Welcome to TechCrunch Fintech! This week, we’re looking at a Brex exec’s jump to join venture firm a16z, Klarna selling off its payments unit and some mega-raises. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 7:00 a.m. PT, subscribe here. The big story Ali Rathod-Papier […]
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Instagram’s Twitter/X rival Threads is furthering its expansion into the fediverse — the interconnected social network that includes apps like Mastodon, PeerTube, and others running the ActivityPub protocol. On Tuesday, Meta announced that it’s now opening up its beta for sharing to the fediverse to Threads users who are 18 and up and who are […]
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As browsers continue to add AI features into their products, Mozilla is looking give users some choice in the matter. The company announced on Tuesday that it’s launching an opt-in experiment offering access to different AI services in Nightly, the experimental version of Firefox. The company plans to improve the experience before bringing it to […]
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Smart ring makers Oura and Circular Tuesday announced a settlement in an ongoing patent suit. The agreed-upon terms find the French company entering into a multi-year agreement with Oura, wherein it will license the market leader’s intellectual property for devices sold in the U.S. Financial details of the agreement have been kept confidential. Oura has […]
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The new addition was inspired by the video-sharing activity that was already taking place on apps like TikTok.
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Stability AI, the beleaguered generative AI startup behind Stable Diffusion, has raised new cash. But it won’t reveal how much. Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture Partners, O’Shaughnessy Ventures and angel investors Prem Akkaraju, Napster founder Sean Parker, Eric Schmidt and Robert Nelsen have injected fresh capital into Stability, the company revealed Tuesday morning […]
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London-based internet rights monitoring group NetBlocks has reported a major internet disruption in Kenya following a wave of demonstrations across the country, as police violently cracked down on citizens taking to the streets to protest a government bill to hike taxes despite tough economic times and widespread corruption. The interruption in access comes as the […]
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