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Tag: reportedly

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HongShan, spun out of Sequoia last year, is reportedly struggling to invest its huge war chest | TechCrunch


According to the Financial Times, HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023, is aggressively expanding into Europe and North Asia owing both to “shrinking options” in China and to limited partners that have grown frustrated with how slowly HongShan is deploying the $9 billion in capital commitments it secured two […]

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FTC reportedly opens antitrust investigation into Microsoft | TechCrunch


The FTC has launched an antitrust investigation into Microsoft, according to multiple reports that corroborate earlier reporting by the Financial Times. The agency is said to be looking into whether Microsoft violated antitrust law in multiple segments of its business, including its public cloud, AI, and cybersecurity product lines. Of particular interest to the FTC […]

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Uber's subscription service reportedly target of FTC probe | TechCrunch


The Federal Trade Commission is investigating Uber over whether it broke consumer protection laws by allegedly automatically signing people up for its Uber One subscription service and making it hard to cancel, according to Bloomberg News. The investigation was opened earlier this year after the FTC received customer complaints. Uber told Bloomberg that its cancellation […]

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Marc Andreessen, Joe Lonsdale, and all the other VCs reportedly in the running for DOGE and other Trump committees | TechCrunch


With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular co-founder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly […]

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Apple is reportedly building a more conversational Siri powered by LLMs | TechCrunch


Apple is developing a new version of its voice assistant, Siri, powered by advanced large language models (LLMs), according to sources cited by Bloomberg. This more conversational Siri is part of Apple’s attempt to catch up in AI, where competitors have released impressive features, like Google’s Gemini Live, that are far more natural to talk […]

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Justice Department reportedly pushing Google to spin off Chrome | TechCrunch


The Department of Justice is reportedly pushing to force Google to spin off its Chrome browser business. That’s according to Bloomberg, which reports that the Justice Department is also planning to recommend to a federal judge that Google face antitrust requirements related to AI and its Android mobile operating system. The enforcement actions are the […]

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TikTok parent ByteDance reportedly values itself at $300 billion | TechCrunch


ByteDance, the Chinese company that owns TikTok, valued itself at $300 billion in a recent share buyback offer, according to a new report in The Wall Street Journal. That number might sound familiar, as the WSJ previously reported on a ByteDance buyback offer at a $300 billion valuation back in September 2022. But a year […]

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FTC reportedly begins investigating Microsoft's cloud business practices | TechCrunch


The FTC is reportedly readying an investigation into whether Microsoft used anti-competitive tactics to maintain a dominant position in the cloud market. According to the Financial Times, the agency is looking into allegations that Microsoft imposed punitive licensing agreements to prevent customers from moving data off its platforms. Sources told FT that the FTC is […]

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Apple reportedly shipping a security camera in 2026 | TechCrunch


Apple is set to expand its smart home presence, according to Ming-Chi Kuo. The well-sourced analyst reported on Tuesday that the iPhone maker is working on an IP (internet protocol) camera with an expected 2026 shipping date. The analyst notes that Chinese component maker, Goertek, is set to assemble the product, which Apple expects to […]

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Apple reportedly releasing a wall-mounted smart home tablet in 2025 – and yes, it does AI | TechCrunch


Apple is gearing up to announce a new smart home hub, according to Bloomberg’s Mark Gurman. As early as March 2025, the iPhone maker could release a tablet that mounts to your wall, control smart home appliances, does video calls, and of course does Apple Intelligence. The device reportedly has a 6-inch touchscreen, but it’s […]

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Software Development in Sri Lanka

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