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TikTok suspended a gamification feature in the European Union following an intervention by the bloc. With attention on TikTok’s growing pile of US legal woes, the announcement went mostly unnoticed when it occurred late local time Wednesday. TikTok’s move came just two days after the EU opened an investigation into a so-called “task and reward” […] © 2024 TechCrunch. All rights reserved. For pers…

It’s still unclear whether cloud gaming will ever become the next big thing. The appeal is clear: The game you’re playing runs in a data center near you, and the video output is directly streamed to your local device. When you interact with the game, everything is relayed back to the data center. When it […] © 2024 TechCrunch. All rights reserved. For personal use only.

The company produces plant-based ingredients from raw microalgae biomass, generated from spirulina or chlorella, that it claims is more nutritious than meat. © 2024 TechCrunch. All rights reserved. For personal use only.

Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, which competes with publicly-listed Zomato and StepStone Group-backed unicorn Zepto, plans to raise $450 million through issuance of […] © 2024 Tech…

Meta’s Twitter/X rival Threads is growing at a stable pace. The social network now has more than 150 million monthly active users — up from 130 million in February — Mark Zuckerberg mentioned during the company’s Q1 2024 earnings call. Since the last quarterly earnings call, Threads has notably taken steps towards integrating with ActivityPub, […] © 2024 TechCrunch. All rights reserved. For perso…

Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture Partners and Foresite Labs, an affiliate of Foresite Capital, announced that they incubated Xaira Therapeutics and funded the AI biotech with $1 billion. Other investors […] © 2024 TechCrunch. All right…

Anduril Industries has taken another step forward in its quest to become the next great American prime, this time by beating out major defense companies to develop and test small unmanned fighter jet prototypes. The venture capital darling beat out Boeing, Lockheed Martin and Northrop Grumman on the deal, under the Air Force’s Collaborative Combat […] © 2024 TechCrunch. All rights reserved. For p…

With HashiCorp, Big Blue gets a set of cloud lifecycle management and security tools, and a company that is growing considerably faster than any of IBM’s other businesses. © 2024 TechCrunch. All rights reserved. For personal use only.

If there’s one overarching takeaway from last night’s Rabbit R1 launch event, it’s this: Hardware can be fun again. After a decade of unquestioned smartphone dominance, there is, once again, excitement to be found in consumer electronics. The wisdom and longevity of any individual product or form factor — while important — can be set […] © 2024 TechCrunch. All rights reserved. For personal use on…

JioCinema introduced new monthly subscription plan on Thursday, with the lowest tier costing just 35 cents. The revamp in the pricing strategy comes as the market-leading service seeks to exert greater pressure on rivals including Netflix and Prime Video. The service — backed by Asia’s richest man, Mukesh Ambani — introduced two monthly tiers: Rs […] © 2024 TechCrunch. All rights reserved. For pe…

AI is supercharging coding — and developers are embracing it. In a recent StackOverflow poll, 44% of software engineers said that they use AI tools as part of their development processes now and 26% plan to soon. Gartner estimates that over half of organizations are currently piloting or have already deployed AI-driven coding assistants, and […] © 2024 TechCrunch. All rights reserved. For persona…

Though many eyes are on space as orbit develops into a thriving business ecosystem, Radical is keeping things a little closer to the ground — but not too close. Its high-altitude, solar-powered aircraft aim to succeed where Facebook’s infamous Aquila failed by refining the tech and embracing more markets. It’s hard to believe that Facebook’s […] © 2024 TechCrunch. All rights reserved. For persona…

Stripe continues to hold the title of being the biggest financial technology business still in private hands, with a current valuation of about $65 billion and a whopping $1 trillion in total processed payment volume last year alone. But fintech is fragmented and a fast-moving target, and with competitors chipping away at its place, Stripe is […] © 2024 TechCrunch. All rights reserved. For person…

Enterprises still don't trust OpenAI, while open source AI models are cheaper and more than sufficient for targeted specific tasks, Nova AI founder says. © 2024 TechCrunch. All rights reserved. For personal use only.