Geek Guy

Category: Global IT News

Envision 2025: India’s first energy festival returns with the theme ‘Ground Zero for Net-Zero’ | January 30 – February 1, 2025

COMPANY NEWS:  The climate crisis is no longer a distant warning—it is impacting our daily lives, demanding immediate attention and action. With an array of indigenous innovations and diverging technologies emerging worldwide, achieving a sustainable, net-zero future requires collective effort; no country, company, or community can do it alone.

Envision 2025: India’s first energy festival returns with the theme ‘Ground Zero for Net-Zero’ | January 30 – February 1, 2025

COMPANY NEWS:  The climate crisis is no longer a distant warning—it is impacting our daily lives, demanding immediate attention and action. With an array of indigenous innovations and diverging technologies emerging worldwide, achieving a sustainable, net-zero future requires collective effort; no country, company, or community can do it alone.

Envision 2025: India’s first energy festival returns with the theme ‘Ground Zero for Net-Zero’ | January 30 – February 1, 2025

COMPANY NEWS:  The climate crisis is no longer a distant warning—it is impacting our daily lives, demanding immediate attention and action. With an array of indigenous innovations and diverging technologies emerging worldwide, achieving a sustainable, net-zero future requires collective effort; no country, company, or community can do it alone.

Envision 2025: India’s first energy festival returns with the theme ‘Ground Zero for Net-Zero’ | January 30 – February 1, 2025

COMPANY NEWS:  The climate crisis is no longer a distant warning—it is impacting our daily lives, demanding immediate attention and action. With an array of indigenous innovations and diverging technologies emerging worldwide, achieving a sustainable, net-zero future requires collective effort; no country, company, or community can do it alone.

What Top Technologies IT Leaders Want From Solution Providers in 2025

Now that we’ve turned the page over to the new year, organizations will begin to set their sights on what technologies and services they should prioritize this year. Enterprises must deliver successful digital initiatives while navigating budget constraints. According to Gartner’s 2025 CIO Agenda, CIOs should aim to “grow the digital vanguard by making it…

Telegram rolls out third-party account verification, filters

Telegram has rolled out its first update of the year, adding a new account verification method powered by third-parties, new message search filters, and the ability to turn gifts into NFTs. The chat app already had a program to verify public figures and organizations on the platform, and it has now launched a new project…

Chinese government hackers reportedly targeted US Treasury’s sanctions office during December cyberattack

Chinese government hackers targeted the U.S. Treasury’s highly sensitive sanctions office during a December cyberattack, according to reports. According to The Washington Post, the state-sponsored hackers targeted the Office of Foreign Assets Control (OFAC), a government department that imposes economic and trade sanctions against countries and individuals, to potentially access information on Chinese organizations that…

Police investigating Cybertruck fire outside Trump hotel in Vegas

A Tesla Cybertruck that caught fire Wednesday morning just outside the Trump International Hotel in Las Vegas is being investigated by local law enforcement. The Las Vegas Metropolitan Police Department said in a post on social media site X that the fire was out and being investigated. The fire was reported around 8:40 a.m. PT,…

Toyota’s CES 2025 press conference: How to watch

Five years ago, Toyota Chairman Akio Toyoda went to CES to share with the world his “personal field of dreams” — a plan to build a prototype city on a 175-acre site at the foot of Mount Fuji in Japan, where people would live and work amongst all of Toyota’s projects, including autonomous vehicle technology,…

Internal SpaceX documents show the sweet stock deals offered to investors like a16z, Gigafund

Like many highly valued startups, SpaceX sometimes allows its employees to cash out some of their shares by selling to company-authorized outside investors. TechCrunch has gotten a peek at an internal SpaceX document about such a tender offer from May 2022. Musk posted on X last month that SpaceX holds such sales for employees about…

Robinhood, already a ‘comeback’ stock, has even more aggressive plans for 2025

Robinhood CEO Vlad Tenev has a lot to celebrate this holiday season. After a bumpy few years following Robinhood’s 2021 IPO — a period during which shares of the commission-free trading app plummeted by more than 90% after it abruptly restricted trading in some meme stocks —  the 12-year-old company was just declared Yahoo Finance’s…

OpenAI failed to deliver the opt-out tool it promised by 2025

Back in May, OpenAI said it was developing a tool to let creators specify how they want their works to be included in — or excluded from — its AI training data. But 7 months later, this feature has yet to see the light of day. Called Media Manager, the tool would “identify copyrighted text,…

Judge allows California’s ban on addictive feeds for minors to go into effect

Late Tuesday evening, a federal judge blocked tech lobbying group NetChoice’s challenge to California’s recently enacted law, SB 976, which prohibits companies from serving “addictive feeds” to minors. The effect of this decision is that beginning Wednesday, companies will be prohibited from serving an addictive feed to a California-based user they know to be a…

Will Smith eating spaghetti and other weird AI benchmarks that took off in 2024

When a company releases a new AI video generator, it’s not long before someone uses it to make a video of actor Will Smith eating spaghetti. It’s become something of a meme as well as a benchmark: Seeing whether a new video generator can realistically render Smith slurping down a bowl of noodles. Smith himself…

A look back on my favorite episodes of TechCrunch’s Found podcast

TechCrunch’s Found podcast, which has brought listeners the stories behind the startups since April 2022, released its final episode today. I’ve been one of the hosts of Found since November 2022 and in that time have spoken to more than 75 founders about the startups they are building. These founders hail from many different backgrounds…

Elon Musk’s promises for Tesla in 2024, from robotaxis to Optimus bots

Elon Musk had an eventful 2024, what with his hard push into right-wing politics and leveraging his X social media platform and considerable influence to help Donald Trump win the presidential election. Putting politics aside for a moment, it’s worth focusing on another Musk pastime: making promises for Tesla. The Tesla CEO’s promises — and…

A Waymo robotaxi and a Serve delivery robot collided in Los Angeles

On December 27, a Waymo robotaxi and a Serve Robotics sidewalk delivery robot collided at a Los Angeles intersection, according to a video that’s circulating on social media. The footage shows a Serve bot crossing a street in West Hollywood at night and trying to get onto the sidewalk. It reached the curb, backed up…

IT tech services firm WWT acquires Canadian IT provider Softchoice in all-cash deal

One last mega-deal closed out an eventful 2024. On Tuesday, World Wide Technology (WWT), a tech services company based in St. Louis, announced it has agreed to acquire Canadian IT provider Softchoice in a deal that values the latter at C$1.8 billion (~$1.25 billion). The deal, which is all-cash, was unanimously approved by Softchoice’s board,…

After ups and down, food delivery startup Epicery closes shop

French food delivery startup Epicery will cease operations Tuesday, after one last holiday season hurrah for its clients and the local food businesses that were using the platform during its nine years in business in exchange for a 25% commission. In a message announcing the decision to customers earlier this month, Epicery’s team said that…

India again delays rules to break PhonePe-Google Pay duopoly

India has once again pushed back a contentious plan to limit big technology companies’ control of the nation’s digital payments system, extending a regulatory uncertainty that has weighed on the sector for years. The National Payments Corporation of India said on Tuesday it would extend the deadline for implementing a 30% cap on any individual…

India lifts WhatsApp payment curbs

India has removed restrictions on WhatsApp’s mobile payments service in a significant victory for Meta in its largest market by users as it seeks to compete with entrenched fintech rivals. The National Payments Corporation of India, the payments body overseeing the popular UPI payments network, said Tuesday that WhatsApp can now roll out WhatsApp Pay…

Gupshup investor cuts value of its stake again, implying new valuation of $486M

Asset management firm Fidelity slashed the estimated worth of its stake in business messaging platform Gupshup by another 7.7% last month, lowering the value of its holding in the SaaS startup by a total of more than 65% since its investment in mid-2021. One of the funds operated by the U.S. asset manager valued its…

Samsung pays $181M to become largest shareholder of Rainbow Robotics

Samsung Electronics said on Tuesday that it has become the largest shareholder of South Korea-based robotics maker Rainbow Robotics, increasing its stake from 14.7% to 35% for KRW 267 billion (about $181 billion). The electronics giant, which paid KRW 86.8 billion for the 14.7% stake in 2023, said it is acquiring the stake to bolster…

ByteDance appears to be skirting US restrictions to buy Nvidia chips: report

TikTok parent company ByteDance has big plans to buy Nvidia chips in 2025 — despite U.S. restrictions. ByteDance plans to spend $7 billion on the chips in 2025, according to reporting from The Information, citing inside sources. If ByteDance follows through, it will become one of the world’s top owners of Nvidia chips, despite U.S. efforts…

This MagSafe iPhone wallet doubles as a stand and offers Find My functionality

For a number of years now, Moft has offered some of the most innovative gadget accessories. They’re always interesting, if not necessarily useful. This new combination Find My wallet and stand manages to tick both boxes. The accessory was announced a couple of weeks out from CES, where it will be shown off for the…

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From AI agents to enterprise budgets, 20 VCs share their predictions on enterprise tech in 2025

While AI is lauded by some as the biggest technological breakthrough since the industrial revolution, enterprises — arguably the tech’s biggest potential customer base — have been slow to adopt AI. While some investors predicted that 2024 would be the year we’d start to see more AI adoption by enterprises, that didn’t play out as…

Blue Origin looks to take on SpaceX dominance with New Glenn launch days away

Nearly a quarter century after its founding, Jeff Bezos’ Blue Origin is gearing up to launch an orbital rocket for the first time — and finally enter the competitive launch industry that is currently dominated by SpaceX.  Company executives have maintained that they are planning to launch the towering rocket, called New Glenn, before the…

Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition

Encode, the nonprofit organization that co-sponsored California’s ill-fated SB 1047 AI safety legislation, has requested permission to file an amicus brief in support of Elon Musk’s injunction to halt OpenAI’s transition to a for-profit company. In a proposed brief submitted to the U.S. District Court for the Northern District of California Friday afternoon, counsel for…

Bench to be acquired after abruptly shutting down

Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be acquired by Employer.com for an undisclosed price in a last-minute deal, TechCrunch has exclusively learned. The San Francisco-based HR tech company Employer.com focuses on payroll and onboarding, in contrast to Bench,…

Nvidia completes acquisition of AI infrastructure startup Run:ai

Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said its software, which currently only works with Nvidia products, will be open sourced, meaning Nvidia rivals like AMD and Intel will be able to adapt it for their hardware. “We…

UK antitrust watchdog launches review of IBM’s HashiCorp takeover

The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to…

Backed by a16z and QED, Brazilian startup Carecode puts AI agents to work on healthcare

AI holds huge promise for healthcare, but not just on the medical side; many startups are convinced machine learning-based systems can do a lot of good on adjacent tasks such as appointment scheduling and confirmations. Brazilian startup Carecode is among these AI believers. It’s coming out of stealth with an ambition to reduce healthcare costs…

Mercedes-backed Volocopter files for bankruptcy

German electric air taxi company Volocopter has filed for bankruptcy protection, the latest in a string of similar startups to hit financial turbulence. The company plans to keep operating while it searches for new investors. “We are ahead of our industry peers in our technological, flight test, and certification progress. That makes us an attractive…

Calo raises $25 million to expand its ready-to-eat meal service beyond the Middle East

A business built around increasingly customized ready-to-eat meals has netted Middle Eastern startup Calo a sizeable funding injection as it looks to expand both what it can offer its time-strapped customers and where it delivers its growing range of just-heat-to-eat dishes. The meal delivery market in the Middle East will hit $11.2 billion by 2030,…

Verizon says it has secured its network after breach by China-linked Salt Typhoon group

U.S. telecom giant Verizon says it has secured its network after being targeted by the China-linked Salt Typhoon cyberespionage group. In a statement given to TechCrunch on Sunday, Verizon spokesperson Richard Young said the company has “contained the cyber incident brought on by this nation-state threat actor,” and that it has not detected any threat actor…

Nvidia’s next move: powering humanoid robots

The chipmaking giant Nvidia is leaning more heavily into robotics in 2025. More specifically, it’s launching a new generation of compact computers for humanoid robots, called Jetson Thor, in the first half of the new year, confims the Financial Times. The move, which was expected, is part of an evolving, years-long strategy. Back in March,…

HPE and Deloitte team up to bring compute power and business process for your GenAI success

Generative AI has captured the world’s imagination with the practical power of AI coming to life, helping distill complex concepts into simple language, helping provide support and solutions, aiding in the creation of text and images and the expression of ideas. GenAI has a lot to offer and, understandably, businesses around the world want to…

India’s mobile payments dilemma

India’s payments regulator is set to decide as early as Monday whether to curb the dominance of Walmart’s PhonePe and Google in the nation’s fast-growing mobile payments market, a move that could reshape how its billion-plus population moves money. The decision centers on UPI, or Unified Payments Interface, a network backed by more than 50…

Crypto industry groups sue IRS over broker reporting rule

Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are suing the Internal Revenue Service to block new regulations that require decentralized finance (DeFi) entities to report customer information. The IRS has been finalizing crypto tax regulations as part of the Biden Administration’s Infrastructure Investment and…

Africa’s newest fintech unicorns are winning by keeping their feet on the ground

Africa’s tech ecosystem just got a boost of attention, with South Africa’s TymeBank and Nigeria’s Moniepoint both raising funds in recent weeks at valuations of over $1 billion and joining the coveted unicorn pantheon. But those valuations don’t just reflect investor confidence. They signal the success they’ve had in taking disruptive fintech models originally developed…

Google CEO says AI model Gemini will the company’s ‘biggest focus’ in 2025

CEO Sundar Pichai reportedly told Google employees that 2025 will be a “critical” year for the company. CNBC reports that it obtained audio from a December 18 strategy meeting where Pichai and other executives put on ugly holiday sweaters and laid out their priorities for the coming year. “I think 2025 will be critical,” Pichai…

Revisiting the biggest moments in the space industry in 2024

We are at the dawn of a new space age. If you doubt, simply look back at the last year: From SpaceX’s historic catch of the Super Heavy booster to the record-breaking number of lunar landing attempts, this year was full of historic and ambitious missions and demonstrations.  We’re taking a look back at the…

Bench shuts down, leaving thousands of businesses without access to accounting and tax docs

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on its website.   “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible,” the notice reads. “We know this news is abrupt and may…

Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition

Encode, the nonprofit org that co-sponsored California’s ill-fated SB 1047 AI safety legislation, has requested permission to file an amicus brief in support of Elon Musk’s injunction to halt OpenAI’s transition to a for-profit. In a proposed brief submitted to the U.S. District Court for the Northern District of California Friday afternoon, counsel for Encode…

Terraform Labs co-founder Do Kwon will face fraud charges in the U.S.

Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform…

The trends that shaped EVs, robotaxis, and electric flight in 2024

If there was one phrase that captured the vibe and theme of 2024 — at least in the transportation sector — it was business whiplash. Legacy automakers changed direction on their all-EVs-or-bust strategy, startups pivoted, and some Silicon Valley VCs and executives adjusted their views to a changing political landscape, in which they now are…

Why DeepSeek’s new AI model thinks it’s ChatGPT

Earlier this week, DeepSeek, a well-funded Chinese AI lab, released an “open” AI model that beats many rivals on popular benchmarks. The model, DeepSeek V3, is large but efficient, handling text-based tasks like coding and writing essays with ease. It also seems to think it’s ChatGPT. Posts on X — and TechCrunch’s own tests —…

Watch this four-legged robot adapt to tricky situations like an animal

Researchers at the University of Leeds recently demonstrated a framework for a quadruped robot with a design inspired by the bio-mechanics of four-legged animals. The versatile robot is able to navigate complex environments, maintain stability on uneven ground, and recover after a fall — all without the use of extra-perceptive sensors. © 2024 TechCrunch. All…

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Top 6 Vendor Risk Management Software for MSPs in 2025

Managing third-party risks is becoming more critical for managed service providers (MSPs) as cybersecurity threats evolve. Vendor risk management (VRM) software simplifies this process, helping MSPs assess, monitor, and mitigate risks associated with third-party vendors. Explore six of the best vendor risk management tools to streamline compliance, enhance security, or protect your client’s sensitive data.…

AI sales rep startups are booming. So why are VCs wary?

When you really probe venture capitalists about investing in AI startups, they’ll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes.  But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs.…

ChatGPT and Sora are down for the second time this month

ChatGPT, Sora, and OpenAI’s developer-facing API went down Thursday for an hour and counting. OpenAI says it started experiencing a major outage at 11 AM PT, and the services still appear to be down at the time of publishing this article, around 12:40 PM PT. Frequent users of ChatGPT may recall that the service went…

Microsoft and OpenAI have a financial definition of AGI: report

Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup’s profits, according to a new report from The Information. And by this definition, OpenAI is many years away from reaching it. The two companies reportedly signed an agreement last year stating OpenAI has only achieved AGI when…

Enabling seamless healthcare operations through APIs and composable commerce

Outdated systems and manual processes remain a frustrating reality for Australian healthcare providers, making it harder for professionals to deliver efficient, high-quality care. Thankfully, data interoperability is no longer a distant goal — it’s now essential for improving patient outcomes and streamlining operations. As the healthcare industry evolves to meet growing demands and increasing consumer…

Enabling seamless healthcare operations through APIs and composable commerce

Outdated systems and manual processes remain a frustrating reality for Australian healthcare providers, making it harder for professionals to deliver efficient, high-quality care. Thankfully, data interoperability is no longer a distant goal — it’s now essential for improving patient outcomes and streamlining operations. As the healthcare industry evolves to meet growing demands and increasing consumer…

Enabling seamless healthcare operations through APIs and composable commerce

Outdated systems and manual processes remain a frustrating reality for Australian healthcare providers, making it harder for professionals to deliver efficient, high-quality care. Thankfully, data interoperability is no longer a distant goal — it’s now essential for improving patient outcomes and streamlining operations. As the healthcare industry evolves to meet growing demands and increasing consumer…

Enabling seamless healthcare operations through APIs and composable commerce

Outdated systems and manual processes remain a frustrating reality for Australian healthcare providers, making it harder for professionals to deliver efficient, high-quality care. Thankfully, data interoperability is no longer a distant goal — it’s now essential for improving patient outcomes and streamlining operations. As the healthcare industry evolves to meet growing demands and increasing consumer…

Predicting the future of cybersecurity for 2025

The cybersecurity landscape is poised for transformative shifts in 2025 driven by technological innovation and evolving threats. As cybercriminals become more sophisticated, organisations must stay ahead by proactively adopting strategies that prioritise identity security and business resiliency. CyberArk area VP ANZ Thomas Fikentscher outlines his key cybersecurity predictions highlighting a singular truth: businesses must prioritise…

Predicting the future of cybersecurity for 2025

The cybersecurity landscape is poised for transformative shifts in 2025 driven by technological innovation and evolving threats. As cybercriminals become more sophisticated, organisations must stay ahead by proactively adopting strategies that prioritise identity security and business resiliency. CyberArk area VP ANZ Thomas Fikentscher outlines his key cybersecurity predictions highlighting a singular truth: businesses must prioritise…

Predicting the future of cybersecurity for 2025

The cybersecurity landscape is poised for transformative shifts in 2025 driven by technological innovation and evolving threats. As cybercriminals become more sophisticated, organisations must stay ahead by proactively adopting strategies that prioritise identity security and business resiliency. CyberArk area VP ANZ Thomas Fikentscher outlines his key cybersecurity predictions highlighting a singular truth: businesses must prioritise…

Predicting the future of cybersecurity for 2025

The cybersecurity landscape is poised for transformative shifts in 2025 driven by technological innovation and evolving threats. As cybercriminals become more sophisticated, organisations must stay ahead by proactively adopting strategies that prioritise identity security and business resiliency. CyberArk area VP ANZ Thomas Fikentscher outlines his key cybersecurity predictions highlighting a singular truth: businesses must prioritise…

Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia,…

$132K – $149K, here’s what seed-stage founders pay early employees, based on data

Once a startup has raised its seed round, the perennial question becomes how much should the founders pay themselves and their first few employees? Kruze Consulting, a CPA firm that specializes in venture-backed startups, recently analyzed average salary ranges for over 450 seed-stage startups and shared that data with TechCrunch. The following averages are based…