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Fintech faces its reckoning: It’s only a matter of time until the house of cards collapses
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Hey, lovely people — it’s that time of week again: Week in Review (WiR) time. For those unfamiliar, WiR is TechCrunch’s regular newsletter that recaps the major events in tech over the past few days. If you’ve been too busy to keep tabs on recent happenings, don’t panic. WiR is here to get you up […]
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At its annual developer’s conference, Roblox detailed its near-future plans to expand beyond its identity as a game platform for kids. The company is already pushing into new demographics — Roblox announced that it would foster mature content for 17+ users earlier this year — and a new animated video calling product launching later this […]
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Michael Kim of Cendana Capital is often a first call for emerging seed-stage fund managers. Cendana has invested in many VC teams that have gone to enjoy great success – like Forerunner Ventures, K9 Ventures, and IA Ventures. Thanks to its own backers, Cendana keeps replenishing its supply of investing capital, too. Indeed, Kim tells […]
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Set your coordinates for the Space Stage on September 19, Day 1 promptly at 0800 hours of TechCrunch Disrupt 2023. You’ll find sessions featuring some of the industry’s leading founders, investors, NASA researchers, Department of Defense officials, military commanders and national security experts. Launch into the future of space at TechCrunch Disrupt 2023 These leaders […]
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The summer of 2023 is almost over and still we don’t have a Cybertruck. But thanks to an apparent serendipitous visit to a regular ol’ parking lot in San Francisco, there are some fresh images of the polygon-shaped electric truck. New photos of Elon Musk’s Cybertruck, shared by Tesla watchers The Kilowatts, offer an updated look […]
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The Federal Aviation Administration has closed the mishap investigation into SpaceX’s first orbital test flight in April, but regulators won’t green light a second launch until the company completes over 60 “corrective actions.” While the FAA did not disclose the details of the 63 actions SpaceX must take before launching Starship again, the agency did […]
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Lotus revealed Thursday evening in New York City the Emeya, an all-electric four-door grand tourer that aims to compete with the likes of Porsche on speed, tech and luxury and help transform the Chinese-owned British automaker into a global performance brand by 2028. The flagship vehicle launch comes at an auspicious time for the “born […]
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In 2021, UK neobank Zopa, which has been around since 2004, leapt to a $1 billion valuation on the back of a big investment from SoftBank and a plan to go public by 2022. Now it’s 2023, and Zopa is today announcing another fundraise of a different kind as it continues to wait for the […]
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When BMW started charging an $18 per month subscription for heated seats in 2022, the backlash was swift and brutal. Customers banded together, urging others not to encourage this type of behavior from automakers, lest it open the door to more perceived avariciousness. “You’ve already paid for it!” cried one Reddit user. “The fucking hardware […]
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Relativity Space is amping up its investment at NASA’s Stennis Space Center, with the company announcing today that it would lease a historic first stage test stand to advance the development of the Terran R launch vehicle. Per the new agreement, Relativity will lease the A-2 Test Stand from NASA for a seven-year period, at […]
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Cruise CEO Kyle Vogt said Thursday at an investor conference that the company is “just days away” from getting the green light to begin mass production of its purpose-built autonomous vehicle without a steering wheel or pedals. The National Highway Traffic Safety Administration (NHTSA) told TechCrunch that no decision to grant or deny GM’s petition […]
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Artists are among the many groups who will feel the effects of AI over the next few years, but it’s not doom and gloom for everyone. A group of artists have organized an open letter to Congress, arguing that generative AI isn’t so bad and, more importantly, the creative community should be included in talks […]
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