Engineering giant Smiths Group says hackers accessed its systems during cyberattack
U.K.-based engineering giant Smiths Group has confirmed a cybersecurity incident involving “unauthorized access” to its systems. The London-listed company, which operates across multiple sectors including energy, security, aerospace and defense, said Tuesday that it is currently “managing” the incident. The company said it isolated affected systems and activated its business
Read moreUber-backed mobility fintech Moove acquires Brazil’s Kovi, takes ARR to $275M
Uber-backed Moove, an Africa-born mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers across six continents, has acquired Kovi, a Brazilian urban mobility provider. The value of the deal is not being disclosed, but Moove confirmed it was an all-share transaction, and Kovi is now wholly owned
Read moreChatGPT’s mobile users are 85% male, report says
The AI bubble hasn’t burst yet, at least when it comes to consumer spending on AI apps. Led by OpenAI’s ChatGPT, overall spending on AI apps jumped to $1.42 billion in 2024, according to app analytics firm Appfigures. This marks a 274% increase from 2023 (the app launched in May
Read moreNordVPN’s new feature gets around networks that block VPNs
Users should be able to browse more freely. albeit with a slower connection. | Image: NordVPN NordVPN has announced a new NordWhisper protocol that makes it easier to bypass networks that typically block VPN connections. The protocol operates differently from traditional VPN traffic patterns that can sometimes be detected by
Read moreMeteomatics eyes U.S. expansion for its enterprise-focused weather forecasting tools
Martin Fengler knows a lot about the weather. Fengler got his Ph.D. in mathematics, focused on numerical weather prediction, before working for Meteomedia AG, a network of weather stations in Switzerland and Germany. But while he knew a lot about weather forecasting from the prediction side, he realized the gaps
Read moreDeepSeek’s AI avoids answering 85% of prompts on ‘sensitive topics’ related to China
AI chatbot DeepSeek has taken the world by storm, topping app store charts and sending Silicon Valley and Wall Street into meltdown. An offshoot of Chinese hedge fund High-Flyer, DeepSeek’s cost-to-performance ratio makes for impressive reading compared to incumbents such as OpenAI. However, reports have increasingly documented some of the
Read moreFormance raises $21M to build the AWS for fintech infrastructure
If you talk to a fintech entrepreneur about their business, chances are they’ll end up talking about ledger issues at some point. A ledger is a record of money movements that serves as the source of truth for financial assets, but when a company starts having multiple bank accounts, payment
Read moreThis fintech has a fix for the biggest cross-border payments issues in Francophone Africa
Until a few years ago, it used to be difficult to make payments across borders almost anywhere in the world. But it’s still a big problem in Africa, where fragmented, disconnected systems, high fees, and poor infrastructure make it tough for businesses and individuals to move money quickly and affordably.
Read moreShared scooter startup Voi reports its first profitable year as it explores an IPO
Swedish shared micromobility giant Voi had its first profitable year in 2024, according to preliminary unaudited results the company shared exclusively with TechCrunch. Voi, which offers shared e-scooters and e-bikes across more than 100 markets in Europe, recorded €132.8 million ($138 million) in net revenue in 2024. On an adjusted
Read moreDeepSeek reaches No. 1 on US Play Store
Chinese AI lab DeepSeek's Android app has taken the No. 1 spot on the Google Play Store, days after the chatbot app clinched the top spot on the App Store. © 2024 TechCrunch. All rights reserved. For personal use only.
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