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How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit
At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following the sale of some shares in the business banking platform Moniepoint. The African fintech unicorn has so far proven to be a standout investment for five-year-old Oui Capital. When it launched its…
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Bluesky launches a custom feed for vertical videos
It is the product shipping time for all social networks with TikTok’s services in the restoration phase, and the app still unavailable in the App Store and the Play Store. Bluesky said Sunday that it is launching a custom feed for vertical video in its app. Users can see a trending videos section in the explore tab…
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AI benchmarking organization criticized for waiting to disclose funding from OpenAI
An organization developing math benchmarks for AI didn’t disclose that it had received funding from OpenAI until relatively recently, drawing allegations of impropriety from some in the AI community. Epoch AI, a nonprofit primarily funded by Open Philanthropy, a research and grantmaking foundation, revealed on December 20 that OpenAI had supported the creation of FrontierMath.…
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The Pentagon says AI is speeding up its ‘kill chain’
Leading AI developers, such as OpenAI and Anthropic, are threading a delicate needle to sell software to the United States military: make the Pentagon more efficient, without letting their AI kill people. Today, their tools are not being used as weapons, but AI is giving the Department of Defense a “significant advantage” in identifying, tracking,…
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Meta announces a new CapCut rival called Edits
Meta today announced a new video editing app called Edits, after ByteDance’s video editing app CapCut was removed from Apple’s App Store and the Google Play Store as part of the TikTok ban. Instagram head Adam Mosseri (pictured above) said on Threads that the app will launch next month on iOS, with an Android version…
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TikTok is restoring service in the US
Barely more than 12 hours after TikTok went dark in the United States, the video-sharing app is coming back online. “In agreement with our service providers, TikTok is in the process of restoring service,” the company said in a statement. “We thank President Trump for providing the necessary clarity and assurance to our service providers…
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Trump says he will delay TikTok ban, suggests a joint venture with US ownership
TikTok went dark for users in the US on Saturday night, but it may not be gone for long. President-elect Donald Trump posted on Truth Social Sunday morning that he will issue an executive order Monday that will “extend the period of time before the law’s prohibitions take effect, so that we can make a…
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Employees of failed startups are at special risk of stolen personal data through old Google logins
As if losing your job when the startup you work for collapses isn’t bad enough, now a security researcher has found that employees at failed startups are at particular risk of having their data stolen. This ranges from their private Slack messages to Social Security numbers and, potentially, bank accounts. The researcher who discovered the…
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AI isn’t very good at history, new paper finds
Top LLMs performed poorly on a high-level history test, a new paper has found. © 2024 TechCrunch. All rights reserved. For personal use only.
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Apple lists all apps it removed alongside TikTok in the U.S.
Amid the TikTok shutdown, in a rare move, Apple published a statement and a support document listing all affected apps that are inaccessible in the U.S. The iPhone maker typically doesn’t publish information for when it blocks apps. Notably, other ByteDance apps, including CapCut, Lemon8 — which surged in the last few months — and…