Author: TechBrunch

More and more hackers are targeting regular people with the goal of stealing their crypto, perhaps getting into their bank accounts, or simply stalking them. These types of attacks are still relatively rare, so there’s no need for alarm. But it’s important to know what you can do to protect yourself if you suspect someone got into your email or social media account. A few years ago, I wrote a guide to help people protect themselves, and understand that most of the companies you have an account with already offer you tools to take control of your accounts’ security, even…

Read More
AI

There’s now a general consensus that generative AI will fundamentally transform business, and that companies and individuals that don’t get on board will soon be consigned to the dustbin of history. At the same time, as companies explore this technology more deeply, they will want evidence, real business metrics that show how AI is actually improving business performance and revenue. You can't (and shouldn't) just trust vendor promises, but it's hard to see a direct correlation between, say, Microsoft Copilot and overall business performance. So should CIOs just take it on faith? In this week's Clouded Judgement newsletter, investor Jamin…

Read More

Google's parent company, Alphabet, may be on the verge of making the biggest acquisition in its history. The Wall Street Journal reports that Alphabet is in talks to acquire Wiz for about $23 billion. The deal hasn't been finalized yet, but the WSJ reports it could be coming together soon. Wiz offers an all-in-one cloud security approach that ingests data from cloud platforms like Amazon Web Services, Microsoft Azure, and Google Cloud, and scans it all for security risk factors. Alphabet executives likely see the acquisition as a way to bolster Google's cloud business, which grew 28% to $9.57 billion…

Read More

The collapse and bankruptcy of BaaS fintech company Synapse has revealed just how treacherous things can become in the interdependent fintech industry when one of the key players runs into trouble. Synapse operated a service that allowed other companies, primarily fintechs, to incorporate banking services into their own offerings: For example, a software provider specializing in payroll for companies with many 1099 subscribers used Synapse to offer instant payments capabilities, while other providers used it to offer specialized credit and debit cards. The San Francisco-based startup has raised a total of just over $50 million in venture capital funding, including…

Read More
AI

While AI fatigue is real for some, venture capitalists are clearly not tired of the space. According to the latest data from Crunchbase, over $35.5 billion was invested in AI startups worldwide in the first half of 2024 alone. Five of the six venture capital rounds of over $1 billion raised in the first half of 2024 were by AI companies. Many other AI startups have also successfully raised mega rounds of over $100 million. U.S. startups raised two $1 billion rounds in the first half of the year, accounting for nearly two-thirds (64%) of mega rounds. Here are the…

Read More
AI

According to the letter obtained by The Washington Post, the whistleblower accuses OpenAI of imposing illegal restrictions on how its employees can communicate with government regulators. Lawyers representing the anonymous whistleblower sent a letter to Securities and Exchange Commission Chairman Gary Gensler, referencing a separate formal complaint calling on the SEC to investigate OpenAI's severance, non-disparagement, and confidentiality agreements. “The agreement prohibited or discouraged both employees and investors from contacting the SEC regarding securities violations, forced employees to waive whistleblower incentive and compensation rights, and required the company to notify them of any contacts with government regulators,” the letter said.…

Read More

Despite years of claims that the “death of email” is fast approaching, this decades-old method of communication still thrives in business – especially in the hacking business. Emails that appear legitimate but contain malicious links are one of the most dangerous yet effective methods used by cybercriminals and have led to some of the biggest hacks in recent years, including the breach of telecommunications giant Twilio in 2022 and the hack of social media platform Reddit last year. Sometimes these emails are easy to spot thanks to spelling mistakes or unusual email addresses, but as hackers become more sophisticated, it…

Read More
AI

AI agents are supposed to be the next big trend in AI, but there's no exact definition of what they are. At the moment, people can't agree on what exactly an AI agent consists of. Simply put, an AI agent uses AI-powered software to perform a set of tasks that a human customer service agent, HR professional, or IT help desk employee would have performed in the past, but ultimately could include any task. You ask an agent to do something, and they do it for you. They span multiple systems and do more than just answer questions. Seems simple…

Read More

Welcome to Startups Weekly, your weekly dose of the can't miss happenings from the startup world. Sign up here to receive it in your inbox every Friday. This week we look at an AI startup that wants to help people get more creative using video, Kudos, which raised $3 million to eliminate diaper rash, and VCs backing other VCs. This week's most interesting startup stories Image credit: Helsing Investors continue to pour dollars and euros into startups that help defend the world from aggressive nation states. Hellsing, a defense startup that uses AI to improve battlefield decision-making, has raised 450…

Read More
AI

New research is investigating whether AI can become an automated assistant in creative tasks, with mixed results: AI appears to help naturally less creative people write more original short stories, but it also weakens creativity across the group — a trade-off that may become increasingly common as AI tools influence creative endeavors. The study, by Anil Doshi of University College London and Oliver Hauser of the University of Exeter, was published in the journal Science Advances. While it is necessarily limited by its focus on short stories, it seems to support the opinion expressed by many: that while AI may…

Read More