Indonesia has banned sales of Google Pixel smartphones for failing to meet domestic content requirements, days after blocking Apple’s iPhone 16 in Southeast Asia’s largest phone market. The Ministry of Industry said Google’s phones cannot be traded until they comply with rules requiring 40% local content in smartphones sold in Indonesia. Google must obtain local […]
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A Philadelphia judge ordered X CEO Elon Musk to appear in a hearing Thursday morning over his super PAC’s plan to award $1 million a day to voters in key battleground states. But Musk skipped his courthouse appointment after the same judge granted a request to transfer the case from Pennsylvania state to federal jurisdiction. […]
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Hello, and welcome back to TechCrunch Space. TechCrunch Disrupt 2024 is a wrap, and I’m more than thrilled by the amazing space industry programming we had on offer this year. We covered everything from building a dual-use business to orbital re-entry, we caught up with Rocket Lab’s Peter Beck, and heard about the ground station […]
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Amazon CEO Andy Jassy today hinted at an improved, “agentic” version of the company’s Alexa assistant — one that could take actions on a user’s behalf. “I think that the next generation of these assistants and generative AI applications will be better at not just answering questions and summarizing, indexing, and aggregating data, but also […]
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America’s supply chain vulnerabilities were on full display Thursday after drone manufacturer Skydio told customers it was facing a battery squeeze after being hit with sanctions from China. “This is an attempt to eliminate the leading American drone company and deepen the world’s dependence on Chinese drone suppliers,” Skydio CEO Adam Bry said in a […]
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Decart, an Israeli AI company that emerged from stealth today with $21 million in funding from Sequoia and Oren Zeev, has released what it’s claiming is the first playable “open-world” AI model. Called Oasis, the model, which is available for download, powers a demo on Decart’s site: a Minecraft-like game that’s generated on the fly, […]
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Smart ring maker Oura on Thursday announced that it has acquired Sparta Science, a Bay Area-based health tracking startup. TechCrunch spoke to Sparta back in 2018 at the offices of Playground Global, a key investor. The deal marks Oura’s third acquisition in two years. The company purchased digital identity platform, Proxy, in May 2023. This […]
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Former NFL quarterback and civil rights activist Colin Kaepernick took the stage at TechCrunch Disrupt 2024 on Wednesday to talk about the challenges that people who want to disrupt something are facing — both inside and outside of the tech world. “One of the biggest challenges that you will likely face when you try to […]
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Autonomous vehicle technology startup Aurora Innovation is targeting April 2025 for commercial deployment of its autonomous trucks, pushing its timeline back by about a quarter. The company had originally planned to launch by the end of 2024. The company said it delayed the launch so it can continue to validate its self-driving technology. “While this […]
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Over the last three days, 20 startups participated in the incredibly competitive Startup Battlefield at TechCrunch Disrupt. These 20 companies were selected as the best of the Startup Battlefield 200 and competed for a chance to take home the Startup Battlefield Cup and $100,000. After three days of intense pitching, we have a winner. The […]
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Perplexity’s CEO, Aravind Srinivas, wouldn’t say how Perplexity defines “plagiarism” in an on stage interview with Devin Coldewey at TechCrunch’s Disrupt 2024 conference. It’s a touchy subject. News Corp’s Dow Jones and the New York Post have sued Perplexity over what they describe as a “content kleptocracy.” Many other news sites have expressed concerns that Perplexity closely replicates their […]
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More than 500 Amazon employees sent a letter on Wednesday to AWS CEO Matt Garman, urging the executive to reverse the company’s full return-to-office policy, Reuters reports. In September, Amazon asked employees to come back to the office five days a week starting in 2025. The AWS CEO previously told employees that nine out of […]
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The trend of big touchscreens in cars has left many yearning for the not-so-distant days when most user interactions happened with physical buttons. But Rivian’s chief software officer Wassym Bensaid believes using buttons in a car is an “anomaly.” “It’s a bug. It’s not a feature,” Bensaid said Wednesday at TechCrunch Disrupt 2024. “Ideally, you […]
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AI models are struggling to accurately answer election-related questions in Spanish. That’s according to a new study from the AI Democracy Projects, a collaboration between Proof News, fact-checking service Factchequeado and the Institute for Advanced Study in San Francisco. The study found a sharp disparity between the factuality of English- and Spanish-language responses produced by five […]
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Zoox co-founder and CTO Jesse Levinson doesn’t believe Tesla will launch a robotaxi ride-hailing service in California (or anywhere else) next year despite what Elon Musk recently claimed. The “fundamental issue is they don’t have technology that works,” Levinson said Wednesday at TechCrunch Disrupt 2024. “And by works, I want to differentiate between a driver […]
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Swiggy, one of India’s largest food delivery and quick commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to rival Zomato’s market cap. The lossmaking Bengaluru-based company has set an IPO price band of ₹371 to ₹390 ($4.41-$4.64) per share for next month’s IPO. […]
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Elon Musk-owned social network X made changes to its API pricing and limits today and also announced annual plans with a discounted rate. The company raised the prices of the basic API tier from $100 to $200 and said it would introduce higher limits and new endpoints for this subscription plan. In a post on […]
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Pan-African venture capital firm Janngo Capital has closed its oversubscribed second fund at €73 million ($78 million), 20% more than its target of €60 million (~$63 million). In 2022, Janngo Capital reached the first close of its second fund at €26 million, receiving capital from several limited partners, including the African Development Bank Group (AfDB) […]
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Meesho has become India’s first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has long remained elusive even as new competitive threats emerge. The SoftBank and Prosus-backed startup, which serves customers in smaller Indian cities and towns, reported positive operating cash flow of ₹232 crores ($27.6 […]
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The time has finally come to announce the five finalists of the Startup Battlefield. It all started earlier this year when the TechCrunch editorial team selected 200 companies from thousands that applied. From there, the team then chose the 20 finalists who pitched this week onstage at TechCrunch Disrupt 2024 to investor judges and packed […]
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iPod creator, Nest Labs founder, and investor Tony Fadell took a shot at OpenAI CEO Sam Altman on Tuesday during a spirited interview at TechCrunch Disrupt 2024 in San Francisco. Speaking about his understanding of the longer history of AI development before the LLM craze and the serious issues with LLM hallucinations, he said, “I’ve […]
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“I never thought the propulsion of a vehicle would become a political issue,” GM Chairman and CEO Mary Barra said on stage at TechCrunch Disrupt on Tuesday. While the executive didn’t expand on this statement, former President Trump has railed against EVs and claimed, wrongly, that there is a mandate to make and sell electric […]
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Join us as we discuss the multi-cloud landscape and learn how Kentik leverages AI and network visibility to help you run cloud – and your entire hybrid estate – in the most cost-efficient way possible. Hear about Kentik’s partnership with Golub Growth, which is driving innovation and enhancing their platform, and learn more about the […]
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Tony Fadell, the father of the iPod and founder of Nest, took the stage at TechCrunch Disrupt 2024 on Tuesday to talk about how building the next generation of deep tech startups requires mission-driven a**holes. The entrepreneur and investor did not hold back on stage as he called out Silicon Valley for its entitlement and […]
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The rise of modern AI applications has put a renewed emphasis on the importance of the data that underpins them. But simply having data isn’t enough, you also need the tools to manage it, secure it and build the pipelines to let it flow between applications.Watch as we talk to Datastax Chairman & CEO, NEA […]
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Ashton Kutcher, co-founder of Sound Ventures, believes that every company is going to become an AI company, but that there might not be a winner in the space. The actor and investor spoke at TechCrunch Disrupt 2024 on Tuesday alongside Sound co-founder Guy Oseary and partner Effie Epstein to detail what the firm is looking […]
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MRIs are an indispensable tool for surgeons, though the technology certainly has its limitations. Take, for instance, surgeons using the machines to guide their procedures. The current process entails putting the patient into a machine to get an image, before pulling them out to advance a needle one centimeter at a time. It’s a time-consuming […]
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Ashton Kutcher’s VC firm, Sound Ventures, co-led by general partners Guy Oseary and Effie Epstein, is betting on AI — including with an investment in Fei-Fei Li’s World Labs, the investors confirmed on stage at TechCrunch Disrupt 2024 on Tuesday. The startup, founded by Li, the Stanford professor dubbed the “Godmother of AI,” has already […]
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It looks fake, or at least like a good illusion: There’s Gecko Materials founder Capella Kerst dangling a full wine bottle from her pinky finger, the only thing keeping it from smashing to pieces being the super-strong dry-adhesive her startup has brought to market. But it’s no trick. It’s the result of years of academic […]
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A new startup setting out to combat the scourge of deepfakes and spoofed evidence in the age of AI is showing off its wares on the Startup Battlefield stage at TechCrunch Disrupt 2024 this week. ForceField is building a set of “patent-pending” APIs dubbed MARQ, the first of which is designed to authenticate content. For […]
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ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies. That growth has propelled OpenAI itself into […]
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OpenAI is reportedly working with TSMC and Broadcom to build an in-house AI chip — and beginning to use AMD chips alongside Nvidia’s to train its AI. Reuters reports that OpenAI has — at least for now — abandoned plans to establish a network of factories for chip manufacturing. Instead, the company will focus on […]
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After rolling out the trending topics feature in the U.S. earlier this year, Threads is now testing out the feature in Japan. “Lots of folks outside the US have been asking for the “Trending Now” feature, and we’re working on bringing it to more countries. This week, we’ll begin testing the feature in Japan with […]
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Google’s Africa Investment Fund is a new investor in African fintech Moniepoint, which just closed $110 million in new financing. The Series C round, which involved an equity sale, per Bloomberg, was led by Development Partners International’s African Development Partners (ADP) III fund. Other investors, including African private equity firm Verod Capital and global impact […]
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Fixing the climate crisis is a vast, world-sized puzzle. But one particularly large piece of this ginormous conundrum is construction and real estate — which collectively amount for around 40% of global greenhouse gas emissions. Enter Munich-based data startup Emidat, which has built a software platform for automating the generation of validated Environmental Product Declaration […]
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It might not be the sexiest of subjects, but facilities management is central to any business that has a physical premises — the bigger that footprint becomes, the more complex it gets. Portuguese startup Infraspeak has set out to address that with an all-in-one platform that gives facility managers and associated service providers insights and […]
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The India unit of gaming firm Krafton has backed IMM Investment’s maiden India fund as an anchor limited partner as the battle royale BGMI-maker broadens its investment bets in the South Asian market. Seoul-based IMM Investment, an early backer of Krafton and roughly half of South Korea’s unicorn startups, has made the first close for […]
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Vinod Khosla has no doubts that humanity’s future with AI is bright. The Sun Microsystems co-founder turned prominent investor predicts that “the need to work will go away” almost entirely thanks to AI. “Almost all expertise, it doesn’t matter whether you’re talking about primary care physicians, mental health therapists, oncologists, structural engineers or accountants […]
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Europe has a new lobbying body, one with a self-stated mission to “improve competition, transparency, and resilience” in the cloud computing sector. The Open Cloud Coalition (OCC) counts 10 members at launch, the most notable one being Google, supported by cloud providers spanning international and local markets including Centerprise International, Civo, Gigas, ControlPlane, DTP Group, […]
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Oversubscribed Ventures co-founder Sara Foster (above right) made a confession on stage on Monday at TechCrunch Disrupt 2024. “I don’t even have ChatGPT on my phone,” she said. It’s an unexpected comment from an investor, given that ChatGPT is arguably the most influential product to launch this decade. But what makes the Foster sisters different […]
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In the summer of 2020, a fire broke out onboard a naval ship docked in San Diego Bay. For more than four days, the USS Bonhomme Richard burned as helicopters dropped buckets of water from above, boats spewed water from below, and firefighters rushed onboard to control the blaze. Before the embers had even cooled, […]
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For anyone who parties or goes out dancing, the risk of accidentally taking adulterated drugs is a real one. MabLab, presenting today on the Startup Battlefield stage at TechCrunch Disrupt 2024, has created a testing strip that detects the five most common and dangerous additives in minutes. Co-founders Vienna Sparks and Skye Lam met in […]
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Storied investor Vinod Khosla, founder and partner at Khosla Ventures, and more recently one of the first checks into OpenAI veered off topic during a Monday interview at TechCrunch Disrupt 2024 focused on the future of AI. After talking about AI’s future and risks, he took a moment to deliver a stringent warning about the […]
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VRTL founder Courtney Jeffries describes herself as a “recovering sports executive.” “That was my entire career before I threw it away to chase down my startup dreams,” Jeffries told TechCrunch. After playing softball at the University of Washington, she spent almost 20 years working in marketing and sales for teams like the Oakland Raiders and […]
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Data is pretty much everything when it comes to training AI systems, but accessing enough data to produce quality products that live up to their promise is a major challenge, even for companies with the deepest of pockets. This is a problem that Advex AI is setting out to address, using generative AI and synthetic […]
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The European cloud wars are heating up. Microsoft has accused its old foe Google of waging a clandestine war against the Azure cloud company, to curry favor with policymakers and antitrust authorities in Europe. In a blog post today, Microsoft deputy general counsel Rima Alaily pre-empted the imminent launch of a new lobby group called […]
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If you’ve ever struggled to explain a scene from your favorite Netflix series or movie to a friend because you couldn’t find the clip online, the streamer just came up with a solution. Netflix launched on Monday a new clipping feature called “Moments” on its iOS app, letting you quickly save your favorite scenes. Now, […]
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A few months after acquiring equity management company Easop, Remote, an HR platform for managing geographically distributed teams, is doubling down on its focus on managing equity compensation with a new product, Remote Equity. Remote already makes it easy for companies to work with talent all around the globe. Companies can hire workers based anywhere […]
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Elon Musk-owned xAI has added image-understanding capabilities to its Grok AI model. With that, paid users on X social platform can upload an image and ask the AI chatbot questions about it. One of the xAI employees and the official Grok handle posted about this update on X. In a separate post, Musk said that […]
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This story has been updated throughout with more details as the story has developed. We will continue to do so as the case and dispute are ongoing. The world of WordPress, one of the most popular technologies for creating and hosting websites, is going through a very heated controversy. The core issue is the fight […]
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Paris-based startup Filigran is fast becoming the next cybersecurity rocketship to track: The company just raised a $35 million Series B round, only a few months after it raised $16 million in a Series A round. Filigran’s main product is OpenCTI, an open-source threat intelligence platform that lets companies or public sector organizations import threat […]
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Indian fintech startup Slice has completed its merger with North East Small Finance Bank, marking a rare instance of a startup successfully entering India’s tightly regulated banking sector. The merger, first proposed last year, transforms the Bengaluru-based startup into a banking entity, following months of regulatory scrutiny that has reshaped India’s fintech landscape. Slice, which […]
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The popularity of an Instagram video can affect its actual video quality: According to Adam Mosseri (the Meta executive who leads Instagram and Threads), videos that are more popular get shown in higher quality, while less popular videos get shown in lower quality. In a video (via The Verge), Mosseri said Instagram tries to show […]
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Mariam Naficy, the founder of cosmetics retailer Eve and design marketplace Minted, has a long history of supporting independent artists and helping them sell their products. Her latest venture, Arcade AI, is a new type of marketplace that puts creative control directly into the hands of users. The generative AI platform, which launched its beta […]
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Jon McNeill — a former Tesla and Lyft executive and current CEO at DVx Ventures — spread the word last week at the World Business Forum on what he calls the “Tesla innovation method” of radical simplification. After his presentation, we sat down to chat about Tesla’s automation goals, its new robotaxi, and why building […]
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While many venture investors, and likely their LPs, were hoping IPOs were going to come back in 2024, that hasn’t happened and isn’t likely to in the next two months. NASDAQ CEO Adena Friedman isn’t surprised. Friedman said at Axios’s BFD event on Tuesday that while on paper the public markets have been experiencing a spectacular year […]
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Software engineers, developers, and academic researchers have serious concerns about transcriptions from OpenAI’s Whisper, according to a report in the Associated Press. While there’s been no shortage of discussion around generative AI’s tendency to hallucinate — basically, to make stuff up — it’s a bit surprising that this is an issue in transcription, where you’d […]
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Welcome back to Week in Review. This week, we’re looking at OpenAI’s reported plans for its next AI model; a buzzy new messaging app that’s a hit with Gen Z; and Tim Cook discovering that you can name a group chat in iMessage. Let’s get into it. The Verge noted this week that OpenAI is […]
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A federal jury ruled Friday that Masimo smartwatches infringed Apple patents, but Apple isn’t getting a big payday. Bloomberg Law reports that the company was only seeking the statutory minimum of $250, and that’s all it was awarded. Apple’s attorney John Desmarais reportedly told jurors, “We’re not here for the money.” Instead, he said the […]
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McDonald’s ice cream machines have developed a lousy reputation for being broken when you visit the restaurant, largely due to strict copyright laws that only permit specially licensed technicians to legally repair them. The manufacturers have to license each technician, and they put locks on the McFlurry machines to prevent others from repairing them. However, […]
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The NAACP announced today NAACP Capital, a $200 million fund of funds to back fund managers focused on issues that impact people of color. The fund was conceived in partnership with Kapor Capital and Kapor Center, along with nine other venture fund managers. Last year, Crunchbase found that Black founders raised less than 1% of […]
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Elon Musk occasionally posts clips of his video game plays to his social media platform X — but a recent clip includes background audio of a SpaceX engineer telling Musk how the most recent Starship flight test was “one second away” from an abort. The clip, posted on Friday, was caught by Reuters’ Joey Roulette on […]
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Several startups announced new rounds this week without disclosing their valuation. This doesn’t mean that these were down rounds, but rather it confirms that our collective focus […]
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Rental car startup Kyte, which bills itself as the “best alternative to Hertz,” is pulling out of almost all of its major markets in the United States and has cut its workforce roughly in half in a bid to survive after exploring a sale earlier this year. The company is shrinking its operations to focus […]
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Crypto critic Molly White received emails from a purported lawyer and someone working for a “reputation management company” offering bribes in exchange for the takedown of a blog post about the arrest of an alleged crypto fraudster.
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We’d like to thank SAP for their support. Make sure to catch their Roundtable session: “Visionary Companies Embrace Innovation to Thrive in the Fast-Paced Economy” on Tuesday and Wednesday. Speakers from The Webby Awards and Silicon Zombies will be on panels at TechCrunch Disrupt 2024 Breakout sessions, and we thank those companies for their support. […]
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In the decades following its 1958 release, Brenda Lee’s rockabilly-tinged “Rockin’ Around the Christmas Tree” has attained status as an all-time holiday classic. Sixty-six years later, it’s getting a Spanish language rework courtesy of “responsible” AI. Universal on Friday announced the release of “Noche Buena y Navidad,” which utilized SoundLabs AI’s MicDrop technology to reconstruct […]
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The war in Ukraine has shown that warfare changes by the day. It’s also clear that the tech used to make war today is costly: While larger countries can afford legions of tanks, helicopters, and precision-strike systems, smaller nations find themselves scrambling for cheaper ways to defend themselves. Origin, a new defense tech startup out of […]
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YouTube is bringing its affiliate program to India so creators can tag products in their videos and earn referral money just ahead of the festive season. The company is partnering with Walmart-owned Flipkart and fashion and lifestyle e-commerce service Myntra, which is owned by Flipkart to open up their product catalogs to creators. The company […]
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Google said Wednesday that it is revamping the Google Calendar’s web interface following the Material Design 3 guidelines. The update also includes support for dark mode. The updated elements include controls like button, dialogs, and a sidebar that are more “modern and accessible.” according to the company. Screenshots on the Google Workspace blog suggest that […]
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OpenAI is reportedly planning to release its next frontier AI model, codenamed Orion inside the company, by December of this year, The Verge reported on Thursday. Unlike previous releases, the company reportedly plans to release the model gradually to trusted partners before a broader rollout through ChatGPT. An OpenAI spokesperson tells TechCrunch the report is […]
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When Kat and Mike Stickler divorced, their biggest challenge was dividing a shared TikTok account with millions of followers that generated significant income, and they aren’t alone, reports the WSJ. A growing number of couples — and divorce attorneys — are grappling with how to assess the value of social media accounts when a couple […]
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Scout Motors, the Volkswagen Group spinoff, unveiled Thursday two EVs it hopes will hook American customers with modern-meets-rugged styling that downplays digital and embraces the mechanical. The catch? The company will also offer variants to its all-electric Scout Traveler SUV and Scout Terra Truck that will come equipped with a built-in gas-powered generator using a system […]
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Blue Origin’s carried out a successful uncrewed certification mission of its second New Shepard ship on Wednesday, as the company looks to effectively double the number of tourists it can fly to suborbital space and back. The RSS Kármán Line capsule is named for the imaginary boundary at 100 kilometers of altitude separating the atmosphere […]
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Don’t count out Astra Space just yet. The company, which was taken private again earlier this year for a sliver of its former value, has landed a new contract with the Defense Innovation Unit (DIU) to support the development of a next-gen launch system for time-sensitive space missions. The contract, which the DIU awarded under […]
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Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $200 million of its shares of common stock, per a regulatory filing. Joby said it will use the proceeds from the raise — together with its existing cash — to fund its certification and manufacturing efforts, prepare […]
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Notion, as my colleagues at TechCrunch scooped earlier Thursday, is announcing an email client at its first “Make with Notion” user conference. For now, Notion Mail is in preview, and at least for the time being, it’s more of a Gmail client than a traditional email service. The idea here, Notion says, is to build […]
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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Hey all, I’m back after a trip that mostly involved getting around on my own two feet. But one little, perhaps somewhat obvious observation from my time […]
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We’re excited to announce that Matt Mullenweg, co-founder of the popular blogging platform WordPress, will be taking the Disrupt Stage at TechCrunch Disrupt 2024. When Mullenweg first started working on WordPress, he was a 19-year-old jazz enthusiast and photographer in Texas who noticed the blogging software that he used had been stagnating — so he […]
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Gut health isn’t the most glamorous of topics, but as many as 1 in 10 people regularly suffer from gastric symptoms like nausea, bloating, or cramping after eating. Figuring out exactly what’s causing stomach misery is not easy without invasive tests. But New Zealand-based startup Alimetry has developed a wearable device that can speed up […]
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Lithuania’s Vinted has secured a new valuation of €5 billion (around $5.4 billion at current exchange rates), after the second-hand fashion marketplace closed a secondary share sale worth €340 million ($367 million). The transaction was led by private equity giant TPG, with other new participants including Baillie Gifford, FJ Labs, Hedosophia, Invus Opportunities, Manhattan Venture […]
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AI-focused search startup Perplexity launched its native Mac app today to compete with other AI apps like OpenAI’s ChatGPT and Quora’s Poe app — the latter aggregates different large language models. Perplexity had teased the app earlier this month and asked users to sign up for pre-orders so they get a notification when the app […]
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Bad news for Microsoft-owned LinkedIn in Europe where it has been reprimanded and fined €310 million for privacy violations related to its tracking ads business. The administrative penalties, which are worth around $356 million at current exchange rates, have been issued by Ireland’s Data Protection Commission (DPC) under the European Union’s General Data Protection Regulation […]
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A €1.06 billion EU antitrust penalty on chipmaker Intel for abuse of dominance dating back to 2009 (when it was equivalent to $1.45 billion) has been consigned to the history books after the bloc’s top court rejected the Commission’s appeal against a 2022 lower court ruling that annulled the sanction. “The Court of Justice dismisses […]
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Spotify in July started letting listeners comment on podcast episodes on the app, and the company is now rolling out a new set of controls to help podcasters manage and moderate comments. When comments were first launched, podcasters initially had to review comments and publish them. Now, the platform has added a configurable auto-moderation tool […]
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The Raspberry Pi AI HAT+ comes in 13 and 26 tera-operations per second (TOPS) variants, retailing at $70 and $110 respectively.
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Upflow, a French startup we’ve been covering for quite a while, originally focused on managing outstanding invoices. The company is now announcing a shift in its strategy to become a B2B payment platform with its own payment gateway to complement its accounts receivable automation solution. Like many software-as-a-service products, Upflow started by building a central […]
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Nvidia unveiled a series of new partnerships with Indian tech firms and data center providers on Tuesday, as the world’s most valuable chip company expands its AI push in the world’s most populous nation. The partnerships span cloud services firm tech consultancy giant Infosys, e-commerce giant Flipkart, software firm Zoho and Tech Mahindra that are […]
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When it comes to privacy nightmares, Pinterest is unlikely to be the first social app that springs to mind. But the visual discovery engine’s use of tracking ads is the target of the latest complaint from European privacy rights non-profit noyb, which accuses it of breaching the bloc’s General Data Protection Regulation (GDPR) by failing […]
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With TechCrunch Disrupt 2024 just days away, we’re gearing up for an incredible three-day event packed with interactive sessions! From October 28-30 at Moscone West in San Francisco, dive into Q&A conversations with a panel of industry experts around the most pressing issues and cutting-edge tech trends to help empower your growth. Don’t miss your […]
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X revenue in India plummeted 89.8% to $2.51 million in the financial year ending March, according to regulatory filings from the Elon Musk-owned social network. The company, which had posted revenue of $24.7 million in the previous fiscal year, also significantly reduced its expenses in India to $2.2 million from $20 million year-over-year, the filing […]
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Elon Musk said he hopes to launch a service that will let people hail self-driving Tesla vehicles in California and Texas sometime in 2025 — and claims his company has already been testing the service in the Bay Area with employees. The comments, made Wednesday on Tesla’s third-quarter earnings call, go farther than what Musk […]
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New VC firm Chemistry raised $350 million for its debut fund, Forbes reported on Wednesday. The firm was launched by Mark Goldberg, former partner at Index Ventures; Kristina Shen, former general partner at Andreessen Horowitz; and Ethan Kurzweil, former partner at Bessemer (pictured above in that order). Axios first reported in April that the three […]
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The Space Development Agency has selected 19 companies to compete for future contracts under a new program designed to rapidly onboard new contractors for defense demonstration missions. These companies have essentially been preapproved to bid on future prototype missions to support the SDA’s Proliferated Warfighter Space Architecture, a massive planned satellite constellation in low Earth […]
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In 2023, Boox turned heads with the Palma. The device blurred the line between e-readers and smartphones, by combining e-paper with Android. The initial pitch was something along the lines of a phone-sized Kindle that’s small enough to slip into a pocket. The product would be enticing for many if that were the only thing […]
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In a move that could profoundly affect an already beleaguered global supply chain, Arm has reportedly issued Qualcomm a 60-day notice of cancelation for chip design licensing. The move, reported by Bloomberg, would have an impact on a majority of smartphone manufacturers who rely on Qualcomm chips. U.K.-based Arm, which licenses chip architecture, issued the […]
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Buzzy, well-funded U.K. startup Wayve is starting to test its self-learning automated driving software in San Francisco, and it’s celebrating that entry into the U.S. by also opening an office in Sunnyvale, CA. Wayve says it will start by testing a more limited version of its automated driving system — which is self-learning versus rules-based, […]
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Apple on Wednesday released developer betas iOS 18.2, iPadOS 18.2, and macOS Sequoia 15.2, delivering new Apple Intelligence features including Genmoji, Image Playground, Visual Intelligence, Image Wand, and ChatGPT integration. The software updates arrive the week before the public release of OS 18.1, iPadOS 18.1, and macOS Sequoia 15.1, which brings writing tools, image cleanup, […]
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While Amazon Go helped pioneer the concept of the totally contactless store, others, like 7-Eleven and Walmart, have entered the territory. And the arena is growing, in part because several startups — such as Standard Cognition, Zippin, AiFi, Grabango, Trigo — have proliferated, offering their technology to retailers. But in Europe, Portuguese startup Sensei has […]
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Paytm, a leading Indian financial services firm, has received regulatory approval to resume adding new UPI payments users, following an eight-month restriction on many of its operations. UPI, which processes over 15 billion monthly transactions, dominates India’s online payments. Walmart-owned PhonePe and Google Pay process about 87% of UPI transactions, whereas Paytm’s market share has […]
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Welcome to TechCrunch Fintech! This week we’re looking at One Zero potentially raising $100 million, Apple Pay expanding support for loan options, and another way Stripe is making crypto a big priority for its business. If you’d like to receive the Fintech newsletter in your inbox every Tuesday, sign up here! The big story One […]
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OpenAI has hired its first chief economist: Aaron Chatterji, formerly the chief economist at the Commerce Department under President Joe Biden and a senior economist in President Barack Obama’s Council of Economic Advisers. Chatterji, who’s also a professor of business and public policy at Duke, will study AI’s economic impacts at OpenAI, leading research into how […]
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“I would be lying if I didn’t admit that I have been in a real funk these last few days over this news,” writes Foursquare founder Dennis Crowley, speaking about the company’s plan to sunset the Foursquare City Guides app later this year in favor of focusing on its check-in app Swarm. The move reverses […]
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The SEC concluded that four tech companies misled investors and minimized the damage they suffered from the SolarWinds supply chain hack.
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A supply chain hack targeting 100,000 websites was launched to redirect internet users to a massive online gambling network.
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What do the actor Kevin Bacon, the novelist Kazuo Ishiguro, the musician Robert Smith, and the journalist and historian Sidney Blumenthal have in common? They are among the 11,500 signatories of a petition against unlicensed use of creative works for AI training. “The unlicensed use of creative works for training generative AI is a major, […]
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In May, while unveiling the newest iPad at an Apple event, CEO Tim Cook wore a custom-made, one-of-a-kind pair of Nike sneakers whose decorative stitching included the words “Made on iPad.” It wasn’t just a collab between Apple and Nike. As Bloomberg reminds readers, Cook has been on Nike’s board since 2005, when Cook was […]
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As the creator economy is growing rapidly, brand partnerships remain one of the prime ways creators can earn money. Other services like link-in-bio apps with affiliate links or Pateron-like subscriptions become secondary ways to increase creators’ income. For platforms and startup, the biggest challenge remains to match brands and creators for collaboration. Berlin-based startup Passionfroot is […]
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Instagram and Threads accounts that track the private jets of celebrities – including Mark Zuckerberg, Elon Musk, Kim Kardashian, Bill Gates, Jeff Bezos, and Kylie Jenner – were suspended on Monday, according to the owner of many such accounts, Florida college student, Jack Sweeney. Links to Instagram/Threads accounts tracking the flights of former President Donald […]
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With TechCrunch Disrupt 2024 less than a week away, we’re thrilled to announce the complete list of companies behind the Side Events, set to amplify the excitement for thousands of attendees and Silicon Valley residents. From casual happy hours to insightful discussions and energizing morning runs, Disrupt Week — spanning October 26 to November 1 […]
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India's Neysa has raised $30 million in a Series A round to bolster its AI infrastructure offering.
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Hello, and welcome back to TechCrunch Space. We are insanely close to TechCrunch Disrupt — have you checked out the final agenda for the Space Stage yet!? Come hear the latest and greatest insights from top space entrepreneurs and investors. NB: If you’re wondering why last week’s TechCrunch Space didn’t include a single mention of […]
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Meta is expanding tests of facial recognition as an anti-scam measure to combat celebrity scam ads and more broadly, the Facebook owner announced Monday. Monika Bickert, Meta’s VP of content policy, wrote in a blog post that some of the tests aim to bolster its existing anti-scam measures, such as the automated scans (using machine […]
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Los Angeles is known for glitz, but there’s also a lot of grit in the air — literally. Thousands of containers are moved off and onto ships at the area’s two major ports every day, almost always transferred via pollution-spewing diesel trucks. This has made Los Angeles a hotbed for all kinds of new electric […]
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News Corp’s Dow Jones and the NY Post have sued growing AI startup Perplexity over what they describe as a “content kleptocracy.” In a lawsuit filed in New York on Monday, the media organization claimed that Perplexity engages in copyright violations on a “grand scale,” simultaneously duplicating and misrepresenting original content created by others: Its […]
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Shortly after the social marketplace Poshmark announced it would lower selling fees and increase fees for buyers, the company decided to revert to its original fee structure following outrage among sellers. In an email to sellers sent on Monday (and viewed by TechCrunch), founder and CEO Manish Chandra wrote an apology about the fee change, […]
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In August, Elon Musk’s xAI promised to make Grok, the company’s flagship generative AI model powering a number of features on X, available via an API. Now, that API has arrived — albeit a bit bare-bones at the moment. The xAI API only has a single model, “grok-beta,” priced at $5 per million input tokens […]
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On TikTok, Daze’s most popular video has been viewed 8 million times. Across TikTok and Instagram, the startup behind a new messaging app aimed at Gen Z, has seen around 48 million combined views. Pre-launch, the app’s waitlist is already bursting with roughly 156,000 signups. Driving the demand for this next-generation alternative to iMessage and […]
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A fledgling startup is setting out to become one of Europe’s first “AI compute” hyperscalers, with renewable energy playing a pivotal part in its pitch to prospective customers. The AI goldrush has spurred unprecedented demand for “compute,” which refers to the processing power, infrastructure and resources needed for tasks such as running algorithms, executing machine […]
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Indian stock trading and mutual fund startup Groww paid $159.4 million in taxes as it shifted its domicile from the U.S. back to India, the company said in a statement on Monday. Nearly a dozen Indian startups are in the process of relocating their headquarters to India from the U.S. and Singapore to better comply […]
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This story has been updated throughout with more details as the story has developed. We will continue to do so as the case and dispute are ongoing. The world of WordPress, one of the most popular technologies for creating and hosting websites, is going through a very heated controversy. The core issue is the fight […]
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AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at an $8 billion valuation, according to the Wall Street Journal. If a deal happens with those terms, it would more than double Perplexity’s valuation from its $3 billion valuation when it raised from SoftBank over the summer. The WSJ […]
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This is part of TechCrunch’s ongoing Women in AI series, which seeks to give AI-focused women academics and others their well-deserved time in the spotlight.
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Uber and Lyft need to do more to support disabled passengers, especially those who are blind or visually impaired, according to protesters who gathered outside the companies’ headquarters on October 15. Wired spoke to protesters who shared stories about drivers passing them by or refusing to let them bring their guide dogs on a ride. […]
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AI companies claim to have robust safety checks in place that ensure that models don’t say or do weird, illegal, or unsafe stuff. But what if the models were capable of evading those checks and, for some reason, trying to sabotage or mislead users? Turns out they can do this, according to Anthropic researchers. Just […]
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As founders plan for an increasingly AI-centric future, Gusto co-founder and head of technology Edward Kim said that cutting existing teams and hiring a bunch of specially trained AI engineers is “the wrong way to go.” Instead, he argued that non-technical team members can “actually have a much deeper understanding than an average engineer on […]
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Throne is an Austin-based health startup. It sells a camera. That clips onto the side of a toilet bowl. It takes pictures of your poop. Currently in beta, the system utilizes artificial intelligence to examine your dookie as a way of determining things like gut health and hydration. Turns out we have a surprising amount […]
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Toyota-backed autonomous vehicle company Pony AI has joined the list of Chinese firms going public on the U.S. stock market after a multi-year ban from Beijing on offshore capital raising. Zeekr, a luxury Chinese electric vehicle startup, debuted on the New York Stock Exchange in May, and WeRide, another AV startup, also hopes to file […]
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This story has been updated throughout with more details as the story has developed. We will continue to do so as the case and dispute are ongoing. The world of WordPress, one of the most popular technologies for creating and hosting websites, is going through a very heated controversy. The core issue is the fight […]
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This is part of TechCrunch’s ongoing Women in AI series, which seeks to give AI-focused women academics and others their time in the spotlight.
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Midjourney is planning to release an upgraded web tool that’ll let users edit any uploaded images from the web using Midjourney’s generative AI. The upgraded tool, which Midjourney CEO David Holtz said will be released “early next week,” will also allow users to retexture objects in images to “repaint” their colors and details according to […]
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Financial and security chaos at the once-pioneering genetic testing firm has intensified concerns about user data. Here's how to take action.
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SpaceX was awarded an eight-launch, $733 million contract by the U.S. Space Force on Friday, as part of an ongoing program intended to foster competition among launch providers. The award includes seven launches for the Space Development Agency and one for the National Reconnaissance Office, all anticipated to use Falcon 9s and occur no earlier […]
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Do you have $600 burning an asteroid-sized hole in your pocket? If so then the new Buzz Lightyear robot might be for you. A collaboration between Pixar and smart toy company Robosen, the new Buzz is fully loaded with over 3,000 tiny parts, 75 microchips, and 23 servo motors. It also features what Robosen calls […]
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Less than two months after Fluid Truck’s board ousted its sibling co-founders from their executive positions, the company has laid off 30% of its staff, filed for Chapter 11 bankruptcy protection, and found a potential buyer to take on the business, pending court approval, according to bankruptcy filings and information from a former employee. Fluid […]
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week brought us some exciting fundraising news from around the world, and even some exits. But if you are looking for tech IPOs, you will have […]
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How much equity in OpenAI will Microsoft get once the former becomes a for-profit company? That’s the multi-billion-dollar question — one the two parties are racing to answer ahead of a two-year deadline. The Wall Street Journal reports that both Microsoft and OpenAI have hired investment banks to negotiate Microsoft’s equity — which could be […]
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Nebius, the company formerly known as Yandex that’s now focused on cloud infrastructure for AI uses (aka “AI compute”), is to begin trading on the public markets once again — more than two years after the Nasdaq halted trading due to economic sanctions imposed in the wake of Russia’s Ukraine invasion in 2022. The Netherlands-based company […]
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Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, and that his startup, once valued at $22 billion, is now effectively worth “zero.” Speaking to a group of journalists, Raveendran said the company’s aggressive acquisition of more than two dozen startups to expand […]
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The New York Times on Thursday published a look at the “fraying” relationship between OpenAI and its investor, partner, and, increasingly, rival, Microsoft, reporting their five-year romance has cooled owing to financial pressure on OpenAI, the amount of computing power Microsoft is providing OpenAI, and disagreements between the two about ground rules. Most fascinating perhaps […]
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The startup's technology is a twist on the virtual power plant concept, in which batteries are aggregated and portions of the whole are sold off to various customers.
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AWS CEO Matt Garman has harsh words for remote workers: return to the office or quit. The Amazon executive recently told employees who don’t like the new five-day in-person work policy that, “there are other companies around,” presumably companies they can work for remotely, Reuters reported on Thursday. Amazon’s top boss, Andy Jassy, told employees […]
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Days after 159 people accepted Automattic CEO Matt Mullenweg’s offer of a six-month severance package to employees who wanted to leave, the company floated a new offer late on October 16 of a nine-month severance package to anybody who quit immediately. Employees had four hours to decide whether they wanted to take the deal. In […]
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Despite Saudi Arabia’s record of human rights abuses, some investors are warming up to investing in the country’s startups. General Catalyst is planning to invest in a Saudi Arabia-based fintech startup, Lean Technology, the firm’s first investment in the Middle Eastern nation, the Information reported. Other Saudi Arabian startups that US-based investors recently backed include […]
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Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes. The talks are reportedly in advanced stages, although nothing has been finalized. Bridge, cofounded by Coinbase alumni Zach Abrams and Sean Yu, has built an API that helps companies accept stablecoins. The pair raised $58 million from investors […]
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One of the tech industry’s biggest hype men, Salesforce CEO Marc Benioff, is psyched about AI, but points out that it hasn't cured cancer.
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Google CEO Sundar Pichai announced on Thursday that Prabhakar Raghavan, the executive in charge of the company’s search engine and ads products, is leaving his role. Longtime Google executive Nick Fox will replace Raghavan, who will now take on the role of chief technologist. “Prabhakar has decided it’s time to make a big leap in […]
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Eric Council Jr. and unnamed co-conspirators were allegedly behind the hack of the official @SECGov account on X.
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A roundup of the year's billion-dollar take-private deals in the technology sector.
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Time is ticking! We’re less than two weeks until the doors to TechCrunch Disrupt 2024 open. To ensure no one misses this highly anticipated event, we’re offering Expo+ 2-for-1 passes for the final days leading up to Disrupt 2024. Bring a friend, colleague, or family member to Moscone West in San Francisco from October 28-30. […]
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Zepto is in advanced stages of talks to raise $100 million in new investment, its third in the last six months, as the leading Indian quick commerce startup looks to rope in more domestic investors, sources familiar with the talks told TechCrunch. The Mumbai-headquartered startup, which allows customers in multiple Indian cities order grocery, office […]
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According to half a dozen sources, Accel, the global venture firm, is in advanced discussions to lead a funding round of $30 million to $40 million in Truemeds, an Indian online pharmacy that’s focused on providing customers with more affordable generic alternatives to costly branded medications. The talks are currently centered on a proposed valuation […]
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Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. “Today, a few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy,” said a Meta spokesperson […]
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Are today’s AI models truly remembering, thinking, planning, and reasoning, just like a human brain would? Some AI labs would have you believe they are, but according to Meta’s chief AI scientist Yann LeCun, the answer is no. He thinks we could get there in a decade or so, however, by pursuing a new method […]
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Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. The layoffs appear to have hit employees working on Threads, recruiting, legal operations, and design, among other teams, according to social media posts announcing the layoffs […]
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Back in 2011, the world held its breath after the Fukushima Daiichi nuclear plant in Japan suffered a failure of its cooling systems, in the wake of the country getting hit by a 9.0 magnitude earthquake and tsunami. The worry was not unfounded: the resulting meltdown — which spread highly radioactive material in multiple directions […]
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Apple worked with a Chinese automaker for years to design a battery system for its now-canceled car project. That’s according to Bloomberg, which reports that Apple was collaborating with BYD Co., a Shenzhen-based car company, to develop batteries using lithium iron phosphate (LFP) cells. Apple contributed engineering expertise, specifically in areas like heat management and […]
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Who among us (and by “us” I mean elder millennials) does not remember the glory days of Goldeneye deathmatches after school? It’s one experience that has been difficult to reproduce despite the march of technology — but retro gaming hardware outfit Analogue’s latest, a ground-up recreation of the N64 called the 3D, will likely be […]
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Wildfires aren’t going away, but our ability to detect and track them — and maybe catch them early enough to prevent serious damage — is getting better. OroraTech is taking a space-based approach to “wildfire intelligence,” and just raised $25 million to grow its market and cover more of the Earth. The German startup currently […]
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Fisker’s plan to liquidate its assets has been accepted by the bankruptcy court in Delaware. And with it, the issue of who should pay for labor costs associated with a pair of recalls on the bankrupt EV startup’s SUVs is finally settled. Fisker has also reached a deal with American Lease, the buyer of its […]
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Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. Last week, AWS lost a top AI exec. Matt Wood, VP of AI, announced that he’d be leaving AWS after 15 years. Wood had long been involved in the Amazon division’s AI initiatives; he was appointed […]
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Africa’s blockchain and crypto space is receiving a much-needed venture boost during a tough time for startups, some of which have retreated from specific markets or completely shut down due to issues like harsh regulatory environment, macros or downright mismanagement. The boost involves Yellow Card, the U.S.-founded crypto platform launched in Nigeria in 2019, which […]
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Soon, it’ll be easier to end recurring subscriptions and memberships — if the FTC has its way. Today, the U.S. Federal Trade Commission announced a final “click-to-cancel” rule that’ll require companies selling subscription-based products to make it “as easy for consumers to cancel their enrollment as it was to sign up.” First put forth for […]
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While most countries’ lawmakers are still discussing how to put guardrails around artificial intelligence the European Union is ahead of the pack, having passed a risk-based framework for regulating AI apps earlier this year. The law came into force in August, although full details of the pan-EU AI governance regime are still being worked out […]
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