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The Latest Breaking News from TechCrunch

Social Media: Meta launches Instagram Reels APIs for developers

Reels APIs will be made available to a number of endpoints on the Instagram Platform for developers, according to a statement from Meta. Full story on Dynamite News:

Dynamite News

Robinhood Shares Pop On Takeover Talk, FTX CEO Has This To Say On M&A Chatter

Stock and cryptocurrency platform Robinhood Markets (NASDAQ: HOOD) saw shares surge Monday as it was reported the company could soon be acquired. Here’s the latest.

Benzinga

Apple is finally testing more robust SMS spam filters for iOS

Spam texts, like cockroaches, seem impossible to kill. Can Apple stomp them out?

Input

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Softbank Continues To Lose Key Official In Quick Succession

Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) SoftBank Group International named SBGI Managing Partner Alex Clavel as CEO, effective June 30. Clavel, a seven-year veteran in the company, succeeded Michel Combes, who departed to pursue new opportunities after five years in the company. Combes had assumed the CEO position five months back, succeeding former SoftBank…

Benzinga

Microsoft Fixes Flaw Exploited By State-Backed Hackers

Microsoft Corp (NASDAQ:MSFT) released a fix for Windows zero-day flaw exploited by state-backed hackers. However, cybersecurity firm Sophos noted that the fix did not feature on the list of patches included in the release. However, it confirmed the mitigation of Follina. Microsoft strongly recommended that customers install the updates for complete protection from the vulnerability. Also…

Benzinga

Cloudflare Services Suffer Brief Outage In India

Cloudflare, Inc (NYSE:NET) services suffered an outage in the India region for an hour, the TechCrunch reports. The outage has disrupted several services, including Discord, online insurer Acko, GitLab, and SaaS platform OSlash. Users also faced difficulties accessing Shopify, Udemy, Canva, BookMyShow, and Zerodha, DownDetector disclosed. Cloudflare has identified the issue and looked to resolve…

Benzinga

Sony Heightens Microsoft Xbox Rivalry With Latest Move

Sony Group Corp's (NYSE:SONY) Sony Interactive Entertainment disclosed the launch of its all-new PlayStationPlus game subscription service in North and South America, offering more flexibility and value for gaming fans. The service has one monthly fee and will incorporate its separate cloud gaming platform, PlayStation Now. PlayStation Plus subscribers will migrate to the…

Benzinga

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Spotify To Scoop Company Behind Val Kilmer's Voice In Tom Cruise Blockbuster

Spotify Technology SA (NYSE:SPOT) agreed to acquire Sonantic. Sonantic is a dynamic AI voice platform that creates compelling, nuanced, and stunningly realistic voices from the text. The financial terms of the transaction remain undisclosed. Sonantic technology helped bring Val Kilmer’s voice to life in Tom Cruise’s blockbuster Top Gun: Maverick, the TechCrunch reports. Kilmer was…

Benzinga

Meta Retracts From AR Glasses Project Shortly After Dumping Smartwatch Project

Meta Platforms, Inc (NASDAQ:META) is scaling back its plans to release a series of augmented reality glasses over the next several years, the Information reports. The move marks its second product suspension for the week as it battled the current revenue slowdown. Meta aimed to trim heavy investments in its Reality Labs hardware…

Benzinga

Formula 1 Streaming License Could Be Major Catalyst For Netflix - Read Why

Netflix, Inc (NASDAQ:NFLX), Walt Disney Company (NYSE:DIS) ESPN, and Comcast Corp's (NASDAQ:CMCSA) NBCUniversal bid for a new streaming license for Formula 1, likely to begin in 2023, the TechCrunch reports. Amazon.com Inc (NASDAQ:AMZN) Amazon Prime was also a part of the bid, the Insider reports. ESPN acknowledged their aggressive pursuit of renewal as Formula 1 weighed other options.…

Benzinga

Google disables RCS ads in India due to flood of spam from businesses

Following reports of rampant spam by some firms, Google has banned businesses from using RCS for promotion in India, the company's largest market by users, in a setback for the standard that the company is hoping to help become the future of SMS messaging.

Dynamite News

After Microsoft And Nvidia, This Major Apple Supplier Became Ransomware Target

Key Apple Inc (NASDAQ:AAPL) supplier Hai Precision Industry Co Ltd (OTC:HNHPF), operating as Foxconn, was hit by a ransomware attack on May 31, the Bleeping Computer reports. The attack disrupted operations at one of Foxconn's Mexico-based production plants. The Foxconn Baja California plant produced medical devices, consumer electronics, and industrial operations, the TechCrunch reports. Also Read: President…

Benzinga

Here's Everything To Know About Amazon's Cloud Cam Product Restructuring

Amazon.com Inc (NASDAQ:AMZN) looks to shut down its smart home camera, the Cloud Cam, and its companion apps after five years of launch, the TechCrunch reports. The Cloud Cam was one of Amazon’s first entries into the area of Alexa-connected home security devices. Post that, Amazon acquired the connected camera and doorbell…

Benzinga

Mastercard VP Draws Parallels Between Mass Crypto Adoption And Evolution Of Internet For Amazon To Work

Mass adoption of blockchain technology and digital assets will happen sooner rather than later, as per Mastercard Inc (NYSE:MA) VP Harold Bossé, the TechCrunch reports. "Think about the advent of the internet; no one was thinking that Amazon.com Inc (NASDAQ:AMZN) could even be a concept — you need the internet for Amazon to work," he…

Benzinga

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Benzinga

WeWork Co-founder Raises $70M For Crypto Carbon-Credit Startup

WeWork Inc (NYSE:WE) cofounder Adam Neumann raised $70 million from venture capitalists and others for his co-founded carbon-credit startup Flowcarbon, Bloomberg reports. The startup raised traditional funding from backers like Andreessen Horowitz’s crypto arm, General Catalyst, and Samsung Next. Flowcarbon also raised money by selling its token, called the Goddess Nature Token. Neumann,…

Benzinga

YouTube Forays Live Stream Shopping, Intensifies Rivalry With Instagram

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube pitched itself to advertisers at the YouTube Brandcast event as a better place for their TV ad dollars, TechCrunch reports. YouTube teased upcoming features that it claimed would make it easier for viewers to discover and buy from brands. YouTube touted its forthcoming tools to offer advertisers…

Benzinga

Microsoft Jumps the Sustainability Tracking Product Bandwagon With Latest Launch

Microsoft Corp (NASDAQ:MSFT) launched a new offering called Microsoft Cloud for Sustainability to improve its carbon footprint. Salesforce, Inc (NYSE:CRM), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and International Business Machines Corp (NYSE:IBM) made similar endeavors, the TechCrunch reports. Microsoft's solution looks to use a set of measuring devices to collect the data and exploit Microsoft's cloud-based data collection services to…

Benzinga

Volkswagen Seeks To Pull A Ford With EV Focused Company In US Amid Tight Race With Tesla: Report

German automaker Volkswagen AG (OTC: VWAGY) is leaving no stones unturned in gaining a foothold into the lucrative U.S. electric vehicle market.

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Input

In an alternate timeline, here's what the iPhone could have been

Like an iPod according to this concept prototype shared by Tony Fadell, the "father" of Apple's hit music player.

Benzinga

Andreessen Horowitz Said To Dedicate $500M To Indian Startups As Country Hits '100 Unicorns' Milestone

As India hits the 100 unicorn startups mark, the country is turning out to be a lucrative deal for investors worldwide.

Benzinga

PayPal Looks To Close Down Its San Francisco Office That Houses Xoom

PayPal Holdings, Inc (NASDAQ:PYPL) is closing its San Francisco office at 425 Market Street as it evaluates its global office footprint, the TechCrunch reports. The office housed its Xoom business unit. The employees that worked out of that office will work virtually with the ability to work from the company’s headquarters office…

Input

This sci-fi injector uses an electric pulse to administer drugs needle-free

NovaXS Biotech just raised $1.5 million to create an injection gun that uses an electric pulse and liquid pressure to administer therapeutic drug treatments.

Input

Glass' clever camera lens could bring DSLR-quality photos to your phone

Using an old-school anamorphic lens, Glass may be able to break barriers in smartphone photography.

InsideEVs

Porsche Diverts From Early Plans, Will Build Its Own Charging Network

Most brands aren't following Tesla when it comes to charging networks. Instead, they're partnering with third-party companies. However, Porsche's making plans.

Benzinga

Nvidia Invests $10M In This Uber Spinout

Chipmaking giant NVIDIA Corp (NASDAQ:NVDA) invested $10 million in Uber Technologies Inc (NYSE:UBER) spinout Serve Robotics, TechCrunch reports. Serve aims to use the funds to further expand its sidewalk delivery robot service outside Los Angeles and San Francisco. “Nvidia’s investment is rooted in a longtime partnership with Serve using various technologies from us, from the…

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