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Three years on, Europe looks to Ukraine for the future of defense tech
Today marks three years since Russia’s illegal, unprovoked, and brutal invasion of Ukraine. The Ukrainian people have heroically fought the war with grit and determination, but they have also, against the odds, innovated on and off the battlefield. In addition to establishing a defense tech initiative called BRAVE1, the country has also hosted tech conferences like…
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TikTok (with Douyin) becomes first app to reach $6B in annual consumer spending
TikTok, including its Chinese counterpart Douyin, in 2024 became the first non-game app to reach $6 billion in in-app purchase revenue in a year. According to a new report from app intelligence provider Sensor Tower, TikTok also generated a record high of $1.9 billion in gross in-app purchase (IAP) revenue in the fourth quarter of…
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Australia bans government use of Kaspersky software due to ‘unacceptable security risk’
The Australian government followed the U.S., Canada, and the United Kingdom in taking action against the Russian cybersecurity giant © 2024 TechCrunch. All rights reserved. For personal use only.
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Researchers accuse North Korea of $1.4 billion Bybit crypto heist
North Korea is behind the massive crypto hack, according to several blockchain monitoring firms and a well-known researcher © 2024 TechCrunch. All rights reserved. For personal use only.
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The startup battle begins now: TechCrunch Startup Battlefield 200 applications are open
Pre-Series A founders, this is your moment! If you’re ready to showcase your game-changing innovations on a global stage, the battlefield awaits. Applications for TechCrunch Startup Battlefield 200 — the premier startup pitch competition — are officially OPEN. This is your shot to shine! Step onto the global stage and showcase your groundbreaking startup to…
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As Meta gets rid of fact-checkers, misinformation is going viral
Meta is phasing out its third-party fact-checking programs in the U.S. while it reintroduces a bonus program for creators, which pays them for viral content. The timing of these changes at Meta could intensify the prevalence of misinformation, according to ProPublica. In the past, content creators could not monetize posts that fact-checkers deemed false; but…
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Flexport releases onslaught of AI tools in a move inspired by ‘Founder Mode’
Freight forwarding and logistics company Flexport is rolling out a suite of new products and features, many of which use AI, in what the company says will be the first in a series of semi-annual announcements of this kind. If that sounds similar to Airbnb’s approach to seasonal product announcements, that’s because it was the…
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A single default password exposes access to dozens of apartment buildings
An unchanged credential allows anyone to virtually control door locks and elevators at dozens of apartment buildings across North America, a security researcher found. © 2024 TechCrunch. All rights reserved. For personal use only.
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Patlytics raises $14M for its patent analytics platform
For decades, patents have been a bone of contention in the technology world, seen by some as a way to protect intellectual property, but by critics as a blunt weapon against innovation. In the age of AI, they are once again getting revisited. New York startup Patlytics has developed an AI-enabled patent analytics platform to…
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Cambium is building an AI that helps turn waste wood into usable lumber
Cambium uses data on timber and lumber transactions in a bid to make salvage wood appealing to a range of companies. © 2024 TechCrunch. All rights reserved. For personal use only.