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TikTok goes dark in the US
TikTok has gone dark in the U.S., the result of a federal law that bans the popular short-form video app for millions of Americans — at least for now. TikTok users began receiving a message about the ban around 10:30 p.m. Eastern. As of Saturday evening, the app was also no longer available in the…
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Perplexity AI submits bid to merge with TikTok
With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home. CNBC first reported on Perplexity’s interest. A source with knowledge of the offer confirmed to TechCrunch that Perplexity (whose CEO Aravind Srinivas is pictured above) has submitted a bid to…
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FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, Microsoft’s backing of OpenAI and Amazon and Alphabet/Google’s partnerships with Anthropic. “The FTC’s report sheds light on how partnerships by big tech firms can create lock-in,…
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What we know about the TikTok ban
Welcome back to Week in Review. This week, we’re looking at the impacts of the looming TikTok ban in the U.S., including the “TikTok refugees” moving to Chinese app RedNote, the surge of English speakers learning Mandarin on Duolingo, and more! Let’s get into it. The Supreme Court upheld the law that will effectively ban…
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Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle
Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the…
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DOJ confirms arrested US Army soldier is linked to AT&T and Verizon hacks
The alleged hacker claimed to have access to huge amounts of call records, including VP Kamala Harris and President Trump. © 2024 TechCrunch. All rights reserved. For personal use only.
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TikTok says it will go dark Sunday unless Biden offers ‘definitive statement’
It remains unclear whether TikTok will still be available in US app stores Sunday, with the company claiming that President Joe Biden’s outgoing administration needs to offer “definitive” assurances that it won’t enforce the ban. On Friday, the Supreme Court upheld a law that would effectively ban TikTok in the United States if the app’s…
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How victims of PowerSchool’s data breach helped each other investigate ‘massive’ hack
School workers say they resorted to crowdsourcing help among each other following PowerSchool’s breach, fueled by solidarity and the slow response from PowerSchool. © 2024 TechCrunch. All rights reserved. For personal use only.
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EV startup Canoo files for bankruptcy and ceases operations
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court. The company said in a press release published late Friday that it was “in discussions with foreign sources of capital” that proved unsuccessful, and also…
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Amazon suspends US drone deliveries following crash at testing facility
Amazon has paused testing of its delivery drones following a crash involving two of its models, according to Bloomberg. It’s the latest setback for Amazon’s beleaguered Prime Air program, which aims to deliver around 500 million packages a year to customers by the end of the decade. Bloomberg reports two Amazon drones crashed in rainy…