The United States Department of Justice this morning filed a lawsuit accusing Apple of monopolistic smartphone practices. Seventeen state attorneys general joined the federal department in the massive suit. “Consumers should not have to pay higher prices because companies violate the antitrust laws,” U.S. Attorney General Merrick Garland said in a statement issued with the […]
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DoorDash is expanding its partnership with Alphabet’s Wing to bring its drone delivery pilot to the U.S., the company announced on Thursday. Select users in Christiansburg, Virginia will be able to order eligible menu items from their local Wendy’s. DoorDash first launched its drone delivery pilot program in Australia in 2022, where it is now […]
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Sameer Brij Verma, a high-profile investor at the Indian venture firm Nexus, will be leaving the fund later this year, he confirmed to TechCrunch. Verma plans to launch his own venture firm, with the inaugural fund expected to have a corpus of at least $150 million, a source familiar with the matter said. The move comes […]
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Chances are you may have noticed that many commercial vehicles are now electric vehicles — think about delivery vans, telecom minivans, utility maintenance trucks, etc. But there are still many diesel-powered commercial vehicles because it’s simply too expensive and too complicated to switch to an all electric vehicle fleet overnight. That’s why Pelikan Mobility has been […]
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Globally, a third of the food produced is lost or wasted, and in Kenya, that figure stands at between 20% to 40%. For Kenya, unlike the developed world, food loss, not waste, is the greater problem, with small-scale farmers, who account for 75% of the total agricultural output in the country, facing a myriad of […]
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Social network X (formerly Twitter) launched new top-up packs for its developer API program on Tuesday. These paid upgrades will allow developers to fetch roughly 10,000 posts for $100 if they hit their existing tier’s limit midway through the month. Last year, Elon Musk curtailed free API access and released new paid tiers with the […]
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The carbon accounting startup targets SMBs to help them assess the carbon footprint of their operations and products.
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Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering this year that TechCrunch is tracking. Reddit, the well-known social forum […]
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Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company’s IPO on Thursday. The social media giant raised nearly $500 million in the offering. Excluding employee stock options, the 19-year old company’s valuation will start at $5.4 billion, a far […]
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OTB Ventures' new $185 million fund for deep tech in Europe will mostly be deployed at the Series A stage; but up to 10% could be allocated to seed funding, and more than 50% to follow-on investments.
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On Sunday, the world of video games was shaken by a hacking and cheating scandal. During a competitive esports tournament of Apex Legends, a free-to-play shooter video game played by hundreds of thousands of players daily, hackers appeared to insert cheats into the games of two well-known streamers — effectively hacking the players midgame. “Wait, […]
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