Y Combinator is maybe only two-degrees of separation from anyone in tech. Even Larry Page. © 2024 TechCrunch. All rights reserved. For personal use only.
Category: In Brief
connected devices, Cybersecurity, Global IT News, Global Security News, Government, Hardware, In Brief, IoT, Security, smart devices, u.s., U.S. government, White House
The U.S. has a new cybersecurity safety label for smart devices
The White House this week announced a new label for internet-connected devices, the U.S. Cyber Trust Mark, intended to help consumers make more-informed decisions about the cybersecurity of products they bring into their homes. To earn the U.S. Cyber Trust Mark, which is being administered by the Federal Communications Commission, companies have to test their…
AI, Anthropic, Funding, Fundraising, Global IT News, Global Security News, In Brief
Anthropic reportedly in talks to raise $2B at $60B valuation, led by Lightspeed
OpenAI rival Anthropic is in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners, according to The Wall Street Journal. The round, which The Journal reports would value Anthropic at $60 billion, would bring Anthropic’s total raised to $15.7 billion, going by Crunchbase’s data. It would also…
Commerce, Global IT News, Global Security News, grubhub, In Brief, just eat takeaway, wonder
Just Eat Takeaway completes Grubhub sale to Wonder for a modest $650M
After looking for a buyer for more than two years, Just Eat Takeaway.com has finally closed the menu on Grubhub. On Tuesday, the Dutch food delivery giant said it completed the sale of the U.S. business to Wonder, the food startup founded and led by e-commerce veteran Marc Lore. The deal has an enterprise value…
CES, Dell, Global IT News, Global Security News, Hardware, In Brief, XPS
Goodbye, Dell XPS
In a bid to streamline, Dell is dropping some of its most iconic laptop brands. At CES 2025 on Monday, the PC company announced that XPS, Inspiron, and Latitude are moving to a farm upstate. In their stead come Dell, Dell Pro, and Dell Pro Max. The move is a bid to create “unified branding”…
AI, CMA, Competition and Markets Authority, Global IT News, Global Security News, Government & Policy, In Brief
UK uses AI to tackle ‘bid-rigging’ collusion in public procurement contracts
The U.K’s competition authority already has a lot on its plate in terms of tackling Big Tech’s growing reach across the technological spectrum, but closer to home it’s dealing with a different kind of anti-competitive threat — one it reckons AI is well-equipped to address. As per a Financial Times’ report this week, the Competition…
AI, controversy, firing, Global IT News, Global Security News, In Brief, interview, openai, sam altman
Sam Altman has choice words for the OpenAI board members who fired him
OpenAI CEO Sam Altman has strong words for the former board members who abruptly fired him late last November. “[A]ll those people that I feel, like, really f—ed me and f—ed the company were gone, and now I had to clean up their mess,” he told Bloomberg in a wide-ranging interview. Just over a year…
Global IT News, Global Security News, In Brief, Tesla Cybertruck, Transportation, turo
Turo taps national security and counterterrorism experts after Cybertruck explosion
Two individuals rented cars from Turo, a peer-to-peer car-sharing platform, and used them to perform acts of violence earlier this week. First, a military veteran driving a Ford F-150 Lightning drove into a crowd of people, killing at least 15. Then, an active-duty Green Beret rented a Tesla Cybertruck, parked it in front of the…
acquisition, AI, ai infrastructure, Global IT News, Global Security News, Hardware, In Brief, Merger, nvidia, Run:AI, Startups
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…
acquisition, antitrust, Cloud, CMA, Competition and Markets Authority, Enterprise, FTC, Global IT News, Global Security News, HashiCorp, IBM, In Brief, investigation, Merger, Software, takeover, uk
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…
blockchain, crime, criminal, Crypto, CryptoCurrency, Do Kwon, extradition, fraud, Global IT News, Global Security News, In Brief, Terraform, Terraform Labs
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…
AGI, AI, ChatGPT, Global IT News, Global Security News, In Brief, Microsoft, openai, TC
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…
AI, Global IT News, Global Security News, humanoid, In Brief, openai, robotics
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…
Global IT News, Global Security News, Google, Google Maps, In Brief, Transportation, west bank, Wired
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…
AI, ai-powered search, Funding, Fundraising, generative ai, Global IT News, Global Security News, In Brief, Perplexity, report, rumor, Search, startup, Startups
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…
dma apple vs meta, dma interoperability, Europe, Global Security News, Government & Policy, In Brief, privacy, Social
Apple and Meta go to war over interoperability vs. privacy
Apple and Meta are warring in Europe over the balance between interoperability and privacy, Reuters reports. The fight focuses on the European Union’s Digital Markets Act (DMA), a competition regulation that requires designated gatekeepers (including Apple and Meta) not to restrict rivals’ access to so-called core platform services. In Apple’s case, this means: iOS, iPadOS,…
electric vehicles, EVs, Global IT News, Global Security News, In Brief, Rivian, Transportation
Rivian EVs finally get YouTube, Google Cast, and SiriusXM
Rivian has released a new software update to its vehicles that brings some long-awaited apps to its in-vehicle experience. Owners who update their R1S SUV or R1T pickup truck can now use YouTube (while parked) or SiriusXM (with a subscription). The company is also adding Google Cast functionality. That also can only be used while…
Bluesky, Data Privacy, Global IT News, Global Security News, In Brief, social media startups, Venture
With 25M users, Bluesky gets a $1M fund to take on social media and AI
The fund will offer grants to those building on BlueSky’s open source AT Protocol. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Global IT News, Global Security News, In Brief, nonprofit, openai, report
OpenAI may pay its nonprofit arm ‘billions of dollars’ in conversion to for-profit
OpenAI’s transition away from a for-profit corporation that’s governed by a nonprofit board is well underway — and the nonprofit could be compensated royally for it. That’s according to The New York Times, which reports that OpenAI is in discussions to pay the nonprofit billions of dollars for it to cede control. There’s pressure to…
Europe, Global Security News, In Brief, Media & Entertainment, netflix gdpr, noyb netflix, privacy
Five years later… Netflix hit with Dutch data access fine
Five years later sounds like a half-baked sequel to a well-known zombie flick franchise. But it’s a reference to how long it’s taken a data access complaint against Netflix to deliver a penalty decision in the European Union. The fine that’s — finally — been issued under the bloc’s General Data Protection Regulation (GDPR) is…
Apps, Federal Trade Commission, FTC, Global IT News, Global Security News, Government & Policy, grubhub, In Brief
Grubhub to pay $25M for ‘deceptive’ practices against customers, drivers
Grubhub will pay $25 million to settle a lawsuit from the Federal Trade Commission and Illinois Attorney General Kwame Raoul over unlawful practices, including misleading customers about delivery costs, deceiving drivers about potential earnings, and listing restaurants on its platform without their permission. The agencies claim that Grubhub hid the true cost of its delivery…
AI, Big Data, big data analytics, data, Databricks, Enterprise, Funding, Fundraising, Global Security News, In Brief
Databricks raises $10B as it barrels toward an IPO
Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz, DST Global, GIC, and Iconiq Growth. The round is one of the largest venture rounds in history, and will drive future future mergers and acquisitions,…
Apps, Automattic, Enterprise, Global IT News, Global Security News, In Brief, pineapple pizza, TC, wordpress
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.…
cambridge analytica settlement, Global IT News, Global Security News, Government & Policy, In Brief, meta cambridge analytica australia, privacy, Social
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…
bytedance, Global Security News, Government & Policy, In Brief, North America, Social, TikTok, TikTok Ban
TikTok asks Supreme Court for a lifeline as sell-or-ban deadline approaches
TikTok and ByteDance asked the United States Supreme Court to block the law that forces TikTok to be sold off or banned in the United States, according to an emergency filing with America’s top court on Monday. The social media company requested that the Supreme Court consider blocking the sell-or-ban law passed earlier this year…
AGI, AI, generative ai, Global IT News, Global Security News, Ilya Sutskever, In Brief, openai, safe superintelligence, ssi, superintelligence
OpenAI co-founder Ilya Sutskever believes superintelligent AI will be ‘unpredictable’
OpenAI co-founder Ilya Sutskever spoke on a range of topics at NeurIPS, the annual AI conference, Friday afternoon before accepting an award for his contributions to the field. Sutskever gave his predictions for “superintelligent” AI, AI more capable than humans at many tasks, which he believes will be achieved at some point. Superintelligent AI will…
AI, amd, Enterprise, Funding, Fundraising, generative ai, Global IT News, Global Security News, In Brief, Liquid AI, liquid neural networks, startup, Startups
Liquid AI just raised $250M to develop a more efficient type of AI model
Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD. Per Bloomberg, the round values Liquid AI at over $2 billion. Liquid AI aims to build general-purpose AI systems powered by a relatively new type of AI model called a liquid neural network. Liquid…
Fleet Space Technologies, Global IT News, Global Security News, In Brief, Space
Fleet Space raises $100M to scale satellite-enabled mineral prospecting tech
Late-stage deals in space have been on the decline this year, but one notable exception is Fleet Space Technologies’ $100 million Series D. The Adelaide, Australia-based startup raised the new funding to accelerate the development of ExoSphere, a platform to enable real-time mineral prospecting from space. The company currently has two satellites in low Earth…
autonomous vehicles, Elon Musk, Global IT News, Global Security News, In Brief, Tesla, Transportation, zoox
Tesla’s loss is Zoox’s gain
Zoox co-founder and CTO Jesse Levinson told the crowd at TechCrunch Disrupt 2024 that he didn’t think Tesla would launch a robotaxi ride-hailing service in California (or anywhere else) next year, despite what Elon Musk had claimed. The “fundamental issue is they don’t have technology that works,” he said at the time. But it seems that…