Commonwealth Fusion Systems said on Thursday it would sell high-temperature superconducting magnets to Realta Fusion, the second in a string of deals that suggests the company will lean heavily on its magnet technology in the coming years to bring in much-needed revenue. “It’s the largest deal of this kind to date for CFS,” Rick Needham,…
Tesla spent more than a year touting that “more affordable” cars were on the way, and they finally arrived last October, with stripped-down versions of the Model Y and Model 3 starting at $39,990 and $36,990, respectively. But the new vehicles are not moving the needle much for Tesla’s overall sales, first-quarter figures show. Tesla…
The acting head of U.S. Immigration and Customs Enforcement told lawmakers that it has bought and used spyware made by Paragon Solutions in drug trafficking cases, according to a letter seen by TechCrunch. ICE Acting Director Todd Lyons wrote in the letter to three congresspeople that he approved the agency’s criminal investigative unit Homeland Security…
A publicly accessible Amazon-hosted storage server allowed anyone with a web browser to access potentially hundreds of thousands of people’s personal data without needing a password. This included driver’s licenses, passports, and other personal information collected by the Duc App, a money-transfer service owned by Toronto-based Duales. The Canadian fintech company said it resolved the…
Voice AI company ElevenLabs has quietly released an iOS app called ElevenMusic that can be used to create music with AI and discover AI-generated music in order to compete with platforms like Suno and Udio. The new app, which was listed on the App Store for a few weeks and finally released on April 1,…
Flipboard on Thursday announced social websites, a new way for creators and publishers to build their own spaces on the web. These social websites are built around conversations already taking place across the open social web, which includes decentralized platforms like Mastodon and Bluesky, as well as other public web content. Social websites bring together…
OpenAI has acquired popular tech industry talk show TBPN — Technology Business Programming Network — making this the AI giant’s first acquisition of a media company. The show will report to OpenAI’s chief political operative, Chris Lehane. TBPN, hosted by former tech founders John Coogan and Jordi Hays, is a daily live show that airs…
The war in Iran has hammered global oil markets, with gas prices in the U.S. spiking significantly. Amid the rise in transportation costs, Amazon has instituted a new 3.5% fuel surcharge for sellers that use its distribution network. The policy has the potential to inflict significant new costs on the untold merchants that rely on…
Hims & Hers, the telehealth company that sells weight-loss drugs and sexual health prescriptions, has confirmed a data breach affecting its third-party customer service platform. The healthcare company said in a data breach notice filed with the California attorney general’s office on Thursday that the hackers stole data about user requests sent to the company’s…
SpaceX launched its IPO on the same day the U.S. sent astronauts to the moon for the first time in 54 years. And the timing is appropriate: This is likely the last time NASA will try to send people to deep space without major assistance from a company that emerged from the venture-backed tech scene….