Ex-Network International execs raise $6M for Enza, an African fintech serving banks

Over the past decade, Dubai-based Network International has become one of the dominant payment processors across the Middle East and Africa, thanks in part to a pair of acquisitions. However, many large incumbents can fall prey to slower innovation, opening the door for smaller, faster-moving startups. The latest development is Enza, a fintech founded in … Read more

DNA testing company 23andMe files for bankruptcy protection, CEO resigns

Genetics testing company 23andMe has filed for Chapter 11 bankruptcy protection in the U.S. to initiate the sale of its assets. Alongside the announcement, the company’s co-founder and CEO Anne Wojcicki separately said she is leaving the company to become an independent bidder for the company. “After a thorough evaluation of strategic alternatives, we have … Read more

Buy now, pay later . . . for a burrito?

In 2010, a programmer who was mining bitcoin famously made the comically expensive mistake of spending 10,000 bitcoin on two pizzas. As of this writing, those coins would be worth $850 million dollars. While there are few comparisons to that kind of miscalculation, the prospect of adding interest payments to fast-food orders is raising concerns … Read more

Barack Obama joins Bluesky

Social network Bluesky, an alternative to X built on open source technologies, has scored a big win in terms of attracting notable users to its platform. The company on Sunday confirmed that former president Barack Obama has joined its service. Bluesky OOO Rose Wang replied to a post where someone wondered if the account posting … Read more

Browser Use, the tool making it easier for AI ‘agents’ to navigate websites, raises $17M

We may not have an agreed-upon definition of AI “agent” yet, but a multitude of startups want to create “agentic” tools to automate various tasks online. One such firm, Browser Use, has attracted a ton of interest from developers and investors thanks to its solution that makes websites more “readable” for AI agents. Browser Use … Read more

Charlie Javice trial becomes a master class in hubris for both sides

Charlie Javice’s high-profile fraud trial has become a showcase of embarrassing missteps on both sides, with eyebrow-raising details about how JPMorgan Chase was allegedly deceived into buying her startup, Frank, for $175 million when it had just 300,000 customers instead of four million. Per a new WSJ article, one pivotal moment came when former Frank … Read more

Week in Review: Google buys Wiz 

Welcome back to Week in Review! We’ve got tons of stories to share from this week, like the greatest hits from Nvidia GTC; the NASA astronauts finally came home; Rippling’s lawsuit; and Google bought Wiz. Let’s get to it! Google finally does it: Google made its biggest acquisition in its history this week when it … Read more

The 20 hottest open source startups of 2024

A new report showcases the 20 top-trending open source startups around the world, more than half of which are closely aligned with AI. The report is the handiwork of European venture capital firm Runa Capital, which has operated the Runa Open Source Startup (ROSS) Index since 2020. The Index serves quarterly updates on the fastest-growing … Read more

Meta settles UK ‘right to object to ad-tracking’ lawsuit by agreeing not to track plaintiff

A human rights campaigner, Tanya O’Carroll, has succeeded in forcing social media giant Meta not to use her data for targeted advertising. The agreement is contained in a settlement to an individual challenge she lodged against Meta’s tracking and profiling back in 2022. O’Carroll had argued that a legal right to object to the use … Read more

Meta has revenue sharing agreements with Llama AI model hosts, filing reveals

In a blog post last July, Meta CEO Mark Zuckerberg said that “selling access” to Meta’s openly available Llama AI models “isn’t [Meta’s] business model.” Yet Meta does make at least some money from Llama through revenue-sharing agreements, according to a newly unredacted court filing. The filing, submitted by attorneys for the plaintiffs in the … Read more

Anthropic appears to be using Brave to power web search for its Claude chatbot

Earlier this week, Anthropic rolled out a web search feature for its AI-powered chatbot platform, Claude, bringing the bot in line with many of its rivals. It wasn’t immediately clear which search index might be powering the feature — one possibility was that Anthropic had developed its own. But evidence suggests it’s Brave Search, the … Read more

TechCrunch Mobility: Inside Waymo’s deal with SFO, Elon’s moment of truth, and BYD’s breakthrough

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Before we jump into the news, just a quick bit of housekeeping. I’m putting “This week’s wheels” on hiatus for a few weeks as I get into … Read more

Wayve CEO shares his key ingredients for scaling autonomous driving tech 

Wayve co-founder and CEO Alex Kendall sees promise in bringing his autonomous vehicle startup’s tech to market. That is, if Wayve sticks to its strategy of ensuring its automated driving software is cheap to run, hardware agnostic, and can be applied to advanced driver assistance systems, robotaxis, and even robotics.  The strategy, which Kendall laid … Read more

Microsoft is exploring a way to credit contributors to AI training data

Microsoft is launching a research project to estimate the influence of specific training examples on the text, images, and other types of media that generative AI models create. That’s per a job listing dating back to December that was recently recirculated on LinkedIn. According to the listing, which seeks a research intern, the project will … Read more

Commercial services platform BuildOps becomes a unicorn, raises $127M

Commercial services tech hasn’t historically been considered “sexy,” but the need for innovation in the space is enormous. That need has translated into a large fundraise for a company focused on streamlining commercial contracting processes. On Friday, BuildOps, which develops software for commercial services contractors, announced that it has raised $127 million in a Series … Read more

Google claims news is worthless to its ad business after test involving 1% of search results in eight EU markets

Google has reported the results of an experiment it ran which removed news from search results for 1% of users for 2.5 months in eight* markets in Europe — claiming the results show that news is essentially worthless to Google’s ad business. The search giant conducted the test because European copyright law requires it to … Read more

Apple faces lawsuit over Apple Intelligence delays

Apple has been sued in federal court over what plaintiffs allege is false advertising of several Apple Intelligence features. Filed Wednesday in U.S. District Court in San Jose, the suit seeks class-action status and damages on behalf of those who purchased Apple Intelligence-capable iPhones and other devices. Plaintiffs claim that device owners haven’t received the … Read more