Wednesday, May 22, 2024

Food supply chain software maker Silo lays off ~30% of staff amid M&A discussions

Silo, a Bay Area food supply chain startup, has hit a rough patch. TechCrunch has learned that the company on Tuesday laid off roughly 30% of its staff, or north of two dozen employees. Silo has confirmed the headcount reductions, clarifying the cuts were across the board and not focused on individual departments. Silo shared […]

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Hydrolix seeks to make storing log data faster and cheaper

In 2008, Marty Kagan, who’d previously worked at Cisco and Akamai, co-founded Cedexis, a (now-Cisco-owned) firm developing observability tech for content delivery networks. Fellow Cisco veteran Hasan Alayli joined Kagan at Cedexis in 2012 as a technical lead, and the two worked together for a number of years. As Cedexis grew and began collaborating with […]

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Boeing, NASA indefinitely delay crewed Starliner launch

If you’ve been looking forward to seeing Boeing’s Starliner capsule carry two astronauts to the International Space Station for the first time, you’ll have to wait a bit longer. The mission, which has already been beset by issues with both the rocket and helium tanks, is now delayed indefinitely, NASA said in a statement late […]

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Space VC closes $20M Fund II to back frontier tech founders from day zero

Gone are the days when space and defense were considered fundamentally antithetical to venture investment. Now, the country’s largest venture capital firms are throwing larger portions of their money behind so-called hard tech startups at the earliest stages. This about-face has led some in the industry to question whether smaller investing shops will be able […]

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Ore Energy emerges from stealth to build utility-scale batteries that last days, not hours

Where Aytac Yilmaz lives in the Netherlands, the sun might not appear for days on end, which can really crimp the output of the country’s solar panels. Wind turbines might make up some of the shortfall, but what if the wind disappears at the same time? Enter long-duration energy storage, or massive batteries tailored to […]


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Ore Energy emerges from stealth to build utility-scale batteries that last days, not hours

Where Aytac Yilmaz lives in the Netherlands, the sun might not appear for days on end, which can really crimp the output of the country’s solar panels. Wind turbines might make up some of the shortfall, but what if the wind disappears at the same time? Enter long-duration energy storage, or massive batteries tailored to […]

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Posted from: this blog via Microsoft Power Automate.

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Microsoft’s new ‘Volumetric Apps’ for Quest headsets extend Windows apps into the 3D space

Microsoft announced on Tuesday during its annual Build conference that it’s bringing “Windows Volumetric Apps” to Meta Quest headsets. The partnership will allow Microsoft to bring Windows 365 and local PC connectivity to Quest headsets, enabling developers to extend their apps into the 3D space. “We’re deepening our partnership with Meta to make Windows a […]


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Tuesday, May 21, 2024

Paytm counts costs of regulatory clampdown as losses swell

One 97 Communications, the parent company of India’s leading digital payments platform Paytm, reported a widening of its consolidated net loss to $66.1 million in the quarter ending March, compared to a loss of $20.11 million in the same quarter last year as it grappled with a regulatory clampdown. For the full fiscal year 2024, […]

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In Seoul summit, heads of states and companies commit to AI safety

Government officials and AI industry executives agreed on Tuesday to apply elementary safety measures in the fast-moving field, and establish an international safety research network. Nearly six months after the inaugural global summit on AI safety at Bletchley Park in England, Britain and South Korea are hosting the AI safety summit this week in Seoul. The […]

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Boost your startup’s growth with a ScaleUp package at TC Disrupt 2024

Hey there, Series A to B startups with $35 million or less in funding — we’ve got an exciting opportunity that’s tailor-made for your growth journey! If you’re looking to elevate your presence at TechCrunch Disrupt 2024 without breaking the bank, look no further than our ScaleUp Startups Exhibitor Program. Why should you consider ScaleUp […]


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As a U.S. ban looms, TikTok announces a $1M program for socially driven creators

TikTok is pulling out all the stops to prevent its impending ban in the United States. Aside from initiating legal challenges against the government, that means shaping up its public image. On Tuesday, the platform announced its TikTok Change Makers Program, which includes fifty global creators who “create a positive impact on and beyond the […]

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UK data protection watchdog ends privacy probe of Snap’s GenAI chatbot, but warns industry

The UK’s data protection watchdog has closed an almost year-long investigation of Snap’s AI chatbot, My AI — saying it’s satisfied the social media firm has addressed concerns about risks to children’s privacy. At the same time, the Information Commissioner’s Office (ICO) issued a general warning to industry to be proactive about assessing risks to […]

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