[[{“value”:” Threat intelligence firm Recorded Future said it had observed Salt Typhoon breaching 5 telcos between December 2024 and January 2025. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Elon Musk will withdraw bid for OpenAI’s nonprofit if its board agrees to terms
[[{“value”:” In a court filing on Wednesday, a lawyer for Elon Musk said the billionaire will withdraw his $97.4 billion bid for OpenAI’s nonprofit if the ChatGPT maker’s board of directors “preserve the charity’s mission” and halt its conversion to a for-profit corporation. The filing, submitted to the U.S. District Court for the Northern District of […] © 2024 TechCrunch….
Coinbase eyes re-entry to India
[[{“value”:” Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two sources familiar with the matter […] © 2024 TechCrunch….
Getaround abruptly shuts down US car-sharing operations
[[{“value”:” Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is shutting down its U.S. operations one year after cutting 30% of its North American workforce as part of a restructuring. Its HyreCar business, which it acquired in 2023 for $9.45 million, is also closing. The company said […] © 2024 TechCrunch….
US pharma giant Merck backs healthcare marketplace HD in Southeast Asia
[[{“value”:” Big Tech and pharmaceutical companies are accelerating the implementation of artificial intelligence in the healthcare industry. Just last month, AWS and General Catalyst announced their partnership to speed up the development and deployment of healthcare AI tools. GE Healthcare teamed up with AWS to build generative AI for medical use in 2024. Now, a […] © 2024 TechCrunch….
Ulu Ventures sticks to its diversity strategy, raises $208M
[[{“value”:” While large corporations like Google and Meta curbing their DEI programs, Ulu Ventures, which just raised a fourth $208 million fund, doesn’t plan to change its strategy of investing in diverse founders, the firm told the Wall Street Journal. Co-founded by Miriam Riviera, a Latina and former vice president and deputy general counsel at Google, […] © 2024 TechCrunch….
Elon Musk’s X will pay Trump $10M to settle lawsuit over 2021 ban
[[{“value”:” Elon Musk’s X has agreed to pay President Donald Trump $10 million to settle a lawsuit from the days when the company was still called Twitter and owned by Jack Dorsey, the Wall Street Journal reported citing unnamed sources. The lawsuit took issue with Twitter’s decision to ban Trump after January 6, when Trump’s supporters […] © 2024 TechCrunch….
Founded by DeepMind alumnus, Latent Labs launches with $50M to make biology programmable
[[{“value”:” A new startup founded by a former Google DeepMind scientist is exiting stealth with $50 million in funding. Latent Labs is building AI foundation models to “make biology programmable,” and it plans to partner with biotech and pharmaceutical companies to generate and optimize proteins. It’s impossible to understand what DeepMind and its ilk are doing […] © 2024 TechCrunch….
Reddit hints at expanded AI-powered search
[[{“value”:” Reddit CEO Steve Huffman said that, over this year, Reddit plans to launch an upgraded search experience that’ll help users navigate the social network but also answer “subjective, hard, [and] interesting questions.” The company plans to achieve this by integrating Reddit Answers, its feature that allows visitors to ask questions and receive curated summaries of […] © 2024 TechCrunch….
VC industry reacts to Trump nominating a16z’s Brian Quintez for regulatory role
[[{“value”:” Brian Quintenz, who leads policy for Andreessen Horowitz’s crypto team, announced on Wednesday that he’s being tapped to head the Commodity Futures Trading Commission (CFTC), according to his X post. And many in the VC industry appear to be thrilled about it. The CFTC regulates the trading of commodity futures, options, and swaps, otherwise known […] © 2024 TechCrunch….