Saturday, March 2, 2024

Connect with HomeHQ.ai, SOSV, Prepare 4 VC, Latham & Watkins and more at TC Early Stage 2024

We are thrilled to collaborate with some of the most influential players in the startup ecosystem to craft an exceptional experience at TC Early Stage 2024. Our aim is to equip new and aspiring founders with the necessary tools, insights, and connections crucial for building thriving startups. In particular, we’re delighted to announce the involvement […]

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VC Trae Stephens says he has a bunker (and much more) in talk about Founders Fund and Anduril

Last night, for an evening hosted by StrictlyVC, this editor sat down with Trae Stephens, a former government intelligence analyst turned early Palantir employee turned investor at Founders Fund, where Stephens has cofounded two companies. One of these is Anduril, the buzzy defense tech company that is now valued at $8.4 billion by its investors. […]

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Friday, March 1, 2024

Rabbit’s Jesse Lyu on the nature of startups: ‘Grow faster, or die faster,’ just don’t give up

Rabbit co-founder and CEO Jesse Lyu isn’t afraid of death… the death of the company, at least. He told TechCrunch that the company is a startup whose fortunes may be swayed by the whims of multi-billion-dollar rivals — but that’s no reason to give up and go home. Appearing on stage at StrictlyVC LA, Lyu […]

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Waymo can now charge for robotaxi rides in LA and on San Francisco freeways

Waymo received approval Friday afternoon from the California Public Utilities Commission to operate a commercial robotaxi service in Los Angeles, the San Francisco Peninsula and on San Francisco freeways. The approval removes the last barrier to the Alphabet company to charge for rides in these expanded areas. Importantly, it opens up new territory for Waymo […]

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A comprehensive list of 2023 & 2024 tech layoffs

The tech-wide reckoning that began in 2022 and ran throughout into 2023 has continued into this year. And while 2024’s losses are not at that scale, they’re still significant, driven by big names like Pixar, Google, Microsoft, Mozilla and TikTok. It remains to be seen if this year’s layoff trends follow last year’s, in which […]

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Will we reach AGI before Stripe goes public?

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. This is our Friday episode, when we dig back through the most critical stories and themes from the week. Here’s what Mary Ann and Alex got into: […]

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Spotify launches a $9.99/mo standalone audiobooks service for its free users

After adding 15 hours of free audiobooks listening to its subscription plan late last year, Spotify today is introducing a $9.99 per month option that will allow its free users to also access its audiobooks collection. The company announced on Friday its new “Audiobooks Access Tier,” which, similar to the service offered to subscribers, allows […]

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NFX’s James Currier will break down MVPs at TechCrunch Early Stage 2024

Everyone has heard of minimum viable products (MVPs), early versions of a future startup’s product that contains precisely what it needs to deliver value — and nothing more. The tricky bit is sorting out what is required in an MVP and what is extraneous. Build too much and the resulting delay to market could limit learning, […]

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Elon Musk sues OpenAI and Sam Altman over ‘betrayal’ of non-profit AI mission

Elon Musk sued OpenAI, its co-founders Sam Altman and Greg Brockman and affiliated entities on Thursday, alleging the ChatGPT makers have breached their original contractual agreements by pursuing profits instead of the nonprofit’s founding mission to develop AI that benefits humanity. Musk, an early backer of OpenAI, claims Altman and Brockman convinced him to help […]

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Thursday, February 29, 2024

Facebook plans to shut down its news tab in the U.S. and Australia

Meta is trying to distance itself from news media-related regulations and payment complexities as it is planning to remove the news tab on Facebook in the U.S. and Australia. The company said today that it will sunset the product in April 2024. Last year, Meta discontinued Facebook News in the UK, Germany, and France saying […]

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Google calls out 10 Indian companies for evading Play Store fees, warns of app removal

Google said on Friday it will start removing apps from its Play Store in India if developers fail to comply with its payment policy, taking a definitive stand weeks after the top Indian court granted the Android-maker with relief. Without naming them, Google said 10 companies in India, including “many well-established ones,” have not paid […]

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Intuitive Machines’ first moon lander also broke ground with safer, cheaper rocket-style propulsion

Intuitive Machines’ first lunar lander officially lost power today after spending seven days on the moon. The lander made history for being the first American hardware to reach the lunar surface since 1972 and the first privately built spacecraft to land on the moon. But the lander, called Odysseus, will be remembered for another reason: […]

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A minor league baseball team trolls Disney with its ‘Steamboat Willie’ jerseys

I’ve seen enough: the prize for the best use of public domain Mickey Mouse goes to the Jacksonville Jumbo Shrimp. For its public domain theme night, the minor league baseball team will wear jerseys made entirely of iconic images that are no longer protected by copyright: Van Gogh’s “Starry Night,” King Kong, and the earliest […]

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Lordstown Motors charged with misleading investors about the sales potential of its EV pickup

The Securities and Exchange Commission has charged bankrupt Lordstown Motors with misleading investors about the sales prospects of its Endurance electric pickup truck. Lordstown has agreed to pay $25.5 million as a result — money that the SEC says will go towards settling a number of pending class action lawsuits against the company. “We allege […]

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