Sunday, February 25, 2024

Equity Shot: All about the Reddit IPO!

 Listen here or wherever you get your podcasts. Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Weekend team, we have something both short and sweet for you: A dig into the Reddit IPO filing that came out just after we recorded our […]


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Saturday, February 24, 2024

Stellantis CEO says there’s still life in Waymo deal for self-driving delivery vans

Stellantis, the automaker that owns 14 brands including Chrysler, Jeep and Ram, and autonomous vehicle technology company Waymo are not only still working together, the companies are deepening the partnership, CEO Carlos Tavares told TechCrunch in a recent interview. This “deepened” partnership will focus on commercial self-driving Ram delivery vans, a target that was first […]

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This Week in AI: Addressing racism in AI image generators

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we didn’t cover on their own. This week in AI, Google paused its AI chatbot Gemini’s […]

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Byju’s founder, ousted by shareholders, says rumors of his firing ‘greatly exaggerated’

Byju Raveendran, the founder of eponymous edtech group Byju’s, told employees on Saturday that he continues to remain the chief executive of the startup and that rumors of his firing have been “greatly exaggerated,” a day after a shareholder group voted to remove him at an emergency general meeting. In a 758-word letter, content of […]

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Byju’s founder, ousted by shareholders, says rumors of his firing ‘greatly exaggerated’

Byju Raveendran, the founder of eponymous edtech group Byju’s, told employees on Saturday that he continues to remain the chief executive of the startup and that rumors of his firing have been “greatly exaggerated,” a day after a shareholder group voted to remove him at an emergency general meeting. In a 758-word letter, content of […]


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Arc browser’s new AI-powered ‘pinch-to-summarize’ feature is clever, but often misses the mark

The Browser company’s Arc, a browser focused on a less cluttered web experience, launched a new feature in its mobile app Arc Search that uses AI to summarize web pages. The feature involves a clever “pinching” gesture that shows a neatly formatted summary with main points. The feature has gotten attention because it presents a […]


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Friday, February 23, 2024

Quick thinking and a stroke of luck averted a Moon lander disaster for Intuitive Machines

Intuitive Machines‘ spacecraft touched down yesterday on the lunar surface… sideways. CEO Steve Altemus confirmed during a press conference Friday that, while it wasn’t a perfect landing, it’s nothing short of a miracle the spacecraft landed intact at all. Using a small model of the lander, Altemus demonstrated how engineers believe the spacecraft, called Odysseus, […]

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As Techstars retools, some former staffers say it lost focus on what made it successful

Well-known accelerator group Techstars announced a slew of changes to its operations this week, including the shuttering of some of its city-based programs. 

Criticism from former members of its decisions lit social media channels who argued that the famed startup accelerator has lost focus on the very thing that historically made it so successful.

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Techstars CEO defends changes, says physical presence in a city is not necessary for investment

Earlier this week, accelerator group Techstars announced changes to its operations. But what was planned internally to be an exciting new chapter for the organization ended up being somewhat of a PR nightmare.  Techstars found itself facing criticism for some of its decisions and execution after announcing it would shut down its Boulder and Seattle […]

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Byju’s investors unanimously vote to remove founder

A group of Byju’s investors on Friday voted to remove the edtech group’s founder and chief executive Byju Raveendran and separately filed an oppression and management suit against the leadership of the firm to block the recently launched rights issue in a surreal moment for the startup, which was once the most valuable in India. […]

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Hackers are exploiting ConnectWise flaws to deploy LockBit ransomware, security experts warn

Security experts are warning that a pair of high-risk flaws in a popular remote access tool are being exploited by hackers to deploy LockBit ransomware — days after authorities announced that they had disrupted the notorious Russia-linked cybercrime gang. Researchers at cybersecurity companies Huntress and Sophos told TechCrunch on Thursday that both had observed LockBit […]


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Hackers are exploiting ConnectWise flaws to deploy LockBit ransomware, security experts warn

Security experts are warning that a pair of high-risk flaws in a popular remote access tool are being exploited by hackers to deploy LockBit ransomware — days after authorities announced that they had disrupted the notorious Russia-linked cybercrime gang. Researchers at cybersecurity companies Huntress and Sophos told TechCrunch on Thursday that both had observed LockBit […]

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India’s iPhone business outpaces individual EU countries for Apple, Morgan Stanley says

Apple’s long-term bet on India is beginning to pay dividends. The company’s iPhone revenue in India jumped 42% year-on-year in 2023 to $8.7 billion, Morgan Stanley wrote in a note on Friday. The iPhone shipments in India grew 39% year-on-year in 2023 to 9.2 million units, making it iPhone’s fifth largest smartphone market. India’s iPhone […]

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