Tuesday, April 23, 2024

Apple’s next iPad event is May 7

Apple just dropped an invite for its next event. Scheduled for May 7, the “Let Loose” presentation appears to be happening exclusively online – something that became standard fare for the company during the pandemic. Over the last couple of years, however, Apple has returned to in-person events, including WWDC, which kicks off in Cupertino […]

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Adobe claims its new image generation model is its best yet

Firefly, Adobe’s family of generative AI models, doesn’t have the best reputation among creatives. The Firefly image generation model in particular has been derided as underwhelming and flawed compared to Midjourney, OpenAI’s DALL-E 3, and other rivals, with a tendency to distort limbs and landscapes and miss the nuances in prompts. But Adobe is trying […]


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‘Send now, pay later’ startup Pomelo lands $35M Series A from secretive Vy Capital, Founders Fund

Pomelo, a startup that combines international money transfer with credit, has raised $35 million in a Series A round led by Dubai venture firm Vy Capital, TechCrunch has exclusively learned. Additionally, the company is announcing a $75 million expansion of its warehouse facility. Founders Fund and A* Capital also participated in the financing, along with […]


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Monday, April 22, 2024

Rivian targets gas-powered Ford and Toyota trucks and SUVs with $5,000 ‘electric upgrade’ discount

Rivian is offering discounts up to $5,000 on its EVs — and a year of free charging — to customers willing to trade in their gas-powered trucks and SUVs. The deal, which kicked off April 22, is aimed directly at some of the best-selling and most ubiquitous gas-powered trucks and SUVs on the market today, […]

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Rippling’s Parker Conrad on the company’s new round, new SF lease, and also, its newest critic

Last week, TechCrunch broke the news that the workforce management software outfit Rippling was on the cusp of closing a new, $200 million round of funding at a hefty $13.4 billion valuation led by Coatue. We also reported that the round featured a separate, $670 million secondary component meant to give some of the company’s […]

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Oura’s smart ring hits Target stores

Oura this morning announced that its smart ring will be available in select Target stores in the U.S. The deal, which also brings the wearable to the retailer’s site, follows similar\ announcements with Amazon in March and Best Buy last April. It’s a good bit of validation for a company that almost singlehandedly legitimatized the […]

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EU opens probe of TikTok Lite, citing concerns about addictive design

The European Union has opened a second formal investigation into TikTok, announcing Monday that it suspects the video sharing platform of breaking the bloc’s Digital Services Act (DSA), an online governance and content moderation framework. The Commission also said it’s minded to impose interim measures that could force the company to suspend access to the […]

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SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy

After a tumultuous year, banking-as-a-service (BaaS) startup Synapse has filed for Chapter 11 bankruptcy and its assets will be acquired by TabaPay, according to the two companies. The deal is pending bankruptcy court approval. Founded in 2017, Mountain View-based TabaPay is an instant money movement platform that Softbank backed in a 2022 round of an […]

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Disrupt 2024 call for speakers closes Friday

Get prepared to set the tech world on fire with your passion and expertise! TechCrunch Disrupt 2024 is poised to electrify San Francisco from October 28–30, and we’re on the lookout for dynamic speakers like you to elevate our event with your insights. Don’t miss out—applications close Friday, April 26 at 11:59pm PT! Here’s your […]

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Ecosia launches a cross-platform browser, starts an affiliate link program

Tree planting search engine Ecosia launched a new cross-platform browser today to increase its online footprint. The new browser, available for Mac, Windows, iOS, and Android, is built on top of Chromium. That’s why there aren’t many feature differences from Chrome. The company sees that as a good thing as people might be tempted to […]

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Sunday, April 21, 2024

Seraphim Space launches second VC fund with nine investments already under its belt

Following its first close with limited partners including Airbus, the early stage fund will build a global portfolio of 30 startups that will be backed at the seed and Series A stages.

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Peak XV’s Piyush Gupta leaves firm to start own secondary-focused VC fund

Piyush Gupta, one of the operating leaders at Peak XV Partners, has left the firm to start his own fund, four people familiar with the matter told TechCrunch. Gupta joined Peak XV (called Sequoia India and SEA then) in 2017, leading the influential venture firm’s strategic development team. Before joining Peak XV, he focused on […]

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