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Tag Archives: TechCrunch
Spotify reports its first full year of profitability, adds 35M monthly active users
On Tuesday morning, Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The operating income for the quarter reached a record €477 million ($509.48 million) and amounted to €1.4 billion ($1.495 … Continue reading
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OpenAI’s Operator agent helped me move, but I had to help it, too
OpenAI gave me one week to test its new AI agent, Operator, a system that can independently do tasks for you on the internet. Operator is the closest thing I’ve seen to the tech industry’s vision of AI agents — … Continue reading
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Snap unveils AI text-to-image model for mobile devices
Snap has unveiled an AI text-to-image model for mobile devices that will power some of Snapchat’s features in the coming months. The company said on Tuesday that the model can produce high-resolution images in around 1.4 seconds on an iPhone … Continue reading
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LinkedIn amps up vertical video tools as uploads jump 36%
Video reigns supreme on social media like TikTok, Instagram, and YouTube. And now, video is becoming a bigger business for LinkedIn. The Microsoft-owned social network for the working world has yet to go full TikTok. But with a big boost … Continue reading
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Canada’s StackAdapt snaps up $235M for its AI-based programmatic platform
While the U.S. and Canada duke it out over tariffs between the two countries, a tech company based out of Toronto is announcing a major round of funding led by a homegrown VC. StackAdapt, a programmatic advertising startup, says that … Continue reading
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Archive raises $30M to solve fashion’s pollution problem with online resales
The fashion industry has concerned Emily Gittins since adolescence. The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than … Continue reading
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Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi
A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and … Continue reading
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Grubhub confirms data breach affecting customers and drivers
U.S. food delivery giant Grubhub says hackers accessed the personal details of customers and drivers after breaching its internal systems. Grubhub is a popular food-ordering and delivery platform with over 375,000 merchants and 200,000 delivery providers using its platform in … Continue reading
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OpenAI doubles down on Asia, partners with Kakao after its big deal with SoftBank
On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI’s American backyard, OpenAI is diving into expanding in Asia, with major commercial deals that will also help it train its AI on more Asian-language content and … Continue reading
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SoftBank-backed billionaire to invest $230M in Indian AI startup Krutrim
Ola founder Bhavish Aggarwal is investing $230 million into an AI startup he founded as the country pushes to establish itself in a field dominated by U.S. and Chinese firms. Aggarwal is financing the investment in Krutrim largely through his … Continue reading
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