Technology

Bending Spoons agrees to buy Eventbrite for $500 million to revive defunct brand

Bending Spoons agrees to buy Eventbrite for $500 million to revive defunct brand

✨ Explore this insightful post from TechCrunch πŸ“– πŸ“‚ Category: Media & Entertainment,Bending Spoons,eventbrite,In Brief,M&A,Mergers and Acquisitions πŸ’‘ Here’s what you’ll learn: Bending Spoons, a company that buys and revitalizes stagnant technology companies, has agreed to buy Eventbrite for about $500 million, a far cry from the $1.76 billion the company was worth when it went public in 2018. Just like many of Bending Spoons' previous acquisitions, including Evernote, Meetup, Vimeo and AOL, Eventbrite has a strong brand, but the company's business has stopped growing, according to audited financial statements. The event marketplace and ticketing company was founded in 2006…
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Kalshi raised $1 billion at a valuation of $11 billion, doubling the value in less than two months

Kalshi raised $1 billion at a valuation of $11 billion, doubling the value in less than two months

✨ Discover this trending post from TechCrunch πŸ“– πŸ“‚ Category: Fintech,Startups,Kalshi,Polymarket πŸ’‘ Main takeaway: Prediction marketplace Kalshi, which allows people to bet on future events, announced Tuesday that it has raised a $1 billion funding round at a valuation of $11 billion, confirming TechCrunch's scoop from last month. The round was led by returning investor Paradigm, with participation from Sequoia Capital, Andreessen Horowitz, Capital G and other existing backers. The latest funding comes less than two months after Calci announced it had raised $300 million at a valuation of $5 billion. Although the trading platform rose in popularity last year…
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Small reactor startup Antares raises $96 million for land, sea and space nuclear power

Small reactor startup Antares raises $96 million for land, sea and space nuclear power

✨ Discover this awesome post from TechCrunch πŸ“– πŸ“‚ Category: Climate,Fundraising,Space,nuclear power,fiftythree,caffeinated capital,nuclear energy,Shine Capital,Industrious Ventures,nuclear fission,Alt Capital,Antares Nuclear πŸ’‘ Key idea: Nuclear energy startup Antares said Tuesday it has raised $96 million in Series B funding as it seeks to design its own small modular reactor. The round, led by Shine Capital with participation from Alt Capital, Caffeinated, FiftyThree Station, Industrious and others, consists of $71 million in equity and $25 million in debt. Antares says it is targeting commercial, defense and space applications with its R1 small reactor, which will produce between 100 kilowatts and 1 megawatt of…
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Netflix is ​​launching a mobile-friendly version of Red Dead Redemption

Netflix is ​​launching a mobile-friendly version of Red Dead Redemption

πŸ”₯ Discover this insightful post from TechCrunch πŸ“– πŸ“‚ Category: Apps,Gaming,Media & Entertainment,netflix games,red dead redemption,rockstar games βœ… Main takeaway: Red Dead Redemption joined Netflix's game catalog on Tuesday, and it's a great moment for fans of the series because it marks the first time the game has been officially available on iOS and Android devices. Players with a Netflix subscription can now download the game, which features mobile-friendly controls, including shooting and touchscreen navigation. It is important to note that the game does not have a multiplayer mode and players must be online to play; Offline play is not…
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OpenAI has criticized app suggestions that look like ads

OpenAI has criticized app suggestions that look like ads

✨ Discover this awesome post from TechCrunch πŸ“– πŸ“‚ Category: AI,Apps,TC,ChatGPT,OpenAI πŸ’‘ Here’s what you’ll learn: ChatGPT's unwelcome suggestion of a Peloton app during the chat led to some backlash from OpenAI customers. People were afraid of advertising, even to paying customers. However, OpenAI clarified that the app suggestion was not an ad, but instead a poor attempt to integrate app discovery into conversations. In a post on What's worse is that Gene pointed out that he was a paid subscriber to the $200/month ChatGPT Professional plan. At this price point, you wouldn't expect ads. The post, which has been…
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Mistral approaches its big AI competitors with a new frontier of open weight and small models

Mistral approaches its big AI competitors with a new frontier of open weight and small models

πŸ”₯ Explore this must-read post from TechCrunch πŸ“– πŸ“‚ Category: AI,Robotics,ministral 3,mistral,mistral large 3,open source,open weight πŸ“Œ Here’s what you’ll learn: French AI startup Mistral launched its new Mistral 3 family of open-weight models on Tuesday β€” a 10-model version that includes a large parametric model with multimedia and multilingual capabilities, and nine smaller offline models that are fully customizable. The launch comes as Mistral, which develops open-source language models and the Europe-focused chatbot Le Chat, appears to be playing catch-up with some of the frontier closed-source models in Silicon Valley. The two-year-old startup, founded by former DeepMind and Meta…
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Amazon Music’s 2025 Delivered is now here to compete with Spotify Wrapped

Amazon Music’s 2025 Delivered is now here to compete with Spotify Wrapped

✨ Discover this insightful post from TechCrunch πŸ“– πŸ“‚ Category: Media & Entertainment,Apps,music streaming,amazon music πŸ’‘ Main takeaway: Amazon Music on Tuesday announced the 2025 launch of Delivered, a platform that takes on Spotify's popular Wrapped experience. This feature provides users with a personalized yearly summary of their music listening habits. With 2025 delivered, users will see a summary of their listening trends, showcasing their top artists, favorite songs and favorite genres, along with audiobook and podcast statistics. Amazon Music's year-end recap features a feature designed specifically for users with an Alexa-enabled device. These users can view the title of…
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Paris-based AI startup Gradium has secured a $70 million seed round

Paris-based AI startup Gradium has secured a $70 million seed round

πŸš€ Read this insightful post from TechCrunch πŸ“– πŸ“‚ Category: TC,Startups,AI,Xavier Niel,Kyutai,AI voice model πŸ’‘ Main takeaway: Gradium, a startup spun out of French AI lab Kyutai (backed by French telecom billionaire Xavier Niel), stealthily launched on Tuesday with a $70 million seed round from a group of investors. The round was led by FirstMark Capital and Eurazeo, with participation from Niel, DST Global Partners, billionaire Eric Schmidt and other investors. Gradium has developed voice language AI models designed to deliver audio at scale with extremely low latency – essentially, AI voices that respond almost instantly. It was founded just…
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Amazon’s chatbot Rufus led sales on Black Friday

Amazon’s chatbot Rufus led sales on Black Friday

πŸ’₯ Explore this awesome post from TechCrunch πŸ“– πŸ“‚ Category: AI,Commerce,Amazon,black friday,e-commerce,online shopping,AI chatbot πŸ“Œ Here’s what you’ll learn: Amazon's chatbot, Rufus, saw a significant increase in adoption on Black Friday, according to new data published by market intelligence firm Sensor Tower over the weekend. In the US, Amazon sessions that led to a purchase increased by 100% on Black Friday compared to the following 30 days, while sessions that led to a purchase and did not involve Rufus increased by only 20%. Additionally, Amazon saw a 75% daily increase for sessions that included Rufus that led to a purchase,…
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Festivitas lets you decorate your Apple devices with holiday lights and snowflakes

Festivitas lets you decorate your Apple devices with holiday lights and snowflakes

πŸ”₯ Discover this awesome post from TechCrunch πŸ“– πŸ“‚ Category: Apps,Holidays,iphone apps,mac apps,Festivitas,home screen customization,apple apps βœ… Main takeaway: If you want to bring a little holiday cheer to the screen you use most, you'll enjoy the newly updated Festivitas app for Apple devices. Originally designed to add holiday lights to your Mac desktop, this popular standalone app has been updated this year with several new features, most notably the release of the app that brings its twinkling, colorful lights to iOS devices for the first time. With the new Festivitas app for iPhone and iPad, you can add and…
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