Author: TechBrunch

Revolut, a $45 billion neobanking startup founded in the UK, may have put its IPO plans on ice, but its balance sheet looks pretty hot. The company reported a net profit of $1 billion (£790 million) in 2024, although its customer base rose 38% to 52.5 million, according to its annual report. Revenues rose 72% annually to $4 billion (£3.1 billion). The message here is one of the strong growth overall. This is the fourth year in a row that I have been with Black people in Revolut. 2024 was a big year for the company. It more than doubled…

Companies like Google and Microsoft have their productivity suites equipped with AI capabilities and assistants, while startups like Clickup and Readai have focused on building AI integration and search capabilities. On Thursday, Dropbox upgraded Dash, the AI ​​search tool that was first introduced in 2023. The company is adding “understanding” AI for different types of content to Dash. This means that users can search through audio, video and images in addition to text. The company also allows users to search for people who have worked on a particular project or search for subject experts. . Last year, Dropbox announced Dash…

For years, the website contained information about what crawlers were not permitted on the site using the Robots.txt file. Adobe, who wants to create a similar standard for images, has added a tool to include credentials, with the intention of giving you a little more control over what is used to train AI models. The main challenge may be to convince AI companies to actually adhere to Adobe standards. It's already known, especially given that AI crawlers are already known to ignore requests for Robots.txt. file. Content credentials are the metadata information for media files used to identify reliability and…

Government censorship has found its way to BlueSky, but now there are loopholes thanks to the structure of social networks.Earlier this month, a recent report by the Freedom of Expression Association found that at the request of Turkish government authorities it restricted access to 72 Turkey accounts. As a result, Turkish people will no longer be able to view these accounts, and their reach is limited. The report shows that 59 Blueski accounts have been blocked on the grounds of protecting “national security and public order.” Bruski also created 13 more accounts, with at least one post not visible from…

The new venture company aims to prove that the ideas of the most successful startups do not need to be born or expanded in Silicon Valley. A global early stage fund, Fluent Ventures replicates proven business models from the Western markets of FinTech, digital health and commercial across emerging markets. More ironically, we might describe this as a clone factory, but founder and managing partner Alexandre Lazarow calls the company's strategy “geographical alpha.” The premise of Fluent is that many of the world's most valuable startups are not entirely new concepts that have never been tried before, but rather more…

A few months after first testing ads in select markets, including the US, Meta announced on Wednesday that the Instagram thread app will expand its ads to all advertisers around the world. The expansion will allow eligible advertisers to “reach over 320 million monthly active users, including access to inventory filters to control the sensitivity level of content on which ADS is run. The company says new ad placement within the Threads feed will be turned on by default for all new ad campaigns using either Meta's Advantage+ or Manual Placements. However, advertisers with the latter plan have the option…

Khosla Ventures Backed Fireflies.ai released a set of domain-specific “mini apps” on Wednesday, Wednesday, a note-taking app powered by AI, which extracts insights from automatically filling transcripts. The wide availability of automated speech recognition models and generation AI has registered impressive growth by meeting intelligence startups like Otter, Read Ai, Circleback, Krisp, and Granola. Similarly, Firefly sees an eight-fold increase in users, achieving profitability, according to co-founder and CEO Krish Lamineni. To further drive growth, startups have released over 200 mini apps within the platform for a variety of roles and use cases, including sales, marketing, recruitment, operations, management, customer…

WhatsApp announced on Wednesday it will launch a new feature that will allow users to add an additional layer of privacy to their chats. With the new “Advanced Chat Privacy” settings, you will not be able to export chat and auto-download media to your mobile phone. This setting prevents users from mentioning meta AI or asking meta AI questions in messages. The idea behind this feature is to give everyone in the group a sense of security that no one else takes what is shared and can't do what they say outside of the chat. It is worth noting that…

According to the Wall Street Journal, the European Union fined Apple 500 million euros (approximately $568 million) and Meta €200 million euros (approximately $227 million). The EU accused Apple of failing to comply with its obligation to allow app developers to notify customers of alternative ways to purchase digital products. Regarding Meta, the EU has said it must stop asking its Instagram and Facebook users to agree to personalized ads or be forced to pay for subscriptions. The committee is deciding whether to accept Meta's “less personalised advertising” option. Both Apple and Meta have said they will appeal the EU's…

California health insurance giant Blue Shield has notified millions of people of data breach. The company confirmed Wednesday that it had been sharing patient private health information with Tech and advertising giant Google since 2021. The insurance company said data sharing was suspended in January 2024, but in February this year they learned that long-standing collections contain patient personal and sensitive health information. Blue Shield used Google Analytics to track how customers used the website, but misconceptions also allowed them to collect personal and health information, such as the search terms that patients used to find health care providers on…