Aaron Peskin says Garry Tan’s now deleted X post did “harm to democratic discourse."
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Aaron Peskin says Garry Tan’s now deleted X post did “harm to democratic discourse."
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The Reserve Bank of India is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter told TechCrunch. The central bank has internally discussed revoking the payments bank license of Paytm, the sources said, requesting anonymity as they are not authorized to speak to the […]
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Reliance-backed Viacom18 has reached an agreement to buy 60% of Disney’s India unit, WSJ reported Thursday citing unnamed sources, creating a pathway for the Indian conglomerate to form a $10 billion media giant in the South Asian market. The deal, which WSJ says will close this month, values Disney’s India unit at $3.9 billion, the […]
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Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from conducting nearly all of its business activities due to supervisory concerns. The Noida-based financial services firm said it expects its loan distribution, insurance distribution […]
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Tesla has been sued by 25 California counties alleging the automaker has repeatedly mishandled hazardous waste at facilities throughout the state. The lawsuit was filed after months of settlement talks apparently fell apart. The complaint, filed in San Joaquin County Superior Court, states that Tesla improperly labeled and disposed of materials like “lead acid batteries […]
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Autonomous vehicle company Motional is losing capital support from one of its primary backers as it aims to commercialize a robotaxi service in 2024. Automotive supplier Aptiv — the other half of a $4 billion joint venture with Hyundai that created Motional — said Wednesday it will no longer allocate capital towards the endeavor. “While […]
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They say don’t shoot the messenger, but what if The Messenger shoots itself? Media startup The Messenger burst on the scene last May with $50 million dollars in hand, aggressively hiring journalists to build an “unbiased” digital newsroom. Instead, its staff found out through a New York Times article today that the publication is shutting […]
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It’s Friday, February 2, 2024. Today is the day. You’ve been eyeing the Vision Pro since Tim Cook stepped onstage with the product at last year’s WWDC. Longer than that, really, if you factor in the years of rumors, leaks and renderings. The price wasn’t anywhere near what you had hoped, but it’s a first-gen product. […]
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Mechanical keyboards are everywhere these days, and there’s a larger variety now than than ever before. If you’re looking to pick one up but want to look beyond the most common layouts and types, read on. Here are 8 mechanical keyboards that stick out from the pack. Feker Alice 80 My first Alice board! And […]
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Five social media CEOs were sworn in on Wednesday for what could have been the most eventful children’s online safety hearing yet. But even with some of tech’s most powerful figures under oath, the four-hour hearing was anti-climactic. The Senate subpoenaed recently appointed X CEO Linda Yaccarino, Discord’s Jason Citron and Snap’s Evan Spiegel to […]
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Nearly two months after Castro, the third-party podcast app, announced it was seeking new ownership, the company revealed today that it has officially been bought by Bluck Apps, an independent app studio that developed Android podcast app Aurelian. In November, Castro’s future was questioned when a former employee, Mohit Mamoria, posted on X that the […]
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The vastness of the ocean allows polluters to evade detection in all but the most egregious violations. SkyTruth aims to change that with Cerulean, an orbital monitoring platform for coastal waters that spots not just oil slicks but the ships that produce them faster and with more certainty than ever before. The nonprofit organization has […]
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The much-hyped Apple Vision Pro headset is almost here for those who have preordered, or those waiting to give it an in-person demo. Billed as the future of spatial computing, the AR/VR headset might not be for everyone based on its hefty $3,499 price tag and lack of apps like Netflix and YouTube at launch […]
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Last year, 2023, was especially a home run for Ethereum, which saw SDK installs increase 31% year-over year.
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On Tuesday, hackers stole around $112 million of the Ripple-focused cryptocurrency XRP from a crypto wallet, Ripple’s co-founder and executive chairman has disclosed. Ripple’s Chris Larsen said on Wednesday that the stolen crypto was his. Larsen wrote on X (previously Twitter) that “there was unauthorized access to a few of my personal XRP accounts (not […]
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Google CEO Sudar Pichai said that the company’s Google One cloud storage service is ” just about to cross” 100 million subscribers. Speaking during Alphabet’s Q4 2023 earning call, Pichai added that the company is looking to add more AI-powered features to the Google One service. The search giant first launched Google One in 2018. […]
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Accel, an early investor in Indian e-commerce giants Flipkart and Myntra, is preparing a new fashion e-commerce bet in India even as competition intensifies with the recent expansion of Mukesh Ambani’s Ajio platform. Accel is in advanced talks to lead a $15-20 million funding round into Newme, an Indian fast-fashion e-commerce startup, according to four […]
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Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, conducted another round of layoffs earlier this month. Wattpad has cut around 30 jobs, or roughly 15% of its workforce, a source familiar with the situation told TechCrunch. According to local media outlets, including The Korea Economic Daily, the cut impacted about 30 employees. A spokesperson […]
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A Delaware judge ruled Tuesday that Elon Musk’s $56 billion multi-billion pay package is unfair, voiding the largest in compensation deal in corporate history. The decision, issued Tuesday in the Delaware Court of Chancery by Judge Kathaleen McCormick, means that Musk, the world’s richest person, can’t keep the 2018 compensation package. The ruling can be […]
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Move over, TikTok. Ofcom, the U.K. regulator enforcing the now official Online Safety Act, is gearing up to size up an even bigger target: search engines like Google and Bing and the role that they play in presenting self-injury, suicide and other harmful content at the click of a button, particularly to underage users. A […]
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Universal Music Group (UMG), the label representing artists including Taylor Swift, Billie Eilish, and Ariana Grande, says that it’ll pull its music from TikTok tomorrow at midnight after failing to reach a deal with the platform’s parent company, ByteDance, over royalties. UMG won’t seek to renew its current arrangement with TikTok, set to expire on […]
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Giant Ventures, a UK-based VC that has made a habit of investing on both sides of the Atlantic, is launching two new funds, totalling $250 million. Its previous fund totalled $100 million. The firm invests across climate, health, and what it calls ‘purpose-driven’ startups and some used to call ‘impact’ or ‘mission-driven’. Whatever the case, the […]
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You know you’ve screwed up when you’ve simultaneously angered the White House, the TIME Person of the Year, and pop culture’s most rabid fanbase. That’s what happened last week to X, the Elon Musk-owned platform formerly called Twitter, when AI-generated, pornographic deepfake images of Taylor Swift went viral. One of the most widespread posts of […]
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Welcome back to Found, where we get the stories behind the startups. This week Becca flew solo with Carly Zakin and Danielle Weisberg, the co-founders and co-CEOs of theSkimm, a digital media company delivering news through newsletter targeted at millennial women. Zakin and Weisberg talked about what market gap they wanted theSkimm to fill. They […]
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Block, the fintech company whose subsidiaries include Square, Cash App and Afterpay, is laying off staff at a tumultuous time for tech industry workers. That’s according to an internal memo from CEO Jack Dorsey, obtained first by Business Insider, which states that “the growth of [Block] has far outpaced the growth of … business and […]
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The Iconfactory, the maker of a popular third-party Twitter client, Twitterrific, that was among those killed off by Twitter under Elon Musk’s management, is hoping to recover from its losses with a new app that combines your social media, news feeds, and alerts into one experience. The app, dubbed “Project Tapestry” as it launches on […]
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One of the most popular streamers on Twitch, Pokimane announced today that she is leaving the platform. It’s not yet clear if she’s retiring from content creation altogether, or if she’s moving from Twitch to another platform. “twitch has been my home for a decade,” Pokimane wrote on X. “but it’s time to say thank […]
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Swedish medical device startup Acorai is pairing proprietary sensing hardware and machine learning software with the goal of putting a non-invasive heart pressure monitoring tool in the hands of clinicians — starting with doctors in the US. Patients hospitalized with heart failure typically need to undergo an invasive procedure, such as catheterization or having an […]
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SaaS needs a new data system. That’s the driving idea behind Nile, a startup that aims to create this data system with serverless Postgres at its core. Co-founded by Sriram Subramanian, the former head of cloud engineering at Confluent, and Gwen Shapira, the former engineering lead for the Kafka team at Confluent, Nile is building […]
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TikTok is experimenting with a feature that has the ability to make all posts on the app shoppable, as first reported by Bloomberg. The move is part of the company’s plans to turn TikTok Shop into a multi-billion dollar e-commerce business in the United States. TikTok confirmed that the feature is currently in limited testing, […]
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Inngest, a startup that makes it easier for developers to build and manage serverless backends, today announced that it has raised a $6.1 million funding round led by Andreessen Horowitz, with follow-on investments from GGV, Afore Capital and Vercel CEO and co-founder Guillermo Rauch, who all participated in the company’s $3 million seed round. At […]
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The SaaS startup, which provides software to solar installers, reportedly missed its growth targets for the past year.
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Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.5 billion, adjusted for outstanding shares. The U.S. asset manager valued its holding in Meesho at $27.8 million at December’s end, down from the $41.9 million that it invested in […]
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Hexa, the Paris-based startup studio that recently raised $22 million, is launching a new vertical focused on improving the healthcare system. Julien Méraud, a senior team member of the French unicorn startup Doctolib, is joining the startup studio . As a reminder, Hexa started its life as eFounders and originally focused specifically on B2B software-as-a-service […]
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Rebellions, a South Korean fabless AI chip startup, said today it has closed $124 million (165 billion KRW) in a Series B round of funding to develop its third AI chip, called Rebel. The startup will also use the new capital, oversubscribed with an initial target of $90 million, to ramp up production of its […]
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Apple’s upcoming iOS 18 software update may be “the biggest” in the company’s history, according to Bloomberg’s Mark Gurman. iOS 18 is expected to be announced at Apple’s annual WWDC event in June. “I’m told that the new operating system is seen within the company as one of the biggest iOS updates–if not the biggest–in […]
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Cap VC is launching a tool for VC firms, and is planning to expand its offering to startups raising money. The idea is to make better investment decisions, faster, using the power of AI. VC is a people-business above all, but as AIs are getting closer and closer to being people, too, there’s a slew […]
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Commercial EV startup Arrival is being removed from the Nasdaq stock exchange as it speeds toward dissolution. The company, which went pubic after merging with a special purpose acquisition company, announced Monday morning that the Nasdaq will suspend trading of Arrival shares January 30, followed by a formal delisting. Nasdaq is taking the action after […]
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Instagram head Adam Mosseri confirmed the company is testing a feature called Flipside — an experiment that would essentially turn users’ “finstas” — their separate, private, and more personal accounts — into a new product feature. Flipside was first spotted in development last year, but Instagram said it was only an internal prototype at the […]
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The Browser Company launched the Arc’s first iPhone companion app last year, allowing users to save links for consumption on the desktop application later. The firm has now released a new mobile app, called Arc Search, that aims to focus on the search experience. The marquee AI-powered feature of the app, “Browse for me,” returns […]
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Garry Tan, whose success in Silicon Valley has likely inspired many of the founders he mentors, is once again attracting attention for his posts on the social platform X. On Friday night, the Y Combinator president, investor, and former entrepreneur, published a post that might have prompted some to wonder if his X account was […]
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BluSmart, an Indian ride-hailing startup that competes with Uber and homegrown rival Ola with its all-electric fleet, is looking to boost its battery charging infrastructure as the South Asian nation currently has limited charging stations but aims to expand its electric vehicle (EV) base. The Gurugram-based startup has received fresh funding of $25 million from […]
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An Indian state government has fixed security issues impacting its website that exposed the sensitive documents and personal information of millions of residents. The bugs existed on the Rajasthan government website related to Jan Aadhaar, a state program to provide a single identifier to families and individuals in the state to access welfare schemes. The […]
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TechCrunch Mobility is a weekly newsletter dedicated to all things transportation Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility – the same weekly newsletter you’ve been reading, but with a new name and a few changes. As I mentioned […]
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Swiss startup Terra Quantum says it has discovered a form of graphite that superconducts. But other researchers aren't convinced.
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Enterprises need to understand how much to budget into AI tools, how to weigh the benefits of AI vs. new recruits, and how to ensure their training is on point.
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Hey, folks, and welcome to Week in Review (WiR), TechCrunch’s regular newsletter covering notable happenings in tech over the past few days. On the agenda for this edition is Disney’s innovative VR treadmill, OpenAI fixing its “lazy” AI and MIT’s high-capacity, fast-charging organic battery tech. We also cover Apple’s new stolen device protection feature, AI […]
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Some thoughts on AI aesthetics, the challenge of uninsurability, and how to pitch a biotech startup to non-experts.
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Boomerang thinks so. It uses machine learning to match photos and descriptions of lost items to streamline the lost and found process.
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We're back to dig into Q4 2023 venture capital results and what's coming up this year.
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Flipkart co-founder Binny Bansal has resigned from the e-commerce group’s board, the two said Saturday. Sachin Bansal, the Bengaluru-headquartered startup’s other co-founder, left the board in 2018 after scuffle with the investors. Binny Bansal, who reserved the rights to stay on Flipkart’s board for as long as he preferred, cited conflict of interest with his […]
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Count Spotify among those not thrilled with how Apple has chosen to comply with the EU’s Digital Markets Act (DMA), which sets the stage for sideloading apps, alternative app stores, browser choice, and more. On Friday, the streaming music company issued its response to Apple’s new DMA rules, calling the new fees imposed on developers […]
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Flexport, a logistics company with $2.7 billion in funding, is reportedly planning additional layoffs.
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Tesla will spend $500 million to build one of its so-called “Dojo” supercomputers at its Buffalo, New York factory, the state’s governor Kathy Hochul said Friday during a news conference just days after CEO Elon Musk called the project a “long shot.” Tesla’s decision was “informed by New York’s reliable power supply, strong talent pipeline and […]
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Intentionally poisoning someone else is never morally right. But if someone in the office keeps swiping your lunch, wouldn’t you resort to petty vengeance? For artists, protecting work from being used to train AI models without consent is an uphill battle. Opt-out requests and do-not-scrape codes rely on AI companies to engage in good faith, […]
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Three local councils in the United Kingdom continue to experience disruption to their online services, a week after confirming a cyberattack had knocked some systems offline. The councils for Canterbury, Dover, and Thanet — all of which are based in the U.K. county of Kent and have a combined population of almost 500,000 residents — […]
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The U.S. National Security Agency is buying vast amounts of commercially available web browsing data on Americans without a warrant, according to the agency’s outgoing director. NSA director Gen. Paul Nakasone disclosed the practice in a letter to Sen. Ron Wyden, a privacy hawk and senior Democrat on the Senate Intelligence Committee. Wyden published the […]
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In the past several years, the kitchen has increasingly become a focal point for the world of automation. Miso, for instance, has made a name for itself with Flippy, a hamburger cooking arm that has found its way into chain restaurants like White Castle. Others, including Zume Robotics, have been less successful – the pizza […]
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Apple is moving to make the App Store more appealing to developers before the upcoming deadline to comply with the EU’s Digital Markets Act (DMA), which offers developers the ability to distribute apps through their own channels for the first time. In an effort to retain developers, Apple has begun its pilot tests of “contingent […]
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January has thus far seen 23,670 known tech layoffs, sourced from 85 known reductions, and hitting tech shops big and small.
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Shazam now lets you identify music while wearing headphones, the Apple-owned company announced this week. All you need to do is open the app, check for the headphone icon to confirm your headphones are connected and then start identifying music playing around you or within apps like TikTok and YouTube. The new update works with […]
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The company said the layoffs are part of a "reorganization of our corporate team to improve efficiencies and accelerate our path to profitability."
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Allianz Direct, a digital-first German subsidiary of the insurance giant, has acquired the French home insurance business of ailing insurtech Luko for €4.3 million (around $4.65 million).
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Four years after leaving iOS, Fortnite is coming back — but only European players will be dropping in this time. The endless beef between Epic Games and Apple over the company’s App Store fees took its most recent surprise turn on Thursday when the iPhone maker announced changes coming to iOS in the EU. In […]
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OpenAI has been criticized for the lack of diversity on its board.
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The robotics industry loves a good, healthy debate. Of late, one of the most intense ones centers around humanoid robots. It’s been a big topic for decades, of course, but the recent proliferation of startups like 1X and Figure — along with projects from more established companies like Tesla — have put humanoids back in […]
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Metal 3D printing is already a multibillion-dollar global industry. The additive manufacturing approach is poised to disrupt many facets of construction, and will only continue to grow for the foreseeable future. The technology isn’t homogenous, however. Much like plastic printing, there are several different approaches, each with their own pluses and minuses. A new method […]
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Alongside the numerous changes Apple is making to its platforms to comply with the EU’s Digital Markets Act (DMA), the company is also updating its rules around streaming game services and other apps that provide access to mini-apps or games. The changes could impact companies like Netflix, which has expanded into mobile and cloud gaming […]
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PayPal announced today that it will begin piloting a few new upcoming updates to its service, some of which will leverage AI-driven personalization. The company is introducing a new “CashPass” cash back offering, “Smart Receipts” with personalized recommendations, enhanced checkout and guest experiences, Venmo enhancements for small businesses and a new offers platform for merchants. […]
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A new weather app, Weather Up 3.0, launching today, is pushing the boundaries of what iOS 17’s interactive widgets are capable of. The app is introducing fully interactive widgets, where you can tap on the forecast displayed on the widget to see more details about current conditions or the days ahead. The idea, explains developer […]
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Vancouver, Washington-based Digs, a collaboration platform that provides homebuilders, vendors and — eventually — homeowners with something akin to a digital twin of a home, today announced that it has extended its $7 million seed round from 2023 with another $7 million. The new round was led by the Oregon Venture Fund (OVF) and Legacy Capital Ventures, […]
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The internet can be bad. But mmm.page might just be good. The platform is hard to explain, but it describes itself as “Tumblr x Animal Crossing x Mii Plaza,” which is somehow more accurate than my idea of “MySpace meets Linktree, except not really.” The anonymous founder, XH, told TechCrunch, “I am also refining my […]
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The partnership with meat and dairy producer Sigma Alimentos brings Chunk’s plant-based products to Latin America for the first time.
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When TechCrunch first covered gift registry platform Thankful Registry eleven years ago, its philosophy was turning the act of asking for gifts into a mindful process, instead of a greedy grab for stuff. Fast forward more than a decade, Thankful continues to lean into that mindset with its relaunch. In addition to a redesign, Thankful […]
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It’s been a little over 180 days since Worldcoin publicly launched – and its futuristic looking Orb device is getting an upgrade, Alex Blania, CEO and co-founder of Tools for Humanity, shared exclusively with TechCrunch. “The new orb is coming” and the “next iterations will look quite different,” Blania said during a fireside chat at […]
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The Pokemon Company said Thursday it has not granted any permission to “another company,” referring to Palworld-developer Pocketpair, to use Pokemon intellectual property or assets and “intends to investigate and take appropriate measures” against the fast-growing survival game operator. The statement is Pokemon Company’s first acknowledgement of Palworld’s fast-growing survival title, which has sold over […]
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Infinite Roots (IR), formerly Mushlabs, is a German biotech company which has been plying the furrow of Mycelium, the material coming from fungi which has been hailed as something of an answer to everything from food to building materials. In a significant move for both it and what passes for the nascent Mycelium startup sector, […]
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Aurora Innovation, the autonomous vehicle technology company aiming to launch a “driverless” self-driving trucks business by the end of 2024, laid off dozens of workers this week, according to sources familiar with the action. The Pittsburgh-based company, which also has facilities in California, Colorado, Texas and Montana, has since confirmed that about 3% of its […]
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Steve Jobs once commissioned Belgian artist Jean-Michel Folon to come up with an illustrated character that would "live" in every Mac machine and surprise the owner: Mr. Macintosh, aka Mac Man.
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It was a bad year for Tesla solar — its worst since 2020.
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Tesla’s strategy to drive sales through price cuts combined with the cost of bringing the Cybertruck into production put pressure on profits in the fourth quarter, according to earnings reported Wednesday. While the company has managed to continue to expand sales — hitting a record delivery of 1.8 million EVs in 2023, it hasn’t translated […]
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There’s a reason why some people are die-hard Microsoft Outlook fans. It brings together your emails, your calendar events and your contacts in a single app. But… it’s Outlook. And some people can’t stand its convoluted interface. Amie, one of the most innovative apps in the new wave of calendar apps, is adding emails to […]
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As AI increasingly moves from the cloud to on-device, how, exactly, is one supposed to know whether such and such new laptop will run a GenAI-powered app faster than rival off-the-shelf laptops — or desktops, for that matter? Knowing could mean the difference between waiting a few seconds for an image to generate versus a […]
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A year to the day after it was proposed, the National AI Research Resource is coming online — at least in pilot form — as a coalition of U.S. agencies and private partners start to apply billions in federal funding towards public-access tools for aspiring AI scientists and engineers. NAIRR is the Biden administration’s answer […]
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E-commerce company eBay said today that it plans to let go of 1,000 employees or around 9% of its workforce due to the ongoing economic conditions. The company said in a blog post that it also plans to cut contract roles in the coming months. The company’s CEO Jamie Iannone admitted that the company hired […]
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Just a year after raising $11.6 million, Kittl raised another $36 million in a Series B round led by IVP with some existing investors participating once again. The Berlin-based startup has been working on a graphic design tool that you can use in your web browser without having to install an app. At this point, […]
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French small launch developer Latitude has closed $30 million in new capital as it eyes the first flight of its Zephyr rocket in 2025. While other rocket companies are going bigger, developing even more massive rockets, Latitude is taking a different approach: light, small, and hopefully cheap enough to beat out competitors. Its first rocket, […]
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Aniai, a startup that has built a burger-grilling robot, Alpha Grill, said today it has raised $12 million. The round brings its total raise up to $15 million. The money will go toward launching its first manufacturing facility, Factory One, in South Korea. The firm will also be deploying a cloud-based AI software platform for […]
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I tend to be wary when consumer electronics corporations dip their toes into the world of robotics. The category offers an attention grabbing shorthand for companies attempting to bolster their future outlook. More often than not, the systems rolled out on-stage are little more than vaporware. Samsung has mostly played it close to the belt […]
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Forta Health aims to democratize access to healthcare by utilizing AI tools, including large language models, to empower caregivers and enhance clinical treatments.
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If you’re looking for a better development tool to build your startup (or enterprise) empire — one that’s fast, efficient, secure, offers easy debugging, multiple language support, portability, browser compatibility and a whole lot more — you need to know about WebAssembly, a.k.a., “Wasm.” Fun fact: A World Wide Web Consortium (WC3) standard since 2019, […]
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Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of its staff today. The once high-flying fintech startup sent a note to employees (that was also published on the company’s website) today, announcing the news. In addition, Brex announced that its COO, Michael Tannenbaum, […]
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Google’s Chrome web browser is getting an infusion of AI technology in the latest release. The company announced today it’s soon adding a trio of new AI-powered features to Chrome for Mac and Windows, including a way to smartly organize your tabs, customize your theme, and get help when writing things on the web — […]
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TikTok is the latest tech company to mount another round of layoffs in an increasingly bleak January. According to NPR, which broke the news, TikTok cut about 60 jobs, mostly in sales and advertising. TikTok did not respond to our request comment before publication. Despite controversy in Congress over its Chinese parent company, TikTok — […]
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Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics. About 800 employees, or 90% of its workforce, will lose their jobs as a result, according to a regulatory filing. The company said it is suspending all used […]
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Energy supply is one of the bigger issues impacting how technology will evolve over time — a challenge that might be feel closer to home when you consider the batteries of objects like mobile phones or electric vehicles but is definitely not constrained just to consumer tech. A startup called Instagrid is using software to […]
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TravelPerk, a business travel management platform targeted at SMEs, has raised $105 million in a fresh equity-based round of financing led by SoftBank’s Vision Fund 2. Existing investors including Kinnevik and Felix Capital also participated in the round. The funding gives TravelPerk a valuation of $1.4 billion, just a fraction over the $1.3 billion valuation […]
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Apple will pay additional royalties starting this month to artists if they have a spatial audio version on Apple Music, according to multiple reports. The company will pay up to 10% additional royalty if an artist has all their songs in spatial audio, per a report by 9to5Mac. The extra money doesn’t depend on users […]
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Beijing has quietly pulled the proposed curbs on the video game industry from the official website, weeks after the draft guidelines wiped tens of billions of dollars off the market value of local titans. The link to the draft rules was no longer accessible as of this morning, as first reported by Reuters. Shares of […]
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In the middle of a long funding winter, AC Ventures’ latest news will give Southeast Asian startups hope. The Jakarta, Indonesia-based venture firm announced today it has raised $210 million, finishing the final close on its fifth fund, called ACV Fund V. Limited partners include the World’s Bank’s IFC and investors from the United States, […]
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European VC Plural has carved out a reputation for itself as one of the few VC’s in the region started and led by entrepreneurs who grew their own startups, with its founders including Taaavet Hinrikus from Transferwise/Wise; Sten Tamkivi; and Ian Hogarth, the founder of Songkick who more recently has also added a role with […]
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MrBeast made over $263,000 in ad revenue from posting his latest video on X, but the YouTube icon says he thinks this number is “a bit of a facade.” “Advertisers saw the attention it was getting and bought ads on my video (I think) and thus my revenue per view is prob higher than what […]
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Sierra Space has completed a key test of its inflatable space habitat, as the company progresses toward launching and operating a private space station with Blue Origin before the end of the decade. The “ultimate burst pressure” test of the inflatable module was conducted at NASA’s Marshall Space Flight Center. As the name suggests, the […]
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When Palworld made its inauspicious debut in a teaser a year or so back, few thought this strange, blatant Pokémon ripoff would be anything but a quickly forgotten oddity. But after its Early Access release last week, the game has broken records and sold millions — reflecting the pent-up demand for a truly modern Pokémon-type […]
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"If you're not making money, you're not having impact," said ArcTern Ventures managing partner Murray McCaig.
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It would be shortsighted to overlook edtech amid the present downturn, especially now that AI is disrupting nearly every industry out there.
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Like a tenacious balloon, no matter how hard crypto gets knocked down, it tends to float back up again. But the current crypto bust looks a bit different.
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Journal app Day One is introducing Shared Journals, a new social feature that lets you share stories and memories with your friends and family. Shared Journals are a private space where you and your friends can share life updates with each other. It’s kind of like a small social network where you can share experiences […]
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The oil supermajor filed a lawsuit in federal court asking for permission to ignore a shareholder resolution, sidestepping the SEC.
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Sony called off the merger between its India unit and Zee Entertainment on Monday, ending a two-year acquisition deliberation that would have created a $10 billion media powerhouse in the South Asian market. Sony said in a statement that it has sent a termination letter to Zee after the Indian firm failed to meet the […]
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Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022. Terraform Labs, which confirmed its Chapter 11 bankruptcy protection filing, said the filing is “a strategic step that will enable it to continue its operations and support litigation […]
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Captain Fresh, a business-to-business harvest-to-retail marketplace for animal protein, is engaging with investors to raise up to $50 million in fresh funding, according to sources familiar with the matter. The startup is in advanced stages of deliberations to raise the capital from Nekkanti Sea Foods, SBI Investment, Evolvence, Tiger Global, and Prosus Ventures, the sources […]
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Shamba Pride has since 2016 worked to enhance last-mile distribution for farm inputs and tackle price exploitation and quality issues for farmers through its merchant network dubbed digishops. The agtech has, so far, built a network of merchants (agro-dealers) extending across 24 counties in Kenya, which represents just over half of the country. It now […]
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TechCrunch Mobility is a weekly newsletter dedicated to all things transportation Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome to TechCrunch Mobility – the same weekly newsletter you’ve been reading, but with a new name and a few changes. Don’t worry, this […]
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Distinct from the Ripple network and protocol, the XRP Ledger is a decentralized public ledger with an open-source code base that anyone can contribute to or use.
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Researchers have been scrambling to find alternative materials for lithium-ion batteries, from manganese to sodium. Now they might have another: TAQ.
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Covering companies' growth from the seed stage gives reporters a glimpse of what investors must feel like.
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Welcome, folks, to TechCrunch Week in Review (WiR), a digest of the past few days in tech happenings. As I write this, snow’s gracing New York City — an increasingly rare treat thanks to our changing climate. And that feels fitting in light of the Apple Vision Pro’s imminent launch. After all, one of the […]
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TikTok has been experimenting with an auto scrolling mechanic for months now, allowing you to watch TikTok hands-free. To use the auto scroll feature, you hold down on a video on TikTok’s For You page – similar to if you want to repost a video – and click the auto scroll button. Your feed will […]
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We all make mistakes. But sometimes we forget that technology does, too — especially when it comes to AI, which is still in its early days in many respects.
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When Selkie, the fashion brand viral on Instagram and TikTok for its frothy, extravagant dresses, announces new collections, reception is generally positive. Known for its size inclusivity — its sizing ranges from XXS to 6X — and for being owned and founded by an independent artist who’s outspoken about fair pay and sustainability in fashion, […]
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On Friday, Microsoft disclosed that the hacking group it calls Midnight Blizzard, also known as APT29 or Cozy Bear — and widely believed to be sponsored by the Russian government — hacked some corporate email accounts, including those of the company’s “senior leadership team and employees in our cybersecurity, legal, and other functions.” Curiously, the […]
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Startups are in a difficult spot. But the good news is that some untraveled and overgrown exit paths have a chance of opening up this year.
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A Barcelona-based company that works as a subcontractor for Meta, providing content moderation services for Facebook and Instagram, has been found by a court in Spain to be responsible for psychological damage suffered by a worker. The ruling, handed down Thursday, per local press reports, is the first time a court in Spain has found […]
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Want a huge jumpstart on your startup dream? This is no time to procrastinate. We have only seven days left of launch pricing to TechCrunch Early Stage 2024, taking place in Boston on April 25. Buy a $149 Founder pass or a $349 Investor pass and save $300 before prices increase on January 27. No […]
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This week, we're taking a look at a pitch deck from Rypplzz (pronounced "ripples"), a spatial technology startup that recently raised $3 million.
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Three councils in the United Kingdom have taken some of their public-facing systems offline due to an ongoing cybersecurity issue. Canterbury City Council, Dover District Council, and Thanet District Council, three local authorities based in the county of Kent, said jointly on Friday that they “are investigating a cyber incident” that has disrupted online services […]
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Lai Ching-te, who won Taiwan’s presidential election last Saturday, will be facing a crossroads in the country’s technology industry when he takes office in May. Lai’s administration will be the third term of Democratic Progressive Party rule in Taiwan, and he is widely expected to continue the work of his predecessor, Tsai Ing-wen, when it […]
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General Catalyst, one of the largest U.S. venture capital firms, is in talks to acquire an India-focused venture fund as part of efforts to expand its presence in the fast-growing South Asian startup market, three sources familiar with the matter told TechCrunch. The deal would allow General Catalyst to tap deeper into India’s vibrant technology […]
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The state of Iowa is suing TikTok, alleging that the social media company misleads parents about the kinds of content available to young users. The lawsuit from Iowa Attorney General Brenna Bird accuses TikTok of hosting “sexual content, drugs, alcohol, intense profanity, self-harm messages, and other X-rated content,” making videos that aren’t age appropriate easily […]
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Myrealtrip is the latest travel tech company to ride a growing post-pandemic tourism industry. The Seoul-based startup said today it has raised $56.7 million (75.6 billion KRW) in a Series F equity round of funding to accelerate its business and product innovation and ramp up its hiring. Global tourism has rebounded to pre-pandemic levels in […]
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Is it a “fearful vocaloid wednesday morning,” a “yearning cottagecore thursday afternoon,” or perhaps a “heartbroken karaoke friday evening”? That’s up to your Spotify Daylist, an algorithmically-generated playlist inspired by your listening habits, which changes several times per day. Yeah, you may not think it’s a “teen angst mallgoth monday morning,” but Spotify knows something […]
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VF Corp., the parent company of the popular apparel brands Vans, Supreme, and The North Face, said Thursday that hackers stole the personal data of 35.5 million customers in a December cyberattack. The Denver, Colorado-based company reported the data breach to regulators in a filing on Thursday. The filing did not say specifically what kinds […]
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The German automaker previously wavered on EVs. But after posting strong EV sales in 2023, it's appears to have made up its mind.
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Solana Mobile is swinging for the stars after it announced a second, cheaper web3 phone phone dubbed “Chapter 2” earlier this week. While its first handset, Saga, sold out like a budding avalanche — slow at first then all at once in the U.S. and European Union — its second device is selling out much […]
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The European Commission has sent requests for information (RFI) to a full 17 platforms subject to algorithmic transparency regulations under the bloc’s Digital Services Act (DSA), it said today. These asks are specifically in relation to requirements that platforms provide data access to researchers investigating systemic risks in the European Union. The list of so-called […]
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Last week, Artifact, a buzzy news app from Instagram’s co-founders, announced it was shutting down after failing to gain critical mass. The news came as a surprise as the app was generally well-received by its core audience, smartly leveraged AI to power recommendations, summarize news, and rewrite clickbait, and featured a clean and modern design […]
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After laying off over 1,000 workers across divisions last week and cutting 100 jobs at YouTube, Google CEO Sundar Pichai sent a memo to its staff warning more layoffs are expected this year. Pichai’s memo said the company will have to make “tough choices” to meet its ambitious goals, as reported by The Verge. The […]
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Astrobotic’s lunar lander will be reentering Earth’s atmosphere over a remote part of the South Pacific Ocean tomorrow afternoon, bringing to a close the failed moon landing mission. The Peregrine lunar lander is expected to reenter around 4PM EST over an unpopulated stretch of ocean near Fiji, according to coordinates Astrobotic posted in a Wednesday […]
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Orbital operations company Astroscale has revealed new details about its approach to refueling satellites in space, as part of a $25.5 million project exploring the concept with the Space Force. Their solution is a bit like a AAA truck traveling at 25,000 MPH. The concept of on-orbit servicing and repair is attractive to anyone who […]
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International Battery Company, a startup developing lithium-ion battery cells for electric vehicles, has raised $35 million as it plans to bridge the demand-supply gap in the growing EV market in India. Led by RTP Global, the pre-Series A round saw participation from Beenext, Veda VC and various strategic Korean and U.S. investors. It comes ahead […]
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Internal Meta documents about child safety have been unsealed as part of a lawsuit filed by the New Mexico Department of Justice against both Meta and its CEO, Mark Zuckerberg. The documents reveal that Meta not only intentionally marketed its messaging platforms to children, but also knew about the massive volume of inappropriate and sexually […]
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