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Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours



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Hello, Crunchers! We’re pretty excited about Matt’s TechCrunch Live, where he talks to Cambly about how the company found profits after failing to raise a Series A. Mark your calendar for February 1!  — Christine and Haje
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And we’re back!: That’s what Microsoft is saying after some of its services, like Outlook, Xbox Live and Teams, went down during a “change made to the Microsoft Wide Area Network,” Ivan reports.
What you text is what you’ll see: We’ve been hearing about text-to-image lately, and today is no different. Remember in October when Shutterstock and OpenAI paired up to add some artificial intelligence to Shutterstock’s libraries? Well, today the stock photo giant is showing us the fruits of that labor with a generative AI toolkit to create images based on text prompts. Ingrid has more.
Plugged in: BMW i Ventures gets a renewed charge from one of its newest investments, infusing $13 million into Bulgaria-based Ampeco, a company providing an electric vehicle charging management platform, Mike reports. As he notes, you might recall that BMW w …

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