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AI

Microsoft Bing announced Monday that it is introducing the Bing Video Creator to its app, which uses OpenAI’s Sora model to let users generate videos from text prompts. OpenAI, which has a long-standing partnership with Microsoft, has locked down access to Sora‘s video generation for paying customers only. Its integration in Microsoft Bing represents the first time that it will be available for free. Image Credits:Microsoft Bing At launch, Bing Video Creator is not yet available on desktop, and videos can take hours to generate, even when using the “fast” mode, which is supposed to take just a few minutes.…

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AI

The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the deal to be worth around $250 million. The terms weren’t disclosed. Snowflake declined to comment on the deal’s valuation. It’s the latest in a string of tech giants buying data startups to bolster their underlying database offerings that power AI agents. Last week, Salesforce acquired decades-old Informatica to fortify its data management tooling for AI agents. A few weeks ago,…

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Bronx public school student Dylan, who was detained by federal authorities at a recent immigration hearing, received a medical diagnosis over the weekend that his lawyers believe should have required his immediate release. Worse yet, for days after learning of his diagnosis, Dylan’s legal team at the New York Legal Assistance Group was unable to reach him until Monday, according to new filings in a federal court case known as a “habeas corpus” petition, where he is challenging his detention as unlawful. Dylan, 20, who is from Venezuela, is currently being held in Pennsylvania. At a conference Monday afternoon, U.S. District…

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New York City’s public school system is adding another day off next school year after it was warned kids were likely to miss class over a quirk of timing. Next year’s draft school calendar scheduled winter recess to conclude on Jan. 1, meaning students and their teachers would have been forced to report to buildings for only one day that week: Friday, Jan. 2. While the holiday season is months away, an update to the calendar, released at the end of last week, gave families the extra day for the next winter break. “We got it done! Friday, Jan. 2,…

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Summary Avengers: Doomsday faces negativity due to delay, but excitement remains high. Cast rumors hint at possible appearance of Guardians of the Galaxy characters. Nebula’s potential return in Doomsday could bring new life to the Marvel universe. Marvel’s Avengers: Doomsday has been surrounded by a lot of negativity recently due to its release date being pushed back by seven months. However, that doesn’t mean that there isn’t still a lot of excitement for the project and what it could potentially mean moving forward for the wider Marvel Cinematic Universe. The cast for Avengers: Doomsday is already incredibly impressive, with some…

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Key points:Bitcoin risks a deeper correction to $100,000, but a positive sign is that Strategy and Mataplanet continue to accumulate.Ether and select altcoins are trying to bounce off their strong support levels, signaling buying on dips.Bitcoin (BTC) failed to sustain above $105,000, indicating a lack of demand at higher levels. Research firm Santiment said in its market update that whale activity picked up after Bitcoin rallied near $112,000. Sometimes, such an increase in whale activity near market tops signals profit-taking.Analyst AlphaBTC said in a post on X that Bitcoin may have started a deeper correction, which could last till the…

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Check out the companies making headlines in midday trading: Tesla — Shares of the electric vehicle company dropped 3% after sales in May declined in several European markets. Reuters reported that Tesla suffered weaker sales in Sweden, France, Spain, Denmark and the Netherlands, but improved in Norway, boosted by the revamped Model Y. Advertising stocks — Advertising stocks were lower Monday following a report in The Wall Street Journal that Meta Platforms plans to use artificial intelligence to fully automate its ads by the end of the year. Shares of Omnicom Group lost 4%, while WPP and Interpublic shed 2%…

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The man who attacked a group of people in Boulder, Colo., as they called for the release of Israeli hostages held in Gaza was charged with a federal hate crime Monday after telling police he researched for a year to find a “Zionist group” to target and asserting he would do it again, the U.S. Department of Justice said in an affidavit. A total of 12 people were injured, one of them a Holocaust survivor, when 45-year-old Mohammed Sabry Soliman attacked them with a “makeshift flamethrower” Sunday afternoon outside the Boulder County Courthouse downtown. Michael Dougherty, district attorney for the…

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AI

Time is running out. Exhibitor tables for TechCrunch All Stage, happening July 15 in Boston, are nearly gone — and the final deadline to secure your spot is this Friday, June 6.  TC All Stage is the go-to summit for founders at all stages. Designed to deliver actionable insights and practical guidance, it also connects them with investors actively seeking their next big bet. Exhibiting here puts your brand at the center of the startup ecosystem. Put your startup in the spotlight  Exhibiting at TC All Stage is more than a table — it’s a direct line to the people…

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Sri Lanka has taken its first legislative steps toward transforming its gambling landscape with the gazetting of a draft bill to establish an independent Gambling Regulatory Authority. Spearheaded by President Anura Kumara Dissanayake, who also holds the position of Minister of Finance, Planning and Economic Development, the initiative reflects a broader government strategy to modernize regulatory oversight and improve governance within the gambling industry.According to multiple official statements, the draft bill has been cleared by the attorney general and approved by the Cabinet during its session on April 21. The proposed legislation is now set to be presented before Parliament,…

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