Telegram has introduced a controversial new feature that grants users a free premium membership in exchange for allowing the instant messaging app to utilize their phone number as a relay for sending one-time SMS passwords to other users attempting to log into the platform, raising concerns about potential privacy risks and the exposure of personal […]
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Uzum, an e-commerce startup offering online shopping, fintech and food deliveries to millions of customers in Uzbekistan, has raised $114 million in funding, becoming the country’s first unicorn with a valuation of $1.16 billion. Uzbekistan is fertile ground for startups, given the fact that people aged below 30 constitute about 60% of its population of […]
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Here’s the harsh truth behind personal care products: you’re mostly buying water and plastics. The main ingredient in a bottle of shampoo or shower gel is water, and by far. It is mixed with a bunch of active ingredients. And because it’s a “pre-mixed” product, companies spend a lot of money on plastic bottles to […]
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Last year, Salesforce, the company best known for its cloud sales support software (and Slack), spearheaded a project called ProGen to design proteins using generative AI. A research moonshot, ProGen could — if brought to market — help uncover medical treatments more cost effectively than traditional methods, the researchers behind it claimed in a January […]
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Hello and welcome back to TechCrunch Space. Mark your calendars, everyone: Boeing and NASA are planning to conduct the first crewed Starliner mission as soon as May 1.
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Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acquisition, which was touted as a cost-saving measure that will reduce capital expenditures by 20%, comes as Canoo struggles to move beyond prototypes towards commercial production. Canoo […]
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Global Screening Services (GSS), a London-based regulatory compliance platform that helps financial institutions meet their global sanctions obligations, has raised $47 million in a round of funding. The raise comes amid a spike in economic sanctions, with the U.S. issuing trade-restrictions and asset-blocking against states including Russia, China, Iran, and more. Enforcement GSS co-founder and […]
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Noisy recordings of interviews and speeches are the bane of audio engineers’ existence. But one German startup hopes to fix that with a unique technical approach that uses generative AI to enhance the clarity of voices in video. Today, AI-coustics emerged from stealth with a €1.9 million in funding. According to co-founder and CEO Fabian Seipel, […]
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Get ready to amplify your Early Stage 2024 experience with the electrifying lineup of Side Events taking Boston by storm during the week of April 22–28. As the countdown to TechCrunch Early Stage begins, we’re thrilled to share our Side Events lineup to foster meaningful connections within the vibrant Boston tech community. Whether you’re a […]
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It's the first time the United Kingdom has attributed the massive breach of voter data since the cyberattack was first disclosed in 2023.
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Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric sedan. The company announced in a Monday morning regulatory filing that Ayar Third Investment, an affiliate of Saudi Arabia’s Public Investment Fund, has agreed to […]
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Today on Equity, Alex talks stocks around the world, crypto prices, and the weekend's biggest news: The the exit of Stability AI's CEO, the EU's Digital Markets Act, Spotify's edtech push, why Liquid Death is crushing it, and more.
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In a market that no longer favors growth at all costs, GoStudent's €3 billion valuation and global expansion may belong to the past. However, the Austrian tutoring platform reshaped quickly.
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Spotify has carved out a business for itself in music streaming, podcast entertainment and audiobooks. Now, in its ongoing efforts to get its 600 million+ users to spend more time and money on its platform, Spotify is spinning up a new line of content: e-learning. Starting with a rollout in the U.K., Spotify is testing […]
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