Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. This week, Apple finally added support for Rich Communication Services (RCS) to Messages as part of the second developer beta of iOS 18. Until now, iPhone users could only send […]
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There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $234 billion. The Germany-based enterprise software provider was valued […]
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Sarah Bitamazire is the chief policy officer at the boutique advisory firm Lumiera.
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Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. However, decentralized platforms that don’t hold assets themselves will be exempt. Those are the main takeaways from new regulations that the IRS and U.S. Department of Treasury finalized Friday — essentially implementing a provision of the Biden Administration’s Infrastructure Investment and […]
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As part of a legal settlement, the Detroit Police Department has agreed to new guardrails limiting how it can use facial recognition technology. These new policies prohibit the police from arresting people based solely on the results of a facial recognition search, or on the results of photo lineups conducted immediately after a facial recognition […]
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Plaid’s expansion into being a multi-product company has led to real traction beyond traditional fintech customers.
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He says that the problem is that generative AI is not human or even human-like, and it’s flawed to try and assign human capabilities to it.
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Matrix is rebranding its India and China entities, becoming the latest venture firm to distance its international franchises. The U.S.-headquartered venture capital firm will retain its name, while Matrix Partners India will rebrand to Z47 and Matrix Partners China will rename itself MPC. The unexpected rebranding takes effect July 1. Notably, Matrix’s announcement referred to […]
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