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TechCrunch
- Insight Partnersβ Deven Parekh on why the firm is diversifying while everyone else bets the farm on OpenAI and Anthropic
Insight Partnersβ Deven Parekh on why the firm is diversifying while everyone else bets the farm on OpenAI and Anthropic
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TechCrunch
- Y Combinatorβs Garry Tan wants US open-weight AI labs to βdistillβ frontier models, too
Y Combinatorβs Garry Tan wants US open-weight AI labs to βdistillβ frontier models, too
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TechCrunch
- Matt Mullenweg tells (trolls?) Automattic staff, saying heβs back in control after CEO ouster
Matt Mullenweg tells (trolls?) Automattic staff, saying heβs back in control after CEO ouster
Jensen Huang explains why Nvidia will grow an astounding 70% next year
Anthropic details distillation campaigns from Alibaba, Moonshot AI, and DeepSeek
Defense tech Mach Industries doubles valuation to $3.7B in 3 months
Automatticβs board forces CEO Matt Mullenweg into leave of absence
Hackers are stealing Claude tokens from subscribers
Meta debuts its Muse AI agent. Will consumers trust it?
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TechCrunch
- Eric Wuβs newest company, out of stealth since May, is going after constructionβs labor crunch
Eric Wuβs newest company, out of stealth since May, is going after constructionβs labor crunch
Oura files to go public
OpenAI launches Astra, its powerful (and controversial) new model
Google launches AI voice features in Gmail, Docs, and Keep
Volunteer at TechCrunch Founder Summit in Boston
Norway considers ban on camera-enabled wearable βpervert glassesβ
Thriveβs Kushner defends involvement in FIFA mess, hires Elonβs go-to lawyer
FTC alleges Amazon illegally made $20 billion by rigging billions of ad auctions
The Federal Trade Commission and 22 states sued Amazon yesterday, alleging that it has conducted a secret scheme to overcharge advertisers for seven years.
"Since 2019, Amazon.com, Inc. has secretly and systematically overcharged its approximately 1.2 million advertising customers by manipulating the 'auctions' that it uses to set the price of ads on its platform," the lawsuit said. "Amazon represents, and advertisers believe, that competitive auctions set the prices for advertising on its leading e-commerce website. But, in reality, Amazon overrides and replaces the actual auction results with higher prices set by Amazon to increase its profits."
The FTC said it obtained internal documents and messages that reveal how Amazon secretly inflated auction prices for Sponsored Products, Sponsored Brands, and Sponsored Display advertisements that appear alongside results seen by consumers when they search for a product. The FTC investigation began in 2024.


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TechCrunch
- Grindr wants to be the everything app for gay men; investors are still deciding whether it can pull it off