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Tesla Q1 income falls 24% as EV price cuts squeeze profits
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At the Snap Partner Summit, one thing is clear: the company is pulling out all the stops to woo its Gen Z userbase and keep them on the platform. Like literally every other social media app, Snapchat responded to the pressure of TikTok’s massive growth by rolling out its own short form video feed and […]
Snap CEO Evan Spiegel on TikTok ban: ‘We’d love that’ by Amanda Silberling originally published on TechCrunch
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The car industry is in the midst of its biggest transformation since the first Model T rolled off the assembly line. And no, it’s not just about shifting to electric vehicles. It’s about software, which goes hand-in-hand with the EV transition. Automakers are betting that apps designed to work natively with infotainment systems, over-the-air updates, […]
Inside Hyundai’s plan to turn software into a profit machine by Patrick George originally published on TechCrunch
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Microsoft is dropping Twitter from its advertising platform next week, nearly two months after Twitter announced that it will begin charging a minimum of $42,000 per month to users of its API, which include enterprises and research institutions. Users began receiving emails about its new pricing details in early March, per a Wired report that […]
Microsoft kicks Twitter in the teeth by Connie Loizos originally published on TechCrunch
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Tomorrow’s Starship orbital flight test may well go explosively wrong, and SpaceX’s less than stellar coordination with officials responsible for overseeing debris cleanup on nearby state parks could leave them with another “substantial burden,” emails between the organizations show. Starship’s upcoming test does not have a very high probability of success, according to SpaceX CEO […]
Another Starship explosion would be bad news for nearby park managers by Aria Alamalhodaei originally published on TechCrunch
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Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Meta is dismissing around 4,000 more employees this week by Christine Hall originally published on TechCrunch
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Atlassian today announced the launch of Atlassian Intelligence, the company’s AI-driven ‘virtual teammate’ that leverages the company’s own models in conjunction with OpenAI’s large language models to create custom teamwork graphs and enable features like AI-generated summaries Confluence and test plans in Jira Software, or rewriting responses to customers in Jira Service Management. These new […]
Atlassian brings an AI assistant to Jira and Confluence by Frederic Lardinois originally published on TechCrunch
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Munch-based climate tech startup Tanso, which sells software to help industrial manufacturers carry out sustainability reporting and carbon accounting, has banked €6.5 million in early stage growth funding. The investment breaks down into a €4 million seed raise, led by Cologne-based investor Capnamic, with existing investors including as UVC Partners also participating; and €2.5M it […]
Tanso banks a seed for its CO2 footprint software for industrial manufacturers by Natasha Lomas originally published on TechCrunch
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For many, ChatGPT and the generative AI hype train signals the arrival of artificial intelligence into the mainstream. But while there’s little question of a seismic sea change these past six months in terms of public awareness, the growing demand for AI could be outpacing the infrastructure required to power the myriad use-cases that are […]
Qdrant, an open source vector database startup, wants to help AI developers leverage unstructured data by Paul Sawers originally published on TechCrunch
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E-scooter manufacturer Unagi has had a busy month. Just a couple weeks after bringing its Model One Voyager scooter to market, the company says it closed a large funding round and secured Best Buy as a scooter subscription partner. The $29.3 million round is a combination of equity and debt. The $17.3 million in equity […]
Unagi secures Best Buy as e-scooter subscription partner by Rebecca Bellan originally published on TechCrunch
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One day, my dream would be to create my own startup in the U.S. Is there any groundwork I am allowed to lay to make my dream come true?
Ask Sophie: Can I launch a startup if I’m in the US on a student visa? by Walter Thompson originally published on TechCrunch
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Calling all founders with a startup in stealth mode! Unless you’ve been buried under a rock in an undisclosed remote location, you already know that the Startup Battlefield 200 (SB 200) is the world’s preeminent competition — and launching pad — for early-stage startups. Apply to the Startup Battlefield 200 Don’t miss your chance to […]
Stealth-mode startups: Apply to Startup Battlefield 200 by Neesha A. Tambe originally published on TechCrunch
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Meta, formerly Facebook, is expected to issue another round of mass layoffs Wednesday, according to a report from Vox that cites “several sources working at the company.” The layoffs are part of a broader restructuring at Meta that CEO Mark Zuckerberg has dubbed the “year of efficiency.” In March, Zuckerberg said the company would cut […]
Another round of mass layoffs expected at Meta this week by Rebecca Bellan originally published on TechCrunch
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Polestar introduced the Polestar 4, the second SUV in its lineup, at Auto Shanghai 2023. Actually, it’s technically an SUV coupé, meaning it has the space and four doors of an SUV, but the sloping roof and aerodynamics of a coupé. The Polestar 4 has plenty of new specs that make it turn heads, but […]
The Polestar 4 replaces a rear window with a hi-def screen by Rebecca Bellan originally published on TechCrunch
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