Author: TechBrunch

Founded by former Taskrabbit CEO Stacy Brown-Philpot, Cherryrock Capital, $172 million on Wednesday on an All-Star Limited Partner List, including JPMorgan, Goldman Sachs, MassMutual and Reid Hoffman, a key venture from Melinda French Gates. announced that it has closed its fund. , Melody Hobson and Cheryl Sandberg. Brown Philpot told Bloomberg that the fund actually closed in January. The company was launched in 2023 during a difficult time for fundraising in the venture industry. As a result, Brown Philpot said it took about two years for the company to close me down, she told the outlet. Fund I'm trying to…

Instagram shows new ways creators can work with brands to make money by recommending products. On Thursday, Meta was added to a partnership ad called Testimonials. This allows creators to receive payments via written support shared as comments about brand social media posts and advertisements. This includes both feed posts and reels. The new ad format is a move to monetize practices already taking place across social media. Many brands today use paid commenters and encourage customers who leave positive reviews. For those studying new products, it's difficult to know who is a truly happy customer and who is astroturfing…

On Thursday, Spotify announced it would accept audiobooks narrated using ElevenLabs' AI Voice Technology. Given that ElevenLabs is currently one of the most recognized AI audio providers, this new partnership is expected to increase the amount of AI narrating audiobooks on the platform. To upload an AI-narrated audiobook, authors must download the file package from ElevenLabs and then access FindAway Voices on Spotify's Audiobook Distribution Service. After that, recordings should be performed before the review process is published. The title of the Spotify label narrated by AI. In 11 languages, audiobooks can be narrated in 11 languages. The free version…

California's privacy regulators are asking courts to fine data brokers who lost hundreds of millions of Social Security in one of the biggest data breaches of last year. The California Privacy Protection Agency (CPPA), which enforces state regulations regarding California's data protection and privacy rights, known as the CCPA, has fined $46,000 for national public data because it cannot register as a state data broker. He said he wanted it. . Following the April 2024 data breaches, public national data has resulted in hackers stealing the company's database containing social security numbers and other personal information, and involving around 300…

As Tiktok's future in the US remains uncertain, Subgel tries to lure creators to the platform by doubling the video. The company announced Wednesday that creators can now monetize videos on the platform, allowing video posts to be published directly through the Substack app. Previously, authors could share videos on memos, a Twitter-like feed from Subscack, but the memos feature does not support Paywalls. Additionally, subscribers will not be notified if the author posts a note. By publishing video submissions, creators can reach their audiences directly and monetize their work. Subrack says video creators worried about their future on Tiktok…

There are many observability platforms that monitor and evaluate cloud software, such as Dynatrace and ServiceNow. This flags potential code errors or failures so that the engineers can find them and fix them. Arize AI says it brings the same approach to AI models and applications. Arize is an AI observability platform that evaluates when companies are building AI products and monitors those products for errors and issues when they are up and running. Arize's platform works with a wide range of AI applications, from machine learning and computer vision to generated AI. Jason Lopaticki, Arize's co-founder and CEO (photo…

Twitch on Wednesday announced that it will begin limiting streamers to 100 hours of highlighting and uploading, and that it will remove content if the channel exceeds the limit. The company said it is implementing changes because highlights are not effective in driving discovery and engagement, and storage is expensive. The storage cap will take effect on April 19th. This change applies to edited snippets from channel's past broadcasts, as well as other edited highlights from uploaded content. However, clips and past broadcasts (VODs) are not affected by the changes. (Past broadcasts have already been automatically deleted after a certain…

The UK healthcare giant HCRG Care Group has confirmed it is investigating a cybersecurity incident after claiming that ransomware gangs violated the company's systems to steal sensitive data. HCRG Care Group is one of the largest independent providers of community health and care services in the UK. Formerly known as Virgin Care and now owned by Twenty20 Capital, the organization has partnered with National Health Service Trusts and local governments across the UK to help with emergency care, sexual health, adult and child social care services. We provide medical services such as: HCRG was listed this week on the Prolific…

Amazon will cancel the Android App Store on August 20th this year. The company sent a notification to the developer to indicate that new apps would no longer be able to be submitted to the store. The company said on its support page that it would also suspend Coin Digital Currency. It says it can be used to purchase games and apps in the app store. “From August 20, 2025, you will no longer be able to access Amazon Appstore on your Android devices, and we plan to cancel the Amazon Coins program on August 20, 2025,” the company said…

As payment companies increasingly explore Stablecoins for cross-border payments and real-time settlements, some startups have leveraged Zeitgeist by providing liquidity through Stablecoins' revolving credit lines Masu. One of them is Dubai-based Mantha, which offers primarily African payment companies to settle transactions and immediately fund customer accounts. The startup raised $10 million in seed funds, including both stocks and debt. Stablecoin Provider Tether led the $3 million equity investment. The funding will help the company expand into Latin America and Southeast Asia, regions where liquidity challenges limit cross-border transactions. Mansa says the model improves client cash flow at a lower cost…