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Category: Global IT News

$2m boost for messaging startup 8seats aims to ‘transform business communication’

Next generation messaging platform startup for businesses 8seats has raised A$2 million in seed funding from a consortium of investors including Black Nova, former Woolworths CEO Brad Banducci, and tech entrepreneurs Mike Priddis and Greg Miller, with the funding to enable the homegrown startup to scale its platform and accelerate its go-to-market strategy in preparation…

Onyx Motorbikes is back, one year after its owner died leaving the company in shambles

A year after Onyx Motorbikes owner James Khatiblou died suddenly, leaving customers with unfulfilled orders and millions in unpaid debts, the brand has been revived by its original founder. “I’m excited to announce I have resurrected my original brand Onyx with incredible backers!” founder Tim Seward wrote in a LinkedIn post on Monday. “Onyx is…

OpenAI ‘considered’ building a humanoid robot: report

OpenAI has recently explored building its own humanoid robot, according to The Information. The report cites “two people with direct knowledge” of those conversations. The ChatGPT maker has been involved in the space for some time now, by way of financial backing. It has thus far invested in Figure and 1X, along with the “general…

Revenue-based financing startups continue to raise capital in MENA, where the model just works

In an era where it’s become tougher to raise venture capital, many companies have turned to non-dilutive, Revenue-Based Financing (RBF) as an alternative. As a result, plenty of startups have risen to meet that challenge, none more so than in the MENA region, which has taken to the model like a duck to water. The…

Proton’s device aims to help those with kidney disease, and cut heart failure risks

People with chronic kidney disease, or those at risk of heart failure, are greatly affected by potassium imbalances in the body. These can even be life-threatening. While wearable glucose monitors are now commonplace and have transformed the lives of diabetes patients, potassium monitoring is in its infancy as it’s hard to do. Now, startups are…

Video: MSP Unplugged On The Shifting MSP-Vendor Power Dynamic

Paco Lebron and Corey Kirkendoll of podcast MSP Unplugged return in Part 2 of their Channel Insider: Partner POV interview with host Katie Bavoso. In this half of the interview, Lebron and Kirkendoll explain how they try to help their MSP audience members learn at their own pace and why it’s important to consider what…

OpenAI’s o3 suggests AI models are scaling in new ways — but so are the costs

Last month, AI founders and investors told TechCrunch that we’re now in the “second era of scaling laws,” noting how established methods of improving AI models were showing diminishing returns. One promising new method they suggested could keep gains was “test-time scaling,” which seems to be what’s behind the performance of OpenAI’s o3 model –…

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

xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing (97 participated, but the document doesn’t reveal their identities). xAI later announced (confirming some earlier reporting) that Andreessen Horowitz , Blackrock, Fidelity, Kingdom Holdings,…

Venture capitalists continue to play musical chairs

From Keith Rabois to Matt Miller, a lot of VCs have switched firms or spun out of storied VC institutions this year. These employment changes are surprising because unlike in many other fields, venture capitalists don’t traditionally move around very much — especially those who reach the partner or general partner level. VC funds have…

An investigation finds that Google Maps fails users in the West Bank 

A Wired investigation found that Google Maps can be near impossible to use in the West Bank, especially since the start of the war. Users told the publication that the navigation app would direct them into walls, fail to account for time-consuming checkpoints, or steer them onto restricted roads leading to Israeli settlements, which can…

Coralogix acquires AI observability platform Aporia

Coralogix, the well-funded observability platform, on Monday announced that it has acquired Aporia, a startup that focuses on giving businesses tools to observe and secure their AI workloads, as well as set guardrails for them to avoid hallucinations or unintended disclosures. As part of this acquisition, Coralogix will launch a dedicated AI research center, Coralogix…

Eero’s Outdoor 7 long-distance mesh unit solved our yearslong Wi-Fi quandary in 10 minutes

So far in life, I haven’t needed be a “mesh guy.” A well chosen and carefully placed Wi-Fi router has worked fine in our modest abodes, but one particular situation has resisted simple solutions until Eero put out a device in November seemingly made exactly for the purpose. This won’t be a thorough examination of…

Yoast CEO calls for a ‘federated’ approach to WordPress repository

Days after web hosting provider WP Engine won a preliminary injunction against WordPress co-creator Matt Mullenweg and rival hosting provider Automattic, Mullenweg announced that WordPress.org is taking a holiday break. WordPress.com — a site that provides access to WordPress plug-ins, themes, and other artifacts to the community — will take a break from providing free…

Plaud.AI brings the perfect AI note-taking assistant for all your meetings, thoughts, and interactions

Well, I’m impressed. Plaud.AI brings to the table an attractive, seamless wearable that records your meetings and then uses AI to analyse it and create meaningful summaries with individual speakers identified and to-do items picked out. And it actually works. There’s no hype, no empty promises; instead it’s true assistive AI for the person-on-the-go.

Prosus buys Despegar for $1.7B, taking a bite out of Latin America’s travel sector

Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the Covid-19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America, to scale up its operations in the region. Despegar’s board of directors…

X jacks up Premium+ prices 37.5%, hits some markets harder

X is raising prices for its top-tier subscription service by 37.5%, marking the largest price increase since the platform’s acquisition by Elon Musk in 2022. The Premium+ service will cost $22 monthly in the U.S., up from $16, effective December 21, according to a company statement. Annual subscriptions will increase to $229 from $168. X…

Sriram Krishnan named Trump’s senior policy advisor for AI

Incoming president Donald Trump has confirmed reports that Sriram Krishnan, until recently a general partner at Andreessen Horowitz (a16z), will serve as senior policy advisor for AI at the White House Office of Science and Technology Policy. Trump said in a statement that Krishnan will “help shape and coordinate AI policy across government, working with…

Palantir and Anduril reportedly building a tech consortium to bid on defense contracts

Two big defense tech players, Palantir and Anduril, are talking to tech companies including SpaceX, OpenAI, Saronic, and Scale AI about forming a consortium to bid on Pentagon contracts, according to a report in the Financial Times. The goal, the FT says, is to challenge the dominance of “prime” defense contractors like Lockheed Martin, Raytheon,…

The biggest flops and fizzles in 2024 transportation, from Apple Car to Fisker

Autonomous vehicle technology and electrification startups were once the darlings of the VC and corporate world. The two technologies promised billions of dollars in revenue — and a new pathway for automakers to make money beyond building and selling cars.  Those VC-money-printing days have been over for AVs for a while now, with a few…

Apple might be working on a smart doorbell

There’s been a lot of reporting in recent months around Apple’s efforts to expand its footprint in customers’ homes with in-development products like a wall-mounted smart home hub. According to a new report in Bloomberg, that strategy could also include a smart doorbell. This doorbell would use Apple’s FaceID technology to scan people’s faces as…

OpenAI announces new o3 model — but you can’t use it yet

Welcome back to Week in Review. This week, we’re looking at OpenAI’s last — and biggest — announcement from its “12 Days of OpenAI” event; Apple’s potential entrance into the foldable market; and why Databricks is choosing to wait to go public. Let’s get into it. P.S. We’re off for the holidays! Week in Review…

Google pushes back against DOJ’s ‘interventionist’ remedies in antitrust case

Google has offered up its own proposal in a recent antitrust case that saw the US Department of Justice argue that Google must sell its Chrome browser. US District Court Judge Amit Mehta ruled in August that Google had acted illegally to maintain a monopoly in online search, with the DOJ then proposing a number…

Meet Skyseed, a VC fund and incubator backing the Bluesky and AT Protocol ecosystem

On November 15, Peter Wang posted a message requesting ideas for a new incubator and fund to support experimental projects built on the burgeoning Bluesky/AT Protocol ecosystem. Four weeks later, Skyseed emerged with an initial commitment of $1 million. This turnaround, a speed underscored by the fact that the fund doesn’t even have a website…

EV startup Canoo places remaining employees on a ‘mandatory unpaid break’

Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch. The company told employees they are being locked out of Canoo’s systems at the end of the day Friday, according to the…

Feds clear the way for robotaxis without steering wheel and pedals

The National Highway Traffic Safety Administration on Friday proposed a new national framework that could make it easier for companies to deploy at scale autonomous vehicles without traditional manual driving controls – like steering wheels, pedals, and sideview mirrors.  The guidelines also require AV companies to share a whole lot more safety data with the…

Nokia and Turkcell demonstrate ‘industry leading’ Quantum-safe protection for mobile subscribers

Collaborative testing validates secure and trusted quantum-safe IPsec protection against future network security threats First deployment of its kind marking critical step in securing mobile networks against future threats posed by quantum computing. COMPANY NEWS: Nokia and Turkcell have successfully demonstrated a world-first ability to implement quantum-safe IPsec network cryptography for its mobile subscribers. This…

Google is expanding Gemini’s in-depth research mode to 40 languages

Google said Friday that the company is expanding Gemini’s latest in-depth research mode to 40 more languages. The company launched the in-depth research mode earlier this month, allowing Google One AI premium plan users to unlock an AI-powered research assistant of sorts. The in-depth function works in a multi-step method, from creating a research plan…

Swizzle Fund raises $5M for inaugural fund addressing women’s health and wealth

There is a new venture fund in town. Swizzle Fund, founded by Jessica Kamada, former COO of the marketing agency Bamboo, has raised just a little more than $5 million for its Fund I, according to an SEC filing. There was no target raise amount.  The firm, which quietly opened in 2023, is an early-stage…

Arizona’s getting an online charter school taught entirely by AI

The newest online-only school greenlighted by the Arizona State Board for Charter Schools comes with a twist: the academic curriculum will be taught entirely by AI. Charter schools — independently operated but publicly-funded — typically get greater autonomy compared to traditional public schools when it comes to how subjects are taught. But Unbound Academy’s application,…

Rivian executives accused of harassment in previously unreported lawsuits

Four employees have sued Rivian in separate lawsuits this year over allegations they were harassed, in some cases by top executives, and that the company’s leadership did little to address their concerns, according to a TechCrunch review of court records. Rivian has also reached settlements in three other harassment and discrimination cases, TechCrunch has learned. …

Why Apple sends spyware victims to this nonprofit security lab

Before the elections, the cybersecurity team of U.S. vice president and then-presidential candidate Kamala Harris reached out to Apple asking for help, according to Forbes, after a tool that’s designed to detect spyware on iPhones flagged anomalies on two devices belonging to campaign staffers. Apple declined to forensically analyze the phones, per Forbes.  The company’s…

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Energy Revolution Ventures’ $18M fund lays a bet on ‘new chemistry’ startups in energy and hydrogen

What happens when a chemical engineer, who’s previously built a hydrogen-powered drone, becomes a venture capitalist? Energy Revolution Ventures, that’s what. The VC has now closed an $18 million Seed and Series A fund to invest in deeptech, such as energy storage, carbon capture, and, yes, hydrogen technologies.  Marcus Clover, Co-Founder and Partner at ERV…

Bluesky adds mentions tab in the notifications screen and username squatting protection

Social network Bluesky has released a new update to its app that includes a separate mentions tab in notifications, protections against username squatting, and new controls for replies sorting. The company announced that it is adding a new mentions tab with the v1.96 rollout to let you see those posts separately. Until now, all notifications…

British university spinoff Mindgard protects companies from AI threats

AI creates a dilemma for companies: Don’t implement it yet, and you might miss out on productivity gains and other potential benefits; but do it wrong, and you might expose your business and clients to unmitigated risks. This is where a new wave of “security for AI” startups come in, with the premise that these…

Perplexity has reportedly closed a $500M funding round

AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as…

A bad experience with an accounting firm spurred this founder to start Aiwyn

Accounting firms are struggling to adopt high-tech solutions. That’s according to a survey earlier this year from Rightsworks, which found that, while 88% of firms believe tech has had a positive impact on their efficiency, 60% are suffering from disconnected systems, inconsistent processes, and a lack of standardized workflows. Startups like Aiwyn are trying to…

Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z

Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark in August 2023. Shear is listed as CEO on an incorporation document filed with the…

Vectra AI, Lumifi Partner to Enhance XDR Security and SOC Operations

Vectra AI, a vendor of AI-driven extended detection and response (XDR) has partnered with managed detection and response (MDR) provider Lumifi to bring Vectra AI’s platform to Lumifi customers. Randy Schirman, channel chief of Vectra AI, and David Norlin, CTO at Lumifi spoke with Channel Insider to share more about why and how their partnership…

In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say

Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to sources with knowledge of the deal. The round is being led by returning investor Thrive Capital, the person said.  This new funding comes just four months after Anysphere raised its $60 million Series…

Tapestry, a new app for tracking social media, news, blogs, and more, will launch in ‘early 2025’

A new app called Tapestry promising to unify social media, news, and RSS in one place, is nearing completion. Designed by Iconfactory, the same team that created the third-party Twitter client Twitterific back in the day, Tapestry was unveiled at the beginning of the year as a tool that could better organize today’s fragmented online…

Waymo fills the Cruise void overseas and a salute to icon Jean Jennings

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. This will be the last newsletter of 2024! But don’t worry, we’ll be back in 2025 — sign up here to get it in your inbox every week. Thank you for reading and your emails. I love…

Instagram teases AI tools for editing appearances, backgrounds in videos using prompts

Instagram head Adam Mosseri is teasing upcoming generative AI features for the social app that will allow creators to “change nearly any aspect” of their videos using text prompts. The editing tools will be powered by Meta’s Movie Gen AI model, and are expected to launch on the social network sometime next year, Mosseri said…

Top 5 No-Code and Low-Code Tools of 2025

No-code and low-code tools have revolutionized software development by enabling all kinds of users to create powerful applications without requiring extensive coding expertise. These tools empower developers and non-developers alike to automate workflows, build websites, and create mobile apps using intuitive drag-and-drop interfaces, pre-built templates, and seamless integrations. It doesn’t matter whether you’re a small…

World(coin) must let Europeans comprehensively delete their data, under privacy order

It took a lot more than the initially slated few weeks to arrive, but a pivotal privacy decision that’s been hanging over Sam Altman’s World (aka Worldcoin) for months has finally landed, via a late December decision from the Bavarian data protection authority enforcing the bloc’s General Data Protection Regulation (GDPR), a comprehensive privacy framework…

Tesla is courting Texas cities to test its promised robotaxi service

Tesla is evaluating multiple Texas cities where it wants to test a long-promised robotaxi service, including Austin, according to emails obtained by Bloomberg News. An employee has apparently been in touch with Austin officials since May, and recently held an event in December to “train first responders on how to best work with Tesla’s autonomous…