Author: TechCrunch News

Social media giants Meta and X approved ads targeting users in Germany with violent anti-Muslim and anti-Jew hate speech in the run-up to the country’s federal elections, according to new research from Eko, a corporate responsibility nonprofit campaign group. The group’s researchers tested whether the two platforms’ ad review systems would approve or reject submissions…

Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again.  The move, which is still subject to the approval of the SEC’s Commissioners, is yet another signal that the Trump administration plans to be more friendly to crypto than the SEC was…

The CEO of controversial facial recognition startup Clearview AI has resigned, he confirms to TechCrunch. © 2024 TechCrunch. All rights reserved. For personal use only…

Despite a still tight venture capital market, new unicorns are still being created every month. Using data from Crunchbase and PitchBook, TechCrunch tracked down the newly VC-backed startup minted unicorns so far this year (as of the end of January). These include healthcare companies like Hippocratic AI and satellite space companies like Loft Orbital. …

The U.S. invested a record-breaking $338 billion in the energy transition last year, according to a new report, but it wasn’t quite enough to lessen the country’s overall carbon emissions. Solar took the lead, adding 49 gigawatts of new electrical generating capacity in 2024, far more than any other technology. Solar and wind together now…

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception…

Recommendation algorithms operated by social media giants TikTok and X have shown evidence of substantial far-right political bias in Germany ahead of a federal election that takes place Sunday, according to new research carried out by Global Witness. The non-government organization (NGO) undertook an analysis of social media content displayed to new users via algorithmically…

Codeium, an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources with knowledge of the deal.  The round is being led by returning investor Kleiner Perkins, the people said. The new round comes just six months after Silicon Valley-based Codeium announced that…

Patreon has continued on its crusade against algorithmic feeds with its latest State of Create report, a look at trends in the creator economy based on internal data, and it’s an effort creators can get behind. In its survey of 1,000 creators and 2,000 fans, the membership platform reported that 53% of creators think it…

A senior Elon Musk staffer created a custom AI chatbot that’s supposed to help DOGE “eliminate” government waste. © 2024 TechCrunch. All rights reserved. For personal use only…