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The VC industry needs to reinvent itself Powered by WPeMatico https://sifted.eu/articles/vc-needs-to-reinvent-itself

Letterboxd, the social platform for film buffs, reportedly looking for new owner Potential buyers of Letterboxd include Versant, the parent company of CNBC and MS NOW, and Hollywood media company The Ankler, according to Semafor. Powered by WPeMatico https://techcrunch.com/2026/04/27/letterboxd-sale-film-social-media-semafor-versant-ankler/

Consumers lost $2.1B to social media scams in 2025, FTC reports The agency reports that losses from social media scams have increased eightfold and that social media scams resulted in higher losses than any other method scammers used to contact consumers. Powered by WPeMatico https://techcrunch.com/2026/04/27/consumers-lost-2-1-billion-to-social-media-scams-in-2025-ftc-reports/

OpenAI ends Microsoft legal peril over its $50B Amazon deal OpenAI has won major concessions from its largest shareholder, Microsoft, that will allow it to sell products on AWS, while Microsoft gets more cash in a revenue-share agreement. Powered by WPeMatico https://techcrunch.com/2026/04/27/openai-ends-microsoft-legal-peril-over-its-50b-amazon-deal/

DeepMind’s David Silver just raised $1.1B to build an AI that learns without human data Ineffable Intelligence, a British AI lab founded a mere few months ago by former DeepMind researcher David Silver, has raised $1.1 billion in funding at a valuation of $5.1 billion. Powered by WPeMatico https://techcrunch.com/2026/04/27/deepminds-david-silver-just-raised-1-1b-to-build-an-ai-that-learns-without-human-data/

Hacker who allegedly carried out cyberattacks for China is extradited to US Xu Zewei is accused of participating in a Chinese government hacking group that broke into thousands of U.S. organizations and stole COVID-19-related research. Powered by WPeMatico https://techcrunch.com/2026/04/27/hacker-who-allegedly-carried-out-cyberattacks-for-china-is-extradited-to-u-s/

The Stanford freshmen who want to rule the world . . . will probably read this book and try even harder Can a book like this actually change anything? Or does the spotlight, as it always seems to, send more students racing to the place? Powered by WPeMatico https://techcrunch.com/2026/04/26/the-stanford-freshmen-who-want-to-rule-the-world-will-probably-read-this-book-and-try-even-harder/

Amazon’s new podcast strategy: Monetize everything Amazon’s podcasting business seems to have transformed over the past six months. Powered by WPeMatico https://techcrunch.com/2026/04/26/amazons-new-podcast-strategy-monetize-everything/

What Tim Cook built On the latest episode of Equity, we discuss how Apple has changed since Cook became CEO in 2011, and what challenges incoming CEO John Ternus will be facing. Powered by WPeMatico https://techcrunch.com/2026/04/26/what-tim-cook-built/

TechCrunch Mobility: Elon’s admission Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Powered by WPeMatico https://techcrunch.com/2026/04/26/techcrunch-mobility-elons-admission/