Key takeaways Stocks may survive AI disruption if they adapt quickly to changing technological and economic demands. New businesses spurred by AI, such as robotics, biotech or space, are expected to drive growth, and the stocks mirroring such advances will have a better chance of surviving the innovation turmoil. Periods of disruption should be expected…
Overleveraged crypto traders were liquidated out of nearly $2 billion in one of the year’s largest market flush-outs on Monday, in what some analysts blame on technical factors rather than weakening market fundamentals. More than 370,000 traders have been liquidated to the tune of $1.8 billion over the past 24 hours, according to data from…
After nearly a decade, Sony has announced a new version of its fixed-lens compact RX1R camera that was last updated in 2015. The new third generation RX1R III arrives with the same 35mm full-frame Exmor R sensor as its predecessor, but with a bump from 42.4 to 61 megapixels. It also benefits from Sony’s latest…
A man at the center of a massive crypto Ponzi scheme will spend nearly eight years behind bars after a federal judge handed down a 97-month prison sentence in Brooklyn on Friday. Dwayne Golden, 57, was convicted of wire fraud and money laundering for his role in orchestrating scams through three digital asset firms, EmpowerCoin,…
Arthur Britto, the mysterious co-founder of Ripple, made his first public post since helping create the blockchain-focused company in 2011. Britto posted to X on Monday for the first time since creating the account in August 2011, sharing an emoji of a face without a mouth, which typically indicates speechlessness, but its meaning can vary. Fellow…
Google I/O 2025, Google’s biggest developer conference of the year, takes place Tuesday and Wednesday at the Shoreline Amphitheatre in Mountain View. We’re on the ground bringing you the latest updates from the event. I/O showcases product announcements from across Google’s portfolio. We’ve got plenty of news relating to Android, Chrome, Google Search, YouTube, and…
GTC, Nvidia’s biggest conference of the year, begins Monday and runs till Friday in San Jose. TechCrunch will be on the ground covering the news as it happens — and we’re expecting a healthy dose of announcements. CEO Jensen Huang will give a keynote address at the SAP Center on Tuesday at 10 a.m. Pacific,…
Are today’s AI models truly remembering, thinking, planning, and reasoning, just like a human brain would? Some AI labs would have you believe they are, but according to Meta’s chief AI scientist Yann LeCun, the answer is no. He thinks we could get there in a decade or so, however, by pursuing a new method…
This week, DirecTV announced it intends to buy Dish, Sling TV, and the rest of EchoStar’s television business for a dollar (while also taking on all of Dish’s debt), combining almost 20 million satellite TV subscribers from two companies that have been circling one another for decades. But it’s not just DirecTV and Dish. AT&T,…
Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison for her role in the FTX collapse. She must also forfeit $11 billion. Ellison pleaded guilty to two counts of wire fraud and five conspiracy counts in December 2022 as part of a cooperation agreement with the government. Prosecutors had…