new options. It’s possible they went live prematurely. OpenAI is introducing a new way for users to customize their interactions with ChatGPT, the company’s AI-powered chatbot. On Friday, OpenAI announced it is rolling out a new…

TikTok CEO responds to Trump, thanks him for trying to solve US ban 

TikTok CEO Shou Zi Chew responded to comments made by Donald Trump regarding Friday’s Supreme Court ruling to ban the app in the U.S.  In a video posted on TikTok, Chew said, “On behalf of everyone at TikTok and all our users across the country, I want to thank President Trump for his commitment to…

SpaceX and Blue Origin must investigate this week’s big rocket tests, FAA says

The Federal Aviation Administration is requiring Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin to investigate what went wrong on their respective mega-rocket test flights this week. The regulator said both companies must perform what’s known as a “mishap investigation.” These probes involve the companies and the FAA working together to understand what went wrong,…

OpenAI is trying to extend human life, with help from a longevity startup

OpenAI says it trained a new AI model called GPT-4b micro with Retro Biosciences, a longevity science startup trying to extend the human lifespan by 10 years, according to the MIT Technology Review. Retro, which is backed by Sam Altman, has been working with OpenAI for roughly a year on this research, according to the…

As TikTok faces a US shutdown, here are some alternative apps to check out

TikTok has warned of a looming shutdown in just six days, as the Supreme Court is currently weighing the law that would ban the app. So we thought it’s time to take a look at other platforms that may be able to fill the TikTok-shaped hole in our lives.  The law gives TikTok parent company…

Big Tech expands its reach with new startup acquisitions and investments

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week’s newsletter is about startups, but it is also about Big Tech companies expanding their reach, both through acquisitions and through investments. Most interesting startup stories…

Google begins requiring JavaScript for Google Search

Google says it has begun requiring users to turn on JavaScript, the widely-used programming language to make web pages interactive, in order to use Google Search. In an email to TechCrunch, a company spokesperson claimed that the change is intended to “better protect” Google Search against malicious activity, such as bots and spam, and to…

Bumble founder Whitney Wolfe Herd to reclaim CEO position in March

Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023.  Wolfe Herd will succeed Lidiane Jones, the company’s current CEO who has left for “personal reasons,” Bumble explained. Jones, the former CEO of Slack, will continue her role at Bumble until the transition takes effect…

Deeper Network Promo Deeper Network Promo Deeper Network Promo Image

Instagram Reels rolls out new features for U.S. users as TikTok is banned

Instagram announced a timely update to its video feature Reels this morning, alongside the news that the Supreme Court upheld the law that will ban TikTok in the U.S. on January 19. The update, says Meta, will make it easier for users to discover the content that friends and followers are liking on the platform…

Instabase raises $100M to help companies process unstructured document data

Instabase, a company that creates software for extracting processing unstructured data from myriad document types, has raised $100 million in a Series D round of funding. The announcement comes as companies struggle under a deluge of data — data that can unlock key business insights. Indeed, most of the data that companies generate is “unstructured,”…

Ken Howery: the tech mogul at the center of Trump’s Greenland ambition

Surprise! Donald Trump’s big, audacious ambition to buy Greenland from Denmark has a tech angle. Ken Howery, named by U.S. President-elect Trump’s pick to be the next ambassador to the country (and thus chief broker of any deal), is one more part of the rich seam of tech people running through Trump’s upcoming administration.  Part…

NBN Upgrade An Early 2025 Boost For Australian MSPs

The Australian government’s latest $3.8 billion investment in NBN infrastructure presents significant opportunities for managed service providers and IT channel organizations as the network transitions away from copper-based connections by 2030. FTTP connectivity expands to more premises The upgrade, announced this week, will bring fiber-to-the-premises (FTTP) connectivity to an additional 622,000 premises currently served by…

Nord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to production

A new AI orchestration startup from the founders of Lithuanian unicorn Nord Security is setting out to help enterprises put their AI projects into production, with an initial focus on bringing greater visibility, security and adaptability to large language models (LLMs). Nexos.ai, as the startup is called, is the handiwork of Tomas Okmanas (pictured above)…

Apple brings Store app to Indian market

Apple launched its dedicated Apple Store app in India on Friday, deepening its retail presence in the world’s most populous country as the iPhone-maker seeks to capitalize on growing consumer demand. The app, available for download on India’s App Store, lets customers purchase Apple products directly while receiving personalized shopping recommendations, the company said in…

FAA had to divert flights because of SpaceX Starship explosion

The Federal Aviation Administration has told TechCrunch that it had to “briefly” slow and divert a number of aircraft near the area where debris was seen falling after SpaceX’s Starship exploded during a test flight Thursday. Multiple flights could be seen entering holding patterns or completely changing course in the airspace near Puerto Rico shortly…

SpaceX catches Starship booster a second time, loses ship to an ‘anomaly’ in space

SpaceX caught the Starship rocket’s Super Heavy booster for a second time, after it launched the upper stage into space on Thursday during a seventh test flight of the system. Soon after the successful catch, SpaceX representatives reported the ship was lost after the company lost contact about eight and half minutes into the flight.…

Despite VCs investing $75B in Q4 , it’s still hard for startups to raise money, data proves

After two years of relatively muted investment activity, it seems that VCs are starting to pour capital into startups at pandemic-era levels once again. But a closer look shows that they aren’t really. In the fourth quarter of last year, investors funneled $74.6 billion into US startups, a substantial increase from the average of $42…

Apple pauses AI notification summaries for news after generating false alerts

Apple is pausing AI notification summaries for news and entertainment apps after facing backlash for generating inaccurate news alerts. In addition, the company is introducing changes to notification summaries as a whole to allow for greater transparency. With the latest round of developer previews for iOS 18.3, iPadOS 18.3, and macOS Sequoia 15.3, Apple is disabling…

Nvidia releases more tools and guardrails to nudge enterprises to adopt AI agents

Nvidia is releasing three new NIM microservices, or small independent services that are part of larger applications, to help enterprises bring additional control and safety measures to their AI agents. One of these new NIM services targets content safety and works to prevent an AI agent from generating harmful or biased outputs. Another works to…

Mark Cuban is ready to fund a TikTok alternative built on Bluesky’s AT Protocol

Entrepreneur and investor Mark Cuban is ready to fund a TikTok alternative built on Bluesky’s AT Protocol, he shared in a TikTok video posted on Wednesday. In anticipation of the coming U.S. TikTok ban, which will go through on Sunday unless paused by the Supreme Court, users have been fleeing to other video platforms, including…

A rising EV startup star snags $100M and Tesla’s win-lose federal funding moment

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! Before we move into the news of this week, we have one more roundup of transportation tech at CES 2025. As I noted last week, autonomous vehicle…

Instagram Threads won’t share a timeline for account portability

Will Instagram Threads truly integrate with the fediverse, also known as the open social web, to allow its users not only to interact with people on other services like Twitter alternative Mastodon but also to move their account elsewhere if they decide that Meta’s policies are no longer to their liking? Today that answer remains…

TikTok ban poised to be delayed as Trump explores ways to extend deadline

The U.S. ban on TikTok is poised to be delayed as the deadline falls on the MLK Day holiday weekend and President-elect Donald Trump’s incoming administration intends to find a way to extend the deadline, Bloomberg reports. Biden officials see the issue as one for Trump’s incoming administration, as the current administration doesn’t plan to intervene…

This MIT spinout wants to spool hair-thin fibers into patients’ brains

You can’t start a company without a healthy dose of daring, and that’s certainly the case with NeuroBionics. The MIT-spinout thinks it could one day improve the lives of millions of people who live with neurological conditions like depression, epilepsy and Parkinson’s disease.  Famed investor Steve Jurvetson of Future Ventures said that if everything goes…

Symbotic set to take over Walmart’s robotics business

Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business. Symbotic is paying $200 million in cash for the program, plus up to $350 million in “additional contingent consideration,” depending on how the deal shakes out. The relationship is more partnership than straight acquisition,…

Netradyne snags $90M at $1.25B valuation to expand smart dashcams for commercial fleets

Distracted driving is a leading cause of car crashes — and rising auto insurance premiums, which are expected to increase in 2025. For commercial fleets, that’s an expensive challenge to navigate. But for California-based startup Netradyne, it’s a tailwind.  Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data…