Category: Apps
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Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M
Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million. Seagate said on Thursday that it’ll pay $4 per share in a tender offer for Intevac, which is publicly traded. Seagate will initially purchase a minimum of “at least one share…
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EU’s Disinformation Code moves closer to becoming DSA benchmark
Staying on the right side of the European Union’s online rulebook when it comes to the slippery topic of disinformation is set to get easier for platforms that commit to the bloc’s long-standing Code of Practice on Disinformation. You know, the voluntary Code that Elon Musk pulled X (formerly Twitter) out of back in 2023.…
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Startup Battlefield 200: The competition starts on the waitlist
Is your pre-Series A startup solving big problems with game-changing potential? Do you have the drive to compete against the world’s top early-stage startups? Or know a founder whose vision deserves to be seen? TechCrunch’s Startup Battlefield 200 is where the most innovative early-stage startups battle it out in front of world-renowned VC judges in…
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Alibaba confirms Apple deal bringing AI features to iPhones in China
Alibaba on Thursday confirmed recent reports of a partnership with Apple that’s set to bring AI features to iPhones sold in China. The deal is an important one for Apple, as iPhone sales have dropped precipitously in the world’s largest smartphone market. The handset experienced an 11% year-over-year drop in China, according to Apple’s most…
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EnCharge raises $100M+ to accelerate AI using analog chips
EnCharge AI, a semiconductor startup developing analog memory chips for AI applications, has raised more than $100 million in a Series B round led by Tiger Global to spur its next stage of growth. The funding is significant partly because interest in AI is at an all-time high, but the high price of building and…
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YouTube Shorts adds Veo 2 so creators can make gen AI videos
YouTube Shorts is integrating with Google DeepMind’s latest video model, Veo 2, allowing creators to generate AI video clips for their posts. Veo 2 is Google’s response to Sora, OpenAI’s text-to-video generator. YouTube, owned by Google, already allowed creators to generate AI backgrounds for their Shorts with a text prompt through a feature called Dream…
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Spyware maker caught distributing malicious Android apps for years
Italian company SIO, which sells to government customers, is behind an Android spyware campaign called Spyrtacus that spoofed popular apps like WhatsApp, per security researchers. © 2024 TechCrunch. All rights reserved. For personal use only. Italian company SIO, which sells to government customers, is behind an Android spyware campaign called Spyrtacus that spoofed popular…
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Blue Origin cuts 10% of staff one month after first successful New Glenn launch
Blue Origin is laying off 10% of its workforce, according to Reuters, just one month after the successful first launch of its New Glenn mega-rocket. The company reportedly has more than 10,000 employees, meaning the cut could affect around 1,000 people. CEO Dave Limp told employees in an all-hands meeting Thursday morning the company is…
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Germany’s Helsing doubles down on drones for Ukraine, scales up manufacturing
Helsing, the German defense tech startup backed by Spotify’s Daniel Ek and others, is producing 6,000 HX-2 strike drones in addition to the 4,000 HF-1 strike drones financed by Germany that are currently being delivered to Ukraine. “We are scaling up production of HX-2 in response to additional orders from Ukraine,” Helsing co-founder Gundbert Scherf…
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Publishers sue AI startup Cohere over alleged copyright infringement
A consortium of fourteen publishers including Condé Nast, The Atlantic, and Forbes have filed a lawsuit against Cohere alleging that the generative AI startup has engaged in “massive, systematic” copyright infringement. In the complaint, the publisher plaintiffs accuse Cohere of using at least 4,000 copyrighted works to train its AI models and display large portions…