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Instagram Edits, Meta’s newly released video creation app, had a bigger debut than its direct competitor, ByteDance’s CapCut, once did. The new app, which today helps users craft videos for Instagram reels, stories, and other social posts, was downloaded an estimated 702,900 times on iOS devices during its first two days on the market. That’s […]

Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would constitute the the second-largest startup funding round ever, behind only […]

DoorDash has asked a California Superior Court judge to dismiss a lawsuit filed by Uber that accuses the food delivery company of stifling competition by intimidating restaurant owners into exclusive deals. DoorDash argues in its motion that Uber’s claim lacks merit on all fronts. On a post on its website on Friday, DoorDash said, “the […]

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Busy week, so let’s get to it. Starting with federal regulations! Woohoo. Exciting stuff.  I’m talking about the U.S. Department of Transportation’s new Automated Vehicle Framework, which […]

In the battle between two “agentic” coding tools — Anthropic’s Claude Code and OpenAI’s Codex CLI — the latter appears to be fostering more developer goodwill than the former. That’s at least partly because Anthropic has issued takedown notices to a developer trying to reverse-engineer Claude Code, which is under a more restrictive usage license […]

In the latest development of an increasingly public dispute between HR and payroll services rivals, Deel has filed a countersuit against Rippling. To recap: Rippling publicly announced on March 17 that it was suing Deel over alleged corporate espionage, with accusations ranging from violation of the RICO racketeering act (typically used to prosecute organized crime) […]