timef 02/04/2025

On Tuesday morning, Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The operating income for the quarter reached a record €477 million ($509.48 million) and amounted to €1.4 billion ($1.495 billion) for the 2024 fiscal year. Spotify also reported an addition of 35 million monthly […] © 2024 TechCrunch. All rights reserved. For personal use only.

OpenAI gave me one week to test its new AI agent, Operator, a system that can independently do tasks for you on the internet. Operator is the closest thing I’ve seen to the tech industry’s vision of AI agents — systems that can automate the boring parts of life, freeing us up to do the […] © 2024 TechCrunch. All rights reserved. For personal use only.

An estimated 20% to 30% of all inventory in the U.S. is surplus, with much of it ending up in landfills. A startup called Sotira wants to help address this problem: It leverages AI to help companies offload and monetize their surplus inventory. Sotira partners with brands to offload millions of pounds of surplus grocery, […] © 2024 TechCrunch. All rights reserved. For personal use only.

After Elon Musk took over Twitter, the company blocked third-party clients in 2023, including ones like Twitterrific, Tweetbot, and Fenix. Iconfactory, the company behind Twitterrifc, on Tuesday is finally launching its multi-feed app called Tapestry on Tuesday, which allows you to add sources like RSS, YouTube, Bluesky, Podcasts, Mastodon, Reddit, Tumblr, Micro.blog, GO Comics, and […] © 2024 TechCrunch. All rights reserved. For personal use only.

Snap has unveiled an AI text-to-image model for mobile devices that will power some of Snapchat’s features in the coming months. The company said on Tuesday that the model can produce high-resolution images in around 1.4 seconds on an iPhone 16 Pro Max.  The new diffusion model runs entirely on the device, which reduces computational […] © 2024 TechCrunch. All rights reserved. For personal use only.

Video reigns supreme on social media like TikTok, Instagram, and YouTube. And now, video is becoming a bigger business for LinkedIn.  The Microsoft-owned social network for the working world has yet to go full TikTok. But with a big boost of usage — today it said that video uploads jumped by 36% compared to last […] © 2024 TechCrunch. All rights reserved. For personal use only.

There are plenty of pedometer and step counter apps in the world, but this new app has a fun twist. Walkstar, which launched Tuesday in the App Store, enhances your workout by syncing your tunes with your movement. The moment you pause, the music fades away, making it a perfect motivator for those looking to […] © 2024 TechCrunch. All rights reserved. For personal use only.

While the U.S. and Canada duke it out over tariffs between the two countries, a tech company based out of Toronto is announcing a major round of funding led by a homegrown VC. StackAdapt, a programmatic advertising startup, says that it has raised $235 million in equity funding, with Teachers’ Venture Growth (TVG) — the […] © 2024 TechCrunch. All rights reserved. For personal use only.

The fashion industry has concerned Emily Gittins since adolescence.  The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than 20% of all water waste.  Yet people still want more, fast.  “The way we consume […] © 2024 TechCrunch. All rights reserved. For personal use only.

A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and middle-income workers. The company provides solutions like salary advances, digital payments, and microloans to help […] © 2024 TechCrunch. All rights reserved. For personal use only.

U.S. food delivery giant Grubhub says hackers accessed the personal details of customers and drivers after breaching its internal systems.  Grubhub is a popular food-ordering and delivery platform with over 375,000 merchants and 200,000 delivery providers using its platform in more than 4,000 U.S. cities. New York-based Wonder Group acquired the company last fall in […] © 2024 TechCrunch. All rights reserved. For personal use only.

On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI’s American backyard, OpenAI is diving into expanding in Asia, with major commercial deals that will also help it train its AI on more Asian-language content and user behavior — a gateway to doing more business in these markets in the future […] © 2024 TechCrunch. All rights reserved. For personal use only.

Self-driving truck startup Waabi is partnering with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks, an important milestone as it gets closer to a commercial launch.  The tie up also marks Volvo’s second partnership to co-develop self-driving big rigs with a startup partner. In May 2024, Volvo teamed up with Aurora Innovation to […] © 2024 TechCrunch. All rights reserved. For personal use only.

Ola founder Bhavish Aggarwal is investing $230 million into an AI startup he founded as the country pushes to establish itself in a field dominated by U.S. and Chinese firms. Aggarwal is financing the investment in Krutrim largely through his family office, a source familiar with the matter told TechCrunch. In a post on X […] © 2024 TechCrunch. All rights reserved. For personal use only.

Norway-based browser maker Opera on Tuesday launched a new browser called “Opera Air,” which focuses on mental well-being and mindfulness with features like break reminders, breathing exercises, soundscapes, and binaural beats for better focus. The company said that people use browsers for a lot of their work online, and it wanted to ship a browser […] © 2024 TechCrunch. All rights reserved. For personal use only.

AI is changing how we shop online, making our experiences more personalized. Smart assistants recommend products, negotiate deals, and even handle customer service. Big retailers and smaller businesses are using AI to improve search, supply chains, and checkout.  If AI companies (and their investors) have their way, shopping will soon be focused on chatting with […] © 2024 TechCrunch. All rights reserved. For personal use only.

Tabular data is a broad term that encompasses structured data that generally fits into a specific row and column. It can be a SQL database, a spreadsheet, a .CSV file, etc. While there has been tremendous progress on artificial intelligence applied to unstructured and sequential data, these large language models are fuzzy by design. They […] © 2024 TechCrunch. All rights reserved. For personal use only.

China said Tuesday it has launched an antitrust investigation into Google, part of a swift retaliation after the U.S. President Donald Trump imposed a 10% tariff on Chinese goods. The probe by China’s State Administration for Market Regulation will examine alleged monopolistic practices by the U.S. tech giant, which has had its search and internet […] © 2024 TechCrunch. All rights reserved. For personal use only.

Presentations.ai has raised $3 million in a seed round led by Accel to scale its AI-powered software for generating presentations. © 2024 TechCrunch. All rights reserved. For personal use only.

Adam Candeub, a known critic of Big Tech, looks poised to join the Federal Communications Commission (FCC). Candeub will be general counsel of the FCC, reports Semafor, which cites direct confirmation from FCC chairman Brendan Carr. TechCrunch has reached out to the FCC for more information. Candeub has long been a vocal critic of Section […] © 2024 TechCrunch. All rights reserved. For personal use only.

On Monday, Doug Ford, the premier of Ontario, one of Canada’s most populous provinces, announced on X that the province’s government would be “ripping up” its $68 million ($100 million CAD) contract with Elon Musk’s Starlink satellite internet service. The news came soon after President Donald Trump announced a 25% tariff on nearly all Canadian […] © 2024 TechCrunch. All rights reserved. For personal use only.

Asya Bradley, a former fintech founder and investor, has joined payments giant Stripe as its new head of Startup & Venture Capital Partnerships. Bradley announced the news on February 2 in a post on LinkedIn, though her bio shows that she joined Stripe back in November. Neither Stripe nor Bradley were immediately available for comment.  […] © 2024 TechCrunch. All rights reserved. For personal use only.

It’s never been easier to create and publish art than it is now, and if you believe the companies building tech around AI, the production process is going to get even more efficient. That’s especially the case with video production, with companies of all sizes using large language models to build tools that let you […] © 2024 TechCrunch. All rights reserved. For personal use only.

DeepSeek's model is censored at both the application and training layers, a Wired investigation shows. © 2024 TechCrunch. All rights reserved. For personal use only.

Meta CEO Mark Zuckerberg has pledged to make artificial general intelligence (AGI) — which is roughly defined as AI that can accomplish any task a human can — openly available one day. But in a new policy document, Meta suggests that there are certain scenarios in which it may not release a highly capable AI […] © 2024 TechCrunch. All rights reserved. For personal use only.

DeepSeek, the Chinese AI company, is raising the ire of regulators around the world. DeepSeek’s viral AI models and chatbot apps have been banned by a growing number of countries and government bodies, which have expressed concerns over DeepSeek’s ethics, privacy, and security practices. Corporations have banned DeepSeek, too — by the hundreds. The biggest […] © 2024 TechCrunch. All rights reserved. For personal use only.

An Italian investigative journalist said he was the target of a spyware attack disclosed by WhatsApp. © 2024 TechCrunch. All rights reserved. For personal use only.

President Donald Trump signed an executive order on Monday to create a U.S. sovereign wealth fund and suggested that it could be used to purchase TikTok. The fund is expected to be created in the next 12 months by the U.S. Treasury and Commerce Departments, though it’s not immediately clear how. Trump has said previously […] © 2024 TechCrunch. All rights reserved. For personal use only.

Doug Ford, the premier of Ontario, one of Canada’s most populous provinces, announced on X that the province’s government would be “ripping up” its $100 million contract with Elon Musk’s Starlink satellite internet service. The news comes soon after President Donald Trump announced this weekend a 25% tariff on nearly all Canadian imported goods, causing […] © 2024 TechCrunch. All rights reserved. For personal use only.

Doug Ford, the premier of Ontario, one of Canada’s most populous provinces, announced on X that the province’s government would be “ripping up” its $68 million ($100 million CAD) contract with Elon Musk’s Starlink satellite internet service. The news comes soon after President Donald Trump announced this weekend a 25% tariff on nearly all Canadian […] © 2024 TechCrunch. All rights reserved. For personal use only.

A native pornography app for iOS is coming to the EU via the approved alternative app store AltStore PAL, made possible by Europe’s Digital Markets Act (DMA). On Monday, the AltStore announced the launch of Hot Tub, an aggregator that offers iOS users a way to search and play videos from a variety of adult […] © 2024 TechCrunch. All rights reserved. For personal use only.

Missed the 2-for-1 deal for TechCrunch Disrupt 2025? No problem! Super Early Bird prices are still available, with savings of up to $1,130 on individual tickets and up to 30% on group passes. These savings are only good until the end of this month. Celebrate 20 years of TechCrunch Disrupt from October 27-29 at Moscone […] © 2024 TechCrunch. All rights reserved. For personal use only.

The Beatles’ AI-assisted track “Now and Then” won the Grammy for Best Rock Performance on Sunday night, marking the first time that a song of its kind has taken home the award. No, Paul McCartney did not use AI to create some creepy LennonGPT bot. Instead, he used noise reduction systems to clean up a […] © 2024 TechCrunch. All rights reserved. For personal use only.

Is the grass greener on the other side? We’re not sure, but the sky is most certainly bluer. It’s been two years since Elon Musk purchased Twitter, now X, leading people to set up shop on alternative platforms. Mastodon, Post, Pebble (two of which have already shuttered operations) and Spill have been presented as potential […] © 2024 TechCrunch. All rights reserved. For personal use only.