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Apple’s App Store isn’t always as trustworthy as the company claims. The latest example comes from RockAuto, an auto parts dealer popular with home mechanics and other DIYers, which is upset that a fake app masquerading as its official app has not been removed from the App Store, despite numerous complaints to Apple. RockAuto co-founder […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Asheem Chandna says he was so impressed with founder Bipul Sinha's grit and tech, he led Rubrik's $40 million Series B in 2015. © 2024 TechCrunch. All rights reserved. For personal use only.

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EyeEm, the Berlin-based photo-sharing community that exited last year to Spanish company Freepik after going bankrupt, is now licensing its users’ photos to train AI models. Earlier this month, the company informed users via email that it was adding a new clause to its Terms & Conditions that would grant it the rights to upload […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Ticktock, TikTok: It’s been a wild week for TikTok. Even as the company starts testing its Twitter competitor in certain markets and launches its luxury secondhand shop […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Meta’s new large language model, Llama 3, powers the imaginatively named “Meta AI,” a newish chatbot that the social media and advertising company has installed in as many of its apps and interfaces as possible. How does this model stack up against other all-purpose conversational AIs? It tends to regurgitate a lot of web search […] © 2024 TechCrunch. All rights reserved. For personal use only.

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The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across education, law, and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and Exchange Commission, two unnamed investors contributed the $15 million in […] © 2024 TechCrunch. All rights reserved. For personal use only.

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AI may be inching its way into the newsroom, as outlets like Newsweek, Sports Illustrated, Gizmodo, VentureBeat, CNET and others have experimented with articles written by AI. But while most respectable journalists will condemn this use case, there are a number of startups that think AI can enhance the news experience — at least on […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Aside from the crucial omission of an Ask and Use of Funds slide, just about every slide in the deck felt almost very good — but then stumbled by overlooking an important detail. © 2024 TechCrunch. All rights reserved. For personal use only.

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After a successful unveiling at CES, Rabbit is letting journalists try out the R1 — a small orange gadget with an AI-powered voice interface. This comes just weeks after the launch of the Humane Ai Pin, which is similarly pitched as a new kind of mobile device with AI at its center. While we’re still […] © 2024 TechCrunch. All rights reserved. For personal use only.

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MIT Technology Review Explains: Let our writers untangle the complex, messy world of technology to help you understand what’s coming next. You can read more from the series here. After weeks of drawn-out congressional debate over how much the United States should spend on conflicts abroad, President Joe Biden signed a $95.3 billion aid package into…

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Google is testing a new “Speaking practice” feature in Search that helps users improve their conversational English skills. The company told TechCrunch that the feature is available to English learners in Argentina, Colombia, India, Indonesia, Mexico, and Venezuela who have joined Search Labs, its program for users to experiment with early-stage Google Search experiences. The […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. A newly-formed entity called Luke Bidco Ltd, formed by private equity giant Thoma Bravo, has tabled an all-cash bid of £6.20 ($7.75) per share, which represents a 44% premium on its average price for the three-month […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Global Founders Capital, the Berlin-based early stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. The VC previously raised two $1 billion funds and, just a few years ago, its name appeared in dozens of deals per year. But then, things […] © 2024 TechCrunch. All rights reserved. For personal use only.

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xAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted source close to the deal. The deal – which would give investors one quarter of the company –  is expected to close in the next few weeks unless the terms […] © 2024 TechCrunch. All rights reserved. For personal use only.

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The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can’t require their employees, that aren’t senior executives, to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTC’s ruling will impact industries […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s sum-of-the-parts analysis. The investment bank estimates Blinkit’s implied value at 119 Indian rupees per share ($1.43) or about $13 billion, while Zomato’s food […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Space and defense startup True Anomaly has laid off around 25% of its workforce and cancelled its summer internship program, TechCrunch has learned. © 2024 TechCrunch. All rights reserved. For personal use only.