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Apple’s request for a stay on a US court’s ruling has been denied, so it has to immediately stop charging developers for payments made outside of the App Store. The company filed an emergency motion last month seeking a stay on a ruling in April, which found Apple in “willful violation” of a 2021 injunction…

Cryptocurrency exchange Gemini has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC), according to a June 6 press release. Gemini filed a confidential draft registration statement on SEC Form S-1, which allows a company to file for IPO before publicly disclosing sensitive information. The filing comes amid renewed…

The IPO market is starting to feel healthier. Omada Health, a 14-year-old company providing virtual care for chronic conditions like diabetes and hypertension between office visits, closed its first trading day on Friday at $23 a share, a 21% jump from the IPO price of $19. The IPO valued the company just above $1 billion…

New AI models are dropping all the time, and existing models are getting better all the time. How can a startup build a sustainable business on top of all of changing infrastructure and evolving foundation models?  At TechCrunch Sessions: AI event, industry experts from DeepMind, Twelve Labs, and Amazon all shared their strategies for growing…

We already have a good idea of what to expect from Apple this Monday when WWDC’s Keynote kicks off at 10 am PDT (1 pm EDT). We also have a good idea of what not to expect Apple to unveil after pushing back the debut of “personal” Siri. You might remember the ad that showed…

The harsh reality of the AI sector is that it’s dominated by a select group of well-funded incumbents. That doesn’t mean new companies can’t break through, but it makes it all that much harder for them to do so.  At TechCrunch Sessions: AI, Odyssey co-founder Oliver Cameron, Linear COO Cristina Cordova, and NEA partner Ann…

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During the “So You Think You Can Pitch?” event at TechCrunch Sessions: AI, three AI companies — Fluix AI, Clicka, and Narada AI — had four minutes apiece to impress judges from Initiate Ventures, Felicis, and Recursive Ventures. Each company made the case for their products, platforms, solutions, and leadership capabilities to see their vision…

Meta CTO Andrew “Boz” Bosworth, who was one of the company’s first 15 engineers, published a memo earlier this year forecasting that 2025 could be the year of greatness for Reality Labs, the company’s augmented and virtual reality unit. Or, it would be the year when the metaverse goes down as a “legendary misadventure.” These…

Developer Cold Symmetry jumpstarted Summer Game Fest Live with the first trailer for Mortal Shell II, a sequel to Mortal Shell with what looks like an equal amount of gruesome imagery. The game is expected to launch in 2026, but you can register right now to try a beta version of Mortal Shell II when…