Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR
HR startup Deel said it is acquiring Africa’s PaySpace in a deal that marks its largest acquisition to date.
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Meta is adding AI-powered summaries to WhatsApp
Meta announced on Wednesday that it’s adding an AI-powered summaries feature to WhatsApp. The optional new feature uses Meta AI to summarize unread messages in a chat. This summary would only be visible to you, not others in your chat, the company notes. The feature builds on the AI technology that Meta released in April, […]
Multiverse helped bank quants speed up their work; now it’s targeting LLM leviathans
We’re still years away from seeing physical quantum computers break into the market with any scale and reliability, but don’t give up on deep tech. The market for high-level quantum computer science — which applies quantum principles to manage complex computations in areas like finance and artificial intelligence — appears to be quickening its pace. […]
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With $16M in fresh funds, Whistleblower Software rebrands and expands into compliance
Danish startup Whistleblower Software is rebranding as Formalize as it expands into the broader compliance software sphere — and it has raised a fresh €15 million ($16 million) to fund the expansion. The announcement comes as the compliance software market has exploded, due in large part to growing regulatory pressure — and investors have taken […]
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The robots are coming. And that’s a good thing.
In this excerpt from the new book, The Heart and the Chip: Our Bright Future with Robots, CSAIL Director Daniela Rus explores how robots can extend the reach of human capabilities. Years ago, I befriended the biologist Roger Payne at a meeting of MacArthur Foundation fellows. Roger, who died in 2023, was best known for…
Catalog is building the B2B commerce platform for small companies
When you think about commerce platforms, chances are the first names that come to mind are big names like Adobe Commerce or Salesforce Commerce Cloud. Large companies processing millions of orders already have a technological solution to manage their operations. But small companies that are handling $5 million or $20 million in sales volume per […]
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Indian firms begrudgingly comply with Google Play rules while seeking regulatory intervention
Indian firms whose apps were delisted by Google last week have begrudgingly started to comply with Play Store billing rules to get their apps back on the store. Apps like Shaadi, Matrimony.com, and Bharat Matrimony were restored after being removed from the Play Store Friday. Other apps to return include Info Edge’s Naukri and 99acres, […]
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Elon Musk switched on X calling by default: Here’s how to switch it off
In his quest to turn a simple and functioning Twitter app into X, the everything app that doesn’t do anything very well, Elon Musk launched audio and video calling on X last week — and this new feature is switched on by default, it leaks your IP address to anyone you talk with, and it’s […]
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Former Twitter CEO sues Elon Musk
Another day, another lawsuit involving Elon Musk. Four former Twitter executives, including ex-CEO Parag Agrawal, sued Musk on Monday, alleging that they’re owed over $128 million in severance payments. When Musk bought Twitter (now X), one of his very first moves as the company’s owner was to fire Agrawal, CFO Ned Segal, and lawyers Sean […]
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TechCrunch Space: Good night Odysseus
Hello and welcome back to TechCrunch Space. SpaceX is launching its Transporter-10 rideshare mission today. These are always really fun to track because they carry dozens of payloads, including from many startups. This mission will include satellites from Apex Space, Unseen Labs, Care Weather, True Anomaly and others. God speed! Want to reach out with […]
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Apple Faces Class Action Lawsuit Over iCloud’s Alleged ‘Enormous Structural Advantage’
The lawsuit asserts that cloud storage on iPhones would be “better, safer, cheaper, and more prevalent” without Apple’s policies.