Category: Gaming
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Techstars is laying off 17%, ending its J.P. Morgan-backed programs
Techstars is cutting 17% of its staff and will end its $80 million J.P. Morgan-backed AdvancingCities program once the fund is completely deployed. © 2024 TechCrunch. All rights reserved. For personal use only. Techstars is laying off 17% of its workforce and will end its $80 million J.P. Morgan-backed Advancing Cities Program once the…
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From Skims to Stripe, here are the startups that are likely — or definitely — not having IPOs this year
Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we settle in to the second half of the year. This year delivered four venture-backed tech IPOs — Reddit, Astera Labs, Ibotta and Rubrik — in March and April, which made it seem like this year could spur…
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YouTube is testing a feature that lets creators use Google Gemini to brainstorm video ideas
YouTube is testing an integration with Google Gemini to help creators brainstorm video ideas, titles and thumbnails. The Google-owned company announced the launch of the new Brainstorm with Gemini feature in a video posted to its Creator Insider channel. A YouTube spokesperson told TechCrunch that the feature is available to select creators as a part…
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UK satellite startup Blue Skies Space wants to sell astronomy data ‘as a service’
The satellite is designed to complement data provided by existing astronomical efforts such as that of the famed Hubble Telescope. © 2024 TechCrunch. All rights reserved. For personal use only. A U.K. space startup has revealed plans to launch its first satellite as part of SpaceX’s rideshare program, ushering in what it claims will…
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Reddit to test AI-powered search result pages
Reddit users will soon see AI-generated summaries at the top of search results. Reddit co-founder and CEO Steve Huffman told investors during its earnings call on Tuesday that the company plans to test AI-powered search result pages to “summarize and recommend content.” He noted this will help users “dive deeper” into content and discover new…
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UK data watchdog to fine NHS vendor Advanced for security failures prior to LockBit ransomware attack
The ICO issued the provisional fine in “failing to implement appropriate security measures prior to the attack.” © 2024 TechCrunch. All rights reserved. For personal use only. U.K. data protection authorities have issued a provisional fine of more than £6 million to NHS vendor Advanced after finding that the company failed to properly secure…
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EQT takes a majority stake in cybersecurity firm Acronis at $3.5B+ valuation
Cybersecurity remains a white-hot space for investors. In the latest example of that demand, EQT has bought a majority stake in Acronis, a security company that specializes in data protection, cloud and integrated security solutions for managed service providers (which resell services to consumers) and corporate IT teams. The size and value of the stake,…
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Automattic launches AI writing tool that aims to make WordPress blogs more readable and succinct
Automattic, the owner of WordPress.com, has launched a new AI tool designed to help bloggers write more clearly and succinctly. © 2024 TechCrunch. All rights reserved. For personal use only. Automattic, the owner of WordPress.com, has launched a new AI tool designed to help bloggers write more clearly and succinctly. The tool joins a…
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Elon Musk’s X taken to court in Ireland for grabbing EU user data to train Grok without consent
Elon Musk’s X is being taken to court in Ireland for using Europeans’ data to train AI models without asking for their consent. © 2024 TechCrunch. All rights reserved. For personal use only. Elon Musk’s X is being taken to court in Ireland for using Europeans’ data to train AI models, RTE reported late…
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Fintech Payoneer is buying 5-year-old global payroll startup Skuad for $61M in cash
New York-based fintech Payoneer has acquired Skuad, a Singapore-based global HR and payroll startup, for $61 million in cash, the company exclusively told TechCrunch. Payoneer said it could also pay up to another $10 million, contingent on if Skuad meets various performance goals within the first 18 months of the acquisition. Payoneer also committed to…