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Today — 14 January 2025TechCrunch News

Massachusetts senator seeks to extend deadline for TikTok ban

14 January 2025 at 07:35

Senatory Ed Markey (D-Mass.) is planning to introduce legislation to extend the TikTok ban deadline by 270 days. TikTok has warned of a looming shutdown in just five days, but the new legislation, officially called the Extend the TikTok Deadline Act, would give TikTok more time to divest from its Chinese parent company ByteDance, if approved by Congress. TikTok […]

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OpenAI’s AI reasoning model ‘thinks’ in Chinese sometimes and no one really knows why

14 January 2025 at 07:05

Shortly after OpenAI released o1, its first “reasoning” AI model, people began noting a curious phenomenon. The model would sometimes begin “thinking” in Chinese, Persian, or some other language — even when asked a question in English. Given a problem to sort out — e.g. “How many R’s are in the word ‘strawberry?'” — o1 […]

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Boardy AI raises $8M seed round months after closing pre-seed 

14 January 2025 at 07:00

Months after announcing a $3 million pre-seed, the AI networking startup Boardy is back with an $8 million seed announcement led by Creandum.  The company connects users with other people when they call an AI agent who chats with them for a bit and then connects them with others it thinks they ought to know. […]

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Kayak founder returns with Steppin, an app that locks you out of social media until you go for a walk

14 January 2025 at 06:45

App stores are filled with different services that are designed to help you cut down on your screen time and count your steps. A new iOS app called Steppin combines these two ideas to help users do both at the same time to bridge the gap between physical and mental health.  Steppin blocks your social […]

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Thoras helps companies reach reliability without overspending on cloud costs

14 January 2025 at 06:30

For years, twin sisters Nilo Rahmani and Jen Rahmani swapped stories — and commiserated — over the pain points they were facing in their respective engineering jobs. Nilo told TechCrunch that a frequent topic of conversation was about frustrations over the reliability platforms they were using at work. When they noticed the reliability landscape starting […]

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AWS pledges to spend $5B in Mexico, launches new Mexico server region

14 January 2025 at 06:26

In an announcement Tuesday, Amazon Web Services (AWS), Amazon’s cloud computing division, said it plans to invest $5 billion in Mexico over the next 15 years as a part of a “long-term commitment” in the region. A portion of that investment is a new server region launching today, AWS Mexico (Central) Region, that will allow […]

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Powerset gives founders $1 million to invest in other startups 

14 January 2025 at 06:00

Powerset, founded in late 2022, is an investment program with a simple hypothesis: what if the best investors aren’t venture capitalists but other founders, scribbling off checks in between late night coding sessions and board meetings? 

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North Korea stole over $659M in crypto heists during 2024, deploys fake job seekers

14 January 2025 at 05:24

A joint international statement provides the first official confirmation that North Korea was behind the $235M hack of WazirX, India's largest cryptocurrency exchange.

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UK plans to ban public sector organizations from paying ransomware hackers

14 January 2025 at 05:13

The Home Office has proposed a 'targeted ban' on ransom payments following a wave a cyberattacks targeting the UK

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Venture funding remains stable in France thanks to AI startups

14 January 2025 at 04:21

Alex Dewez, a partner at 20VC, just released its highly anticipated State of the French tech ecosystem report. This is a nice followup to Atomico’s State of European Tech report, with a more granular view on French startups in particular. As a reminder, the bottom line of Atomico’s report is that European startups raised $45 […]

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UK’s CMA slaps Google Search and its 90%+ market share with an antitrust investigation

14 January 2025 at 03:04

The Competition and Markets Authority — the U.K.’s antitrust watchdog — is wasting no time in lodging its first official investigation of 2025 under its new rules that came into effect this month. It’s looking into the market dominance of Google in search, including the new work it’s doing in AI search as well as […]

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Bioptimus raises $41M to develop a ‘GPT for biology’

14 January 2025 at 02:26

A fledgling French AI startup has raised $41 million to develop a foundational AI model for biology. Just as OpenAI’s ChatGPT has taken the world by storm for a super-smart generative AI tool capable of natural language conversation in text form, Bioptimus is taking that concept but training its model specifically for downstream biological applications […]

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LemFi moves remittances further into Asia and Europe with $53M in new funding

13 January 2025 at 23:55

For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now represent significant portions of GDP in these countries, often outpacing foreign direct investment as the primary source of foreign exchange.  Traditional banks and agents maintain a firm grip on the remittance […]

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Yesterday — 13 January 2025TechCrunch News

How Barcelona became an unlikely hub for spyware startups

13 January 2025 at 23:00

Barcelona's mix of affordable cost of living and quality of life has helped create a vibrant startup community — and become a hotbed for the creation of surveillance technologies.

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China is reportedly open to Elon Musk acquiring TikTok US

13 January 2025 at 17:44

Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok’s United States arm to Elon Musk, should the Supreme Court uphold the law banning the app on January 19. Bloomberg reports that China would strongly prefer for TikTok to stay under ByteDance’s ownership, but says government officials have considered a sale to Musk […]

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As TikTok faces a US shutdown, here are some alternative apps to check out

13 January 2025 at 15:44

TikTok has warned of a looming shutdown in just six days, as the Supreme Court is currently weighing the law that would ban the app. So we thought it’s time to take a look at other platforms that may be able to fill the TikTok-shaped hole in our lives.  The law gives TikTok parent company […]

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Robinhood agrees to pay $45M in SEC settlement

13 January 2025 at 14:57

Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday. The settlement is being made via two of Robinhood’s brokerage units. One of the violations relates to Robinhood’s November 2021 confirmation that it was hacked “with […]

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Microsoft forms new internal dev-focused AI org

13 January 2025 at 14:56

Microsoft has created a new engineering organization aimed at accelerating AI infrastructure and software development within the company. According to Bloomberg, Jay Parikh, previously VP and global head of engineering at Meta, will lead the new division. He’ll report to Microsoft CEO Satya Nadella and oversee groups, including the company’s AI platform and developer teams. […]

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The CIA’s first CTO, Nand Mulchandani, prepares for the Trump administration

13 January 2025 at 12:53

In April 2022, the CIA decided to swipe right on Nand Mulchandani, appointing him as its first-ever chief technology officer. It was a good look for the CIA. Mulchandani, who previously served as the CTO and acting director of the Defense Department’s Joint Artificial Intelligence Center, is something of a rare breed in Washington. Before […]

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OpenAI presents its preferred version of AI regulation in a new ‘blueprint’

13 January 2025 at 12:45

OpenAI on Monday published what it’s calling an “economic blueprint” for AI: a living document that lays out policies the company thinks it can build on with the U.S. government and its allies. The blueprint, which includes a forward from Chris Lehane, OpenAI’s VP of global affairs, asserts that the U.S. must act to attract […]

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