technology

Cadillac’s new IQ portfolio of all-electric vehicles — notably the compact Optiq SUV and grandaddy full-size Escalade IQ — has put the company on a techier, more advanced, and luxurious plane. And the shift couldn’t have come soon enough.  The slate of traditional internal combustion engine vehicles that have come …

DNA and genetic testing firm 23andMe is in turmoil following a 2023 data breach and its ongoing financial decline. The once-pioneering giant now faces an uncertain future as bankruptcy looms over the company, intensifying concerns about what might happen to the genetic data of 23andMe’s some 15 million customers. Best …

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. It’s rare to report on an 11-figure startup acquisition, let alone multiple high-value deals in a single week. And there are more …

Earlier this week, Anthropic rolled out a web search feature for its AI-powered chatbot platform, Claude, bringing the bot in line with many of its rivals. It wasn’t immediately clear which search index might be powering the feature — one possibility was that Anthropic had developed its own. But evidence …

FuriosaAI, a South Korean startup that makes chips for AI applications, has rejected an $800 million acquisition offer from Meta, opting instead to focus on developing and producing its AI chips, according to a local media report. Disagreements over post-acquisition business strategy and organizational structure, rather than price issues, caused …

Over the past decade, Dubai-based Network International has become one of the dominant payment processors across the Middle East and Africa, thanks in part to a pair of acquisitions. However, many large incumbents can fall prey to slower innovation, opening the door for smaller, faster-moving startups. The latest development is …

Genetics testing company 23andMe has filed for Chapter 11 bankruptcy protection in the U.S. to initiate the sale of its assets. Alongside the announcement, the company’s co-founder and CEO Anne Wojcicki separately said she is leaving the company to become an independent bidder for the company. “After a thorough evaluation …

If you haven’t heard the news, TechCrunch has a shiny new home. After years under the ownership of Yahoo — which, in turn, is backed by Apollo Group — the brand is now in fresh hands. Its new parent company: Regent, a dynamic private equity firm with a diverse portfolio …

DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose to the top of the Apple App Store charts (and Google Play, as well). DeepSeek’s AI models, which were trained using compute-efficient techniques, have led Wall Street analysts — and technologists — to question whether …

Valve removed a video game from its online store Steam after users reported that a free demo for the game was installing malware on their computers. The game was called Sniper: Phantom’s Resolution, and promised to give players “realistic [first-person shooter] mechanics, dynamic storytelling, and high-stakes missions,” according to an …