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Fintech company Marquis is blaming a hack on firewall company SonicWall for its data breach

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💥 Explore this insightful post from TechCrunch 📖 📂 **Category**: Security,cybersecurity,data breach,marquis,ransomware,sonicwall ✅ **What You’ll Learn**: Financial technology company Marquis has told customers that it plans to seek compensation from its firewall provider after blaming the company for a breach that allowed hackers to steal its customers' personal and financial data. In a memo shared with customers this week and seen by TechCrunch, Marquis said it believes the August 2025 ransomware attack occurred because the company's firewall service provider SonicWall had a data breach of its own that exposed critical security information about its customers' firewalls. This previous SonicWall hack…

Medium is giving employees Friday off to participate in a national strike to protest ICE

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🚀 Check out this trending post from TechCrunch 📖 📂 **Category**: Government & Policy,ICE,Medium,protest,Trump 💡 **What You’ll Learn**: Hustle culture may be the norm at tech companies in the age of AI, but tomorrow the work stops at publishing platform Medium. Medium CEO Tony Stubblebine is giving the company's employees permission to take the day off to participate in tomorrow's nationwide general strike to protest U.S. Immigration and Customs Enforcement, or ICE. The activists behind the general strike are calling for "no work, no school, no shopping" amid a campaign to stop funding ICE, which has stepped up raids in…

How Sequoia-backed company Ethos reached the public market while competitors failed to reach it

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✨ Read this must-read post from TechCrunch 📖 📂 **Category**: Fintech,ethos,Insuretech,IPO,Sequoia Capital 💡 **What You’ll Learn**: Ethos Technologies, a San Francisco-based company that provides software for selling life insurance, made its debut on the Nasdaq on Thursday. As one of the first major technology IPOs this year, the insurtech platform is being closely watched as a leader for the 2026 listing cycle. The company and its selling shareholders raised nearly $200 million from the offering, selling 10.5 million shares at $19 per share under the ticker symbol “LIFE” — one of the shrewdest options in recent memory. The name fits.…

Guys, I don’t think Tim Cook knows how to monetize AI

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💥 Discover this trending post from TechCrunch 📖 📂 **Category**: AI,Tim Cook ✅ **What You’ll Learn**: Apple exceeded expectations when it announced its quarterly earnings on Thursday, revealing that it generated $143.8 billion in revenue, an increase of 16% year over year. While analysts peppered CEO Tim Cook with trivial questions during Apple's earnings call, one analyst dared to ask the question no one in Silicon Valley seemed willing to ask. “When I think about your AI initiatives, you know, there are clearly incremental costs associated with that... Many of your competitors have already integrated AI into their devices, and…

iPhone had its best quarter ever

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✨ Check out this must-read post from TechCrunch 📖 📂 **Category**: Hardware,Apple,China,iPhone,Tim Cook 📌 **What You’ll Learn**: Apple had a great performance in the first quarter, although iPhone sales were the best. The company reported that its premium device had its best quarter ever, thanks in part to increased sales in regions such as China and India. “iPhone had its best quarter ever driven by unprecedented demand, with all-time records set in every geographic segment,” CEO Tim Cook said during the company's earnings call on Thursday. Apple's earnings report shows that the company sold $85 billion worth of iPhones during…

Elon Musk’s SpaceX, Tesla, and xAI are reportedly in talks to merge

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💥 Discover this must-read post from TechCrunch 📖 📂 **Category**: AI,Space,Elon Musk,Mergers and Acquisitions,SpaceX,Tesla,xAI 💡 **What You’ll Learn**: Three of Elon Musk's companies — SpaceX, xAI, and Tesla — are vying for a potential merger. While the talks appear to be at an early stage, according to reports from Bloomberg and Reuters, they could eventually lead to at least one company joining SpaceX. Two scenarios are being broken down. In one, SpaceX and Tesla will merge, according to Bloomberg, citing unnamed insiders. In another case, SpaceX and aXI (which already owns Musk's social media platform X) will merge. According to…

Amazon is reportedly in talks to invest $50 billion in OpenAI

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💥 Discover this awesome post from TechCrunch 📖 📂 **Category**: AI,Amazon,Anthropic,Microsoft,OpenAI,sam altman ✅ **What You’ll Learn**: OpenAI, a company already valued at $500 billion, announced that it is looking for another $100 billion in investment. This funding round could take the company's valuation to a whopping $830 billion. The Wall Street Journal has now reported that Amazon may contribute at least $50 billion of this record investment. Not much is known about the potential deal, although the newspaper notes that Amazon CEO Andy Jassy is currently leading negotiations with OpenAI CEO Sam Altman. TechCrunch has reached out to Amazon and…

Nadella says Microsoft will not stop buying AI chips from Nvidia and AMD, even after launching its own chips.

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🔥 Explore this awesome post from TechCrunch 📖 📂 **Category**: Enterprise,Hardware,TC,AI,AI chips,Microsoft,nvidia ✅ **What You’ll Learn**: Microsoft this week deployed its first crop of homegrown AI chips in one of its data centers, with plans to roll out more in the coming months, it says. The chip, called the Maia 200, is designed to be what Microsoft calls an “AI inference powerhouse,” meaning it's optimized for the compute-intensive work of running AI models in production. The company released some impressive processing speed specs for Maia, saying it outperforms Amazon's latest Trainium chips and Google's latest Tensor Processing Units (TPU). The…

Satya Nadella insists that people are using Microsoft’s Copilot AI software a lot

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💥 Check out this trending post from TechCrunch 📖 📂 **Category**: AI,Enterprise,TC ✅ **What You’ll Learn**: Microsoft delivered a strong earnings report on Wednesday with revenue for the quarter of $81.3 billion (up 17%), a net income gain of $38.3 billion (up 21%), and record Microsoft cloud revenue of more than $50 billion. But the stock took a beating on Thursday as investors worried about how much the tech giant had spent building its cloud and questioned whether that investment would pay off. Microsoft CEO Satya Nadella says yes, and he spent a lot of time on the earnings call…

Apple buys Israeli startup Q.ai as AI race heats up

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✨ Discover this awesome post from TechCrunch 📖 📂 **Category**: AI,Hardware,Startups,Apple,In Brief,Mergers and Acquisitions ✅ **What You’ll Learn**: Apple, Meta, and Google are locked in a fierce battle to lead the next wave of AI, and they've recently increased their focus on hardware. With its recent acquisition of AI startup Q.ai, Apple aims to gain an advantage, especially in the audio sector. As first reported by Reuters, Apple has acquired Q.ai, an Israeli startup that specializes in imaging and machine learning, particularly technologies that enable devices to interpret whispered speech and improve audio in noisy environments. Apple is adding new…