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Today β€” 22 January 2025TechCrunch News

Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system

By: Kate Park
22 January 2025 at 02:29

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 […]

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

Hindustan Unilever acquires Peak XV-backed Minimalist for over $340M

22 January 2025 at 02:29

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

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

UK appoints ex-Amazon executive Doug Gurr as interim chair of antitrust body

22 January 2025 at 02:10

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 […]

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

Indian fintech Jar turns cash flow positive

22 January 2025 at 00:00

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 […]

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

Vertice raises $50M for its AI-powered SaaS spend platform

21 January 2025 at 23:47

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 […]

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

Yesterday β€” 21 January 2025TechCrunch News

Trump pardons Silk Road creator Ross Ulbricht

21 January 2025 at 17:03

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 […]

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

MrBeast is reportedly now among those trying to buy TikTok

21 January 2025 at 16:42

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

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

Former Meta COO Sheryl Sandberg sanctioned by judge for allegedly deleting emails

21 January 2025 at 16:09

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 […]

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

Microsoft is no longer OpenAI’s exclusive cloud provider

21 January 2025 at 15:18

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 β€œright of first refusal” […]

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

OpenAI teams up with SoftBank and Oracle on $500B data center project

21 January 2025 at 15:08

OpenAI says that it will team up with Japanese conglomerate SoftBank and with Oracle, among others, to build multiple data centers for AI in the U.S. The joint venture, called the Stargate Project, will begin with a large data center project in Texas and eventually expand to other states.Β The companies expect to commit $100 billion […]

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

Scale AI’s Alexandr Wang has published an open letter lobbying Trump to invest in AI

21 January 2025 at 14:12

Scale AI's CEO Alexandr Wang has five recommendations for President Trump to keep the US ahead of China on AI.

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

Startup founders flooded inauguration parties hopeful for dealmaking

21 January 2025 at 13:53

All throughout America’s capital, founders enjoyed the fruits of their industry’s political jockeying.

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

Meta is building Oakley smart glasses for athletes: Report

21 January 2025 at 13:21

Meta’s Reality Labs is expanding its lineup of AI smart glasses with a new pair of Oakley-branded spectacles targeted at athletes, according to Bloomberg’s Mark Gurman. Bloomberg reports the new smart glasses, with which Meta seeks to capitalize on the Ray-Ban Meta’s success, will be based on Oakley’s Sphaera glasses and will shift the camera […]

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

Perplexity launches Sonar, an API for AI search

21 January 2025 at 12:39

Perplexity on Tuesday launched an API service called Sonar, allowing enterprises and developers to build the startup’s generative AI search tools into their own applications. β€œWhile most generative AI features today have answers informed only by training data, this limits their capabilities,” Perplexity wrote in a blog post. β€œTo optimize for factuality and authority, APIs […]

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

Trump targets EV charging funding programs Tesla benefits from

21 January 2025 at 12:15

President Donald Trump is trying to halt the flow of funding for EV charging infrastructure from two programs that have benefited Tesla β€” the latest example of how Elon Musk’s political interests seem to be at odds with his car company’s goal of advancing sustainable energy. It’s not a given that Trump’s gambit will succeed. […]

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Spotify’s educational audio courses could be coming to US

21 January 2025 at 10:39

Spotify is expanding its streaming service to now include educational courses in addition to music, podcasts, and audiobooks. The company on Tuesday referenced one of its newer features called courses, which allow users to learn about topics in areas like business, tech, lifestyle, music, and more. The feature is initially being piloted in the U.K., […]

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

Trump moves to sink offshore wind

21 January 2025 at 10:37

President Trump signed an executive order that halted federal leases for offshore wind development on the outer continental shelf.

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

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