Author: TechBrunch

As tech giants like Elon Musk and Mark Zuckerberg rub shoulders with politicians at President Trump's inauguration, startup founders seek to secure their place in the new president's circle. He was active in DC's party scene with the aim of achieving this goal. Today on TechCrunch's Equity Podcast, hosts Kirsten Korosec, Margaux MacColl, and Anthony Ha discuss the latest technology updates from the inauguration week, including the new administration's more accessible approach to startups and the potential transparency challenges that come with it. and digging into startup news. Listen to the full episode to hear: Stocks will be back next…

FLIP is a social commerce app that allows shoppers to become creators. They share honest reviews and earn cash based on the engagement on the platform. FLIP has introduced a new creator fund that provides a unique opportunity to support FLIPs to compete with Tiktok Shop and other platforms in a fierce competition market. The creator fund will be secretly deployed earlier this week, and will provide up to 100 million dollars equivalent to participating creators in the next five years. The grant is from $ 6,000 to $ 100,000, depending on the level of creators. In particular, FLIP aims…

Stargate, a large-scale infrastructure project to build Openai's data centers in the United States, lacks a fully developed plan and has not yet secured funding, according to a report in the Financial Times. Stargate is backed by Openai, Softbank, Middle East AI Fund Mgx and others, and will pump approximately $100 billion and more than $500 billion into data centers to support Openai's AI workloads. However, SoftBank and Openai will each commit more than $15 billion to the project according to the report. They and Stargate's other backers hope to raise a combination of equity from existing investors and debt…

Apple rarely misses voluntary deadlines, but it's doing so with the next generation of CarPlay. The company originally teased an update in 2022. With this new version, CarPlay seamlessly integrates with your equipment cluster to provide information about speed, climate control, and other vehicle data. Apple had promised an initial rollout of a limited set of cars in 2024. Now that the deadline has passed, Apple has updated Macrumors on the status of Carplay. The company hasn't mentioned the original roadmap, but Apple has confirmed that it's still very much a work in progress. “We continue to work closely with…

Randy Liu knows how difficult it is to save money to buy a house. While working at Better.com, a new mortgage, he has been dealing with his first home buyer who feels overwhelming about buying a house. By the time his turn came in 2022, the mortgage interest rate was almost doubled, and he realized that he was one of the most difficult houses in the last few decades. “I put my purchase and set up Foyer using a down payment. I work with the members as a user,” he told TechCrunch. Foyer is a platform that supports consumers to…

Rachael Blank, who grew up with a father who was an obstetrician-gynecologist, believed that most women received excellent gynecological care. She regularly witnessed her father's patients thanking him for having their children when they bumped into him around town. But when Blank was diagnosed with polycystic ovary syndrome (PCOS) at age 21, she realized that not all women's health issues were treated equally. This is a reproductive and hormonal disease that can cause irregular periods, infertility, and weight gain. Although Ms. Blank had access to the highest level of care, she realized that most obstetricians and gynecologists were not trained…

Apple on Thursday announced a new API called the Advanced Commerce API to support more forms of in-app purchases, such as subscriptions and content add-ons. The company added that it has not changed its commission structure to support these use cases. “App stores facilitate billions of transactions each year for developers to grow their businesses and deliver world-class customer experiences. “To further support developers' evolving business models, such as subscriptions, we are introducing the Advanced Commerce API,” the company said in an announcement. Image credit: Apple In an accompanying support document, Apple expanded on the use cases and eligibility for…

Apple announced a new API called Advanced Commerce API, which supports more in -app purchases, including subscriptions and content add -ons. The company added that we are not going to change the commission system to support these use cases. “The App Store promotes billions of transactions a year to grow business and provide world -class customer experience. Very large -scale content catalogs, creator experience, and optional add -ons. Introducing the Advanced Commission API to further support the business models that develop developers, such as subscriptions, will be introduced in the announcement. Image credit: Apple Apple explained in the attached support…

U.S. authorities have indicted five people for their alleged roles in a multiyear scheme to obtain remote IT jobs from dozens of U.S. companies. The Justice Department announced Thursday the indictment of North Korean nationals Chin Song Il and Park Jin Sung. Mexico's Pedro Ernesto Alonso de los Reyes, Americans Eric Ntekeleze Prince and Emmanuel Astor. The Justice Department said the FBI arrested Mr. Ntekelese and Mr. Asutol and raided Mr. Asutol's home in North Carolina for the wraps provided by the company to make it appear that the company employed U.S.-based workers. It said it had found evidence of…

Tata Electronics has acquired a 60% controlling stake in Pegatron, the Indian arm of Apple Assembly Partner, as the conglomation expands iPhone manufacturing capacity in the country. Taiwan-based Pegatron operates an iPhone production factory near Chennai in India's sour state of Tamil Nadu. The deal comes less than a year after Tata Electronics acquired the Indian operations of smartphone assembly company Wistron. Pegatron and Tata did not disclose the financial terms of the deal, but Tata said the acquisition fits into its strategy to expand its manufacturing footprint in the country. “We look forward to nurturing these new facilities, expanding…