Category: Apps
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Snowflake snaps up data management company Datavolo
Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum. Snowflake unveiled the deal at the close of the market bell on Wednesday, when it also announced its Q3 2025 earnings. The deal’s closing is subject to customary conditions, Snowflake noted in a release. Joseph Witt and Luke…
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It’s not just you, Reddit is down
Social media platform Reddit is experiencing an outage this afternoon, resulting in thousands of users being unable to access its website and app. Reddit confirmed that it’s currently investigating the issue, according to its status page. We discovered the outage ourselves when attempting to visit the homepage, which displayed a black screen with the message:…
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Another VC-backed fintech, Earnin, faces crackdown over allegedly ‘predatory’ loans
The attorney general for the District of Columbia is suing instant payday loan fintech Earnin for “deceptively marketing and providing illegal high-interest loans,” the AG alleges. Earnin allows its users to get loans against paychecks. It advertises that users can get $150 a day, up to $750 per pay period, with “no interest, credit check…
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Fusion startup Tokamak Energy attracts $125M for its egg-like reactor design
Startups pursuing fusion power have benefitted from AI’s insatiable thirst for electricity. © 2024 TechCrunch. All rights reserved. For personal use only. Startups pursuing fusion power have benefitted from AI’s insatiable thirst for electricity. © 2024 TechCrunch. All rights reserved. For personal use only.
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FTX CTO Gary Wang avoids prison time
Not every former top FTX executive is heading to prison. Gary Wang, former FTX chief technical officer, was spared prison time by U.S. District Judge Lewis Kaplan today. Judge Kaplan praised Wang’s cooperation with federal authorities. Wang testified against former FTX founder and CEO Sam Bankman-Fried at his trial last fall. Wang pleaded guilty to…
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Benchmark invests $19M in New Lantern, a smarter way for radiologists to use AI
Shiva Suri gained a unique perspective into how radiologists work when he quarantined and shared a home office with his mom, a well-regarded radiologist. “I watched her work day in and day out, and she was wasting about seven to eight hours on boring workflow tasks,” Suri said. “Only 5% of her time, she had…
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May Mobility to test driverless shuttles in Ann Arbor
May Mobility is slowly advancing its driverless capabilities. The startup this week launched a small-scale deployment of autonomous shuttles, which will drive themselves along a fixed route without a human safety driver present. May will initially deploy one to two autonomous Toyota Sienna minivans to ferry employees and “invited guests” across a 2-square-mile area of…
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US charges five accused of multi-year hacking spree targeting tech and crypto giants
The five alleged hackers are accused of stealing millions of dollars in crypto, and corporate data from several victims all over the world. © 2024 TechCrunch. All rights reserved. For personal use only. The five alleged hackers are accused of stealing millions of dollars in crypto, and corporate data from several victims all over…
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This Week in AI: Congressional commission warns of Chinese AGI
Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. America’s AI war with China is intensifying — or at least, the rhetoric around it is. On Tuesday, a U.S. congressional commission proposed a “Manhattan Project-style” effort to fund the development of AI systems with human-level…
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DuckDuckGo calls for EU to widen its Digital Markets Act probe of Google
Privacy-focused search engine DuckDuckGo has urged the European Union to widen its Digital Markets Act (DMA) investigation into Google, claiming the search giant is in breach of several areas where the bloc has yet to formally probe the company’s compliance. The EU’s flagship market contestability rulebook has been in force on a handful of tech…