Monday, March 4, 2024

Former Twitter CEO sues Elon Musk

Another day, another lawsuit involving Elon Musk. Four former Twitter executives, including ex-CEO Parag Agrawal, sued Musk on Monday, alleging that they’re owed over $128 million in severance payments. When Musk bought Twitter (now X), one of his very first moves as the company’s owner was to fire Agrawal, CFO Ned Segal, and lawyers Sean […]

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Elon Musk switched on X calling by default: Here’s how to switch it off

In his quest to turn a simple and functioning Twitter app into X, the everything app that doesn’t do anything very well, Elon Musk launched audio and video calling on X last week — and this new feature is switched on by default, it leaks your IP address to anyone you talk with, and it’s […]

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Shure enters the wireless lav mic business

Consumer lapel mics are one of the more interesting consumer electronics trends of recent years. Prior to this, lavalier microphones and their ilk were largely the domain of professional film crews. While some plug-in solutions have emerged for smartphones over the years, it wasn’t until recently that one could purchase an affordable set to capture […]

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TechCrunch Space: Good night, Odysseus

Hello and welcome back to TechCrunch Space. SpaceX is launching its Transporter-10 rideshare mission today. These are always really fun to track because they carry dozens of payloads, including from many startups. This mission will include satellites from Apex Space, Unseen Labs, Care Weather, True Anomaly and others. God speed! Want to reach out with […]

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Airbnb has a new label to denote its top (and worst) listings

Airbnb already has labels like “Guest favorites” and “Superhost” to indicate the quality of a property or the host. Now the company is adding a new label for the top 25% and top 1% properties on the listing page. Usually, Airbnb releases updates twice a year with so-called winter and summer releases. But this time, […]

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Mews, the hotel SaaS startup, books $110M at a $1.2B valuation

Tourism continues to bounce back in the wake of Covid-19, with 2023 raking in $2.23 trillion globally, surpassing pre-pandemic levels for the first time since 2020. That’s having a big knock-on effect for startups building tech to serve the sector. Mews, one of the startups building tools to help hotels manage IT better is announcing […]

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TikTok launches data portability API ahead of Europe’s DMA regulatory deadline

TikTok is introducing a data portability API to help it comply with new European regulations designed to rein in Big Tech’s market dominance through various obligations and restrictions. The European Union (EU) assigned “gatekeeper” status to six tech companies last September, with TikTok parent Bytedance placed in the regulatory firing line alongside Alphabet, Amazon, Apple, […]

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Spotify calls Apple’s €1.84B antitrust fine a ‘powerful message,’ but cautions that the next steps matter

Spotify is cheering the European Commission’s decision to hold Apple accountable for anticompetitive practices in the streaming music market to the tune of a massive €1.84 billion fine, announced today. The streamer called the fine a “powerful message” that sends a signal that even “a monopoly like Apple” is not able to “wield power abusively” […]

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Sunday, March 3, 2024

Indonesia fintech Wagely makes bank while helping the unbanked

Wagely, a fintech out of Indonesia, made a name for itself with earned wage access: a way for workers in Southeast Asian countries to get advances on their salaries without resorting to higher-interest loans. With half a million people now using the platform, the startup has expanded that business into a wider “financial wellness” platform, […]

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India reverses AI stance, requires government approval for model launches

India has waded into global AI debate by issuing an advisory that requires tech firms to get government permission before launching new models. India’s Ministry of Electronics and IT issued the advisory to firms on Friday. The advisory, not published on public domain but a copy of which TechCrunch has reviewed, also asks tech firms […]

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Waymo scores a critical robotaxi permit, Fisker cuts more workers and Apple car fades away

TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. I was in Los Angeles earlier this […]

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Camshaft says Byju’s unit beneficial owner of $533 million funds

Camshaft disclosed in court filings this week that some $533 million it managed for Byju’s Alpha, a U.S. unit of Indian edtech group Byju’s, was transferred to another 100% and U.S.-based subsidiary of Byju’s, thereby refuting allegations that the Indian firm used the wealth manager’s services to misappropriate money. In the court filings, Camshaft said […]

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