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APIsec Faces Major Security Breach as Customer Data Exposed

APIsec Faces Major Security Breach as Customer Data Exposed

API testing firm APIsec confirmed a significant security lapse, exposing an internal database containing sensitive customer data online for days without a password. The database, discovered by UpGuard, included names, email addresses, and security posture details of APIsec’s corporate customers, dating back to 2018. APIsec founder Faizel Lakhani initially downplayed the issue, claiming the database held 'test data,' but later acknowledged real customer information was leaked. The company has since notified affected customers and is investigating the breach, which was attributed to human error.

Created at: March 31, 2025 5:30pm

Blue Origin Sets Sights on Second New Glenn Launch in Late Spring

Blue Origin Sets Sights on Second New Glenn Launch in Late Spring

Blue Origin has announced plans for the second launch of its New Glenn mega-rocket in late spring. Following a thorough investigation into the failure of its booster stage during January's inaugural flight, the company has identified seven corrective actions focused on propellant management and engine bleed control. This information has been submitted to the FAA. The New Glenn rocket, essential for Blue Origin's ambitions in the orbital launch market, aims to compete with SpaceX. Despite past delays, the company remains committed to proving the rocket's capabilities in future test flights.

Created at: March 31, 2025 5:30pm

OpenAI Temporarily Disables Image Generation for New Sora Users Amid Capacity Issues

OpenAI Temporarily Disables Image Generation for New Sora Users Amid Capacity Issues

OpenAI has temporarily disabled image generation for new users of its Sora media tools due to overwhelming demand. The company is grappling with capacity challenges following the launch of its viral image generation feature. A note on their support page confirmed that while new accounts can't generate videos, existing users can still create images. CEO Sam Altman acknowledged the struggles in keeping the service operational, revealing that staff have been working extended hours. OpenAI's image generation capability had previously garnered attention for its unique style mimicry.

Created at: March 31, 2025 5:00pm

Harbinger Challenges Canoo's Asset Sale Amid Bankruptcy Chaos

Harbinger Challenges Canoo's Asset Sale Amid Bankruptcy Chaos

Electric truck manufacturer Harbinger has raised objections against Canoo's asset sale to CEO Anthony Aquila, claiming the latter is concealing certain assets and misrepresenting ownership. Filed late Friday, Harbinger's complaint highlights concerns over an uncompetitive sale process that allegedly favored Aquila. The objections arise from Harbinger's own interest in the assets and access to relevant data. This dispute is a continuation of the fraught relationship between the two companies, with legal battles ongoing since Harbinger's inception by former Canoo employees in 2021. The bankruptcy trustee and Canoo's legal representatives have yet to comment.

Created at: March 31, 2025 4:00pm

Substack Launches TikTok-like Video Feed to Boost Creator Engagement

Substack Launches TikTok-like Video Feed to Boost Creator Engagement

Substack is enhancing its app with a new scrollable video feed, similar to TikTok, aiming to attract users amid TikTok's uncertain status in the U.S. This feature follows Substack's initiative to allow creators to monetize video content. The redesigned feed will showcase short videos under ten minutes and is designed to improve visibility for creators and diversify content beyond text-based newsletters. The platform reports that 82% of its top-earning writers are already utilizing multimedia, a significant increase from last year. Substack hopes this move will further stimulate audience growth.

Created at: March 31, 2025 4:00pm

Trump Promises TikTok Deal Before April 5 Deadline

Trump Promises TikTok Deal Before April 5 Deadline

President Donald Trump announced that a deal with TikTok's parent company, ByteDance, will be finalized before the April 5 deadline. He mentioned significant interest from potential buyers, stating, "There’s tremendous interest in TikTok." The deadline was extended in January after an executive order. Reports indicate that Blackstone is considering acquiring a stake in TikTok’s U.S. operations, potentially joining existing investors. Trump remains open to further extending the deadline if necessary, emphasizing the importance of the app's survival.

Created at: March 31, 2025 3:30pm

Runway Unveils Gen-4: A Revolutionary AI Video Generator

Runway Unveils Gen-4: A Revolutionary AI Video Generator

AI startup Runway has launched Gen-4, a high-fidelity video-generating AI model designed for individual and enterprise customers. The tool promises consistent characters and environments, allowing users to create dynamic videos without fine-tuning. Supported by investors like Salesforce and Google, Runway is venturing into the competitive landscape of AI video generation. As it faces legal challenges regarding copyright issues, the company aims to secure a new funding round valued at $4 billion. A recent study indicates that generative AI could disrupt over 100,000 entertainment jobs by 2026.

Created at: March 31, 2025 3:30pm

Manus AI Unveils Subscription Plans and iOS App

Manus AI Unveils Subscription Plans and iOS App

Manus AI, the emerging AI agent platform from China, has launched two subscription plans starting at $39 per month. The platform, currently in beta, assists users with various tasks, though it has faced criticism for not fully delivering on its promises. The basic plan includes 3,900 credits and allows two simultaneous tasks, while the premium plan at $199 offers 19,900 credits and five tasks concurrently. Manus has also released a mobile app and upgraded its AI model to Anthropic’s Claude 3.7 Sonnet, aiming to enhance user experience amidst ongoing development.

Created at: March 31, 2025 2:00pm

Last Chance to Save on TechCrunch All Stage Passes!

Last Chance to Save on TechCrunch All Stage Passes!

TechCrunch is reminding founders and investors that there are less than 24 hours left to secure discounted passes for the All Stage event. This event, happening on July 15 in Boston, is designed to connect 1,200 founders and investors and provide key insights for startup growth. Attendees can participate in targeted breakout sessions, network during intimate meetings, and discover new strategies from industry experts. Early registrants can save over $300 on their passes, but prices will increase after tonight. Don't miss this opportunity to enhance your startup's potential.

Created at: March 31, 2025 2:00pm

Temporal Secures $146 Million to Propel AI-Driven Microservices

Temporal Secures $146 Million to Propel AI-Driven Microservices

Temporal, a Seattle-based microservices platform, has raised $146 million in a Series C funding round led by Tiger Global, enhancing its valuation to $1.72 billion. This investment aims to expand its offerings into agentic AI, with plans for significant R&D and marketing efforts. Recent developments include the launch of Nexus, a feature enhancing security and modularity in its cloud services. The company's revenue has surged 4.4x in 18 months, boasting 183,000 active open-source users and 2,500 enterprise clients, including major names like Nvidia and Stripe. Temporal aims to grow its workforce to over 300 and expand into EMEA and Asia-Pacific.

Created at: March 31, 2025 1:30pm

Amazon Launches Nova Act, an AI Agent for Web Browser Control

Amazon Launches Nova Act, an AI Agent for Web Browser Control

Amazon has introduced Nova Act, a general-purpose AI agent capable of controlling web browsers to perform simple tasks. This new technology, developed in Amazon's San Francisco AGI lab, comes with the Nova Act SDK for developers to create agent prototypes. Nova Act will also enhance the upcoming Alexa+ version of the popular voice assistant. Early tests show it outperforming agents from competitors like OpenAI. Designed for automating tasks like ordering food, Nova Act aims to improve the usability of AI agents, addressing reliability issues seen in existing models.

Created at: March 31, 2025 1:00pm

Google Maps Enhances Hurricane Preparedness with Ice Locator Feature

Google Maps Enhances Hurricane Preparedness with Ice Locator Feature

Google Maps has introduced new features to assist users in locating essential supplies, such as ice, during hurricane season. The 'Products Nearby' option allows users to search for ice suppliers easily. By using either the app or web version, individuals can quickly find nearby stores, check their hours, and save locations for later. Additionally, Google Maps offers a Crisis Sheet for real-time alerts regarding emergencies in specific areas. This enhancement aims to help residents make informed decisions and ensure safety during unpredictable weather events.

Created at: March 31, 2025 12:00pm

Chime Offers Competitive Interest Rates as It Prepares for IPO

Chime Offers Competitive Interest Rates as It Prepares for IPO

Chime is ramping up its offerings ahead of its public debut by providing an attractive 3.75% APY for customers who set up direct deposit into their accounts. This rate significantly surpasses the national average of 0.61% APY. The digital bank, which has 7 million customers, aims to enhance customer retention with new features like a redesigned app and cashback offers. Chime, valued at $25 billion, has raised $2.65 billion from notable investors. Its latest enhancements reflect a broader trend in fintech, where companies are innovating to attract users.

Created at: March 31, 2025 12:00pm

Perplexity CEO Assures Users: No Financial Woes and No IPO Until 2028

Perplexity CEO Assures Users: No Financial Woes and No IPO Until 2028

Perplexity's CEO, Aravind Srinivas, addressed concerns regarding the company's financial stability in a Reddit post. He clarified that the company is not facing significant financial issues and emphasized the growth in their revenue. Responding to a user's theory of cost-cutting measures, Srinivas explained that the introduction of the Auto mode is aimed at simplifying user experience. He further stated that there are no plans for an IPO before 2028, assuring users that all raised funding is secure and operational. The company is focused on providing a user-friendly AI product.

Created at: March 30, 2025 8:00pm

AI Models Surge: The Latest Innovations Transforming Technology

AI Models Surge: The Latest Innovations Transforming Technology

TechCrunch recently highlighted the rapid development of AI models, showcasing advancements from major players like Google and OpenAI alongside innovative startups. The overview includes notable releases such as Google Gemini 2.5, OpenAI's GPT-4o image generator, and Cohere's Aya Vision, each with unique functionalities and subscription requirements. Despite the overwhelming number of models available, TechCrunch aims to keep their list updated for those seeking to navigate this evolving landscape. The article serves as a guide for users looking to leverage these cutting-edge technologies effectively.

Created at: March 30, 2025 5:30pm

Bluesky's Ecosystem Grows: New Apps Built on AT Protocol Unveiled

Bluesky's Ecosystem Grows: New Apps Built on AT Protocol Unveiled

Bluesky, the emerging social network, has reached over 33 million users, fueling a surge in new applications based on its AT Protocol. Developers gathered at the ATmosphere conference to discuss advancements and challenges in creating an open social web. Notable apps include Flashes, a photo-sharing platform that saw 30,000 downloads in its first 24 hours, and Streamplace, which offers livestreaming services. Other innovations like Germ and Surf emphasize user control and customizable feeds. As the ecosystem expands, the potential for decentralized social experiences continues to grow.

Created at: March 30, 2025 3:00pm

Tech Companies Accelerate Solar Power Deals Amid Data Center Expansion

Tech Companies Accelerate Solar Power Deals Amid Data Center Expansion

As the demand for AI capabilities surges, tech giants are expanding their data centers, significantly increasing power needs. JLL predicts that this growth will double power demand by 2029, creating a surge in solar energy deals. Meta, Microsoft, and Amazon have recently secured substantial solar contracts, with Meta alone backing several projects totaling over 1.3 gigawatts. Solar offers a quick deployment advantage over other energy sources, making it attractive for tech firms. This trend of investing in solar power is expected to continue as companies strive for sustainable energy solutions.

Created at: March 30, 2025 2:30pm

Last Chance: Save $300+ on TechCrunch All Stage Passes Before March 31!

Last Chance: Save $300+ on TechCrunch All Stage Passes Before March 31!

TechCrunch is reminding entrepreneurs and investors that there are less than 48 hours to secure discounted passes for the All Stage event on July 15 in Boston. Attendees will benefit from insights on scaling strategies, networking opportunities, and expert-led sessions tailored to all startup stages. Founders can learn crucial techniques for funding and growth, while investors will find promising startups to support. Prices will increase after March 31, so participants are encouraged to register soon to maximize their savings.

Created at: March 30, 2025 2:00pm

New Book Reveals Drama Behind Sam Altman's Ouster from OpenAI

New Book Reveals Drama Behind Sam Altman's Ouster from OpenAI

A recent excerpt from ‘The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future’ unveils details surrounding the brief firing of OpenAI CEO Sam Altman in 2023. The book, authored by Keach Hagey, indicates that board members were alarmed by Altman's ownership of the OpenAI Startup Fund and alleged misconduct. Evidence compiled by Ilya Sutskever and Mira Murati, including claims of misleading statements regarding GPT-4 Turbo, led to Altman's ousting. However, employee backlash prompted his swift return, while Sutskever and Murati exited to start their own ventures.

Created at: March 29, 2025 8:30pm

Amazon Restructures Streaming Leadership as Jennifer Salke Steps Down

Amazon Restructures Streaming Leadership as Jennifer Salke Steps Down

Amazon has announced that Jennifer Salke will step down as head of Amazon MGM Studios, signaling potential dissatisfaction with the company's streaming strategy. Salke's departure, praised by her superior Mike Hopkins, will not be filled, leading to a flatter leadership structure. Under her leadership, Amazon experienced both successes and challenges, with high-profile shows like 'The Lord of the Rings: The Rings of Power' and 'Citadel' failing to meet expectations. Meanwhile, production on a new James Bond film remains stalled. Salke plans to launch her own production company with a deal at Amazon.

Created at: March 29, 2025 7:00pm

Elon Musk’s xAI Acquires X in Major All-Stock Deal

Elon Musk’s xAI Acquires X in Major All-Stock Deal

Elon Musk announced on X that his artificial intelligence company, xAI, has acquired X in an all-stock transaction valued at $80 billion for xAI and $33 billion for X. This strategic move aims to enhance their combined capabilities in data, models, and talent. Meanwhile, a16z-backed startup 11x faces allegations of financial misrepresentation, and Block CEO Jack Dorsey revealed layoffs affecting 931 employees. Additionally, President Trump granted a pardon to Trevor Milton, founder of Nikola, recently bankrupt due to fraud. Rivian's skunkworks project has spun out as a new company named Also, securing $105 million in funding.

Created at: March 29, 2025 5:30pm

CoreWeave's $1.5B IPO: A Milestone in AI and Crypto Mining

CoreWeave's $1.5B IPO: A Milestone in AI and Crypto Mining

CoreWeave successfully launched its IPO, raising $1.5 billion with a market cap of $14 billion, despite a modest start at $40 per share. This marks the largest AI-related IPO to date and the most significant U.S. tech IPO since 2021. Founded by former hedge fund managers, CoreWeave evolved from a crypto mining operation into a major player in AI infrastructure, boasting 250,000 GPUs and partnerships with industry leaders like OpenAI. However, the company faces challenges with $7.6 billion in debt, which has investors cautious about its future growth prospects.

Created at: March 29, 2025 4:30pm

Intel Capital to Spin Out, Marking a New Era for Venture Investment

Intel Capital to Spin Out, Marking a New Era for Venture Investment

Intel Capital plans to spin out from its parent company Intel, a surprising move after 34 years as the semiconductor giant's venture arm. With over $20 billion invested in 1,800 companies, the firm aims to retain its operational benefits while gaining independence. Vice President Mark Rostick indicated that recent successes, including a notable exit with Astera Labs, bolstered confidence in attracting outside investors. Despite some internal departures, the firm is set to operate as usual while preparing for a fully independent transition by Q3 2025, focusing on early-stage investments in key tech areas.

Created at: March 29, 2025 3:00pm

Final Call: Save Up to $320 on TechCrunch All Stage Tickets Before March 31!

Final Call: Save Up to $320 on TechCrunch All Stage Tickets Before March 31!

TechCrunch is urging founders and investors to seize the last opportunity to secure Early Bird pricing for the highly anticipated All Stage event on July 15 in Boston. Attendees can save over $300 until March 31 at 11:59 p.m. PT. This event promises to gather 1,200 founders and venture capitalists, offering invaluable insights and networking opportunities. Breakout sessions will focus on key topics, from launching startups to preparing for IPOs. Don't miss the chance to connect, learn, and grow before ticket prices increase!

Created at: March 29, 2025 2:30pm

Africa's Startup Landscape: A Mixed Bag of Growth and Challenges

Africa's Startup Landscape: A Mixed Bag of Growth and Challenges

In 2025, African startups saw funding surpass $2 billion, a return to pre-pandemic levels amidst a decline in mega-deals. This trend has prompted investors to focus on sustainable business models, leading to high-profile closures, including Copia and Gro Intelligence. While some startups pivoted to adapt, others like Moniepoint and TymeBank achieved unicorn status through significant investments. The landscape reflects both escalating challenges and resilient adaptations, highlighting the continent's potential and shaping future conversations in tech. The spotlight remains on these billion-dollar ventures and emerging 'soonicorns.'

Created at: March 29, 2025 2:30pm

Google Maps Becomes Default Navigation App for iPhone Users in the EU

Google Maps Becomes Default Navigation App for iPhone Users in the EU

iPhone users in the European Union can now set Google Maps as their default navigation app, moving away from Apple Maps. This change comes as part of the European Union's push for greater app customization, allowing users to choose their preferred navigation tools. The update is included in the upcoming iOS 18.4 release, which also enables users to select default apps for emails, web browsing, and messaging. To set Google Maps as the default, users must update the app and adjust their settings accordingly. This feature empowers EU users with more navigation options.

Created at: March 29, 2025 10:00am

Elon Musk's xAI Acquires X, Ushering in an AI-Driven Future

Elon Musk's xAI Acquires X, Ushering in an AI-Driven Future

Elon Musk's AI startup, xAI, has officially acquired the social media platform X, previously known as Twitter, through an all-stock transaction. This acquisition values xAI at $80 billion and X at $33 billion after accounting for debt. Musk envisions a future where both companies combine their strengths, enhancing user experiences with AI-driven innovations. The integration aims to leverage data and talents from both platforms to accelerate human progress. Although specifics remain scarce, Musk's commitment to AI development positions xAI to compete with industry giants like Google and Microsoft.

Created at: March 29, 2025 9:30am

Charlie Javice Found Guilty of Defrauding JPMorgan in $175M Acquisition

Charlie Javice Found Guilty of Defrauding JPMorgan in $175M Acquisition

Charlie Javice, founder of the student loan startup Frank, was found guilty of defrauding JPMorgan during its $175 million acquisition of her company. The jury concluded that she inflated Frank's customer count from 300,000 to 4 million, deceiving the bank. Evidence revealed that she hired a math professor to fabricate customer data. The trial lasted five weeks, with Javice's defense claiming buyer's remorse played a role in the suit. She faces a potential prison sentence of decades, with sentencing scheduled for August 2025.

Created at: March 29, 2025 12:30am

Elon Musk's xAI Acquires X in Major All-Stock Deal

Elon Musk's xAI Acquires X in Major All-Stock Deal

Elon Musk announced that xAI has acquired his social media platform X, previously known as Twitter, in an all-stock transaction. The deal values xAI at $80 billion and X at $33 billion after accounting for $12 billion in debt. Musk emphasized that the futures of xAI and X are closely linked, highlighting plans to integrate data, models, and talent. This strategic move is expected to reshape the landscape of AI and social media. More updates on this developing story will follow.

Created at: March 28, 2025 10:00pm

Frank Rotman of QED Investors Shifts Focus to Music Startups

Frank Rotman of QED Investors Shifts Focus to Music Startups

Frank Rotman, co-founder of QED Investors, will step down to pursue his own startups, including ventures in the music industry, as confirmed in a recent X post. After nearly two decades at QED, where he played a pivotal role in numerous fintech investments, Rotman plans to transition to a partner emeritus position by January 1, 2026. He also intends to write a book about his insights on startups and venture capital. QED will promote Amias Gerety to lead its U.S. investment team, ensuring continuity of operations.

Created at: March 28, 2025 9:30pm

Mercury Doubles Valuation Amid Startups Mixed Bag of News

Mercury Doubles Valuation Amid Startups Mixed Bag of News

This week in the startup world saw notable developments, including Mercury's impressive $300 million funding that more than doubled its valuation to $3.5 billion. Meanwhile, Cerebras Systems faced another IPO delay as its national security review continues. The nuclear startup Terrestrial Energy went public via SPAC, raising $280 million. In contrast, Plenty, a vertical farming company, filed for bankruptcy after raising nearly $1 billion. Block laid off 931 employees, and rumors surfaced of Nvidia nearing an acquisition of Lepton AI. The funding landscape remains active with various startups securing significant investments.

Created at: March 28, 2025 5:30pm

Willow Acquires Elvie as Femtech Faces Consolidation Challenges

Willow Acquires Elvie as Femtech Faces Consolidation Challenges

Willow, a San Francisco-based startup known for its wearable breast pumps, has acquired Elvie, a UK femtech pioneer entering administration. This merger comes amid a challenging market for women's health startups, which have raised over $5 billion in funding over five years but are now facing significant headwinds. Elvie, which raised $186 million, struggled to maintain its valuation and operations. Willow aims to capitalize on this acquisition to create a broader platform amid dwindling exit opportunities in the femtech sector. The deal reflects ongoing consolidation trends in the industry as both companies adapt to market pressures.

Created at: March 28, 2025 5:30pm

Lucid Motors to Launch Deliveries of Gravity SUV by End of April

Lucid Motors to Launch Deliveries of Gravity SUV by End of April

Lucid Motors is set to resume customer deliveries for its all-electric Gravity SUV by the end of April. This marks a crucial milestone for the company as it expands its offerings beyond the Lucid Air sedan. Orders for the seven-seater SUV opened in November 2024, with initial deliveries made to employees and their families. Interim CEO Marc Winterhoff announced that production is ramping up at their Arizona factory. The Gravity features impressive specifications, including a 450-mile EPA range and sports car-like performance, priced at $94,900.

Created at: March 28, 2025 4:00pm

Zuckerberg Reflects on Watching 'The Social Network' with Employees

Zuckerberg Reflects on Watching 'The Social Network' with Employees

In a recent podcast appearance, Mark Zuckerberg shared his thoughts on watching 'The Social Network' with Facebook employees. He described the experience as 'weird' due to the film's portrayal of his life, particularly its inaccuracies regarding his motivations. Despite the negative aspects, he arranged for the screening, knowing his team would be interested. Zuckerberg emphasized that he was dating Priscilla Chan before Facebook's creation and dismissed the notion that Facemash was a precursor to the platform. His comments highlight ongoing misconceptions about his early years in tech.

Created at: March 28, 2025 3:30pm

YC-backed Taxo Secures $5M to Transform Healthcare Admin with AI

YC-backed Taxo Secures $5M to Transform Healthcare Admin with AI

Taxo, a startup founded by Dr. Ahmed Kerwan, has raised $5 million in a seed round led by Y Combinator, General Catalyst, and Character Capital. The company aims to alleviate the administrative burdens in healthcare through its innovative AI 'reasoning engine,' which enhances transparency and trust among users. Taxo's technology has reportedly increased prior authorization approval rates to 98%. Operating from San Francisco, the startup has already achieved $1 million in annual recurring revenue within six months and serves various healthcare clients, from clinics to government providers.

Created at: March 28, 2025 2:30pm

Trump Pardons Nikola Founder Trevor Milton After Fraud Conviction

Trump Pardons Nikola Founder Trevor Milton After Fraud Conviction

Trevor Milton, founder of the hydrogen trucking startup Nikola, has been pardoned by President Trump following his conviction for securities and wire fraud. Milton was sentenced to four years in prison in December 2023 after misleading investors about Nikola's progress. The pardon arrives shortly after Nikola's Chapter 11 bankruptcy filing, as the company seeks to sell its business. Milton plans to release a documentary detailing his perspective on the events surrounding Nikola. He was previously found guilty by a jury and ordered to pay $168 million to the company during bankruptcy proceedings.

Created at: March 28, 2025 2:00pm

YouTube Premium Unveils Ad-Free Video Sharing Feature with Limits

YouTube Premium Unveils Ad-Free Video Sharing Feature with Limits

YouTube Premium is introducing a new ad-free video sharing feature aimed at enhancing user experience. Premium members can now share up to ten ad-free videos monthly with non-subscribers, potentially converting them into paying customers. This feature is currently being tested in select countries, including Canada, the UK, and Brazil. However, restrictions apply, as shared links will expire after 30 views or 30 days. While this initiative may boost subscriptions, its permanence remains uncertain as Google evaluates its impact.

Created at: March 28, 2025 1:30pm

Google Introduces User Choice Billing on Google Play in the UK

Google Introduces User Choice Billing on Google Play in the UK

Google has announced the rollout of user choice billing for Google Play developers in the U.K., starting March 29, 2025. This initiative allows non-game developers to utilize alternative billing options alongside Google’s system, while maintaining a partial reliance on Google Play billing. Developers opting for third-party billing will receive a 4% discount on fees paid to Google. This change is a direct response to regulatory scrutiny from the Competition and Markets Authority, addressing concerns over Google's market dominance. Similar billing options are already available in several other countries.

Created at: March 28, 2025 12:30pm

Apple's Foldable iPhone to Feature Revolutionary Liquid Metal Hinge

Apple's Foldable iPhone to Feature Revolutionary Liquid Metal Hinge

Apple is reportedly developing a foldable iPhone that will utilize a liquid metal hinge, which is 2.5 times stronger than titanium. This innovative material promises to enhance durability and longevity, addressing common issues faced by foldable devices. The hinge's structural rigidity could minimize visible creases on the OLED screen, ensuring a smoother user experience. Analysts suggest that this focus on durability positions Apple competitively in the foldable smartphone market. While other brands have already launched foldable models, Apple's meticulous approach aims for a refined product launch expected in 2026.

Created at: March 28, 2025 11:00am

Krafton Acquires Controlling Stake in Nautilus Mobile for $14M

Krafton Acquires Controlling Stake in Nautilus Mobile for $14M

Krafton, the South Korean gaming giant, has announced its acquisition of a controlling stake in Indian gaming studio Nautilus Mobile for $14 million. The deal grants Krafton over 75% ownership of the Pune-based studio, known for its popular Real Cricket franchise. Nautilus will continue to operate independently and retain its 45 employees. Krafton aims to enhance Nautilus's mobile cricket games and expand its offerings in India’s rapidly growing mobile gaming market. This acquisition is part of Krafton's broader strategy to deepen its presence in the Indian gaming landscape, which is projected to generate $1.1 billion by 2028.

Created at: March 28, 2025 1:30am