TikTok owner ByteDance is planning to move U.S. users to a new version of CapCut, its video editing app, according to a report from Business Insider. Launching a U.S.-specific app could be part of the company’s broader plan to comply with a 2024 law requiring ByteDance to divest from TikTok and its other U.S. assets,…
Mastodon, the open source, decentralized social network offering an alternative to Elon Musk’s X and Meta’s Threads, is rolling out a number of updates with Tuesday’s release of Mastodon 4.4. Most notably, the app will take the first steps towards the implementation of a change that will bring it on par with other networks of…
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Frontier, the organization backed by Stripe, Google, and Meta, announced Tuesday it is paying startup Arbor Energy to remove 116,000 tons of carbon dioxide by the end of the decade. The deal gives Arbor $41 million to help it build its first commercial-scale power plant in southern Louisiana that will burn waste biomass to generate…
With AI igniting an investor frenzy, every month, more startups obtain unicorn status. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies Loft Orbital and blockchain-based trading site Kalshi. …
Apple on Monday filed an appeal against the EU’s decision to fine the company €500 million (about $580 million) for not complying with rules that mandate the company to let developers steer users outside the App Store to make purchases, according to multiple reports. The European Commission issued the fine in April, saying that Apple…
TikTok is developing a new version of its app for U.S. users ahead of an expected sale of the app to a group of investors, according to a report from The Information. The company reportedly plans to launch the new app on September 5, while the existing app will stop working in March of next…
If you walked into a Dubai bank to apply for a mortgage in 2020, chances are you’d spend months buried in paperwork or face a huge price discrepancy when it came to listings. Such experiences led Jad Antoun to start Huspy, a startup streamlining how people in the UAE buy homes digitally. Over the past…
OpenAI has reportedly overhauled its security operations to protect against corporate espionage. According to the Financial Times, the company accelerated an existing security clampdown after Chinese startup DeepSeek released a competing model in January, with OpenAI alleging that DeepSeek improperly copied its models using “distillation” techniques. The beefed-up security includes “information tenting” policies that limit…
Waymo kicked off two “road trips” to Philadelphia and New York City on Monday, signaling the Alphabet-owned company’s interest in expanding into Northeastern cities. Waymo’s branded “road trips” don’t necessarily signal a commercial launch anytime soon. Waymo has announced several other road trips this year, including to Houston, Orlando, Las Vegas, San Diego, and San…
