• Byju's founder floats share offer to make peace with estranged investors

    Byju Raveendran, the founder of embattled edtech group Byju’s, has made a last-ditch attempt to placate disgruntled investors. He has just informed them that the board is weighing an offer of renounced shares — shares that a group of investors chose not to buy recently in protest — to prevent the dilution of their holdings ahead […] © 2024 TechCrunch. All rights reserved. For personal use only.

  • X's Grok chatbot will soon get an upgraded model, Grok-1.5

    X.ai, Elon Musk’s AI startup, has revealed its latest generative AI model, Grok-1.5. Set to power social network X’s Grok chatbot in the not-to-distant future (“in the coming days,” X.ai writes in a blog post), Grok-1.5 appears to be a measurable upgrade over its predecessor, Grok-1 — at least judging by the benchmark results and […] © 2024 TechCrunch. All rights reserved. For personal use only.

  • Bumble's new CEO talks about her critical mission: to spice things up at the company

    The bigger concern for Bumble is user fatigue. People aren't downloading dating apps as enthusiastically as they once were, which means less subscription revenue. © 2024 TechCrunch. All rights reserved. For personal use only.

  • SBF's prison sentence marks the end of the crypto grift era — so what's next?

    Nearly everything else that's being built on or enabled by blockchains replaces something that's already being done fairly well. © 2024 TechCrunch. All rights reserved. For personal use only.

  • Apple dismisses Microsoft monopoly comparisons

    A week after finding itself at the business end of a landmark lawsuit from the United States Department of Justice, Apple is staunchly denying any parallels between itself and Microsoft in the 1990s. It’s a comparison into which the U.S. Attorney General Merrick Garland leaned heavily in last week’s filing. While portions of the United […] © 2024 TechCrunch. All rights reserved. For personal use only.

  • Uber Eats courier's fight against AI bias shows justice under UK law is hard won

    On Tuesday, the BBC reported that Uber Eats courier Pa Edrissa Manjang, who is Black, had received a payout from Uber after "racially discriminatory" News this week that an Uber Eats courier accepted a payout to settle legal action after accusing the company of unlawful racial discrimination -- following repeated failures of its facial recognition checks -- raises questions about how fit for purpose UK law is to deal with rising use of AI systems.

  • Activision investigating password-stealing malware targeting game players

    Video game giant Activision is investigating a hacking campaign that’s targeting players with the goal of stealing their credentials, TechCrunch has learned. At this point, the hackers’ specific goals — apart from stealing passwords for various types of accounts — are unclear. Somehow, the hackers are getting malware on the victims’ computers and then stealing […] © 2024 TechCrunch. All rights reserved. For personal use only.

  • Elon Musk's Twitter a year later: Everything you need to know

    Welcome to Elon Musk’s Twitter (now X), where the rules are made up and the check marks don’t matter. The Tesla and SpaceX CEO announced his bid to buy Twitter in April 2022, zealously driven to rid the platform of spam bots and protect free speech; now, it’s the one-year anniversary since he made his […] © 2024 TechCrunch. All rights reserved. For personal use only.

  • X is testing NSFW adult communities, according to screenshots

    Even though X seems to be working on this NSFW Communities feature, that doesn't mean it'll come to fruition. © 2024 TechCrunch. All rights reserved. For personal use only.

  • Buy now, pay later on a Porsche? Zaver now has $30M to make it a reality

    We last checked in on Zaver, a Swedish B2C buy-now-pay-later (BNPL) provider in Europe, when it raised a $5 million funding round in 2021. The company has now closed a $10 million extension to its Series A funding round, bringing its total Series A to $20 million. Total investment to date stands at $30 million. […] © 2024 TechCrunch. All rights reserved. For personal use only.

  • Sam Bankman-Fried gets 25 years in prison for fraud and money laundering at FTX, ordered to pay $11B in forfeiture

    Before sentencing, Bankman-Fried acknowledged in court that he made a "series of bad decisions," but argued they were not "selfish" ones. © 2024 TechCrunch. All rights reserved. For personal use only.

  • Meet Kidsy, a kids' clothing startup that sells what parents need at a discount

    All parents know that raising kids is expensive. Especially in those early years when they quickly outgrow clothes or toys, leaving parents on a never-ending cycle of buying new stuff when the old stuff is hardly worn or used. Enter Kidsy, a new Chicago-based e-commerce startup that aims to give consumers greater access to discounted […] © 2024 TechCrunch. All rights reserved. For personal use only.