Technology
What will occur when the software being rapidly implemented becomes excessively risky for insurers? According to a Financial Times report, we are about to learn the answer. Prominent insurers like AIG, Great American, and WR Berkley are seeking approval from U.S. regulators to remove AI-related liabilities from business policies. One underwriter described the outputs of…
A new function recently launched by X seemed to expose that numerous right-leaning “America First” profiles are situated beyond U.S. borders. However, the accuracy of this data is uncertain. X’s new “About This Account” tool provides details such as when a user registered and how they obtained the app, but the geographic location data is…
Dave Baszuki, the CEO of Roblox, appeared on The New York Times’ Hard Fork podcast to chat about the gaming platform’s fresh age verification capability; however, he appeared to grow impatient with the quantity of questions centering on child safety. Baszuki started the interview by outlining the feature, which will mandate that all users who…
Welcome back to TechCrunch Mobility — your go-to source for transportation future news and insights. Sign up here for free to receive it in your inbox — simply click TechCrunch Mobility! Before we dive in, a quick note. Due to the Thanksgiving holiday, the transportation newsletter won’t be published next Friday. For U.S. readers, I…
Byju Raveendran, the under-fire founder of Indian ed-tech behemoth Byju’s, has hit out at a U.S. bankruptcy court’s directive ordering him to remit over $1.07 billion. He is refuting any misdoing, blaming lenders for misinforming the court, and promising to appeal a decision that represents a sharp reversal of fortune for a former leading light…
Waymo is still growing its service area; on Friday, the robotaxi firm announced that it is now “officially authorized to drive fully autonomously across more of California.” Waymo is already active in San Francisco, Silicon Valley, and Los Angeles (as well as Atlanta, Austin, and Phoenix, outside of California). However, according to maps released by…
The Trump administration has focused on state-level AI regulation, with the president announcing in a social media message this week that the sector requires “one Federal Standard instead of a collection of 50 State Regulatory Regimes.” This follows a 10-year prohibition on state AI regulation that was first present in Trump’s “Big Beautiful Bill” before…
To speed up the building of new power plants required to supply energy for its data centers, Meta is considering entering the electricity trading market. Bloomberg indicates that Meta and Microsoft are both seeking federal authorization to trade electricity (Apple has already obtained this). Meta states that this will enable it to make long-term pledges…
Cybersecurity firm CrowdStrike has verified it dismissed a “suspicious insider” during the prior month who supposedly gave data concerning the firm to a well-known hacking organization. A hacking group identified as Scattered Lapsus$ Hunters released screenshots late Thursday and Friday morning within a public Telegram channel that purportedly revealed insider access to CrowdStrike systems. The…
Thomas Lee Young isn’t your average Silicon Valley founder, it seems. The 24-year-old CEO of Interface, a San Francisco-based startup leveraging AI to avert industrial mishaps, is a white man with a Caribbean lilt and a Chinese surname, a blend he finds amusing enough to point out upon introduction to business acquaintances. Born and brought…
