What is Amazon’s [redacted] ‘Project Nessie’ algorithm?
The FTC’s lawsuit against Amazon alleging anti-competitive practices is largely full of things we already knew in a general sense: price hikes, pressure to use Amazon fulfillment and so on. But then we get to a sea of redactions and the mysterious “Project Nessie.” What is it, and could it
Read moreSources: Palo Alto Networks in advanced talks to buy Talon and Dig in a $1B security sweep
Palo Alto Networks’ stock price has been on the rise on the back of strong earnings and growing demand for cybersecurity services, and now the company is using that momentum to do a little shopping. TechCrunch has confirmed with multiple sources that Palo Alto is in advanced negotiations to buy
Read moreTalkdesk conducts third round of layoffs in less than 14 months
Talkdesk, a company once valued at $10 billion that sells software to help large corporations improve customer service, has laid off more employees — the third round of cuts in less than 14 months. A Talkdesk spokesperson confirmed Tuesday via email that it had made “limited headcount reductions in a
Read moreOpenAI is reportedly raising funds at a valuation of $80 billion to $90 billion
OpenAI is in discussions to possibly sell shares in a move that would boost the company’s valuation from $29 billion to somewhere between $80 billion and $90 billion, according to a Wall Street Journal report citing people familiar with the talks. Employees would be allowed to sell their existing shares
Read moreYouTube relaxes advertiser-friendly guidelines around controversial topics, like abortion, abuse and eating disorders
YouTube today announced an update to its advertiser-friendly guidelines that relaxes some of its rules around controversial issues, including sexual and domestic abuse, abortions and eating disorders. The changes will allow YouTube creators to monetize their videos on these topics under some circumstances, though not if they go into graphic
Read moreFCC announces plans to reinstate net neutrality
Net neutrality is back on the menu, citizens. After a long, long battle ending in eventual defeat during Trump’s presidency, the FCC is set to reinstate rules that broadband providers must treat all traffic equally, giving no sweetheart deals to business partners or their own services. The effort to revive
Read moreOpen Robotics’ ROS is in safe grippers with Alphabet, says Intrinsic
The acquisition of Open Robotics received a mixed reception across the industry. “The aim of Intrinsic is to democratize the access to robotics,” says Wendy Tan White, CEO of Intrinsic.
Read moreSierra Space raises $290M at a $5.3B valuation
Sierra Space has raised $290 million in a Series B round to scale its Dream Chaser spaceplane and commercial space station projects, bringing its valuation to $5.3 billion. The company has now raised $1.7 billion to date, a record-setting figure for investment for a commercial space company, Sierra said in
Read moreWhy Solana, Polygon and Aptos expect the enterprise to drive mass adoption
As large enterprises enter the crypto space, there’s potential for “not only millions of users, but billions of users using web3 without even realizing it.”
Read moreTechCrunch+ Roundup: Slashing SaaS costs, FedNow’s ‘game changer,’ diverse cap tables
Software is a company’s third-largest expense, but because it’s spread across multiple departments, it’s the CFO’s responsibility to find places to cut.
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