Wednesday, July 24, 2024

Star Catcher wants to build a space power grid to supercharge orbital industry

Our growth as a civilization is tightly coupled to our ability to sufficiently generate ever-increasing amounts of electricity. Could the same be true in space?  Star Catcher Industries, a startup just emerging from stealth today, is betting that might be the case. The company is developing a space-based energy grid that could enable more power-intensive […]

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The next fintech to go public may not be the one you expected

Welcome to TechCrunch Fintech! This week, we’re looking at Human Interest’s path toward an IPO, fintech’s newest unicorn, a slew of new fundraises, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big story SMB-focused 401k provider […]


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Tuesday, July 23, 2024

Mark Zuckerberg imagines content creators making AI clones of themselves

Content creators are busy people. Most spend more than 20 hours a week creating new content for their respective corners of the web. That doesn’t leave much time for audience engagement. But Mark Zuckerberg, Meta’s CEO, thinks that AI could solve this problem. In an interview with internet personality Rowan Cheung, Zuckerberg laid out his […]

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Elon Musk sets new date for Tesla robotaxi reveal, calls everything beyond autonomy ‘noise’

Elon Musk says he will show off Tesla’s purpose-built “robotaxi” prototype during an event October 10, after scrapping a previous plan to reveal it August 8. Musk said Tesla will also show off “a couple of other things,” but didn’t explain what that meant. The comments, made on Tesla’s second-quarter earnings call Tuesday, largely confirms […]

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Elon Musk sets new October 10 date for ‘robotaxi’ reveal and ‘other things’

Elon Musk says he will show off Tesla’s purpose-built “robotaxi” prototype during an event October 10, after scrapping a previous plan to reveal it August 8. Musk said Tesla will also show off “a couple of other things,” but didn’t explain what that meant. The comments, made on Tesla’s second-quarter earnings call Tuesday, largely confirms […]

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Elon Musk sets new October 10 date for ‘robotaxi’ reveal and ‘other things’

Elon Musk says he will show off Tesla’s purpose-built “robotaxi” prototype during an event October 10, after scrapping a previously-planned reveal on August 8 earlier this month. Musk said Tesla will also show off “a couple of other things,” but didn’t explain what that meant. The comments, made on Tesla’s second-quarter earnings call Tuesday, largely […]

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India scraps ‘angel tax’ in boost to startups

India’s federal government has removed the controversial “angel tax” for all classes of investors, delivering a major victory to the country’s startup ecosystem that had lobbied for years against the measure. “To bolster the India startup ecosystem, to boost entrepreneurial spirit and support innovation, I propose abolishing angel tax for all classes of investors,” Finance […]

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Monarch Tractor CEO says $133M raise will help it escape ‘quite a challenging time’

Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures.  The $133 million Series C funding round was co-led by agri-food […]


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TechCrunch Space: SpaceX’s big plans to bring the ISS back to Earth

Hello and welcome back to TechCrunch Space. Before we begin, a quick note: I write this newsletter on Friday and it gets delivered to you on Monday. So if I neglect to mention a world-historical event that happens over the weekend — like, say, the attempted assassination of a former President — that’s why. Now […]


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Monday, July 22, 2024

Kakao founder arrested over alleged market manipulation

Brian Kim, the founder of South Korean internet giant Kakao, was arrested Tuesday on allegations of stock price manipulation related to the company’s takeover of K-pop agency SM Entertainment in 2023. The Seoul Southern District Court said on Tuesday that it had issued a warrant for Kim’s arrest after a hearing on Monday due to […]

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Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with support of investors have opted to remain independent, the person said. Wiz’s CEO, […]

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Monarch Tractor CEO says $133M raise will help it escape ‘quite a challenging time’

Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures.  The $133 million Series C funding round was co-led by agri-food […]

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TechCrunch Space: SpaceX’s big plans to bring the ISS back to Earth

Hello and welcome back to TechCrunch Space. Before we begin, a quick note: I write this newsletter on Friday and it gets delivered to you on Monday. So if I neglect to mention a world-historical event that happens over the weekend — like, say, the attempted assassination of a former President — that’s why. Now […]

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