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Facebook announced on Tuesday that all videos on its platform will soon be shared as reels, regardless of their length or orientation. Up until now, users have been able to share both video posts and reels. The company is also renaming the “Video” tab on its platform to the “Reels

The pro-Israeli hacktivist group Predatory Sparrow claimed on Tuesday to have hacked and taken down Iran's Bank Sepah.  The group, which is also known by its Persian name Gonjeshke Darande, claimed responsibility for the hack on X.  “We, 'Gonjeshke Darande,' co

Anysphere launched a new $200-a-month subscription plan for its popular AI coding tool, Cursor, the company announced in a blog post on Monday. The new plan, Ultra, offers users 20x more usage on AI models from OpenAI, Anthropic, Google DeepMind, and xAI compared to the company’s $20-a-month

Instagram Threads, Meta’s competitor to X, on Tuesday launched two new features as part of its plan to further integrate with the open social web, known as the fediverse. Now Threads users will be able to see posts from other users on the fediverse within a dedicated feed if they’ve opt

With the TikTok deadline to sell its U.S. operations now just two days away, a new decentralized social media app launched its beta to the public on Tuesday.  Own is the latest alternative to TikTok to emerge, featuring a swipeable feed for not just short videos but also text posts and images

One month after the House passed its version of a reconciliation bill, Senate Republicans released their take on the budget bill Monday night. The Senate Finance Committee's language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act (IRA) while sparing o

Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor General Catalyst. Even though 10-year-old Sword Health is cash-flow positive, its CEO

Food distribution giant United Natural Foods (UNFI) said it is making “significant progress” in recovering from a cyberattack that occurred almost two weeks ago, as grocery stores across North America reliant on the distributor continue to report food shortages. UNFI said in an update

Rising-star defense tech Mach Industries has announced a new $100 million round of funding at a $470 million valuation. TechCrunch first reported this deal was in the works last month. New investor Keith Rabois from Khosla Ventures joins existing investor Geoff Lewis of Bedrock Capital to lead the

Adobe has been on a quest to attract users to its platform for their AI needs. The company in April launched a redesigned Firefly web app that lets users use Adobe’s own Firefly image- and video-generation models as well as third-party models. Now, it is releasing a Firefly app on both iOS