Tag Archives: TechCrunch

Elon Musk’s X taken to court in Ireland for grabbing EU user data to train Grok without consent

Elon Musk’s X is being taken to court in Ireland for using Europeans’ data to train AI models without asking for their consent. © 2024 TechCrunch. All rights reserved. For personal use only.

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Automattic launches AI writing tool that aims to make WordPress blogs more readable and succinct

Automattic, the owner of WordPress.com, has launched a new AI tool designed to help bloggers write more clearly and succinctly. © 2024 TechCrunch. All rights reserved. For personal use only.

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EQT takes a majority stake in cybersecurity firm Acronis at $3.5B+ valuation

Cybersecurity remains a white-hot space for investors. In the latest example of that demand, EQT has bought a majority stake in Acronis, a security company that specializes in data protection, cloud and integrated security solutions for managed service providers (which … Continue reading

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UK data watchdog to fine NHS vendor Advanced for security failures prior to LockBit ransomware attack

The ICO issued the provisional fine in “failing to implement appropriate security measures prior to the attack.” © 2024 TechCrunch. All rights reserved. For personal use only.

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Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth  

African e-commerce company Jumia is selling 20 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction is to take advantage of strong results despite a volatile market.  Given Jumia’s share price of around … Continue reading

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Airbnb details plans to expand beyond short-term rentals, including co-hosting and relaunching ‘experiences’

Airbnb CEO Brian Chesky suggested on Tuesday’s Q2 earnings call with investors that the company will soon expand into new products and services, including co-hosting, a relaunch of Airbnb’s “experiences,” guest services, and more. The company positioned the upcoming offerings … Continue reading

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Reddit to test AI-powered search result pages

Reddit users will soon see AI-generated summaries at the top of search results.  Reddit CFO Drew Vollero told investors during its earnings call on Tuesday that the company plans to test AI-powered search result pages to “summarize and recommend content.” … Continue reading

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Rivian lost $1.46 billion in Q2 as it drives towards a VW-linked future

Rivian’s financial losses have crept up as it pushed out the last of its first-generation R1 trucks and SUVs in favor of newer, more cost efficient versions — a sign of just how much the company could use the $5 … Continue reading

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Google Assistant lives to automate another day

With new Pixel devices just over the horizon, Assistant’s days on Android may still be numbered. For the time being, however, it still has a place on the home. © 2024 TechCrunch. All rights reserved. For personal use only.

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Amazon upgrades its AI image generator

Amazon has released an upgraded version of its in-house image-generating model, Titan Image Generator, for AWS customers using its Bedrock generative AI platform. Simply called Titan Image Generator v2, the new model brings with it several new capabilities, AWS principal … Continue reading

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