Friday, August 9, 2024

Substack now lets anyone publish posts, even if they don’t have a newsletter

Substack is opening up to more users with its recent announcement that anyone can now publish content on its platform without setting up a publication. With the change, Substack is likely looking to attract more types of writers and content creators, not just people who are interested in creating regularly distributed long-form written pieces. While […]

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China’s autonomous vehicle startup WeRide prepares for a US IPO

WeRide, a Chinese autonomous vehicle company, is officially gearing up for a U.S. public debut, over a year after China started easing its effective ban of foreign IPOs.  WeRide registered 1 billion American Depository Receipts (ADRs) at a maximum price of $0.05, with the aggregate offering coming in at $50 million, per a Friday filing […]

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AI founders play musical chairs

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week we are looking at AI founders who are playing musical chairs, a massive defense tech investment, and more issues at Techstars. Let’s get into it. Most […]

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As unrest fueled by disinformation spreads, the U.K. may seek stronger power to regulate tech platforms

The U.K. government has indicated it may seek stronger powers to regulate tech platforms follows days of violent disorder across England and Northern Ireland fuelled by the spread of online disinformation. On Friday prime minister Keir Starmer confirmed there will be a review of the Online Safety Act (OSA). The legislation, which was passed by […]

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OpenAI adds a Carnegie Mellon professor to its board of directors

OpenAI has announced a new appointment to its board of directors: Zico Kolter. Kolter, a professor and director of the machine learning department at Carnegie Mellon, predominantly focuses his research on AI safety. This makes him an “invaluable technical director for [OpenAI’s] governance,” OpenAI writes in a post on its official blog. AI safety has […]


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Thursday, August 8, 2024

Ola Electric surges in India’s biggest listing in two years

Ola Electric, the largest electric two-wheeler maker in India, jumped as much as 20% on its public debut Friday in what is the biggest listing among Indian firms in two years. Shares of the Bengaluru-based firm, which counts SoftBank and Temasek among its backers, jumped to 91.18 rupees ($1.1) from than the upper IPO price […]

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Rocket Lab’s sunny outlook bodes well for future constellation plans 

Rocket Lab surpassed $100 million in quarterly revenue for the first time, a 71% increase from the same quarter of last year. This is just one of several shiny accomplishments executives showed off to investors on Thursday — and a good omen for the space company’s medium-term ambitious plans. Executives continued to tease plans for […]

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CloudPay, a payroll services provider, lands $120M in new funding

In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several decades, adding workflow automation features to maintain pace with upstart rivals. It’s still growing, CFO Andy Thomson assures TechCrunch. Thomson claims that CloudPay is handling […]

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Instagram is embracing the ‘photo dump’

Instagram is rolling out the ability for users to add up to 20 photos or videos to their feed carousels, as the platform embraces the trend of “photo dumps.” Back in 2017, Instagram added the ability to post up to 10 photos or videos in one swipeable carousel post. Now, you can post double the […]

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Lyft ‘opens a can of whoop ass’ on surge pricing, Tesla’s Dojo explained and Saudi Arabia pumps $1.5B into Lucid

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! Anyone paying even a little bit of attention to Tesla has probably heard about Dojo. Tesla CEO Elon Musk has referenced Dojo repeatedly over the years, oftentimes […]

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