In August, we reported that a four-year-old, venture-backed remodeling startup called Made Renovation was failing its customers, by their own telling. Though it marketing itself as a one-stop shop to beautify bathrooms — it offered potential customers a variety of templates, then promised to pair them with in-house project managers, help with required permits, assign […]
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In August last year, a ban on Nvidia’s chip export to China sent the country’s budding artificial intelligence startups scrambling for alternatives. A momentary sense of relief came when Nvidia unveiled chips with reduced performance to bypass export restrictions. But this respite was short-lived. On Tuesday, the Biden administration announced a slew of measures to […]
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Peak XV Partners has invested $35 million in Neo, a fintech startup founded by industry veterans, as the largest India-focused VC broadens its bets on wealth and asset management. Neo operates a suite of wealth and asset management services, serving businesses, sovereign and pension funds and large family offices and individuals with ultra-high net-worths. The […]
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Meta is rolling out new options to better manage your data related to its own platforms such as Instagram and Facebook. The company now has a single place in the Accounts Center for you to request a download of your information on Instagram and Facebook at the same time. Users can also choose to download […]
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OpenAI has formally launched its internet-browsing feature to ChatGPT, some three weeks after re-introducing the feature in beta after several months in hiatus. ChatGPT, the generative AI chatbot that has taken the world by storm these past 12 months, has historically been limited to data up to September, 2021 — rendering it useless as a […]
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X, formerly Twitter, announced today that is starting a new experiment to charge a $1 per year fee for “new unverified” users to interact with posts. The company said this test is currently live in New Zealand and the Philippines and existing users won’t be affected. Users will get to post content, like, repost, reply, […]
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Tesla has already cornered the electric vehicle market in the U.S. Now, it’s calling for stricter regulations that will give it even more of an edge. The Elon Musk-owned automaker is urging the Biden administration to adopt tougher fuel economy standards than regulators have proposed, a move that is likely to irritate legacy automakers like […]
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Amazon’s 10,000 Rivian-made all-electric van are delivering packages throughout the United States, the ecommerce company revealed Tuesday evening during its Delivering the Future event. Amazon, which owns a stake in Rivian, reached a deal with the automaker in 2019 to have at least 100,000 electric delivery vans on the road by 2030. The order is […]
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Israel is in discussions with SpaceX to rollout Starlink internet services, especially for communities near the conflict zone, an Israeli official said Tuesday. Starlink currently isn’t available in Israel, so this would be the first time the service is introduced in any capacity. As it seeks to bolster its own communications during wartime, it is […]
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Stellantis announced Tuesday that it will cancel its planned presentations and display at CES 2024, the tech trade show that takes over Las Vegas every January. The reason? The automaker, which owns a slew of U.S. brands including Jeep, Ram and Chrsyler, cited the cost of the ongoing United Autoworker strike, which has entered its […]
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In May of this year, TechCrunch ran a piece titled “Figure’s humanoid robot takes its first steps.” The story was a firsthand account of my visit to the startup’s South Bay offices. The headline was a reference to both the company’s first year of existence and its stated plan to hit a key milestone by […]
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Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than a half this year as investors marked their holdings largely in response to the dwindling market conditions. The startup, valued at $10.7 billion in a funding […]
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Developer community site Stack Overflow has laid off 28% of its staff, the Prosus-owned company announced Monday. In a blog post, Stack Overflow’s CEO, Prashanth Chandrasekar indicated that the company is focusing on its path to profitability. While the post didn’t elaborate on the reason behind the job cuts, it mentioned customers’ budgets shifting elsewhere […]
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Jio Financial Services, the Indian conglomerate Reliance Industries’ financial services unit, has started its lending and insurance businesses and is rapidly scaling up its offerings as billionaire Mukesh Ambani expands the ever-so-wide tentacles of his oil-to-telecom empire. In an annual presentation this week, the recently publicly listed firm said it has started to offer personal […]
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