Author: TechCrunch News

Instagram head Adam Mosseri announced on Tuesday that users who have connected their accounts to the fediverse, also known as the open social web, can now see who follows them and likes their posts from other fediverse servers, such as Mastodon and Pixelfed.  The company said users will now have up to 15 minutes to make…

Palmer Luckey raged against America’s adversaries, endorsed completely autonomous weapons, and hinted at an Anduril IPO.  © 2024 TechCrunch. All rights reserved. For personal use only…

VC Neil Mehta, the Greenoaks Capital co-founder tied to a growing number of building purchases across several blocks of San Francisco’s once-glittering Fillmore Street, defended himself on Monday via an op-ed in The San Francisco Standard, saying the moves are solely about revitalizing a “city that has given me more than I could ever give…

Hello and welcome back to TechCrunch Space. Flagging again that the final agenda for the Space Stage at TechCrunch Disrupt is now live. I’ll be pushing this event for the next few weeks, given that we’re just a bit over a month away! We’d love for you to join us…

A Y Combinator startup named PearAI launched with an X post thread and YouTube video on Saturday and created immediate controversy. And some of that is splashing onto YC itself. PearAI offers an AI coding editor. The startup’s founder Duke Pan has openly said that it’s a cloned copy of another AI editor called Continue,…

11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $50 million in Series B funding, TechCrunch has learned. The new round was led by Andreessen Horowitz, valuing the company at around $350 million, multiple sources told TechCrunch. The recent deal follows the company’s $24 million Series A, which was led by Benchmark…

Elon Musk’s X is now valued at less than a quarter of its $44 billion purchase price, according to a new estimate from investor Fidelity.  The asset manager, which helped Musk acquire the social network formerly known as Twitter, has further reduced the value of its holding in X to a total markdown of 78.7%…

Kevin Ryan has had a long and storied career as a pivotal force of New York City tech. He’s the founder and CEO of investment firm AlleyCorp, which has invested in a wide variety of startups, and is a serial founder, participating in the early stages of companies such as Business Insider…

California Governor Gavin Newsom has vetoed SB 1047, a high-profile bill that would have regulated the development of AI. The bill was authored by State Senator Scott Wiener and would have made companies that develop AI models liable for implementing safety protocols to prevent “critical harms.” The rules would only have applied to models that…

X (formerly Twitter) could soon resume service in Brazil — if it’s willing to pay an additional fine. Reuters and other publications have reported on an order from the country’s Supreme Court Judge Alexandre de Moraes stating that the Elon Musk-owned social network could “immediately return to its activities in national territory” if it pays…