Author: TechBrunch

Start-up work and venture capital investments are typically judged through the lens of financial results. The bigger the startup, the more valuable it becomes. But some emerging technology companies are working to make the world a better place while making a profit. We want to see how far we can go in “doing good” without giving up on the important “making money” aspect of building a technology company. Glacier Co-Founder and CTO Areeb Malik, SkyRiver Ventures General Partner Hyuk-Jeen Suh, and Vibrant Planet CEO Allison Wolff discuss how startups can save the world at Disrupt 2024.Subscribe for more on YouTube:…

This story has been updated throughout with updated details as the story unfolds. We will continue to do so as litigation and disputes are ongoing. There is a lot of controversy going on in the world of WordPress, one of the most popular technologies for creating and hosting websites. The central issue is a dispute between WordPress founder and Automattic CEO Matt Mullenweg and WP Engine, which hosts websites built on WordPress. WordPress technology is open source, free, and powers a huge portion of the internet (approximately 40% of websites). Websites can host their own WordPress instance or use a…

The European Union will spend 1.4 billion euros (about $1.5 billion) next year to boost deep tech research and help scale up strategic areas such as AI, low-carbon technologies, agritech and biotech, the European Commission says. announced on Tuesday. The budget for the European Innovation Council's (EIC) 2025 work program, which is part of the European Innovation Council's flagship research program, the Horizon Europe research programme, has increased by nearly €200 million compared to last year. The European Commission highlighted several other “improvements” to the 2024 program, including improved access to scale-up equity funding through the EIC European Strategic Technology…

Eight years ago, Brian Garrett and his partners felt a tectonic shift. At the time, Crosscut Ventures, of which Garrett was co-founder and managing partner, had been investing in early-stage startups in Los Angeles and Southern California for nearly a decade. Although it was primarily focused on software companies, it began to shift its focus to hardware as more promising founders became attracted to it. “At that point, SpaceX was very established,” he told TechCrunch. “In most cases, people started to become independent from SpaceX because they rang the bell and sent supplies.” [into space] And I'm back. ” But…

Busy calendar apps tend to create a lot of buzz and then disappear after a while. Sometimes the company is acquired, and sometimes the company pivots to another business. That's not the case with Fantastical, a popular calendar app for macOS, iOS, and other Apple platforms. Originally released as a Mac app in 2011, the team behind Fantastical has improved the app with each update. Over the past 13 years, Flexibits, which runs Fantastical, has also released calendar apps on other Apple platforms. See the following calendar events on your Apple Watch. If you need spatial computing to focus on…

President Joe Biden's administration is finalizing rules to curb Chinese investment in AI and other technology sectors, Reuters reported. The rule, first proposed by the U.S. Treasury Department in June and directed by an executive order signed by President Biden in August 2023, targets certain AI systems, quantum information systems, semiconductors and microelectronics. . Specifically, the rule pertains to technologies that are core to military and surveillance systems, such as code-breaking computer systems and next-generation fighter jets. Starting January 2, investors will be able to offer funding and other “intangibles” such as management support and access to investment and talent…

MoneyGram, the money transfer giant, has replaced its CEO less than a month after the company confirmed that hackers had stolen large amounts of customers' personal information and transaction records in a data breach. MoneyGram announced in a statement Monday that it has appointed Anthony Sufu as its chief executive officer, effective immediately. Sufu succeeds Alex Holmes, who joined MoneyGram in 2009 and served as chief financial officer and then chief operating officer, and was named CEO and chairman in 2016. Holmes will remain as an advisor to the company's board of directors, the company said in a statement. In…

The AI ​​boom has led to a surge in demand for graphics processing units (GPUs). As many companies look to integrate AI technology into their systems, GPU infrastructure providers are helping businesses access the chips they need. In the latest development, San Jose-based GPU cloud infrastructure startup GMI Cloud has raised a Series A led by Headline Asia with participation from strategic investors including Thai energy company Banpu and Taiwan's Wistron. raised $82 million. An electronics company based in Banpu will provide power to GMI Cloud and Wistron will co-develop products with the startup. Alex Yeh, founder and CEO of…

The world of finance is always looking for signals, indicators that indicate opportunities to buy or sell in the market. Some may look for signals in expensive analyst reports, while others may find them in behind-the-scenes conversations with insiders. But investors sometimes need help finding these indicators that are hiding in plain sight. What Brightwave promises its AI agents will be able to spot are signals in public data. “There's a huge amount of unprocessed signals in the world right now,” Brightwave CEO Mike Conover (pictured above, right) told TechCrunch. “The core job of asset managers is to learn about…

Day 2 of TechCrunch Disrupt 2024 has arrived, and the energy from day 1 is still electrifying across San Francisco!  We’re only partway through the 250+ speakers, 200+ sessions, and 350+ exhibiting startups at Disrupt. As expected, yesterday saw over 10,000 tech enthusiasts, startup founders, and investors filling Moscone West with energy — we’re not slowing down this momentum! Gear up for another action-packed day filled with immersive experiences. Dive in, make meaningful connections, and enjoy your time at the pulse of the tech world. The tech scene is at its finest! It’s still not too late to join this…