LinkedIn fined $335 million in EU for tracking ads privacy breaches
Bad news for LinkedIn in Europe where the Microsoft-owned social network has been reprimanded and fined €310 million for privacy violations related to its tracking ads business. The administrative penalties, which are worth around $335 million at current exchange rates, have been issued by Ireland’s Data Protection Commission (DPC) under
Read moreVinted hits $5.4B valuation amid wave of secondary share sales in Europe
Lithuania’s Vinted has secured a new valuation of €5 billion (around $5.4 billion at current exchange rates), after the second-hand fashion marketplace closed a secondary share sale worth €340 million ($367 million). The transaction was led by private equity giant TPG, with other new participants including Baillie Gifford, FJ Labs,
Read morePerplexity launches a native Mac app
AI-focused search startup Perplexity launched its native Mac app today to compete with other AI apps like OpenAI’s ChatGPT and Quora’s Poe app — the latter aggregates different large language models. Perplexity had teased the app earlier this month and asked users to sign up for pre-orders so they get
Read moreIntel’s $1.45 billion EU antitrust fine is officially history
A €1.06 billion EU antitrust penalty on chipmaker Intel for abuse of dominance dating back to 2009 (when it was equivalent to $1.45 billion) has been consigned to the history books after the bloc’s top court rejected the Commission’s appeal against a 2022 lower court ruling that annulled the sanction.
Read moreSpotify adds auto-moderation tool to help podcasters manage comments
Spotify in July started letting listeners comment on podcast episodes on the app, and the company is now rolling out a new set of controls to help podcasters manage and moderate comments. When comments were first launched, podcasters initially had to review comments and publish them. Now, the platform has
Read moreCryptocurrency Mobile Money Integration in 6 African Nations
Binance, a blockchain and cryptocurrency infrastructure provider, is continuing to drive innovation and expand access to cryptocurrency in Africa. Now allowing users in Benin, Cameroon, Ivory Coast, the Democratic Republic of the Congo (DRC), Togo, and Senegal to buy cryptocurrency directly via mobile money payments enabled by local partnerships. Samantha
Read moreRaspberry Pi releases more AI-focused add-ons
The Raspberry Pi AI HAT+ comes in 13 and 26 tera-operations per second (TOPS) variants, retailing at $70 and $110 respectively. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreNvidia signs a slew of AI-related deals in India
Nvidia is embarking on a series of partnerships with Indian firms to deploy its AI chips and technology, deepening its push into a key growth market. The U.S. chip designer’s CEO, Jensen Huang, said the company has partnered with Reliance, India’s most valuable company, to build AI infrastructure in India.
Read moreCash collection startup Upflow also wants to handle B2B payments
Upflow, a French startup we’ve been covering for quite a while, originally focused on managing outstanding invoices. The company is now announcing a shift in its strategy to become a B2B payment platform with its own payment gateway to complement its accounts receivable automation solution. Like many software-as-a-service products, Upflow
Read morePinterest faces EU privacy complaint over tracking ads
When it comes to privacy nightmares, Pinterest is unlikely to be the first social app that springs to mind. But the visual discovery engine’s use of tracking ads is the target of the latest complaint from European privacy rights non-profit noyb, which accuses it of breaching the bloc’s General Data
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