Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Sources
The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022.
Month: July 2024
Meta’s Quest 3 ‘Layout’ app lets you take measurements in mixed reality
Image: Meta Meta is launching an app for its Quest 3 headsets that lets you take measurements and visualize changes in your home. The utility app, called Layout, will appear in the Quest 3 library as part of the v68 update. Meta says you can use Layout to measure furniture around your home, allowing you … Read more
Bitcoin Price Correction Sees BTC Dip Below $66,000
A sustained rebound might trigger a short squeeze, wrote one analyst, who said there’s an accumulation of short positions between $67,000 and $70,000.
Digital euro to be ‘most private electronic payment option’
Since the inception of the digital euro, many critics have called the proposed digital currency a surveillance tool.
Olympic men’s triathlon postponed due to river pollution
Paris 2024, before the triathlon, view of the Seine with the grandstands and the Eiffel Tower in the background. | Photo: Getty Images The men’s triathlon event at the Paris Olympics was postponed today because of pollution levels in the Seine, where the swimming leg of the event was supposed to be held. Now, the … Read more
EU calls for help with shaping rules for general purpose AIs
The EU has kicked off a consultation on rules that will apply to providers of general purpose AI models under the bloc’s AI Act. © 2024 TechCrunch. All rights reserved. For personal use only.
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Trezor’s first hardware wallet turns 10: But is it still any good?
A decade ago, Trezor’s first-ever hardware wallet was retailed for up to $1,800. It is still intact and supported in Trezor’s software ecosystem.
Siddhi Capital grabs $135M for Fund II to invest in consumer packaged goods startups
Siddhi Capital’s second fund of $135 million is double the size of the venture capital firm’s first fund and will go into CPG and food tech startups. © 2024 TechCrunch. All rights reserved. For personal use only.
Intuit uses Amazon Bedrock and Anthropic’s Claude to explain taxes in TurboTax to millions of consumer tax filers
Intuit is committed to providing its customers innovative solutions that simplify complex financial processes. Tax filing can be a challenge, with its ever-changing regulations and intricate nuances. That’s why the company empowers millions of individuals and small businesses to comprehend tax-related information effortlessly and file with full confidence that their taxes are done right. For the … Read more
The history of Roku and the fight over CarPlay
Image: Alex Parkin / The Verge Before Roku was a leading player in the streaming wars, with that ubiquitous purple screensaver and a library of original content and practically every streaming app you could possibly imagine, it was a Netflix gadget — the first Netflix gadget, for that matter, and the one that helped start … Read more
Blackbird Introduces Crypto Payments at NYC’s Hottest Restaurants
The app, which is built on Base, has rolled out a new house account system for restaurants that runs on a native cryptocurrency and a new blockchain.
Perplexity details plan to share ad revenue with outlets cited by its AI chatbot
Perplexity AI will soon start sharing advertising revenue with news publishers when its chatbot surfaces their content in response to a user query, a move that appears designed to assuage critics that have accused the startup of plagiarism and unethical web scraping. Dmitry Shevelenko, Perplexity’s head of business, told TechCrunch that the company was actually … Read more
Irys launches layer-1 programmatic data blockchain
The price of storing data directly on the blockchain is extremely prohibitive for most users, leading to an overreliance on traditional IT.
Perplexity is cutting checks to publishers following plagiarism accusations
Image: The Verge Perplexity is launching a program to share ad revenue with publishing partners following weeks of plagiarism accusations. Perplexity’s “Publishers’ Program” has recruited its first batch of partners, including prominent names like Time, Der Spiegel, Fortune, Entrepreneur, The Texas Tribune, and Automattic (with WordPress.com participating but not Tumblr). Under this program, when Perplexity … Read more
Dashlane says passkey adoption has increased by 400 percent in 2024
Image: Dashlane Password manager Dashlane has released a new passkey report that gives us some idea of how many people are adopting the cryptographic passwordless logins. According to the report, Dashlane has seen a 400 percent increase in passkey authentications since the beginning of the year, with 1 in 5 active Dashlane users now having … Read more
Router Launches Mainnet, as More Projects ‘Abstract’ Away Blockchains
Router Chain is supposed to reduce the complexities of cross-chain interactions and make the development of dapps easier to use.
Polychain, Lightspeed Lead $7M Fundraise for Math Olympian’s Blockchain-Based AI Platform
Hyperbolic’s blockchain-based cloud platform aims to make AI affordable to startups, researchers and builders squeezed by surging GPU prices.
Blackbird, Web3 Startup From Resy Co-Founder, Wants Diners to Pay for Meals in Crypto
Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird’s restaurant rewards system.
Elon Musk Says There’s ‘Some Merit’ in Bitcoin and He Has a ‘Soft Spot’ for Dogecoin
The Tesla CEO said has a “soft spot” for Dogecoin because “I like dogs and memes,” he said in a recent interview.
Tether dominates with $113B post-SVB collapse — IntoTheBlock
Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard.
Fertility tracking app Flo Health raises $200M at a $1B+ valuation
Femtech, or tech that leverages innovations in AI, smartphones and connected wearables to give women more insights into reproductive and menstrual health, continues to gain momentum with users, and investors are following. London-based Flo Health, a fertility-focused period-tracking app, on Tuesday said it has raised a $200 million Series C from General Atlantic. The funding … Read more
Meta is rolling out its AI Studio in the U.S. for creators to build AI chatbots
Meta said Monday that it is rolling out its AI studio to all creators in the U.S. to let them create personalized AI-powered chatbots. The company first announced the AI Studio last year, and started testing it with select creators in June this year. Meta is making the tool available to all creators, who can … Read more
Russia Might Soon Legalize Crypto for International Settlements
The new legislation also addresses Russia’s sizable crypto mining industry, which the finance ministry says ranks as the third-largest in the world.