Geek Guy

Category: Global IT News

Popular LatAm digital payment service AstroPay launches multi-currency wallet

AstroPay has been around since 2009. The bootstrapped company currently has 320 employees and is profitable. And yet, it’s not a name that comes up often in startup news. The company originally started its life as a payment service provider focused on Latin America — an alternative payment method that you would find next to the…

Nuon helps companies deploy their software into their customers’ cloud accounts

Jon Morehouse launched PowerTools in 2019 to help companies ship static sites and serverless apps to their cloud accounts on providers like AWS and Azure. When a customer asked him if they could use PowerTools to deploy their software into one of their customer’s cloud accounts, Morehouse was skeptical. Morehouse told TechCrunch that after that…

CyberArk Unveils Breakthrough Open-Source Tool That Helps Organisations Safeguard Against AI Model Jailbreaks

CyberArk (NASDAQ: CYBR), the global leader in identity security, announced the launch of FuzzyAI, a cutting-edge open-source framework that has jailbroken every tested AI model. Fuzzy AI helps organisations identify and address AI model vulnerabilities, like guardrail bypassing and harmful output generation, in cloud-hosted and in-house AI models.  FuzzyAI’s fully extensible framework is available as open-source…

Pineapple on pizza is delicious — and if you disagree, you can’t log in to WordPress.org

There are few matters in life that divide a room more than the prudence of putting pineapple on pizza. But if you’re of the persuasion that tropical fruit has no place on a pie, you’ll have to swallow a bitter pill — if you want to access the WordPress.org developer portal and forum, at least.…

Dragos Industrial Ransomware Analysis: Q3 2024

GUEST RESEARCH:  Dragos’s Industrial Ransomware Analysis Report Q3 2024  revealed that the ransomware threat ecosystem remained highly active, driven by the emergence of new groups, rebranding of existing entities, the expansion of initial access broker (IAB) operations, and the proliferation of illicitly traded tools. Operators demonstrated a growing ability to adapt to disruptions, leveraging technological advancements…

Remote enables USDC crypto payouts for contractors

Getting paid in cryptocurrencies may sound like a bad idea, but this could be an actually useful feature for international contractors. Remote, the company that lets you hire people and manage contractors all around the world, is introducing crypto payouts on Tuesday. Companies based in the U.S. can start paying their contractors with stablecoins in…

Boomi Boosts Data Management Capabilities With Acquisition of Modern Data Integration Provider Rivery

Boomi, the intelligent integration and automation leader, today announced a definitive agreement to acquire Rivery, a modern data integration provider that offers cutting-edge Change Data Capture (CDC) for real-time, efficient data movement. Rivery’s skilled data management team will join Boomi, strengthening the company’s ability to deliver world-class solutions to customers and accelerate its trajectory as…

While some account-to-account payments players falter, Volume raises fresh cash

Online merchants can usually pay up to 8% of every sale on an item to companies like PayPal, Apple Pay, and Stripe — and those costs are usually passed to consumers. So-called ‘account-to-account’ or ‘A2A’ payments can cut transaction fees to below 1%, saving merchants and consumers quite a bit of cash. The difficulty has been…

Meta to set up $50M privacy payment scheme to settle Australian proceeding

Meta has agreed to a $50 million payment program to settle a long-running proceeding in Australia related to misuse of information for political ad targeting, the country’s information watchdog OAIC announced Tuesday. The settlement concerns the 2018 Cambridge Analytica scandal, when data on millions of Facebook users was exfiltrated without their knowledge or consent by…

HR professionals confident AI will improve organisational productivity and performance

But survey highlights industry concerns about regulatory changes, risks of bias, accuracy and discrimination HR professionals are overwhelmingly confident AI will boost productivity and performance but many are concerned about data and security, the latest research from the Australian HR Institute (AHRI) and Queensland University of Technology (QUT) shows.

Kakao Mobility hit with $10.5M antitrust fine for limiting rivals’ access

South Korea’s antitrust watchdog has fined Kakao Mobility, the ride-hailing unit of Korean tech firm Kakao, $10.5 million (KRW 15.1 billion) for limiting competitors’ access to its taxi app — lowering the penalty from an initial fine of $50.3 million (KRW 72.4 billion) as the earlier sanction was based on an overestimated calculation of the…

Kris Day Joins SentinelOne as Senior Vice President and General Manager Asia Pacific and Japan

COMPANY NEWS :  SentinelOne (NYSE: S), a global leader in AI-powered security, today announced the appointment of  Kris Day as Senior Vice President  and General Manager for Asia Pacific and Japan. Based in Singapore, Day is a proven leader with an extensive track record of broad-based achievement.  At SentinelOne, he will focus on charting the company’s go-to-market and growth…

Nubank leads $250M round in African digital bank Tyme at $1.5B valuation

Tyme Group, a South African-born fintech operating in the African country and the Philippines, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion. The funding was led by Nu Holdings (which owns NuBank), Latin America’s most valuable fintech, which invested $150 million for a 10% stake. M&G Catalyst Fund…

Hexa, the startup studio behind Aircall and Swan, unveils its next batch of startups

Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service products. Hexa usually comes up with the ideas…

Mark Zuckerberg says Threads now has 100M daily active users

Meta’s X rival Threads is growing steadily with more than 100 million people using the service daily, the company’s CEO Mark Zuckerberg said Monday. Zuckerberg also noted that Threads now has 300 million monthly active users, up from 275 million monthly active users in November. While Meta has regularly released updated numbers about monthly active…

Waymo robotaxis are coming to Tokyo in 2025

Waymo will begin testing its autonomous vehicle technology in Tokyo in early 2025, the first time the Alphabet company’s robotaxis have driven on public roads outside the U.S. The move to Japan is part of Waymo’s so-called “road trips,” a development program that involves bringing and testing its technology in a variety of cities —…

Jay Z’s Marcy Venture Partners merges with investment arm of Pendulum Holdings

Jay Z’s venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holding’s investment arm Pendulum Opportunities, to form MarcyPen Capital Partners, a MarcyPen spokesperson confirmed to TechCrunch. The newly formed MarcyPen Capital Partners has $900 million in assets under management, according to Pitchbook.  MarcyPen’s spokesperson declined to comment further on…

iRobot co-founder’s new home robot startup hopes to raise $30M

Colin Angle, one of the co-founders of Roomba maker iRobot, is raising cash for a home robotics venture. A filing with the U.S. Securities and Exchange Commission reveals that Angle’s new company, Familiar Machines & Magic, is trying to raise $30 million. So far, it has raised $15 million from a group of eight investors.…

TuSimple drama heats up ahead of pivotal shareholder meeting

TuSimple co-founder and former CEO Xiaodi Hou is on a war path in the lead up to Friday’s annual shareholder meeting that will decide the makeup of the company’s board of directors.  Over the past several weeks, Hou has sued TuSimple for control of his voting rights, demanded the company immediately liquidate and return all…

TechCrunch Space: Sayonara

Hello and welcome back to TechCrunch Space. This will be the final TechCrunch Space newsletter you receive in 2024, so to all our readers, have a wonderful holiday and see you next year. There’s a lot to look forward to next year. I expect to see much more progress from SpaceX on Starship, big changes…

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OpenAI brings its AI-powered web search tool to more ChatGPT users

ChatGPT Search, OpenAI’s AI-powered web search experience, is now live for all ChatGPT users — with several new features in tow. By default, ChatGPT will automatically determine which questions to route through ChatGPT Search, or users can tap a new “Search the web” icon in the ChatGPT interface. ChatGPT Search shows summarized answers from different…

Google experiments with a new image generator that remixes three images into one creation

Google Labs, Google’s experimental arm, is testing a new image generator called Whisk. This tool allows people to prompt with images instead of text, allowing them to remix a photo by altering the subject, scene, and style. Whisk uses Google’s image-generation model, Imagen 3, to combine three images: one for the subject, another for the…

YouTube will now let creators opt out of third-party AI training

YouTube on Monday announced it will give creators more choice over how third parties can use their content to train their AI models. Starting today, creators and rights holders will be able to flag for YouTube if they’re permitting specific third-party AI companies to train models on the creator’s content. From a new setting within…

YouTube will now let creators opt into third-party AI training

YouTube on Monday announced it will give creators more choice over how third parties can use their content to train their AI models. Starting today, creators and rights holders will be able to flag for YouTube if they’re permitting specific third-party AI companies to train models on the creator’s content. From a new setting within…

Meta updates its smart glasses with real-time AI video

Meta’s Ray-Ban Meta smart glasses are getting several new AI-powered upgrades, including the ability to have an ongoing conversation and translate between languages. Ray-Ban Meta owners in Meta’s early access program for the U.S. and Canada can now download firmware v11, which adds “live AI.” First unveiled this fall, live AI lets wearers continuously converse…

What is Instagram’s Threads app? All your questions answered

Twitter alternatives — new and old — have found audiences willing to try out a newer social networks since Elon Musk took over the company in 2022. Mastodon, Bluesky, Spill and T2 are some of the social media platforms people are among them. So is Meta’s Threads platform. What is Threads? How do you create…

Google DeepMind unveils a new video model to rival Sora

Google DeepMind, Google’s flagship AI research lab, wants to beat OpenAI at the video generation game — and it might just, at least for a little while. On Monday, DeepMind announced Veo 2, a next-gen video-generating AI and the successor to Veo, which powers a growing number of products across Google’s portfolio. Veo 2 can…

YouTube’s latest test lets creators post voice notes as comments

YouTube is experimenting with a new way to engage fans by giving creators the ability to post voice notes and reply to comments on their videos, the company announced on Monday. The ability to post voice notes is limited to certain creators in the U.S. for the time being. YouTube says they’ll only be able…

BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018

Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant write-down from the $1.4 billion BlackBerry paid to acquire the company in 2018. Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million…

Snapchat introduces a unified monetization program for creators

Snapchat is introducing a revamped, unified monetization program for creators. The new program will reward creators for both content posted to Stories and Spotlight, its TikTok copycat. Previously, Snapchat monetized these two formats through separate programs. Under the new program, creators will earn revenue from ads displayed within eligible Stories and Spotlight posts. “With Spotlight…

Prequel is building a community-driven approach to finding software bugs

Cybersecurity practitioners take a community-driven approach to solving problems. Security researchers share the vulnerabilities they find with the broader cybersecurity community, which allows companies to patch up their security holes before something catastrophic happens. Prequel is looking to bring that same approach to software. The startup is building a database of software failure patterns or…

UK’s internet watchdog finalizes first set of rules for Online Safety law

On Monday, the U.K.’s internet regulator, Ofcom, published the first set of final guidelines for online service providers subject to the Online Safety Act. This starts the clock ticking on the sprawling online harms law’s first compliance deadline, which the regulator expects to kick in in three months’ time. Ofcom has been under pressure to…

Tips for leveraging Robotic Process Automation (RPA) in your business

GUEST OPINION: In today’s fast-paced business environment, efficiency and accuracy are more important than ever. Robotic Process Automation (RPA) is a game-changer for many organizations, offering a way to streamline repetitive tasks and boost productivity. Imagine having software robots that handle mundane, rule-based processes, freeing up your team to focus on more strategic work. That’s…

Google names new India chief

Google has appointed Preeti Lobana to lead its India business, filling a key position that had been vacant since Sanjay Gupta’s promotion to Asia-Pacific president in July. Lobana, who was vice president of advertising technology at Google, takes over as the company pushes its AI products in India amid intensifying competition in the digital market.…

This stealthy African stablecoin startup already processed over $1B in cross-border payments

Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is launching out of stealth after processing over $1 billion in transaction volume for thousands of African businesses over the last three years. The fintech claims to have processed over 25,000 transactions, generating $1.3 billion in total payment volume (TPV)…

The 2025 Lucid Air Pure is a luxe ride at $69,900 with room for tech tune-ups

The all-electric 2025 Lucid Air Pure is a dreamy, sexy car that’s no less luxurious for being the cheapest trim in Lucid’s Air lineup. I felt fancy and discerning driving around, but in an understated way – as if I were wearing designer sweatpants.  But does fancy equal value? I spent about 10 days driving…

Open source companies that go proprietary: A timeline

Open source might be the building blocks of the modern software stack, but companies building businesses off the back of open source software face a perennial struggle between keeping their community happy and ensuring that third parties don’t abuse the permissions afforded by the license. Many companies have launched with lofty open source ambitions, only…

Trump’s Silicon Valley advisers have AI ‘censorship’ in their crosshairs

President-elect Donald Trump has surrounded himself with Silicon Valley entrepreneurs — including Elon Musk, Marc Andreessen, and David Sacks — who are now advising him on technology and other issues. When it comes to AI, this crew of technologists is fairly aligned on the need for rapid development and adoption of AI throughout the U.S.…

Rhode Island says personal data likely breached in social services cyberattack

State officials said hundreds of thousands of Rhode Island residents could be affected by a cyberattack on the state’s online portal for social services, with a “high probability” that  personally identifiable information was breached. According to an update from Governor Dan McKee’s office, the attack targeted RIBridges, which Rhode Island residents use to apply for…

Meta asks California AG to block OpenAI’s conversion to for-profit

Facebook’s parent company Meta is supporting Elon Musk’s effort to block OpenAI’s conversion from a non-profit company into a for-profit one. As reported by The Wall Street Journal, Meta sent a letter to California Attorney General Rob Bonta arguing that allowing the shift would have “seismic implications for Silicon Valley.” And while the company asked…

What are AI ‘world models,’ and why do they matter?

World models, also known as world simulators, are being touted by some as the next big thing in AI. AI pioneer Fei-Fei Li’s World Labs has raised $230 million to build “large world models,” and DeepMind hired one of the creators of OpenAI’s video generator, Sora, to work on “world simulators.” (Sora was released on…

Arlan Hamilton announces changes at Backstage Capital, will step into advisory role

Arlan Hamilton, founder of Backstage Capital, announced Friday that her role at the firm she started in 2015 will evolve.  “After 12 years of being deeply involved in the day-to-day operations, I’ve decided to transition into a chairperson and advisory position,” she wrote in a statement released online. She was previously a managing partner at…

Klarna’s CEO says it stopped hiring thanks to AI but still advertises many open positions

Klarna CEO Sebastian Siemiatkowski recently told Bloomberg TV that his company essentially stopped hiring a year ago and credited generative AI for enabling this massive workforce reduction. However, despite Siemiatkowski’s bullishness on AI, the company is not relying entirely on AI to replace human workers who leave, as open job listings — for more humans…

‘Reasoning’ AI models have become a trend, for better or worse

Call it a reasoning renaissance. In the wake of the release of OpenAI’s o1, a so-called reasoning model, there’s been an explosion of reasoning models from rival AI labs. In early November, DeepSeek, an AI research company funded by quantitative traders, launched a preview of its first reasoning algorithm, DeepSeek-R1. That same month, Alibaba’s Qwen…