Saturday, June 24, 2023

Meta to pull news from Facebook and Instagram in Canada

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Meta plans to end access to news on Facebook and Instagram in Canada in response to legislation that would require internet giants to pay news publishers. The legislation, known as the Online News Act, was approved by the country’s Senate on Thursday. The law will force internet giants to negotiate compensation deals with news publishers […] Meta to pull news from Facebook and Instagram in Canada by Aisha Malik originally published on TechCrunch
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EV truck maker Nikola suspects foul play in headquarters fire

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Nikola Corp said Friday it suspected “foul play” in a fire outside of its Phoenix headquarters that affected some of its battery electric trucks. The fire, which Nikola tweeted about and has since confirmed with TechCrunch, started early this morning behind its headquarters. A vehicle was seen in the area of the affected trucks just prior […] EV truck maker Nikola suspects foul play in headquarters fire by Kirsten Korosec originally published on TechCrunch
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Friday, June 23, 2023

Amazon plans to invest another $15 billion in India by 2030

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Amazon plans to more than double its investment in India in the next seven years, the e-commerce group said, joining a roster of other high-profile American giants ramping up commitment to the South Asian market after meeting with Prime Minister Narendra Modi this week. The e-commerce group has invested about $11 billion in India to […]

Amazon plans to invest another $15 billion in India by 2030 by Manish Singh originally published on TechCrunch

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Apple looks to resume talks for Apple Pay launch in India

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Apple plans to engage with NPCI and other authorities in India in the coming weeks for the launch of its payments service Apple Pay in the South Asian market, according to two people familiar with the matter, eyeing an entrance into a crowded space that is dominated by Walmart’s PhonePe, Google’s GPay and Paytm. The […]

Apple looks to resume talks for Apple Pay launch in India by Manish Singh originally published on TechCrunch

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Andreessen Horowitz, Shield Capital back satellite bus manufacturing startup Apex Space

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Satellite bus manufacturing startup Apex Space has closed a $16 million Series A round co-led by Andreessen Horowitz and new investor Shield Capital as it prepares for its first demonstration mission early next year. In addition to the new capital, Apex also revealed some of the customers that will be flying payload on that inaugural […] Andreessen Horowitz, Shield Capital back satellite bus manufacturing startup Apex Space by Aria Alamalhodaei originally published on TechCrunch
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Thursday, June 22, 2023

Get a clue, says panel about generative AI: it’s being “deployed as surveillance devices”

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Earlier today at a Bloomberg conference in San Francisco, some of the biggest names in AI turned up, including, briefly, Sam Altman of OpenAI, who just ended his two-month world tour, and Stability AI founder Emad Mostaque. Still, one of the most compelling conversations happened later in the afternoon, in a panel discussion about AI […]

Get a clue, says panel about generative AI: it’s being “deployed as surveillance devices” by Connie Loizos originally published on TechCrunch

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Lithuania’s capital Vilnius to get ‘Europe’s largest tech campus,’ costing €100M

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Lithuania is vying to become one of the major European tech hubs, bolstered by a growing number of so-called “unicorn” startups and governmental efforts to attract a high-profile accelerator to the country. At the same time, a new €100 million private initiative announced today is setting out to create what would be Europe’s largest tech […]

Lithuania’s capital Vilnius to get ‘Europe’s largest tech campus,’ costing €100M by Paul Sawers originally published on TechCrunch

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Rocket Lab doubles down on marine booster recovery with next Electron launch

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Rocket Lab’s next Electron mission will include another marine recovery attempt of the rocket’s booster, the latest step by the company to advance its reusability program. The mission, called “Baby Come Back,” will take off from Rocket Lab’s Launch Complex 1 on New Zealand’s Mahia Peninsula. The launch window opens no earlier than July 14. […]

Rocket Lab doubles down on marine booster recovery with next Electron launch by Aria Alamalhodaei originally published on TechCrunch

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Continuum Space Systems wants to make space mission management easy

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Space mission management is a complicated beast, too often characterized by complicated workflows and information siloes that cost organizations time and money. Continuum Space Systems, a two-year old startup based in Pasadena, is looking to change that with its unified platform to support the entire lifecycle of a space mission. To further that goal, Continuum […]

Continuum Space Systems wants to make space mission management easy by Aria Alamalhodaei originally published on TechCrunch

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Why Europe and Israel’s unicorns are producing the next generation of tech founders

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Harry Nelis Contributor Share on Twitter Harry Nelis is a partner at Accel, a global venture firm that has partnered with companies from inception through all phases of private company growth for the last 40 years. More posts by this contributor To become a public company, start operating like one early on Talent is the […]

Why Europe and Israel’s unicorns are producing the next generation of tech founders by Walter Thompson originally published on TechCrunch

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TikTok looks to challenge Amazon and Shein with new e-commerce initiative

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TikTok has confirmed that it’s testing a new in-app “Trendy Beat” shopping section where it is offering products for sale that are shipped and sold by a subsidiary of its parent company, ByteDance. The feature, which was first reported on by the Financial Times, is currently being tested in the UK. The shopping section offers […]

TikTok looks to challenge Amazon and Shein with new e-commerce initiative by Aisha Malik originally published on TechCrunch

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Plastic upcycling startup Kubik closes $3.34M seed to scale production in Ethiopia

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The amount of plastic waste produced globally is on track to triple to over 1,000 million tonnes by 2060. The OECD report predicts that developed countries will continue to produce the most plastic waste per person, although emerging regions like Africa and Asia are expected to experience the fastest growth owing to rapid population growth, and […]

Plastic upcycling startup Kubik closes $3.34M seed to scale production in Ethiopia by Annie Njanja originally published on TechCrunch

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Robin Haak launches Robin Capital, the latest fund to join the Solo GP trend in Europe

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If you were a Solo Venture Capitalist — or Solo GP as they have come to be known — during the 2020-2021 boom, you might be in trouble now, especially as valuations from that era have often tanked. However, while the Solo GP model has been around in the US for some years, this model […]

Robin Haak launches Robin Capital, the latest fund to join the Solo GP trend in Europe by Mike Butcher originally published on TechCrunch

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