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Slack’s new CEO looks to bring stability after a turbulent period
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Saturday, March 9, 2024
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How many startups shut down last year compared to the year before? A lot.
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Slack’s new CEO looks to bring stability after a turbulent period
Slack's newest CEO is the third in less than a year, and she's looking to bring stability to a division that has dealt with a lot of changes.
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How many startups shut down last year compared to the year before? A lot.
Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our interview show, where we sit down with a guest, think about their work, and unpack the rest. This week, Mary Ann interviewed […]
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Only 7 days left to save $1,000 on Disrupt passes
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As the Change Healthcare outage drags on, fears grow that patient data could spill online
A cyberattack at U.S. health tech giant Change Healthcare has ground much of the U.S. healthcare system to a halt for the second week in a row. Hospitals have been unable to check insurance benefits of in-patient stays, handle the prior authorizations needed for patient procedures and surgeries, or process billing that pays for medical […]
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Friday, March 8, 2024
OpenAI announces new board members, reinstates CEO Sam Altman
Sam Altman, the CEO of OpenAI, has a seat at the table — or board, rather — once again. OpenAI today announced that Altman will be rejoining the company’s board of directors several months after losing his seat and being forced out as OpenAI’s CEO. Joining alongside him are three members, former CEO of the […]
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Techstars’ $80 million partnership with J.P. Morgan is on the rocks, employees say
The fate of the Advancing Cities programs—and some of the around 20 people who work at Techstars in this program—is up in the air.
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Bumble lost a third of its Texas workforce after state passed restrictive ‘Heartbeat Act’ abortion bill
Bumble has lost a third of its Texas workforce in the months since the state passed the controversial abortion SB 8 (Senate Bill 8), also known as the Texas Heartbeat Act, over a year ago. This new data point was shared by Bumble’s Interim General Counsel, Elizabeth Monteleone, speaking on a panel this afternoon at […]
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Profitable car rental service Turo is still ready for an IPO, but its growth cratered in 2023
Turo, the venture-backed, peer-to-peer car rental service reported its fourth-quarter and full-year financial performance this week in an updated IPO filing. The company first filed an S-1 to go public in early 2022, later updating the document quarterly in preparation for an eventual offering. TechCrunch covers its regular financial disclosures as they provide insight into […]
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AI fraud detection software maker Inscribe.ai lays off 40% of staff
Yet another AI-powered fraud detection software provider is laying off staff. Inscribe, whose platform works to detect fraud in areas like business underwriting, tenant screening, and onboarding, has cut just under 40% of its staff, which equates to dozens of employees. The news follows that of another, small round of layoffs at AI-powered plagiarism detector, […]
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Russian spies keep hacking into Microsoft in ‘ongoing attack,’ company says
On Friday, Microsoft said Russian government hackers continue to break into its systems using information obtained during a hack last year. This time, the Russian hackers dubbed Midnight Blizzard have targeted Microsoft’s source code and other internal systems, the company said. “In recent weeks, we have seen evidence that Midnight Blizzard is using information initially […]
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Thursday, March 7, 2024
Apple is rolling out VisionOS 1.1. with improved personas
Apple released VisionOS 1.1 on Thursday with the most notable feature being improved personas of users. Specifically, the new update improves hair and makeup appearance, neck and mouth representation, and rendering of the eyes for EyeSight, which lets others see your eyes when you’re wearing the headset. Additionally, users can also now set up their […]
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Sea’s Free Fire India relaunch in limbo six months on
Sea is “still making changes” and has yet to launch its popular mobile game Free Fire in India, more than six months after announcing plans to do so. Yanjun Wang, Group Chief Corporate Officer at Sea, said during the earnings call this week that the Singapore-headquartered giant is still making changes to the game to […]
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India’s smartwatch market in flux as unknown brands challenge heavyweights
India’s smartwatch market has transformed, seemingly overnight. For years, it has been dominated by its homegrown players, while global giants like Apple and Samsung have struggled for presence, amid the hundreds of millions of annual shipments. Suddenly, however, the category has been flooded with unknown brands, which have no prior and significant existence. These have […]
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