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Category Archives: Tech
Amazon’s cloud business records 18% growth in second quarter
Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.
Coinbase says it’s launching tokenized stocks, predictions markets for U.S. users in coming months
The expansion puts Coinbase in even closer competition with Robinhood, Gemini and Kraken, all of whom have tokenized equity offerings for users outside the U.S.
Reddit shares jump 20% on second-quarter sales and guidance beat
The company’s sales grew 78% year-over-year in the second quarter and was 17% above consensus estimates, representing the biggest beat in Reddit’s history.
Twitter’s former Trust and Safety head details the challenges facing decentralized social platforms
Yoel Roth shares concerns about the open social web’s ability to combat misinformation, spam, and other illegal content.
Posted in Tech
Tagged TechCrunch
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Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI’s
Anthropic holds 32% of enterprise LLM market share by usage. This is a sharp reversal from just two years ago when OpenAI held 50%.
Posted in Tech
Tagged TechCrunch
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SEC debuts ‘Project Crypto’ to bring U.S. financial markets ‘on chain’
The Securities and Exchange Commission on Thursday debuted “Project Crypto,” a plan to modernize securities regulations to allow crypto-based trading.
Your public ChatGPT queries are getting indexed by Google and other search engines
Search engines are indexing links to ChatGPT conversations that have been made sharable with a link.
Posted in Tech
Tagged TechCrunch
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The sequel to ‘The Social Network’ may have just found its lead actors
While the 2010 original film focused on Mark Zuckerberg’s rise, “Social Network Part II” is said to draw from Jeff Horwitz’s “The Facebook Files,” which exposed Facebook’s harmful effects on teens and its role in spreading misinformation.
Posted in Tech
Tagged TechCrunch
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Figma more than triples in NYSE debut after selling shares at $33
Fast-growing Figma’s internet software has over 13 million users, and the customer list includes Google, Microsoft and Netflix.
Apple reports third-quarter earnings after the bell
The June quarter is typically Apple’s slowest of the year by sales, ahead of new device launches in September.