Trace is launching with $3 million in seed funding, including investment from Y Combinator, Zeno Ventures, Transpose Platform Management, Goodwater Capital, Formosa Capital, and WeFunder. Source

Register now to secure discounts of up to $680 on your TechCrunch Disrupt 2026 pass. Offer ends tomorrow, February 27, at 11:59 p.m. PT. Source

The latest round of layoffs marks eBay’s third workforce reduction in the past three years. Source

X has launched an expanded set of aspect ratio support for both image and video ads, so advertisers can now reuse assets they've created for other platforms. Source

Tal Dilian and three other Intellexa executives were tried for their role in a scandal dubbed "Greek Watergate," which dates back to 2022. Source

A group of well-known open source programmers and a VC have launched the Open Source Endowment. They hope this new method will provide funding for good. Source

Google is making Nano Banana 2 a default model in Gemini app and in AI mode. Source

The U.S. government and its allies said hackers have been exploiting the newly identified bug in Cisco networking gear around the world for years, and urged organizations to patch. Source