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Investors chase wealthtech startups in India as affluent class grows

Investors chase wealthtech startups in India as affluent class growstcrn.ch Investors are betting on Indian wealthtech startups as a growing middle class turns to diversify investments and startups challenge traditional financial advisors for high-net-worth clients. Premji Invest is in advanced stages of talks to lead a funding…

Seed VCs are turning to new ‘pro rata’ funds that help them compete with the big firms

Seed VCs are turning to new ‘pro rata’ funds that help them compete with the big firmstcrn.ch Three companies with new funds deploy capital to support seed and Series A VCs looking to exercise their pro rata rights. © 2024 TechCrunch. All rights reserved. For personal use only.

YouTube and LinkedIn have games now, and here’s how you can play them

YouTube and LinkedIn have games now, and here’s how you can play themtcrn.ch Here are the latest companies venturing into the gaming scene and details about each offering, including pricing, examples of titles and supported devices. © 2024 TechCrunch. All rights reserved. For personal use only.

CIOs’ concerns over generative AI echo those of the early days of cloud computing

CIOs’ concerns over generative AI echo those of the early days of cloud computingtcrn.ch CIOs trying to govern generative AI have the same concerns they had about cloud computing 15 years ago, but they've learned some things along the way. © 2024 TechCrunch. All rights reserved. For personal use only.

Epic Games CEO promises to ‘fight’ Apple over ‘absurd’ changes

Epic Games CEO promises to ‘fight’ Apple over ‘absurd’ changestcrn.ch It sounds like the latest dispute between Apple and Fortnite-maker Epic Games isn’t over. Epic has been fighting Apple for years over the company’s revenue-sharing requirements in the App Store. While Epic’s antitrust lawsuit against Apple was defeated…

What happens if you shoot down a delivery drone?

What happens if you shoot down a delivery drone?tcrn.ch As deep-pocketed companies like Amazon, Google and Walmart invest in and experiment with drone delivery, a phenomenon reflective of this modern era has emerged. Drones, carrying snacks and other sundries, are being shot out of the sky. Incidents are…

Waymo robotaxi pulled over by Phoenix police after driving into the wrong lane

Waymo robotaxi pulled over by Phoenix police after driving into the wrong lanetcrn.ch A police officer pulled over a self-driving Waymo vehicle in Phoenix after it ran a red light and pulled into a lane of oncoming traffic, according to dispatch records. The incident took place on June 19, but local media including Arizona Republic…

Figma pauses its new AI feature after Apple controversy

Figma pauses its new AI feature after Apple controversytcrn.ch Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. This week, Figma CEO Dylan Field said the company will temporarily disable its “Make Design” AI…

How to set up parental controls on Facebook, Snapchat, TikTok and more popular sites

How to set up parental controls on Facebook, Snapchat, TikTok and more popular sitestcrn.ch We’ve created this guide to help parents navigate the controls offered by popular social media companies. © 2024 TechCrunch. All rights reserved. For personal use only.

You could learn a lot from a CIO with a $17B IT budget

You could learn a lot from a CIO with a $17B IT budgettcrn.ch Lori Beer's work is a case study for every CIO out there, most of whom will never come close to JP Morgan Chase’s scale, but who can still learn from how it goes about its business. © 2024 TechCrunch. All rights reserved. For personal use only.

Tesla makes it onto Chinese government purchase list

Tesla makes it onto Chinese government purchase listtcrn.ch For the first time, Chinese government workers will be able to purchase Tesla’s Model Y for official use. Specifically, officials in eastern China’s Jiangsu province included the Model Y in a government procurement list, which was also reported in the…

Tokens are a big reason today’s generative AI falls short

Tokens are a big reason today’s generative AI falls shorttcrn.ch Generative AI models don’t process text the same way humans do. Understanding their “token”-based internal environments may help explain some of their strange behaviors — and stubborn limitations. Most models, from small on-device ones like Gemma to…

OpenAI breach is a reminder that AI companies are treasure troves for hackers

OpenAI breach is a reminder that AI companies are treasure troves for hackerstcrn.ch There’s no need to worry that your secret ChatGPT conversations were obtained in a recently reported breach of OpenAI’s systems. The hack itself, while troubling, appears to have been superficial — but it’s reminder that AI companies have in short order…

Space for newcomers, biotech going mainstream, and more

Space for newcomers, biotech going mainstream, and moretcrn.ch Welcome to Startups Weekly — TechCrunch’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Most interesting startup stories from the week Even seemingly crowded categories can see…

X plans to more deeply integrate Grok’s AI, app researcher finds

X plans to more deeply integrate Grok’s AI, app researcher findstcrn.ch Elon Musk’s X is exploring more ways to integrate xAI’s Grok into the social networking app. According to a series of recent discoveries, X is developing new features like the ability to ask Grok about X accounts, use Grok by highlighting text in the app,…

Meet Brex, Google Cloud, Aerospace and more at Disrupt 2024

Meet Brex, Google Cloud, Aerospace and more at Disrupt 2024tcrn.ch We’re about four months away from TechCrunch Disrupt 2024, taking place October 28 to 30 in San Francisco! We could not bring you this world-class event without our world-class partners — some of the startup ecosystem’s leading tech companies. Why? They…

Epic Games calls out Apple for rejecting its Games Store in the EU

Epic Games calls out Apple for rejecting its Games Store in the EUtcrn.ch Fortnite maker Epic Games has hit a stumbling block in its plans to bring the company’s alternative app store, the Epic Games Store, to the EU. As now permitted by the EU’s Digital Markets Act (DMA), Epic Games announced earlier this year it planned to…

Amazon faces more EU scrutiny over recommender algorithms and ads transparency

Amazon faces more EU scrutiny over recommender algorithms and ads transparencytcrn.ch In its latest step targeting a major marketplace, the European Commission sent Amazon another request for information (RFI) Friday in relation to its compliance under the bloc’s rulebook for digital services. The development highlights areas where EU…

Quantum Rise grabs $15M seed for its AI-driven ‘Consulting 2.0’ startup

Quantum Rise grabs $15M seed for its AI-driven ‘Consulting 2.0’ startuptcrn.ch Quantum Rise, a Chicago-based startup which does AI-driven automation for companies like dunnhumby (a retail analytics platform for the the grocery industry), has raised a $15 million seed round from Erie Street Growth Partners. Its approach is somewhat…

YouTube’s updated eraser tool removes copyrighted music without impacting other audio

YouTube’s updated eraser tool removes copyrighted music without impacting other audiotcrn.ch On July 4, YouTube released an updated eraser tool for creators so they can easily remove any copyrighted music from their videos without affecting any other audio such as dialogues or sound effects. YouTube chief Neal Mohan posted about the tool on X and…

India’s Airtel dismisses data breach reports amid customer concerns

India’s Airtel dismisses data breach reports amid customer concernstcrn.ch Airtel, India’s second-largest telecom operator, on Friday denied any breach of its systems following reports of an alleged security lapse that has caused concern among its customers. The telecom group, which also sells productivity and security solutions…

Spain’s exposure to climate change helps Madrid-based VC, Seaya, close €300M climate-tech fund

Spain’s exposure to climate change helps Madrid-based VC, Seaya, close €300M climate-tech fundtcrn.ch According to a recent Dealroom report on the Spanish tech ecosystem, the combined enterprise value of Spanish startups surpassed €100 billion in 2023. In the latest confirmation of this upward trend, Madrid-based VC fund Seaya has closed Seaya Andromeda,…

Forestay, Europe’s newest $220M growth-stage VC fund, will focus on AI

Forestay, Europe’s newest $220M growth-stage VC fund, will focus on AItcrn.ch Forestay, an emerging VC based out of Geneva, Switzerland has been busy. This week it closed its second fund, Forestay Capital II, at a hard cap of $220 million. The VC wasn’t well known in Europe until it started to lead rounds in enterprise startups a…

A year later, what Threads could learn from other social networks

A year later, what Threads could learn from other social networkstcrn.ch Threads, Meta’s alternative to Twitter, just celebrated its first birthday. After launching on July 5 last year, the social network has reached 175 million monthly active users — that’s a notable achievement. But, after a year, Threads is trying to find…

J2 Ventures, focused on military healthcare, grabs $150M for its second fund

J2 Ventures, focused on military healthcare, grabs $150M for its second fundtcrn.ch J2 Ventures, a firm led mostly by the U.S. military veterans, announced on Thursday that it has raised a $150 million second fund. The Boston-based firm invests in startups whose products are purchased by civilians and the U.S. Department of Defense.…

HealthEquity says data breach is an ‘isolated incident’

HealthEquity says data breach is an ‘isolated incident’tcrn.ch HealthEquity said in an 8-K filing with the SEC that it detected “anomalous behavior by a personal use device belonging to a business partner.” © 2024 TechCrunch. All rights reserved. For personal use only.

Roll20, an online tabletop role-playing game platform, discloses data breach

Roll20, an online tabletop role-playing game platform, discloses data breachtcrn.ch Roll20 said that on June 29 it had detected that a “bad actor” gained access to an account on the company’s administrative website for one hour. © 2024 TechCrunch. All rights reserved. For personal use only.

Fizz, the anonymous Gen Z social app, adds a marketplace for college students

Fizz, the anonymous Gen Z social app, adds a marketplace for college studentstcrn.ch Teddy Solomon just moved to a new house in Palo Alto, so he turned to the Stanford community on Fizz to furnish his room. “Every time I show up to buy something from somebody, I grill them about the marketplace, because I’m really curious about their…

Deep tech VC Sidney Scott explains why he’s closing his firm as this area booms

Deep tech VC Sidney Scott explains why he’s closing his firm as this area boomstcrn.ch With increasing competition for what is, essentially, still a small number of hard tech and deep tech deals, Sidney Scott realized it would be a challenge for smaller funds like his. © 2024 TechCrunch. All rights reserved. For personal use only.

How to turn off those silly video calls reactions on iPhone and Mac

How to turn off those silly video calls reactions on iPhone and Mactcrn.ch A guide to turn off reactions on your iPhone and Mac so you don't get surprised by effects during work video calls. © 2024 TechCrunch. All rights reserved. For personal use only.