Technology
- BusinessBloomberg
Huawei’s New Phone Runs Latest Version of Made-in-China Chip
(Bloomberg) -- Huawei Technologies Co.’s latest smartphones carry a version of the advanced made-in-China processor it revealed last year, independent analysis revealed, underscoring the Chinese company’s ability to sustain production of the controversial chip.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges
2 min read - BusinessBloomberg
Microsoft, Google Gain After AI Fuels Cloud Computing Demand
(Bloomberg) -- Microsoft Corp. and Google owner Alphabet Inc. sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapPlunging Home Prices, Fleeing
5 min read - BusinessTechCrunch
Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn
Jeff Crowe, a senior managing partner, admitted that the investment rate in venture and certain sectors is slower than it was several years ago, but he said that dealmaking in certain strategies, sectors and geographies, such as growth equity, healthcare and India, is as robust as it was before the downturn. "We've kept a very steady pace and have delivered a number of nice exits," Crowe told TechCrunch. Not all exits were great outcomes for the firm (NVP's portfolio company VanMoof filed for
2 min read - BusinessBloomberg
Microsoft Sales, Profit Beat Expectations on AI Demand
(Bloomberg) -- Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapPlunging Home Prices, Fleeing
5 min read - BusinessBloomberg
Elon Musk’s xAI Startup Closes In on $6 Billion Fundraising
(Bloomberg) -- Elon Musk’s artificial intelligence startup X.AI Corp. is nearing a deal to raise $6 billion in a funding round that would value the company at $18 billion, according to a person familiar with the matter.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets
1 min read - BusinessBloomberg
Intel Slides After Tepid Forecast Shows Comeback Challenges
(Bloomberg) -- Intel Corp., the biggest maker of personal computer processors, tumbled in late trading after giving a lackluster forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours
4 min read - BusinessUSA TODAY
Tinder, Hinge release new protective features to keep users safe
Tinder and Hinge, the two largest dating apps in the world, are rolling out new protective features that will make matching safer for users.
2 min read - BusinessYahoo Finance
Microsoft beats Q3 top and bottom lines on cloud strength
Microsoft reported better than anticipated Q3 earnings on Thursday, powered by growth in its cloud products.
3 min read - BusinessTechCrunch
Boeing's Starliner set to fly astronauts for the first time on May 6
Boeing’s Starliner is a go for launch. Leaders from NASA and Boeing told reporters that the first crewed Starliner mission, which will see the capsule carry two astronauts to the International Space Station, is moving ahead toward its historic May 6 launch date. NASA and Boeing concluded that the capsule is ready for launch after completing a critical flight test review on Thursday.
2 min read - BusinessBloomberg
Alphabet Beats Revenue Estimates as AI Fuels Cloud Growth
(Bloomberg) -- Alphabet Inc. reported first-quarter revenue that exceeded analysts’ expectations, buoyed by growth in its cloud computing unit. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingThe Go
6 min read - BusinessYahoo Finance
Rubrik CEO says he's hungry as ever, while the Microsoft-backed firm sizzles on IPO day
Rubrik comes out of the gate hot on its IPO day, selling a story of protecting data in the age of AI.
3 min read - PoliticsGizmodo
Net Neutrality Is Back. Yes, You Should Care
The Federal Communications Commission (FCC) killed net neutrality back in 2017 under former president Donald Trump, but on Thursday, it brought it back from the dead.
2 min read - BusinessTechCrunch
Snap says total watch time on its TikTok competitor increased more than 125%
As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. Snapchat launched the TikTok-like feed in late 2020 as a way to compete with the rising popularity of TikTok. The company is touting the success of its short-from video feed a day after President Biden signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell it within a year.
2 min read - BusinessEngadget
Apple is launching new iPads May 7: Here's what to expect from the 'Let Loose' event
Apple has scheduled an event for May 7 that'll more than likely focus on new iPads. Here's what we expect the company to show off.
- BusinessTechCrunch
It's a sunny day for Google Cloud
Google Cloud, Google's cloud computing division, had a blockbuster fiscal quarter, blowing past analysts' expectations and sending Google parent company Alphabet's stock soaring 13%+ in after-hours trading. Google Cloud revenue jumped 28% to $9.57 billion in Q1 2024, bolstered by the demand for generative AI tools that rely on cloud infrastructure, services and apps. Google Cloud's operating income grew nearly 5x to $900 million, up from $191 million.
2 min read - BusinessAssociated Press
Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend
Google’s corporate parent Alphabet Inc. on Thursday released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence. The results for the first three months of the year provided the latest evidence that Google has regained its momentum after an unprecedented downturn in 2022 coming out of the pandemic. Alphabet punctuated its renewed vigor by also disclosing plans to be
4 min read - LifestylePopular Mechanics
These Car Cup Holder Adapters Keep Your 40-oz Stanley Tumbler from Toppling
These handy adapters give your drink a sturdy base to prevent it from spilling.
7 min read - BusinessAssociated Press
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive. Analysts polled by FactSet expected Microsoft to post revenue of $60.86 billion for the quarter. Microsoft doesn't spell out how much money it makes from AI products, including its flagship Copilot chatbot that can compose documents, write code or generate images.
3 min read - BusinessYahoo Finance
Intel reports better than expected Q1 earnings but falls short on revenue outlook. Stock slides more than 5%.
Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.
3 min read - BusinessYahoo Finance
Stock market today: Stocks slide after GDP report prompts inflation, growth concerns
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.
2 min read - TechnologyGizmodo
Everything Exciting About the Android 15 Beta So Far
In the past, every new version of Android felt like a special occasion for the platform’s devoted users. It meant new software features, better algorithms, improved user interfaces, and maybe even something fun, like an easter egg.
5 min read - BusinessTechCrunch
Health insurance giant Kaiser will notify millions of a data breach after sharing patients' data with advertisers
U.S. health conglomerate Kaiser is notifying millions of current and former members of a data breach after confirming it shared patients' information with third-party advertisers, including Google, Microsoft and X (formerly Twitter). In a statement shared with TechCrunch, Kaiser said that it conducted an investigation that found "certain online technologies, previously installed on its websites and mobile applications, may have transmitted personal information to third-party vendors." Kaiser s
2 min read - TechnologyTechCrunch
Sanctuary’s new humanoid robot learns faster and costs less
Sanctuary AI often isn’t mentioned in the same breath as humanoid robotics firms like Boston Dynamics, Agility, Figure and 1X, but the Canadian company has been operating in the space for some time. In fact, a new robot introduced on Thursday is actually the seventh-generation of its Phoenix line. While a recent iteration introduced legs into the line, Sanctuary is most concerned with what’s happening from the waist up.
2 min read - LifestylePopular Mechanics
These Expert-Recommended Pocket Knives Are Perfect For Both Big and Little Tasks
A knife is one of the most convenient and useful tools you can carry. And these are the expert-recommended pocket knives worth buying.
26 min read - ScienceTechCrunch
Gravitics to develop 'tactically responsive' orbital platforms for the Space Force
Space station module developer Gravitics scored a $1.7 million contract from the U.S. Space Force to develop orbital platforms to enable responsive space missions. The initiative is called tactically responsive space, or TacRS, and it's already resulted in record-breaking missions: Firefly Aerospace's Alpha rocket left the pad just 27 hours after it received its launch notice from the Space Force under its TacRS contract last year. While Gravitics was unable to provide more details as to the e
2 min read - PoliticsTechCrunch
Breaking down TikTok's legal arguments around free speech, national security claims
The bill in question, which President Joe Biden signed Wednesday, gives Chinese parent company ByteDance nine months to divest TikTok or face a ban on app stores to distribute the app in the U.S. The law received strong bipartisan support in the House and a majority Senate vote Tuesday, and is part of broader legislation including military aid for Israel and Ukraine. Many who sponsored the bill admit that a TikTok ban is their ultimate goal...It's actually ironic because the freedom of expressi
9 min read - PoliticsTechCrunch
Gen Z is losing its political voice on social media
President Joe Biden signed the bill this week that could ban TikTok from the U.S. if its parent company ByteDance doesn’t sell the platform. According to young political content creators, the ban could decimate Gen Z’s access to political news and information. “An unfortunately large amount of 18- to 24-year-olds find out information about local elections from TikTok, so my heart is breaking,” Emma Mont, a political content creator, told TechCrunch.
6 min read - USAssociated Press
Athletic director used AI to frame principal with racist remarks in fake audio clip, police say
A high school athletic director in Maryland has been accused of using artificial intelligence to impersonate a principal on an audio recording that included racist and antisemitic comments, authorities said Thursday. Authorities said the case appears to be among the first of its kind in the country and called for new laws to guard against the technology. Experts also warned that artificial intelligence is becoming increasingly powerful, while the ability to detect it may lag behind without mor
4 min read - BusinessYahoo Finance
Meta’s Zuckerberg can't calm Wall Street’s nerves on AI spending, stock falls 10%
Meta CEO Mark Zuckerberg tried to calm investors after the company announced it's going to spend more on AI but couldn't assuage concerns as shares fell more than 10% Thursday.
4 min read - PoliticsTechCrunch
FCC officially votes to reinstate net neutrality
The Federal Communications Commission made its official vote Thursday to reinstate net neutrality, which bars broadband providers from slowing or even blocking internet traffic to some sites while improving access to others that pay extra fees. With some changes and protections, passing the order titled Safeguarding and Securing the Open Internet restores rules passed back during the Obama administration in 2015 and rolled back in 2017, after Donald Trump was elected president. Since the FCC a
5 min read - BusinessTechCrunch
Bluesky backs a project that would let Mastodon apps, like Ivory, work with its network
The new decentralized social network, originally incubated inside Jack Dorsey-run Twitter, is backing a project that would connect — or "bridge" — Mastodon requests into Bluesky requests so that consumer apps, like Ivory, would be compatible with Bluesky, too. The project, dubbed SkyBridge, was among the recipients of a small distribution of $4,800 in grant funding from Bluesky, distributed across projects.
3 min read - BusinessTechCrunch
After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin
Stripe, the fintech giant, continues to inch its way back into the cryptocurrency market. On Thursday the company announced that it would let customers accept cryptocurrency payments, starting with just one currency in particular, USDC stablecoins, initially only on Solana, Ethereum and Polygon. This will be the first time that Stripe has taken crypto payments since 2018, when it dropped support for Bitcoin due to it being too unstable.
3 min read - BusinessGizmodo
Moderna Employees Should Use ChatGPT at Least 20 Times a Day, CEO Says
One of the world’s top vaccine-makers is partnering with a major AI company to advance medicine — and its chief executive is excited.
2 min read - SciencePopular Mechanics
Gravity Might Reverse—or Undo—the Big Bang, According to 5,000 Robots
Are you ready for the “Big Crunch?”
4 min read - PoliticsEngadget
FCC votes to restore net neutrality protections
The Federal Communications Commission has voted to restore net neutrality protections. Under those rules, ISPs are not allowed to throttle access to specific sites or charge streaming services for faster service.
2 min read - BusinessTechCrunch
TechCrunch Minute: FTC bans noncompetes, court challenge incoming
The Federal Trade Commission voted 3-2 this week to ban noncompete agreements. While the FTC estimates that nearly one in five American workers is subject to a noncompete, these agreements haven’t been a huge issue in Silicon Valley, because they’re not enforceable in California. This has arguably been one of the region’s competitive advantages, as it allows employees to start something new without worrying (in most cases) that they’ll have to spend the next few years battling their old employ
1 min read - BusinessAssociated Press
FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access. In a 2023 complaint, the FTC accused the doorbell camera and home security provider of allowing its employees and contractors to access customers' private videos. Ring allegedly used such footage to train algorithms without consent, among other purposes.
2 min read - BusinessTechCrunch
RevenueCat raises $12M Series C as it expands its subscription management to the web
RevenueCat, a top subscription management platform for apps that monetize via in-app purchases, is now flush with new capital as it expands to the web. The company has closed on a $12 million Series C led by Adjacent, following the launch of a new product, RevenueCat Billing, that allows web app developers to integrate subscription purchases into any website. The timing of the product's launch is notable, as it arrives amid the implementation of the EU's Digital Markets Act (DMA) regulation, w
4 min read - TechnologyGizmodo
Unistellar Odyssey Telescope Brings Powerful Simplicity to Backyard Astronomy
Robotic telescopes of various shapes and sizes are hitting the market these days, each promising clear views of the cosmos and ease of use—attributes not often found paired together in a single telescope. Amateur and backyard astronomers are now fully embracing this ongoing, auto-GOTO revolution, but not every manufacturer delivers on its promises.
9 min read - USPopular Mechanics
Archaeologists Found Two Epic Treasures Under the Floors of George Washington’s Mansion
The incredible relics hail from before the Revolutionary War.
3 min read - BusinessBloomberg
Zuckerberg Asks for Patience as Meta’s AI Push Spooks Market
(Bloomberg) -- Mark Zuckerberg is asking investors for patience again. Instead, they’re alarmed. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingAfter Meta Platforms Inc. revealed that it will spend
6 min read - WorldAssociated Press
Congo questions Apple over knowledge of conflict minerals in its supply chain
Congo ’s government is questioning Apple about the tech company’s knowledge of “blood minerals” from a conflict zone in the African country that could be smuggled into its supply chains and is demanding answers within three weeks. A group of international lawyers representing Congo said Thursday that they sent letters to Apple’s CEO Tim Cook and its French subsidiary this week, raising concerns about human rights violations involving the minerals extracted from mines in the country’s troubled e
4 min read - SciencePopular Mechanics
A New Use for Old Concrete Could Revolutionize Carbon Capture
Scientists found a groundbreaking method to sequester greenhouse gases using construction waste.
4 min read - WorldTechCrunch
The impact of TikTok's ban in other countries could signal what's ahead for the US
On April 24, U.S. President Joe Biden signed a bill that would ban TikTok if its owner ByteDance doesn't sell the app. TikTok will challenge this decision in courts with a long legal battle ahead of us. This is perhaps the most well-known TikTok ban as India is one of the biggest consumer markets in the world.
5 min read - BusinessAssociated Press
Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana
Amazon ’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana that will create at least 1,000 new jobs, state and company officials announced Thursday. Republican Gov. Eric Holcomb called the project planned near the town of New Carlisle, about 15 miles (24 kilometers) west of South Bend, “the largest capital investment announcement in Indiana’s history."
2 min read - BusinessTechCrunch
Carv raises $10M Series A to help gamers monetize their data
Carv, a data layer platform that lets web3 gaming and AI companies, as well as gamers, control and monetize their data, has raised a $10 million Series A round led by Tribe Capital and IOSG Ventures. Carv's new round comes approximately five months after it received a strategic investment led by HashKey Capital. In 2022, Carv was valued at roughly $40 million when it raised a seed round led by Temasek's VC arm, Vertex Ventures.
2 min read - SciencePopular Mechanics
A New Study Unveils the Mind-Blowing ‘Twisters’ Inside Egg Cells
The secret whirlpools of life’s foundational cells could bring major medical breakthroughs.
3 min read - BusinessThe Conversation
Banning TikTok won’t solve social media’s foreign influence, teen harm and data privacy problems
TikTok is hardly a model social media platform, but it’s also far from an outlier when it comes to threats to Americans.
5 min read - SciencePopular Mechanics
Astronomers Discovered a Once-in-a-Lifetime ‘Sleeping Giant’ Black Hole
It’s 33 times more massive than our Sun.
4 min read - TechnologyTechCrunch
Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices
Two veteran security experts are launching a startup that aims to help other makers of cybersecurity products to up their game in protecting Apple devices. Wardle then worked as an offensive security researcher for years before switching to independently researching Apple macOS defensive security. Since 2015, Wardle has developed free and open source macOS security tools under the umbrella of his Objective-See Foundation, which also organizes the Apple-centric Objective by the Sea conference.
4 min read
