The Latest Breaking News from TechCrunch

Spam texts, like cockroaches, seem impossible to kill. Can Apple stomp them out?

Softbank Group Corp (OTC:SFTBY) (OTC:SFTBF) SoftBank Group International named SBGI Managing Partner Alex Clavel as CEO, effective June 30. Clavel, a seven-year veteran in the company, succeeded Michel Combes, who departed to pursue new opportunities after five years in the company. Combes had assumed the CEO position five months back, succeeding former SoftBank…

Microsoft Corp (NASDAQ:MSFT) released a fix for Windows zero-day flaw exploited by state-backed hackers.  However, cybersecurity firm Sophos noted that the fix did not feature on the list of patches included in the release. However, it confirmed the mitigation of Follina. Microsoft strongly recommended that customers install the updates for complete protection from the vulnerability. Also…

Cloudflare, Inc (NYSE:NET) services suffered an outage in the India region for an hour, the TechCrunch reports. The outage has disrupted several services, including Discord, online insurer Acko, GitLab, and SaaS platform OSlash. Users also faced difficulties accessing Shopify, Udemy, Canva, BookMyShow, and Zerodha, DownDetector disclosed.  Cloudflare has identified the issue and looked to resolve…

Sony Group Corp's (NYSE:SONY) Sony Interactive Entertainment disclosed the launch of its all-new PlayStationPlus game subscription service in North and South America, offering more flexibility and value for gaming fans. The service has one monthly fee and will incorporate its separate cloud gaming platform, PlayStation Now. PlayStation Plus subscribers will migrate to the…

Spotify Technology SA (NYSE:SPOT) agreed to acquire Sonantic. Sonantic is a dynamic AI voice platform that creates compelling, nuanced, and stunningly realistic voices from the text.  The financial terms of the transaction remain undisclosed. Sonantic technology helped bring Val Kilmer’s voice to life in Tom Cruise’s blockbuster Top Gun: Maverick, the TechCrunch reports. Kilmer was…

Meta Platforms, Inc (NASDAQ:META) is scaling back its plans to release a series of augmented reality glasses over the next several years, the Information reports.  The move marks its second product suspension for the week as it battled the current revenue slowdown. Meta aimed to trim heavy investments in its Reality Labs hardware…

The deal reflects ongoing competition between big players in the office communication space.

Netflix, Inc (NASDAQ:NFLX), Walt Disney Company  (NYSE:DIS) ESPN, and Comcast Corp's (NASDAQ:CMCSA) NBCUniversal bid for a new streaming license for Formula 1, likely to begin in 2023, the TechCrunch reports. Amazon.com Inc (NASDAQ:AMZN) Amazon Prime was also a part of the bid, the Insider reports. ESPN acknowledged their aggressive pursuit of renewal as Formula 1 weighed other options.…

Following reports of rampant spam by some firms, Google has banned businesses from using RCS for promotion in India, the company's largest market by users, in a setback for the standard that the company is hoping to help become the future of SMS messaging.

Key Apple Inc (NASDAQ:AAPL) supplier Hai Precision Industry Co Ltd (OTC:HNHPF), operating as Foxconn, was hit by a ransomware attack on May 31, the Bleeping Computer reports. The attack disrupted operations at one of Foxconn's Mexico-based production plants. The Foxconn Baja California plant produced medical devices, consumer electronics, and industrial operations, the TechCrunch reports. Also Read: President…