Our news
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Google DeepMind unveils a new video model to rival Sora
Google DeepMind, Google’s flagship AI research lab, wants to beat OpenAI at the video generation game — and it might just, at least for a little while. On Monday, DeepMind announced Veo 2, a next-gen video-generating AI and the successor to Veo, which powers a growing number of products across Google’s portfolio. Veo 2 can…
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SoftBank CEO announces a $100 billion investment into the US
On Monday, Softbank CEO Masayoshi Son announced that his company would invest $100 billion into the US over the next four years. © 2024 TechCrunch. All rights reserved. For personal use only.
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Israeli spyware maker Paragon bought by U.S. private equity giant
The company’s spyware, dubbed Graphite, is capable of hacking phones and stealing private communications. © 2024 TechCrunch. All rights reserved. For personal use only.
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YouTube’s latest test lets creators post voice notes as comments
YouTube is experimenting with a new way to engage fans by giving creators the ability to post voice notes and reply to comments on their videos, the company announced on Monday. The ability to post voice notes is limited to certain creators in the U.S. for the time being. YouTube says they’ll only be able…
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Meta put on watch over terrorism content in the EU
Ireland’s media regulator has put social media giant Meta on watch over terrorist content takedowns again — it issued a decision against Facebook on Monday. The Coimisiún na Meán said the tech giant would have to take “specific measures” to prevent its services from being used for the dissemination of terrorist content and report back…
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BlackBerry sells Cylance for $160M, a fraction of the $1.4B it paid in 2018
Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant discount from the $1.4 billion BlackBerry paid to acquire the startup in 2018. Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million…
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Snapchat introduces a unified monetization program for creators
Snapchat is introducing a revamped, unified monetization program for creators. The new program will reward creators for both content posted to Stories and Spotlight, its TikTok copycat. Previously, Snapchat monetized these two formats through separate programs. Under the new program, creators will earn revenue from ads displayed within eligible Stories and Spotlight posts. “With Spotlight…
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Temu is the most-downloaded app on the U.S. App Store in 2024
Chinese shopping app Temu was once again the most downloaded free app in the U.S., according to a list of top apps and games across the App Store released by Apple on Monday. The shopping app last year moved into the No. 1 slot, stealing the position from TikTok which held the title in in…
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Skims co-founder Jens Grede addresses those IPO rumors
Skims co-founder Jens Grede has confirmed that plans for an IPO are on the back burner—for now at least, according to a new interview with WWD. TechCrunch reported in August that investors were hoping for the retail darling, last valued at $4 billion, to go public, and the Information reported that the earliest it could…
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EU signs $11B deal for sovereign satellite constellation to rival Musk’s Starlink
The European Union is forging ahead with plans for a constellation of internet satellites to rival Elon Musk-owned Starlink, after signing a €10.6 billion ($11.1B) deal to launch nearly 300 satellites into low- and medium-Earth orbits by 2030. The bloc wants the space tech to boost its digital sovereignty by providing secure comms to governments.…