Author: TechCrunch News

The OpenAI power struggle that captivated the tech world after co-founder Sam Altman was fired has finally reached its end — at least for the time being. But what to make of it? It feels almost as though some eulogizing is called for — like OpenAI died and a new, but not necessarily improved, startup…

Instagram head Adam Mosseri said Wednesday that the app now allows all users across the world to download public Reels to their devices. Prior to this rollout, you could only save Reels to the Instagram app for viewing them later. Mosseri said on his broadcast channel on Instagram that downloaded Reels will have an Instagram…

Sunbird, which aims to bring iMessage to Android users, has halted development and pulled its app from the Play Store amid security issues raised this week. Earlier this week, the company sent a notification to its users, as noted by 9to5Google first, saying that it is pausing the development of the app to investigate security…

Incumbents in the parcel deliveries space usually have fixed daily routes from suburban depots. But since most parcels are fairly lightweight, this is a bit of a hammer to crack a nut. So it makes sense to “Uber-ise” local deliveries. Indeed, in Asia, the ‘asset free’ delivery model of using mini depots instead of large owned…

While everybody is trying to figure out how artificial intelligence can be leveraged across various industries, French startup Osium AI has found an interesting use cases for AI — research and development in materials science. Founded by Sarah Najmark and Luisa Bouneder, the startup raised a $2.6 million seed round from Y Combinator, Singular, Kima Ventures,…

A Google executive said during a testimony in the Epic vs Google trial that a deal with Spotify allows the audio company to bypass Play Store fees, as reported by The Verge. Don Harrison, Google’s head of partnership, said that Spotify pays no fees when it processes its own payments and pays a measly 4%…

India’s Enforcement Directorate, its crime-fighting agency, plans to issue a show-cause notice to Byju’s, alleging that it violated the nation’s foreign exchange rules, a person familiar with the matter told TechCrunch. The allegations, which ED plans to make public as early as Tuesday, will say that the Bengaluru-headquartered startup has violated rules under the Foreign…

In 2018, I wrote a TechCrunch article stating that 2018 was “the year social networks were no longer social.” Reflecting on that article, I’m not sure that 2018 was the turning point. But the premise of the article still holds up well. At some point, social networks were no longer about connecting with your closest…

Kyle Vogt, the serial entrepreneur who co-founded and led Cruise from a startup in a garage through its acquisition and ownership by General Motors, has resigned, according to an email sent to employees Sunday evening that TechCrunch has viewed. In a separate internal email, also viewed by TechCrunch, GM Chair and CEO Mary Barra announced…

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! This week, we dig into spend management companies’ AI aspirations, and one U.K. fintech’s recent growth. AI ambitions At one…