timef 02/20/2025

Twitch on Wednesday announced it will begin limiting streamers to 100 hours of highlights and uploads, and will delete content if a channel exceeds the limit. The company said it’s introducing the change because highlights haven’t been effective in driving discovery or engagement, and because storage is costly. The storage cap goes into effect on […] © 2024 TechCrunch. All rights reserved. For personal use only.

OpenAI is increasingly looking like a consumer company, telling CNBC that it now has 400 million weekly active users. Usage is still growing at a rapid pace as the AI developer behind the AI chatbot, ChatGPT, “only” had 300 million users in December 2024. Though OpenAI has not revealed the number of paid customers with […] © 2024 TechCrunch. All rights reserved. For personal use only.

The prolific Medusa ransomware group claims to have stolen troves of data from HCRG, including patients’ sensitive health data © 2024 TechCrunch. All rights reserved. For personal use only.

Three founders who built out one of the bigger startups in risk management are scaling a new company to take on another pain point in the world of work. SmartSuite‘s platform lets teams collaborate on projects, build automations around that work, and search and access work across larger libraries of data spanning a disparate number […] © 2024 TechCrunch. All rights reserved. For personal use only.

Mercor, the AI recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B round, the company confirmed to TechCrunch. Menlo Park-based Felicis led the round, valuing Mercor at $2 billion—eight times its previous valuation, the Wall Street Journal previously reported. Existing investors Benchmark, General Catalyst, and DST Global also […] © 2024 TechCrunch. All rights reserved. For personal use only.

Amazon will discontinue its app store for Android on August 20 this year. The company sent a notice to developers indicating that they will no longer be able to submit new apps to the store. The company said on a support page that it will also discontinue its Coins digital currency, which could be used […] © 2024 TechCrunch. All rights reserved. For personal use only.

Companies developing small modular nuclear reactors (SMRs) have raised more than $1.5 billion in the past year, as tech companies hunger for power to train AI models and governments decide to commit to the industry. For example, X-energy raised $700 million this month, and Paris-based Newcleo raised $151 million last year, and one would be […] © 2024 TechCrunch. All rights reserved. For personal use only.

As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based but Africa-focused Mansa, whose offering allows payments companies to settle transactions and fund customer accounts instantly. The startup has raised […] © 2024 TechCrunch. All rights reserved. For personal use only.

Recalls in the food and beverage industry due to contamination incidents can have catastrophic effects. Not only do companies have to pay fines and damages, but the impacts on the brand’s reputation can be long-lasting. That’s why Spore.Bio, a Paris-based deeptech startup, is trying to reinvent microbiology testing to avoid the next PR crisis in […] © 2024 TechCrunch. All rights reserved. For personal use only.

Codeium, an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources with knowledge of the deal.  The round is being led by a returning investor Kleiner Perkins, the people said. The new round comes just six months after Silicon Valley-based Codeium announced […] © 2024 TechCrunch. All rights reserved. For personal use only.

Patreon has continued on its crusade against algorithmic feeds with its latest State of Create report, a look at trends in the creator economy based on internal data, and it’s an effort creators can get behind. In its survey of 1000 creators and 2000 fans, the membership platform reported that 53% of creators think it […] © 2024 TechCrunch. All rights reserved. For personal use only.

Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced. © 2024 TechCrunch. All rights reserved. For personal use only.

Recommendation algorithms operated by social media giants TikTok and X have shown evidence of substantial Far Right political bias in Germany ahead of a federal election that takes place Sunday, according to new research carried out by Global Witness. The non-government organization (NGO) undertook an analysis of social media content displayed to new users via […] © 2024 TechCrunch. All rights reserved. For personal use only.

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a new SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook.  […] © 2024 TechCrunch. All rights reserved. For personal use only.

Uber has introduced daily fees for auto rickshaw drivers in India to move away from its typical commission-based model. © 2024 TechCrunch. All rights reserved. For personal use only.

Swizzle Ventures has closed its Fund I at $6.6 million, bypassing its initial $3 million target, Jessica Kamada, the firm’s founder, told TechCrunch.  Back in December, TechCrunch previously reported that the firm, which quietly launched in 2023, was raising and has already bypassed $5 million, per its SEC filing. The thesis of Fund I will […] © 2024 TechCrunch. All rights reserved. For personal use only.

Mark Zuckerberg’s charity has eliminated its DEI programs and efforts just weeks after assuring staff it would continue supporting DEI efforts, the Guardian reports.  The Chan-Zuckerberg Initiative (CZI), co-founded by Zuckerberg and his wife Priscilla Chan, will end internal DEI programs and no longer provide “social advocacy funding,” which provided grants for racial equity and […] © 2024 TechCrunch. All rights reserved. For personal use only.

The little-known surveillance vendor filed for bankruptcy in January, after years of peddling spyware to countries like Colombia. © 2024 TechCrunch. All rights reserved. For personal use only.

For decades, couples going through in vitro fertilization have had to spend tens of thousands of dollars on the procedures with no guarantee of success. It’s not only an emotionally draining process, but a financially exhausting one as well. San Francisco-based startup Future Family wants to help ease some of that burden for couples with […] © 2024 TechCrunch. All rights reserved. For personal use only.

Investors on the lookout for startups working at the frontiers of technology are casting their nets ever further into unchartered territory, sometimes literally as well as figuratively. In one of the latest examples, a startup called Karman+ with ambitions to build autonomous spacecraft that can travel to asteroids and then mine them for materials has […] © 2024 TechCrunch. All rights reserved. For personal use only.

Welcome to TechCrunch’s regular AI newsletter! We’re going on hiatus for a bit, but you can find all our AI coverage, including my columns, our daily analysis, and breaking news stories, at TechCrunch. If you want those stories and much more in your inbox every day, sign up for our daily newsletters here. This week, billionaire […] © 2024 TechCrunch. All rights reserved. For personal use only.

Google is launching a new experiment that uses AI to help people explore more career possibilities. The company announced on Wednesday that a new “Career Dreamer” tool can find patterns between your experiences, educational background, skills, and interests to connect you with careers that might be a good fit. With Career Dreamer, you can use […] © 2024 TechCrunch. All rights reserved. For personal use only.

Google is pulling its AI assistant Gemini from the main Google app for iOS devices. The move is meant to encourage users to download the standalone Gemini app instead, which would allow Google to more directly compete with other consumer-facing AI chatbots like ChatGPT, Claude, or Perplexity. However, the change could also risk reducing Gemini’s […] © 2024 TechCrunch. All rights reserved. For personal use only.

ElectronX has raised $10 million to build an exchange for electricity derivatives trading. © 2024 TechCrunch. All rights reserved. For personal use only.

The demand for voice and speech recognition technologies is massive — and growing. An analysis by market research firm Markets and Markets found that the sector could be worth over $28.1 billion by 2027. There’s no shortage of vendors providing voice and speech recognition solutions, but some newer upstarts have managed to carve out niches. […] © 2024 TechCrunch. All rights reserved. For personal use only.

Google on Wednesday is rolling out a new update that lets users search what’s on their screen via a simple gesture when browsing within the Google Chrome or Google Search app on iOS. The feature is similar to Android’s built-in “Circle to Search” feature which also lets users search what’s on their screen using a […] © 2024 TechCrunch. All rights reserved. For personal use only.

A couple of weeks after the initial release of Mistral’s AI assistant, Le Chat, the company told Le Parisien that it has reached one million downloads. In particular, Le Chat quickly reached the top spot for free downloads on the iOS App Store in the company’s home country, France. “Go and download Le Chat, which […] © 2024 TechCrunch. All rights reserved. For personal use only.

As anticipated, Apple revealed the long-awaited iPhone SE refresh Tuesday. The fourth generation device arrives three years after the last major update to the budget-minded smartphone. This one arrives with a twist, however. The SE branding has been dropped to keep the device more inline with the company’s flagships. The new iPhone 6e starts at […] © 2024 TechCrunch. All rights reserved. For personal use only.

Instagram is upgrading its direct messages, also known as DMs, with a handful of new features that make its messaging system more competitive with alternatives, like Apple’s iMessage and other third-party apps. On Wednesday, Instagram users globally will gain access to tools to translate messages across 99 languages, tools to schedule and pin messages to […] © 2024 TechCrunch. All rights reserved. For personal use only.

Cameron John Wagenius pleaded guilty to hacking AT&T and Verizon and stealing a massive trove of phone records from the companies, according to court records filed on Wednesday. Wagenius, who was a U.S. Army soldier, pleaded guilty to two counts of “unlawful transfer of confidential phone records information” on an online forum and via an […] © 2024 TechCrunch. All rights reserved. For personal use only.