Category Archives: Tech

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Telegram CEO charged with allowing criminal activity by French prosecutors

French prosecutors on Tuesday charged Telegram CEO Pavel Durov with enabling criminal activity on the messaging platform.

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OpenAI reportedly in talks to close a new funding round at $100B+ valuation

Whatever size the tranche ends up being it’ll be OpenAI’s biggest outside infusion of capital since January 2023. © 2024 TechCrunch. All rights reserved. For personal use only.

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Reddit back online after a software update took it down

Reddit’s mobile and web applications went down on Wednesday afternoon, with more than 150,000 users reporting outages on Downdetector as of 1:30 p.m. in San Francisco. When trying to access Reddit’s homepage, users were met with the message, “Server error. … Continue reading

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CrowdStrike beats quarterly consensus but lowers full-year guidance

CrowdStrike expects less revenue for the full fiscal year following a broad-based outage on July 19 stemming from a buggy software update.

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Nvidia announces $50 billion stock buyback

Nvidia said Wednesday that its board of directors has approved a $50 billion stock buyback.

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Salesforce beats earnings estimates, CFO Amy Weaver to step down

Salesforce reported robust fiscal second-quarter results that beat estimates and raised its full-year profit outlook.

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Telegram CEO Pavel Durov Charged With Wide Range of Crimes in France

Pavel Durov, who was arrested near Paris over the weekend as part of a broad investigation into criminal activity on the platform, was also barred from leaving the country.

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It’s not just you: Reddit is down

Reddit’s mobile and web applications went down on Wednesday afternoon, with more than 150,000 users reporting outages on DownDetector as of 1:30 PM in San Francisco. When trying to access Reddit’s homepage, users were met with a message reading, “Server … Continue reading

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OpenAI’s Converge 2 program has been shrouded in mystery

For months, a tech forum ran wild asking if the Converge 2 accelerator program actually happened. We finally found out. © 2024 TechCrunch. All rights reserved. For personal use only.

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OpenAI in talks to raise funding that would value it at more than $100 billion

OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned.

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