When Google had its unpleasant realization that it had been complacently spinning its wheels on a form of fake AI for a decade, chances are it started re-aligning itself that day. And it sounds like Assistant itself is now getting a generative facelift, according to an internal email reported by Axios. The email says that […]
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Disney+ released today the first teaser trailer for the second season of Marvel Studios’ “Loki,” starring Tom Hiddleston as the “God of Mischief.” Following the events of the first season finale, when Loki is trapped in an alternate reality and separated from Sylvie (played by Sophia DiMartino), Season 2 sees Loki unwillingly time-slipping through the […]
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As we approach the middle of the third quarter, we take a look at how last year's spending predictions have panned out to this point.
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Travel is back on the agenda after a Covid-19 hiatus, and today a mobile startup is announcing a healthy round of funding to capitalize on that. Airalo — which uses software-based eSIM connectivity to provide a wide range of lower-cost mobile data packages, nearly 700 in all, for international travellers — has raised $60 million […]
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Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in a month and by more than 50% since the original investment in the latest brutal markdown across private markets. The U.S. asset manager valued its holding in Gupshup at $8.08 million at the end of June, down from $10.15 […]
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Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. The transaction took place in recent days and Tiger Global, which has cashed most of its Flipkart shares earlier, overall made a return of $3.5 billion on an […]
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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. 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 […]
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Several Black media publishing founders and investors said that raising funds for a publishing startup was already very hard, and those who raise tend to be the elite within the elite.
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Seven major automakers are working on a new EV charging network. It looks promising, but there are plenty of reasons to remain skeptical.
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In this week’s edition of The Interchange, we get into M&As in the fintech space as AngelList nabbed a startup and Uplift got bought for less than it raised in venture funding. We get into those deals and much more. Want to receive this in your inbox every Sunday? Sign up here. Shopify’s credit bet, […]
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If you’re adventurous with your food, or just like to keep up with the fast-moving food tech industry, here’s a roundup of this week’s stories and some notable news we weren’t able to cover. Supply Change Capital The venture capital fund madness we’ve seen all year has made its way to the food sector. This […]
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Hey, friends, welcome to Week in Review (WiR), TechCrunch’s roundup of the week in tech news. Life getting in the way of your daily TechCrunch habit? Not to worry. WiR will get you caught up in no time. This week, WiR covers the improving quality of AI porn generators and the ethical dilemmas they raise; […]
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It's encouraging to think that multiple startups will find ways to leverage AI and other fields to accelerate drug discovery and improve patient outcome.
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“Founders first” is the TechCrunch credo — this is the way — and you’ll find the very best and brightest minds in the startup ecosystem gathered at TechCrunch Disrupt 2023, taking place September 19–21 in San Francisco. This year, our programming spans nine stages, seven industries and dozens of breakout sessions and roundtable discussions (for […]
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The startup is building a machine, VitalOne, that can perform more than 50 blood tests and get patient results back in 20 minutes.
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While SAFEs are generally considered founder friendly, when you get into the details it's less clear why they would be over priced rounds.
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Apple for years has made user privacy a focus for its App Store with rules around data collection, plus requirements around app labeling, anti-tracking measures, and the more private “Sign in with Apple” option. Now, Apple will begin to require that developers explain why they need access to select data, under some circumstances, with a […]
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PODCAST VO SCRIPT, [unpublished] Haje: The dark web is a lot of things; particularly user-friendly ain’t one of them. The other day, I got an amazing tip about ‘Dark Web Gift Shop,’ which tries to at least give you a little bit of a reward for your struggles. Haje: The founders say that: [AI generated voice]: […]
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Bluesky, one of the many would-be Twitter replacements now on the market, is making a notable change to how users discover new content on its network. Previously, the Bluesky app would feature popular posts in a feed it called the “What’s Hot” feed — something that its users aspired to find a place on, as […]
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Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, and we’re talking about the week’s biggest startup and tech news, with a little bit of fun sprinkled in. We had […]
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Welcome back to Chain Reaction, a podcast that unpacks and dives deep into the latest trends, drama and news in crypto with some of the biggest names in the industry to break things down block by block for the crypto curious. For this week’s episode, Jacquelyn interviewed Deana Burke and Natasha Hoskins, the co-founders of […]
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A few weeks ago, Uncork Capital shared the news that it recently closed on $400 million in capital commitments across two new funds: $200 million for a seed-stage vehicle and another $200 million for an opportunity-style fund that mostly aims to support startups that are already part of its portfolio. The funds represent twice what […]
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The major news from China’s auto industry this week is Volkswagen’s $700 million investment in the country’s electric vehicle startup, Xpeng. This partnership has the potential to set a precedent for Western automakers seeking to leverage Chinese firms for their EV expertise, while their Chinese counterparts can benefit from their foreign allies’ global distribution. The […]
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New research published Thursday offers an unprecedented dive into political behavior across Facebook and Instagram — two major online hubs where people express and engage with their political beliefs. The studies, published by an interdisciplinary set of researchers working in tandem with internal groups at Meta, encompasses four papers published in Science and Nature examining […]
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U.S. and Australian government cybersecurity agencies are warning that common and easily exploitable security vulnerabilities in websites and web apps can be abused to carry out large-scale data breaches. In a joint advisory published Thursday, U.S. cybersecurity agency CISA, the National Security Agency and the Australian Cyber Security Centre said that the vulnerabilities, known as […]
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Bluesky, which has been embattled with moderation issues since its launch earlier this year, appeared to apologize for failing to protect Black users and other marginalized groups on the platform. In emails responding to users who sent feedback regarding the platform’s failure to moderate racist content, Bluesky’s customer support outlined steps to address user concerns. […]
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Many projects and companies would simply give up if they’d been hacked and had hundreds of millions stolen from their ecosystem partners, but it appears Wormhole isn’t one of them.
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Open source decentralized social network Mastodon, one of the many Twitter, er X, competitors now on the market, has historically been averse to the typical means of monetization other social networks employ, like advertising. Instead, the company has primarily funded itself via Patreon, according to its founder and CEO Eugen Rochko. Now, that’s changing as […]
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Helpful's app brings insurance benefits, medical records and caregiving resources into one place.
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Twitter updated its Android app today by replacing the iconic bird logo with its new X logo — the latest step in its ongoing rebranding efforts. The company also updated its app listing on the Google Play Store to reflect the new branding with screenshots of the app with black backgrounds and the X logo. […]
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FarmWorks, a Kenyan agtech that provides farmers with access to farm inputs, and market for their produce, has raised $4.1 million in a pre-Series A round led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, a number of family offices, and angel investors also participated in the round that brought […]
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Looking to ride the tracks of increasing demand for longer distance train travel that’s being fuelled by climate-concerned consumers seeking to shrink the environmental impact of their trips, tree-planting search engine Ecosia and multimodal travel booking platform Omio have partnered to launch what they’re billing as a “tree-planting rail travel booking tool”. The idea is […]
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Business is regularly won and lost on the strength of a proposal. Now, a startup out of London called AutogenAI has built a tool based on generative AI that it claims can help businesses write stronger pitches to improve that strike rate, and it has won some money of its own: $22.3 million from Blossom […]
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Facebook has over 3 billion monthly active users, according to Meta’s latest quarterly report. That’s quite the staggering number. Even though Facebook has declined in popularity among younger people, the platform is far from dead. Across Meta’s entire family of apps — which includes WhatsApp, Instagram, Messenger and now Threads — there were 3.88 billion […]
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Yet another virtual tabletop (VTT) tool has joined the fray, giving Dungeons & Dragons, Pathfinder and tabletop role-playing gamers alike a new augmented reality experience. Mirrorscape, a mixed reality and gaming development company, announced the open beta launch of its app, letting users experience their favorite tabletop role-playing games (TTRPGs) in AR. The new VTT […]
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Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show where we sit down with a guest, think about their work and unpack the rest. This week, we had Washington […]
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When Graft launched its AI development platform in beta last year, it was looking to build something that put AI within reach of every company, not just the largest ones with tons of engineering resources. Today, the company announced a $10 million seed investment. While it was at it, the startup announced that it’s inviting […]
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Walmart+, the U.S. retailer’s Prime competitor, is adding travel benefits to its list of perks. The company has announced that members can book getaways through WalmartPlusTravel.com and get Walmart Cash. Walmart+ members will receive 5% Walmart Cash on hotels, vacation rentals, car rentals and activities bookings, 2% Walmart Cash on all flights and a blended rate of […]
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As part of the ongoing rebranding, Twitter has changed its official handle to @X. Other official handles related to the company have either let go of the “Twitter” moniker or replaced it with X. TechCrunch previously reported that the social network hadn’t reached out to the original owner of the @X handle — Gene X Hwang of […]
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Google said today that more than 2 billion logged-in monthly users are watching YouTube Shorts, giving it an edge over competitors like TikTok and Instagram Reels. This number is up from 1.5 billion monthly logged-in users for YouTube Shorts announced last year. During its Q2 2023 results, Google also said that YouTube brought in $7.67 […]
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Leaders from the AI research world appeared before the Senate Judiciary Committee to discuss and answer questions about the nascent technology. Their broadly unanimous opinions generally fell into two categories: we need to act soon, but with a light touch — risking AI abuse if we don’t move forward, or a hamstrung industry if we […]
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Goodwater, one of comparatively few firms to focus exclusively on consumer tech investments, has closed on $1 billion in capital commitments across its fifth early-stage fund and its third opportunity-style fund, TechCrunch is first to report. The bulk of the capital — 60% — will be invested in early- and seed-stage outfits. The Burlingame, Calif., […]
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Main Sequence, an Australian venture capital firm, said Wednesday it has raised the $450 million AUD (approximately $303 million) first close of its third fund. The venture capital firm, founded by Australia’s national science agency CSIRO (Commonwealth Scientific and Industrial Research Organisation), has secured funding from new limited partners, including LGT Crestone, NGS Super, Daiwa Securities […]
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As the role of the fund-of-funds model changes, this new version could prove to be the perfect vehicle to help diverse and emerging fund managers.
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As organizations grow, it becomes harder to understand what’s happening operationally across departments inside a company. We tend to use meetings to try and figure out what others are doing, which isn’t terribly efficient. Akooda is an early stage startup trying to help solve that problem by using AI to analyze the company’s internal software […]
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While the world is captivated by the drama of Twitter rebranding to X, rival social network Instagram is currently down for many users. People complained that they have been getting errors such as “Couldn’t refresh the feed.” me leaving instagram when i see “couldn’t refresh feed” #InstagramDown pic.twitter.com/mltOQGp7s8 — AJ🇲🇽 (@ChivasCum) July 25, 2023 everyone […]
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A class-action damages claim is being brought against Apple on behalf of UK-based developers. The suit, which is seeking a compensation payout that could be as high as £800 million (over $1BN), accuses the tech giant of abusing a dominant position by charging an “anticompetitive” 30% fee on in-app sales made by app makers on […]
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Actually, no, I couldn’t even come up with a halfhearted contrarian take. It’s trash. Twitter has officially changed its logo to ‘X’
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In this issue: A closer look at Umbra; news from Rocket Lab, Astranis and more.
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As Twitter ditches its iconic branding in favor of owner Elon Musk’s favorite letter “X,” its open source rival Mastodon is seeing usage numbers soar. According to a new post from Mastodon founder and CEO Eugen Rochko, the number of monthly active users for his Twitter alternative has been steadily climbing over the past couple […]
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Elon Musk is the best thing that could have ever happened to Mark Zuckerberg. As Musk begins to change Twitter’s branding to X, Facebook’s rebrand to Meta doesn’t seem all that bad. Zuckerberg might be good at lifting weights these days, but he still needs to pull Meta out from a seriously rough few years. […]
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Impulse Space, the space logistics startup headed by founding SpaceX employee Tom Mueller, has closed a new tranche of funding to further develop its line of orbital transportation vehicles. The oversubscribed $45 million Series A was led by RTX Ventures, the venture capital arm of RTX (formerly Raytheon Technologies), and included participation from existing investors […]
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Remote working and digital nomads became two very prominent aspects of the world of work during the pandemic, shedding a light on the millions of people who live in one country but earn money in another. Now, a startup that is building financial services catering to that demographic is announcing some growth funding to expand […]
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Thousands of companies could be at risk from an actively exploited Citrix zero-day that hackers have already abused to target at least one critical infrastructure organization in the United States. Citrix last week sounded the alarm about the critical-rated flaw, tracked as CVE-2023-3519 with a severity rating of 9.8 out of 10, which impacts NetScaler […]
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As Europe grapples with cannabis legalization, what can it learn from the US' journey?
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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. Your usual host Kirsten Korosec is still away, so you have me for one more week. Let’s jump in. U.S. policymakers and agencies are looking for ways to regulate […]
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Elon Musk has been calling his Twitter acquisition X Corp basically since he bought it, and that is its official legal entity name already, but now it could be the customer-facing brand for the bird app, too. Or soon-to-be-former-bird-app, actually. Musk tweeted late Saturday night that he’d replace the Twitter bitter logo with an ‘X’ […]
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DPReview and Gear Patrol are different boats, rowing in the same direction toward better products and product knowledge for enthusiasts.
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Welcome to The Interchange! If you want this in your inbox, sign up here. It was an event-filled week in the fintech world, what with FedNow launching, the former CEO of fintech Bolt — and the company itself — being subpoenaed by the U.S Securities and Exchange Commission and much more. Let’s drill down here. It’s […]
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Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular roundup of the past week in tech. Too busy to check the headlines this week? Don’t sweat it. That’s why WiR exists — we’ll get you caught up to speed. This edition of WiR features pieces about a fake AI-generated “South Park” episode; the surging […]
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Large companies with over 5,000 developers struggle with API sprawl, according to a recent Postman survey.
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Futureverse is making tools that brands can use to build content for the metaverse, but not the one that Meta is envisioning.
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Before we dive into this week’s biggest news within the robotics space, there’s an announcement of our own to highlight. We’ll be hosting a number of robotics industry experts at our very first Hardware Stage at TechCrunch Disrupt 2023. The stage kicks off on day three of Disrupt on September 21, and features speakers from […]
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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 recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. This week in AI, we saw OpenAI, Anthropic, Google, Inflection, […]
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The developers of the popular iPhone app Camera+, LateNiteSoft, have launched a new iOS app called Photon. This new app is focused on pro image shooting. The developers are banking on the app’s simple interface and multi-format support to attract users. The app will let you shoot in auto mode from the get-go, but it […]
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IBM reported earnings this week, which weren't exactly stellar, but without Red Hat's revenue, it could have been far worse.
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Despite current culture wars turning diversity, equity and inclusion (DEI) policies into a political punching bag, most business leaders understand that they’re very good for business. Yet in a more conservative VC market, the discussions focus more on financials than on how to construct an intentional culture. However, younger generations are bringing updated values and […]
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Telegram is rolling out its Stories feature to Premium users, the company confirmed in a tweet on Friday. The official roll out for Premium users comes a month after Telegram CEO Pavel Durov announced that the messaging app would be adding Stories in July. It’s currently unknown when Telegram plans to launch Stories for non-Premium users. […]
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Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, when we take a look at the week’s biggest startup and tech news, and have a little fun at the same time. This week, Alex and Mary Ann […]
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As Africa’s youthful population continues to grow exponentially, it’s of the utmost importance that entrepreneurs create various healthcare solutions that will cater to the medical needs of the continent’s future. While the pandemic made investors pay attention to Africa’s private healthcare space, women’s health — a subcategory dominated by women founders that broadly addresses women’s […]
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Aurora Innovation, the self-driving technology company that aims to launch an autonomous trucking business in 2024, has completed a capital raise of $820 million from a public and concurrent private offering of its stock. The company expects the deal to close Friday. The stock sale will help fund Aurora through commercial launch at the end […]
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Swarm, the Internet-of-Things connectivity provider that was acquired by SpaceX, will no longer be selling new devices, according to an email sent to customers earlier this month. The news appears to be directly related to SpaceX’s forthcoming expansion into the satellite-to-cell market, with Swarm telling customers that it plans to offer a version of its […]
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Google fixed a zero-day in Chrome that was found by an Apple employee, according to comments in the official bug report. While the bug itself is not newsworthy, the circumstances of how this bug was found and reported to Google are, to say the least, peculiar. According to a Google employee, the bug was originally […]
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There's a discussion in tech that the idea that software companies will grow and become increasingly profitable over time is at least partially incorrect.
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Amazon might have the monopoly on physical goods sold online. But what about digital ones? There’s Steam for games and software. Shopify supports some forms of digital goods, like artwork and gig services. But three co-founders, Steven Schwartz, Cameron Zoub and Jack Sharkey, believe that there’s room for competition. Schwartz, Zoub and Sharkey are the […]
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A network of fake sellers, created with forged documents, allowed a global phone surveillance ring to operate under the radar for years.
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There are a few reasons why women don’t get as much investor interest as men, and none is surprising: extreme gender bias, starting at the pitch stage.
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Walmart+, the U.S. retailer’s Prime competitor, is introducing a new program designed to help those on government assistance take advantage of its membership benefits, like free shipping and delivery, gas discounts and access to streaming service Paramount+. The company announced this morning the launch of Walmart+ Assist, a way to purchase a Walmart+ membership at […]
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Collectly customers have, on average, been able to increase patient collections for medical group partners by 75% and reduce the “days sales outstanding” to 12 days from between 60 and 90 days.
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Netflix is bringing password-sharing crackdown to consumers in India and every other market starting today, the global streaming giant said after a limited rollout of the restriction helped the firm sign up nearly 6 million subscribers in the quarter ending June. The streaming giant said it will start to address account sharing between households in […]
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Zhipu AI, one of China’s most promising challengers to OpenAI, has received funding from the country’s food delivery giant Meituan, which has a market cap of around $100 billion at the time of writing. An affiliate of Zhipu AI recently added a Meituan subsidiary as its shareholder, which now owns a 10% stake in the […]
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Farizon, a maker of hybrid and electric trucks owned by China’s Geely, has closed a $600 million Series A raise, the company said in a statement. The Hangzhou-based company plans to use the funds to expand its operations outside of China. A key focus for Farizon’s expansion will be Europe, where the automaker plans to […]
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A recent report said that Indonesia’s electric vehicle (EV) market is projected to reach $20 billion by 2029, up from $533 million in 2022. Moreover, as much as half of the overall motorbike market in Southeast Asia could be replaced by electric two-wheelers by 2030, McKinsey associate partner Rahul Gupta said at the G20 summit last […]
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Having worked in the food industry for several years, Shirley Chen saw firsthand the challenges of managing staffing and training for restaurant expansion. So when she met her future co-founders, she saw an opportunity to leverage their expertise in chemistry and electrical and electronic engineering, along with her own food and beverage background, to start […]
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Tesla CEO Elon Musk confirmed Wednesday that the automaker is “in discussion with major OEMs about using Tesla FSD.” Tesla Full Self-Driving is the automaker’s beta advanced driving assistance system (ADAS) that can automate driving tasks on highways and urban streets. If other automakers were to adopt FSD technology, they would need to onboard both […]
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ForwardX this week announced an additional $30 million in funding, bringing the Beijing-based firm’s Series C up to $61 million. The funding follows an initial tranche announced way back in December 2021. It brings the warehouse robotics firm’s total funding up to $140 million since its 2016 launch. The last few years have been a […]
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WhatsApp has finally launched its standalone app for smartwatches running Google’s Wear OS, after much anticipation and months-long beta testing. Meta CEO Mark Zuckerberg on Wednesday announced the launch of the WhatsApp app for Wear OS that will allow users to start new conversations, reply to messages, and take VoIP calls without requiring them to […]
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Large language models (LLMs) such as OpenAI’s GPT-4 are the building blocks for an increasing number of AI applications. But some enterprises have been reluctant to adopt them, owing to their inability to access first-party and proprietary data. It’s not an easy problem to solve, necessarily — considering that sort of data tends to sit […]
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Egnyte is like the little engine that could. It just keeps chugging along with slow but steady growth as it marches towards an IPO.
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Next week, Beats will have debuted its first product 15 years ago. The headphone maker quickly established itself as a status symbol, on the strength of partnerships with musicians and sports influencers. It was a rare feat in the world of consumer electronics, where cool factor largely takes a back seat to functionality. For Beats, […]
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Microsoft and Activision have jointly agreed to extend the deadline to complete their mega merger for a further three months in order, they say, to allow time to resolve “remaining regulatory concerns”. The original deadline for Microsoft to close the $68.7BN acquisition of Activision it announced back in January 2022 was July 18 (yesterday). But the […]
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Over a year following the inaugural season of the Indian edition of Shark Tank, the seven esteemed investors made good on less than half of their investment pledges, according to a new analysis, the latest in a series of criticisms for the show. The “sharks” overall invested in only 27 of the 65 investment pledges […]
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A former administrator of the National Highway Traffic Safety Administration (NHTSA) has responded to a full-page ad taken out in several major newspapers by Cruise, General Motors’ self-driving subsidiary, that calls humans terrible drivers. The ad points to the nearly 43,000 crash fatalities in 2022 and promotes autonomous vehicles as the solution. “Using the pain […]
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Forerunner Ventures made its name in the venture world by betting on once-nascent startups like Jet, Bonobos and Glossier when it was far easier to build a digitally native brand than today. But as commerce has evolved, so has the firm. As part of that evolution, Forerunner five years ago brought aboard veteran VC Brian […]
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Basecamp, one of the widely used project management tools first released in 2004, is now available to users in India with special reduced pricing that is as low as about $4 a month. On Tuesday, 37signals co-founder and CEO Jason Fried announced the reduced pricing of Basecamp for new customers in India. The tool is […]
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The generative AI landscape grows larger by the day. Today, Meta announced a new family of AI models, Llama 2, designed to drive apps such as OpenAI’s ChatGPT, Bing Chat and other modern chatbots. Trained on a mix of publicly available data, Meta claims that Llama 2’s performance improves significantly over the previous generation of […]
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Samsung’s never been great with a secret. At some point the company leaned into the unceasing deluge of leaks by teasing out its big products ahead of launch. Since then, blog posts by mobile head TM Roh have become a tradition. The latest Unpacked event is a week away, set for the company’s backyard of […]
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Threads exploded onto the crowded scene of aspiring Twitter rivals earlier this month, but it’s still very early days for the Instagram-adjacent text-first social network. Meta released an update to the iOS version of the app on Tuesday, the second since its debut two weeks ago and the first to add any noteworthy features. According […]
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A backer of the Lensa AI app, which sent AI-generated images from Stable Diffusion rocketing into mainstream social media, has just exited a company for a substantial amount of money, say well-placed sources speaking on the condition of anonymity. CloudOne Digital has today announced its acquisition of Servers.com, a provider of ‘bare metal’ services with […]
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The ongoing strike of creatives in TV and film, plus the nascent threat of AI-based writing and effects, make it a complicated time to work in show business. But little savvy is required to see that this may be the worst possible moment to soft-launch an AI that can “write, animate, direct, voice, edit” a […]
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TikTok is launching its new subscription-only music streaming service called “TikTok Music” in Australia, Mexico and Singapore. Today’s expansion comes almost two weeks after TikTok debuted the music streaming service in Brazil and Indonesia. The streaming service lets users sync the service to their existing TikTok accounts and listen, download and share songs. The service […]
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After about two and a half years as CEO, Ami Gan is leaving OnlyFans. Chief strategy and operations officer Keily Blair will take over as CEO. “Spending nearly 3 years at OnlyFans while it echoed throughout the cultural zeitgeist, has been beyond rewarding,” Gan wrote in a Twitter thread. OnlyFans is perhaps the best-known creator […]
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The smartphone market has been in decline for the last few quarters, and that’s not surprising given global economic condition. A pair of reports from analytics firms Counterpoint and Canalys suggests that the trend is continuing, even though there are signs of recovery in the future. The reports note that buyers are still looking for […]
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Running a multi-cloud strategy where you use different cloud vendors for different workloads, helps companies avoid vendor lock-in and lets them use the best-of-breed tools across different platforms. But the downside is that programmers have to write code to make their applications work on AWS, Azure and Google Cloud. That’s because each company connects to […]
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A new court ruling will put a pause on a legal requirement that directs Apple to open up its App Store to third-party payments. Despite Apple’s win in its lengthy antitrust court battle with Fortnite maker Epic Games, the iPhone maker moved to once again appeal the court’s decision earlier this month to argue its […]
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When talking to data-driven board members, stick with what can be measured: marketing’s contribution to the near-term pipeline.
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In the crowded enterprise robotics space, the ability to secure key clients is a crucial differentiator for companies. In the case of Hong Kong-based Rice Robotics, the important order has come from SoftBank. Since January 2021, Rice’s robots, with their cute, cartoonish blinking eyes, have been delivering 7-Eleven products to Softbank staff at the company’s […]
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Bluesky’s moderation woes continue as users threaten to leave the site in protest of its failure to flag slurs in account usernames. Many users — particularly Black users — are frustrated that Bluesky hasn’t apologized for allowing racial slurs to slip through its moderation tools even though they violate the platform’s community guidelines. It’s the […]
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Peacock is delivering bad news to its subscribers tonight. Beginning at 12 a.m. ET, the streamer is notifying existing customers that it’s raising its subscription prices on August 17. The change will affect new customers immediately. This will be the first time Peacock has experienced a price hike since its launch. Users will have to […]
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Carbon removal — technology that aims to remove carbon emissions from the environment by breaking it down and turning it into something less harmful — saw a big splash of attention last year after Stripe, Shopify, Meta, Alphabet and more collectively agreed to pump $1 billion into funding removal startups. Today, a London startup called […]
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Everyone seems to be buying a mechanical keyboard company these days. Corsair has one-upped them all by buying its own mechanical keyboard company. The Fremont, California-based peripheral maker today announced that it’s acquiring “certain assets” from Drop for an undisclosed, all-cash deal. “Drop has been acquired by Corsair,” Drop CEO Jef Holove wrote in a […]
Corsair is buying mechanical keyboard maker Drop by Brian Heater originally published on TechCrunch
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Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. Here’s the rundown from this morning! Stocks are largely down around the […]
Intel backs robotics startup, Twitter loses money, and fintech shows signs of life by Alex Wilhelm originally published on TechCrunch
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Rocket Lab has made improvements to the first stage of the Electron rocket to make it more resilient to ocean water, upgrades that will be put to the test with tonight’s launch. The “Baby Come Back” mission will launch from the company’s launch complex on Māhia Peninsula, New Zealand, with a launch window that opens […]
Rocket Lab aiming to advance Electron reusability with tonight’s launch by Aria Alamalhodaei originally published on TechCrunch
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AltC's merger with Oklo and ACG Acquisition's purchase of two critical minerals are both SPACs, but they couldn't be more different.
A tale of two climate tech SPACs by Tim De Chant originally published on TechCrunch
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Microsoft still doesn’t know — or want to share — how China-backed hackers stole a key that allowed them to stealthily break into dozens of email inboxes, including those belonging to several federal government agencies. In a blog post Friday, Microsoft said it was a matter of “ongoing investigation” how the hackers obtained a Microsoft […]
Microsoft lost its keys, and the government got hacked by Zack Whittaker originally published on TechCrunch
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Fresh off its first commercial mission, Virgin Galactic will return to the skies on August 10 to take three private citizens to suborbital space and back. The crew for the mission, called Galactic 02, include 80-year-old Jon Goodwin, a former Olympian and an early Virgin Galactic ticket holder; and mother-and-daughter duo Keisha Schahaff and 18-year-old […]
Virgin Galactic gearing up for second commercial suborbital flight in August by Aria Alamalhodaei originally published on TechCrunch
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Tesla over the weekend said its first much anticipated Cybertruck came off the electric vehicle maker’s production line in Texas. The debut of the long-delayed, futuristic-looking pickup truck comes in the lead up to Tesla’s second quarter 2023 earnings call. Tesla CEO Elon Musk first introduced the Cybertruck in 2019, but vehicle production has repeatedly […]
Tesla announces first Cybertruck build ahead of Q2 earnings by Rebecca Bellan originally published on TechCrunch
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Instagram Threads’ launch has been an overnight success, topping 100 million users within days of its arrival. Now, new data indicates the app has already achieved one-fifth of the weekly active user base of Twitter worldwide and 86 times the weekly active user base of the largest Twitter rival in the U.S., Truth Social, which […]
Instagram Threads now has one-fifth the weekly active user base of Twitter by Sarah Perez originally published on TechCrunch
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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. Your usual host Kirsten Korosec is off having a glorious vacation, so I will be doing the roundup this week. As the EV revolution takes hold, one problem keeps plaguing automakers: […]
VanMoof skids off track, another mobility startup goes SPAC and e-bike batteries catch fire by Rebecca Bellan originally published on TechCrunch
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Founding a company is a big deal, and taking on the CEO role to drive that company forward is an important choice. Some founders are able to lead their startups all the way through the process of company building. If you look at the list of most valuable companies in the world, however, you notice […]
Why this founder decided to replace himself as CEO by Haje Jan Kamps originally published on TechCrunch
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Adobe Chief Strategy Officer Scott Belsky says that AI is not replacing creatives, so much as giving them more time to create.
AI didn’t invent creative remixing by Ron Miller originally published on TechCrunch
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Welcome back to The Interchange! If you want this in your inbox, sign up here. When it came to fintech news, we saw a pretty sluggish first half of 2023, and that is evidenced by the sobering funding statistics we cover below. But things feel like they are starting to pick up, as evidenced by our crowded […]
The fintech funding slump, by the numbers by Christine Hall originally published on TechCrunch
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Hey, friends — welcome to Week in Review (WiR), TechCrunch’s regular roundup of the week in tech. If life’s gotten in the way of following the major stories on TC, don’t sweat it. You’ve come to the right place. In this edition, we cover the 19-year-old MIT dropout “replacing gunpowder” for the defense industry, as […]
Threads hits 100M users, pedestrians fight back against AVs, and VanMoof skids off course by Kyle Wiggers originally published on TechCrunch
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A version of this post original appeared in TechCrunch’s weekly robotics newsletter, Actuator. It has been updated to include details about a new scholarship fund being raised in her honor. I didn’t know Joanne Pransky personally, so when news of her death broke late last month, I reached out to my LinkedIn followers, asking if […]
Remembering Joanne Pransky by Brian Heater originally published on TechCrunch
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If cybersecurity isn't recession-proof, generative AI and animal agriculture might be.
If cybersecurity isn’t recession-proof, what is? by Anna Heim originally published on TechCrunch
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Performance Livestock Analytics spun out from Zoetis because the startup thought it could achieve better scale on its own.
Deal Dive: Backing a founder again after they’ve spun out from their acquirer by Rebecca Szkutak originally published on TechCrunch
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The YouTuber apology video is an art form. A penitent creator must be remorseful, but not theatrical. Concise, but not rehearsed. Honest, but not defensive. Above all, an apology video cannot be memeable, or it’ll never be taken seriously. Colleen Ballinger’s apology saga, however, will be one of the most memorable in YouTube history because […]
Colleen Ballinger’s toxic gossip train won’t stop chugging on by Morgan Sung originally published on TechCrunch
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The creator monetization platform Fanhouse announced yesterday that it was acquired by Passes, a similar startup that only launched in beta in December. “We only hopped on a call maybe 36 hours ago, and then we closed the deal 24 hours ago,” Lucy Guo, the founder of Passes, told TechCrunch. Guo declined to disclose the […]
Passes acquired Fanhouse, but some creators are apprehensive by Amanda Silberling originally published on TechCrunch
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Kenyan workers who helped remove harmful content on ChatGPT, OpenAI’s smart search engine that generates content based on user prompts, have filed a petition before the country’s lawmakers calling them to launch investigations on big tech outsourcing content moderation and AI work in Kenya. The petitioners want investigations into the “nature of work, the conditions […]
Workers that made ChatGPT less harmful ask lawmakers to stem alleged exploitation by Big Tech by Annie Njanja originally published on TechCrunch
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Looking for a creative way to connect with a specific community at TechCrunch at Disrupt 2023? Our After Hours initiative is a great way to network in a relaxed, fun and meaningful way. Plus, we’ll help promote your event for free! Throw your own After Hours event at TechCrunch Disrupt 2023 What’s an After Hours […]
Team up with TechCrunch: Host an After Hours event at Disrupt by Lauren Simonds originally published on TechCrunch
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GoodBuy Gear's deck is not without its challenges, but there's a lot to love, including some unusual choices that really worked out for the team.
Pitch Deck Teardown: GoodBuy Gear’s $5M Series A extension deck by Haje Jan Kamps originally published on TechCrunch
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Now in summer in this part of the world, are we running low of things to talk about? Not in the slightest.
We’re in the pruning phase of tech layoffs by Theresa Loconsolo originally published on TechCrunch
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For this week’s episode, Jacquelyn interviewed Maria Shen, a general partner a early-stage venture firm Electric Capital.
Crypto winter is showing market maturity compared to previous downturns, Electric Capital GP says by Jacquelyn Melinek originally published on TechCrunch
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What do doorbells, smart plugs and pet feeders have in common? They’re just some of the billions of Internet of Things (IoT) devices vulnerable to hacks. These popular, often minimally protected, devices expose consumers to cyberattacks and data theft. IoT security is a huge and growing problem, which is why we’re excited that Amit Serper, […]
Amit Serper locks up IoT security flaws at TechCrunch Disrupt 2023 by Zack Whittaker originally published on TechCrunch
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Yesterday, in a blog post, Grammarly announced that it would be discontinuing the Text Editor SDK, the developer tool that puts the company’s automated editing functionality into any app. The tool will be shut down on January 10th, 2024, after which the functionality will cease to work in any applications where it’s in use. For […]
Grammarly to shut down the Text Editor SDK in January by Ron Miller originally published on TechCrunch
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There are a number of companies in the U.S. that offer revenue-based financing to SaaS companies including Capchase, Pipe, Founderpath and Arc. But the options for South Asian companies are far more limited. A new startup, Efficient Capital Labs (ECL), has emerged to give B2B SaaS companies operating in the South Asia-US corridor more financing […]
QED leads $7M round into startup that offers financing to SaaS businesses across US-South Asia corridor by Mary Ann Azevedo originally published on TechCrunch
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The now-bankrupt crypto lending firm Celsius Network and its former CEO and co-founder Alex Mashinsky faced several lawsuits on Thursday morning from three separate American entities: The U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Federal Trade Commission (FTC). Bloomberg also reported that Alex Mashinsky, co-founder and ex-CEO of […]
Crypto lending firm Celsius Network and its former CEO sued by SEC, CFTC, FTC by Jacquelyn Melinek originally published on TechCrunch
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As the use cases of generative AI see explosive adaption, China has taken a leading role in defining how the rapidly changing technology should be used, including a licensing regime for service providers. On Thursday, China’s top cyberspace regulator unveiled a set of provisional rules to govern generative AI services, including API providers, that serve […]
China unveils provisional rules for generative AI, including a licensing regime by Rita Liao originally published on TechCrunch
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Tesla said the $7,500 federal tax credits for its Model 3 and Model Y electric vehicles are likely to be reduced after December 31, according to a change on the automaker’s website late Tuesday. “Customers who take delivery of a qualified new Tesla and meet all federal requirements are eligible for a tax credit up […]
Tesla says Model 3, Model Y tax credits likely to be reduced by 2024 by Rebecca Bellan originally published on TechCrunch
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South Korean automaker Kia said Wednesday it plans to invest over $200 million in its assembly plant in Georgia, where it will begin production of the electric EV9 SUV next year. The news comes as foreign automakers double down on North American production in order to qualify for federal EV tax credits. Assembly on the continent […]
Kia to invest $200M in Georgia plant to build EV9 SUV by Rebecca Bellan originally published on TechCrunch
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French startup Swile shared some revenue metrics just a year after merging with Bimpli, the employee benefits division of BPCE. Swile’s main product is a payment card for employee benefits, such as meal vouchers. In 2022, Swile generated €138 million in revenue ($153 million at today’s exchange rate) — that includes Bimpli’s revenue. And yet, […]
Employee benefits startup Swile expects to become profitable next quarter by Romain Dillet originally published on TechCrunch
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Domino’s, the world’s largest pizza company in terms of sales and stores, has entered an agreement with Uber to list its menu on Uber Eats and Postmates. The deal indicates that Domino’s is reversing its stance against working with third-party delivery companies in the U.S. Shares of Domino’s soared more than 10% on the news […]
Domino’s strikes deal to list its menu on Uber Eats and Postmates in the U.S. by Aisha Malik originally published on TechCrunch
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Inngest, an open-source startup that helps developers build and manage serverless queues, background jobs and workflows, today announced that it has raised a $3 million seed round led by GGV. Co-founded in 2021 by former Buffer CTO Dan Farrelly and Tony Holdstock-Brown, a former Docker engineer and the former head of engineering at healthcare company […]
Inngest helps developers build their backend workflows, raises $3M by Frederic Lardinois originally published on TechCrunch
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Redbox, the operator of DVD rental kiosks, today announced a new deal with TikTok that allows the company to feature popular content from the short-form video app on more than 3,000 Redbox kiosks nationwide. The new deal allows brands to use TikTok content to advertise products or services on the kiosks, which are located at […]
TikTok content to be featured on 3K+ Redbox kiosks by Lauren Forristal originally published on TechCrunch
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We’ve seen the rise of the customer data platform (CDP) in recent years as a central repository for collecting data about customers to better understand their needs. It’s worth noting that Twilio spent $3.2 billion to buy CDP Segment in 2020 with the goal of building data-fueled apps. Today, Lantern, an early stage startup is […]
Lantern is building a B2B platform that combines a CDP and customer success tools by Ron Miller originally published on TechCrunch
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Global supply chains have made the world smaller by enabling us to have virtually anything we want at the tap of a finger. But when it comes to things like verifying a physical object’s origin or its composition, those same fragmented chains and the many steps between a producer and a buyer can be an […]
Oritain raises $57M for its forensic, big-data science approach to tracking the origin of goods by Ingrid Lunden originally published on TechCrunch
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