Adobe says it’s building an AI model to generate video. But it’s not revealing when this model will launch, exactly — or much about it besides the fact that it exists. Offered as an answer of sorts to OpenAI’s Sora, Google’s Imagen 2 and models from the growing number of startups in the nascent generative […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Companies that offer role referral bonuses do so with the assumption that their employees know their work culture — and a role’s requirements — best. But what if companies were to open up those referral bonuses to people outside the organization? That’s the idea behind Draftboard, co-founded by Zach Roseman, the former CEO of mobile […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Ahead of a full meeting of the European Data Protection Board (EDPB) this week (April 16 and 17), which is expected to produce guidance on a controversial tactic used by Meta to force Facebook and Instagram users to consent to its tracking, almost two dozen civil society groups and nonprofits have penned an open letter […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Meta has said that it plans to “temporarily” shutter Threads in Turkey from April 29, in response to an interim injunction imposed by the Turkish competition authority last month over the way Meta shares data between Threads and Instagram. The Turkish Competition Authority (TCA), known as Rekabet Kurumu, issued findings on March 18, noting that […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Tesla is laying off thousands of workers as it tries to simultaneously cut costs and boost productivity, according to CEO Elon Musk. The electric automaker is cutting “more than 10%” of its global headcount, Musk said in an email reported by Electrek and Bloomberg News. Tesla finished 2023 with over 140,000 employees, meaning the cuts […]
© 2024 TechCrunch. All rights reserved. For personal use only.
UK-based legaltech company Lawhive, which offers an AI-based in-house ‘lawyer’ through a software-as-a-service platform targeted at small law firms, has raised £9.5 million ($11.9M) in a seed round to expand the reach of AI-driven services for ‘main street’ law firms. To date, most legaltech startups that are deploying AI have concentrated on the big, juicy […]
© 2024 TechCrunch. All rights reserved. For personal use only.