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Startup and Technology News

Adobe’s working on generative video, too

Adobe says it’s building an AI model to generate video. But it’s not revealing when this model will launch, exactly — or much about it besides the fact that it exists. Offered as an answer of sorts to...

https://techcrunch.com/2024/04/15/adobes-working-on-generative-video-too/

Meta’s ‘consent or pay’ tactic must not prevail over privacy, EU rights groups warn

Ahead of a full meeting of the European Data Protection Board (EDPB) this week (April 16 and 17), which is expected to produce guidance on a controversial tactic used by Meta to force Facebook and Ins...

https://techcrunch.com/2024/04/15/consent-or-pay-open-letter-edpb/

Draftboard lets companies list referral bonuses for anyone

Companies that offer role referral bonuses do so with the assumption that their employees know their work culture — and a role’s requirements — best. But what if companies were to open up those referr...

https://techcrunch.com/2024/04/15/draftboard-lets-companies-list-referral-bonuses-for-anyone/

Paraform raises $3.6M seed round to connect startups with recruiter networks

Layoffs usually drive attention and sympathy towards affected employees, but rarely does anyone talk about what happens to the recruiters who are sometimes also asked to leave when companies decide to...

https://techcrunch.com/2024/04/15/paraform-a-recruiting-platform-that-connects-recruiters-and-startups-raises-funding/

Meta to close Threads in Turkey to comply with injunction prohibiting data-sharing with Instagram

Meta has said that it plans to “temporarily” shutter Threads in Turkey from April 29, in response to an interim injunction imposed by the Turkish competition authority last month over the way Meta sha...

https://techcrunch.com/2024/04/15/meta-to-close-threads-in-turkey-to-comply-with-injunction-prohibiting-data-sharing-with-instagram/

Tesla is laying off more than 10% of its global workforce

Tesla is laying off thousands of workers as it tries to simultaneously cut costs and boost productivity, according to CEO Elon Musk. The electric automaker is cutting “more than 10%” of its global hea...

https://techcrunch.com/2024/04/15/tesla-layoffs-workers-sales-cybertruck-cuts/

Lawhive raises $12M to expand its legaltech AI platform for small firms

UK-based legaltech company Lawhive, which offers an AI-based in-house ‘lawyer’ through a software-as-a-service platform targeted at small law firms, has raised £9.5 million ($11.9M) in a seed round to...

https://techcrunch.com/2024/04/15/lawhive-raises-12m-to-expand-its-legaltech-ai-platform-for-small-firms/

OpenAI expands to Japan with Tokyo office and GPT-4 model optimized for the Japanese language

OpenAI is expanding to Japan, announcing today a new Tokyo hub and plans for a GPT-4 model optimized specifically for the Japanese language. The ChatGPT-maker opened its first international office in ...

https://techcrunch.com/2024/04/15/openai-announces-tokyo-office-and-gpt-4-model-optimized-for-the-japanese-language/

Bluesky now allows heads of states to sign up for the social network

Social networking platform Bluesky lifted its ban on sign-ups for heads of state over the weekend. This means various office holders can join the platform. Bluesky’s move comes ahead of major general ...

https://techcrunch.com/2024/04/15/bluesky-now-allows-heads-of-states-to-sign-up-for-the-social-network/

ShareChat’s valuation drops below $2 billion in new funding

Social media startup ShareChat’s valuation has cratered below $2 billion from nearly $5 billion in a new funding round, a source familiar with the situation told TechCrunch, marking a steep decline fo...

https://techcrunch.com/2024/04/14/sharechats-valuation-drops-below-2-billion-in-new-funding/

Pula raises $20M Series B to provide agricultural insurance to farmers in Africa, Asia and LatAm

Pula, an insurtech based in Kenya, has since 2015 been keen on enhancing the access to agricultural insurance by small-holder farmers across emerging markets, shielding them against losses from pests,...

https://techcrunch.com/2024/04/14/pula-raises-20m-series-b/

TechCrunch Mobility: Cruise robotaxis return and Ford’s BlueCruise comes under scrutiny

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in...

https://techcrunch.com/2024/04/14/techcrunch-mobility-04-14-24/

How Neural Concept’s aerodynamic AI is shaping Formula 1

It’s a long way from pedal bikes to Formula 1. But that’s precisely the quantum leap that AI-based startup Neural Concept and its co-founder and CEO, Pierre Baqué, made in just six years. In 2018, the...

https://techcrunch.com/2024/04/14/how-neural-concepts-aerodynamic-ai-is-shaping-formula-one/

TechCrunch Fintech: Meet PayJoy, a fintech operating at the intersection of doing good and making money

Welcome to TechCrunch Fintech! This week, we’re looking at how two fintech companies serving the underserved are faring, and more! To get a roundup of TechCrunch’s biggest and most important fintech s...

https://techcrunch.com/2024/04/14/when-doing-good-and-making-money-collide/

Generative AI is coming for healthcare, and not everyone’s thrilled

The broad enthusiasm for generative AI is reflected in the investments in GenAI efforts targeting healthcare. But is healthcare-focused generative AI ready for prime time?

© 2024 TechCrunch. All righ...

https://techcrunch.com/2024/04/14/generative-ai-is-coming-for-healthcare-and-not-everyones-thrilled/

Tesla drops prices, Meta confirms Llama 3 release, and Apple allows emulators in the App Store

Heya, folks, welcome to Week in Review (WiR), TechCrunch’s regular newsletter that recaps the past few days in tech. Google’s annual enterprise-focused dev conference, Google Cloud Next, dominated the...

https://techcrunch.com/2024/04/13/tesla-drops-prices-meta-confirms-llama-3-release-and-apple-allows-emulators-in-the-app-store/

Naval Ravikant’s Airchat is a social app built around talk, not text

Airchat is a new social media app that encourages users to “just talk.” A previous version of Airchat was released last year, but the team — led by AngelList founder Naval Ravikant and former Tinder p...

https://techcrunch.com/2024/04/13/airchat-launch/

Vana plans to let users rent out their Reddit data to train AI

In the generative AI boom, data is the new oil. So why shouldn’t you be able to sell your own? From big tech firms to startups, AI makers are licensing e-books, images, videos, audio and more from dat...

https://techcrunch.com/2024/04/13/vana-plans-to-let-users-rent-out-their-reddit-data-to-train-ai/

Deal Dive: Not all climate startups are focused on carbon

Windfall Bio sells methane-eating microbes to companies to help them reduce their carbon footprint in the short-term.

© 2024 TechCrunch. All rights reserved. For personal use only.

https://techcrunch.com/2024/04/13/deal-dive-not-all-climate-startups-are-focused-on-carbon/

Google goes all in on generative AI at Google Cloud Next

Not to minimize what Google had on display, but the company failed to give all but a passing nod to its core business — except in the context of generative AI, of course.

© 2024 TechCrunch. All right...

https://techcrunch.com/2024/04/13/google-goes-all-in-on-generative-ai-at-google-cloud-next/