Wednesday, May 29, 2024

Chinese EV makers, and their connected vehicles, targeted by new House bill

Chinese EV manufacturers face a new challenge in their pursuit of U.S. customers: a new House bill that would limit or ban the introduction of their connected vehicles. The bill, introduced by U.S. Rep. Elissa Slotkin, comes as the trade war between the U.S. and China heightens in the aftermath of the Biden administration’s decision […]

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Fisker cuts hundreds of workers in bid to keep EV startup alive

Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers suspected layoffs were coming when the company directed everyone to work from home on Wednesday — an out-of-character directive, according to multiple current and former […]

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This founder says memetech is the next big thing

Alex Taub, a longtime founder with multiple exits under his belt, believes it’s time to disrupt the meme industry. “I have this big thesis that memetech is going to be the next big category,” Taub told TechCrunch. “Like, there’s healthtech, there’s proptech, there’s adtech, there’s fintech… I think memetech is about to have a big […]

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House bill would ban Chinese connected vehicles over security concerns

U.S. Rep. Elissa Slotkin will introduce a bill to Congress that would limit or ban the introduction of connected vehicles built by Chinese companies if found to pose a threat to national security.  The bill comes as the trade war between the U.S. and China heightens in the aftermath of the Biden administration’s decision to […]

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MoviePass co-founders speak their truth in HBO’s new documentary 

HBO’s new documentary, “MoviePass, MovieCrash,” tells a story that many of us know about: how MoviePass, the subscription-based movie ticketing startup, was a catastrophic failure. After a series of mishaps and deception, it filed for bankruptcy in 2020.  However, the movie also tells the underreported tale of two Black men who aimed to disrupt the […]

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OpenAI signs on 100K PwC workers to its ChatGPT enterprise tier, as the consultant becomes its first resale partner

ChatGPT has changed the game for how ordinary people regard and interact with AI, and today its creator announced a new, major enterprise customer that it hopes will be a signal of how a similar effect could play out in the world of work.  PwC, the management consulting giant, has signed on as a customer […]

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72 hours left of the Disrupt early-bird sale

Tech enthusiasts and entrepreneurs, the clock is ticking! With just 72 hours remaining until the early-bird ticket deadline for TechCrunch Disrupt 2024, now is the time to secure your spot and save big on this premier tech event. Don’t miss out on the opportunity to join us in San Francisco for an unforgettable experience filled […]

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Tuesday, May 28, 2024

Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund

Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund.  The new fund, called Future Leaders Fund III, will enable the Mumbai-headquartered firm to write larger checks and maintain a meaningful position in the startups it backs, […]

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Anthropic hires former OpenAI safety lead to head up new team

Jan Leike, a leading AI researcher who earlier this month resigned from OpenAI before publicly criticizing the company’s approach to AI safety, has joined OpenAI rival Anthropic to lead a new “superalignment” team. In a post on X, Leike said that his team will focus on various aspects of AI safety and security, specifically “scalable […]

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A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […]

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OpenAI’s new safety committee is made up of all insiders

OpenAI has formed a new committee to oversee “critical” safety and security decisions related to the company’s projects and operations. But, in a move that’s sure to raise the ire of ethicists, OpenAI’s chosen to staff the committee with company insiders — including Sam Altman, OpenAI’s CEO — rather than outside observers. Altman and the […]

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Early bird gets the savings — 4 days left for Disrupt sale

Time is running out for tech enthusiasts and entrepreneurs to secure their early-bird tickets for TechCrunch Disrupt 2024! With only four days left until the May 31 deadline, now is the perfect time to purchase your tickets and save up to $800 before prices increase. This event will be held in San Francisco, drawing 10,000 […]

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Skej’s AI meeting scheduling assistant works like adding an EA to your email

AI may not be up to the task of replacing Google Search just yet, but it can be useful in more specific contexts — including handling the drudgery that comes with performing everyday tasks, like scheduling meetings. That’s the premise behind the new startup, Skej, which offers an AI assistant you can loop into your […]

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