Category: Enterprise
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Microsoft faces UK antitrust probe after hiring Inflection AI founders and employees
U.K. authorities have until early September to decide whether the hiring is tantamount to a merger. © 2024 TechCrunch. All rights reserved. For personal use only. Microsoft is facing a full regulatory probe in the U.K. after the tech giant hired the core team behind Inflection AI, a U.S.-based OpenAI rival Microsoft had previously invested…
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A company building Wordle for chess raises money from a16z Speedrun, Mark Pincus and Eric Wu
Echo Chunk, a company that is building Wordle-styled daily chess puzzle game Echo Chess, has raised $1.4 million in pre-seed from a16z Speedrun (Andreessen Horowitz’s early stage games accelerator), founder of Zynga Mark Pincus, South Park Commons (SPC), Opendoor founder and CEO Eric Wu and Stef Corazza, the Head of Generative AI at Roblox. Sami…
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YC-backed CrowdVolt shakes up the secondary ticket market with its bid-ask model
CrowdVolt operates on a model similar to sneaker resell marketplace StockX, meaning buyers submit bids on tickets, and sellers set asking prices. © 2024 TechCrunch. All rights reserved. For personal use only. The current secondary ticket exchange system is fraught with several issues, such as tickets being resold at prices much higher than their…
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Perplexity’s Aravind Srinivas on accelerating everyday AI at TechCrunch Disrupt 2024
As AI competition heats up, Perplexity has proven resilient due to its focus on using the technology strictly as a tool to let people “learn anything in their own way.” But how will the company face down tech giants, AI rivals, and the growing controversy over AI and intellectual property? CEO and co-founder Aravind Srinivas…
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WhatsApp introduces ‘Favorites’ for quick access to contacts and groups that matter most
WhatsApp is rolling out a “Favorites” filter to let you quickly access chats and groups for sending them new messages or making calls. © 2024 TechCrunch. All rights reserved. For personal use only. WhatsApp has announced the release of a filter called “Favorites” to let you quickly find chats from the people and groups…
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iOS 18 could ‘sherlock’ $400M in app revenue
Apple’s changes may affect apps that today have an estimated $393 million in revenue and have been downloaded roughly 58 million times over the past year. © 2024 TechCrunch. All rights reserved. For personal use only. Apple’s practice of leveraging ideas from its third-party developer community to become new iOS and Mac features and…
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VC David Sacks delivers a fire-and-brimstone speech at the Republican National Convention
On the first night of the RNC, venture capitalist David Sacks took the stage to warn Republicans of “a world on fire.” © 2024 TechCrunch. All rights reserved. For personal use only. On the first night of the Republican National Convention, venture capitalist David Sacks took the stage to warn Republicans of “a world…
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Google’s Kurian approached Wiz, $23B deal could take a week to land, source says
Alphabet, Google’s parent company, is in advanced talks to acquire Wiz for $23 billion, a person close to the company told TechCrunch. The deal discussions were previously reported by The Wall Street Journal. Wiz, a cybersecurity startup founded in 2020, was approached a few weeks ago by Thomas Kurian, head of Google’s cloud division, the…
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Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday
Payments giant Stripe has delayed going public for so long that its major investor Sequoia Capital is getting creative to offer returns to its limited partners. The venture firm emailed LPs in funds raised between 2009 and 2011 with an offer to buy up to $861 million worth of shares in Stripe, Axios reported. Sequoia…
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Fisker has one major objector to its Ocean SUV fire sale
One major dissenter threatens to upend Fisker’s apparent best chance at offloading its unsold EVs, a deal that would keep the startup’s bankruptcy proceeding alive and pave the way for paying back creditors some of what they’re owed. The objection to the sale comes from the office of the U.S. Trustee, an arm of the…