The next fintech to go public may not be the one you expected
Welcome to TechCrunch Fintech! This week, we’re looking at Human Interest’s path toward an IPO, fintech’s newest unicorn, a slew of new fundraises, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The
Read MoreThe Waymo-Zeekr robotaxi has come to San Francisco
Waymo has started testing a new robotaxi built by Chinese electric automaker Zeekr on public roads in San Francisco. Waymo has “less than a handful” of the Zeekr vehicles in San Francisco today and isn’t driving them autonomously yet. Still, the fact that Waymo has hit the roads with a
Read MoreTechCrunch Minute: Where Kamala Harris stands on tech issues
This weekend, President Biden announced that he would suspend his campaign for president, and he endorsed his vice president, Kamala Harris. We still don’t know if she will ultimately be the candidate that goes toe-to-toe with Donald Trump in November, but we do know that Silicon Valley has opinions. Like
Read MoreCyabra, a startup helping companies and governments detect disinformation, plans to go public via SPAC
The transaction values Cyabra at $70 million, and the company expects the merger to close by the end of the year. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreThe 78 minutes that took down millions of Windows machines
Photo by Harun Ozalp / Anadolu via Getty Images On Friday morning, shortly after midnight in New York, disaster started to unfold around the world. In Australia, shoppers were met with Blue Screen of Death (BSOD) messages at self-checkout aisles. In the UK, Sky News had to suspend its broadcast
Read MoreThere’s a lot more to the Kamala Harris memes than you think
“You think you just fell out of a coconut tree?” says Vice President Kamala Harris in a now infamous clip. An overlay of the lime green album art for Charli XCX’s “Brat” flashes on the screen, while a remix of “Von Dutch” scores increasingly frenetic clips of Harris hysterically laughing
Read MoreGM’s Cruise abandons Origin robotaxi, takes $583 million charge
GM’s self-driving car subsidiary Cruise is scrapping plans to build the Origin — a purpose-built robotaxi with no steering wheel or pedals — and will instead use the next-generation Chevrolet Bolt in its operations. GM Chair and CEO Mary Barra told shareholders Tuesday the decision will “simplify their path to
Read MoreFTC is investigating how companies are using AI to base pricing on consumer behavior
The Federal Trade Commission announced on Tuesday that it’s ordering eight companies that offer AI-powered “surveillance service pricing” to turn over information about the potential impact these products have on privacy, competition and consumer protection. With this investigation, the agency is seeking to learn more about how artificial intelligence and
Read MoreR500 Million to Expand Broadband in Townships & Rural Areas
This financial year, Vodacom Eastern Cape plans to invest R500 million as part of its larger digital inclusion strategy to upgrade its network, enhance energy projects, and increase broadband coverage, especially in townships and rural areas. The majority of this investment will go toward updating network infrastructure, establishing new sites,
Read MoreThe Five Essential Components of Confidential AI
Artificial intelligence and confidential computing appear to be in a seemingly irresolvable tension: AI presents a latent threat to confidential computing, yet it can also aid in its implementation. The key solution to this contradiction is Confidential AI. This concept addresses AI by identifying major uncertainties and making them manageable,
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