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Vecna Robotics raises $14.5M and taps former Motional CEO to lead startup Karl Iagnemma, an early pioneer in the autonomous vehicle industry who recently stepped down as president and CEO from Hyundai-backed Motional, is back in the AV and robotics game. Vecna Robotics, a Massachusetts-based startup that uses robots to handle materials in warehouses, has hired Iagnemma as CEO. The robotics startup, which has developed autonomous pallet […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Patreon gets gift subscriptions in time for the holidays Creator subscription platform Patreon is making it a bit easier for fans to support their favorite creators this holiday season. The creator membership platform announced on Wednesday that it will roll out gift subscriptions, as well as functionality for creators to offer discounts for membership sign-ups. The gift subscription feature had previously been in testing […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Prosus eyes PayU IPO in 2025 after stellar Swiggy listing Prosus aims to list fintech firm PayU in 2025 as the Dutch investor looks to shift more focus to India. On Wednesday it described the market as a pillar for its investment business after the stellar listing of food delivery and quick commerce firm Swiggy netted it gains of $2 billion. PayU, which is wholly […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Fitbit’s kids smartwatch gets family group chats Fitbit’s Ace LTE, the smartwatch designed for ages 7+, is introducing new features to help families stay connected and get active together. On Wednesday, Fitbit announced a slew of new features, including group chats, family quests, a new mini-game, and two new watch faces. There’s also a new direct message feature for siblings to text […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Tesla issues sixth Cybertruck recall in a year Tesla’s Cybertruck is facing its sixth recall since its launch a year ago. The recall affects 2,431 units, including certain 2024 Cybertrucks built between November 6, 2023 and July 30, 2024. A report from Tesla found that those trucks are or were equipped with a faulty drive inverter. “If the inverter stops producing torque, the […] © 2024 TechCrunch. All rights reserved. For personal use only.
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DeepL launches DeepL Voice, real-time, text-based translations from voices and videos DeepL has made a name for itself with online text translation it claims is more nuanced and precise than services from the likes of Google — a pitch that has catapulted the German startup to a valuation of $2 billion and more than 100,000 paying customers. Now, as the hype for AI services continues to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Klarna kickstarts U.S. IPO plans with confidential SEC filing The Swedish BNPL startup has confidentially filed a draft registration statement with the U.S. SEC. © 2024 TechCrunch. All rights reserved. For personal use only.
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After spending three years working on SMS verification at Zenly, Prelude founders want to fix SMS onboarding Prelude is a relatively new French startup that focuses on SMS verification; it’s announcing new funding from Singular and Seedcamp on Wednesday. The two founders met when they were working for Zenly, a popular location-sharing app with tens of millions of users that was acquired by Snap (and later shut down). While you might not […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Just Eat Takeaway finally offloads Grubhub, sells to Wonder for $650M Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based Wonder Group in a deal valued at $650 million — a stark 91% less than the $7.3 billion Just Eat Takeaway paid for the company just four years ago. The deal is expected to close in […] © 2024 TechCrunch. All rights reserved. For personal use only.
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YouTube is testing a feature that lets select creators remix songs using AI YouTube last year started letting select creators in the U.S. create AI-generated songs with prompts using the vocals of artists like Charlie Puth, Charli XCX, Demi Lovato, John Legend, Sia, T-Pain, and Troye Sivan. Now, the company is adding a feature to its Dream Track toolset that lets creators remix tracks by describing how they […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Swiggy defies weak market in strong India debut Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. © 2024 TechCrunch. All rights reserved. For personal use only.
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Perplexity brings ads to its platform AI-powered search engine Perplexity says it’ll begin experimenting with ads on its platform starting this week. The site will start showing ads in the U.S. to start, and they’ll be formatted as “sponsored follow-up questions.” (E.g., “How can I use LinkedIn to enhance my job search?”) These ads will be positioned to the side of […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Donald Trump announces Elon Musk will co-lead Department of Government Efficiency President-elect Donald Trump announced on Tuesday that Elon Musk will co-lead the Department of Government Efficiency, the acronym of which spells out DOGE, Musk’s favorite cryptocurrency. The CEO of Tesla, SpaceX, xAI, and owner of X, Neuralink, and The Boring Company, will lead the department alongside biotech entrepreneur and former presidential hopeful, Vivek Ramaswamy, to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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NASA awards ‘sustainable’ aircraft concepts $11.5M The future of aircraft may look very similar to today’s superficially — but under the hood (or sitting next to the tailfins) they will likely be quite different. That’s the future NASA is hoping to nurture with five research awards worth $11.5 million. The Advanced Aircraft Concepts for Environmental Sustainability 2050 (AACES) program is an […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Apple reportedly releasing a wall-mounted smart home tablet in 2025 – and yes, it does AI Apple is gearing up to announce a new smart home hub, according to Bloomberg’s Mark Gurman. As early as March 2025, the iPhone maker could release a tablet that mounts to your wall, controls smart home appliances, does video calls, and of course features Apple Intelligence. The device reportedly has a 6-inch touchscreen, but it’s […] © 2024 TechCrunch. All rights reserved. For personal use only.
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TechCrunch Space: Nothing to see here! Hello, and welcome back to TechCrunch Space. There was absolutely no news last week because nothing happened. Just kidding. Defying all early polling, Donald Trump swept the election and will soon be sworn in for his second term in office. From a space policy perspective, things are already starting to look interesting. That’s mostly due […] © 2024 TechCrunch. All rights reserved. For personal use only.
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23andMe cuts 40% of staff in restructuring 23andMe announced on Monday it would cut 40% of its workforce, representing more than 200 employees, as part of a restructuring at the company. The genetic testing company is also discontinuing its therapeutics business and winding down its clinical trials; it expects these changes to save $35 million annually. “We are taking these difficult but […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Generative disinfo is real — you’re just not the target, warns deepfake tracking nonprofit Many feared that the 2024 election would be affected, and perhaps decided, by AI-generated disinformation. While there was some to be found, it was far less than anticipated. But don’t let that fool you: The disinfo threat is real — you’re just not the target. Or at least so says Oren Etzioni, an AI researcher […] © 2024 TechCrunch. All rights reserved. For personal use only.
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The Rivian-Volkswagen joint venture deal is now up to $5.8B Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June. Volkswagen […] © 2024 TechCrunch. All rights reserved. For personal use only.
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TikTok is integrating with influencer shopping app LTK, videos show An integration with LTK, an app that lets consumers shop from creator and influencers’ recommendations, is rolling out on TikTok, according to videos by select creators viewed by TechCrunch. The collaboration could boost fashion creators’ ability to earn affiliate commissions via LTK, while also making it easier for consumers to locate the clothes and accessories […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Trump expected to try to stop looming TikTok ban President-elect Donald Trump will try to prevent TikTok from getting banned in the United States, The Washington Post reported on Tuesday. During his campaign, Trump promised voters that he would save the popular social media app if elected. Former Trump adviser and campaign manager Kellyanne Conway told the Post that the president-elect “appreciates the breadth and […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Anysphere acquires Supermaven to beef up Cursor Anysphere, the company behind AI-powered code editor Cursor, has acquired AI coding assistant Supermaven for an undisclosed sum. Anysphere CEO Michael Truell announced the deal in a post on Cursor’s blog. Supermaven, he said, will enable Anysphere to launch a new version of its Tab AI model that’s “fast, context-aware, and highly intelligent,” especially at sequences […] © 2024 TechCrunch. All rights reserved. For personal use only.
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What is Bluesky? Everything to know about the X competitor Is the grass greener on the other side? We’re not sure, but the sky is most certainly bluer. It’s been two years since Elon Musk purchased Twitter, now X, leading people to set up shop on alternative platforms. Mastodon, Post, Pebble (two of which have already shuttered operations) and Spill have been presented as potential […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Bluesky is seeing an exodus of unhappy X users following the election X, formerly Twitter, is no longer the “digital town square” it once promised to be. Following the results of the U.S. presidential election, floods of users unhappy with the app’s latest direction are moving over to a competing app, Bluesky. Bluesky’s decentralized social media platform has steadily grown from 9+ million users as of September […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Chrome on iOS now lets you search using images and text at the same time Google is rolling out a few new features for Chrome on iOS, the company announced on Tuesday. Most notably, Google Chrome on iOS now lets you search using images and text at the same time. While you could already do this using the Google Lens iOS app, you can now do so directly within the […] © 2024 TechCrunch. All rights reserved. For personal use only.
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FTC alleges neobank Dave misled customers Welcome to TechCrunch Fintech! This week, we’re looking at neobank Dave’s “misleading marketing” according to a new FTC complaint, Affirm’s launch in the U.K. amid regulatory overhaul, and how Equal aims to combat India’s growing cyberfraud problem. The big story The FTC comes after Dave for “misleading marketing” The FTC is taking action against online […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Sam Bankman-Fried is coming to the big screen Variety reports that Lena Dunham is working with Apple and production studio A24 to adapt Michael Lewis’ book “Going Infinite: The Rise and Fall of a New Tycoon,” which chronicles the life of Sam Bankman-Fried and the implosion of his company, FTX. She is set to write the script, the outlet said. FTX, once one of […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Apple reportedly shipping a security camera in 2026 Apple is set to expand its smart home presence, according to Ming-Chi Kuo. The well-sourced analyst reported on Tuesday that the iPhone maker is working on an IP (internet protocol) camera with an expected 2026 shipping date. The analyst notes that Chinese component maker, Goertek, is set to assemble the product, which Apple expects to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Firefly Aerospace readies for a big year in orbit with $175M D round Firefly Aerospace has raised a massive late-stage funding round ahead as it prepares for the launch of its lunar lander later this year and the first mission of its Elytra spacecraft next year. The $175 million Series D, which set Firefly’s valuation at over $2 billion, apparently closed in less than two months in a […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Here’s how to create a custom emoji with the Apple Intelligence feature ‘Genmoji’ Apple’s latest iOS 18.1 software updates introduced a series of Apple Intelligence features, including Writing Tools and notification summaries. However, some features were missing from the lineup, like Genmoji, which allows users to create emojis from written prompts. Now, with iOS 18.2, iPadOS 18.2, and macOS Sequoia 15.2 public betas officially available, the highly anticipated […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Zoox rolls outs custom robotaxi in San Francisco, Las Vegas Zoox is testing its custom robotaxis, which are built without a steering wheel or pedals, on public roads in San Francisco and the Las Vegas Strip. The rollout of the autonomous vehicles, which Zoox CTO Jesse Levinson first announced at TechCrunch Disrupt, is a public show of force from the Amazon-backed company. Federal regulations prohibit […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Dapr graduates to become a CNCF top-level project Dapr, the Microsoft-incubated open source runtime for helping developers build secure and resilient distributed applications, has graduated from the Cloud Native Computing Foundation’s (CNCF) pool of incubating projects to become a top-level project at the same level of projects like Kubernetes, Prometheus, Istio, and Vitess. To graduate to this level, a project has to be […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Snowflake hackers identified and charged with stealing 50 billion AT&T records The U.S. Department of justice indicted two hackers for breaking into the systems of AT&T and several other companies. © 2024 TechCrunch. All rights reserved. For personal use only.
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Altos Ventures, an early backer of Coupang and Roblox, raises $500M fund Altos Ventures, the Silicon Valley venture capital firm that has backed the likes of Roblox, Coupang, PandaDoc and Quizlet, has secured $500 million for its latest fund, according to SEC filings. The firm has been around for almost three decades and this is its largest fund to date. Altos Ventures declined to comment on the […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Now anyone in LA can hail a Waymo robotaxi Waymo has opened its robotaxi service to everyone in Los Angeles, sunsetting a waitlist that had grown to 300,000 people. The Alphabet-backed company said starting Tuesday anyone can download the Waymo One app to hail a ride in its service area, which is now about 80 square miles in Los Angeles County. Waymo has had […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Particle launches an AI news app to help publishers, instead of just stealing their work The media industry today may not have a very favorable view of AI — a technology that’s already been used to replace reporters with AI-written copy, while other AI companies have scooped up journalists’ work to feed their chatbots’ data demands, but without returning traffic to the publisher as search engines once did. However, one […] © 2024 TechCrunch. All rights reserved. For personal use only.
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TikTok launches integration with Lemon8, as US ban looms Users will be able to directly access Lemon8, ByteDance’s newer social media app, with their TikTok account, the company announced Tuesday. ByteDance says the integration will make photo sharing more feasible, and give creators the ability to cross-share photo content between the apps. Lemon8 will remain a separate app, but the two platforms will share […] © 2024 TechCrunch. All rights reserved. For personal use only.
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French newspapers want social media platform X to pay for news reuse It’s rare when French newspapers team up and agree on something. But major publications, such as Le Monde, Le Figaro, and Le Parisien, have collectively decided to take legal action against X over neighboring rights, according to a statement sent to Reuters and the AFP. Under EU law, digital platforms are required to negotiate with […] © 2024 TechCrunch. All rights reserved. For personal use only.
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LocalStack raises $25M to help developers emulate and test cloud apps locally Knowing how your cloud application will behave in production usually requires significant development and testing in the environment in which it will be deployed, be that AWS, Azure, Google Cloud, or wherever. But this can be a resource-intensive endeavor, particularly with issues relating to latency (the time it takes to constantly send data) and the […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Bounce bags $19M to expand its traveler convenience network Luggage storage as a vector for piling into convenience-based revenue opportunities in the business of global travel continues to put a spring in San Francisco-based Bounce‘s step. The startup has just tucked $19 million in Series B funding into its suitcase, with a plan to keep rolling revenue that’s grown 20x since its $12M Series […] © 2024 TechCrunch. All rights reserved. For personal use only.
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SUSE launches a cloud observability service Luxembourg-based SUSE has long offered various services around its various Linux- and cloud-centric infrastructure and security tools. Yet what the company didn’t really offer before was a more traditional SaaS product. That’s changing now with the early access launch of SUSE Cloud Observability, a fully managed observability platform designed for Rancher-managed multi-cloud Kubernetes clusters. Rancher, […] © 2024 TechCrunch. All rights reserved. For personal use only.
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This USB-C mouthpiece turns your phone into a musical instrument Artinoise, the Italian startup behind re.corder — a smart device reimagining the traditional plastic recorder we all played in school — has introduced its latest product: Zefiro. The portable device, shaped like the mouthpiece of a recorder, can be plugged into any smartphone, tablet, or PC with a USB-C port, effectively transforming it into a […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Europe’s DMA forces Meta toward ‘less personalized ads’ Meta, under legal pressure in the European Union over a binary “pay us or consent to ad tracking” choice it currently offers regional users of its social networks Facebook and Instagram, is changing how its regional ad business works again. Little wonder when compliance failure in this context risks fines of up to 10% of […] © 2024 TechCrunch. All rights reserved. For personal use only.
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NitroVolt is helping farmers make their own fertilizer using renewable power The majority of the world’s ammonia is produced using the 115-year-old Haber-Bosch process, which is heavily reliant on natural gas. NitroVolt could change that. © 2024 TechCrunch. All rights reserved. For personal use only.
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Generative AI startup Writer raises $200M at a $1.9B valuation Writer has raised $200 million at a $1.9 billion valuation to expand its enterprise-focused generative AI platform. The Series C round was co-led by Premji Invest, Radical Ventures and ICONIQ Growth, with participation from Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventures and Workday Ventures. Writer CEO May Habib says the new cash, […] © 2024 TechCrunch. All rights reserved. For personal use only.
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ScaleOps aims to take the frustration out of cloud management ScaleOps, an automated cloud management platform, has closed a $58 million Series B, bringing its total raised to $80 million. © 2024 TechCrunch. All rights reserved. For personal use only.
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General Catalyst and Khosla Ventures back data mapping startup Lume Data integration is a necessary part of many workflows from onboarding customer data to exercising payroll, but for many data sets the process is long and manual. Data is siloed into databases and SaaS applications that each keep the information in different formats, which makes it difficult to move information from one database to another. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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How two brothers went from growing up on a sailboat to making underwater military vehicles Vatn Systems founders Nelson and Freddie Mills spent their childhood cruising over turquoise waters, doing their homework on a sailboat off the coast of Caribbean islands. While their surroundings were idyllic, their vessel of choice was decidedly not. “The first boat I remember, I think our parents bought it for like five, ten grand,” Freddie […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Amazon attempts to lure AI researchers with $110M in grants and credits There’s an AI chip battle brewing among the major cloud vendors. Google’s Trillium, a custom chip for training and running AI models, recently entered preview, and Microsoft’s Maia is expected to follow in short order. Not to be outdone, Amazon Web Services has AI chips, too: Trainium, Inferentia, and Graviton. In an effort to draw […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Apple’s geoblocks on media services in EU draw consumer protection ire Apple’s pile of regulatory woes in the European Union has ticked up again: the iPhone maker is being accused of unlawfully discriminating against consumers by applying restrictions on how several of its media services can be accessed around the bloc. Consumer protection authorities in three EU Member States have been investigating the geoblocking measures (access […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Red Hat is acquiring AI optimization startup Neural Magic Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI models to run faster on commodity processors and GPUs. The terms of the deal weren’t disclosed. MIT research scientist Alex Matveev and professor Nir Shavit founded Somerville, Massachusetts-based Neural Magic in 2018, inspired by their work in high-performance […] © 2024 TechCrunch. All rights reserved. For personal use only.
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PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds Enterprise spending on cloud services continues to go up, up, up — to the tune of $675 billion this year — thanks to organizations’ firm embrace of software-as-a-service, the popularity of distributed working, and the arrival of compute-intensive tech like AI. A startup called PointFive that believes it has found a better way to get […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Conduktor looks to gatekeep ‘bad data’ out of company’s apps It was 2020, and Nicolas Orban, Stéphane Derosiaux and Stéphane Maarek were beyond frustrated with Apache Kafka. The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to embrace cloud services. “Many companies were finding it difficult to scale their […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Signal gets new video call features, making it a viable alternative to Zoom, Meet and Teams Privacy-focused messaging app Signal is adding new features for video calls, including links, reactions and a calls tab, in a bid to pose as an alternative to Zoom, Google Meet and Microsoft Teams. The highlight of the update is a new “Calls” tab, which lets you make new calls, manage call links, and check your […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Germany’s Klim raises $22M to take its regenerative farming platform international Global food production generates at least a quarter of greenhouse gas emissions, more than 80% of which comes from agriculture. But addressing that impact is easier said than done since there are simply so many moving parts to address. “Regenerative” farming is often touted as one way to make progress towards several sustainability goals, as it offers […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Fleek, a marketplace for wholesale second-hand clothes, sews up $20M Fleek, an online marketplace that connects second-hand clothing wholesalers with those who sell it at retail, has raised a $20.4 million Series A. © 2024 TechCrunch. All rights reserved. For personal use only.
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SoftBank Vision Fund co-CEO Misra to leave firm SoftBank said the co-CEO of Vision Fund, Rajeev Misra, will soon step down from his leadership roles at the firm’s flagship technology investment vehicles, marking the departure of one of the Japanese group’s most prominent dealmakers. The company said on Tuesday that Misra, who helped steer the $100 billion Vision Fund through both its explosive […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Quantune joins quest for the holy grail of non-invasive glucose monitoring Berlin-based Quantune is trying to shrink laser spectrometers so that you can wear one on your wrist, and it just raised $9M to do it. © 2024 TechCrunch. All rights reserved. For personal use only.
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Agicap secures $48 million for its cash flow management platform On average, Agicap’s clients manage 15 different bank accounts each. So the chief financial officers (CFOs) working for these companies sometimes struggle to make sure that there will be enough money in the right bank account to pay employees and suppliers across different subsidiaries, countries and currencies. That’s also why they turn to Agicap to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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As demand for lithium explodes, battery recycling startup Tozero sprints to scale with $11.7M seed Tozero, a Munich-based startup that recovers valuable raw materials from recycled lithium-ion batteries, is gearing up to scale. The startup just closed an oversubscribed €11 million seed round (around $11.7M) to step up production by building its first industrial deployment (A.K.A first-of-a-kind or FOAK) plant. Currently, Tozero’s pilot plant processes nine tonnes of lithium-ion battery […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Ecosia and Qwant, two European search engines, join forces on an index to shrink reliance on Big Tech Qwant, France’s privacy-focused search engine, and Ecosia, a Berlin-based not-for-profit search engine that uses ad revenue to fund tree planting and other climate-focused initiatives, are joining forces on a joint venture to develop their own European search index. The pair hopes this move will help drive innovation in their respective search engines — including and […] © 2024 TechCrunch. All rights reserved. For personal use only.
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SmartBank secures $26M for its personal finance management app The majority of the aging population in Japan still prefers using cash for transactions, according to a recent report citing government data. In 2023, cashless transactions in Japan totaled 126.7 trillion yen ($885 billion), accounting for 39.3 percent of all spending in the country, said the Japanese government. The government hopes that number reaches 40 […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Indonesian VC firm Intudo raises $125M across two funds Intudo, the Indonesia-only venture capital firm, said it has raised $125 million across two investment funds — $75 million for Intudo Ventures IV, and $50 million for another fund that will invest in downstream natural resources and renewable energy. Intudo said Fund IV will invest in Indonesian startups that take advantage of the country’s location, […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Lightspeed doubles down on Wheelocity as it pivots to rural India commerce Lightspeed has led Wheelocity's $15 million round as the startup pivots to rural India commerce. © 2024 TechCrunch. All rights reserved. For personal use only.
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Amazon confirms employee data stolen after hacker claims MOVEit breach Amazon has confirmed that employee data was compromised after a “security event” at a third-party vendor. In a statement given to TechCrunch on Monday, Amazon spokesperson Adam Montgomery confirmed that employee information had been involved in a data breach. “Amazon and AWS systems remain secure, and we have not experienced a security event. We were […] © 2024 TechCrunch. All rights reserved. For personal use only.
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SpaceX alums find traction on Earth with their Mars-inspired CO2-to-fuel tech Though General Galactic is focused on producing methane, the company isn’t necessarily looking to displace the fuel from heating and energy. © 2024 TechCrunch. All rights reserved. For personal use only.
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Intuitive Machines CEO: ‘We now have the platform for a lunar economy’ Steve Altemus is optimistic. And as CEO of Intuitive Machines, which made history with the first ever successful moon landing performed by a private company, he has good reason. But that was just the opening act of his company’s plans to build “a full stack: all the pieces you need to create missions to the […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Gift Guide 2024: The best gadgets for new home owners In August, I did something I never imagined myself doing: I bought a house. After spending most of my adult life in New York City, I moved a couple of hours north to the Hudson Valley. It’s been every bit as major an adjustment as I’d expected. Along with your standard new homeowner surprises — […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Meta taps US, UK universities to test VR in education, creates digital twin ‘metaversities’ in Europe As part of an ongoing effort to embed virtual reality (VR) in education, Meta has launched a new partnership with a slew of universities in the U.S. and U.K., designed to provide feedback on a new product that Meta hopes will finally make VR just a little more mainstream. The new Meta for Education beta […] © 2024 TechCrunch. All rights reserved. For personal use only.
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From self-driving cars to AI that writes enterprise software: Cogna founder raises $15M A founder who was an early mover in the race to build autonomous vehicles has raised $15 million for his next act: a startup that claims its AI can write enterprise software on its own. Cogna — as the U.K.-based startup is called — is led by Ben Peters, the technical co-founder of FiveAI, a […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Swiggy’s public debut will test India’s appetite for $1B+ IPOs Swiggy’s upcoming IPO on Wednesday will finally give many analysts a public comparable for what has been long considered to be the Indian internet stock: Zomato. It will also test the nation’s appetite for IPOs that can scale past the $1 billion mark. For its IPO, Swiggy has already secured $1.4 billion from institutional investors […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Brazilian fintech Tako emerges from stealth with sizable seed round led by a16z and Ribbit Capital Running payroll is hard in any country, but perhaps especially so in Brazil thanks to consistently changing laws and extremely influential unions that make it significantly harder to get it right. Fernando Gadotti struggled with this as the co-founder of DogHero, LatAm’s version of Rover. When Gadotti left the company in 2022, after selling it […] © 2024 TechCrunch. All rights reserved. For personal use only.
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X is testing a free version of AI chatbot Grok Social network X has so far limited its AI chatbot Grok (built by Elon Musk’s other company xAI) to its premium, paying users. However, the platform is seemingly preparing to open up the chatbot to free users. Over the weekend, several app researchers and users posted about a free version of Grok being made available […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Elon Musk’s X is moving its legal disputes to Northern Texas Lawsuits against X (formerly Twitter) will soon be heard in the US District Court for the Northern District of Texas. The shift was first announced last month as part of a broader set of changes to X’s terms of service and privacy policy. Now, with the changes set to take effect on November 15, The […] © 2024 TechCrunch. All rights reserved. For personal use only.
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It’s the Senate’s last chance to pass the PRESS Act The PRESS Act would protect a journalist's sources, and gained unanimous bipartisan support when passed by the House in January. © 2024 TechCrunch. All rights reserved. For personal use only.
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TSMC reportedly halts advanced chip shipments to Chinese companies After a chip manufactured by Taiwan Semiconductor Manufacturing Company was found inside a Huawei processor, the US Department of Commerce has ordered the company to halt shipments of advanced chips to Chinese customers, according to a report in Reuters. Huawei faces significant trade restrictions from the US, so the pause on shipments is supposed to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Equal has a plan to fight India’s growing cyber fraud problem Equal, an Indian startup founded by Keshav Reddy, has raised $10M in its maiden funding round led by Prosus Ventures to scale identity verification and financial data sharing. © 2024 TechCrunch. All rights reserved. For personal use only.
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Encore is an AI-powered search engine for your thrifting needs Former Apple engineer Alex Ruber and former Twitter and Asana engineer Parth Chopra first met on Y Combinator’s founder match platform, then met in person at a thrift store for shopping. They later went on a thrift store shopping trip where they talked about solving problems with finding the right product in the online space. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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a16z VC Martin Casado explains why so many AI regulations are so wrong Attempts to regulate AI to date have focused on some mythical future instead of understanding what new risks AI actually introduces, argues VC Martin Casado. © 2024 TechCrunch. All rights reserved. For personal use only.
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These are the top apps Gen Z young adults downloaded this year It’s clear that Gen Z has an influence on app consumption. Known as the “mobile-first generation,” they make up about 40% of all mobile users worldwide. Curious about their preferences, we recently contacted the app intelligence firm Appfigures, which provided an overview of the 50 most downloaded apps by Gen Z this year. Due to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Open source projects draw equity-free funding from corporates, startups, and even VCs A dearth of funding for vital open source technologies is leading to a swath of support from startups, unicorns, corporations, and even venture capital firms. Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in October, Indian financial services company Zerodha launched […] © 2024 TechCrunch. All rights reserved. For personal use only.
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FTX bankruptcy estate sues Anthony Scaramucci, FWD.us, others Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund SkyBridge Capital, and other organizations including Crypto.com and the Mark Zuckerberg-backed lobbying group Fwd.us. These lawsuits are an attempt to claw back money for FTX’s creditors following the company’s collapse. FTX claims that the money targeted in these suits […] © 2024 TechCrunch. All rights reserved. For personal use only.
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OpenAI reportedly developing new strategies to deal with AI improvement slowdown OpenAI’s next flagship model might not represent as big a leap forward as its predecessors, according to a new report in The Information. Employees who tested the new model, code-named Orion, reportedly found that even though its performance exceeds OpenAI’s existing models, there was less improvement than they’d seen in the jump from GPT-3 to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Mozilla lays off 30% of its nonprofit arm Welcome back to Week in Review. This week, we’re unpacking the latest layoffs at Mozilla, Perplexity offering to cross a picket line, and Apple warning investors that it might never top the iPhone. Let’s get into it. The Mozilla Foundation laid off 30% of its employees in the second round of layoffs for the Firefox […] © 2024 TechCrunch. All rights reserved. For personal use only.
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iPhones might be harder for police to unlock, thanks to new reboot feature New code introduced in the latest version of Apple’s mobile operating system could make it more difficult for both police and thieves to unlock iPhones. 404 Media reported Thursday that law enforcement officials were warning each other that phones being stored for forensic examination seemed to be rebooting themselves — something that security experts confirmed […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Standing desks don’t do squat, per new study Over the years, numerous startups have gained traction by designing, making and selling standing desks as part of a workspace innovation trend to promote better health, and a lot of executives swear by them, including Apple CEO Tim Cook, who once called sitting “the new cancer.” But per the Washington Post, a new study of […] © 2024 TechCrunch. All rights reserved. For personal use only.
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As Firefox turns 20, Mozilla ponders how to restore it to its former glory Exactly 20 years ago, Mozilla started shipping version 1.0 of its Firefox browser. At the time, you could download it or buy a CD-ROM with a guidebook from Mozilla (or maybe get it on one of those free CDs that would come with many magazines at the time). Born out of the ashes of Netscape, […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Boox Palma 2: A great little e-reader with bigger ambitions The Palma is a strange product. It’s a small e-reader with far bigger gadget ambitions. On its site, Boox describes the product as a “distraction-free device that lets you reclaim your focus in the exact middle between tech and life.” In a lot of ways, the company’s ambitions appear to mirror those of Light Phone’s by […] © 2024 TechCrunch. All rights reserved. For personal use only.
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These 60 robotics companies are hiring From the looks of things, companies in the category — including Agility Robotics and Formlogic — can’t hire quickly enough. © 2024 TechCrunch. All rights reserved. For personal use only.
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Productivity hacks are overrated, says a16z VC who sold his own startup for $1.25B What’s the secret to success? It isn’t any of the trends that so many founders in Silicon Valley subscribe to, a16z's Martin Casado says. © 2024 TechCrunch. All rights reserved. For personal use only.
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VCs on how to ‘survive and thrive’ after a down round Founders hope that their startups continually raise larger funding rounds at escalating valuations. But unexpected challenges, such as a global health crisis or a sudden surge in interest rates, can have a significant impact on a company’s ability to maintain its valuations. Some of these startups may have to resort to down rounds, which are […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Murder trial for tech exec Bob Lee enters next phase Roughly 19 months after the fatal stabbing of tech exec Bob Lee in San Francisco attracted the nation’s attention, the trial of the man accused of killing him, tech entrepreneur and consultant Nima Momeni, will soon enter its next phrase. It should be riveting, if the prosecution’s newly wrapped case against Momeni is any indication. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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OpenAI loses another lead safety researcher, Lilian Weng Another one of OpenAI’s lead safety researchers, Lilian Weng, announced on Friday she is departing the startup. Weng served as VP of research and safety since August, and before that, was the head of the OpenAI’s safety systems team. In a post on X, Weng said that “after 7 years at OpenAI, I feel ready […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Upwind, an Israeli cloud cybersecurity startup, is raising $100M at a $850-900M valuation, say sources Cybersecurity continues to command a lot of attention from enterprises looking for better protection from malicious hackers, and VCs want in on the action. In the latest example, TechCrunch has learned and confirmed that Upwind — a specialist in assessing and securing cloud infrastructure — is closing in on a $100 million round at a […] © 2024 TechCrunch. All rights reserved. For personal use only.
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ChatGPT told 2M people to get their election news elsewhere — and rejected 250K deepfakes Now that the election is over, the dissection can begin. As this is the first election in which AI chatbots played a significant part of voters’ information diets, even approximate numbers are interesting to think about. For instance, OpenAI has stated that it told around 2 million users of ChatGPT to go look somewhere else. […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Benchmark, Index, others are in a wild unsolicited bidding war over Anysphere, maker of Cursor There isn’t a shortage of AI-powered coding assistance startups. They include Augment, Codeium, Magic, and Poolside. However, Cursor has become one of the most popular. Its developer, Anysphere, has seen its revenue grow from $4 million annualized recurring revenue (ARR) in April to $4 million a month as of last month, according to a person […] © 2024 TechCrunch. All rights reserved. For personal use only.
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‘Whatever you want Ben’: Inside Ben Horowitz’s cozy relationship with the Las Vegas Police Department When Skydio, a young maker of drones in San Mateo, California, sent a customer proposal in 2023 to the Las Vegas Metropolitan Police Department, its chief of staff, Mike Gennaro, forwarded the email to VC Ben Horowitz. “Which deployment are you looking to do?” Horowitz wrote back. “Whatever you want, Ben,” Gennaro replied, according to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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What does Trump’s election mean for the TikTok ban? As TikTok stares down an impending federal ban, Donald Trump’s win in the presidential election could be a lifeline. It’s a plot twist for the embattled, Chinese-owned social media company. During Trump’s last presidency, the president-elect had been the one to initiate the calls to ban TikTok, which only petered out because he didn’t win […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Monarch Tractor lays off 10% in restructuring towards software and licensing AV tech Monarch Tractor has laid off around 10% of its workforce as part of a restructuring that will see it prioritize non-agricultural customers, license its autonomous technology, and boost sales of its AI-powered farm management software, TechCrunch has learned. Around 35 employees were cut this week by the Livermore, California-based autonomous electric tractor startup that has […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Startup land wasn’t as quiet this week as you might’ve expected Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here! This week probably wasn’t the best one to make any type of big announcement. But when it comes to startups, there are quite a few contrarians, leaving us […] © 2024 TechCrunch. All rights reserved. For personal use only.
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