The Latest
China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and for manufacturing wafers — prioritizing what is…
Apps
Apple’s Design Awards nominees highlight indies and startups, largely ignore AI (except for Arc)
3 hours ago
Apple’s annual list of what it considers the best and most innovative software available on its platform is turning its attention to the little guy.
The spyware maker’s founder, Bryan Fleming, said pcTattletale is “out of business and completely done,” following a data breach.
AI models are always surprising us, not just in what they can do, but what they can’t, and why. An interesting new behavior is both superficial and revealing about these…
What’s one to do after creating a billion-dollar startup? Well, if you’re Rubrik co-founder Arvind Jain, you simply start another one. Jain co-founded Glean, an…
On Friday, Pal Kovacs was listening to the long-awaited new album from rock and metal giants Bring Me The Horizon when he noticed a strange sound at the end of…
Jan Leike, a leading AI researcher who earlier this month resigned from OpenAI before publicly criticizing the company’s approach to AI safety, has joined OpenAI rival Anthropic to lead a…
Fintech
The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space
7 hours ago
Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more! To get a roundup of…
YouTube’s free Playables don’t directly challenge the app store model or break Apple’s rules. However, they do compete with the App Store’s free games.
Featured Article
A comprehensive list of 2024 tech layoffs
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized…
8 hours ago
Where we’ll be next
Oct 28th
TechCrunch Disrupt 2024
San Francisco, CA
Jun 11th
StrictlyVC – Washington, D.C.
Washington, D.C.
OpenAI has formed a new committee to oversee “critical” safety and security decisions related to the company’s projects and operations. But, in a move that’s sure to raise the ire…
Time is running out for tech enthusiasts and entrepreneurs to secure their early-bird tickets for TechCrunch Disrupt 2024! With only four days left until the May 31 deadline, now is…
Startups
Musk’s xAI raises fresh capital while Synapse’s bankruptcy could impact millions
8:50 AM PDT • May 28, 2024
We’re kicking off the short week with news about Elon Musk, and no, it’s not about X or Tesla. Instead, we’re talking about Musk’s other…
AI may not be up to the task of replacing Google Search just yet, but it can be useful in more specific contexts — including handling the drudgery that comes…
Faircado has built a browser extension that suggests pre-owned alternatives for ecommerce listings.
Tumblr, the blogging site acquired twice, is launching its “Communities” feature in open beta, the Tumblr Labs division has announced. The feature offers a dedicated space for users to connect…
Fintech
Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp
10 hours ago
Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers,…
The dynamic duo behind the Grammy Award–winning music group the Chainsmokers, Alex Pall and Drew Taggart, are set to bring their entrepreneurial expertise to TechCrunch Disrupt 2024. Known for their…
Google said today it’s adding new AI-powered features such as a writing assistant and a wallpaper creator and providing easy access to Gemini chatbot to its Chromebook Plus line of…
Enterprise
LumApps, the French ‘intranet super app,’ sells majority stake to Bridgepoint in a $650M deal
11 hours ago
The deal will give LumApps a big nest egg to make acquisitions and scale its business.
