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Ford slashes production target for all-electric F-150 Lightning to match demand
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Tuesday, December 12, 2023
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Max Q: Our sky
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Helicity Space raises $5M to unlock fusion propulsion – and fast travel in deep space
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Monday, December 11, 2023
Fortnite maker Epic Games wins its antitrust fight against Google
On Monday, a jury sided with Epic Games over Google in an antitrust case that could reshape how app marketplaces like Google Play are allowed to operate. The unanimous verdict wraps up a three-year-long legal battle between the companies. Epic, creator of the popular online multiplayer game Fortnite, first filed its lawsuit against Google in […]
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Terran Orbital CEO tells staff it is not looking for a buyer
Terran Orbital CEO Marc Bell told employees Monday the company is not looking for a buyer in an effort to quash a report that it was seeking bids by the end of the month, according to sources who spoke to TechCrunch. Bell’s comments came during an all-hands meeting with staff, following a Wall Street Journal article […]
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Hasbro to cut 1,100 jobs despite Dungeons & Dragons thriving
Hasbro is laying off 1,100 employees, according to an SEC filing. The company behind franchises like Dungeons & Dragons and Transformers, Hasbro already laid off 800 employees in January. While some employees will find out about the fate of their jobs on Tuesday, others will be cut in the coming year. By 2025, Hasbro told […]
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Ford slashes production target for all-electric F-150 Lightning to match demand
Ford will cut production of its all-electric pickup truck in 2024 in an effort to match consumer demand, the automaker confirmed to TechCrunch. Ford executives signaled in October during its third-quarter earnings call plans to”adjust” production of its all-electric vehicles and delay about $12 billion in investments due to softening demand for higher priced premium […]
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Max Q: Our sky
In this issue: OurSky's new funding, news from DARPA, the FAA and more
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Relevance AI’s low-code platform enables businesses to build AI teams
Many companies already use generative AI tools, like OpenAI’s ChatGPT, which can help improve workers’ performance by as much as 40% compared with workers who don’t use it. However, only businesses with large engineering teams can build their own AI workforces. An Australia-based startup, Relevance AI, wants to help companies of all sizes build custom AI […]
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Helicity Space raises $5M to unlock fusion propulsion – and fast travel in deep space
Helicity Space has closed a $5 million seed funding to accelerate development of a technology that could finally unlock fast, efficient travel in deep space. That technology is fusion propulsion, which has long been the domain of science fiction. The startup says that they have discovered a way to use plasma jets for fusion reaction. […]
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23andMe changes to terms of service are ‘cynical’ and ‘self-serving,’ lawyers say
Two days before 23andMe disclosed that hackers had accessed the personal and genetic data of almost 7 million customers, the genetic testing giant updated its terms of service. The changes are an effort to make it more difficult for the victims of the breach to band together in filing a legal claim against the company, […]
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Lucid CFO bounces after Gravity SUV debut
Lucid’s chief financial officer Sherry House is leaving the company to “pursue other opportunities,” the automaker told investors on Monday. The news comes less than a month after Lucid debuted its luxury Gravity SUV, and mere days after Nasdaq bumped the firm from the Nasdaq-100 index (alongside eBay and Zoom). Lucid’s stock ended regular trading […]
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Cruise faces fines, TuSimple exits the U.S. and a new reporter joins the TC transpo team
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Senator Warren calls out Apple for shutting down Beeper’s ‘iMessage to Android’ solution
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Sunday, December 10, 2023
Amazon loses second AWS India and South Asia top exec in less than a year
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role. Amazon didn’t immediately respond to a request for comment by email and phone. Amazon counts India as one of its […]
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