Sunday, December 3, 2023

GM and Toyota are shaping up to be the biggest losers in the EV transition

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Legacy automakers have scaled back or set overly modest electric vehicle production targets. They may come to regret that.

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Fintechs go shopping

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Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! We’re back and making up for lost time after taking off for Thanksgiving. Here we go! Webull, Yieldstreet and NomuPay […]

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The most important metrics for SaaS funding in 2024

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Today we're focusing on metrics and business environments that apply to most SaaS companies — not the unicorn outliers.

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Tesla releases the Cybertruck, Sam Altman officially returns to OpenAI, and Evernote cripples its free plan

on 1:24 PM in features, Tech News with No comments

Hi, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter that highlights some of the more noteworthy moments in tech over the past few days. The holiday season is nigh upon us, but the tech industry waits for no one — on the horizon are IBM, AMD and Intel conferences, plus the annual Consumer Electronics […]

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Shein a light

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We won't be getting our hands on a Shein filing just yet, but we can’t wait to.

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Deal Dive: Betting on beauty fads is big business

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RepeatMD recently raised a $50 million Series A round to serve the exploding med spa industry that is built on consumer beauty trends.

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Ev startup Fisker cut its 2023 production target for the fourth time

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Fisker, the California-based EV startup, cut its annual production guidance in an effort to free up $300 million in working capital, the company said in a business update Friday. Fisker said it expects to produce about 10,000 vehicles this year. The decision comes less than a month since Fisker cut its production target to between […]

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23andMe says hackers accessed ‘significant number’ of files about users’ ancestry

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Genetic testing company 23andMe announced on Friday that hackers accessed around 14,000 customer accounts in the company’s recent data breach. In a new filing with the U.S. Securities and Exchange Commission published Friday, the company said that, based on its investigation into the incident, it had determined that hackers had accessed 0.1% of its customer […]

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OpenAI’s GPT Store delayed to 2024 following leadership chaos

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OpenAI’s app store for AI, the GPT Store, will not launch this year as previously announced, but rather on an unspecified date in early 2024, the company said. The delay is almost certainly due to the leadership shakeup that occurred in November, just after the initial announcement. The news was first reported by Axios, which […]

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TC+ Roundup: Forestry tech is at an inflection point

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Gathering data to monitor forests that are conserved or restored is tedious, leaving the door wide open for startups in the space.

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Bluesky rolls out automated moderation tools, plus user and moderation lists

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Bluesky, the startup aiming to build a decentralized social network to take on Twitter/X, says it has begun deploying new safety tooling to help moderate content on the network through automation. Although still in private beta, the company has already made headlines for issues around content moderation in recent months after it initially didn’t ban […]

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Pitch Deck Teardown: Scalestack’s $1M AI sales tech seed deck

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We're going to put the deck Scalestack used to raise its $1M seed round under the microscope to see what it got right, and where it could have done better.

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X says it will chase SMB ad dollars after Musk’s ‘go f*** yourself’ comments to fleeing advertisers

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A new report by the Financial Times says X will now turn to small and medium-sized advertisers to shore up revenue after the company’s owner Elon Musk alienated big brands fleeing X over antisemitic content by telling them they could go fuck themselves during an interview at the New York Times DealBook Summit earlier this […]

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Why Rover’s $2.3B sale price makes good sense

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The Rover deal is expensive, but it has some notable caveats that tell us quite a lot about the state of the market for tech, and tech-enabled, companies.

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