Technology

Meta estimates it earns 10% of its revenue from fraud, the report says

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🔥 Discover this must-read post from TechCrunch 📖 📂 Category: Apps,Ads,Adtech,Facebook,Meta 💡 Key idea: Last year, Meta predicted that 10% of its total annual revenue — $16 billion — would come from fraudulent ads on its apps, according to a report from Reuters. Documents obtained by Reuters also show that Meta failed for three years to protect its users from ads promoting illegal gambling, investment schemes and banned medical products. These fraudulent ads aim to offer a product or service that is not actually real, and may be intended to solicit payments from less experienced users. Image credits:Facebook (screenshot from…

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Google buys carbon credits from massive Amazon reforestation project

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🔥 Explore this trending post from TechCrunch 📖 📂 Category: Climate,Brazil,carbon removal,Google ✅ Here’s what you’ll learn: Google announced Thursday that it has purchased 200,000 metric tons of carbon removal from Mombak, a forest restoration company based in Brazil. The project will purchase agricultural land in the Amazon and reforest it. The deal was made through the Symbiosis Alliance, a pre-market commitment aimed at developing a market for nature-based decarbonisation plans backed by Google, McKinsey, Meta, Microsoft and Salesforce. The Symbiosis Coalition is similar to Frontier, an advanced market commitment also backed by Google and others that support live-air capture…

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SpaceX’s Starlink secures more spectrum and carriers as it surpasses 8 million customers

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🚀 Read this must-read post from TechCrunch 📖 📂 Category: Space,EchoStar,SpaceX,Starlink 📌 Main takeaway: SpaceX is purchasing another $2.6 billion worth of wireless spectrum licenses from EchoStar, an expansion of a $17 billion deal announced in September, as satellite internet company Starlink continues to win new customers around the world. The spectrum sale comes just one day after SpaceX announced it had surpassed 8 million global customers. On Thursday, the company added more commercial contracts to this total. The international airline group has announced that it will install Starlink in-flight internet on more than 500 aircraft across its group, which…

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Meta brings its AI short video feed to Europe

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✨ Explore this insightful post from TechCrunch 📖 📂 Category: AI,Apps,Social,Meta,sora,vibes 📌 Here’s what you’ll learn: Vibes, a short video feed of AI-generated videos, will launch in Europe in the Meta AI app, Meta announced on Thursday. Think TikTok or Instagram Reels, but every video you come across is generated by artificial intelligence. The offering comes six weeks after Meta introduced the feed in the US. A few days after launching Meta, OpenAI released Sora, a social media platform for creating and sharing AI-generated videos. With Vibes, you can create and share short AI-generated videos and access a personalized feed…

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Peloton is recalling 833,000 bikes after reports of injuries

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🚀 Explore this awesome post from TechCrunch 📖 📂 Category: Hardware,Peloton,Recalls,Safety ✅ Main takeaway: Peloton is recalling about 833,000 of its original Bike+ machines after reports that some seat posts broke during use, according to the U.S. Consumer Product Safety Commission (CPSC). The CPSC reports that Peloton has received three complaints related to the issue, including two incidents in which users were injured. The affected Bike+ units were sold between January 2020 and April 2025. The Consumer Product Safety Commission (CPSC) is warning Peloton users to "immediately stop using the recalled exercise bikes." “The safety of our products and the…

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The latest update to Mastodon provides bid posts for all server operators

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💥 Read this insightful post from TechCrunch 📖 📂 Category: Apps,Social,activitypub,Mastodon,social media 💡 Here’s what you’ll learn: The open source decentralized social network Mastodon is rolling out its latest release, version 4.5, which brings support for quote posts to all server operators, along with other features for admins, chat improvements, and more. The addition of quote posts is one of the biggest changes to how the Mastodon social network operates, as the social network attempts to compete against larger competitors, such as X and Threads. Quoting can be a driver of conversation and is considered an essential feature of social…

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Why Benchmark made a rare bet on cryptocurrencies on trading app Fomo, with a $17 million Series A

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💥 Explore this insightful post from TechCrunch 📖 📂 Category: TC,Crypto,Venture,Benchmark,Exclusive,crypto trading 📌 Here’s what you’ll learn: Paul Erlanger and Se Young Park, co-founders of consumer cryptocurrency trading app Fomo, have taken an unusual route to raising capital that is paying off for them. Their app launched in May and they just announced a $17 million Series A round led by Benchmark — an unusual bet on cryptocurrencies for a top-tier venture capital firm — bringing their total funding to $19 million. Instead of the classic seed round, the founders put together a list of 200 people they dreamed of…

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Spotify now lets you see weekly listening statistics

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🔥 Check out this must-read post from TechCrunch 📖 📂 Category: Apps,Media & Entertainment,listening habits,music streaming,Spotify,spotify wrapped ✅ Here’s what you’ll learn: Spotify has rarely given its users a clear view into their listening habits. Until now, users have either had to link their accounts to services like Last.fm to track their music, or wait until the end of the year for Spotify to release its dedicated annual review, Wrapped, to see what they've listened to. The streaming giant is now changing that with a new feature called Listening Statistics that will show users weekly numbers about their listening habits.…

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Inception raises $50 million to build code and text deployment models

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✨ Explore this awesome post from TechCrunch 📖 📂 Category: AI,menlo ventures,diffusion 💡 Here’s what you’ll learn: With so much money flowing into AI startups, it's time to be an AI researcher with an idea to test. If the idea is new enough, it may be easier to get the resources you need as an independent company rather than within a large laboratory. That's the story of Inception, a startup developing diffusion-based AI models that just raised $50 million in seed funding led by Menlo Ventures. Andrew Ng and Andrej Karpathy provided additional angel funding. The project leader is Stanford…

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Google Maps upgrades navigation in India with Gemini and safety alerts

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🔥 Discover this trending post from TechCrunch 📖 📂 Category: AI,Apps,gemini,Google,Google Maps,navigation ✅ Here’s what you’ll learn: Google is adding Gemini to Maps in India, along with road safety alerts and more information about roads. The AI ​​integration, which launched in the US on Wednesday, provides hands-free AI assistance for maps, as well as contextual suggestions during navigation and information about places of interest. Myriam Daniel, vice president and head of Google Maps, said the rollout requires significant localization. “When we say localization of India, it is not just about language,” she said in a virtual press conference. “It also…

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