Tuesday, February 13, 2024

Intuitive Machines to take its shot at reaching the moon with first private lunar lander

Intuitive Machines is looking to succeed where past ventures have failed with its inaugural lunar lander mission, which would mark the first time a private company has landed a spacecraft on the moon — ever. The mission is poised to lift off on a SpaceX rocket just at 12:57 AM EST tomorrow from the launch […]

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Airbnb plans to use AI, including its GamePlanner acquisition, to create the ‘ultimate concierge’

In November, Airbnb acquired a stealth AI firm launched by Siri’s co-founder, called GamePlanner.AI. The deal valued the secretive startup at around $200 million, according to reports. Though the hosting company didn’t telegraph its plans for GamePlanner at the time, Airbnb co-founder and CEO Brian Chesky today shared a high-level overview of Airbnb’s larger plans […]

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Instacart lays off 250 employees, or 7% of its workforce, to ‘reshape’ company

Grocery-delivery giant Instacart announced today that it’s laying off around 250 employees, or roughly 7% of its global workforce, as part of a restructuring. Instacart CEO Fidji Simo said in a letter to investors that the layoffs will allow the company to streamline how it operates. The company announced the layoffs alongside the release of […]

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Airbnb is making progress to get rid of those hated cleaning fees

Airbnb is slowly killing the cleaning fee as it aims for more transparent pricing. Since early last year, when the company started showing guests all-inclusive pricing when booking a property, almost 300,000 listings have removed or lowered cleaning fees, Airbnb said in its earnings report today. Now, nearly 40% of active listings no longer charge […]

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Antithesis raises $47M to launch an automated testing platform for software

Software testing is hard. Even with the right talent in place, it doesn’t always go as planned — particularly when executed at scale. In a 2020 survey from Electric Cloud, 58% of developers blamed software bugs on test infrastructure and process issues — not design defects. The market for software testing solutions is quite massive, […]

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African product, global market: Expensya employees cashed out $10M from 2023 acquisition

What’s more rewarding for an angel investor than paper returns in a startup? An acquisition that turns those paper returns into a cash payout while still maintaining shares in the company. “The return after dilution was eight times my investment,” said Selma Ribica in an interview with TechCrunch recently. “I kept some stock of the […]

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Hackers uncover new TheTruthSpy stalkerware victims: Is your Android device compromised?

A consumer-grade spyware operation called TheTruthSpy poses an ongoing security and privacy risk to thousands of people whose Android devices are unknowingly compromised with its mobile surveillance apps, not least due to a simple security flaw that its operators never fixed. Now, two hacking groups have independently found the flaw that allows the mass access […]


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Finom, a European challenger bank for SMEs, raises $54M

Finom, a European challenger bank aimed at SMEs and freelancers, has raised €50 million ($54 million) in a Series B equity round of funding. Founded out of the Netherlands in 2019, Finom lets businesses open up an online bank account in minutes and receive an IBAN (International Bank Account Number) to support cross-border transactions. On […]

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Monday, February 12, 2024

FCC commissioner pushes to investigate Apple’s decision to block Beeper Mini

FCC Commissioner Brendan Carr said Monday that the agency should investigate Apple over the company’s decision to block the Beeper Mini service, which worked on bringing iMessage to Android. Pebble founder Eric Migicovsky’s Beeper launched a new service called Beeper Mini in December, which claimed to have reverse-engineered the iMessage stack to make it work on […]

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India stumped on how to cut PhonePe and Google dominance in payments

India is facing a quandary in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay in the country’s booming digital UPI payments market. The National Payments Corporation of India (NPCI), a special unit of the central bank, wants to cap market share of any player at 30% in the Unified Payments Interface […]

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Bob W, a European short-stay apartment rental marketplace, raises $43M

Bob W, a marketplace for premium short-term apartment rentals, has raised €40 million ($43 million) in a Series B round of funding. Founded out of Finland in 2018, Bob W touts itself as a “tech-enabled hospitality operator,” with some 3,000 “aparthotels” offered for rent in 17 cities across Europe including Amsterdam, Athens, London, Berlin, Madrid, […]

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Paytm target slashed by Macquarie on regulatory woes

Macquarie dramatically cut its 12-month price target on One97 Communications Ltd., the parent company of digital payments firm Paytm, citing heightened regulatory scrutiny. Macquarie, which predicted the slump at Paytm before the listing, lowered its target to 275 rupees, the most brutal by any major brokerage firm. Paytm, which ended the Monday trading session at […]

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President Biden has a meme strategy, and it’s leaning on Dark Brandon

President Joe Biden’s reelection campaign has finally set up shop on TikTok. Despite controversy in Congress over the app, TikTok is an indispensable tool for presidential candidates to reach young voters, experts say. “I wasn’t surprised at all to see that the campaign launched a TikTok account, because it would genuinely have been such a […]

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