GetYourGuide books $194M at a $2B valuation with travel experiences back in business

The tourist industry is bouncing back after a rough couple of pandemic-stressed years, and in the case of some tourism and travel startups, its momentum is coming in at a pace that’s defying the even the current market climate. Today, GetYourGuide — a Berlin-based startup that has built a marketplace for finding and booking tourist, […]

GetYourGuide books $194M at a $2B valuation with travel experiences back in business by Ingrid Lunden originally published on TechCrunch

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California lawmakers and AV industry battle for future of self-driving trucks

A California bill that would require a trained human safety operator to be present any time a heavy-duty autonomous vehicle operates on public roads in the state is getting traction. The bill, first introduced in January, passed the state’s Assembly Wednesday and will now face a committee review and vote in the Senate. Advocates of […]

California lawmakers and AV industry battle for future of self-driving trucks by Rebecca Bellan originally published on TechCrunch

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Indian SaaS startup Capillary Technologies grabs $45M to expand globally

Capillary Technologies, an Indian SaaS startup that offers solutions for loyalty management and customer engagement, has raised $45 million in a funding round, as it plots plans to expand into global markets and widen its reach through mergers and acquisitions. The funding arrives at a crucial time amidst the prevailing market slowdown, where startups, particularly […]

Indian SaaS startup Capillary Technologies grabs $45M to expand globally by Jagmeet Singh originally published on TechCrunch

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Lightmatter’s photonic AI hardware is ready to shine with $154M in new funding

Photonic computing startup Lightmatter is taking its big shot at the rapidly growing AI computation market with a hardware-software combo it claims will help the industry level up — and save a lot of electricity to boot. Lightmatter’s chips basically use optical flow to solve computational processes like matrix vector products. This math is at […]

Lightmatter’s photonic AI hardware is ready to shine with $154M in new funding by Devin Coldewey originally published on TechCrunch

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Amazon settles with FTC for $25M after ‘flouting’ kids’ privacy and deletion requests

Amazon will pay the FTC a $25 million penalty as well as “overhaul its deletion practices and implement stringent privacy safeguards” to avoid charges of violating the Children’s Online Privacy Protection Act to spruce up its AI. Amazon’s voice interface Alexa has been in use in homes across the globe for years, and any parent […]

Amazon settles with FTC for $25M after ‘flouting’ kids’ privacy and deletion requests by Devin Coldewey originally published on TechCrunch

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Hostaway unlocks $175M to expand its vacation rental management platform

Tourism and travel have come roaring back into business post-pandemic, and today a startup called Hostaway that’s building technology for one segment of that market — those owning and/or managing vacation rentals — is announcing a major round of funding to grab the opportunity. The startup, which provides software used to help manage vacation rentals […]

Hostaway unlocks $175M to expand its vacation rental management platform by Ingrid Lunden originally published on TechCrunch

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Strive Health grabs $166M to provide end-to-end kidney care

Strive Health works with local providers to form an integrated care delivery system that follows a patient from chronic kidney disease to end-stage kidney disease. 

Strive Health grabs $166M to provide end-to-end kidney care by Christine Hall originally published on TechCrunch

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Twitter launches Community Notes for images

In an effort to put more onus on crowdsourced moderation, Twitter has launched Community Notes for images in posts. The company is aiming to address scenarios of morphed images or AI-generated images across the platform where the photos are posted. In other words, the platform wants to flag content like “the Balenciaga Pope” that went […]

Twitter launches Community Notes for images by Ivan Mehta originally published on TechCrunch

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Ask Sophie: How long until I can travel while waiting for my green card?

To qualify for a EB-1A green card, I'll need to travel internationally frequently for business. Once I apply, will I be stuck in the U.S.?

Ask Sophie: How long until I can travel while waiting for my green card? by Walter Thompson originally published on TechCrunch

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New regulation in India seeks to stub out tobacco glorification on streaming platforms

India’s health ministry has unveiled stringent guidelines for on-demand video streaming services, necessitating warnings about smoking and the use of other tobacco products when such activities are portrayed on screen. The new regulations, termed as the Cigarettes and other Tobacco Products Amendments Rules, 2023, will come into effect in three months. The updated policy mandates […]

New regulation in India seeks to stub out tobacco glorification on streaming platforms by Manish Singh originally published on TechCrunch

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Meet the Aerospace Corporation, AMD, Torc and more at Disrupt

TechCrunch Disrupt, a veritable who’s who and what’s what in the startup world, takes place on September 19–21 in San Francisco. It’s the perfect destination to find inspiration, gain knowledge, forge new relationships and discover essential tools to help you build your business. Time-sensitive savings: Our Memorial Day two-four-one sale on select passes ends tonight […] Meet the Aerospace Corporation, AMD, Torc and more at Disrupt by Lauren Simonds originally published on TechCrunch
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NXP unveils its latest processor, the i.MX 91, during Computex

During Computex today, Dutch semiconductor giant NXP announced its i.MX 91, the latest processor from its i.MX 9 series of applications processors for industrial, medical, consumer and IoT use cases. During his keynote, NXP Secure Connected Edge executive vice president and general manager Rafael Sotomayor gave some details about the new processor. Features include an […]

NXP unveils its latest processor, the i.MX 91, during Computex by Catherine Shu originally published on TechCrunch

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Uber drops ride discounts for subscribers, switches to cash back

Uber is dropping the 5% discounts on eligible rides that it previously offered members of its Uber One subscription service, according to an email sent out to customers. Starting on their next billing cycle, subscribers will now earn 6% so-called “Uber Cash” on eligible rides that can be spent on Uber and Uber Eats. It’s […]

Uber drops ride discounts for subscribers, switches to cash back by Rebecca Bellan originally published on TechCrunch

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Block Party’s anti-harassment tool for Twitter is going on hiatus

Now that Twitter’s API access is locked behind a tall paywall, long beloved third-party apps are shutting down. The latest to bite the dust is Block Party, an anti-harassment tool that helped people stay safe from targeted harassment on Twitter. “We’re heartbroken that we won’t be able to help protect you from harassers and spammers […]

Block Party’s anti-harassment tool for Twitter is going on hiatus by Amanda Silberling originally published on TechCrunch

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Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch

Taxfix leaped to a $1 billion valuation in 2022 on the back of a popular mobile app used by consumers help with tax returns. But fast forward to 2023, and the Berlin-based accounting startup is taking an audit of its own affairs. TechCrunch has learned and confirmed that Taxfix has laid off 20% of its […]

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch by Jagmeet Singh originally published on TechCrunch

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No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked

Few lawyers would be foolish enough to let an AI make their arguments, but one already did, and Judge Brantley Starr is taking steps to ensure that debacle isn’t repeated in his courtroom. The Texas federal judge has added a requirement that any attorney appearing in his court must attest that “no portion of the […]

No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked by Devin Coldewey originally published on TechCrunch

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Elizabeth Holmes is now behind bars: How we got here

Ten years ago, Elizabeth Holmes’ biotech startup, Theranos, was valued to be worth $10 billion. Five years ago, she was indicted for wire fraud. Finally, today, Holmes reported to prison to begin serving her sentence of 11 years and 3 months. It usually doesn’t take so long after an indictment for a defendant to be […]

Elizabeth Holmes is now behind bars: How we got here by Amanda Silberling originally published on TechCrunch

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Portal’s Mac app helps users focus with immersive backgrounds and audio

Productivity-enhancing app Portal has launched a Mac app. The company helps users regain focus and become more productive with immersive backgrounds and natural sounds. The service has been available through an iOS app since 2019 — the desktop and mobile apps have similar objectives. The company said that the app has attracted more than a […]

Portal’s Mac app helps users focus with immersive backgrounds and audio by Ivan Mehta originally published on TechCrunch

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Serve Robotics to deploy up to 2,000 sidewalk delivery bots on Uber Eats

Serve Robotics, the Uber spinout that builds autonomous sidewalk delivery robots, is expanding its partnership with Uber Eats. The Nvidia-backed startup will now deploy up to 2,000 of its cute little bots via Uber’s platform in multiple markets across the U.S. The partnership is slated to last through the beginning of 2026. This expansion not […]

Serve Robotics to deploy up to 2,000 sidewalk delivery bots on Uber Eats by Rebecca Bellan originally published on TechCrunch

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Wellplaece wants to put a smile on dentists’ face with new supply procurement marketplace

Wellplaece’s takes in a client’s ordering data and then enables the customer to make those specific purchasing behaviors across a large network of suppliers via one shopping cart.

Wellplaece wants to put a smile on dentists’ face with new supply procurement marketplace by Christine Hall originally published on TechCrunch

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Blackrock, a minority investor in Byju’s, cuts startup valuation to $8.4 billion

Blackrock, a minority investor in Byju’s, has yet again cut the valuation of its holding in the Bengaluru-based startup, this time to about $8.4 billion, even as the most Indian valuable startup continues to raise capital at a better price. Blackrock cut the value of Byju’s share by 62% in the quarter ending March this […]

Blackrock, a minority investor in Byju’s, cuts startup valuation to $8.4 billion by Manish Singh originally published on TechCrunch

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OMERS Growth Equity leads Carrum Health’s $45M Series C to expand cancer care

Carrum Health CEO Sach Jain noted that 2022 “was a big year for us” that included nearly doubling its book of business.

OMERS Growth Equity leads Carrum Health’s $45M Series C to expand cancer care by Christine Hall originally published on TechCrunch

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Arm launches new chips for faster smartphone performance during Computex

Just ahead of CEO Rene Haas’ keynote at Computex in Taipei today, Arm launched two new products designed to increase smartphone performance. The first is the Arm Cortex-X4, its fourth-generation Cortex-X core. Arm said the Cortex-X4 is the fastest CPU it is made so far and will bring 15% more performance than its predecessor, the […] Arm launches new chips for faster smartphone performance during Computex by Catherine Shu originally published on TechCrunch
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A popular Android app began secretly spying on its users months after it was approved on Google Play

A cybersecurity firm says a popular Android screen recording app that racked up tens of thousands of downloads on Google’s app store subsequently began spying on its users, including by stealing microphone recordings and other documents from the user’s phone. Research by ESET found that the Android app, “iRecorder — Screen Recorder,” introduced the malicious […]

A popular Android app began secretly spying on its users months after it was approved on Google Play by Zack Whittaker originally published on TechCrunch

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Free cricket streaming helps Ambani’s JioCinema break world record

India’s JioCinema broke the global record for the most concurrent views to a live streamed event on Monday, beating a milestone set by Disney’s Hotstar years ago, as the Asian tycoon Mukesh Ambani spares no expense in expanding his digital empire. The Indian streaming app, whose partner includes James Murdoch’s Bodhi Tree-backed Viacom18, surpassed the […]

Free cricket streaming helps Ambani’s JioCinema break world record by Manish Singh originally published on TechCrunch

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Solana’s co-founder sees potential for its blockchain to be the ‘Apple of crypto’

Solana co-founder Raj Gokal says the blockchain is focused on attracting new businesses, new projects and independent developers.

Solana’s co-founder sees potential for its blockchain to be the ‘Apple of crypto’ by Jacquelyn Melinek originally published on TechCrunch

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TechCrunch+’s holiday reading list

It's Memorial Day here in the United States, which means that the flow of tech news is slower than normal.

TechCrunch+’s holiday reading list by Miranda Halpern originally published on TechCrunch

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Ambani’s JioCinema secures NBCUniversal titles, escalates Netflix and Disney rivalry

JioCinema, the affordable on-demand video streaming service rival to Netflix and Disney’s Hotstar in India, will soon be the home for “The Office” and other NBCUniversal titles. The Viacom18 streaming service said on Monday said it has signed a “multi-year” partnership with NBCUniversal to bring “thousands of hours” of NBCU movies and TV shows to […]

Ambani’s JioCinema secures NBCUniversal titles, escalates Netflix and Disney rivalry by Manish Singh originally published on TechCrunch

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Arm launches new chips for faster smartphone performance during Computex

Just ahead of CEO Rene Haas’ keynote at Computex in Taipei today, Arm launched two new products designed to increase smartphone performance. The first is the Arm Cortex-X4, its fourth-generation Cortex-X core. Arm said the Cortex-X4 is the fastest CPU it is made so far and will bring 15% more performance than its predecessor, the […]

Arm launches new chips for faster smartphone performance during Computex by Catherine Shu originally published on TechCrunch

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Startups should absolutely work with governments to support defense projects

Startups and active investors are uniquely positioned to support the defense efforts of the West and the mission to keep our societies safe. Startups should absolutely work with governments to support defense projects by Walter Thompson originally published on TechCrunch
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Krafton’s popular Battlegrounds Mobile India, successor to PUBG, returns

Krafton’s Battlegrounds Mobile India, the once chart-topping mobile game in the South Asian market, is now available to download on Android nearly a year after being ousted due to national security concerns. The South Korean developer said on Monday that BGMI is returning with version 2.5 update, which features a fresh map, called Nusa, and […]

Krafton’s popular Battlegrounds Mobile India, successor to PUBG, returns by Manish Singh originally published on TechCrunch

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Ford EVs will have Tesla DNA and Waymo’s robotaxis are coming to Uber

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I’m turning the wheel over to Rebecca Bellan next week, and she’s mostly steering things this week (I had to add a few of my thoughts in here cuz […]

Ford EVs will have Tesla DNA and Waymo’s robotaxis are coming to Uber by Kirsten Korosec originally published on TechCrunch

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Taking the pulse on the Northeast seed market with Techstars’ Kerty Levy

From 2021 to 2022, overall deal count in the Northeast was down around 25%. It might not be surprising, but it is quite stark.

Taking the pulse on the Northeast seed market with Techstars’ Kerty Levy by Haje Jan Kamps originally published on TechCrunch

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QED Investors says pace of investing from new funds will be ‘extremely disciplined’

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, we’ll take a look at the hottest fintech news of the previous week. […]

QED Investors says pace of investing from new funds will be ‘extremely disciplined’ by Christine Hall originally published on TechCrunch

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3 Views on a16z’s latest reported early-stage effort

This is not the first time that we’ve seen funds try to go earlier in the investing world. Will the a16z effort pay off? Will it be ultimately good for founders? 

3 Views on a16z’s latest reported early-stage effort by Rebecca Szkutak originally published on TechCrunch

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Startups should absolutely work with governments to support defense projects

Startups and active investors are uniquely positioned to support the defense efforts of the West and the mission to keep our societies safe.

Startups should absolutely work with governments to support defense projects by Walter Thompson originally published on TechCrunch

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Elon Musk takes Twitter out of the EU’s Disinformation Code of Practice

Twitter has withdrawn from the European Union’s Code of Practice on online disinformation, per the bloc’s internal market commissioner, Thierry Breton. In a tweet last night — which confirmed earlier reports of Twitter’s impending exit from the EU Code — Breton issued the social media platform with a blunt warning: Telling Twitter it cannot hide […] Elon Musk takes Twitter out of the EU’s Disinformation Code of Practice by Natasha Lomas originally published on TechCrunch
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AI scares the bejesus out of me

Welcome to this week's edition of Startups Weekly.

AI scares the bejesus out of me by Haje Jan Kamps originally published on TechCrunch

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Deal Dive: Why this startup chose to sell itself over raising a Series A

Heroes Jobs realized that its user acquisition costs were too high to be successful as a solo company and decided to partner.

Deal Dive: Why this startup chose to sell itself over raising a Series A by Rebecca Szkutak originally published on TechCrunch

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This week in AI: AI heavyweights try to tip the regulatory scales

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of the last week’s stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. This week, movers and shakers in the AI […]

This week in AI: AI heavyweights try to tip the regulatory scales by Kyle Wiggers originally published on TechCrunch

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Elon Musk takes Twitter out of the EU’s Disinformation Code of Practice

Twitter has withdrawn from the European Union’s Code of Practice on online disinformation, per the bloc’s internal market commissioner, Thierry Breton. In a tweet last night — which confirmed earlier reports of Twitter’s impending exit from the EU Code — Breton issued the social media platform with a blunt warning: Telling Twitter it cannot hide […]

Elon Musk takes Twitter out of the EU’s Disinformation Code of Practice by Natasha Lomas originally published on TechCrunch

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Venture leasing: The unsung hero for hardware startups struggling to raise capital

Just because a capital-intensive company needs funding, it doesn’t have to accept the first financing offer it receives. Venture leasing: The unsung hero for hardware startups struggling to raise capital by Walter Thompson originally published on TechCrunch
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Explaining Blockchain Capital’s Big Bet on an Eyeball-Scanning Orb

This week, Worldcoin, an outfit that aims to serve as proof of personhood in a world where it’s harder by the day to distinguish a human from a bot, raised $115 million in Series C funding. Led by the 10-year-old venture firm Blockchain Capital, whose bets have included Coinbase, Kraken and OpenSea, the investment brings […]

Explaining Blockchain Capital’s Big Bet on an Eyeball-Scanning Orb by Connie Loizos originally published on TechCrunch

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Twitter introduces a new $5,000-per-month API tier

Twitter announced a new API tier today called Twitter API Pro for startups that costs $5,000 per month. The tier gives developers the ability to fetch 1 million tweets per month and post 300,000 tweets per month, and gives them access to the full archive search endpoint. 📣 Calling all start-ups 📣 Today we are […] Twitter introduces a new $5,000-per-month API tier by Ivan Mehta originally published on TechCrunch
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Elon Musk says Tesla might ‘open source more code’ to other automakers

Elon Musk suggested Thursday during a Twitter Spaces with Ford CEO Jim Farley that Tesla might open up some of its automotive operating system code to other automakers.  “In the same way that maybe Android is helpful to the phone industry as sort of a general standard, like we could potentially open source more code,” […]

Elon Musk says Tesla might ‘open source more code’ to other automakers by Rebecca Bellan originally published on TechCrunch

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Ford to bring Tesla’s charging tech into its future EVs

Ford has reached an agreement with rival Tesla that will give owners of Ford’s EVs access to more than 12,000 Superchargers across the U.S. and Canada. The deal was announced during a Twitter Spaces between Tesla and Twitter CEO Elon Musk and Ford CEO Jim Farley. However, this agreement reaches far beyond providing access to […]

Ford to bring Tesla’s charging tech into its future EVs by Kirsten Korosec originally published on TechCrunch

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Applied Intuition to buy autonomous trucking SPAC Embark for $71M

Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a simulation and software provider for autonomous vehicle development. The all-cash transaction has an equity value of about $71 million, according to the companies. Embark went public in 2021 via a merger with a special purpose […]

Applied Intuition to buy autonomous trucking SPAC Embark for $71M by Rebecca Bellan originally published on TechCrunch

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Following successful mission, Virgin Galactic targeting June for first commercial spaceflight

Following a successful flight to the edge of space on Thursday, space tourism company Virgin Galactic says it is ready to enter commercial service in June. Virgin Galactic’s aircraft, VMS Eve, departed the New Mexico launch site carrying a crew of six (plus two aircraft pilots) at around 9:15 AM MT. The VSS Unity spaceplane […]

Following successful mission, Virgin Galactic targeting June for first commercial spaceflight by Aria Alamalhodaei originally published on TechCrunch

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Electric truck maker Nikola at risk of being delisted from Nasdaq

Nikola, the beleaguered electric truck developer, is at risk of being delisted from Nasdaq, the company disclosed Thursday in a regulatory filing. Nikola said it received May 24 a delisting notice from the public exchange because its share price has been below $1 for the past 30 days. The company has until November 20, to […]

Electric truck maker Nikola at risk of being delisted from Nasdaq by Kirsten Korosec originally published on TechCrunch

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With new grant program, OpenAI aims to crowdsource AI regulation

OpenAI says it’s launching a program to award ten $100,000 grants to fund experiments in setting up a democratic process for deciding what rules AI systems should follow — “within the bounds defined by the law.” The launch of the grant program comes after OpenAI’s calls for an international regulatory body for AI akin to […]

With new grant program, OpenAI aims to crowdsource AI regulation by Kyle Wiggers originally published on TechCrunch

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Sony’s PS5 streaming Project Q handheld will launch this year

Project Q is real, and it’s coming soon, Sony confirmed during today’s PlayStation Showcase event. Jim Ryan, the president and CEO of Sony Interactive Entertainment, revealed the upcoming handheld’s existence. “Later this year, we will launch a dedicated device that enables you to stream any game from your PS5 console, using remote play over Wi-Fi,” […] Sony’s PS5 streaming Project Q handheld will launch this year by Brian Heater originally published on TechCrunch
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Elon Musk ushers in DeSantis’s 2024 campaign, signaling a new era for Twitter

Florida Governor Ron DeSantis filed the paperwork to officially launch his presidential campaign on this afternoon, but opted to join Elon Musk on a Twitter Space to discuss his campaign on Wednesday evening. DeSantis’s decision to forgo traditional news venues in favor of making a big media moment with Musk marks a new phase for […]

Elon Musk ushers in DeSantis’s 2024 campaign, signaling a new era for Twitter by Taylor Hatmaker originally published on TechCrunch

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Marvel’s Spider-Man 2 features Miles with web wings and Peter in symbiote suit

Sony held its PlayStation Showcase on Wednesday, revealing for the first time 10 minutes of gameplay for the highly anticipated Spider-Man 2 video game. Fans also saw a short clip dedicated to the game’s central villain, Kraven the Hunter. The gameplay trailer shows a much angrier Peter Parker in the black symbiote suit working alongside […]

Marvel’s Spider-Man 2 features Miles with web wings and Peter in symbiote suit by Lauren Forristal originally published on TechCrunch

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Technical issues crash Ron DeSantis’s presidential announcement on Twitter

Florida Governor Ron DeSantis was set to announce his run for president on a Twitter Space with Elon Musk today, but Twitter itself had other ideas. The service, which allows livestreamed group voice chats, cut out quickly after going live at 3PM PT. The audio glitched in and out, at times only played the reverb […]

Technical issues crash Ron DeSantis’s presidential announcement on Twitter by Taylor Hatmaker originally published on TechCrunch

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Snowflake acquires Neeva to bring intelligent search to its cloud data management solution

Snowflake is all about managing data in the cloud, whether as part of a structured data warehouse, or less structured data lake. Neeva, a search startup from two former Google employees, has been all about search, working on both a consumer and enterprise offering. Earlier this week, it announced that it was walking away from […]

Snowflake acquires Neeva to bring intelligent search to its cloud data management solution by Ron Miller originally published on TechCrunch

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Sony’s PS5 streaming Project Q handheld will launch this year

Project Q is real, and it’s coming soon, the company confirmed during today’s PlayStation Showcase event. Jim Ryan, the President & CEO of Sony Interactive Entertainment, confirmed the upcoming handheld’s existence. “Later this year, we will launch a dedicated device that enables you to stream any game from your PS5 console, using remote play over […]

Sony’s PS5 streaming Project Q handheld will launch this year by Brian Heater originally published on TechCrunch

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Thermal imaging startup Satellite Vu closes $15.8 million ahead of first launch

British startup Satellite Vu has raised £12.7 million ($15.8 million) to develop what it calls “the world’s thermometer”: a satellite constellation capable of monitoring thermal emissions around the world. The Series A-2 round was led by Molten Ventures, with participation from Seraphim Space, A/O Proptech, Lockheed Martin, Ridgeline Ventures, Earth Sciences Foundation, and Stellar Ventures. […]

Thermal imaging startup Satellite Vu closes $15.8 million ahead of first launch by Aria Alamalhodaei originally published on TechCrunch

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Chrome makes it easier to customize the appearance of your browser

Google Chrome is releasing a new update that makes it easier to customize and personalize your browser’s look, the company announced on Tuesday. For years, Chrome has had a “Customize Chrome” option at the bottom right of your screen, and now the company is introducing a new side panel to make the customization process easier. […] Chrome makes it easier to customize the appearance of your browser by Aisha Malik originally published on TechCrunch
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UK’s Moonfire VC raises its second fund at $115M to aim at early stage startups

It was back in the Pandemic era of 2021 that we reported on the launch of Moonfire, at the time a $60 million “Fund I” seed-stage “data-driven” VC geared around the new world of remote working and remote pitching. It’s new $115 million fund-raise (“Fund II”) plans to continue what it calls its “data-driven” approach. […]

UK’s Moonfire VC raises its second fund at $115M to aim at early stage startups by Mike Butcher originally published on TechCrunch

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Indonesia’s Skorlife gets funding to give Indonesians power over their credit scores

Skorlife, the fintech that wants to give Indonesians more transparency into their credit scores, has raised $4 million in seed funding. The round was led by Hummingbird Ventures with participation from QED Investors, and returning investors AC Ventures and Saison Capital. The startup’s last funding round was $2.2 million in pre-seed funding announced in September. […]

Indonesia’s Skorlife gets funding to give Indonesians power over their credit scores by Catherine Shu originally published on TechCrunch

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OpenFin’s attack on the ‘toggle tax’ in financial apps secures it a $35M Series D round

Not unlike a post-Internet-era Bloomberg Terminal, OpenFin was a startup which joined the revolutionary world of user interfaces to fast-moving information, back in 2010. If you cast your mind back, those old interfaces were not good, to put it mildly. Think what it was like ordering a cab 15 years ago? Any app that made […]

OpenFin’s attack on the ‘toggle tax’ in financial apps secures it a $35M Series D round by Mike Butcher originally published on TechCrunch

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Reliance’s Zivame customers say their accounts were hacked

Some customers of Zivame, an Indian online women’s intimate apparel store owned by Reliance Retail, have complained that their accounts were hacked, leading to the exposure of their personal information, including their full names, phone numbers and email addresses. Over the past few weeks, alleged data from Zivame has been sold by hackers on multiple […]

Reliance’s Zivame customers say their accounts were hacked by Jagmeet Singh originally published on TechCrunch

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California urges EPA to approve ban on new gas-powered car sales by 2035

California is urging the Biden administration to grant approval for its proposal that mandates all new vehicles sold within the state by 2035 to be exclusively electric, hydrogen-powered or plug-in electric hybrids (PHEVs), according to a letter seen and reported on by Reuters. The California Air Resources Board (CARB) approved the plan in August, but […]

California urges EPA to approve ban on new gas-powered car sales by 2035 by Rebecca Bellan originally published on TechCrunch

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Apptronik readies its humanoid robot for a summer unveil

Jeff Cardenas pulls out his MacBook. Apptronik’s co-founder and CEO has a slideshow he wants to show, running down the Austin startup’s seven-year history. It does, indeed, take a bit of contextualizing. Like many fellow robotics firms, the company was fueled by government contracts in its earliest days. First up was Valkyrie 2, the second […]

Apptronik readies its humanoid robot for a summer unveil by Brian Heater originally published on TechCrunch

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Ford to keep AM radio in cars after pressure from lawmakers

Ford has reversed its decision to build new vehicles without AM radio after pressure from lawmakers. CEO Jim Farley wrote in posts on Twitter and LinkedIn Tuesday that AM radio will be included on all 2024 Ford and Lincoln Motor vehicles, a decision the executive came to “after speaking with policy leaders about the importance […]

Ford to keep AM radio in cars after pressure from lawmakers by Rebecca Bellan originally published on TechCrunch

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Ford tries zagging in the EV arms race

Ford CEO Jim Farley called it a “personal bullet train.” Doug Field, the automaker’s chief advanced product development and technology officer, described it as “groundbreaking.” Ford’s next-generation full-sized SUV EV might turn out to be both — if the automaker’s claimed advances in physics and energy loss translate into the real world. Ford’s next-generation EV […]

Ford tries zagging in the EV arms race by Kirsten Korosec originally published on TechCrunch

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Chrome makes it easier to customize the appearance of your browser

Google Chrome is releasing a new update that makes it easier to customize and personalize your browser’s look, the company announced on Tuesday. For years, Chrome has had a “Customize Chrome” option at the bottom right of your screen, and now the company is introducing a new side panel to make the customization process easier. […]

Chrome makes it easier to customize the appearance of your browser by Aisha Malik originally published on TechCrunch

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TikTok sues Montana over its controversial new law banning the app

Last week, Montana Governor Greg Gianforte signed a law that banned TikTok in the state. Now the company is hitting back with a lawsuit that aims to keep the app available to Montanans. In the complaint, TikTok argues that Montana’s ban violates the Constitution by limiting the company’s right to host and distribute user-created content. […] TikTok sues Montana over its controversial new law banning the app by Taylor Hatmaker originally published on TechCrunch
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Dyson upgrades its vacuums and air purifiers

When someone asks for a tech recommendation, we almost invariably answer with one question: what’s your budget? It’s as true with vacuums as anything else. You can get a pretty good one for not a lot of money. That’s the best option for most people. But those people are not Dyson people. The Dyson vacuum […]

Dyson upgrades its vacuums and air purifiers by Brian Heater originally published on TechCrunch

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Reliance JioMart to cut 11,000 jobs, report says

JioMart, Reliance Retail’s online shopping platform, has laid off over 1,000 employees and plans to cut as many as 9,900 more roles over the coming weeks, according to a report, as the Indian retail giant looks to improve its margins. The shakeup, reported by the Indian daily Economic Times, comes in the wake of JioMart’s […]

Reliance JioMart to cut 11,000 jobs, report says by Manish Singh originally published on TechCrunch

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Daylight, the LGBTQ+ neobank, calls it quits

Daylight, an LGBTQ+ banking platform, is shutting down. Its operations will cease on June 30, according to embattled co-founder and CEO Rob Curtis.  The announcement comes months after NY Magazine published an explosive feature on the neobank. The article honed in on Daylight, whose seed and Series A fundraises TechCrunch had covered here and here, […]

Daylight, the LGBTQ+ neobank, calls it quits by Mary Ann Azevedo originally published on TechCrunch

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Anthemis targets $200M for new fund after layoffs and canceled SPAC

Anthemis Group is trying to raise $200 million for a third fund, according to an SEC filing, as first reported by Axios. It has been in the market since last year and has so far secured commitments of just $36.4 million. The firm separately had to scrap plans to raise a SPAC late last month.  […]

Anthemis targets $200M for new fund after layoffs and canceled SPAC by Mary Ann Azevedo originally published on TechCrunch

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Going for a walk with Shift’s Moonwalker electric shoe-skates

Perhaps I shouldn’t have been surprised to see someone skate-walking down the halls of Detroit’s Huntington Place convention center. Don’t get me wrong, there’s plenty of interesting stuff happening at Automate today, but it simply never occurred to me that $1,400 footwear was a possibility. For the record, that person was Abe Pleta, the lead […]

Going for a walk with Shift’s Moonwalker electric shoe-skates by Brian Heater originally published on TechCrunch

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Max Q: Double the fun

In this issue: Blue Origin lands major NASA contract; news from SpaceX; and more!

Max Q: Double the fun by Aria Alamalhodaei originally published on TechCrunch

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Fake Pentagon attack hoax shows perils of Twitter’s paid verification

Surprising literally no one, the combination of paid blue checks and generative AI makes it all too easy to spread misinformation. On Monday morning, a seemingly AI-generated image of an explosion at the Pentagon circulated around the internet, even though the event didn’t actually happen. Within about half an hour, the image appeared on a […]

Fake Pentagon attack hoax shows perils of Twitter’s paid verification by Amanda Silberling originally published on TechCrunch

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TikTok sues Montana over a controversial new law banning the app in the state

Last week, Montana governor Greg Gianforte signed a law that banned TikTok in the state. Now the company is hitting back with a lawsuit that aims to keep the app available to Montanans. In the complaint, TikTok argues that Montana’s ban violates the Constitution by limiting the company’s right to host and distribute user-created content. […]

TikTok sues Montana over a controversial new law banning the app in the state by Taylor Hatmaker originally published on TechCrunch

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SkyFi lets you order up fresh satellite imagery in real time with a click

Commercial Earth observation companies collect an unprecedented volume of images and data every single day, but purchasing even a single satellite image can be cumbersome and time-intensive. SkyFi, a two-year old startup, is looking to change that with an app and API that makes ordering a satellite image as easy as a click of a […]

SkyFi lets you order up fresh satellite imagery in real time with a click by Aria Alamalhodaei originally published on TechCrunch

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‘Ted Lasso’ and other Apple TV+ merch could arrive in the Apple Store, report says

The Apple Store could be expanding beyond tech products. As the company continues to invest in its original Apple TV+ content, a recent Bloomberg report indicates that Apple plans to introduce a new product category for its online store– merchandise tied to its popular TV shows. This includes “Ted Lasso” merch, which is rounding out […]

‘Ted Lasso’ and other Apple TV+ merch could arrive in the Apple Store, report says by Lauren Forristal originally published on TechCrunch

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Australian clean-tech Endua fixes renewable energy’s intermittency problem

One major problem with renewable energy sources like wind, solar and hydro is intermittency. This means they cannot be relied on constantly since, for example, the sun might stop shining or it might be a still, windless day. To fill gaps, users often rely on diesel generators or batteries. But diesel generators produce emissions and […]

Australian clean-tech Endua fixes renewable energy’s intermittency problem by Catherine Shu originally published on TechCrunch

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Tiger Global backs Indian industrial IoT startup Infinite Uptime in $18.8M funding round

Infinite Uptime, an Indian industrial IoT startup that offers predictive maintenance solutions for machinery, has secured an additional $18.85 million as part of an ongoing funding round led by Tiger Global at a valuation of $60 million post-money. The Series B3 round also saw participation from other existing investors including Mayfield, GSR Ventures, VenturEast and […]

Tiger Global backs Indian industrial IoT startup Infinite Uptime in $18.8M funding round by Jagmeet Singh originally published on TechCrunch

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Unlocking the trillion-dollar female economy

Women should no longer be thought of as a niche. In fact, they’re one of the most significant growth markets we’ve ever seen. Unlocking the trillion-dollar female economy by Walter Thompson originally published on TechCrunch
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PhonePe expands new funding to $850 million

General Atlantic has poured another $100 million into PhonePe, four months after leading a $350 million investment in the Indian fintech startup that has so far raised $850 million in an ongoing financing round at the height of the slowing global economy. Walmart-backed PhonePe disclosed the investment in a statement on Monday. The ongoing round […]

PhonePe expands new funding to $850 million by Manish Singh originally published on TechCrunch

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China bans Micron chips in key infrastructure over ‘national security’ risks

China has banned some sales of Micron products after launching a probe into the American memory chip giant for cybersecurity risks in early April. The decision is widely seen as part of the tic-for-tac in the ongoing U.S.-China economic competition, which has started to upend a deeply intertwined global tech supply chain. Last year, the […]

China bans Micron chips in key infrastructure over ‘national security’ risks by Rita Liao originally published on TechCrunch

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Patient21, a digital healthcare startup with brick-and-mortar clinics, raises $108M to grow beyond Germany

Patient21, a four-year-old German startup that combines a digital healthcare platform with real-world brick-and-mortar clinics, has raised €100 million ($108 million) in a Series C round of funding led by Israeli VC firm Pitango, constituting a mix of equity and debt. Founded out of Berlin in 2019, Patient21’s platform spans pretty much the whole patient […]

Patient21, a digital healthcare startup with brick-and-mortar clinics, raises $108M to grow beyond Germany by Paul Sawers originally published on TechCrunch

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A Tesla co-founder returns, TuSimple restructures again and Uber’s stickiness strategy

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. It was another busy week in the transportation world and no surprise, Tesla was one of the headliners. The company held its annual shareholder meeting and as per ushe, CEO […]

A Tesla co-founder returns, TuSimple restructures again and Uber’s stickiness strategy by Kirsten Korosec originally published on TechCrunch

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This fintech segment saw a flurry of fundraises

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, we’ll take a look at the hottest fintech news of the previous week. […]

This fintech segment saw a flurry of fundraises by Christine Hall originally published on TechCrunch

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Google challenger Neeva gives up on consumer search, goes all in on AI and the enterprise

Challenger search engine Neeva is no more, in its current guise at least, as the Mountain View, California-based company revealed that it’s winding down its consumer business. Founders Sridhar Ramaswamy and Vivek Raghunathan wrote in a blog post yesterday that they had faced significant challenges attracting new users which, combined with the difficult economic environment that […]

Google challenger Neeva gives up on consumer search, goes all in on AI and the enterprise by Paul Sawers originally published on TechCrunch

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Unlocking the trillion-dollar female economy

Women should no longer be thought of as a niche. In fact, they’re one of the most significant growth markets we’ve ever seen.

Unlocking the trillion-dollar female economy by Walter Thompson originally published on TechCrunch

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Chainlink co-founder wants web3 to provide cryptographic guarantees to the world

This week's podcast was with Sergey Nazarov, co-founder of Chainlink, a protocol that provides an oracle network to power smart contracts. Chainlink co-founder wants web3 to provide cryptographic guarantees to the world by Jacquelyn Melinek originally published on TechCrunch
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A young billionaire buys Forbes, a startup offers free TVs and ChatGPT goes mobile

Hey, folks. You’ve made it to the end of the week — congrats, by the way — and to Week in Review (WiR), TechCrunch’s regular newsletter covering the week that was in tech. Here, in this humble little column of ours, we do our best to curate the top stories that emerged over the past […]

A young billionaire buys Forbes, a startup offers free TVs and ChatGPT goes mobile by Kyle Wiggers originally published on TechCrunch

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Deal Dive: Gradiant is the new kind of unicorn worth getting excited about

The 10-year old company that's been grinding away in a tough industry offers a lot of hints of what the unicorns of 2023 will look like.

Deal Dive: Gradiant is the new kind of unicorn worth getting excited about by Rebecca Szkutak originally published on TechCrunch

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Chainlink co-founder wants web3 to provide cryptographic guarantees to the world

This week's podcast was with Sergey Nazarov, co-founder of Chainlink, a protocol that provides an oracle network to power smart contracts.

Chainlink co-founder wants web3 to provide cryptographic guarantees to the world by Jacquelyn Melinek originally published on TechCrunch

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TechCrunch+ roundup: Venture debt VC survey, PLG boosting tactics, bootstrapping to $40M ARR

ARR has always been a key metric, but with valuations down across the board and new money too tight to mention, it’s now a lodestar. TechCrunch+ roundup: Venture debt VC survey, PLG boosting tactics, bootstrapping to $40M ARR by Walter Thompson originally published on TechCrunch
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This episode is just an excuse to talk about Zelda and other TC news

We don’t spend a lot of time taking a deep-dive into the consumer experience of gaming. But one of the biggest stories in tech this week is the much-anticipated release of Zelda: Tears of the Kingdom for the Nintendo Switch. So I’m joined by Taylor Hatmaker to have a mostly spoiler-free conversation about what Link is […]

This episode is just an excuse to talk about Zelda and other TC news by Darrell Etherington originally published on TechCrunch

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Procedural justice can address generative AI’s trust/legitimacy problem

Companies building AI platforms can engage society in the process and earn — not demand — trust and legitimacy.

Procedural justice can address generative AI’s trust/legitimacy problem by Walter Thompson originally published on TechCrunch

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Magic Leap’s CEO will discuss the future of AR at Disrupt’s hardware stage

In late 2020, Peggy Johnson took the reins as CEO and led Magic Leap’s pivot away from a consumer audience — those less able to swing $2,300 for a mixed-reality headset — to the deeper pockets of the enterprise market. We’re excited to have Johnson join us for a fireside chat on the Hardware Stage […]

Magic Leap’s CEO will discuss the future of AR at Disrupt’s hardware stage by Lauren Simonds originally published on TechCrunch

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Google’s podcast search results can now open shows directly in Apple Podcasts

Google has made it easier to stream from Apple Podcasts and others when searching for podcasts in Google Search. After earlier this year winding down a feature that let users play podcasts directly from search results, the company said it would “gradually” shift to a new design that would instead offer information about podcasts and […] Google’s podcast search results can now open shows directly in Apple Podcasts by Sarah Perez originally published on TechCrunch
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Gary Marcus is happy to help regulate AI on behalf of the U.S. government

On Tuesday of this week, neuroscientist, founder and author Gary Marcus sat between OpenAI CEO Sam Altman and Christina Montgomery, who is IBM’s chief privacy trust officer, as all three testified before the Senate Judiciary Committee for over three hours. The senators were largely focused on Altman because he runs one of the most powerful […]

Gary Marcus is happy to help regulate AI on behalf of the U.S. government by Connie Loizos originally published on TechCrunch

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Krafton to relaunch BGMI mobile game in India, a year after ban

South Korean giant Krafton said on Friday that it has secured the approval from the Indian authorities to resume operations of Battlegrounds Mobile India. It plans to make the title available for download in the South Asian market “soon.” The move follows New Delhi blocking the game last year, less than two years after banning […]

Krafton to relaunch BGMI mobile game in India, a year after ban by Manish Singh originally published on TechCrunch

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Apple releases iOS 16.5 with a new sports tab in Apple News

Apple released iOS 16.5 Thursday to all users with a new sports tab in the Apple News app. The tab acts as a hub for scores, match schedules, and articles for your favorite sports teams. The company said that tapping on My Sports score and schedule cards will redirect you to that specific game’s page […]

Apple releases iOS 16.5 with a new sports tab in Apple News by Ivan Mehta originally published on TechCrunch

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Big sauce wants your condiment data

As tech conglomerates and moneyed men call for AI dealers to pump their breaks, I believe another emergent technology, Heinz Remix, warrants close examination. At first, Heinz Remix simply appears to be a mix-n-match soda dispenser — for sauce. Yet, a great deal more is going on beneath the surface. This is about responsibility, in […]

Big sauce wants your condiment data by Harri Weber originally published on TechCrunch

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Bird stock dips 11% on news of reverse stock split

Shared micromobility company Bird’s share price fell 10.8%, or about two cents, in after-hours trading after the company said it would issue a reverse stock split. The move is Bird’s attempt to get back into compliance with the New York Stock Exchange after it received a delisting notice for trading too low. The news comes […]

Bird stock dips 11% on news of reverse stock split by Rebecca Bellan originally published on TechCrunch

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Okay, but how about a Raspberry Pi device with a BlackBerry keyboard designed for Beeper?

One thing you can definitely say about Eric Migicovsky: he seems to be having a lot of fun. The Pebble founder left a three-year stint as a partner at Y Combinator to co-found the chat aggregation app Beeper. During that time, he’s been dipping back into his hardware roots. Back in 2017, he launched a […]

Okay, but how about a Raspberry Pi device with a BlackBerry keyboard designed for Beeper? by Brian Heater originally published on TechCrunch

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Turns out Ledger can hold some of your crypto wallet’s keys, if you agree to it

Ledger, one of the biggest crypto wallet providers, has launched a new feature called Ledger Recover, and not everyone is happy about it.

Turns out Ledger can hold some of your crypto wallet’s keys, if you agree to it by Jacquelyn Melinek originally published on TechCrunch

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Where remote driving startup Phantom Auto has found new funding and customers

Before the COVID pandemic put pressure on an already squeezed transportation and logistics industry, Phantom Auto’s remote driving systems were viewed as an interesting, not essential, piece of technology. “It went from a cool to have, to have-to-have,” co-founder Elliot Katz told TechCrunch, adding that companies were particularly keen to apply the remote driving technology […]

Where remote driving startup Phantom Auto has found new funding and customers by Kirsten Korosec originally published on TechCrunch

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Your first look at Alliance DAO’s latest cohort of web3 startups

The crypto industry continues to face myriad headwinds, but there’s no shortage of startups and founders diving into the space. Alliance DAO, a web3 accelerator and builder community, had its most recent cohort, also known as ALL10, present their ideas on Wednesday during a demo day, exclusively covered by TechCrunch. Check out the previous Alliance […] Your first look at Alliance DAO’s latest cohort of web3 startups by Jacquelyn Melinek originally published on TechCrunch
http://dlvr.it/SpCrNh

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AWS to invest $12.7 billion in India

Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday, as it pushes ahead to scale up its AWS business in the key overseas market at a time when it has cut several other spendings in the region. The company, which has earlier invested $3.7 billion […]

AWS to invest $12.7 billion in India by Manish Singh originally published on TechCrunch

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Elon Musk used to say he put $100M in OpenAI, but now it’s $50M: Here are the receipts

It’s no secret that Elon Musk has been deeply frustrated with OpenAI since stepping down from its board in February 2018, culminating in an open letter calling for the organization to pause work on more powerful systems. “It does seem weird that something can be a nonprofit, open source, and somehow transform itself into a […]

Elon Musk used to say he put $100M in OpenAI, but now it’s $50M: Here are the receipts by Kirsten Korosec originally published on TechCrunch

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Montana just banned TikTok

Montana Governor Greg Gianforte just signed the nation’s strongest restrictions on Chinese-owned social media app TikTok into law. TikTok has faced mounting pressure in the U.S. from Congress and state legislatures alike in recent months, but Montana’s actions escalate those threats considerably, even if the issue of enforcement remains an open question. To protect Montanans’ […]

Montana just banned TikTok by Taylor Hatmaker originally published on TechCrunch

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Netflix touts successful ad tier with nearly 5M monthly active users

During Netflix’s first Upfront presentation on Wednesday, Netflix revealed that its ad plan has nearly five million global monthly active users. This is the first time the company has disclosed figures for the new tier — which only launched six months ago — and the number is certainly notable. In March, Bloomberg reported that one million […]

Netflix touts successful ad tier with nearly 5M monthly active users by Lauren Forristal originally published on TechCrunch

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Zelda: Tears of the Kingdom early impressions – a feast fit for a short king

The Legend of Zelda: Tears of the Kingdom has only been out in the wild for a few days at this point, marking a mere sliver of the time players will spend unfolding Hyrule’s fresh secrets in the coming months — and years, if Breath of the Wild is any indication. For anyone avoiding full-game […]

Zelda: Tears of the Kingdom early impressions – a feast fit for a short king by Taylor Hatmaker originally published on TechCrunch

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Your first look at Alliance DAO’s latest cohort of web3 startups

The crypto industry continues to face myriad headwinds, but there’s no shortage of startups and founders diving into the space. Alliance DAO, a web3 accelerator and builder community, had its most recent cohort, also known as ALL10, present their ideas on Wednesday during a demo day, exclusively covered by TechCrunch. Check out the previous Alliance […]

Your first look at Alliance DAO’s latest cohort of web3 startups by Jacquelyn Melinek originally published on TechCrunch

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Tesla shareholders elect former CTO, co-founder JB Straubel to board

JB Straubel is officially back at Tesla — this time as a board member. The former Tesla CTO and co-founder was elected by shareholders Tuesday as an independent board of director. A crowd of Tesla shareholders, who were at the company’s Gigafactory Texas in Austin for the event, cheered when the initial results were read […] Tesla shareholders elect former CTO, co-founder JB Straubel to board by Kirsten Korosec originally published on TechCrunch
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Singapore’s Ora takes a vertically-integrated approach to telehealth

According to the founder of Singapore-based telehealth platform Ora, 90% of its patients are less than 39 years old and have not been treated for their conditions offline. That puts the onus on Ora to make sure its patients, mostly millennials who live in cities, have a good experience. Ora wants to perform with verticals […]

Singapore’s Ora takes a vertically-integrated approach to telehealth by Catherine Shu originally published on TechCrunch

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Tesla shareholders meeting: no succession plan, a co-founder returns and two EVs teased

Tesla held its annual shareholder meeting in Austin on Tuesday, an event that Tesla has now taken to calling its Cyber Roundup. There were five proposals on the agenda, including one that pushed Tesla’s board to come up with a public succession plan for CEO Elon Musk and other “key persons” whose behavior and loss […]

Tesla shareholders meeting: no succession plan, a co-founder returns and two EVs teased by Rebecca Bellan originally published on TechCrunch

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