Tuesday, April 16, 2024

Elon Musk plans to charge new X users to enable posting

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Elon Musk is planning to charge new X users a small fee to enable posting on the social network and to curb the bot problem. In reply to an X account that posted about changes on X’s website, Musk said charging a small fee to new accounts was the “only way” to stop the “onslaught […]


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Monday, April 15, 2024

Finmid raises $24.7M to help SMBs access loans through platforms like Wolt

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finmid is building an embedded finance product that targets that relationship between marketplaces and sellers, and raised a Series A round to further build out its product and enter new markets.

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Threads is finally testing a recent filter for search results

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Meta-owned social network Threads is finally testing a “Recent” filter to sort search results by the latest. Instagram head Adam Mosseri noted Monday that this is a limited test, and the feature is available to only a few people. “We’re starting to test this with a small number of people, so it’s easier to find […]

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Tesla layoffs hit high performers, slashes some departments, sources say

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Tesla management told employees Monday that the recent round of layoffs — which gutted some departments by 20% and even hit high performers– were largely due to poor financial performance, a source familiar with the matter told TechCrunch. The layoffs were announced to staff just a week before Tesla is scheduled to report its first-quarter […]

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TechCrunch Minute: Where the Apple Vision Pro stands now the launch day hype has dropped off

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A few months after its launch, how is Apple’s Vision Pro faring? The company’s ambitious bet on computers that nestle on your face instead of sit on your desk made a huge splash when it was announced and later release. However, the hype has since seemingly come back down to Earth. I am a long-term […]

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Tesla execs Drew Baglino and Rohan Patel leaves as company lays off 10%

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Two high-profile executives have departed Tesla as the electric automaker lays off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla’s SVP of Powertrain and Energy, and Rohan Patel, VP of Public Policy and Business Development have left the company, Patel told TechCrunch. Patel said he decided to leave because of “[b]ig overall changes” at […]

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Jio Financial, BlackRock form JV for wealth management and broking in India

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Jio Financial Services, part of the Indian conglomerate Reliance, is forming a joint venture with U.S. asset manager BlackRock to set up a wealth management and stock broking business in India, the two firms said Monday. The announcement follows the BlackRock and Jio Financial launching a joint venture last year to offer asset management services […]

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OpenAI expands to Japan with Tokyo office and GPT-4 model optimized for the Japanese language

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OpenAI is expanding to Japan, announcing today a new Tokyo hub and plans for a GPT-4 model optimized specifically for the Japanese language. The ChatGPT-maker opened its first international office in London last year, followed by its inaugural European Union (EU) office in Dublin a few months later. Tokyo will represent OpenAI’s first office in Asia […]


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TechCrunch Mobility: Cruise robotaxis return and Ford’s BlueCruise comes under scrutiny

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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. It was another wild week in the world of transportation, particularly in the EV startup and automated driving industries. […]


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