Tumblr launches its semi-private Communities in open beta

Tumblr, the blogging site acquired twice, is launching its “Communities” feature in open beta, the Tumblr Labs division has announced. The feature offers a dedicated space for users to connect with others on different topics, outside of Tumblr’s main dashboard. The open beta comes six months after Communities launched in closed beta and represents a shift … Read more

The Chainsmokers light up Disrupt 2024

The dynamic duo behind the Grammy Award–winning music group the Chainsmokers, Alex Pall and Drew Taggart, are set to bring their entrepreneurial expertise to TechCrunch Disrupt 2024. Known for their chart-topping hits, Pall and Taggart have expanded their influence into the world of venture capital. In 2020, they launched Mantis Venture Capital, a firm managing … Read more

LumApps, the French ‘intranet superapp,’ sells majority stake to Bridgepoint in a $650M deal

Big news today for LumApps, the French startup that has described itself as an “intranet superapp” with a platform for building and provisioning internal communications and apps for workforces. The company — which is used by some 5 million people across 700 organizations — announced that Bridgepoint, the private equity investment firm, is taking a … Read more

Adani to battle Reliance, Walmart in India’s e-commerce, payments race, report says

India’s Adani Group is in discussions to venture into e-commerce and digital payments, according to a report, as the conglomerate seeks to diversify its portfolio and compete with Mukesh Ambani’s Reliance, Amazon and Walmart’s Flipkart and PhonePe. The energy-to-infrastructure giant Adani Group is considering applying for a license to operate on India’s Unified Payments Interface, … Read more

Ledger starts shipping its high-end hardware crypto wallet

Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet features an E-Ink display and has been designed in partnership with Tony Fadell, one of the main designers behind the iPod. E-Ink technology is generally … Read more

EU’s ChatGPT taskforce offers first look at detangling the AI chatbot’s privacy compliance

A data protection taskforce that’s spent over a year considering how the European Union’s data protection rulebook applies to OpenAI’s viral chatbot, ChatGPT, reported preliminary conclusions Friday. The top-line takeaway is that the working group of privacy enforcers remains undecided on crux legal issues, such as the lawfulness and fairness of OpenAI’s processing. The issue … Read more

LatAm startups: Apply to Startup Battlefield 200

Here’s a shoutout to LatAm early-stage startup founders! We want YOU to apply for the Startup Battlefield 200 at TechCrunch Disrupt 2024. But you’d better hurry — time is running out. The application window closes on June 10 at 11:59 p.m. PDT. LatAm — Join the Startup Battlefield 200 Startup Battlefield 200 (SB 200) is … Read more

5 days left to get your early-bird Disrupt passes

The countdown to early-bird savings for TechCrunch Disrupt, taking place October 28–30 in San Francisco, continues. You have just five days left to save up to $800 on the price of admission. The window closes on Friday, May 31 at 11:59 p.m. PDT. Grab your tickets today. Find the best early-bird pass for you Why … Read more

Doly lets you generate 3D product videos from your iPhone

AniML, the French startup behind a new 3D capture app called Doly, wants to create the PhotoRoom of product videos, sort of. If you’re selling sneakers on an online marketplace or need to create Instagram ads for your direct-to-consumer wares, Doly helps you generate 3D models with your phone and turn them into professional-looking product … Read more

Elon Musk’s xAI raises $6B from Valor, a16z, and Sequoia

Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, in one of the largest deals in the red-hot nascent space, as he shores up capital to aggressively compete with rivals including OpenAI, Microsoft, and Google. Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity, Prince Alwaleed … Read more

A venture capital firm looks back on changing norms, from board seats to backing rival startups

Last month, one of the Bay Area’s better-known early-stage venture capital firms, Uncork Capital, marked its 20th anniversary with a party in a renovated church in San Francisco’s SoMa neighborhood, where 420 guests showed up to help the firm to celebrate, trade tips, and share war stories. There’s no question the venture scene has changed … Read more

How Maven’s AI-run ‘serendipity network’ can make social media interesting again

Everything in society can feel geared toward optimization – whether that’s standardized testing or artificial intelligence algorithms. We’re taught to know what outcome you want to achieve, and find the path towards getting there.  Kenneth Stanley, a former OpenAI researcher and co-founder of a new social media platform called Maven, has been preaching for years … Read more

What are Google’s AI Overviews good for?

Google has been taking heat for some of the inaccurate, funny, and downright weird answers that it’s been providing via AI Overviews in search. AI Overviews are the AI-generated search results that Google started rolling out more broadly earlier this month, with mixed results — apparently, a user looking for help in getting cheese to … Read more