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Today β€” 8 January 2025TechCrunch News

Microsoft rolls back its Bing Image Creator model after users complain of degraded quality

8 January 2025 at 07:31

Ahead of the holidays, Microsoft said it was upgrading the AI model behind Bing Image Creator, the AI-powered image editing tool built into the company’s Bing search engine. Microsoft promised that the new model β€” the latest version of OpenAI’s DALL-E 3 model, code-named β€œPR16” β€” would allow users to create images β€œtwice as fast […]

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Former CEO of MoviePass’ parent company pleads guilty to fraud over β€˜unlimited’ plan

8 January 2025 at 07:20

The former chief executive of the parent company of MoviePass, Theodore Farnsworth, pleaded guilty to charges of securities fraud and conspiracy after being accused of misleading investors over the service’s β€œunlimited plan.” Farnsworth also pleaded guilty to conspiracy to commit securities fraud as the chief executive of Vinco Ventures, a publicly traded company. Helios & […]

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Facebook Marketplace to display eBay listings to appease EU regulators

8 January 2025 at 06:59

Meta is set to start displaying eBay listings in its own Facebook Marketplace classifieds platform, in an effort to appease European regulators. Back in November, Meta was hit with a €798 million fine by the European Commission (EC) in Europe for breaching antitrust rules. The EC contended that Meta created β€œunfair trading conditions” by connecting […]

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Healthcare analytics platform H1 has acquired Ribbon, backed by a16Z and General Catalyst

8 January 2025 at 06:32

H1, a healthcare data analytics platform serving the pharmaceutical industry with data on over 10 million healthcare professionals, has acquired Ribbon, a startup that helps patients find doctors that are supported by their insurance. Financial terms of the deal have not been disclosed. The last time that Ribbon β€” founded in 2016 and a Y […]

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Edtech giant PowerSchool says hackers accessed personal data of students and teachers

8 January 2025 at 06:15

The Bain Capital-owned edtech giant says hackers accessed its customer support portal using a "compromised credential."

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Vay expands driverless car-sharing fleet in Las Vegas

8 January 2025 at 06:00

Vay is hitting the accelerator on its driverless car-sharing service in Las Vegas. The Berlin-based startup, which uses teleoperations technology that lets humans pilot empty vehicles to customers, has been operating a small commercial fleet of retrofitted Kia e-Niro vehicles in certain parts of Las Vegas since January 2024. When customers open the Vay app […]

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EU court fines European Commission for breaching its own data privacy laws

8 January 2025 at 05:55

The EU court said the bloc's executive authority violated a citizen's rights by transferring some of his personal data to the U.S. without proper safeguards.

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Livestream shopping app Whatnot raises $265M, pinning valuation at nearly $5B

8 January 2025 at 04:00

Whatnot, the platform that allows users to sell items such as trading cards, comics, and sneakers through live videos, announced on Wednesday that it has secured $265 million in a Series E funding round, a significant investment for a livestream shopping platform. This round puts Whatnot’s valuation at $4.97 billion. The investment marks an important […]

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SteamOS expands to other gaming handhelds with the Lenovo Legion Go S

8 January 2025 at 03:18

SteamOS is slowly becoming an alternative to Windows for handheld gaming devices. After launching the Steam Deck with SteamOS, its own operating system, Valve is now partnering with third-party manufacturers so that they can release gaming handhelds with SteamOS support. On Tuesday, Lenovo unveiled the Legion Go S at CES 2025. Unlike its predecessor, the […]

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Casio says hackers stole personal data of 8,500 people during October ransomware attack

8 January 2025 at 03:11

The Japanese electronics giant says it did not negotiate with the hackers responsible for the attack.

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Siren secures strategic funding for its socks that detect diabetic foot ulcers

8 January 2025 at 03:00

After studying burn victims and war veterans, entrepreneur Ran Ma hand-made a sock that contained sensors to detect foot ulcers. Now, her company, Siren, has secured $9.5 million, with an $8 million check from lead investor MΓΆlnlycke Health Care to further the development and adoption of its diabetic foot ulcer (DFU) prevention product. It’s now […]

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Microsoft backs its $3B AI push in India with public and private sector deals

8 January 2025 at 00:17

Microsoft announced a sweeping series of artificial intelligence partnerships across India’s core sectors on Wednesday, a day after pledging to invest $3 billion in the country over the next two years as it intensifies competition with rivals Google and Amazon. The tech giant’s chief executive Satya Nadella (pictured above) unveiled agreements with five major organizations […]

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Yesterday β€” 7 January 2025TechCrunch News

Nomupay raises $37M at a $200M valuation to build payment rails in underserved markets across Asia

7 January 2025 at 22:36

Wirecard, a German fintech that raised hundreds of millions of dollars only to collapse in 2020 in a sea of scandal and insolvency, still makes headlines today as lawsuits continue against different entities and people once connected to the business. But not all that came out of it was rotten. A Dublin-based startup called Nomupay […]

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

VC investment in emerging markets plummeted by over 40% last year

7 January 2025 at 21:30

VC investments in emerging markets such as the Middle East and North Africa (MENA) plummeted by over 40% compared to 2023, according to a new report. The data mirrors the wider global trend of reduced VC funding in the last two years, especially for non-AI companies. The total raised across the markets surveyed was $9.1 […]

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

Delta SkyMiles members can now earn miles riding with Uber, as deal with Lyft nears end

7 January 2025 at 17:48

Uber announced during CES 2025 a multi-year exclusive partnership with Delta Air Lines that allows SkyMiles members to earn miles when they ride with Uber or order delivery through Uber Eats in the United States. The deal means an end of Delta’s partnership with Lyft. The Uber partnership will launch in the spring, giving Uber […]

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Sam Altman’s family responds to lawsuit alleging he sexually assaulted his sister

7 January 2025 at 17:12

OpenAI CEO Sam Altman responded to sexual assault accusations from his estranged younger sister on Tuesday, calling the claims β€œentirely untrue.” According to the Saint Louis Post Dispatch, in a new lawsuit filed Monday, Annie Altman alleges her older brother sexually assaulted her over a nine-year period in the 1990s and 2000s. The suit echoes […]

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Delta Air Lines announces an AI-powered assistant in its mobile app and free onboard YouTube Premium and Music at CES 2025

7 January 2025 at 17:10

Over the last few years, Delta Air Lines’ presence has become a staple of CES, with the airline regularly hosting splashy keynotes. This year, the company has rented out the Sphere to announce its latest slate of updates. These include (can you guess it?) an AI-powered assistant in its app, as well as an updated […]

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Zeekr RT, the robotaxi built for Waymo, has the tiniest wipers

7 January 2025 at 16:11

For the autonomous vehicle-obsessed, the Waymo-Zeekr robotaxi is nothing new. In 2021, Waymo and Zeekr announced a partnership. Waymo first showed a concept of the purpose-built robotaxi in late 2022 and began testing prototype versions on public roads in San Francisco last year, even as it began rolling out its commercial fleet of Jaguar I-Pace […]

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