Crypto VC exits were low in Q4 2023, Phantom MAU’s reach new highs and spot bitcoin ETF volumes are still rising
Welcome to TechCrunch Crypto, formerly known as Chain Reaction. This is our fifth edition with of course, regularly scheduled news bits, but also some recurring segments and features. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreOpenAI’s newest model Sora can generate videos — and they look decent
OpenAI, following in the footsteps of startups like Runway and tech giants like Google and Meta, is getting into video generation. OpenAI today unveiled Sora, a GenAI model that creates video from text. Given a brief — or detailed — description or a still image, Sora can generate 1080p movie-like
Read MoreApple confirms it’s breaking iPhone web apps in the EU on purpose
Well, it turns out it’s not a bug that broke iPhone web apps, also known as Progressive Web Apps (PWAs), in the EU. Following developer complaints and press reports about how PWAs were no longer functional in the EU after installing the most recent iOS betas, Apple has updated its
Read MoreWeb Design Trends to Watch in 2024
We survey some prevailing web design trends in 2024, from AI and futuristic minimalism to 3D immersion, dark mode and neumorphism. Continue reading Web Design Trends to Watch in 2024 on SitePoint.
Read MoreInadaquate ID authentication blamed for 2020 data thefts at Canada Revenue, ESDC
The theft of tax and employment records of 48,000 of Canadians four years ago was the fault of poor IT authentication security, says the country’s privacy commissioner. Attackers employed credential stuffing using previously stolen usernames and passwords to get into the IT systems of the Canada Revenue Agency (CRA) and
Read MoreJumia reduces losses by over 90% in Q4 amid focus on restoring order and GMV growth
In 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100 million to $120 million in Q1; $90 million to $100 million in Q2; and $80 million to $90 million in Q3, aiming for a 57% to 61% year-over-year reduction if met. The company exceeded these expectations and significantly outperformed
Read MoreCash App takes on Apple with a 4.5% APY for savings accounts (with direct deposit)
Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few
Read MoreSocialCrowd raises $1.6M pre-seed as venture interest in work software remains high
Launched in 2020, SocialCrowd is a SaaS platform that provides performance management software. © 2024 TechCrunch. All rights reserved. For personal use only.
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