Category: Crypto

The FTC is reportedly readying an investigation into whether Microsoft used anti-competitive tactics to maintain a dominant position in the cloud market. According to Financial Times, the agency is looking into allegations that Microsoft imposed punitive licensing agreements to prevent customers from moving data off its platforms. Sources told FT that the FTC is also…

Tech executives have been trying to influence the incoming Trump administration to appoint Silicon Valley insiders for cabinet positions, The New York Times reported. Given Elon Musk’s strong relationship with Donald Trump, many of these persuasion efforts have been directed towards him, including by friends of Musk like Joe Lonsdale, the co-founder of Palantir and…

Bob Wise, the CEO of Heroku, Salesforce’s cloud platform as a service (PaaS), has left. A Salesforce spokesperson confirmed the news to TechCrunch in a statement via email. “Bob Wise has left Salesforce for his next career move,” the spokesperson said. “We appreciate all that Bob has done for Salesforce and Heroku and we wish…

Bluesky said Thursday evening that over 1 million people signed up for the platform in the last 24 hours, making it one of the busiest days for the company. This also meant the social network crossed the mark of 16 million users overall. The platform’s announcement comes hours after Instagram head Adam Mosseri said that…

Elon Musk’s lawsuit against OpenAI accusing the company of abandoning its non-profit mission was withdrawn in July, only to be revived in August. Now, in an amended complaint, the suit names new defendants including Microsoft, LinkedIn co-founder Reid Hoffman, and former OpenAI board member and Microsoft VP Dee Templeton. The amended filing also adds new…

With the advent of flexible workspaces, companies are increasingly adopting smartphone-based authentication to let employees enter and leave. In a recent poll, nearly two in five firms said they’re letting staff use their phones to access office buildings. The boon has benefited vendors like SwiftConnect, which sells a platform for managing access to physical offices. Chip…

When you board a plane, the pilot already knows the weather on the flight path and can steer clear, or at least warn you it’s coming. The same can’t be said of “space weather” from solar events, which can seriously affect satellites and even passenger planes. Mission Space is about to launch a constellation to…

Amazon One Medical is expanding its telehealth services with the launch of upfront and low-cost treatment plans and medication delivery for several beauty and lifestyle concerns. Customers can get treatment plans and medication for men’s hair loss for as low as $16 per month, anti-aging skin care for $10 per month, and erectile disfunction care…

A first draft of a Code of Practice that will apply to providers of general-purpose AI models under the European Union’s AI Act has been published, alongside an invitation for feedback — open until November 28 — as the drafting process continues into next year, ahead of formal compliance deadlines kicking in over the coming…

AI’s insatiable thirst for electricity is expected to surge in the coming years. © 2024 TechCrunch. All rights reserved. For personal use only. ​ In Brief Posted: 7:31 AM PST · November 14, 2024 AI’s insatiable thirst for electricity is expected to surge in the coming years, potentially leading to power shortages for data centers.…