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Category Archives: Tech
Casio says ‘no prospect of recovery yet’ after ransomware attack
The Japanese electronics giant says some of its systems remain “unusable” almost two weeks after cyberattack. © 2024 TechCrunch. All rights reserved. For personal use only.
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Cyera acquires Trail Security for $162M; Cyera is now raising at a $3B valuation
Cyera, the Israel-founded, U.S.-based cybersecurity unicorn that uses artificial intelligence to build what’s known as data security posture management — a full assessment and picture of where a customers’ data has been created, where it is stored, and how it … Continue reading
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Zepto eyes $100M from Indian offices in third funding in 6 months
Zepto is in advanced stages of talks to raise $100 million in new investment, its third in the last six months, as the leading Indian quick commerce startup looks to rope in more domestic investors, sources familiar with the talks … Continue reading
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TSMC third-quarter profit beats expectations as AI boom drives 54% hike
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.
A tough new EU cyber law is off to a messy start, with many countries failing to adopt the rules
New European Union rules requiring businesses to bolster their cyber defenses are already off to a messy start.
Social media faces big changes under new Ofcom rules
Ofcom warns social media companies could face fines if they don’t comply with the new Online Safety Bill
Accel eyes stake in India’s Truemeds at $330 million valuation
According to half a dozen sources, Accel, the global venture firm, is in advanced discussions to lead a funding round of $30 million to $40 million in Truemeds, an Indian online pharmacy that’s focused on providing customers with more affordable … Continue reading
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US ‘click to cancel’ rule to ban subscription traps
New rule requires businesses to make subscribing and cancelling subscriptions equally simple.
Meta’s AI chief says world models are key to ‘human-level AI’ — but it might be 10 years out
Are today’s AI models truly remembering, thinking, planning, and reasoning, just like a human brain would? Some AI labs would have you believe they are, but according to Meta’s chief AI scientist Yann LeCun, the answer is no. He thinks … Continue reading
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Meta lays off employees across multiple teams
Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. The layoffs appear to have hit employees working on Threads, recruiting, … Continue reading