Sunday, August 18, 2024

Saturday, August 17, 2024

Nancy Pelosi criticizes California AI bill as ‘ill-informed’

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Congresswoman Nancy Pelosi issued a statement late yesterday laying out her opposition to SB 1047, a California bill that seeks to regulate AI. “The view of many of us in Congress is that SB 1047 is well-intentioned but ill-informed,” Pelosi said. She noted that other congresspeople from the Bay Area — Zoe Lofgren, Anna Eshoo, […]

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Palantir CEO Alex Karp is ‘not going to apologize’ for military work

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Data analytics company Palantir has faced criticism and even protests over its work with the military, police, and U.S. Immigrations and Customs Enforcement, but co-founder and CEO Alex Karp isn’t interested in “the apology show.” In a lengthy New York Times profile, Karp told Maureen Dowd that the company has a “a consistently pro-Western view” […]

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Why Porsche NA CEO Timo Resch is betting on ‘choice’ to survive the turbulent EV market

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Timo Resch is basking in the sun. That’s literally true, as we spoke on a gloriously clear California day at the Quail, one of Monterey Car Week’s most prestigious events. But it’s figuratively true as well, as Resch, who took the CEO role at Porsche Cars North America (PCNA) last November, is in a very […]

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Google takes on OpenAI with Gemini Live

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Made by Google was this week, featuring a full range of reveals from Google’s biggest hardware event. Google unveiled its new lineup of Pixel 9 phones, including the $1,799 Pixel 9 Fold Pro; advanced AI-powered photo-editing tools; and the new Pixel Buds Pro 2, which are infused with Gemini AI. The company also announced Gemini […]

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OpenAI’s new voice mode let me talk with my phone, not to it

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I’ve been playing around with OpenAI’s Advanced Voice Mode for the last week, and it’s the most convincing taste I’ve had of an AI-powered future yet. This week, my phone laughed at jokes, made them back to me, asked me how my day was, and told me it’s having “a great time.” I was talking […]

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X says it’s closing operations in Brazil

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X, the social media platform formerly known as Twitter, said today that it’s ending operations in Brazil, although the service will remain available to users in the country. The announcement comes during a legal battle with Brazil’s Supreme Court Justice Alexandre de Moraes, who sought to block certain accounts on X as part of an […]

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Ikea expands its inventory drone fleet

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One of the biggest questions looming over the drone space is how to best use the tech. Inspection has become a key driver, as the autonomous copters are deployed to dangerous or remote spaces like power plants and oil rigs. Inventory drones are a promising subset of the category that has emerged in recent years. […]

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TechCrunch Minute: Lockheed Martin rescues satellite manufacturer Terran Orbital

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Lockheed Martin is acquiring satellite manufacturer Terran Orbital, taking the smaller company private and potentially rescuing it from running out of cash while facing serious debt. Although Terran Orbital itself wasn’t founded until 2013, its history goes back to the late ’90s, to the development of the CubeSat, which became the flagship in a new […]


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African e-commerce company Jumia completes sale of secondary shares at $99.6M

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Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American depositary shares (ADSs) and raise more than $100 million, given its share price of around $5.70 at the time. The e-tailer has now completed the at-the-market transaction offering of 20,227,736 ADSs. Jumia sold the shares at an […]


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Friday, August 16, 2024