Category: Tech Crunch

India is restructuring its gig economy with a new labor law, but much more is needed before gig workers see real benefits.

Google and Accel will jointly invest up to $2 million in each startup through their new partnership.

Altman and Ive tease a simple AI device aimed at calm, distraction-free computing, launching within two years.

OpenAI might have to rename the “cameo” feature in the Sora app.

The U.S Consumer Product Safety Commission claims Rad Power “refused to agree to an acceptable recall.” Rad Power says the CPSC’s solution would bankrupt the company.

The country’s communications minister Fahmi Fadzil said the administration is considering systems for implementing age restrictions on social media sites.

AI testing startup Momentic has raised $15 million in a Series A round led by Standard Capital, with participation from Dropbox Ventures. Existing investors at Y Combinator, FCVC, Transpose Platform and Karman Ventures also participated.

Startups are still racing to build the world’s first commercial fusion power plant on land, but Maritime Fusion thinks the path will be easier out at sea.

The deal was led by Coatue, Greenoaks, Dragoneer and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised by T. Rowe Price Associates also participated.

U.S. banking giants including JPMorgan Chase, Citi, and Morgan Stanley are working to identify what data was stolen in a recent cyberattack on a New York financial firm.