U.S. government contractor Conduent, which provides technology to support services such as child support and food assistance, has confirmed that a recent outage was caused by a cybersecurity incident.  Conduent confirmed the disruption, which left some U.S. residents without access to support payments, to TechCrunch on Tuesday but declined to say whether the outage was […]

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

Demand for generative AI help drive consumer spending on apps to $150 billion globally in 2024, up 13% from the prior year. According to an annual “State of Mobile” report from app intelligence provider Sensor Tower (which acquired Data.ai, the original report’s author, last March), AI apps saw a surge of interest over the past […]

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

President Donald Trump has said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok as part of join venture with the U.S. government. Trump was asked at a press conference on Tuesday if he was open to “Elon buying TikTok.” He responded that he would be, and added: […]

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

Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation. The San Francisco-based company also added a further $5.25 billion in debt financing, funded by JPMorgan Chase, Barclays, Citi, Goldman Sachs, Morgan Stanley, among other “leading financial institutions and alternative […]

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

The hack has the potential to be one of the biggest of the year, but the edtech giant is refusing to answer important questions

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

Over the years, Ramp has built a name for itself in the corporate card and expense management space. It’s branched out into travel, bill pay, and more, while raising over $1.2 billion in venture funding. Today, the six-year-old fintech startup is announcing a different kind of expansion — one that takes it into more of […]

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

Since it was founded in 2014, India-based Postman has made a name for itself as one of the most popular platforms for building and using APIs, with 500,000 organizations now using the service. Like with so many other SaaS services, though, its valuation today is reportedly down from its $5.6 billion high in 2021. But […]

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

When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer questions or fill out technical questionnaires. “They […]

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

As enterprises look at how they can best leverage AI to increase their employees’ productivity, search is an obvious use case. In most companies, after all, data lives in multiple disconnected silos and the combination of large language models, retrieval augmented generation (RAG) and enterprise-grade integration services now makes it easier than ever to not […]

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

A four-year-old London startup backed by Peter Thiel has raised a $55 million Series B round as it sets about “fixing the broken clinical trial industry.” The announcement comes as artificial intelligence is shaping up to revolutionize drug discovery and development, in turn spurring demand for a streamlined clinical trial process to help get new […]

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

Indonesia’s antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store. The KPPU ordered the search giant to cease the mandatory use of Google Play Billing in the Google Play Store. It also asked Google to let […]

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

Hindustan Unilever has agreed to acquire beauty startup Minimalist for about $342 million, as the consumer goods giant seeks to expand in India’s fast-growing premium skincare market. Hindustan Unilever will initially acquire a 90.5% stake in the direct-to-consumer brand through secondary buyouts and primary investment, with the remaining 9.5% to be purchased from founders in […]

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

The U.K.’s Competition and Markets Authority (CMA) has a new interim chairman: former Amazon executive Doug Gurr (pictured above). The announcement comes as the U.K. seeks to position itself as a pro-growth, pro-tech nation by cutting red-tape and bureaucracy, with artificial intelligence (AI) taking center stage. The country is also nearing the end of a […]

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

Indian fintech Jar has turned cash flow positive, an executive at the Tiger Global-backed startup confirmed on Wednesday. The three-year-old startup, which offers savings and investment services to consumers, achieved the milestone while still growing by more than 10 times last year, according to an investor note seen by TechCrunch. The profitability push comes as […]

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

Vertice has made a name for itself over the years in the crowded world of expenditure management by focusing on applying AI to optimize an area where businesses are sinking hundreds of billions of dollars annually: software and cloud spend. The London-based startup’s business has grown 13x in the three years since its inception (similar […]

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

Truecaller for iOS has been updated with live caller ID support for its premium iPhone users.

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

President Trump on Tuesday pardoned Ross Ulbricht, the creator of the infamous dark web exchange Silk Road, which was best known as a once-thriving online marketplace for illegal drugs. Trump announced the news in a Truth Social post, saying the pardon was in honor of Ulbricht’s mother and the Libertarian movement. In 2015, a federal […]

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

An unlikely group, including Mr Beast and Bench acquirer Employer.com, has submitted a bid to buy TikTok.

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

A Delaware judge has sanctioned Sheryl Sandberg, Meta’s former COO and board member, for allegedly deleting emails related to the Cambridge Analytica privacy scandal. The decision arises from a case Meta shareholders brought against Sandberg and another former Meta board member, Jeff Zients, late last year. The plaintiffs alleged that Sandberg and Zients used personal […]

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

Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models. No longer. Coinciding with the announcement of Stargate, OpenAI’s massive new AI infrastructure deal with SoftBank, Oracle, and others, Microsoft says it has signed a new agreement with OpenAI that gives it “right of first refusal” […]

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