Bumble’s number of paying users is on the decline as they bet on overhaul later this year
Bumble is gearing up for a major overhaul aimed at winning back Gen Z users (who are currently far too hooked on dating apps), but the company’s latest financials report that it’s still losing paid users. In the first quarter of 2026, the total number of paid users was 3.2 million, down 21.1% from 4 […]
ASML CEO Christophe Fouquet talks about his company’s monopoly: no one comes to us
Every time you use AI, you rely in no small part on the 42-year-old, 44,000-employee Dutch company, which spends €4.5 billion every year on technological advancements. ASML is headquartered in the Netherlands and manufactures the machines that make the chips that enable AI. More specifically, it will manufacture the only machine in the world capable […]
Pennsylvania sues Character.AI over chatbot impersonating doctor
The state of Pennsylvania has filed a lawsuit against Character.AI, alleging that one of the company’s chatbots posed as a psychiatrist, violating the state’s medical licensing rules. “Pennsylvanians have a right to know with whom and what they are doing online, especially when it comes to their health,” Gov. Josh Shapiro said in a statement […]
OpenAI releases GPT-5.5 Instant, a new default model for ChatGPT
On Tuesday, OpenAI released a new foundational model called GPT-5.5 Instant. This replaces GPT-5.3 Instant as the default ChatGPT model. The company said the model reduces hallucinations in sensitive areas such as law, medicine, and finance, while maintaining the low latency of its predecessor. OpenAI released its latest GPT-5.5 model last month, claiming improvements in […]
PayPal says it’s ‘becoming a technology company again’ – and that means AI
PayPal is looking to the future despite a drop in its stock price and the threat of layoffs. During the company’s first-quarter earnings call, CEO Enrique Lores told investors that PayPal needs to “recommit to its fundamentals,” including “becoming a technology company again.” There was no need to read between the lines. PayPal was pitching […]
Hackers break into ed tech giant’s infrastructure and steal student data
Education technology giant Instructure has confirmed a data breach affecting students’ personal information. Hacking and extortion organization ShinyHunters claimed responsibility for the breach. The hackers claim to have stolen students’ names, personal email addresses, and messages sent and received between teachers and students, the same type of data that Instructure acknowledged was stolen. Instructor is […]
Meta uses AI to analyze height and bone structure to identify if a user is underage
Meta will begin using AI to scan photos and videos for visual clues to see if a user is under 13 and should be removed from Facebook or Instagram, the company announced Tuesday. These visual cues include a person’s height and bone structure. “To be clear, this is not facial recognition,” Meta explained in a […]
Eleven Labs lists BlackRock, Jamie Foxx, Eva Longoria as new investors
Voice AI company Eleven Labs has revealed new investors as part of its $500 million Series D funding first announced in February. Additions include institutions such as BlackRock, Wellington, DE Shaw, and Schroders. Companies like Nvidia, Salesforce Ventures, Santander, KPN, and Deutsche Telekom. There are also individual investors such as Jamie Foxx, Eva Longoria, and […]
Coinbase to lay off 14% of staff as part of broader restructuring
Cryptocurrency exchange Coinbase on Tuesday announced it will lay off about 700 people, or 14% of its workforce, as part of a broader restructuring aimed at responding to market volatility and increasing its use of AI tools to improve efficiency. The reorganization will flatten the organizational structure from the CEO and COO level to just […]
Moment Energy raises $40 million to meet ‘unlimited power demand’ with EV batteries
Moment Energy CEO Edward Chiang believes North America’s electricity needs are limitless and his startup has the solution. The company, which is headquartered in Canada and the United States, is taking a novel approach to reusing electric vehicle batteries, Chiang told TechCrunch. He said the company’s approach is special because of its dual focus on […]