Technology

X opens sources its algorithm while facing a fine over transparency and Grok controversies

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💥 Discover this trending post from TechCrunch 📖 📂 **Category**: Social,Elon Musk,GitHub,Grok,social media,X ✅ **What You’ll Learn**: In 2023, the website then known as Twitter partially opened its algorithm for the first time. In those days, Tesla billionaire Elon Musk had only recently acquired the platform and claimed to be on a mission to restructure the social media platform to make it more transparent. However, the release of the algorithm's code was quickly criticized as "transparency theatre", with critics noting that it was "incomplete", and that it did not reveal much about the inner workings of the organisation, or why…

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The Trump administration admits that DOGE may have misused Americans’ Social Security data

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🚀 Check out this must-read post from TechCrunch 📖 📂 **Category**: Security,Department of Government Efficiency,doge,Elon Musk,social security administration,social security numbers,Trump Administration 💡 **What You’ll Learn**: Two members of Elon Musk's Government Efficiency Administration may have accessed and shared Social Security numbers in an attempt to help an advocacy group "overturn election results in certain states" last year, according to court documents. The revelation, first reported by Politico, comes as part of a series of corrections to previous testimony by top Social Security Administration officials regarding legal battles over DOGE's access to Social Security data. Neither the DOGE members nor the…

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Amazon CEO Andy Jassy says tariffs are starting to raise product prices

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✨ Discover this trending post from TechCrunch 📖 📂 **Category**: Commerce,Government & Policy,Amazon,Andy Jassy,Tariffs,trump's tariffs 📌 **What You’ll Learn**: Amazon CEO Andy Jassy said consumers are starting to see higher prices as sellers look to absorb the additional costs from President Donald Trump's tariffs. Amazon and many third-party sellers stocked up on inventory before the tariffs to keep prices low, but most of that supply ran out last fall, Jassy told CNBC. “So you start to see some tariffs creep into some prices, some items, and you see some sellers decide that they're passing these higher costs on to consumers…

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Another retail startup is raising $2.5 million to help sell off excess inventory

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💥 Explore this trending post from TechCrunch 📖 📂 **Category**: Startups,Venture,retailer,venture 💡 **What You’ll Learn**: Corinna Marshall spent 11 years working in retail digital marketing and realized that the industry was behind the times. Specifically, the technology that helped retail brands sell unsold or excess products (off-channel inventory) was not as sophisticated as it could have been. Brands sell their excess inventory at discount retailers like Nordstrom Rack, but they often lose money because managing unsold inventory is difficult. Products are distributed across warehouses, and teams are left to guess what the item is worth and when is the best…

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ICE became one of the most banned accounts on Bluesky after being verified

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✨ Explore this trending post from TechCrunch 📖 📂 **Category**: Apps,Social,TC,Bluesky,fediverse,government,social media,social networks 📌 **What You’ll Learn**: The ICE (US Immigration and Customs Enforcement) account is now the No. 3 most blocked account on Bluesky, after receiving official verification on Friday, according to third-party trackers. Unsurprisingly, Bluesky users are angry about government account hosting on the platform. Many recommend that others block the account directly or sign up for a block list that includes all official US government accounts. The ban list was introduced after the White House and other Trump administration government agencies signed up with Bluesky last October…

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One of the first alternative app stores in the European Union has closed

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✨ Explore this insightful post from TechCrunch 📖 📂 **Category**: Apps,app stores,Apple,DMA,eu,setapp mobile 💡 **What You’ll Learn**: One of the most popular alternative app stores to emerge in the European Union has been shut down as a result of the region's Digital Markets Act. The Setapp Mobile store, from Ukraine-based developer MacPaw, first launched in September 2024, and offers dozens of apps across categories like productivity, finance, video, photos, creativity, and more. Its model provides consumers with access to all of Setapp's mobile applications through a $9.99 monthly subscription, provided the user's Apple ID is associated with an EU member…

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Eat App wants to get a piece of the restaurant booking business in India through an acquisition partnership and Swiggy

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✨ Check out this insightful post from TechCrunch 📖 📂 **Category**: Startups,Fundraising,India,zomato,Swiggy,Eat App 💡 **What You’ll Learn**: Dubai-based restaurant reservation startup Eat App aims to make India a focal point for its business through a new fundraising, acquisition and partnership with Swiggy to sell a solution to restaurants to collect booking data and grow their business accordingly. The company said it has raised $10 million in a Series B extension round led by PSG Equity through its portfolio company Zenchef SAS. Notably, this amount is larger than the startup's original Series B round of $6 million in 2022. Through this…

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Netflix is ​​reviewing its offer to pay all cash to Warner Bros. to stave off Paramount

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🔥 Read this insightful post from TechCrunch 📖 📂 **Category**: Apps,Media & Entertainment,Mergers and Acquisitions,Netflix,Paramount Skydance,Warner Bros Discovery ✅ **What You’ll Learn**: In an attempt to smooth the situation for Warner Bros. shareholders, Discovery (WBD), Netflix is ​​now offering cash in exchange for company stock, by reviewing the cash and stock deal it struck with WBD's board earlier. However, the streaming giant is still offering the same $27.75 the companies agreed to for the movie studio and WBD's streaming assets, and the deal continues to value the company at $82.7 billion. The new offer simplifies the deal structure, “provides greater…

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Indian crypto startup Emergent raises $70 million at $300 million valuation from SoftBank and Khosla Ventures

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🚀 Read this awesome post from TechCrunch 📖 📂 **Category**: AI,Startups,emergent,Khosla Ventures,lightspeed venture partners,Softbank,vibe coding 💡 **What You’ll Learn**: In a sign of the demand, or hype, for AI startups, Emergent, an Indian startup building a “biocoding” platform for AI, has raised $70 million in less than four months after raising a $23 million Series A round. The Series B round was co-led by SoftBank's Vision Fund 2 and Khosla Ventures, valuing the startup at $300 million after the money, sources familiar with the deal told TechCrunch. Prosus, Lightspeed Venture Partners, Together, and Y Combinator also participated. Emergent has now…

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Jimmy Wales will never edit Donald Trump’s Wikipedia page: It ‘makes me crazy’

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💥 Discover this trending post from WIRED 📖 📂 **Category**: Business,Culture,The Big Interview 📌 **What You’ll Learn**: Jimmy Wales Wikipedia He's been called the last decent tech baron. Sounds like an attractive sign, though I usually associate it more with yacht-dwelling ranchers who feed their herds locally grown macadamia nuts; The type of person who could recently be found wining and dining with the President of the United States and his coterie of MAGA sycophants.Wales, on the other hand, keeps things relatively low-key. Although the site he founded, Wikipedia, turns 25 this month, he seems more interested in fixing his…

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