Fintech CRED secures in-principle approval for payment aggregator license
CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster. The Bengaluru-headquartered startup, valued at $6.4 billion, received the in-principle approval from the Reserve Bank
Read moreInternet users are getting younger; now the UK is weighing up if AI can help protect them
Artificial intelligence has been in the crosshairs of governments concerned about how it might be misused for fraud, disinformation and other malicious online activity; now in the U.K. a regulator is preparing to explore how AI is used in the fight against some of the same, specifically as it relates
Read moreHugging Face releases a benchmark for testing generative AI on health tasks
Hugging Face has published a new leaderboard and benchmark for evaluating generative AI models on health-related tasks and questions. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreTesla still plans to build 1,800-mile charging corridor for semi trucks despite Biden funding snub
Tesla is pushing forward with a plan to build an electric big rig charging corridor stretching from Texas to California, despite being snubbed by a lucrative federal funding program that’s part of President Biden’s Bipartisan Infrastructure Law. But the original scope of the project could still change, TechCrunch has learned.
Read moreRobots can make jobs less meaningful for human colleagues
Much has been (and will continue to be) written about automation’s impact on the jobs market. In the short term, many employers have complained of an inability to fill roles and retain workers, further accelerating robotic adoption. The long-term impact these sorts of sweeping changes will have on the job
Read moreIbotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares
Ibotta began it’s path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from its proposed range of $76 to $84 per share. And this pop is despite boosting the size of its offering earlier in
Read moreLacework, last valued at $8.3B, is in talks to sell for just $150M to $300M, say sources
Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last funding round — is in talks to be acquired by another security player, Wiz, for a price of just $150–$200 million. Sources
Read moreHackers are threatening to publish a huge stolen sanctions and financial crimes watchlist
The hackers say they have stolen 5.3 million records from the World-Check database, used by companies and banks for screening potential customers. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreHow to play Pokémon and other Game Boy games on your iPhone
Apple finally updated its App Store guidelines to allow global developers to host retro game emulators on iOS. Now, you don’t need to jailbreak your iPhone or download any sketchy software — you can get a sophisticated emulator right in the palm of your hand for free on the App
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