Friday, June 14, 2024

Tesla shareholders to vote today on $56B pay package

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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! Kirsten Korosec is still off on holiday, so you’ve got me once again! Today is the big Tesla shareholder vote. We’ll finally get to learn, among other […]


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Thursday, June 13, 2024

We’re about to learn a whole lot more about how the human body reacts to space 

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We could be entering a renaissance for human spaceflight research, as a record number of private citizens head to space — and as scientists improve techniques for gathering data on these intrepid test subjects.  A sign that the renaissance is imminent appeared earlier this week, when the journal Nature published a cache of papers detailing […]

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Tesla shareholders vote yes again to approve Elon Musk’s $56B pay plan 

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Tesla CEO Elon Musk has secured enough shareholder votes to have his 2018 stock option compensation package approved. Shareholders also approved the company’s decision to re-incorporate of Tesla in Texas, moving it away from the state where Musk’s pay package was struck down: Delaware.  Shareholders present at the company’s annual meeting Thursday, held at Tesla’s […]

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Tern AI wants to reduce reliance on GPS with low-cost navigation alternative 

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The most critical systems of our modern world rely on GPS, from aviation and road networks to emergency and disaster response, from precision farming and power grids to weather forecasting and military defense. That dependence is becoming a problem.  “We’ve got an increased threat from foreign adversaries who have shown capabilities to jam, to destroy, […]


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Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale

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Since fintech startup Brex’s inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs. But starting today, the pair told TechCrunch in an exclusive interview, the San Francisco-based corporate credit card and expense management company is shifting to a more traditional — and what they say should be […]


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AccountsIQ takes in $65M to boost its bookkeeping tools with AI

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The economy remains on shaky ground in Europe, but there is some silver lining for enterprise startups: those building tools to help businesses run their finances in more steady and predictable ways are seeing a boost to their business.  In the latest development, AccountsIQ, a Dublin-founded accounting technology company that has been in business, and […]

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Wednesday, June 12, 2024

Android Engineering VP Dave Burke steps down, as he explores “AI/bio” roles within the company

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Long-time Android Engineering VP Dave Burke said today that he is stepping down from the role. Burke, who spent 14 years building Android, is not leaving Alphabet and is exploring “AI/bio” projects within the company. Burke was involved in pivotal projects, including building Nexus/Pixel phones, developing Chrome for mobile phones, starting Android TV, and spearheading […]

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Why being the last company to launch in a category can pay off

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When Jordan Nathan launched his DTC nontoxic cookware company, Caraway, in 2019, he knew he was not the only founder trying to sell a new brand of pots and pans to millennials scrolling through Instagram. But he found that launching after his peers ended up being a blessing in disguise in all areas but one. […]

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Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers

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It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth Wednesday with $13 million in […]

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Germany’s Black Semiconductor raises $273M for graphene-based chip tech

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Tech sovereignty has become a looming priority for a number of nations these days, and now a startup working in semiconductors has received a major boost in aid of that effort for Germany and Europe.   Black Semiconductor, which is developing a new kind of chip-connecting technology based on graphene, has raised €254.4 million (around $273 […]

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