2024

Korean prosecutors file warrant to arrest Kakao founder for inventory manipulation

South Korean prosecutors mentioned on Wednesday that they've filed an arrest warrant for Brian Kim, the founding father of Korean web big Kakao, as a part of an investigation into alleged inventory market manipulation associated to a high-profile bidding struggle for SM Leisure, one of many nation’s greatest music labels, in 2023. The warrant comes per week after Seoul-based prosecutors launched a...

Sequoia bets huge on Stripe, LatAm fintechs clear up and one African startup’s outsized Collection A

Welcome to TechCrunch Fintech! This week, we’re taking a look at Sequoia Capital’s effort to provide its LPs liquidity on the agency’s investments in Stripe, how LatAm fintechs are nonetheless catching traders’ consideration, a large Collection A from an African startup, and extra. To get a roundup of TechCrunch’s greatest and most necessary fintech tales delivered to your inbox each Tuesday at...

Instagram now permits customers so as to add a number of audio tracks to Reels

Instagram stated Tuesday that it'll permit customers so as to add a number of audio tracks to their Reels worldwide. The corporate famous that customers can add as much as 20 tracks in a single Reel. So as to add a brand new monitor to your video, faucet on the “Add to combine” choice within the Reel editor. When you add the tracks, you'll be able to trim them to incorporate solely the portion of...

After Tesla and OpenAI, Andrej Karpathy’s startup goals to use AI assistants to schooling

Andrej Karpathy, former head of AI at Tesla and researcher at OpenAI, is launching Eureka Labs, an “AI native” schooling platform. In tech converse, that normally means constructed from the bottom up with AI at its core. And whereas Eureka Labs’ AI ambitions are lofty, the corporate is beginning with a extra conventional method to instructing.  San Francisco-based Eureka Labs, which Karpathy...

Andreessen Horowitz co-founders clarify why they’re supporting Trump

Marc Andreessen, the co-founder of probably the most distinguished enterprise capital companies in Silicon Valley, says he’s been a Democrat most of his life. He says he has endorsed and voted for Invoice Clinton, Al Gore, John Kerry, Barack Obama and Hillary Clinton. Nonetheless, he says he’s now not loyal to the Democratic Social gathering. Within the 2024 presidential race, he's supporting and...

Wittaya Aqua’s data-driven AI helps seafood farmers enhance aquaculture manufacturing

Greater than 3 billion folks across the globe depend on wild-caught and farmed seafood merchandise for his or her protein consumption. The world’s aquaculture manufacturing has hit a brand new file, and 89% of all aquatic animal manufacturing is getting used for direct human consumption, in line with a report printed simply final week. This exhibits a steady enhance in international consumption of...

The largest information breaches in 2024: 1 billion stolen data and rising

We’re over midway by means of 2024, and already this 12 months now we have seen among the largest, most damaging information breaches in current historical past. And simply while you assume that a few of these hacks can’t get any worse, they do. From big shops of shoppers’ private info getting scraped, stolen and posted on-line, to reams of medical information protecting most individuals in the US...

Fisker cleared to promote North American EVs for $46.25 million

Fisker has been given the inexperienced mild by a chapter choose to promote greater than 3,000 of its Ocean SUVs to a automobile leasing firm, a deal that can web the defunct EV startup a most of $46.25 million. The approval of the sale clears the way in which for the remainder of Fisker’s chapter course of to play out because it continues to liquidate what’s left of its failed enterprise. The...

Elon Musk vows to maneuver X, SpaceX headquarters from California to Texas 

Elon Musk is doubling down on his dedication to Texas by vowing to maneuver SpaceX’s large headquarters from its long-time Hawthorne, California dwelling to the Lone Star State.  Musk later mentioned that he would transfer the headquarters of his social media platform X from San Francisco, California, to Austin, Texas — the place his different firm, Tesla, is headquartered. SpaceX can be...

With the newest iOS 18 developer beta, Apple makes flashlight UI extra enjoyable

Apple initially added a brand new flashlight UI in iOS 18’s third developer beta, and with iOS 18 now obtainable in public beta, you'll be able to attempt one of the underrated additions to your iPhone proper now. The corporate had already launched a brand new option to management True Tone Flashlights on iPhone 14 Professional and 15 Professional fashions. In contrast to the earlier controls of on/off...