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New Federal Rule to Speed Up McDonald's Ice Cream Repairs

New Federal Rule to Speed Up McDonald's Ice Cream Repairs

A new federal ruling is set to improve the notorious downtime of McDonald's ice cream machines by allowing more technicians to repair them. Historically, strict copyright laws limited repairs to licensed technicians only, making access difficult. The ruling enables technicians to bypass locks on McFlurry machines, enhancing repair speed and efficiency. This decision is viewed as a significant victory for the right to repair movement. Previously, franchise owners faced restrictions on using certain devices to fix these machines, but now they can proceed without limitation.

Created at: October 26, 2024 12:30am

Kyte Cuts Staff and Markets to Survive in Competitive Rental Car Space

Kyte Cuts Staff and Markets to Survive in Competitive Rental Car Space

Rental car startup Kyte is reducing its operations significantly by exiting most U.S. markets and slashing its workforce by up to 50% as it aims for profitability. The company, which is now focusing on San Francisco and New York City, had previously expanded to over a dozen markets. CEO Nikolaus Volk stated that the decision was made after realizing the unsustainable unit economics in many regions. Kyte's restructuring follows a series of financial challenges, including heavy borrowing and a recent exploration of a potential sale. The company has also recently completed a new fundraising round.

Created at: October 25, 2024 7:30pm

Crypto Critic Offered Bribe to Remove Fraud Article

Crypto Critic Offered Bribe to Remove Fraud Article

Molly White, a prominent critic of the crypto industry, reported receiving bribes to remove a blog post detailing the arrest of FutureNet founder Roman Ziemian. The post highlighted allegations of a $21 million fraud scheme. An unidentified individual claimed to run a reputation management company and initially offered $200, then $500, for the post's removal. White declined, citing no errors in her reporting. Subsequently, a purported lawyer, Michael Woods, attempted to intimidate her with a DMCA claim, offering $100 for the same removal. White reaffirmed her commitment to factual reporting despite the pressures.

Created at: October 25, 2024 6:00pm

TechCrunch Disrupt 2024 Kicks Off in San Francisco This Weekend!

TechCrunch Disrupt 2024 Kicks Off in San Francisco This Weekend!

TechCrunch Disrupt 2024 is set to begin on October 28 at Moscone West in San Francisco, featuring over 10,000 startup and VC leaders. Attendees can expect to learn from more than 250 industry experts across 200 deep-dive sessions. Key partners, including SAP and Kama Capital, will host roundtables and breakout sessions, while new startups will showcase innovations in the Expo Hall. Ticket prices will increase at the door, emphasizing early registration. The event promises an unforgettable experience for entrepreneurs and investors alike.

Created at: October 25, 2024 5:30pm

OpenAI Confirms No Orion Model Release in 2024

OpenAI Confirms No Orion Model Release in 2024

OpenAI has announced it will not release a model codenamed Orion this year, refuting recent claims from The Verge. A spokesperson clarified that while Orion is not launching, the company has plans for other technological advancements. Previously, reports suggested that Orion would debut by December and be accessible to trusted partners first. OpenAI intends to continue developing both new GPT models and reasoning models like o1. The company’s statement leaves room for speculation about possible future releases, keeping the AI community guessing.

Created at: October 25, 2024 5:30pm

Perplexity Surges to 100 Million Weekly Search Queries Amid New Features

Perplexity Surges to 100 Million Weekly Search Queries Amid New Features

Perplexity, the AI-driven search engine, has announced it now processes 100 million search queries weekly, up from 250 million in July, translating to about 400 million monthly. CEO Aravind Srinivas revealed plans for ecommerce features, enabling one-click purchases for Perplexity Pro subscribers. The startup is also negotiating a new ad model with brands like Nike and Marriott. However, Perplexity faces legal challenges from publishers alleging content replication, including lawsuits from News Corp. Additionally, it is in talks to secure $500 million at an $8 billion valuation.

Created at: October 25, 2024 2:30pm

Apple's Finder Winks, Teasing New M4 Mac Announcements Next Week

Apple's Finder Winks, Teasing New M4 Mac Announcements Next Week

Apple has playfully transformed its Finder icon to wink, hinting at upcoming announcements regarding new M4 Macs set to be revealed next week. Although there will be no dedicated October event, Apple plans to unveil the M4 MacBook Pro, M4 Mac mini, and refreshed M4 iMac through press releases and video teasers. The M4 chip, first introduced in the iPad Pro, promises enhanced performance and capabilities. Analysts speculate that these Macs will be designed for improved Apple Intelligence, with more powerful performance expected. Three models will debut next week, while others may come in 2025.

Created at: October 25, 2024 12:30pm

TikTok Accounts: A New Asset in Divorce Settlements

TikTok Accounts: A New Asset in Divorce Settlements

The growing trend of couples facing challenges in dividing shared TikTok accounts during divorce is gaining attention. Kat and Mike Stickler's case highlights the complexities of valuing social media assets, with Kat securing their popular account, which facilitated her purchase of a new condo. As influencers like Vivian Tu emphasize the importance of social media for financial opportunity, divorce attorneys are increasingly navigating these digital assets in settlements. The discussions raise questions about ownership and future potential earnings from platforms like TikTok.

Created at: October 25, 2024 12:00am

Perplexity Hits Back at News Corp's Lawsuit Over Copyright Disputes

Perplexity Hits Back at News Corp's Lawsuit Over Copyright Disputes

Perplexity has responded to News Corp's lawsuit alleging copyright violations, claiming the media conglomerate and others wish generative AI technology did not exist. The startup criticized the media's stance, asserting that they prefer to monopolize publicly reported facts. Perplexity did not address the central accusation of content copying but questioned the validity of some claims made by News Corp. This marks a shift in Perplexity's approach towards media relations, as it attempts to frame the narrative around the benefits of AI tools. The ongoing legal battle highlights tensions between tech and media industries.

Created at: October 24, 2024 9:30pm

Lumen Orbit Secures $10M in Oversubscribed Seed Round from Y Combinator

Lumen Orbit Secures $10M in Oversubscribed Seed Round from Y Combinator

Lumen Orbit has successfully closed an oversubscribed seed funding round exceeding $10 million, marking it as a standout in Y Combinator's latest cohort. The startup aims to revolutionize data processing by establishing a network of space-based data centers capable of supporting large AI models. Founded in early 2024, Lumen is set to launch its demonstrator satellite in 2025, partnering with Nvidia’s Inception program. With increasing demand for energy-efficient data solutions, Lumen's innovative approach has attracted significant VC interest despite challenges in customer adoption. The startup previously raised $2.4 million in pre-seed funding earlier this year.

Created at: October 24, 2024 9:30pm

Tesla's $25,000 EV Vision Turns to Doubt

Tesla's $25,000 EV Vision Turns to Doubt

During Tesla's recent earnings call, CEO Elon Musk dismissed the long-anticipated $25,000 electric vehicle, labeling it 'pointless' and favoring the Cybercab robotaxi instead. This statement marks a significant shift from Musk's earlier assurances made in 2020 about the feasibility of a low-cost Tesla. Internal discussions revealed ongoing debates within Tesla about pursuing a manually drivable vehicle alongside the robotaxi, but recent reports indicate plans for the lower-cost model have been scrapped. The company now focuses on developing new affordable models, leaving many questions unanswered about their future offerings.

Created at: October 24, 2024 7:30pm

Zero Motorcycles Secures $120 Million in New Funding Round

Zero Motorcycles Secures $120 Million in New Funding Round

Zero Motorcycles is closing in on a funding round exceeding $120 million, as reported in a recent SEC filing. The electric motorcycle company has already raised approximately $100 million from two undisclosed investors. This funding will aid in expansion and the development of new models, although further specifics were not disclosed. This marks Zero's first funding since its $107 million round in 2022. Despite challenges in the electric motorcycle sector, Zero aims to continue innovating and refreshing its offerings annually.

Created at: October 24, 2024 6:30pm

Radiant Capital Hacker Moves $52M Stolen Crypto to Ethereum

Radiant Capital Hacker Moves $52M Stolen Crypto to Ethereum

Radiant Capital, a decentralized finance lender, faces a serious security breach after a hacker transferred $52 million worth of stolen cryptocurrency to the Ethereum network. The transfer, involving approximately 20,500 ETH, was detected by blockchain security firm PeckShield. The hacker used malware to compromise the wallets of three developers, and the company is now collaborating with US law enforcement to recover the assets. This incident is part of a troubling trend, with 2024 witnessing a significant rise in cryptocurrency hacks, totaling $1.38 billion looted by mid-year.

Created at: October 24, 2024 2:30pm

UK Regulator Launches Probe into Alphabet's Investment in Anthropic

UK Regulator Launches Probe into Alphabet's Investment in Anthropic

The U.K. Competition and Markets Authority (CMA) is set to investigate Alphabet's significant investments in AI startup Anthropic, totaling approximately $2.3 billion. This investigation follows a prior inquiry regarding Alphabet's engagement with Anthropic and its potential impact on competition. Unlike Amazon's partnership with Anthropic, which the CMA could not examine due to merger rules, Alphabet's deal has been deemed relevant for scrutiny. The CMA expects to make a decision on whether to escalate the investigation by December 19, 2024, amidst a growing trend of tech firms acquiring innovative startups.

Created at: October 24, 2024 2:30pm

AI Networking Startup Boardy Secures $3M Pre-Seed Funding

AI Networking Startup Boardy Secures $3M Pre-Seed Funding

Boardy, an AI-driven networking startup, has successfully closed a $3 million pre-seed funding round. Co-founded by Andrew D’Souza and the Boyed brothers, the startup aims to combat social isolation by connecting users through AI voice technology. Users share their professional needs with 'Boardy', an AI assistant that identifies potential connections within its growing network. D’Souza envisions Boardy as a tool that enhances human interaction rather than replacing it. The fresh capital will be used to enhance AI capabilities and expand the network, as competition in AI social networking grows.

Created at: October 24, 2024 1:30pm

Supply Chain Startup Interos Secures $40M in Growth Funding Amid Rising Disruptions

Supply Chain Startup Interos Secures $40M in Growth Funding
Amid Rising Disruptions

Interos, a supply chain risk intelligence firm, has secured $40 million in a strategic growth round led by Blue Owl Capital. The funding will enhance its AI capabilities and product development as it continues to grow its customer base, which includes major clients like Google and NASA. Interos reported a 35% revenue growth year-over-year, driven by increasing demand for supply chain monitoring amid global disruptions. The company, founded in 2005, aims to streamline risk assessment across supply chains, scoring suppliers to identify potential threats.

Created at: October 24, 2024 1:00pm

Nvidia Expands AI Footprint in India with New Partnerships

Nvidia Expands AI Footprint in India with New Partnerships

Nvidia has announced significant partnerships with Indian companies to enhance its AI technology deployment during its AI Summit in Mumbai. Tech Mahindra will leverage Nvidia's technology for the Indus 2.0 Hindi language AI model, while Tata Communications and Yotta Data Services plan to integrate thousands of H100 chips by the end of 2024. Other firms, including Flipkart and Zoho Corp, are also set to utilize Nvidia's solutions for language model development. This initiative follows Nvidia's existing collaborations, aimed at driving AI capabilities within India's rapidly evolving tech sector.

Created at: October 24, 2024 6:30am

Flock Safety Acquires Drone Startup Aerodome for Over $300 Million

Flock Safety Acquires Drone Startup Aerodome for Over $300 Million

Flock Safety has announced its acquisition of Aerodome, a drone startup, for over $300 million, marking one of the largest tech deals in public safety history. Founded just 17 months ago by former police officer Rahul Sidhu, Aerodome specializes in drone technology that enables autonomous first-response capabilities. The acquisition will enhance Flock Safety's focus on police drones, adding to its existing surveillance technologies. Flock plans to hire 100 new engineers to support this expansion and compete directly with other drone manufacturers. The deal signifies a pivotal shift in public safety tech advancement.

Created at: October 23, 2024 6:00pm

Anthropic Unveils Game-Changing AI Agent Model Amid Growing Competition

Anthropic Unveils Game-Changing AI Agent Model Amid Growing Competition

Anthropic has launched its latest AI model, Claude 3.5 Sonnet, designed to interact with web and desktop applications like a human. Although it shows promise for workplace efficiency, the model has faced scrutiny due to its inability to complete tasks effectively. Competing companies like Microsoft and Amazon are also investing in AI agents, indicating a strong market potential estimated at $50 billion by 2030. As organizations explore these technologies, a recent survey reveals that nearly half of executives see them as a pathway to efficiency gains, despite current performance concerns.

Created at: October 23, 2024 5:30pm

Wiz Aims for $1B ARR by 2025 After Rejecting Google’s $23B Offer

Wiz Aims for $1B ARR by 2025 After Rejecting Google’s $23B Offer

Wiz, the cloud security startup, has reached $500 million in annual recurring revenue (ARR) and plans to double that by 2025, setting the stage for an IPO. Co-founder Roy Reznik confirmed that achieving $1 billion in ARR is essential before going public, following their decision to decline Google's $23 billion acquisition offer. Wiz has shown impressive growth, claiming to be the fastest to $100 million ARR within 18 months of launching. With a recent $1 billion funding round, the company continues to expand, including opening an office in London.

Created at: October 23, 2024 3:30pm

Granola Secures $20M Series A Funding Amid Surge in User Base

Granola Secures $20M Series A Funding Amid Surge in User Base

Granola, an AI-powered meeting notepad app, has successfully raised $20 million in Series A funding, primarily from Spark Capital. The app's collaborative approach to note-taking has attracted a diverse user base, with over 57% in leadership roles, surpassing its initial venture capital clientele. Launched in May, Granola has seen a fivefold increase in users, with 70% returning after their first meeting. Future plans include mobile app development, enhanced enterprise features, and team expansion. The company aims to redefine meeting documentation and is actively integrating new AI models for improved performance.

Created at: October 23, 2024 2:00pm

Microsoft's Copilot Studio: Create Custom AI Agents for Enhanced Business Efficiency

Microsoft's Copilot Studio: Create Custom AI Agents for Enhanced Business Efficiency

Microsoft has announced the upcoming launch of Copilot Studio, enabling users to create personalized AI agents aimed at automating routine business tasks. This innovative tool, currently in public preview, offers ten pre-built agents that can operate autonomously, enhancing operational efficiency. Key features include a 'Dynamic Agent Plan' for monitoring decision-making processes and an 'Activity Overview' for tracking agent performance. By leveraging AI technology, businesses can focus on high-value tasks while automating mundane operations, thereby improving customer experience and profitability.

Created at: October 23, 2024 1:30pm

Apple's AI Rollout: Craig Federighi Discusses Siri's Slow Evolution

Apple's AI Rollout: Craig Federighi Discusses Siri's Slow Evolution

Apple's Craig Federighi addressed the ongoing delays in the rollout of Apple Intelligence, emphasizing a personalized and privacy-focused approach rather than mimicking existing chatbots. He stated that the development of Siri and Apple’s AI features is a gradual process, prioritizing quality over speed. Federighi highlighted that improvements to Siri are already underway, aiming for a smarter assistant that understands user context more effectively. This careful strategy aligns with Apple's commitment to user privacy and long-term planning, ensuring that each feature meets high standards before release.

Created at: October 23, 2024 1:30pm

Qualcomm Unveils AI-Powered Cockpit Elite for Next-Gen Vehicles

Qualcomm Unveils AI-Powered Cockpit Elite for Next-Gen Vehicles

Qualcomm has launched its latest Snapdragon Cockpit Elite and Ride Elite platforms, aimed at enhancing in-car experiences through AI and autonomous driving. The Cockpit Elite integrates advanced AI capabilities, supporting multiple large language models and offering hands-free automation features. It boasts a new Oryon CPU and 12x Hexagon NPU for improved performance. Meanwhile, the Ride Elite focuses on self-driving technology, accommodating up to 40 sensors for comprehensive vehicle navigation. Qualcomm’s partnerships with major automotive brands signal its commitment to transforming the automotive industry with innovative chip technology.

Created at: October 23, 2024 1:00pm

Paytm Secures Regulatory Green Light to Boost UPI Payments Growth

Paytm Secures Regulatory Green Light to Boost UPI Payments Growth

Paytm has received regulatory approval from the NPCI to resume adding new UPI payments users after an eight-month restriction. The approval comes as Paytm's market share dwindled from 13% to 8% due to central bank limitations. UPI, which facilitates over 15 billion monthly transactions in India, is dominated by PhonePe and Google Pay. Analysts view this development as crucial for reviving Paytm's user growth, which has decreased from 100 million to 68 million. Despite a revenue increase to $197.4 million, year-on-year figures show a decline of 34%. Profit for the quarter rose to $110 million, aided by a one-time gain.

Created at: October 23, 2024 4:00am

Ro CEO Emphasizes Growing Benefits of Staying Private Amid IPO Speculations

Ro CEO Emphasizes Growing Benefits of Staying Private Amid IPO Speculations

Zachariah Reitano, co-founder and CEO of telehealth company Ro, highlighted the increasing advantages of remaining a private entity during an Axios event. Although he refrained from confirming any immediate IPO plans, Reitano expressed a commitment to enhancing patient services. Ro has secured over $1 billion in venture funding, with its latest round valuing the company at $6.6 billion. The firm is also expanding its offerings in weight loss drugs, which are rapidly gaining popularity. This strategy reflects a broader trend among late-stage startups opting for privacy over public listings.

Created at: October 22, 2024 10:00pm

SoLo Funds Faces Class-Action Lawsuit Over Hidden Fees

SoLo Funds Faces Class-Action Lawsuit Over Hidden Fees

Lending fintech SoLo Funds is embroiled in a class-action lawsuit that alleges deceptive practices regarding loan fees. The lawsuit claims the company falsely advertised zero interest fees while promoting 'tip fees' and 'donation fees' that increase borrowing costs. Previous lawsuits from Connecticut, California, and the CFPB have also targeted SoLo Funds for similar issues, including the use of 'digital dark patterns' to mislead consumers. The company has raised over $13 million from investors, including Serena Williams, but has not commented on the latest allegations.

Created at: October 22, 2024 8:30pm

LinkedIn's Follower Count Issue Resolved: Not a Purge After All

LinkedIn's Follower Count Issue Resolved: Not a Purge After All

LinkedIn users experienced a sudden drop in follower counts earlier this week, leading to speculation about a potential purge of fake accounts. Many believed the issue stemmed from the platform's efforts to clean out inactive or duplicate profiles. However, LinkedIn later clarified that this was merely a bug and has since been resolved. The company acknowledged the confusion but did not provide further details on the cause. Users expressed concern over losing followers, emphasizing the importance of follower counts for personal branding and business marketing. LinkedIn's communication delays contributed to the uproar among users.

Created at: October 22, 2024 7:00pm

OpenAI Welcomes First Chief Economist to Drive AI's Economic Impact

OpenAI Welcomes First Chief Economist to Drive AI's Economic Impact

OpenAI has appointed Aaron Chatterji as its first chief economist, previously serving in the Biden administration and as a professor at Duke University. Chatterji will focus on researching AI's effects on economic growth and employment opportunities. He was instrumental in the implementation of the 2022 CHIPS Act, which allocated $280 billion for U.S. chip development. Alongside Chatterji, Scott Schools has been hired as chief compliance officer to oversee legal and ethical standards at OpenAI. These strategic hires signal OpenAI's commitment to addressing the economic implications of artificial intelligence.

Created at: October 22, 2024 6:00pm

SEC Fines Four Companies $7 Million for Misleading Cyber Disclosures

SEC Fines Four Companies $7 Million for Misleading Cyber Disclosures

The SEC has charged four companies, including Check Point and Mimecast, for misleading disclosures related to the 2019 SolarWinds data breach. Check Point will pay $995,000, while Mimecast will face a penalty of $990,000. Unisys and Avaya will pay $4 million and $1 million respectively. The SEC stated that these companies downplayed the severity of the breaches, leaving investors uninformed. Each firm has agreed to cease future violations while not admitting to the findings. The SEC emphasizes the importance of accurate disclosures in the face of cyberattacks.

Created at: October 22, 2024 5:00pm

Anthropic's Claude 3.5: Revolutionizing Office Automation with 'Computer Use'

Anthropic's Claude 3.5: Revolutionizing Office Automation with 'Computer Use'

Anthropic has launched its latest AI model, Claude 3.5, featuring a groundbreaking 'Computer Use' capability that allows it to interact with screens and applications like a human. This innovation promises unprecedented automation across complex workflows in various industries. Early adopters like GitLab, Canva, and Replit are already seeing productivity boosts. Claude's ability to fill out forms and manage tasks across multiple systems could transform sectors such as finance and legal services. Robust security measures ensure safe operation, while the technology is currently in limited public beta, with wider implications for the future of digital workflows.

Created at: October 22, 2024 4:30pm

Massive Supply Chain Attack Redirects Users to Copycat Gambling Sites

Massive Supply Chain Attack Redirects Users to Copycat Gambling Sites

Security researchers have uncovered a major supply chain attack linked to the company FUNNULL, which redirected users to thousands of fraudulent gambling sites. After acquiring the Polyfill.io domain, FUNNULL exploited its legitimate access to embed malware across numerous websites. The attack, identified by Silent Push, involved around 40,000 Chinese-language sites impersonating well-known casino brands. FUNNULL's obscure operations raise concerns about potential money laundering activities. Despite inquiries, FUNNULL remains unresponsive, leaving the nature of their activities largely speculative.

Created at: October 22, 2024 4:30pm

11,500 Creatives Unite Against AI Data Scraping

11,500 Creatives Unite Against AI Data Scraping

A petition signed by 11,500 creatives, including notable figures like Kevin Bacon and Kazuo Ishiguro, opposes the unlicensed use of their works for AI training. The signatories warn that this practice threatens their livelihoods. The petition was initiated by composer Ed Newton-Rex, who claims AI companies are 'dehumanizing' creative works. This movement emerges as U.K. lawmakers consider an 'opt-out' model for AI content scraping. The message is clear: protecting creative rights must be prioritized in the face of advancing AI technology.

Created at: October 22, 2024 4:00pm

U.S. AI Safety Institute Faces Uncertain Future Amid Congress Debate

U.S. AI Safety Institute Faces Uncertain Future Amid Congress Debate

The U.S. AI Safety Institute (AISI) may be dismantled if Congress fails to authorize its existence. Established in November 2023 under President Biden's AI Executive Order, the AISI is crucial for assessing AI safety. A coalition of over 60 organizations, including OpenAI and Anthropic, urges Congress to pass legislation for its continuation. Current funding is around $10 million, but authorization could secure long-term financial support. Concerns arise that disbanding the AISI could hinder U.S. leadership in AI, especially as international collaborations emerge.

Created at: October 22, 2024 3:30pm

TechCrunch Disrupt 2024: Last Chance to Save on Tickets!

TechCrunch Disrupt 2024: Last Chance to Save on Tickets!

TechCrunch Disrupt 2024 is just six days away, taking place from October 28-30 at Moscone West, San Francisco. Attendees can connect with over 10,000 industry leaders and explore 350+ innovative startups. Ticket prices will increase after October 27, offering a chance to save up to $400. Guests can also take advantage of a 2-for-1 Expo+ Pass deal. The event features 250+ expert speakers and 200+ hands-on sessions, alongside the high-stakes Startup Battlefield 200 competition. Don't miss the opportunity to network and gain insights from top professionals.

Created at: October 22, 2024 3:00pm

Epic Games Launches 'Fab' Marketplace for Digital Assets

Epic Games Launches 'Fab' Marketplace for Digital Assets

Epic Games has launched the 'Fab' marketplace, a comprehensive platform for developers to buy, sell, or trade digital assets. This one-stop shop consolidates previous platforms like the Unreal Engine Marketplace and Sketchfab Store, making it easier for creators to access tools for content development. Initially set to launch in March 2023, delays pushed the release to October 2024. Fab aims to support various digital content creation tools, including Unreal Engine and Unity 3D. It also marks a step towards Epic's vision of a metaverse.

Created at: October 22, 2024 2:30pm

Marc Andreessen Warns AI Developers of a 'Race to the Bottom'

Marc Andreessen Warns AI Developers of a 'Race to the Bottom'

At the Ray Summit conference, Marc Andreessen, general partner at Andreessen Horowitz, cautioned that AI model makers are engaged in a detrimental 'race to the bottom' concerning large language model (LLM) development. He highlighted the lack of product differentiation in the industry, likening it to 'selling rice.' Andreessen, whose firm invested in OpenAI's $300 million funding round, emphasized that the current landscape allows anyone to create an LLM, leading to commodification. His remarks resonate with both aspiring entrepreneurs and seasoned investors in the tech space.

Created at: October 22, 2024 1:30pm

Meta Develops Facial Recognition Tool to Combat Celebrity Deepfakes

Meta Develops Facial Recognition Tool to Combat Celebrity Deepfakes

Meta is testing a new facial recognition tool designed to help users identify celebrity deepfakes and fraudulent online campaigns. This tool aims to enhance online safety by detecting scams that exploit celebrity likenesses. Additionally, it will assist users in recovering locked accounts on Meta's platforms by verifying their identities. The tool will cross-match legitimate celebrity photos with potential scams, automatically blocking confirmed fakes. This effort follows the shutdown of Meta's previous facial recognition technology, signaling a renewed focus on digital security amid rising AI-generated misinformation.

Created at: October 22, 2024 12:30pm

CrewAI Secures $18M to Automate Business Processes Using Third-Party AI Models

CrewAI Secures $18M to Automate Business Processes Using Third-Party AI Models

CrewAI, founded by former Clearbit AI lead João Moura, has raised $18 million to automate repetitive business tasks like onboarding and report summarization. The company utilizes existing AI models from vendors such as OpenAI to create flexible workflow automations, aiming to offer a more resilient alternative to traditional robotic process automation (RPA). In its first year, CrewAI has attracted 150 customers and is valued at approximately $100 million. The platform also introduces Enterprise Cloud for enhanced analytics and support, with plans for further workforce growth and product expansion.

Created at: October 22, 2024 11:30am

Tim Cook's Dual Role: Apple CEO and Nike Board Director

Tim Cook's Dual Role: Apple CEO and Nike Board Director

Tim Cook, Apple's CEO, showcased custom Nike sneakers at the recent iPad launch, highlighting his long-standing connection with Nike, where he has been a board member since 2005. As Nike's lead independent director, Cook played a crucial role in appointing Elliott Hill, a former intern, as the new CEO amid the company's challenges, including slowing growth in China. Hill replaces John Donahoe, who faced difficulties in his four-year tenure. This collaboration underscores Cook's influence in both tech and athletic industries.

Created at: October 22, 2024 6:00am