TechCrunch
Search documents
UnitedHealth says Change hackers stole health data on ‘substantial proportion of people in America'
TechCrunch· 2024-04-22 22:35
UnitedHealth says Change hackers stole health data on ‘substantial proportion of people in America’ The health tech giant handles health data for about half of all AmericansHealth insurance giant UnitedHealth Group has confirmed that a ransomware attack on its health tech subsidiary Change Healthcare earlier this year resulted in a huge theft of Americans’ private healthcare data.UnitedHealth said in a statement on Monday that a ransomware gang took files containing personal data and protected health inform ...
Amazon ends California drone deliveries
TechCrunch· 2024-04-22 18:25
Amazon confirmed it is ending Prime Air drone delivery operations in Lockeford, California. The Central California town of 3,500 was the company’s second U.S. drone delivery site, after College Station, Texas. Operations were announced in June 2022.The retail giant is not offering details around the setback, only noting, “We’ll offer all current employees opportunities at other sites, and will continue to serve customers in Lockeford with other delivery methods. We want to thank the community for all their ...
Tesla earnings week spotlights price cuts, Elon's ‘balls to the wall' autonomy push
TechCrunch· 2024-04-22 18:08
As Tesla gears up to report what will likely be unimpressive financial results for the first quarter on Tuesday, the company is making more moves to go “balls to the wall for autonomy,” as CEO Elon Musk put it last week in a post on X. Over the weekend, Tesla dropped the price of its Full Self-Driving (FSD) advanced driver assistance system to $8,000, down from $12,000. That price cut is in addition to last week’s drop of the FSD monthly subscription to $99, from $199. The push to get FSD into more cars cou ...
TechCrunch Minute: Tesla's Cybertruck recall, layoffs set the stage for its Q1 earnings
TechCrunch· 2024-04-22 16:00
Tesla is not having a good start to the week. In its defense, it didn’t have a very good end to last week, either.Today the news is that recent price cuts have irked Tesla investors, who sent its shares off around 4% in early trading today. Those losses have extended Tesla’s total share-price declines to around 43% for the year. Which is, as they say, a lot.But those price cuts are hardly the only issues needling the U.S.-based EV company. Tesla’s last week saw the company slash its staffing, including high ...
Informatica makes a point to say it's not for sale – to Salesforce or anyone else
TechCrunch· 2024-04-22 15:59
Informatica makes a point to say it’s not for sale – to Salesforce or anyone elseNothing gets us going like a big M&A rumor, and history has shown where there’s smoke there has often been fire, but that’s not always the case. Last week the big rumor involved Salesforce acquiring Informatica in a deal amounting to somewhere between the $6.5 billion 2018 Mulesoft deal and the $15.7 billion Tableau acquisition the following year.It would have been a big deal, except it reportedly fizzled over the weekend – if ...
Wall Street doesn't seem too keen on a potential Salesforce-Informatica pairing
TechCrunch· 2024-04-19 17:09
When a significant rumor emerged last weekend that Salesforce was interested in buying Informatica, a legacy data management company that predates the cloud, it didn’t take long for investors to express their negative feelings on the idea. In fact, since the start of business on Monday, stockholders on both sides of the equation have been making it clear that they aren’t happy with a potential coupling between the two companies.After the story broke that Salesforce was the suitor, the company’s stock price ...
Meta adds its AI chatbot, powered by Llama 3, to the search bar across its apps
TechCrunch· 2024-04-18 16:00
Meta’s making several big moves today to promote its AI services across its platform. The company has upgraded its AI chatbot with its newest Large Language Model, Llama 3, and it is now running it in the search bar of its four major apps, Facebook, Messenger, Instagram, and WhatsApp across multiple countries. Alongside this, the company launched other new features, such as faster image generation and access to web search results.This confirms and extends a test that TechCrunch reported on last week, when w ...
Uber, Nvidia-backed Serve Robotics hits public markets with $40M splash
TechCrunch· 2024-04-18 14:26
Serve Robotics, the Uber and Nvidia-backed sidewalk robot delivery company, debuted publicly on the New York stock exchange Thursday, making it the latest startup to choose going public via a reverse merger as an alternative path to capital needed to fund growth.The company, which spun out of Uber’s acquisition of Postmates in 2021, hits the Nasdaq under the ticker “SERV” with gross proceeds of roughly $40 million — “prior to deducting underwriting discounts and offering expenses,” per regulatory filings — ...
Google fires 28 employees after sit-in protest over controversial Project Nimbus contract with Israel
TechCrunch· 2024-04-18 10:41
Google has terminated the employment of 28 employees following a prolonged sit-in protest at the company’s Sunnyvale and New York offices.The protests were in response to Project Nimbus, a $1.2 billion cloud computing contract inked by Google and Amazon with the Israeli government and its military three years ago. The controversial project, which also reportedly includes the provision of advanced artificial intelligence and machine learning technology, allegedly has strict contractual stipulations that prev ...
Adtech giants like Meta must give EU users real privacy choice, says EDPB
TechCrunch· 2024-04-17 18:06
The European Data Protection Board (EDPB) has published new guidance which has major implications for adtech giants like Meta and other large platforms.The guidance, which was confirmed incoming Wednesday as we reported earlier, will steer how privacy regulators interpret the bloc’s General Data Protection Regulation (GDPR) in a critical area. The full opinion of the EDPB on so-called “consent or pay” runs to 42-pages.Other large ad-funded platforms should also take note of the granular guidance. But Meta l ...