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The global app economy continued to recover in 2024, after an earlier slowdown in 2022 — at least in terms of consumer spending. In 2024, global consumer spending in mobile apps and games reached $127 billion across the App Store and Google Play, up 15.7% from the prior year. However, those increases were driven by…
It’s been a wild week for investors clawing their way into Databricks’ record-breaking $10 billion fund raising, one of the VCs leading the deal told TechCrunch. “There were calls that went well late into the night, and that’s okay, that’s how good opportunities emerge,” George Mathew, managing director at Insight Partners described with a grin. Along…
Hello and welcome back to TechCrunch Space. This will be the final TechCrunch Space newsletter you receive in 2024, so to all our readers, have a wonderful holiday and see you next year. There’s a lot to look forward to next year. I expect to see much more progress from SpaceX on Starship, big changes…
Google has appointed Preeti Lobana to lead its India business, filling a key position that had been vacant since Sanjay Gupta’s promotion to Asia-Pacific president in July. Lobana, who was vice president of advertising technology at Google, takes over as the company pushes its AI products in India amid intensifying competition in the digital market….
While I have fond memories of past efforts to combine VR content with real-world locations, I’d assumed the pandemic had put those ambitions to an end. If I wanted VR in 2024, I thought I’d have to buy a headset, and it would be a largely solitary experience at home or in the office —…
A former OpenAI employee, Suchir Balaji, was recently found dead in his San Francisco apartment, according to the San Francisco Office of the Chief Medical Examiner. In October, the 26-year-old AI researcher raised concerns about OpenAI breaking copyright law when he was interviewed by The New York Times. “The Office of the Chief Medical Examiner…
Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm sheds non-core assets following a bruising regulatory clampdown earlier this year. The sale of Paytm’s stake in PayPay, which it received through acquisition rights six years ago, follows months of restructuring at the Indian…
Incoming President Donald Trump has a new crypto and AI “czar”: ex-PayPal COO David Sacks. Trump announced Sacks’ appointment Thursday in a post on Truth Social, Trump’s social networking platform. “[Sacks] will work on a legal framework so the Crypto [sic] industry has the clarity it has been asking for, and can thrive in the…
After weeks of anticipation, some Spotify users are left underwhelmed by the streamer’s personalized year-in-review feature, Spotify Wrapped — with many even going so far as to call it “boring” or a “flop.” Chief among the complaints are that Spotify prioritized the inclusion of an AI podcast for Wrapped over the other, clever and creative…
“I’m trying to find holiday gifts for my sisters. I open a bunch of tabs, I want my wife’s advice.” That’s CEO of the Browser Company, Josh Miller, in his company’s latest ad for its new AI browser, Dia. Consulting your spouse to find gifts for your siblings is a pure – and dare I…