Author: TechBrunch

Bankruptcy lawyers representing clients affected by the dramatic collapse of cryptocurrency exchange FTX 17 months ago say the majority of victims will get their money back, plus interest. The news comes as FTX co-founder and former CEO Sam Bankman Fried (SBF) was found guilty on seven counts related to fraud, conspiracy, and money laundering, and his client The announcement comes six months after nearly $8 billion in funds went missing. In March, SBF was sentenced to 25 years in prison and ordered to pay $11 billion in forfeitures. The crypto mogul filed an appeal last month that could last for…

Google on Wednesday launched its digital wallet in India with local integration, nearly two years after the app was relaunched as a digital wallet platform in the US. As TechCrunch exclusively reported last month, Google Wallet will operate in India alongside the existing Google Pay app and will remain the company's payments app in India. Google replaced its Pay app with Wallet in the US in February. “Google Pay is not going anywhere. Google Pay is our primary payments use case,” Ram Papatla, Google's general manager and Android India engineering lead, said at a press conference in New Delhi. “The…

Bluesky has announced its new product roadmap for the coming months. The decentralized social network announced Tuesday that it plans to introduce direct messaging, video support, custom feed improvements, and new moderation controls. The company said in a blog post that it is developing a direct messaging (DM) service that will be integrated into the Bluesky app, initially outside of the decentralized AT protocol (the protocol used by Bluesky), and will later develop DM on top of the protocol. Ta. . Bluesky said this initial version will facilitate one-on-one chats and give users controls to limit who they can DM.…

Samsung Medicine, the medical devices division of Samsung Electronics that specializes in developing diagnostic imaging equipment, on Wednesday acquired Sonio, a Paris-based startup that develops AI-powered software for ultrasound workflows, for approximately $92.7 million. announced plans to acquire the company for 126 billion won). ). The French startup's AI assistant aims to help obstetricians and gynecologists evaluate and document ultrasound exams, and has received U.S. regulatory clearance (FDA 510) for Sonio Detect, a product that uses deep learning algorithms. (k)) is also obtained. Improve the image quality of real-time ultrasound scans. Samsung Medicine said Sonio's software will help bring better…

Kyle Kuzma is a lot of things. He is a forward for the Washington Wizards NBA team and is also the 2020 NBA Champion. He's both a style icon and an angel investor, depending on who you ask. He also currently serves as an advisor to a venture fund. “I'm part of a new generation in the NBA,” Kuzma told TechCrunch in a phone interview. “For me, I've always been a hustler, someone who was very interested in business and would do anything just to establish generational wealth for my family. Going into a venture took it into another stratosphere.…

Ofcom is cracking down on Instagram, YouTube and 150,000 other web services to improve child safety online. A new Children’s Safety Code from the U.K. Internet regulator will push tech firms to run better age checks, filter and downrank content, and apply around 40 other steps to assess harmful content around subjects like suicide, self harm and pornography, to reduce under-18’s access to it. Currently in draft form and open for feedback until July 17, enforcement of the Code is expected to kick in next year after Ofcom publishes the final in the spring. Firms will have three months to…

Brandywine Realty Trust, a major U.S. real estate trust, has confirmed a cyber attack in which data was stolen from its network. Philadelphia-based Brandywine said in a regulatory filing Tuesday that the cybersecurity incident was unauthorized access to its internal IT systems and “deployment of encryption,” consistent with a ransomware attack. explained. Brandywine said the cyberattack disrupted the company's business applications that support its operations and corporate functions, including its financial reporting systems. The company said it believed it had shut down some of its systems and contained the activity. The company confirmed that the hackers exfiltrated files from its…

Brandywine Realty Trust, a major U.S. real estate trust, has confirmed a cyber attack in which data was stolen from its network. Philadelphia-based Brandywine said in a regulatory filing Tuesday that the cybersecurity incident was unauthorized access to its internal IT systems and “deployment of encryption,” consistent with a ransomware attack. explained. Brandywine said the cyberattack disrupted the company's business applications that support its operations and corporate functions, including its financial reporting systems. The company said it believed it had shut down some of its systems and contained the activity. The company confirmed that the hackers exfiltrated files from its…

After first announcing a suite of AI capabilities last October, Meta is rolling out an expanded set of generative AI tools for advertisers. Advertisers now not only create different backgrounds for their product images, but also complete images that provide AI-inspired ideas throughout the photo, such as riffs that update the subject of the photo or the product being promoted. You can also request variations. As an example, Meta modified an existing ad creative that featured a coffee cup next to coffee beans outdoors to show the cup from a different angle in front of the lush greenery and coffee…

After first announcing a suite of AI capabilities last October, Meta is rolling out an expanded set of generative AI tools for advertisers. Advertisers now not only create different backgrounds for their product images, but also complete images that provide AI-inspired ideas throughout the photo, such as riffs that update the subject of the photo or the product being promoted. You can also request variations. As an example, Meta modified an existing ad creative that featured a coffee cup next to coffee beans outdoors to show the cup from a different angle in front of the lush greenery and coffee…