Instagram Edits, Meta’s newly released video creation app, had a bigger debut than its direct competitor, ByteDance’s CapCut, once did. The new app, which today helps users craft videos for Instagram reels, stories, and other social posts, was downloaded an estimated 702,900 times on iOS devices during its first two days on the market. That’s … Read more
Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would be the second-largest startup funding round ever, behind only OpenAI’s … Read more
DoorDash has asked a California Superior Court judge to dismiss a lawsuit filed by Uber that accuses the food delivery company of stifling competition by intimidating restaurant owners into exclusive deals. DoorDash argues in its motion that Uber’s claim lacks merit on all fronts. On a post on its website on Friday, DoorDash said, “the … Read more
The cybersecurity world is full of jargon and lingo. At TechCrunch, we have been writing about cybersecurity for years, and we frequently use technical terms and expressions to describe the nature of what is happening in the world. That’s why we have created this glossary, which includes some of the most common — and not … Read more
A data breach at Connecticut’s largest healthcare system Yale New Haven Health affects more than 5.5 million people, according to a legally required notice with the U.S. government’s health department. Yale New Haven said the March cyberattack allowed malicious hackers to obtain copies of patients’ personally identifiable information and some healthcare-related data. Per a notice … Read more
We’re thrilled to announce that Greece Prime Minister Kyriakos Mitsotakis will be joining us at our upcoming StrictlyVC event in Athens, co-hosted with Endeavor, on Thursday night, May 8, at the stunning Stavros Niarchos Foundation Cultural Center. For those who might not be familiar with his background, Mitsotakis brings a fascinating blend of experiences to … Read more
It turns out that decentralized social networks can go down, too. On Thursday evening, the decentralized social network Bluesky experienced a significant outage, leaving users unable to load the app on both the web and mobile devices for roughly an hour. According to a message on Bluesky’s status page, the company was aware of the … Read more
Instagram Threads, Meta’s newest social network and X competitor, is officially relocating from the website Threads.net to Threads.com. The transition will coincide with a handful of quality-of-life improvements for the Threads web app, including features to more easily access custom feeds, saved posts, and likes, as well as other tools for creating new columns, copying … Read more
Volkswagen of America and Uber on Thursday unveiled an ambitious plan to launch a commercial robotaxi service — using autonomous electric VW ID. BUZZ vehicles — in multiple U.S. cities over the next decade. The companies expect to launch a commercial service in Los Angeles, the first city on the list, by late 2026. VW … Read more
According to the WSJ, a recently discovered will suggests late Zappos co-founder Tony Hsieh had concrete plans for his fortune despite previous beliefs that he died without leaving instructions for an estate that’s estimated to be worth $1.2 billion. Among other things, the document, signed in 2015 and included in a recent court filing, contains … Read more
