Meta is trying to distance itself from news media-related regulations and payment complexities as it is planning to remove the news tab on Facebook in the U.S. and Australia. The company said today that it will sunset the product in April 2024. Last year, Meta discontinued Facebook News in the UK, Germany, and France saying […]
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Google said on Friday it will start removing apps from its Play Store in India if developers fail to comply with its payment policy, taking a definitive stand weeks after the top Indian court granted the Android-maker with relief. Without naming them, Google said 10 companies in India, including “many well-established ones,” have not paid […]
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Intuitive Machines’ first lunar lander officially lost power today after spending seven days on the moon. The lander made history for being the first American hardware to reach the lunar surface since 1972 and the first privately built spacecraft to land on the moon. But the lander, called Odysseus, will be remembered for another reason: […]
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I’ve seen enough: the prize for the best use of public domain Mickey Mouse goes to the Jacksonville Jumbo Shrimp. For its public domain theme night, the minor league baseball team will wear jerseys made entirely of iconic images that are no longer protected by copyright: Van Gogh’s “Starry Night,” King Kong, and the earliest […]
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The Securities and Exchange Commission has charged bankrupt Lordstown Motors with misleading investors about the sales prospects of its Endurance electric pickup truck. Lordstown has agreed to pay $25.5 million as a result — money that the SEC says will go towards settling a number of pending class action lawsuits against the company. “We allege […]
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Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months. The company says it is trying to find a way to raise that money as it works through a pivot from direct sales to a […]
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A technology company that routes millions of SMS text messages across the world has secured an exposed database that was spilling one-time security codes that may have granted users’ access to their Facebook, Google and TikTok accounts. The Asian technology and internet company YX International manufactures cellular networking equipment and provides SMS text message routing […]
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Listing tasks and to-dos is a very personal process. Some users like apps with intricate features so they can manage their tasks better, but another set of users get irritated exactly by feature overload. That’s why software developer Adam Whitcroft built a dead simple to-do app called Twodos that doesn’t remind you of your pending […]
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Several internet-connected doorbell cameras have a security flaw that allows hackers to take over the camera by just holding down a button, among other issues, according to research by Consumer Reports. On Thursday, the non-profit Consumer Reports published research that detailed four security and privacy flaws in cameras made by EKEN, a company based in […]
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Meta CEO Mark Zuckerberg, who is touring Asia countries this week, said in a meeting with South Korean President Yoon Suk Yeol on Thursday that Meta wants to beef up its cooperation with Samsung Electronics for AI chips to offset geopolitical risk issue in Taiwan, where TSMC, the world’s biggest contract chip manufacturer, is headquartered. […]
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Silence Laboratories, a startup that builds infrastructure using multiparty computation (MPC) to help enterprises keep data private and safe, said it has raised a $4.1 million funding round. Pi Ventures and Kira Studio co-led the recent funding, which brings its total raised to $6 million, along with angel investors. The startup will use the funding to scale […]
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Bfree, a tech-enabled debt collection startup based in Nigeria, was founded to automate and introduce ethical debt recovery processes after its founders witnessed the use and adverse effects of aggressive retrieval techniques, such as incessant calling and debt-shaming, by predatory digital lenders. After its launch in 2020, the startup introduced a number of scalable debt […]
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Decentralized social network Mastodon has updated its official app for Android to let users easily share their profiles with QR Codes. This could be useful in loud places like event and hotel lobbies to exchange profiles, the company said in a blog post. To share the QR code, users can go to their profile tab […]
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A controversial move by Meta last year, when it switched to charging users in the Europe Union for an ad-free subscription for access Facebook and/or Instagram unless they agreed to be tracked and profiled so it could keep running its attention-mining microtargeting ad business, has triggered a set of complaints from consumer rights groups. The […]
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The merger of Indian media assets of Reliance, its portfolio Viacom18 and Disney will create an entity that captures 85% of the country’s on-demand streaming service audience and about half of the TV viewers, analysts said, posing bigger challenges to Netflix, Amazon’s Prime Video, Apple, Sony and Zee. The merger, which is scheduled to complete […]
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Paris-based cybersecurity startup Filigran is capitalizing on the success of OpenCTI to build a suite of open-source threat management products. The company has already found some early traction with OpenCTI, its open-source threat intelligence platform. That’s why the company recently raised €15 million (around $16 million at today’s exchange rate) in a funding round led […]
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Reliance, its portfolio Viacom18 and Disney are merging their media businesses in India, creating the largest media entity in the world’s most populous nation. Reliance, which will control the joint venture, directly owns 16.34% of the merged entity, which it has valued at $8.5 billion. Disney will own a 36.84% stake in the merged entity, […]
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Once Lai Ching-te is inaugurated as Taiwan’s president in May, his administration will mark an unprecedented three terms of Democratic Progressive Party rule. His victory underscored the desire of voters to maintain the status quo, even as Taiwan continues to deal with the looming specter of China. Soon after he was elected in January, Lai […]
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Elon Musk’s crusade against the extremism research organization the Center for Countering Digital Hate (CCDH) will have its day in court on Thursday. Elon Musk’s X sued the CCDH last year, accusing it of “actively working to assert false and misleading claims about X.” The nonprofit, formed in 2018, conducts research on social media platforms […]
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If it wasn’t clear before that Google’s Gemini chatbot was rushed out the door, it is now. Gemini’s since-removed image generator put people of color in Nazi-era uniforms. The chatbot’s commentary continues to tend toward the absurd besides, like equating Hitler’s record with Elon Musk posting memes. On Android, Gemini also breaks Google Assistant’s song […]
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An internal congressional memo viewed by TechCrunch casts strong doubt on Rocket Lab’s claim that its Neutron rocket will be ready for launch in time to meet a crucial contract deadline from the Space Force. “In light of public reporting and media pressure, Rocket Lab has escalated their campaign to misrepresent their launch readiness in […]
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Apple’s secretive car project died without ever seeing the light of day. It’s a fitting end, considering we’ve collectively spent the last decade aware of it without really knowing too much about what the tech colossus was planning. Neither has Apple, apparently. Dozens of contemporaneous reports over that span clued the public into the vague […]
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Apparently Frank Slootman, the veteran tech executive, was popular with investors, at least judging from their reaction that he will be stepping down as CEO of Snowflake. The company stock price has plunged over 24% in after hours trading on the news. Slootman will retreat into the role of chairman of the board, while Sridhar […]
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Pitches are critical in the quest for funding and first customers. It’s rare, however, for innovators to get truly candid insight on their pitches before stepping in front of VCs. Here’s your chance for something different: We’re excited bring back “So You Think You Can Pitch” at TechCrunch Early Stage 2024, our annual founder summit […]
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Consolidation is afoot in the world of HR services, with larger players snapping up interesting, smaller startups en route to more robust unit economics and providing one-stop shops for customers looking to cut down on suppliers. In the latest development, Deel — the $12 billion HR business out of Paris — is scooping up Zavvy, […]
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Nothing isn’t one to be quiet about new releases. The London-based phone company’s media push largely relies on trickling out information about devices bit by bit. It’s been a solid strategy thus far (if a bit annoying as someone who covers this world), as so many of its announcements have been first-gen products, each generating […]
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Thrasio, the U.S. start-up that raised billions of dollars and popularized the concept of e-commerce aggregation — buying up and restructuring dozens of smaller brands and third parties selling on marketplaces like Amazon in a bid for better economies of scale — has commenced a restructuring of its own. The company has filed for Chapter […]
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Media startup Dailyhunt is in advanced stages of talks to acquire the Bengaluru-headquartered social network Koo, two sources familiar with the matter told me. The potential deal under discussion involves a share-swap agreement and could be finalized within weeks, the sources added, requesting anonymity as the matter is private. The deliberation follows Koo, which has […]
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Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue. While up from the same period a year ago, earnings came in below Wall Street’s expectations and were paired with a disappointing Q1 2024 forecast, […]
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A number of major AI services performed poorly in a test of their ability to address questions and concerns about voting and elections. The study found that no model can be completely trusted, but it was bad enough that some got things wrong more often than not. The work was performed by Proof News, a […]
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Email startup Superhuman is launching an AI-powered instant replies feature today with the company looking to double down in AI-fueled functionality this year. The feature gives you three contextual replies as options to quickly respond to an email. Superhuman has been built around the idea to get you to inbox zero in the fastest way. […]
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Yesterday, Mistral AI, a Paris-based AI startup working on foundational models, announced a new large language model that could rival OpenAI’s GPT-4, a chat assistant and a distribution partnership with Microsoft yesterday. But Microsoft and Mistral AI buried the news — or at least an important part. As part of the partnership, Microsoft is investing €15 […]
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Recurring revenue is pretty much the holy grail for any business — it’s precisely why Apple has segued towards being almost as much a services company as it is a hardware company, with 20% of its revenue now emanating from Apple TV+, Apple Music, iCloud, among an array of other subscription and non-subscription-based services. The […]
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Shadowfax, one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India, has raised $100 million in a new funding round as it clocks an yearly growth of 35%. TPG NewQuest led Shadowfax’s Series E financing round, which includes some secondary transactions, the startup said on Tuesday. TechCrunch reported last year […]
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Dubai-based early-stage venture capital firm COTU Ventures is announcing that it has raised $54 million for its inaugural fund to support startups in the Middle East from pre-seed to seed stages. With a final close achieved last year, COTU Ventures, which identifies and backs founders from the inception to post-product launch, invests between $500,000 to […]
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The Supreme Court is considering the fate of two state laws that limit how social media companies can moderate the content on their platforms. In oral arguments on Monday, the justices grappled with a thorny set of questions that could reshape the internet, from social networks like Facebook and TikTok to apps like Yelp and […]
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Everyone has a story in them, as someone famous once said. A startup called Inkitt believes that it can use AI to turn the strongest of these into blockbusters and to build a new “Disney” for the 21st century around that content. Now, it’s raised $37 million in aid of that ambition. The startup’s eponymous […]
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The Federal Aviation Administration has concluded its review of SpaceX’s investigation of the second Starship launch in November, with the regulator saying Monday that it accepted the “root causes and 17 corrective actions” identified by the company. While this means the investigation is now closed, SpaceX must implement all the corrective actions and apply for […]
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Once upon a time, gadgets knew what they were truly for. Toaster? Brown thy bread. Smartphone? Connect thy user. But the Ring Car Camera? Ever since its launch it found itself in a bit of an identity crisis. After three and a half years, Amazon’s page for the camera now says that “we don’t know […]
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Hello and welcome back to TechCrunch Space. My stomach is still in knots from the Intuitive Machines landing livestream. I think it’s fair to say that the words of Tim Crain, Intuitive Machines’ CTO, will go down in history: “We’re not dead yet.” Very metal. Want to reach out with a tip? Email Aria at […]
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Interview Kickstart, a profitable startup helping tech professionals acquire career-advancing skills, has raised $10 million in its maiden funding from Blume Ventures, the companies said on Monday. The San Francisco-based startup, founded in 2014, assists engineers learn from Big Tech employees or alumni. Though always profitable, 2023 was pivotal for Interview Kickstart after the startup found […]
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Something I’ve always admired about Lenovo is the way the Chinese tech giant really lets its freak flag fly. In fact, visiting the company’s booth nestled in the way, way back of Hall 3 has long been a highlight of MWC for me. You can always tell where the latest bit of weirdness is located […]
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Google announced a new set of features for phones, cars, and wearables today at the Mobile World Congress (MWC) in Barcelona. These features include using Gemini to craft messages, AI-generated captions for images, summarizing texts through AI for Android Auto, and access to passes on Wear OS. The company’s Gemini implementation for image generation is […]
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Caller identity company Truecaller has launched its call recording and transcription for paid users in India, the company’s biggest market. The recording feature will be available to premium users on both Android and iOS, with support for English and Hindi transcriptions. In June 2023, the company introduced call recording for premium users in the U.S., […]
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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 — your central hub for news and insights on the future of transportation. Stellantis CEO Carlos Tavares and I covered […]
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The back of your phone is useless. There. I said it. Sure, the cameras are back that, but what about all of that blank real estate monopolizing 90% of the surface area? Honestly, it needs to start carry its weight around here. A fully functioning screen isn’t the answer, however. That’s a lot more battery […]
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While North American VCs can see the potential value in backing European startups, it hasn't been easy for firms to launch strategies.
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As a part of a multi-part series, TechCrunch is highlighting women innovators — from academics to policymakers — in the field of AI.
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Stellantis, the automaker that owns 14 brands including Chrysler, Jeep and Ram, and autonomous vehicle technology company Waymo are not only still working together, the companies are deepening the partnership, CEO Carlos Tavares told TechCrunch in a recent interview. This “deepened” partnership will focus on commercial self-driving Ram delivery vans, a target that was first […]
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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, Google paused its AI chatbot Gemini’s […]
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Byju Raveendran, the founder of eponymous edtech group Byju’s, told employees on Saturday that he continues to remain the chief executive of the startup and that rumors of his firing have been “greatly exaggerated,” a day after a shareholder group voted to remove him at an emergency general meeting. In a 758-word letter, content of […]
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Intuitive Machines‘ spacecraft touched down yesterday on the lunar surface… sideways. CEO Steve Altemus confirmed during a press conference Friday that, while it wasn’t a perfect landing, it’s nothing short of a miracle the spacecraft landed intact at all. Using a small model of the lander, Altemus demonstrated how engineers believe the spacecraft, called Odysseus, […]
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Well-known accelerator group Techstars announced a slew of changes to its operations this week, including the shuttering of some of its city-based programs.
Criticism from former members of its decisions lit social media channels who argued that the famed startup accelerator has lost focus on the very thing that historically made it so successful.
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Earlier this week, accelerator group Techstars announced changes to its operations. But what was planned internally to be an exciting new chapter for the organization ended up being somewhat of a PR nightmare. Techstars found itself facing criticism for some of its decisions and execution after announcing it would shut down its Boulder and Seattle […]
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A group of Byju’s investors on Friday voted to remove the edtech group’s founder and chief executive Byju Raveendran and separately filed an oppression and management suit against the leadership of the firm to block the recently launched rights issue in a surreal moment for the startup, which was once the most valuable in India. […]
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Security experts are warning that a pair of high-risk flaws in a popular remote access tool are being exploited by hackers to deploy LockBit ransomware — days after authorities announced that they had disrupted the notorious Russia-linked cybercrime gang. Researchers at cybersecurity companies Huntress and Sophos told TechCrunch on Thursday that both had observed LockBit […]
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Apple’s long-term bet on India is beginning to pay dividends. The company’s iPhone revenue in India jumped 42% year-on-year in 2023 to $8.7 billion, Morgan Stanley wrote in a note on Friday. The iPhone shipments in India grew 39% year-on-year in 2023 to 9.2 million units, making it iPhone’s fifth largest smartphone market. India’s iPhone […]
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Generative AI has done an impressive job in improving productivity in a wide range of areas, including website building. There’s no lack of tools that now allow one to generate web designs by simply describing what they want in prompts, including established player Wix and bootstrapped startups like Relume. 10web, a company based out of […]
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Meta said Thursday that it has started to test two “most requested” features: drafts and in-app camera. Instagram head Adam Mosseri said that both features are available to only a small number of people. Users who have access to the draft can save only one post (bummer). You can write the post you might want […]
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U.S. health insurance giant UnitedHealth Group said Thursday in a filing with government regulators that its subsidiary Change Healthcare was compromised likely by government-backed hackers. In a filing Thursday, UHG blamed the ongoing cybersecurity incident affecting Change Healthcare on suspected nation state hackers but said it had no timeframe for when its systems would be […]
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Matt Mullenweg, CEO of Tumblr owner Automattic, is supposed to be on sabbatical. Instead, he’s arguing with Tumblr users over an individual content moderation decision, which has sparked community-wide outcry and accusations of transphobia. Over the last few days, the situation escalated to the point that Mullenweg has engaged with the user in question on […]
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Some cryptocurrency exchanges in Nigeria faced accessibility issues for users, prompting speculation of imposed restrictions on crypto sites, the Financial Times reported. On Wednesday, local media reported that Nigeria’s telecom regulator, the Nigerian Communications Commission (NCC), received instructions from the country’s apex bank to suspend access to crypto websites, including Binance, Coinbase and Kraken. This […]
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Intuitive Machines has landed a spacecraft on the lunar surface, in a historic first for a private company. Flight controllers confirmed the landing at 5:23 PM CST, though the exact condition of the spacecraft is unclear as engineers work to refine their signal with the lander. “What we can confirm without a doubt is that […]
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Reddit’s prospects as it barrels toward a stock market listing have a lot more to do with relationships with AI vendors such as OpenAI than one might expect. In its IPO prospectus filed today with the U.S. Securities and Exchange Commission, Reddit repeatedly emphasized how much it thinks it stands to gain — and has […]
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With the European Commission set to rule on Spotify’s complaint focused on competition in the streaming music market, there are hints that the ruling will not be in Apple’s favor. This week, the Financial Times reported the EC will issue its first-ever fine against the tech giant for allegedly breaking EU law over competition in […]
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In the face of South Africa’s worsening energy crisis, marked by increasingly severe power shortages, implementing daily electricity rationing has become imperative to avert the risk of a nationwide grid collapse. According to the state-owned power generator Eskom, the country witnesses a significant power deficit, surpassing 6,000 megawatts on occasion. This situation is similar in […]
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Uber has signed a memorandum of understanding with an Indian government-supported program that aims to make transportation and business more accessible across the South Asian region. The ride-hailing giant said Thursday that it will explore an integration with the network to expand the range of its mobility offerings on the Uber app. This is a […]
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After a few years of funding frenzy, autonomous driving companies in China are experiencing a slowdown in investment. Some companies are still hauling in capital, though the era of bankrolling several hundred million dollars in a single round has mostly passed. Haomo.ai, an autonomous driving startup backed by Chinese automaker Great Wall Motor, has raised […]
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Instagram said today that it is expanding its marketplace tool to connect brands with creators for paid partnerships or ads in eight new countries. The new markets that will get access to this marketplace include Canada, Australia, New Zealand, the United Kingdom, Japan, India, and Brazil. The company first started testing this platform in the […]
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A growing roster of vertical AI startups is emerging in Southeast Asia to serve sectors ranging from seafood to finance. Singapore-based venture capital firm Antler recently made a bet on 37 of them, investing $5.1 million in total for pre-seed deals. This included a strategic partnership with Khazanah, Malaysia’s sovereign wealth fund, which invested into […]
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X, formerly known as Twitter, said Wednesday it is withholding specific accounts and posts in India, action it said the firm disagrees with, in response to executive orders issued by the Indian government. Non-compliance with the executive orders, X said, would have subjected the firm to “potential penalties including significant fines and imprisonment.” X’s Global […]
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Samsung is bringing its Galaxy AI features to more devices through a new One UL 6.1 update coming in late March, the company announced today. The features are coming to the Galaxy S23 series, S23 FE, Z Fold5 and Z Flip5, as well as Tab S9 Ultra, Tab S9+ and Tab S9. The AI features […]
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TikTok’s latest viral superstar is Reesa Teesa, a Georgia woman who posted fifty videos — just under ten minutes long a piece — chronicling her tumultuous relationship with her ex-husband. That’s over six hours of content, all about a stranger’s experience living with a compulsive liar. But millions of viewers are eating it up, clinging […]
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U.S. healthcare technology giant Change Healthcare has confirmed a cyberattack on its systems. In a brief statement, the company said it was “experiencing a network interruption related to a cyber security issue.” “Once we became aware of the outside threat, in the interest of protecting our partners and patients, we took immediate action to disconnect […]
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A spacecraft containing pharmaceutical drugs that were grown on orbit has finally returned to Earth today after more than eight months in space. Varda Space Industries’ in-space manufacturing capsule, called Winnebago-1, landed in the Utah desert at around 4:40 p.m. EST. Inside the capsule are crystals of the drug ritonavir, which is used to treat […]
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Microsoft, Amazon and Meta are among the top brands whose apps are available on the Indian fintech PhonePe’s Indus Appstore, an app store for the Android mobile operating system, launched Wednesday in challenge to Google’s monopoly in its largest market by users. Indus Appstore supports 12 regional languages and features over 200,000 apps — including […]
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Of the professions in danger of being replaced by AI, language teacher is certainly up there. That’s not necessarily because it’s a good idea. AI, some employers have decided — including Duolingo, recently — is a reasonable enough stand-in for human experts when it comes to language instruction. Despite the fact that AI-translated text tends […]
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A sweeping law enforcement operation led by the U.K.’s National Crime Agency this week took down LockBit, the notorious Russia-linked ransomware gang that has for years wreaked havoc on businesses, hospitals, and governments around the world. The action saw LockBit’s leak site downed, its servers seized, multiple arrests made, and U.S. government sanctions applied in […]
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Uber, along with partners Mitsubishi Electric and autonomous robotics startup Cartken, are launching a service in Japan that will use self-driving sidewalk robots to deliver food to customers. The companies announced that the service offered through the Uber Eats app will launch in a select part of Tokyo by the end of March. An Uber […]
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Amazon is preparing to make another attempt to break into India’s fast-growing fashion and lifestyle e-commerce sector, setting up a battle with rival Flipkart, owned by Walmart, Reliance’s Ajio and SoftBank-backed upstart Meesho. The e-commerce giant plans to launch a “special store,” called Bazaar, where it will not levy any “extra charges” to sellers offering […]
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Byju’s says its recently launched $200 million rights issue has been fully-subscribed, but the startup’s founder urged some of its major investors to participate amid a rift between the edtech group and some of its largest shareholders. The Bengaluru-headquartered startup, valued at $22 billion in its last financing round in early 2022, announced last month […]
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It’s 2024. All smartwatches should offer multiple days of battery life, full stop. As things stand now, there’s a jaw-droppingly wide range across the devices. I would go so far as to say that limited battery has been — and continues to be — the single biggest issue with the Apple Watch. The Series 9 […]
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The House of Representatives has founded a Task Force on artificial intelligence that will “ensure America continues leading in this strategic area,” as Speaker Mike Johnson put it. But the announcement feels more like a punt after years of indecision that show no sign of ending. In a way this task force — chaired by […]
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Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Shan-Lyn Ma, the co-founder and CEO of Zola, an online platform for wedding planning and gift registries. Ma talked about why she decided to launch the business after trying to buy a gift for a […]
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Walmart-backed PhonePe is set to launch its Android app store this week with zero commission for in-app purchases for developers. The app store is based on Indus OS’ tech, a company that PhonePe acquired in 2021. In this story, we are going to take a look at why developers are pushing for an alternative store […]
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FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch. The move signals FairMoney’s interest in growing its customer base by expanding into more […]
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A coalition of international law enforcement agencies, including the FBI and the U.K.’s National Crime Agency, have disrupted the operations of the prolific LockBit ransomware gang. LockBit’s dark-web leak site — where the group publicly lists its victims and threatens to leak their stolen data unless a ransom demand is paid — was replaced with […]
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If you’ve ever traveled in rural areas in France, you may have realized a French peculiarity. Even in the seemingly less populated towns, there’s a hair salon. French startup Planity has been taking advantage of France’s love affair with hair salons to launch a SaaS product for these businesses in particular. Over time, the company […]
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In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Terms of the deal were undisclosed, but the acquisition price was in the high single millions and composed of cash and stock. […]
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TechTaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of funding from a sole investor, Altos Ventures. The outfit helps e-commerce sellers manage the supply chain, from warehousing, order packing and shipping, so that TechTaka users […]
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The European Union is formally investigating TikTok’s compliance with the bloc’s Digital Services Act (DSA), the Commission has announced. Areas the Commission are focusing on in this investigation of TikTok are linked to the protection of minors, advertising transparency, data access for researchers, and the risk management of addictive design and harmful content, in said […]
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Partech has closed its second Africa fund, Partech Africa II, at €280 million ($300 million+), just one year after reaching its first close. At that size, Partech Africa, which originally targeted €230 million before its fundraising efforts started, solidifies its position as the largest fund dedicated to African startups. Amidst a backdrop of global VCs […]
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Over 150 investors, including Singapore’s sovereign fund Temasek and Malaysia’s Khazanah, gathered at Mumbai’s five-star Trident Oberoi hotel on a recent Friday for venture firm Lightspeed India Partners’ “Lift Off” summit. The two-day event aims to spark partnerships by enabling “in a short window, many views, ideas and investments to be shared between nC2 connections […]
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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 — your central hub for news and insights on the future of transportation. This week’s news includes a BMW security […]
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The company made advancements in its proprietary dairy seed system to leverage interactions between recombinant dairy casein and native plant proteins, with or without improved fatty acid profiles.
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With Twilio under pressure from activist investors, it's looking at whether to sell Segment, the company it bought in 2020 for $3.2 billion.
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To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish several pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more […]
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Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at a new finance-based dating app, Robinhood’s earnings results and the startup in which PayPal Ventures made its first investment. Let’s dive in! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m. […]
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Few categories are as ripe for automation-fueled disruption as construction. The industry is valued at around $2 trillion a year, in the U.S. alone. Much of that work is strenuous, repetitive and sometimes dangerous — precisely the sorts of problems industrial robotics are built to solve. The other thing construction brings is a wide range […]
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Welcome, folks, to Week in Review (WiR), TechCrunch’s regular newsletter covering noteworthy happenings in the tech industry. This week, OpenAI stunned the blogosphere with the release of Sora, a new AI model that can generate videos in impressively high fidelity. We’ve seen video generators before. But what makes Sora unique is its understanding of time […]
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For many organizations and startups, 2023 was a rough year financially, with companies struggling to raise money and others making cuts to survive. Ransomware and extortion gangs, on the other hand, had a record-breaking year in earnings, if recent reports are anything to go by. It’s hardly surprising when you look at the state of […]
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Almost a year ago, Alphabet’s growth stage venture arm, CapitalG, named partner Laela Sturdy as its new head, just as the unit’s founder, David Lawee, stepped down. Few were surprised Sturdy was promoted to the post. She joined Google in 2007 in a marketing role, was pulled into a number of departments in the following […]
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Amazon alleged in a legal filing published Friday morning that the National Labor Relations Board (NLRB) is unconstitutional. SpaceX and Trader Joe’s — companies that, like Amazon, have repeatedly faced labor law violations from the federal agency — have recently made similar attacks that threaten national worker protections. This is just Amazon’s latest attempt to block union organizing […]
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Managing a social presence these days can be tough. It’s even tougher for those who are experimenting with the new wave of Twitter-like services, like Mastodon, Nostr, and Bluesky, where staying active means a lot of duplicate posts to different networks. Thankfully, developers are starting to address our needs for cross-posting tools. In addition to […]
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A coalition of more than two dozen digital and democratic rights groups, NGOs and not-for-profits, including noyb and Wikimedia Europe, have written to the European Union’s regulatory body for data protection urging it to reject a tactic that’s been controversially seized upon by Meta in its latest bid to circumvent the bloc’s privacy laws. If […]
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Over the past few decades, extreme weather events have not only become more severe, but are also occurring more frequently. Neara is focused on enabling utility companies and energy providers to create models of their power networks and anything that might affect them, like wildfires or flooding. The Redfern, New South Wales, Australia-based startup recently […]
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Rocket Lab is exploring possible applications for a satellite constellation that they would build, launch and operate in-house, similar to SpaceX’s Starlink business, as a way of generating recurring revenue, an executive said this week. “If you look to where we ultimately want to go, in a lot of ways we want to emulate what […]
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OpenAI’s new — and first! — video-generating model, Sora, can pull off some genuinely impressive cinematographic feats. But the model’s even more capable than OpenAI initially made it out to be, at least judging by a technical paper published this evening. The paper, titled “Video generation models as world simulators,” co-authored by a host of […]
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Spurred by the growing threat of deepfakes, the FTC is seeking to modify an existing rule that bans the impersonation of businesses or government agencies to cover all consumers. The revised rule — depending on the final language, and the public comments that the FTC receives — might also make it unlawful for a GenAI […]
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After disclosing better-than-expected financial results in its fourth quarter earnings report, U.S.-based Coinbase has big plans. The second largest crypto exchange told its investors that intends to lean heavily on its work with the popular USDC stablecoin this year, lever its recently launched layer-2 blockchain Base as a way to experiment with and improve blockchain […]
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Few joys in this cold world can match cracking open a new comic on a lazy Sunday morning. Nothing to do, nowhere to be — just you, a mug of coffee and some sequential art. Not much has fundamentally changed about the American comic book since publishers began collecting newspaper strips as bound volumes in […]
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There’s been many attempts at open source AI-powered voice assistants (see Rhasspy, Mycroft and Jasper, to name a few) — all established with the goal of creating privacy-preserving, offline experiences that don’t compromise on functionality. But development’s proven to be extraordinarily slow. That’s because, in addition to all the usual challenges attendant with open source […]
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In 2017, “new retail” began appearing in Alibaba’s earnings reports. Coined by the Chinese e-commerce behemoth, the term refers to the seamless integration of online and offline retail. Six years later, Alibaba is having a moment of reckoning with this strategy as it looks to offload some of its offline retail assets. On its recent […]
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