Category: Crypto
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Swiggy IPO nets $606 million from institutional investors
Swiggy has raised around $606 million from a set of over 75 anchor investors as part of its $1.35 billion initial public offering, as the Indian food delivery and quick commerce startup prepares for the country’s second-largest listing of the year next week. The Bengaluru-based startup, which is seeking an $11.3 billion valuation in the…
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Elon Musk’s false and misleading election claims have been viewed 2 billion times on X
The world’s richest man buys out one of the most popular social media platforms and uses it as a propaganda and disinformation machine in support of a presidential candidate. What could go wrong? An analysis from the Center for Countering Digital Hate (CCDH), a nonprofit that tracks misinformation, found that Elon Musk posted at least…
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Oil giant BP is killing 18 hydrogen projects, chilling the nascent industry
The hydrogen industry, which has relied on oil and gas companies both financially and through lobbying efforts, is preparing for a grim outcome. © 2024 TechCrunch. All rights reserved. For personal use only. Tucked inside a 32-page earnings report, oil and gas giant BP revealed it was killing 18 early-stage hydrogen projects, a move…
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Apple’s new widget puts Election Day updates on your Lock Screen and Home Screen
It’s Election Day in the U.S., which means you’re likely glued to the latest news about which presidential candidate is currently in the lead. To help with this, Apple has released a Live Activities widget within its Apple News app that will offer real-time election updates directly on your iPhone or iPad’s Home Screen and…
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Regulators deliver successive blows to Amazon and Meta’s nuclear power ambitions
A series of recent rulings from regulators dashed the Big Tech companies’ hopes of finding a quick fix for their electricity needs. © 2024 TechCrunch. All rights reserved. For personal use only. Amazon, Meta, and Microsoft have placed big bets on nuclear power to secure electricity for their data centers as AI and cloud…
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Amazon acknowledges screen issues on a ‘small number’ of Kindle Colorsoft units
After more than a decade of waiting, Amazon’s first color Kindle has stumbled out of the gate. An issue with the new display has left Colorsoft buyers leaving unfavorable reviews. At last count, the e-reader is hovering around 2.7 stars. The company confirmed the display issues that are affecting a “small number” of units in…
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Amazon brings generative AI-powered recaps to Prime Video
Instead of scouring the internet for a summary of a TV show, which often risks unintentionally revealing major plot points, Prime Video’s latest feature aims to save viewers from encountering any spoilers. Amazon announced on Monday the launch of “X-Ray Recaps,” a generative AI-powered feature that creates concise summaries of entire seasons, single episodes, and…
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Bluesky gears up for Election Day as X goes pro-Trump
As Election Day in the U.S. nears, social networking startup Bluesky, now flush with new capital, hopes to demonstrate that its platform can serve as a more trusted, fact-checked alternative to Elon Musk’s X. While the latter is dominated by Musk’s support for the Trump campaign, Bluesky tends to lean left, thanks to its influx…
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Perplexity CEO offers AI company’s services to replace striking NYT staff
The CEO of AI search company Perplexity, Aravind Srinivas, has offered to cross picket lines and provide services to mitigate the effect of a strike by New York Times tech workers. The NYT Tech Guild announced its strike Monday, after setting November 4 as its deadline months earlier. The workers represented provide software support and…
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Apple users can soon upgrade to ChatGPT Plus within the Settings app
Apple products are getting an integration with OpenAI’s ChatGPT in December when iOS 18.2 rolls out, which should supercharge Siri and a few other features with smarter AI. On Monday, iOS 18.2 beta testers got a taste of how OpenAI could profit off of its Apple partnership. Apple is including an option to upgrade to…