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Spotify tests a video feature for audiobooks as it ramps up video expansion

Spotify is enhancing the audiobook experience for premium users through three new experiments: video clips, author pages, and the ability to add visuals that appear while users listen. These initiatives are part of Spotify’s effort to improve its audiobook offering and bring listeners closer to their favorite authors and stories. One notable feature being introduced […] © 2024 TechCrunch. All rights reserved. For personal use only.

Wiz acquires Dazz for $450M to expand its cybersecurity platform

Wiz, one of the most talked-about names in the world of cybersecurity, is making a significant acquisition to expand its product reach in cloud security, particularly with developers. It is buying Dazz, a specialist in security remediation and risk management. Sources tell us the deal is valued at $450 million in a mix of cash […] © 2024 TechCrunch. All rights reserved. For personal use only.

Palo Alto Networks warns hackers are breaking into its customers’ firewalls — again

Hackers have compromised potentially thousands of Palo Alto customers by exploiting two new zero-day vulnerabilities © 2024 TechCrunch. All rights reserved. For personal use only.

Candela brings its P-12 electric ferry to Tahoe and adds another $14M to build more

Electric passenger boat startup Candela has topped off its most recent raise with another $14 million, the company announced Thursday, and has sold the first of its ferries in the U.S. — bound for Lake Tahoe. Candela makes a series of all-electric hydrofoiling watercraft, meaning the body of the boat rises above the surface of […] © 2024 TechCrunch. All rights reserved. For personal use only.

Tubi hops on the short-form video bandwagon with its ‘Scenes’ feature

Tubi, the free ad-supported streaming service owned by Fox, has unveiled a new feature designed to set it apart from its rivals, such as Pluto TV and the Roku Channel, as well as put it in closer competition with short-form video-sharing platforms like Instagram Reels, TikTok, and YouTube Shorts.  Called “Scenes,” the feature allows viewers […] © 2024 TechCrunch. All rights reserved. For personal use only.

Lightning looks to make managing AI a piece of cake

AI may be the hottest thing since sliced bread. But that doesn’t mean it’s getting easier to develop and run. According to a recent Boston Consulting Group poll, 74% of organizations are struggling to derive value from their AI investments. William Falcon, the creator of PyTorch Lightning, a popular open source AI framework, says that […] © 2024 TechCrunch. All rights reserved. For personal use only.

OneRail’s software helps solve the last-mile delivery problem

Last-mile delivery, the very last step of the delivery process, is a common pain point for companies. According to one survey, nearly 90% of retailers struggle with their last-mile delivery operations, either because of technical issues, costs, or a combination of both. Bill and Lisa Catania understand this well. The husband-and-wife team founded OneRail, a […] © 2024 TechCrunch. All rights reserved. For personal use only.

Blue Bear Capital lands $160M to back AI founders in climate, energy, and industry

The new fund swims against the prevailing currents in its sector, where funds that invest in hardware or a mix of hardware and software tend to dominate. © 2024 TechCrunch. All rights reserved. For personal use only.

Bill to ban social media use by under-16s arrives in Australia’s parliament

Legislation to ban social media for under 16s has been introduced in the Australian parliament. The country’s Prime Minister, Anthony Albanese, confirmed the plan to curb the use of social media by kids earlier this month, and the bill has now been presented to lawmakers, Reuters reports. Many jurisdictions will be watching the proceedings with interest, […] © 2024 TechCrunch. All rights reserved. For personal use only.

Lighthouse, an analytics provider for the hospitality sector, lights up with $370M at a $1B valuation

We have yet another sign of the boom in the travel industry: a major fundraise by one of the B2B startups serving the space. Lighthouse, a data analytics platform for hotels and others in the hospitality industry, has closed a Series C round of $370 million. The KKR-led round catapults Lighthouse to a valuation of […] © 2024 TechCrunch. All rights reserved. For personal use only.