Monday, July 8, 2024

Data workers detail exploitation by tech industry in DAIR report

The essential labor of data work, like moderation and annotation, is systematically hidden from those who benefit from the fruits of that labor. A new project puts the lived experiences data workers around the world in the spotlight, showing firsthand the costs and opportunities of tech work abroad. Many tedious, thankless, or psychologically damaging tasks […]

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Valuations of startups have quietly rebounded to all-time highs. Some investors say the slump is over. 

Generative AI businesses aside, the last couple of years have been relatively difficult for venture-backed companies. Very few startups were able to raise funding at prices that exceeded their previous valuations.   Now, approximately two years after the venture slump began in early 2022, some investors, like IVP general partner Tom Loverro, are saying that the […]

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Ariane 6 is the future of European heavy-lift launch — for better or worse

Europe’s next-generation launch vehicle, the Ariane 6, is poised to lift off for the first time tomorrow, as the continent looks to build out sovereign access to space and ensure European missions are launched by European rockets.  The heavy-lift rocket will launch from the Guiana Space Center in French Guiana, with a four-hour launch window […]

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Art therapy app Scribble Journey lets you express emotions through doodles

Numerous concerns are weighing on the minds of many, whether it’s current global conflicts, climate change, or the precarious state of the economy, it is no surprise that the world is grappling with a mental health crisis. Some users have turned to apps to cope with mental health struggles. According to data by Grand View […]

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Lucid Motors sets new record for EV deliveries as it seeks ‘escape velocity’

Lucid Motors delivered 2,394 EVs in the second quarter of 2024, a new record for the company and a positive sign amid its struggle to establish a foothold in the still-growing market for electric vehicles. That number easily clears Lucid’s prior record, which it set in the first quarter of the year when it shipped […]

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Delivery Hero warns it could face €400M antitrust fine

Berlin-based food delivery giant Delivery Hero has warned investors it may “ultimately” face an antitrust fine of up to €400 million. The development, reported earlier by Reuters, follows unannounced raids by European Union authorities on the offices of Delivery Hero and its Spanish subsidiary Glovo back in November 2023 and July 2022. The EU did […]

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Sunday, July 7, 2024

Investors chase wealthtech startups in India as affluent class grows

Investors are betting on Indian wealthtech startups as a growing middle class turns to diversify investments and startups challenge traditional financial advisors for high-net-worth clients. Premji Invest is in advanced stages of talks to lead a funding round of $30 million to $40 million in Dezerv, an app offering a suite of investment solutions to […]

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Epic Games CEO promises to ‘fight’ Apple over ‘absurd’ changes

It sounds like the latest dispute between Apple and Fortnite-maker Epic Games isn’t over. Epic has been fighting Apple for years over the company’s revenue-sharing requirements in the App Store. While Epic’s antitrust lawsuit against Apple was defeated last year, many of its criticisms were echoed in a different lawsuit filed against Apple in March […]

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What happens if you shoot down a delivery drone?

As deep-pocketed companies like Amazon, Google and Walmart invest in and experiment with drone delivery, a phenomenon reflective of this modern era has emerged. Drones, carrying snacks and other sundries, are being shot out of the sky.  Incidents are still rare. However, a recent arrest in Florida, in which a man allegedly shot down a […]

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Saturday, July 6, 2024

Waymo robotaxi pulled over by Phoenix police after driving into the wrong lane

A police officer pulled over a self-driving Waymo vehicle in Phoenix after it ran a red light and pulled into a lane of oncoming traffic, according to dispatch records. The incident took place on June 19, but local media including Arizona Republic released bodycam footage of the traffic stop this week, showing the vehicle weaving […]

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Figma pauses its new AI feature after Apple controversy

Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. This week, Figma CEO Dylan Field said the company will temporarily disable its “Make Design” AI feature after it was accused of “heavily” training the tool on existing apps. The […]

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