Wednesday, February 7, 2024

Epic Games and Disney partner up on a Fortnite ‘entertainment universe’

Lego Fortnite is only two months old, but Epic Games is already out with an even bigger collaboration. Epic and Disney announced today that the companies will partner on an “all-new games and entertainment universe” that will bring characters from Disney’s deep catalogue to life through Fortnite. The scope of the project sounds massive, to […]

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How Twitter’s descent into chaos is paving the way for a new web

The post-Twitter era has spurred the development and further growth of numerous social networks that prioritize brief posts, from open source standbys like Mastodon to new decentralized concepts like Bluesky, and those from smaller startups like Post, Spill, and Spoutible, to those from tech giants like Meta, which launched the Twitter-like Threads. While this is […]

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Ex-Blue Origin leaders’ secretive lunar startup Interlune has moonshot mining plans

Interlune, a stealth startup headed by ex-Blue Origin executives, is focused on the mining the moon for a rare isotope of helium that could be used to scale quantum computing and eventually even fusion power, TechCrunch has learned. Regulatory filings reported here last week showed that the company recently closed $15.5 million in new capital; […]

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UK AI startup Greyparrot bags strategic tie-up with recycling giant Bollegraaf

In another sign of the scramble to accelerate the uptake and transformative potential of artificial intelligence, Dutch recycling giant Bollegraaf Group is making a strategic investment in UK AI startup Greyparrot, which uses computer vision for waste analytics. The veteran manufacturer of MRFs (Material Recovery Facilities) and “turnkey” recycling systems — which was originally founded as […]

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Tuesday, February 6, 2024

Microsoft CEO Nadella on AI LLM race: ‘We are waiting for competition to arrive’

Microsoft’s prescient bets and aggressive investments in AI have propelled the software giant to become the world’s most valuable company. Yet Satya Nadella, its typically reserved chief executive, couldn’t resist landing a gloved jab at the rest of the industry. “We have the best model today … even with all the hoopla, one year after, […]

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Guided Energy helps EV fleet managers optimize battery charging

Imagine you work for a car rental agency or a package delivery company and you’re in charge of a fleet of vehicles. If you’re switching to EV vehicles, it becomes more complex to manage your vehicles due to long charging time and limited charging point availabilities. Guided Energy, a French startup that raised $5.2 million […]

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How crowdfunding actually works in 2024, and whether you should use it to raise money

Crowdfunding is to financing what Uber is to taxis or what Airbnb is to hotels: Using the wisdom and resources of the crowd to raise money. Usually, crowdfunding brings many smaller investors or donors together to fund a business, startup or personal initiative. The concept is based on the collective effort of a large number […]

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Ex-Tesla exec leading Ford skunkworks project to develop low-cost EV

Ex-Tesla and Ford Advanced EV development boss Alan Clarke is leading a Ford skunkworks project to develop a low-cost electric vehicle, TechCrunch has learned. Ford CEO Jim Farley made a brief reference Tuesday during the company’s fourth-quarter earnings call that a “skunkworks” team had been created to create a “low-cost” EV platform. TechCrunch has since […]

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Immersive gaming and fitness apps are the key to Vision Pro’s consumer appeal

The foundational vocabulary of any new medium is inherited from that of its predecessor. Take, for instance, the early days of television, when so many shows were effectively radio programs caught on film. The new medium’s success is dependent on the development of its own vocabulary, distinguishing itself from earlier paradigms. In the case of […]

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Cake sought deals with Harley-Davidson, automakers before bankruptcy

Electric motorcycle company Cake held talks with Harley-Davidson and other automakers in 2023 as it fought to stay alive, founder and CEO Stefan Ytterborn told TechCrunch in an interview Tuesday. The talks, which have not been previously reported, ultimately did not pan out for the Swedish startup, which slid into bankruptcy last week. Still, Ytterborn […]

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Following this week’s layoffs, Snap’s stock tanks 30% on Q4 earnings

Snap is not having a good quarter. Following this week’s news that the company was laying off 10% of its workforce, amounting to hundreds of employees, the company’s stock is now crashing after reporting a fourth-quarter earnings miss. The Snapchat maker’s stock dropped by over 30% in after-hours trading as investors reacted to Snap’s underwhelming […]

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Confirmed: Entrust is buying AI-based ID verification startup Onfido, sources say for more than $400M

Onfido, an early mover in the world of identity verification using computer vision and other AI tools, is getting acquired, TechCrunch has learned and confirmed. Entrust — the privately-held company that provides a range of certification and verification services around payment cards, passwords, network and website access, device access and more — is buying the […]

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Virgin Galactic investigating anomaly discovered after last crewed suborbital mission

Virgin Galactic is working with regulators to investigate an issue with an alignment pin that was discovered after the last crewed suborbital flight in January. During post-flight reviews, Virgin said it discovered that an alignment pin had detached from VMS Eve, the aircraft that carries the suborbital space plane to altitude. The company notified the […]

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These VCs think the Vision Pro has a shot in the enterprise

The Vision Pro, Apple’s first mixed-reality headset, is undeniably impressive from a technical perspective. It reflects a carefully considered, thoughtful (albeit pricey) approach to AR/VR, while its operating system — visionOS — delivers genuine innovations in the areas of input and interactions. But apps make or break hardware, regardless of how compelling the base experience […]

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Adam Neumann is trying to buy back WeWork

Adam Neumann, who co-founded flexible workspace provider WeWork in 2010 and notoriously stepped down nine years later, is attempting to buy the company out of bankruptcy, according to multiple reports. In a letter published by The New York Times today, lawyers for Adam Neumann, his latest startup Flow Global Holdings LLC and “their affiliates” wrote […]

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