Adults in the UK spend an average of 4 hours and 20 minutes online daily, a significant increase from 2023. Younger adults, particularly 18-24 year-olds, spend the most time online, with 6 hours and 1 minute daily.

Source: https://techcrunch.com/category/fintech/

TuSimple co-founder Xiaodi Hou demands liquidation of the company, returning $450 million to shareholders, and sues his former co-founder Mo Chen over voting rights.

Source: https://techcrunch.com/category/fintech/

ElevenLabs, a voice AI startup, has launched a feature called GenFM on its ElevenLabs Reader iOS app. This new feature allows users to create a multi-speaker podcast by uploading various types of content, similar to Google’s NotebookLM. GenFM supports 32 languages and automatically selects two voices from over a dozen options to generate the podcast. It also includes stages like 'Sprinkling some umms' and 'adding some thoughtful pauses' in the AI-generated podcast.

Source: https://techcrunch.com/category/fintech/

Alibaba's Qwen team has developed a new AI model, QwQ-32B-Preview, with 32.5 billion parameters. It can consider prompts up to 32,000 words and performs better than OpenAI's o1-preview and o1-mini on AIME and MATH tests. QwQ-32B-Preview is the first reasoning model available to download under a permissive license.

Source: https://techcrunch.com/category/fintech/

Marc Andreessen, Joe Lonsdale, and other Silicon Valley venture capitalists are being asked to help with Elon Musk's advisory panel, DOGE, to examine ways to overcome technical challenges in collecting data about federal programs.

Source: https://techcrunch.com/category/fintech/

African fintech M-KOPA is achieving rapid growth, despite economic challenges in Sub-Saharan Africa. With 5 million customers and a $400 million annual revenue target by year-end, the company is leveraging its large salesforce to drive profitability.

Source: https://techcrunch.com/category/fintech/

Meta's Threads is developing a feature called Starter Packs, which suggests profiles to new users, similar to Bluesky's popular addition.

Source: https://techcrunch.com/category/fintech/

Bluesky's open API allows third-party access to user data, raising concerns about data scraping and consent. A machine learning researcher pulled 1 million public posts from the platform, highlighting the importance of user consent.

Source: https://techcrunch.com/category/fintech/

Raspberry Pi unveils the Compute Module 5, a compact single-board computer without ports, designed for embedded applications.

Source: https://techcrunch.com/category/fintech/

Roblox bypasses app store fees by offering 25% more game currency for web and gift card purchases.

Source: https://techcrunch.com/category/fintech/