Clearview AI, the US startup that’s attracted notoriety in recent years for a massive privacy violation after it scraped selfies off the Internet and used people’s data to build a facial recognition tool it pitched to law enforcement and others, has been hit with another fine in France over non-cooperation with the data protection regulator.
Bloomberg’s Rachel Metz joins Ed Ludlow and Caroline Hyde to discuss the document leaked by a senior software engineer at Google who says the tech company is losing its edge in artificial intelligence. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde
Welcome back to Found, where we get the stories behind the startups. This week we welcome Dominic Madori-Davis to the show as the new cohost of Found! The team is also joined by Allison Luvera and Lauren De Niro Pipher, the two founders behind Juliet, a boxed wine startup. Luvera and De Niro Pipher talked
Much of our computer time is spent in a web browser, where we check emails, create documents, transfer files, carry out online banking, shop or stream entertainment. This leaves us vulnerable to security threats like phishing, identity theft and session hijacking, but many cybersecurity tools were created when the main threats were file viruses, worms
Dutch startup Farmless has today announced that it has raised a €1.2 million pre-seed equity round at an undisclosed valuation to bring to our tables proteins created without the need for traditional farming operations. The climate crisis means that it has never been more pressing to develop alternative food sources in order to both protect
A legal opinion on a controversial European Union legislative plan set out last May, when the Commission proposed countering child sexual abuse online by applying obligations on platforms to scan for abuse and grooming, suggests the planned approach is incompatible with existing EU laws that prohibit general and indiscriminate monitoring of people’s communications. The advice
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Tuesday! Couple of quick things: Apply now to pitch at TechCrunch Live’s Atlanta pitch-off. Also, today’s head scratcher of an article is from Devin, who reports that Acapela lets anyone back
All Raise’s interim CEO Paige Hendrix Buckner has now dropped the “interim,” according to the nonprofit’s blog post. Hendrix Buckner joined the organization, which supports women founders and funders, as chief of staff in early 2022 and stepped in as interim CEO in January following the resignation of former CEO Mandela S.H. Dixon. Prior to
For founders and investors, there’s no platform like TechCrunch Disrupt. Just as the industry is always evolving and innovating — especially in recent months — we’re doing the same to keep Disrupt on the cutting edge for first-time founders, seasoned investors, visionaries and everybody in between. It’s time to disrupt TechCrunch Disrupt This year, we’re
PayPal’s woes indicate the market doesn’t mind kicking fintech while it’s down Alex Wilhelm 7 hours PayPal’s shares are off around 11% this morning despite the company reporting better-than-expected revenue and profit in the first quarter. The company also raised its forecast for the year, though that was apparently not enough to sate investors. But
Different demographics often have different banking needs. So it’s no surprise that we have seen a flurry of financial technology startups offering banking services catered to certain populations based on factors such as age and ethnicity. For example, numerous fintech startups cater to younger users – from Greenlight to Step to Current and now, Acorns.
Electric boats are still a rarity on America’s waterways, but everyone seems to agree they represent a cleaner, quieter future for our lakes, rivers, and coastal waters. Navier has moved impressively quickly from idea to prototype to production boat, and the startup is now touring the west coast, winning admirers in high places who hope
Last year we covered how late-stage tech backer Liquidity Group had raised $775M for its fintech platform from Apollo (private equity) and MUFG (a Japanese bank). Liquidity is part tech platform and part lender, using its technology to make decisions on deploying debt facilities and other financial solutions from $5M to 100M relatively quickly compared
SoFi CEO Anthony Noto joins Caroline Hyde and Ed Ludlow to discuss the banking turmoil and the company’s earnings results. Plus, Expedia and SoFi’s rollout of SoFi Travel powered by Expedia, which will offer SoFi’s members the ability to book flights, hotels, car rentals and more. ——– Like this video? Subscribe to Bloomberg Technology on
“The medium is the message” is the common phrase, but entrepreneur Alexis Traina believes that messages, themselves – text messages to be exact – deserve attention, too. Traina is the CEO and co-founder of HiNOTE, an app that helps people create messages, set over personalized backdrops of anything from a tipped-over wine glass to a
Despite the investor caution narrative permeating the startup world throughout the economic downturn, certain startup-types have been a little more impervious to market conditions. The global supply chain was one of the major industrial casualties of the pandemic, so it perhaps goes without saying that companies tackling issues related to the global supply chain would
Tesla officially broke ground Monday on a Texas lithium refinery, making it the only U.S. automaker to refine its own lithium. CEO Elon Musk said the refinery will produce enough battery grade lithium for 1 million electric vehicles by 2025, which would make Tesla the largest processor of lithium in North America. Tesla will continue
After aggressively promoting its new lifestyle social media platform Lemon8 in the U.S., ByteDance appears to be brewing another content app for its biggest overseas market. Lemon Inc, a subsidiary of ByteDance, has submitted a trademark application for a range of book publishing products and services, according to a filing posted on the United States
Time is relentless and, right now, it’s no friend to procrastination-prone early-stage startup founders. The application window for Startup Battlefield 200 (SB 200) at TechCrunch Disrupt 2023 slams shut in just one week. Can you afford to miss this potentially life-changing opportunity? We think not. Startup Battlefield 200 applications close in 7 days The elite
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and welcome to a new week. Haje is off today, so it’s just me and you going through the day’s biggest stories. Let’s hit it! — Christine The TechCrunch Top 3
Casey Handmer is not intimidated by very large quantities. Trillions of acres. Thousands of gigawatts of solar power. A billion metric tons of carbon. His startup, Terraform Industries, aims to operate at these ambitious scales. The company wants to turn hydrogen and atmospheric carbon into synthetic natural gas at scale. It’s more than a little
Conferences and other in-person events rushing to impose facial recognition on attendees in Europe without doing the necessary due diligence over data protection risks beware: The organizers of the global connectivity industry shindig, Mobile World Congress (MWC), which takes place annually in Barcelona, have been fined €200,000 (~$224k) by Spain’s data protection watchdog over a breach
Music streaming platform SoundCloud is today launching a new tool to let artists engage with their fans better. The new product, conveniently called Fans, lets artists direct message their followers and sort their listeners through different engagement measures. SoundCloud said that Fans product was available to 10,000 artists and now will this beta release it
One constant theme we’ve been hearing from the big cloud infrastructure vendors this year is helping customers increase the efficiency of their cloud spend. Cloud bills have grown enormously as companies move more workloads. Combine that with a high level of economic anxiety, and a pronounced switch from a growth to efficiency mindset, and customers
Jonathan Martinez Contributor Jonathan Martinez is a former YouTuber, UC Berkeley alum and growth marketing nerd who’s helped scale Uber, Postmates, Chime and various startups. More posts by this contributor Your site needs more than just one user onboarding experience 3 ways to step up your short-form video and TikTok growth strategy When scaling a
Amazon announced Monday the launch of its new unit Amazon MGM Studios Distribution, which will allow the company to license Amazon Originals and other titles to third-party media companies, which could include streaming services (free, ad-supported or subscription), cable TV as well as pay TV distribution. For the first time, titles such as “The Marvelous
AI is here and the job market should be concerned
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, we’ll take a look at the hottest fintech news of the previous
Are you a seed-stage founder who’s building a unicorn? NFX Founding Partner James Currier would like to save you some time: Startups that grow into billion-dollar companies have three basic forms of defensibility. Network effects: Your product becomes more valuable as more people use it. Embedding: Integrate your services so deeply, customers “cannot rip them
Apple is expected to see a drop in revenue for the second quarter according to analyst estimates. Bloomberg’s Mark Gurman has a preview on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: https://tinyurl.com/ycyevxda Get the
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