Apple on Thursday announced a series of updates to its developer policies to comply with the EU’s Digital Markets Act (DMA). The news, which was expected, arrived just in time to meet the deadline of June 26, after which the iPhone maker would risk new fines. The changes involve both how app developers can communicate … Read more
Jeff Bezos is apparently trying to capitalize on the recent blow-up between President Donald Trump and Elon Musk, according to a new report from The Wall Street Journal. Bezos has spoken to Trump twice this month, at times discussing more government contracts for his space company Blue Origin, according to the report. Blue Origin CEO … Read more
Indian drone startup Raphe mPhibr has raised $100 million in an all-equity Series B round led by General Catalyst, as the startup aims to boost its R&D and local production capabilities amid growing demand for drones in battlefields and for border surveillance. Drones are becoming increasingly ubiquitous in global military operations. In recent and ongoing … Read more
Kalshi just raised a $185 million round, led by crypto-focused VC firm Paradigm, bringing the company’s valuation to $2 billion post-money, representatives from Paradigm and Kalshi confirmed to TechCrunch. “Prediction markets remind me of crypto 15 years ago: a new asset class on a path to trillions,” Matt Huang, co-founder and managing partner at Paradigm, … Read more
AI-native startups are rewriting the rules of what early traction looks like — and too often, investors are still playing by the old ones. At TechCrunch All Stage, happening in Boston on July 15, Kleida Martiro, partner at Glasswing Ventures, will lead a breakout that cuts straight to the core of this disconnect. Her session, … Read more
GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money. While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced … Read more
The conversational AI market has exploded since ChatGPT was released in November 2022 and is predicted to grow into a nearly $50 billion global industry by 2031, according to MarketsAndMarkets. Synthflow AI is just one of many companies building in this space that hopes to stand out from the pack because of its focus on … Read more
After a wave of mass bans affecting Instagram and Facebook users alike, Meta users are now complaining that Facebook Groups are also being impacted by mass suspensions. According to individual complaints and organized efforts on sites like Reddit to share information, the bans have affected thousands of groups both in the U.S. and abroad and … Read more
Amazon announced on Tuesday that it is expanding its Same-Day and Next-Day delivery services to over 4,000 small cities and towns across rural U.S. This expansion will bring its fast Prime delivery service to millions of customers in places such as Asbury, Iowa; Fort Seneca, Ohio; Lewes, Delaware; North Padre Island, Texas; and Sharptown, Maryland. … Read more
Google introduced its AI mode, a Q&A-style search tool, to users in India today. The company said that this tool is still in the experimental stage and users will need to opt in to it through Search Labs. Once a user has opted in, they can ask queries in English. Google didn’t specify whether it … Read more
