[[{“value”:” Flipping houses is not for the faint of heart, no matter how fun or easy HGTV might make it seem. One startup wants to make the process less complicated by offering a different way to borrow money to fund such a purchase. Founded in late 2020, Backflip offers a service to real estate investors for […] © 2024 TechCrunch….
Musk’s xAI shows there’s more money on the sidelines for AI startups
[[{“value”:” We’re off to an AI-heavy start to the week. OpenAI has a new deal with the Financial Times that caught our eye. Sure, it’s another content licensing deal, but there appears to be a bit more in the tie-up than just content flowing one way and money the other. We also dug into the xAI […] © 2024 TechCrunch….
Twitter co-founder Biz Stone joins board of Mastodon’s new US nonprofit
[[{“value”:” Biz Stone, a Twitter co-founder, is among those who have joined the board of directors of Mastodon’s new U.S. nonprofit, Mastodon CEO Eugen Rochko announced over the weekend. Mastodon’s service, an open source, decentralized social network and rival to Elon Musk’s X, has gained increased attention following the Twitter acquisition as users sought alternatives to […] © 2024 TechCrunch….
Getir pulls out of US, UK, Europe to focus on Turkey — 6,000+ jobs impacted
[[{“value”:” True to its business concept, Turkey’s “instant delivery” juggernaut Getir rose quickly. Now, with the quick commerce industry in free fall, it is nosediving just as fast. On Monday, the company — once valued close to $12 billion — announced it would shut down its operations the U.S., the U.K. and Europe to focus solely […] © 2024 TechCrunch….
Indian ride-hailing giant Ola cuts 180 jobs in profitability push
[[{“value”:” India’s Ola has let go its chief executive, Hemant Bakshi, just four months after appointing him to the post, and is cutting about 180 jobs. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Ford’s BlueCruise hands-free system under investigation after fatal crashes
[[{“value”:” Federal safety regulators have opened an investigation into Ford’s hands-free driver-assistance system, BlueCruise, after it was found to be active during two recent crashes that killed multiple people. The National Highway Traffic Safety Administration’s Office of Defects Investigation (ODI) said on Monday that it has confirmed BlueCruise was active in both crashes. One of the crashes […] © 2024 TechCrunch….
Apple’s iPadOS will have to comply with EU’s Digital Markets Act too
[[{“value”:” The European Commission said it will apply its flagship market fairness and contestability rules to Apple’s iPadOS. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
OpenAI inks strategic tie-up with UK’s Financial Times, including content use
[[{“value”:” OpenAI, maker of the viral AI chatbot ChatGPT, has netted another news licensing deal in Europe, adding London’s Financial Times to a growing list of publishers it’s paying for content access. As with OpenAI’s earlier publisher licensing deals, financial terms of the arrangement are not being made public. The latest deal looks a touch cozier […] © 2024 TechCrunch….
Ethiopian plastic upcycling startup Kubik gets fresh funding, plans to license out its tech
[[{“value”:” Kubik, a plastic upcycling startup, has raised a $1.9 million seed extension, months after announcing initial equity investment. The startup’s latest investment is from African Renaissance Partners, an East African venture capital firm; Endgame Capital, an investor with a bias for technologies around climate change; and King Philanthropies, a climate and extreme poverty investor. The […] © 2024 TechCrunch….
ChatGPT’s ‘hallucination’ problem hit with another privacy complaint in EU
[[{“value”:” OpenAI is facing another privacy complaint in the European Union. This one, which has been filed by privacy rights nonprofit noyb on behalf of an individual complainant, targets the inability of its AI chatbot ChatGPT to correct misinformation it generates about individuals. The tendency of GenAI tools to produce information that’s plain wrong has been […] © 2024 TechCrunch….