Technology news from around theworld. Find out what’s happening and why it matters
With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home. CNBC first reported on Perplexity’s interest. A source with knowledge of the offer confirmed to TechCrunch that Perplexity (whose CEO Aravind Srinivas is pictured above) has submitted a bid to […]
Perplexity AI submits bid to merge with TikTok Read More »
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, Microsoft’s backing of OpenAI and Amazon and Alphabet/Google’s partnerships with Anthropic. “The FTC’s report sheds light on how partnerships by big tech firms can create lock-in,
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns Read More »
Welcome back to Week in Review. This week, we’re looking at the impacts of the looming TikTok ban in the U.S., including the “TikTok refugees” moving to Chinese app RedNote, the surge of English speakers learning Mandarin on Duolingo, and more! Let’s get into it. The Supreme Court upheld the law that will effectively ban
What we know about the TikTok ban Read More »
Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the
Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle Read More »
U.S. prosecutors have formally linked the arrest of a serving U.S. Army soldier in December to a massive theft of U.S. phone records from AT&T and Verizon last year. Authorities arrested Cameron John Wagenius, a U.S. Army communications specialist, in Texas on December 20 following a brief two-page grand jury indictment accusing the U.S. serviceperson
DOJ confirms arrested US Army soldier is linked to AT&T and Verizon hacks Read More »
It remains unclear whether TikTok will still be available in the United States on Sunday, with the company claiming that President Joe Biden’s outgoing administration needs to offer “definitive” assurances that it won’t enforce a ban. On Friday, the Supreme Court upheld a law that would effectively ban TikTok in the US if the app’s
TikTok says it will go dark Sunday unless Biden offers ‘definitive statement’ Read More »
On January 7, at 11:10 p.m. in Dubai, Romy Backus received an email from education technology giant PowerSchool notifying her that the school she works at was one of the victims of a data breach that the company discovered on December 28. PowerSchool said hackers had accessed a cloud system that housed a trove of
How victims of PowerSchool’s data breach helped each other investigate ‘massive’ hack Read More »
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court. The company said in a press release published late Friday that it was “in discussions with foreign sources of capital” that proved unsuccessful, and also
EV startup Canoo files for bankruptcy and ceases operations Read More »
Amazon has paused testing of its delivery drones following a crash involving two of its models, according to Bloomberg. It’s the latest setback for Amazon’s beleaguered Prime Air program, which aims to deliver around 500 million packages a year to customers by the end of the decade. Bloomberg reports two Amazon drones crashed in rainy
Amazon suspends U.S. drone deliveries following crash at testing facility Read More »
The U.S. government wants to prove that Google’s competitors face overwhelming barriers to entry as part of its antitrust case against the tech giant. So it’s turning to ChaptGPT’s head of product, Nick Turley, to testify as a witness in hopes he will help fortify its case. In a landmark ruling last August, a court
ChatGPT’s head of product will testify in the US government’s case against Google Read More »
