Subscribe to Updates
Subscribe to our newsletter and never miss our latest news
Subscribe my Newsletter for New Posts & tips Let's stay updated!
Author: TechBrunch
Crusoe Energy, a startup building data centers reportedly leased from Oracle, Microsoft and OpenAI, is raising $818 million, according to an SEC filing. Crusoe has secured $686 million of the total $818 million it hopes to raise, according to the filing. According to the filing, 70 investors have invested in this tranche so far. “Companies in the growth stage are constantly interacting with investors,” a Crusoe spokesperson told TechCrunch. The Financial Times reported earlier this year that Crusoe was in talks to raise about $500 million in a funding round led by Peter Thiel's Founders Fund, with participation from Felicis…
Following several complaints about the algorithm, Meta X competitor Instagram Threads is making changes to allow you to see more content from people you follow in your algorithm feed. Instagram head Adam Mosseri said in a thread that the social network has adjusted its algorithm to show less content from accounts it doesn't follow. “We're rebalancing our rankings to prioritize content from people you follow. That means starting today, we'll see less recommended content from accounts you don't follow and more content from people you follow. You will see more posts from accounts you follow,” Mosseri wrote in the post.…
This morning, around 7 a.m. Pacific Time, social media platform Reddit experienced yet another outage, following on from yesterday afternoon's outage. Thousands of users are currently unable to access the company's website or app. As of this writing, 51,221 users have reported issues on Downdetector.com, and 47,000 users reported issues yesterday. According to Reddit's status page, the platform's performance is slowing down. A spokesperson told TechCrunch: “The updates we made caused instability. We're back on track and are seeing Reddit gain momentum again.” I discovered my first failure yesterday when trying to access the home page. The following message appeared…
Spotify is enhancing the audiobook experience for premium users through three new experiments: the ability to add video clips, author pages, and visuals that appear while users listen. These efforts are part of Spotify's commitment to improving our audiobook offering and bringing listeners closer to their favorite authors and stories. One of the notable features being introduced is the option for authors or publishers to submit short videos of up to 30 seconds for audiobooks. Videos can include anything from snippets of interviews to behind-the-scenes footage of the audio recording process and even messages from the author. The introduction of…
Wiz, one of the most talked about companies in the world of cybersecurity, is making major acquisitions to expand its product range in cloud security, especially for developers. It will acquire Dazz, a specialist in security remediation and risk management. The deal is worth $450 million in cash and stock, sources said. This is the start of the startup's last round of funding. In July, we reported that Dazz had raised $50 million at a post-money valuation of just under $400 million. Remediation and posture management (two areas of focus for Dazz) are key services in the cybersecurity market, but…
Malicious hackers may have infiltrated thousands of organizations by exploiting two new zero-day vulnerabilities found in widely used software developed by cybersecurity giant Palo Alto Networks. Palo Alto Networks security researchers announced Wednesday that they have observed “limited exploitation activity” related to two vulnerabilities in PAN-OS, the operating system that runs on all Palo Alto next-generation firewalls. These bugs are considered zero-days because the company didn't have time to release a patch before the bugs were exploited. The company announced that it has confirmed exploitation of two bugs, including CVE-2024-0012. CVE-2024-0012 allows an attacker with network access to the administrative…
Electric passenger ship startup Candela closed on its latest funding with another $14 million, announcing Thursday that it has sold its first ferry to Lake Tahoe in the United States. Candela manufactures a range of all-electric hydrofoils. This means that as speed increases, the body of the boat lifts out of the water with its fins. Although this looks a little unstable, it's actually quite stable (I've flown it myself) and helps reduce water drag, increase range, and smooth out the ride. . Earlier this year, the Swedish company raised $25 million in a Series C round to, among other…
Tubi, the free, ad-supported streaming service owned by Fox, announced new features aimed at differentiating itself from rivals like Pluto TV and Roku Channel and putting it in closer competition with short-form video. . Sharing platforms like Instagram Reels, TikTok, and YouTube Shorts. The feature, called “Scenes,” allows viewers to watch “Django Unchained,” “Drumline,” “I Am Legend,” “Jumanji,” “The Amazing Spider Man,” and more. The goal is to increase user engagement and discoverability of your content. Users discovered the Scenes test in August, but it's now open to everyone. The Scenes feature is available on the Tubi mobile app for…
AI may be the hottest thing since sliced bread. But that doesn't mean it's easier to develop and run. According to a recent Boston Consulting Group poll, 74% of organizations struggle to derive value from their AI investments. William Falcon, creator of the popular open source AI framework PyTorch Lightning, says one of the biggest mistakes companies make is underestimating the amount of work involved in AI orchestration. Masu. “Currently, building your own AI platform is like building your own Slack: it's complex, expensive, and not core to your business,” he told TechCrunch. “The value for enterprises lies in their…
Last-mile delivery, the final step in the delivery process, is a common challenge for businesses. According to one study, nearly 90% of retailers struggle with last-mile delivery operations due to technical issues, cost, or a combination of both. Bill and Lisa Catania understand this all too well. The husband-and-wife team founded OneRail, a last-mile delivery solutions business, in 2018. Bill previously founded digital coupon company M-Dot Network, which was acquired by retail transaction processing organization Inmar in 2011. An avid stock racing fan, Bill also previously managed a web property that syndicated horse racing news and results to media partners.…