Author: TechBrunch

These days, more and more satellites orbit the atmosphere, providing vast amounts of geospatial data, but converting that data into something useful requires significant processing and engineering power. Sina Kashuk and Isaac Brodsky, two former Uber engineers who helped build the mapping system at Uber, decided to apply their knowledge to this problem and came up with a fast, serverless-based solution. It was a product. leverages open source tools built by the company to take data from the source, bring it into apps, and make it work there. Today, the startup has emerged from stealth using the Fused platform and…

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Many of Meta's top social apps, including Facebook, Instagram, and the new app Threads, are all reportedly experiencing outages as of Tuesday morning. When loading an app or website, users receive an error message that says “Something went wrong” and must try again later. Or, for Facebook, you'll see a landing page where you're logged out, but you can't sign in either. If you are using the correct password. [Update, 12:11 PM ET: The apps appear to be working again. Meta said at 12:19 PM ET that the issue was ‘technical’ in nature.] The issue appears to have started sometime…

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The US government on Tuesday announced sanctions against the founder of the notorious spyware company Intellexa and one of his business partners. This is the first time that the U.S. government has targeted specific individuals in addition to companies with sanctions related to the misuse of commercial spyware. And this means an intensification of efforts by the White House and the US government to rein in the spyware industry. Brian E. Nelson, the U.S. Treasury Department's Under Secretary for Terrorism and Financial Intelligence, said: “Today's action is concrete progress in stopping the misuse of commercial surveillance tools that increase security…

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It's been a busy year so far for Bitcoin, the largest cryptocurrency by market capitalization, and we're only in March. The digital currency soared above $69,000 on Tuesday morning, rising above $69,000 on Tuesday morning as demand surged in recent weeks following the approval of a Spot Bitcoin ETF in the U.S. and the pending Bitcoin halving in late April. This is the highest value since then. Bitcoin is up more than 60% for the month and about 205% for the year, according to data from CoinMarketCap. The total cryptocurrency market capitalization of all tokens increased by 18% to $2.55…

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London-based fintech company Monzo has raised $430m (£340m) in a late-stage funding round, confirming a report in the Financial Times a few weeks ago. Following this round, the company's post-money valuation reached $5bn (£4bn). Founded in 2015, Monzo offers UK current accounts, debit cards and several financial products with a digital-first approach. Today's investment is important information because large funding rounds have become rare over the past year or so unless you're working on an AI-based model. As a reminder, Atomico's latest report on the state of technology in Europe estimates that startup funding will grow to $45 billion in…

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Waze introduces several new features to help users navigate tricky roundabouts, receive alerts when speed limits are about to change, and receive warnings about speed bumps and sharp turns. Adding. The Google-owned company also makes it easier for users to find parking information, see changes to their favorite routes, and receive alerts when emergency vehicles stop on their route. With the help of Waze community members, drivers now have clarity on when to enter a roundabout, which lane to choose, and where to exit so they don't miss their turn. This feature is especially useful if you are not familiar…

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Using a major cloud computing provider is convenient, but it doesn't come cheap. Ubicloud, a startup founded by the team at Citus Data, which Microsoft acquired in 2019, offers a layer of core cloud computing services on top of affordable bare metal servers from providers like Hetzner, OVH Cloud, and Leaseweb. By doing so, we hope to change this situation. And AWS. This includes managed services and an open source version that allows developers to build their own clouds on top of bare metal providers. Currently, Ubicloud provides prerequisite networking capabilities for creating public and private virtual networks, as well…

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AI

Generative AI is firmly in control of public technology discussions today. His new San Francisco startup called Ema believes it's more than just a passing fantasy. The company has emerged from stealth today with its eponymous product, which it believes will open a new chapter in how AI, especially generative AI, will change the way we work. “Our goal is to create a universal AI workforce,” CEO and co-founder Surojit Chatterjee said in an interview. “Our goal is to automate the mundane tasks that employees do every day in every company, freeing them up to do more valuable, more strategic…

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Binance announced in a blog post today that it will discontinue its Naira (NGN) service in response to increased regulatory oversight in Nigeria. The cryptocurrency exchange plans to begin delisting existing NGN spot trading pairs by Thursday, March 7th, and encourages users to withdraw, trade, or convert their NGN assets to cryptocurrencies before the end of service. There is. NGN balances remaining in users' Spot and Funding wallets will be converted to USDT on Friday, March 8, the company said. By Wednesday, March 6th, Binance plans to delist the NGN service in its automated investment tool and remove the currency…

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AI-powered video generation has become a hot market following OpenAI's Sora model released last month. Deepmind alumni Yishu Miao and Ziyu Wang have publicly released Haiper, a video generation tool with a unique AI model. Miao, who previously worked on TikTok's Global Trust & Safety team, and Wang, who has worked as a researcher at both Deepmind and Google, started working on the company in 2021 and officially incorporated it in 2022. The two have expertise in machine learning and started working on the problem of 3D reconstruction using neural networks. After training on video data, Miao said in his…

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