Friday, May 24, 2024

From Plaid to Figma, here are the startups that are likely — or definitely — not having IPOs this year

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Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we approach the halfway point of the year. 2024 delivered four venture-backed tech IPOs, Reddit, Astera Labs, Ibotta and Rubrik, in March and April, which made it seem like this year could spur the momentum investors had hoped […]

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Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns

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Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 billion valuation; Scale AI, a data-labeling platform for machine learning models, secured $1 billion as its valuation nearly doubled to $13.8 billion; and H, a fledgling French […]

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X should bring back stars, not hide ‘likes’

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Elon Musk’s X is preparing to make “likes” private on the social network, in a change that could potentially confuse users over the difference between something they’ve favorited and something they’ve bookmarked. According to new posts by company employees, the decision to hide likes is meant to incentivize engagement, by allowing people to favorite content […]


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$6M fine for robocaller who used AI to clone Biden’s voice

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The FCC has proposed a $6 million fine for the scammer who used voice-cloning tech to impersonate President Biden in a series of illegal robocalls during a New Hampshire primary election. It’s more about robocalls than AI, but the agency is clearly positioning this as a warning to other would-be high-tech scammers. As you may […]


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Tesla lobbies for Elon and Kia taps into the GenAI hype

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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Is it me, or is the Tesla board being a bit extra these days as it tries to convince shareholders to vote in favor of relocating the […]


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Thursday, May 23, 2024

Foursquare just laid off 105 employees

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Foursquare, the location-focused outfit that in 2020 merged with Factual, another location-focused outfit, is joining the parade of companies to make cuts to one of its biggest cost centers – employees – in 2024.  Per an email sent out to staffers this afternoon by current CEO Gary Little and viewed by TechCrunch, 105 employees were […]

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Using memes, social media users have become red teams for half-baked AI features

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“Running with scissors is a cardio exercise that can increase your heart rate and require concentration and focus,” says Google’s new AI search feature. “Some say it can also improve your pores and give you strength.” Google’s AI feature pulled this response from a website called Little Old Lady Comedy, which, as its name makes […]

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ESA prepares for the post-ISS era, selects The Exploration Company, Thales Alenia to develop cargo spacecraft

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The European Space Agency selected two companies on Wednesday to advance designs of a cargo spacecraft that could establish the continent’s first sovereign access to space.  The two awardees, major aerospace prime Thales Alenia Space and French startup The Exploration Company, will receive €25 million ($27 million) each to advance concepts for vehicles that can […]

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Canva launches a proper enterprise product — and they mean it this time

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Back in 2019, Canva, the wildly successful design tool, introduced what the company was calling an enterprise product, but in reality it was more geared towards teams than fulfilling true enterprise requirements. On Thursday, the company changed that, announcing a new enterprise version that is truly geared towards the needs of larger organizations. That includes […]

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The U.S. government sues to break up Live Nation-Ticketmaster

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The United States Department of Justice and 30 state attorneys general filed a lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, for alleged monopolistic practices. Live Nation and Ticketmaster merged in 2010, creating a dominant entertainment machine that controls the majority of ticket sales and venue bookings in the country. But Taylor Swift […]

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