The Download: China’s winning at advanced manufacturing, and a potential TikTok sale
Technology
Amazon’s $1.7B iRobot acquisition scrutinized by UK on competition grounds
The U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s assessing Amazon’s proposed acquisition of robot vacuum maker iRobot. The case is still at its earliest possible stage, where the CMA is essentially soliciting comments from relevant stakeholders to establish whether there may be a “substantial lessening of competition” in the U.K. as a […]
Amazon’s $1.7B iRobot acquisition scrutinized by UK on competition grounds by Paul Sawers originally published on TechCrunch
That slowdown you’re feeling, by the numbers
It’s more than a feeling. According to new data coming out from the research firm Pitchbook and the National Venture Capital Association, venture firms are raising — and deploying — a lot less money than in recent years. What to know: overall deal count in the U.S. has fallen more than 25% between the first quarter […]
That slowdown you’re feeling, by the numbers by Connie Loizos originally published on TechCrunch
Saudi’s Savvy Games Group to acquire mobile games company Scopely for $4.9 billion
Savvy Games Group, a games and esports company that is part of the Saudi government’s Public Investment Fund, has agreed to acquire mobile games studio Scopely for $4.9 billion. Founded in 2011, Scopely is known for several popular mobile games including Yahtzee With Buddies, Star Trek Fleet Command, Marvel Strike Force, Stumble Guys and Scrabble […]
Saudi’s Savvy Games Group to acquire mobile games company Scopely for $4.9 billion by Aisha Malik originally published on TechCrunch
Adthos uses generative AI to completely automate audio ads
As generative AI proliferates, it’s beginning to reach the ads we hear on podcasts and the radio. Startup Adthos this week launched a platform that uses AI to generate scripts for audio ads — and even add voiceovers, sound effects and music. Customers can optionally go in and edit the ads using a browser-based, multi-track […]
Adthos uses generative AI to completely automate audio ads by Kyle Wiggers originally published on TechCrunch
Twitter singles NPR out with misleading state-backed media label
After taking over last year, Twitter’s new owner has invented policies on the fly, pushed questionable design changes and generally bent the platform to suit his whims. In the latest installment of Elon Musk’s mercurial leadership saga, Twitter now classifies American news nonprofit NPR the same way that it handles RT, the infamous Russian state-backed […]
Twitter singles NPR out with misleading state-backed media label by Taylor Hatmaker originally published on TechCrunch
Portable X-ray vision is one step closer to reality with OXOS Medical
The global medical imaging market was valued at a touch over $28 billion in 2021, and is only expected to rise with an increase in demand for early-detection services as well as lifestyle and age-related conditions. Yet at the same time as demand for radiology services is increasing, the number of available radiographers is decreasing. […]
Portable X-ray vision is one step closer to reality with OXOS Medical by Haje Jan Kamps originally published on TechCrunch
Construction insurance company Billy raises additional $2.5 million
Billy seeks to digitize and streamline the construction compliance management process.
Construction insurance company Billy raises additional $2.5 million by Dominic-Madori Davis originally published on TechCrunch
India opts against AI regulation
India does not plan to regulate the growth of AI within the South Asian market, identifying the sector as a “significant and strategic” area for the nation. This stance arrives at a time when numerous voices are calling for increased scrutiny of the rapidly advancing technology. The Ministry of Electronics and IT said in a […]
India opts against AI regulation by Manish Singh originally published on TechCrunch
Drivers in Europe net big data rights win against Uber and Ola
In a major win over opaque algorithmic management in the so-called gig economy an appeals court in the Netherlands has found largely in favor of platform workers litigating against ride-hailing giants Uber and Ola — judging the platforms violated the drivers’ rights in a number of instances, including when algorithms were involved in terminating driver […]
Drivers in Europe net big data rights win against Uber and Ola by Natasha Lomas originally published on TechCrunch