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Synapse’s collapse has frozen nearly $160M from fintech users — here’s how it happened

Fintech /

The collapse and bankruptcy of BaaS fintech Synapse has revealed how treacherous things are for the often-interdependent fintech world when one key player hits trouble.  Synapse operated a service that allowed others (mainly fintechs) to embed banking services into their offerings. For instance, a software provider that specialized in payroll for 1099 contractor-heavy businesses used […]

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Meta lets you cross-post from Instagram and Facebook to Threads. Here’s how to do it.

Apps /

Meta for months has been experimenting with letting people cross-post from Instagram and Facebook to Threads, its social networking platform competing with X (formally known as Twitter). Meta confirmed to TechCrunch that the feature has officially rolled out globally to all countries where Threads is available.  The new cross-posting capability is part of Meta’s larger goal

Meta lets you cross-post from Instagram and Facebook to Threads. Here’s how to do it. Read More »

Move over, Apple: Meet the alternative app stores coming to the EU

Apps /

People in the European Union are now allowed to access alternative app stores thanks to the Digital Markets Act (DMA), a new regulation designed to foster increased competition in the app ecosystem. Like Apple’s App Store, alternative app marketplaces allow for easy access to a wider world of apps, but instead of the apps going

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Microsoft Copilot: Everything you need to know about Microsoft’s AI

Enterprise /

Copilot is Microsoft’s take on productivity-boosting generative AI, and it continues to grow and expand with Microsoft’s AI ambitions. Today, there are around a dozen Copilot-branded products powering various capabilities in Microsoft software and services, like summarizations in Microsoft Outlook and transcriptions in Microsoft Teams. That’s in addition to Microsoft-owned GitHub Copilot tool for generating

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How the ransomware attack at Change Healthcare went down: A timeline

Security /

A ransomware attack earlier this year on UnitedHealth-owned health tech company Change Healthcare likely stands as one of the largest data breaches of U.S. health and medical data in history. Months after the February data breach, a “substantial proportion of people living in America” are receiving notice by mail that their personal and health information

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California AI bill SB 1047 aims to prevent AI disasters, but Silicon Valley warns it will cause one

AI /

Update: California’s Appropriations Committee passed SB 1047 with significant amendments that change the bill on Thursday, August 15. You can read about them here. Outside of sci-fi films, there’s no precedent for AI systems killing people or being used in massive cyberattacks. However, some lawmakers want to implement safeguards before bad actors make that dystopian

California AI bill SB 1047 aims to prevent AI disasters, but Silicon Valley warns it will cause one Read More »