Hollywood isn’t happy with new Seedance 2.0 video generator

Hollywood groups are objecting to a new AI video model called SeaDance 2.0, claiming it has quickly become a tool for “blatant” copyright infringement. ByteDance, the Chinese company that recently closed a deal to sell TikTok’s U.S. operations (it retains a stake in the new joint venture), launched Seedance 2.0 earlier this week. According to […]

Designer Kate Burton collaborates with IBM and Fiducia AI for NYFW presentation

On Saturday, designer Kate Burton will present her latest collection at New York Fashion Week – with a twist, of course. Barton worked with Fiducia AI to create a multilingual AI agent (built with IBM Watsonx on IBM Cloud) that allows guests to identify and virtually try on pieces of the collection. TechCrunch spoke to […]

India doubles state-backed venture capital, approves $1.1 billion fund

India will authorize a $1.1 billion state-backed venture capital program that will channel government funds to startups through private investors, redoubling efforts to fund high-risk areas such as artificial intelligence, advanced manufacturing and other sectors commonly referred to in the industry as deep tech. The Rs 1,000 billion fund, first outlined in India’s finance minister’s […]

Major Indian pharmacy chain exposes customer data and internal systems

A security lapse by one of India’s largest pharmacy chains allowed an outsider to gain complete administrative control of its platform, exposing customer order data and sensitive medication management functions, TechCrunch has learned exclusively. The issue affected DavaIndia Pharmacy, the pharmacy arm of Zota Healthcare, which operates a large network of retail stores across India. […]

SEC closes investigation into Fisker

The Securities and Exchange Commission closed its investigation into bankrupt electric vehicle startup Fisker last September, about a year after it began its investigation. TechCrunch has learned that the investigation ended when financial regulators responded to a Freedom of Information Act (FOIA) request in January. The SEC’s FOIA Division announced that it had identified “approximately […]

India partners with Alibaba.com to boost exports despite past ban on Chinese technology

The Indian government has partnered with China’s Alibaba.com on an export-focused program aimed at helping startups and small businesses reach overseas buyers. The move highlights New Delhi’s selective engagement with China-linked technology platforms, years after imposing a blanket ban on consumer apps and games. This week, the Government of India’s Startup India Initiative announced a […]

Dutch mobile phone giant Odid announces millions of customers affected by data breach

Dutch telephone company Odid has admitted that a data breach affected millions of customers. The company said in a statement Thursday that unidentified hackers gained access to its customer contact system and secretly downloaded large amounts of customer information. An Odid spokesperson told local Dutch media that the breach affected more than 6.2 million customers, […]