Category: Apps
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EU abandons ePrivacy, AI liability reforms, as bloc shifts focus to competitiveness & data access for AI
A long stalled bid to beef up European Union rules around online tracking technologies — and put penalties on a similar footing to the bloc’s data protection framework, GDPR, which allows for fines of up to 4% of annual turnover for breaches — has been withdrawn by the Commission after co-legislators failed to reach agreement…
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Chestnut Carbon gets $160M to turn old farms into forests
The company buys marginal and degraded farmland, plants them with native trees, and harvests the resulting carbon credits. © 2024 TechCrunch. All rights reserved. For personal use only. The company buys marginal and degraded farmland, plants them with native trees, and harvests the resulting carbon credits. © 2024 TechCrunch. All rights reserved. For personal…
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A woman in China sued Tesla after complaining of faulty brakes — now she’s paying Tesla $23K
As per an investigation by the Associated Press (AP), Tesla has won a defamation lawsuit against one individual called Zhang Yazhou, who in February 2021 was a passenger in a Tesla Model 3 car that allegedly crashed due to faulty brakes, resulting in a four-day hospital stay for both her parents. Following the accident, Zhang…
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Google Whisk, an image remixing tool, is now available in 100+ countries
Notably, the image tools are not available in countries and regions like India, Indonesia, the EU, and the U.K. © 2024 TechCrunch. All rights reserved. For personal use only. Notably, the image tools are not available in countries and regions like India, Indonesia, the EU, and the U.K. © 2024 TechCrunch. All rights reserved.…
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Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO
Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to survival. In developed markets, where credit cards are common, consumers often view buy now, pay later (BNPL) offerings positively because of their flexible installment options. But in emerging markets like the Middle East, where credit card penetration is…
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Federal workers sue Elon Musk and DOGE to cut off data access
Federal workers are suing DOGE and its creator, Elon Musk to cut off the new agency’s access to their personal data. © 2024 TechCrunch. All rights reserved. For personal use only. Federal workers are suing DOGE and its creator, Elon Musk to cut off the new agency’s access to their personal data. © 2024…
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Founders Fund is about to close another $3B fund
Founders Fund is on track to conclude fundraising of its third growth fund at the end of March, according to people close to the firm. The Peter Thiel-founded outfit is raising $3 billion, a source told TechCrunch and Axios also reported. The fund, which is intended primarily for additional investments in its successful late-stage portfolio…
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ChatGPT may not be as power-hungry as once assumed
ChatGPT, OpenAI’s chatbot platform, may not be as power-hungry as once assumed. But its appetite largely depends on how ChatGPT is being used, and the AI models that are answering the queries, according to a new study. A recent analysis by Epoch AI, a nonprofit AI research institute, attempted to calculate how much energy a…
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Apple Maps plans to show ‘Gulf of America,’ following Google
Apple Maps will soon rename the Gulf of Mexico to the Gulf of America, following similar changes made by Google this week, in order to comply with U.S. President Donald Trump’s executive order that officially changed the name. U.S.-based Apple users may see the “Gulf of America” as soon as Tuesday, according to Bloomberg, and…
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Microsoft powers AI ambitions with 400 MW solar purchase
Microsoft has added another 389 megawatts of renewable power to its portfolio as the tech giant scrambles to meet the power demands required to match its AI ambitions. The additional renewable power spans three solar projects developed by EDP Renewables North America — two in southern Illinois and one outside Austin, Texas. Microsoft is buying…