Technology

What is spoon bending? Everything you need to know about the company that acquired AOL

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✨ Discover this insightful post from TechCrunch 📖 📂 Category: Venture,Bending Spoons,evergreens 💡 Main takeaway: This week, the four founders of Bending Spoons joined the ranks of billionaires. CEO Luca Ferrari's stake in the Milan-based technology group is now reportedly worth $1.4 billion, while founders Matteo Daniele, Luca Cirella and Francesco Patarnello each have stakes worth $1.3 billion, according to Forbes estimates based on shareholder data published by the Italian business registry. The valuations come on the heels of Bending Spoons' latest funding round: $270 million from investors including T. Rowe Price and previous backers Baillie Gifford, Cox Enterprises, Durable…

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Government hackers hacked telecom giant Ribbon for several months before they were caught

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✨ Check out this awesome post from TechCrunch 📖 📂 Category: Security,cybersecurity,data breach,ribbon communications,telecom ✅ Key idea: US telecoms giant Ribbon has confirmed that government-backed hackers had access to its network for about a year before they were caught, according to a public filing. The telecom giant said in a 10-Q filing last week with the U.S. Securities and Exchange Commission that a “suspected nation-state actor gained access to the company’s IT network” as early as December 2024. Ribbon said it had notified law enforcement and that it believed the hackers were no longer present in its network. Headquartered in…

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AWS beats Wall Street expectations as demand for cloud infrastructure remains high

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💥 Explore this must-read post from TechCrunch 📖 📂 Category: AI,Enterprise,Amazon,oracle,AWS,OpenAI,cloud infrastructure 📌 Key idea: Amazon's cloud infrastructure service, Amazon Web Services (AWS), is on track to record its strongest year of growth in three years, fueled by the AI ​​industry's unprecedented demand for computing power. AWS is growing 20% ​​year over year and ended the third quarter with sales of $33.1 billion through the first nine months of the year, Amazon announced in its third-quarter earnings statement Thursday. The business's operating income rose to $11.4 billion in the third quarter, up from $10.4 billion in the same period in…

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Hackers threaten to leak data after hacking the University of Pennsylvania to send mass emails

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✨ Read this trending post from TechCrunch 📖 📂 Category: Security,data breach,hack,University of Pennsylvania ✅ Here’s what you’ll learn: On Friday morning, Penn State alumni, students, staff and community members received several emails from hackers claiming to represent the university's Graduate School of Education (GSE). “We have terrible security practices and are completely untrustworthy,” the email said. “We love breaking federal rules like FERPA (all your data will be leaked).” Partially redacted email sent by hackers with access to the University of Pennsylvania email system.Image credits:TechCrunch (screenshot) This message was sent from a variety of different Penn email accounts, such…

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AI obsession destroys CoreWeave’s core scientific acquisition – it buys Python Marimo notebook

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🚀 Check out this trending post from TechCrunch 📖 📂 Category: AI,Enterprise,CoreWeave,data center,Python 💡 Main takeaway: Core Scientific shareholders voted Thursday to reject an all-stock takeover offer from partner and competitor CoreWeave that was valued at the time at $9 billion. They did so after a recommendation to vote no from their largest shareholder, Sina Tosi of Two Seas Capital, a firm that focuses on post-bankruptcy companies. Core Scientific emerged from bankruptcy in January 2024. Core Scientific, which started as a cryptocurrency miner and continues to do so, shares this early history with AI data center provider CoreWeave, which also…

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Bluesky reaches 40 million users, rolls out beta of Dislike feature.

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🔥 Read this trending post from TechCrunch 📖 📂 Category: Apps,Social,Startups,Bluesky,social media ✅ Here’s what you’ll learn: Social network Bluesky, which on Friday announced a new milestone of 40 million users, will soon begin testing "dislikes" as a way to improve personalization in its main Discover feed and elsewhere. The news was shared alongside a host of other updates and changes to Conversation Control, which includes smaller adjustments to replies, improved detection of toxic comments, and other ways to prioritize conversations that are most relevant to an individual user. With the Dislike feature rolling out soon, Bluesky will take into…

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Meta purchased 1 gigawatt of solar power this week

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✨ Discover this insightful post from TechCrunch 📖 📂 Category: Climate,Social,Artificial Intelligence (AI),data centers,Meta,renewable energy,Solar Power 📌 Main takeaway: Meta signed three deals this week to buy nearly 1 gigawatt of solar energy as it races to power its lofty AI ambitions. The three agreements bring Meta's total solar purchases to more than 3 gigawatts of capacity this year. Solar power is cheap and quick to build, and as a result, it has become an energy source that technology companies are turning to as their data center fleets double in size. Yesterday, Meta announced two agreements in Louisiana to purchase…

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Tattd gave four tattoos to TechCrunch writers on Startup Battlefield

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🚀 Explore this insightful post from TechCrunch 📖 📂 Category: Startups,Startup Battlefield,tattoo,TechCrunch Disrupt 2025 📌 Key idea: On Tuesday morning at TechCrunch Disrupt 2025, our senior producer Maggie Nye rolled up the sleeves of her jacket to show me her new tattoo: a classic dotted index arrow. TechCrunch's Becca Szkutak got a matching ticker, while Teresa LoConsolo got a smiling moon. I guessed that at some point during all the Disrupt hype, Maggie and Becca wandered into one of San Francisco's trendy tattoo shops to enhance their friendship with appropriately tech-themed ink (and maybe Teresa was there too?). That seemed…

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Everything you need to know about the AI chatbot

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🚀 Check out this must-read post from TechCrunch 📖 📂 Category: AI,ChatGPT,evergreens,Generative AI,OpenAI 💡 Key idea: ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership with Apple for its generative AI offering, Apple Intelligence, the release of GPT-4o with voice capabilities, and the highly-anticipated launch of its text-to-video model Sora. OpenAI also faced its…

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Perplexity enters into a multi-year licensing deal with Getty Images

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🚀 Discover this insightful post from TechCrunch 📖 📂 Category: AI,AI search,copyright,getty images,Perplexity,plagiarism 💡 Here’s what you’ll learn: AI research startup Perplexity has signed a multi-year licensing agreement with Getty Images, giving it permission to display images from Getty across its AI-powered search and discovery tools. The deal represents a notable shift for the company, which has been hit by allegations of content theft and plagiarism, and signals an effort to establish more formal content partnerships. Perplexity and Getty have been working together for more than a year, a source familiar with the deal told TechCrunch. Although it was never…

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