Author: TechBrunch

Apple today released a new app for iPhone users, Apple Sports, as it continues to invest in its sports and subscription business. This app allows sports fans to access real-time scores, statistics, and other information about their favorite teams and leagues, as well as introducing competitions with other sports his score aggregators on the App Store . Initially available in the US, UK and Canada, the app will include information on the following leagues: MLS, NBA, NCAA, NHL, Bundesliga, La Liga, Liga MX, Ligue 1, Premier League and Serie A. It is. Apple says more leagues will be added. Content…

Apple today announced that it will upgrade the security layer of iMessage to post-quantum encryption starting with iOS and iPadOS 17.4, macOS 14.4, and watchOS 10.4. The tech giant said quantum computers will be able to break through current encryption standards in the coming years. Because of this, Apple said it is changing the way it does end-to-end encryption in iMessage without requiring quantum-level processing power. Modern messaging apps typically use public-private key pair encryption. The public key is used to encrypt the outgoing message, and the private key is used by the recipient to decrypt the message, much of…

Almost two years after securing $20 million in Series A funding, B2B financial solutions startup Simetrik is back with additional investment worth $55 million in Series B funding. The Colombia-based company develops financial automation technology focused on record centralization, reconciliation, management, reporting, and accounting. What sets us apart is Simetrik Building Blocks (SBB), a scalable and adaptable concept based on no-code development and generative AI technology. Santiago Gomez, Simetrik co-founder and chief operating officer (COO), told TechCrunch that “a lot of things, including financial flows and a lot of other things that are currently done manually, need to be done…

Clumio, a data backup and recovery provider for enterprises using the public cloud, has raised $75 million in a Series D round. The increase comes as the Santa Clara, Calif.-based company quadrupled its annual recurring revenue (ARR) last year with new customers such as Atlassian, which now uses Clumio to enable cloud-based Jira projects. This was done in response to the claim. Management software. The problems that Clumio and similar companies like Veeam and Rubrik are trying to solve are wide-ranging. While public cloud spending shows little sign of slowing down, businesses also face increasing threats related to ransomware, with…

As the world turns to AI to generate text, images, and videos, a startup led by a former DeepMind senior researcher is developing GenAI technology to support the production of new physical materials. Founded by Jonathan Godwin, previously involved in DeepMind's materials research efforts, Orbital Materials is creating an AI-powered platform that can be used to discover materials ranging from batteries to carbon capture cells. Godwin was inspired to found Orbital Materials after seeing how the technology behind AI systems like AlphaFold, DeepMind's AI that can predict the 3D structure of proteins from amino acid sequences, could be applied to…

80/20 rule. Decrease in revenue. The “good enough” principle. Sometimes it just doesn't make sense to strive for perfection. At least, that's what Glenn Meyerowitz thinks. Meyerowitz, an engineer by training, is leaning heavily into that concept with Clarity Technology, the direct air capture startup he founded in 2022. Most other carbon capture companies try to squeeze almost all the juice out of the lemon to saturate the adsorbent with enough CO2.2 The end result is an almost completely pure gas flow. Meyerowitz feels that's going too far. “Most people in the world, and almost everyone we know, are trying…

Sound reveals a lot about water and where it's going. With every washing machine cycle, dish wash, and toilet flush, water rushes into the pipes of homes, apartments, and commercial buildings, carrying waste away at breakneck speed. The whistling and buzzing sounds that water makes on its way down may seem unnoticeable. However, they are part of a unique sound signature and, with the right algorithms and hardware, can be detected and classified for preventive maintenance purposes. What is called acoustic detection is not new science. Water departments and utilities have been using acoustic sensors for years to check for…

Online interior design startup Havenly is acquiring artisan home décor startup The Citizenry, the company announced today. Financial terms of the deal were not disclosed. Havenly said the acquisition is part of its efforts to build a collection of home brands that appeal to shoppers. This deal marks Havenly's third acquisition in two years. Founded in 2014, The Citizenry works with artisans around the world to create limited edition handcrafted homewares. With the acquisition of The Citizenry, Havenly is expanding its selection of furniture, textiles and home decor. Havenly CEO Lee Meyer told TechCrunch that the company's vision is to…

You voted, and the results are finally out! We are pleased to announce that we have selected Dana Louie, Senior Manager of Corporate Development at HubSpot, as the winner of this year's Her Audience Choice Roundtable at TechCrunch Early Stage 2024. Winning Early Stage 2024 Roundtable Dana's roundtable, “M&A Exit: What Acquirers Are Looking For and How You Can Prepare for a Successful Acquisition,” provides a real-world perspective on the factors companies consider when evaluating M&A opportunities. , covers strategies for driving acquisitions and provides practical insights. Maximize acquisition success. Get your pass now to hear from Dana and other…

GenAI, the hottest AI today, generates images, emails, songs, and more in record time, arguably making work less painful. But in the long run, one of the more useful applications of AI may be identifying counterintuitive correlations that humans miss. For example, consider that people who like horror movies are more likely to try certain exotic cuisines, while people who like sitcoms are more likely to listen to true crime podcasts. New York-based startup Qloo is on a mission to apply AI to understand these nuanced preferences and cultural patterns. Founded in 2012 by Alex Elias and Jay Alger, Qloo…