The EU’s latest concerns about TikTok’s DSA compliance center on the launch of TikTok Lite.
TikTok has been given 24 hours to provide the risk assessment for TikTok Lite.
It’s not clear whether TikTok conducted a DSA risk assessment for the new reward program ahead of launching TikTok Lite in the two EU markets.
But the regulation’s focus on systemic risk essentially makes such a step obligatory for features that are likely to appeal to minors.
TikTok did tell us it requires TikTok Lite users to verify that they are 18 or older in order to collect points through their use of the app.
Privacy-focused search engine Brave announced Wednesday that it is revamping its answer engine to return AI-powered synthesized answers.
Brave said that informational queries, such as the one listed about the new answer engine, will automatically rely on AI to present information in a summarized format.
“The user only needs to enter a query as they are used to doing with a regular search engine.
Multiple reports have pointed out that AI-powered search could have grave effects on the future of the web.
“This challenge is not unique to Brave Search but present across most AI-powered answer engines and chatbots, premium or open.
This week Boston Dynamics retired its well-known Atlas robot that was powered by hydraulics.
Then today it unveiled its new Atlas robot, which is powered by electricity.
Its new Atlas robot is leaner, and appears to have improved range-of-motion.
Size and ability to contort and maneuver are not cosmetic elements to a humanoid robot — they can unlock new use cases and possible work environments.
Happily for those of us who want a domestic robot to handle household chores and hold our hands whilst we cry, there are other startups working on the humanoid robot project.
Inversion Space is aptly named.
Inversion has developed a pathfinder vehicle, called Ray, that’s a technical precursor to a larger platform that will debut in 2026.
Impressively, the company has designed and built almost all of the Ray vehicle in-house, from the propulsion system to the structure to the parachutes.
“The purpose of our Ray vehicle is to develop technology for our next-gen vehicle.
As such, we’ve built basically the entire vehicle in-house,” Fiaschetti said.
Now, we’re headed to Washington, D.C., for another night of top-notch interviews and unparalleled networking, all at the cozy Woolly Mammoth Theatre on Tuesday, June 11.
Lina Khan – Chair, Federal Trade CommissionAs Chair of the Federal Trade Commission, Lina Khan brings a wealth of experience and expertise to the table.
With a background in business reporting and antitrust research, Khan has dedicated her career to addressing consolidation across various markets.
Steve Case – Chairman & CEO, RevolutionSteve Case is known for his pioneering efforts, such as founding AOL, and integrating the internet into everyday life.
Secure Your Spot:Tickets for StrictlyVC Washington, D.C., are priced at $159, offering exceptional value for an evening packed with exclusive content and networking opportunities.
Yet a binary choice (aka “consent or pay”) is exactly what Meta is currently forcing on users in the region.
The European Data Protection Board (EDPB) has been meeting this week to discuss adopting an opinion on so-called “consent or pay”, following a request made back in February by a trio of concerned data protection authorities.
A spokeswoman for the EDPB confirmed to TechCrunch that it adopted an opinion on “consent or pay” on Wednesday morning, saying it will be published later today.
However the choice Meta gives EU users is a binary one: Either consent to its use of personal data for targeted advertisng or pay a monthly fee to access ad-free versions of its social networks.
But on the core issue of whether Meta’s mechanism complies with the EU’s long-standing data protection framework the Board’s opinion is key.
The aluminum used to make the spacecraft held more than 10 times the energy of any cutting-edge battery.
To release the energy embodied in refined aluminum, Godart had to figure out how to get past the metal’s defenses, so to speak.
“One of the hardest elements of heavy industry to decarbonize is the heat,” Godart said.
Aluminum is slightly heavier than diesel or bunker fuel, but its energy density could be game changing for those industries.
One could imagine future ships powered by aluminum dropping their waste powder off at a smelter to be refueled for a return voyage.
UPI, built by a coalition of Indian banks, has become the most popular way Indians transact online, processing over 10 billion transactions monthly.
In February, a parliamentary panel in India urged the government to support the growth of domestic fintech players that can offer alternatives to the Walmart-backed PhonePe and Google Pay apps.
The NPCI has long advocated for limiting the market share of individual companies participating in the UPI ecosystem to 30%.
The RBI is also weighing an incentive plan to create a more favorable competitive field for emerging UPI players, another person familiar with the matter said.
Indian daily Economic Times separately reported Wednesday that the NPCI is encouraging fintech companies to offer incentives to their users, promoting the use of their respective apps for making UPI transactions.
In one of the latest developments, Danish company Flatpay, which builds payment solutions for small and medium physical merchants like shops, restaurants and salons, has raised €45 million ($47 million) led by Dawn Capital.
Founded in 2022, Flatpay currently has just 7,000 customers across its current footprint of Denmark, Finland and Germany.
Perhaps most interestingly, on the sales side, despite its focus on streamlined technology, Flatpay only sells via live sales visits.
No online sales (although there are specialists who will help arrange those in-person sales visits and handle support), no virtual visits, and no plans to introduce either.
And the only way they could understand the products really well was by the company paring down the products themselves.
Former senior SpaceX executive Tom Ochinero is teaming up with SpaceX alum-turned-VC, Achal Upadhyaya, and one of Sequoia’s top finance leaders, Spencer Hemphill, on a new venture called Interlagos Capital, TechCrunch has learned.
There is little public information available about Interlagos, and the trio did not respond to TechCrunch’s request for comment.
Ochinero, Upadhyaya and Hemphill are all listed on the documents.
Ochinero is just the latest SpaceX executive to move from the behemoth space company into venture investing.
Other notable investors in the SpaceX-to-VC pipeline include Founders Fund’s Scott Nolan, who was a very early SpaceX employee, and Alpine Space Ventures’ Bulent Alton.
