Author: TechBrunch

Baron Capital, an investor in Indian food delivery startup Swiggy, has upped the value of its stake in the Indian company, suggesting a valuation of $12.16 billion, with Swiggy expected to sell in early 2022. That's above the post-money valuation of $10.7 billion for which it secured funding. New York-based Baron Capital has increased the value of its stake in Bangalore-based Swiggy to $87.2 million, it revealed in new content (PDF), increasing its initial investment in the food delivery platform to $76.7 million. The amount was increased from $. The increase in valuation at the end of December is a…

X today announced a new long-form post format called Articles. This feature, available only to Premium+ subscribers and verified organizations, allows users to publish text-based posts, other herx posts, and embedded videos and images. This is similar to a post in a content management system like WordPress or an article on Medium. Last year, the Elon Musk-owned social network raised the long-form post limit to 25,000 characters for paid users. As Engadget pointed out, the article limit appears to be even higher at his 100,000 characters. this mailbox Chris Bakke shows that users can add bulleted lists and hyperlinked text…

Apple released VisionOS 1.1 on Thursday, and the most notable feature was improvements to user personas. Specifically, the new update improves the appearance of hair and makeup, neck and mouth expression, and EyeSight eye rendering so that others can see your eyes when wearing a headset. It will be. Additionally, after the first step of setup, the user can:[設定]>[ペルソナ]You can now set up Persona without having to hold your device and select “hands-free capture” mode. The new version of VisionOS also introduces mobile device management (MDM) to help businesses manage their devices. This allows administrators to set devices to custom…

More than six months after announcing plans to launch its popular mobile game Free Fire in India, Sea has yet to launch it as it is “still making changes.” Xi's group chief executive Yanjun Wang said in an earnings call this week that the Singapore-headquartered giant is still making changes to the game to take into account “local user preferences.” He said there were “no significant developments” to share. Garena, the gaming arm of Sea, announced plans to reboot Free Fire in India in August last year. At the time, Garena said Free Fire India would be available in the…

The Federal Election Commission of India has fixed a flaw on its website that was publishing data related to citizen requests for information on voting eligibility status, candidates and political parties in local politics, and technical details of electronic voting machines. Fixed. India is scheduled to hold its next general election in April-May to elect members of the lower house of parliament to form a new government. The Election Commission of India has fixed a bug in its Right to Information (RTI) portal, which allows citizens to request access to the records of constitutional authorities, state and central government agencies,…

On Tuesday, startup Anthropic released a family of generative AI models that it claims achieves best-in-class performance. Just a few days later, rival Inflection AI announced a model it claims is qualitatively comparable to some of the most capable models, including OpenAI's GPT-4. Anthropic and Inflection are by no means the first AI companies to claim that their models beat the competition, or that they beat them by any objective measure. Google made the same claim when releasing its Gemini model, and OpenAI made similar claims for GPT-4 and its predecessors GPT-3, GPT-2, and GPT-1. The list goes on. But…

NFT-based social networking platform Zora continues to expand beyond the realm of cryptocurrencies into the hot artificial intelligence market, startup co-founder Dee Goens told Chain Reaction. It is not to be confused with Sora, the text-to-video tool provided by OpenA. Zora aims to help creators, brands, and artists better monetize their content through his NFTs. Last month, Zora had “just under 500,000” monthly transacting users, Goens said, and in the past 30 days, Zora creators have earned more than $1.3 million posting content. He also posted this episode with Goens on Zora, so check it out here. Zora Network is…

Lensrentals, the giant online rental service for photo, video, audio, and lighting equipment, has announced the acquisition of BorrowLenses, a major competitor in the photo and video equipment rental space, TechCrunch has learned exclusively. This is a competitive field in the goods market, and neither brand has a clear advantage over the other. Both companies declined to comment on the terms of the deal, but people familiar with the transaction indicated it was likely to be an all-cash acquisition. BorrowLenses has also been on an interesting journey. The company was acquired by Shutterfly about 10 years ago. Shutterfly was publicly…

Welcome to TechCrunch Crypto, formerly known as Chain Reaction. Get a roundup of TechCrunch's biggest and most important crypto articles delivered to your inbox every Thursday at 12pm PT. Subscribe here. Hello. Welcome to the TechCrunch Crypto Newsletter. First off, here's a shameless plug. Last week on Yahoo Finance, I participated in a roundtable discussion with Grayscale CEO Michael Sonnenshein, CoinDesk Indices Managing Director Andy Baehr, and crypto-focused Matt Kohrs, host of The Matt Kohrs Show. We talked about Spot Bitcoin ETFs, digital asset regulation, and what the next era of cryptocurrencies will be. Look here. It's been an eventful…

Apple said it plans to make it easier for customers to switch to Android as a result of the EU's Digital Markets Act (DMA), which came into effect today. In addition to support for alternative app stores, new trading terms for EU app developers, a mobile browser selection screen, and more, the iPhone maker also announced it will be adding data portability products, including more “user-friendly” data movement features. from the iPhone to another of his non-Apple devices. The solution is not yet available, but Apple is working to have it ready by fall 2025, the company said. The announcement…