Tag Archives: TechCrunch

Apple earnings see 10% iPhone sales drop

Apple on Thursday reported a 10% drop in iPhone sales for the second fiscal quarter, dropping from $51.3 billion to $45.9 billion, year-over-year. The slowdown was fueled, in part, by an 8% drop in China. Apple’s slow adoption of AI … Continue reading

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Alliance DAO is attracting more Asia founders amid US crypto crackdown

The graduates of Alliance DAO are often useful indicators of investor appetite and user adaption trends within the crypto space. The latest batch of the stage-agnostic crypto accelerator, unveiled today, comes at a moment of great excitement for the recovering … Continue reading

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Rivian wins $827 million from Illinois to expand its factory for R2 lineup

Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2. Rivian announced Thursday that the State of Illinois Department of Commerce and Economic Opportunity will dole out … Continue reading

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Microsoft bans U.S. police departments from using enterprise AI tool

Microsoft has changed its policy to ban U.S. police departments from using generative AI through the Azure OpenAI Service, the company’s fully managed, enterprise-focused wrapper around OpenAI technologies. Language added Wednesday to the terms of service for Azure OpenAI Service … Continue reading

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EU plan to force messaging apps to scan for CSAM risks millions of false positives, experts warn

A controversial push by European Union lawmakers to legally require messaging platforms to scan citizens’ private communications for child sexual abuse material (CSAM) could lead to millions of false positives per day, hundreds of security and privacy experts warned in … Continue reading

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They thought they were joining an accelerator — instead they lost their startups

Lacey Hunter thought all was well as she put her startup through the three-month Newchip accelerator. Then the organization filed for bankruptcy in May 2023. Things went from bad to worse later that year when she discovered warrants of her … Continue reading

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Hyundai is spending close to $1 billion to keep self-driving startup Motional alive

Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while providing the self-driving startup with the necessary capital to keep operating. The Korean automaker invested $475 million directly into … Continue reading

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TechCrunch Minute: Where CZ’s sentencing leaves the state of crypto

Four months behind bars and a massive fine, that’s what CZ is getting from the government for his crypto exchange’s misdeeds. Regardless of how you view the verdict — too much, too little, just right — his sentencing is a … Continue reading

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Spotify quietly moves lyrics behind a paywall

Following various reports citing frustrated posts from users on Reddit, Spotify is quietly confirming the change. © 2024 TechCrunch. All rights reserved. For personal use only.

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Google expands passkey support to its Advanced Protection Program ahead of the US presidential election

Ahead of the U.S. presidential election, Google is bringing passkey support to its Advanced Protection Program (APP), which is used by people who are at high risk of targeted attacks, such as campaign workers, candidates, journalists, human rights workers, and … Continue reading

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