Category: Uncategorized
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Juniper Ventures spins out of Climate Capital to invest in synthetic biology for the climate
The first Juniper fund is $10.6 million and is oversubscribed. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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A popular technique to make AI more efficient has drawbacks
One of the most widely used techniques to make AI models more efficient, quantization, has limits — and the industry could be fast approaching them. In the context of AI, quantization refers to lowering the number of bits — the smallest units a computer can process — needed to represent information. Consider this analogy: When… Read more
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Yoast CEO calls for a ‘federated’ approach to WordPress repository
Days after web hosting provider WP Engine won a preliminary injunction against WordPress co-creator Matt Mullenweg and rival hosting provider Automattic, Mullenweg announced that WordPress.org is taking a holiday break. WordPress.com — a site that provides access to WordPress plug-ins, themes, and other artifacts to the community — will take a break from providing free… Read more
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Electric aircraft startup Lilium ceases operations, 1,000 workers laid off
The company’s co-founder confirmed the shutdown in a LinkedIn post. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Honda and Nissan plan major merger focused on ‘intelligence and electrification’
Japanese car giants Honda and Nissan are working out the details of a major merger that could create the world’s third-largest automaker, as the companies look to survive in an industry faced with uncertainty. The Tesla-led shift towards electric vehicles, and China’s increased importance in the automotive market, have companies like Honda and Nissan feeling… Read more
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The TechCrunch Cyber Glossary
This glossary includes the most common terms and expressions TechCrunch uses in our security reporting, and explanations of how — and why — we use them. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Prosus buys Despegar for $1.7B, taking a bite out of Latin America’s travel sector
Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the Covid-19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America, to scale up its operations in the region. Despegar’s board of directors… Read more
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Pavel Durov says Telegram is now profitable
Telegram founder Pavel Durov said Monday that the company is now profitable. Durov said the chat app’s total revenue surpassed $1 billion in 2024. The company, which launched its premium subscription service in 2022, now has 12 million paid users. Durov also said that the app is finishing the year with more than $500 million… Read more
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WhatsApp scores historic victory against NSO Group in long-running spyware hacking case
A US judge ruled that the Israeli spyware maker breached hacking laws by using WhatsApp to infect devices with Pegasus © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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xAI is testing a standalone iOS app for its Grok chatbot
Elon Musk’s AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only to X users until now. © 2024 TechCrunch. All rights reserved. For personal use only. Read more