Thursday, August 10, 2023

Cruise and Waymo win robotaxi expansions in San Francisco

In a win for the autonomous vehicle industry, California regulators have given the green light to Cruise and Waymo to offer commercial robotaxi services across San Francisco 24 hours a day, seven days a week. The commission voted 3-1 in support of the expansions; Commissioner Genevieve Shiroma cast the sole “no” votes. The California Public […]

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Identity management platform Veza secures $15M from Capital One and ServiceNow

Veza, a platform that helps to secure identity access across apps, data systems and cloud infrastructure, today announced that it raised $15 million in a funding round led by Capital One Ventures and ServiceNow — valuing the company at $415 million. Bringing Veza’s total raised to $125 million, co-founder and CEO Tarun Thakur says that […]

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Jeli is bringing generative AI to incident report analysis

When a major system incident occurs, there is a ton of online and offline communication going on — or at least there should be. The online part creates a digital audit trail of what happened when and how people reacted, and ultimately how the problem was solved. Jeli launched a few years ago to help […]

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UK cybersecurity giant NCC Group is making more layoffs

U.K. cybersecurity giant NCC Group has confirmed it’s making more layoffs, just months after it slashed its workforce by 7%. The Manchester, U.K.-based company is undergoing its second round of layoffs in just six months, a person with knowledge of the matter told TechCrunch. NCC Group confirmed that it’s making a “small number” of layoffs […]

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What led to EV darling Proterra’s bankruptcy

Proterra, a company that develops battery systems for buses and other heavy duty EVs, filed for bankruptcy earlier this week, making it the latest in a string of failures in the EV sector. While some parallels can be drawn between Proterra and other failing or defunct EV companies, this company faces specific headwinds that took […]
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Wednesday, August 9, 2023

Disney’s Hotstar loses 12.5 million subscribers in a quarter amid cricket shortfall

Disney+ Hotstar lost nearly a fourth of its customer base, or 12.5 million subscribers, in the quarter ending June, Disney disclosed in its earnings Wednesday, the ongoing setback at the India-focused streamer that’s reeling from the lack of cricket content. This is the third consecutive quarter in which Disney has lost subscribers. In the past […]

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China tech further severed from US fundings after Biden ban

President Joe Biden on Wednesday signed an executive order barring U.S. investments in certain tech sectors of China, confirming rumors that have been swirling for months that Washington would ramp up efforts to squeeze China’s tech industry amid growing concerns over Beijing’s military ambitions. The order authorizes the U.S. Secretary of the Treasury to restrict […]

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Google opens eSignature beta for Google Docs and Google Drive

Electronic signature has become table stakes for companies involved in document storage and management. So it shouldn’t come as a surprise that Google announced an open beta of its new-ish eSignature capability in Google Workspace today. The new feature will be available specifically for Google Docs and Google Drive for individual and various group accounts. […]

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Krafton commits $150 million to India following BGMI trial approval

South Korean gaming behemoth Krafton plans to invest another $150 million in India over the next 2-3 years after securing permission to trial its popular battle royale game in India following two bans. Thursday’s announcement follows Krafton investing about $140 million in 11 Indian startups and the local gaming ecosystem in the past three years. […]

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Matter filters out microplastics, one washer at at time — and raises $10M to go industrial

Microplastics are everywhere — quite literally, as study after study shows. And while we can’t do much about the tiny, toxic particles already in our oceans, waterways, and bodies, we can try to slow the release of new ones. Matter is a startup attempting to do so (with a shiny new $10 million) using a […]

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Gmail app gets highly requested native translation feature

Gmail for Android and iOS devices finally launched a native translation capability that detects a language and translates the email automatically. The feature has been a staple on the desktop version and is currently compatible with 100 languages. Google announced the exciting news on its Workspace Updates blog, saying that it’s been a “highly requested […]

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72 hours to save on passes to TechCrunch Disrupt 2023

Press pause on procrastination, and you’ll be rewarded with the sweet sound of cha-ching! We’re in the 72-hour window, folks — that’s all the time you have left to save on passes to TechCrunch Disrupt, taking place September 19–21 in San Francisco. Save $600 on passes to TechCrunch Disrupt 2023 Prices will go up on […]

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Duolingo spotted developing a music learning app

Work on Duolingo’s next big app, Duolingo Music, is well on its way, according to new findings. Recent development efforts indicate the company’s upcoming app will focus on piano, drums, and sheet music lessons, as the edtech company works to again expand its product lineup beyond its flagship language learning app. The new development work […]

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