Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: li Clear Filter

Brand-new women’s focused Swizzle Ventures skyrockets past its fundraising target

Swizzle Ventures has closed its Fund I at $6.6 million, bypassing its initial $3 million target, Jessica Kamada, the firm’s founder, told TechCrunch. Back in December, TechCrunch reported that the firm, which quietly launched in 2023, was raising and has already bypassed $5 million, per its SEC filing. The thesis of Fund I will focus on women’s health and wealth, touching upon issues such as caregiving and finances. Kamada told TechCrunch that 70% of the fund’s LPs are women and 50% are expert

After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. It wouldn’t be the first time its fundraising didn’t go as hoped for. In 2023, Varo raised a $50 million equity round at a lower valuation ($1.85 billion post-money) than its massive and, it said,

Amazon's Prime Video Appears to Have Left AI Slop in the Public Description of an Oscar-Winning Al Pacino Film

Amazon's Prime Video on-demand streaming service appears to be using generative AI to write up public movie summaries — and the results are embarrassing, with what looks like AI slop getting copy-pasted into the description of an iconic film. A viral image on Bluesky shows the description of the Oscar-winning 1975 drama "Dog Day Afternoon," starring Al Pacino, which includes the suspicious phrase: "Unfortunately I do not have enough information to summarize further within the provided guideline

iPhone 16e beats Apple’s more expensive iPhone 16 in one big way

The newest member of the iPhone family is the iPhone 16e, a new model that packs many of the capabilities of the existing iPhone 16 models but at a lower price and with some feature compromises. The more budget-friendly iPhone 16e, though, actually has one big advantage over its more expensive sibling. Battery life on iPhone 16e is a big feature advantage Apple’s iPhone 16 comes with a variety of advantages over the new 16e model, such as the Dynamic Island, Camera Control, MagSafe support, an

Italian media groups file criminal complaint over the WhatsApp hack on journalists

The fallout continues from the recent WhatsApp hacking campaign (by a still-unconfirmed entity) that targeted nearly 100 journalists and activists. Bloomberg reported on Wednesday that a collection of Italian media groups has filed a criminal complaint with the Rome Public Prosecutor's Office. They hope to discover who installed the zero-click spyware, which was made by the Israeli-founded Paragon Solutions. According to Bloomberg, the complaint describes the spyware as an "intolerable intrusio