Wednesday, August 28, 2024

Just how much cash does Stripe have?

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Welcome to TechCrunch Fintech! This week, we’re looking at the craziness that is Bolt’s proposed fundraise, how much money Synapse’s founder has raised for his new venture, just how much cash Stripe has and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 […]


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Tuesday, August 27, 2024

Zepto, snagging $1 billion in 90 days, projects 150% annual growth

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Zepto co-founder Aadit Palicha told a group of analysts and investors on Tuesday that the Indian delivery startup anticipates growth of 150% in the next 12 months, a remarkable figure suggesting the fast-growing quick commerce market in India is showing no signs of slowing down. Palicha shared these insights during a call organized by an […]

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One busted valve led to the failure of Astrobotic’s $108M Peregrine lunar lander mission

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Astrobotic’s Peregrine lunar lander failed to reach the moon because of a problem with a single valve in the propulsion system, according to a report on the mission released Tuesday. Company leadership said in a press conference that engineers have redesigned the valve and introduced additional redundancy into the propulsion system of its next lander, […]

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Lyft follows in Uber’s footsteps with a rider verification program

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In an effort to improve its security measures, Lyft announced Tuesday a new rider verification pilot program to help drivers verify riders’ identities and ensure that they are indeed who they say they are.  Starting today, Lyft’s new program is rolling out to nine markets, including Atlanta, Chicago, Denver, Detroit, Houston, Jacksonville, Miami, Phoenix, and Seattle. The […]

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TechCrunch Minute: Boeing’s Starliner spacecraft is returning home empty

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Astronauts Butch Wilmore and Suni Williams are stuck aboard the International Space Station (ISS) after their test flight on Boeing’s Starliner went awry. This weekend, NASA announced that these astronauts will remain aboard the ISS until February, when SpaceX’s Dragon will retrieve them as part of the crew-9 mission. Eight months is a long time […]

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Paris court explains why it’s arrested Telegram founder, Pavel Durov

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When Pavel Durov, founder and CEO of messaging app Telegram, was arrested on August 24, French authorities did not respond to requests for comment. The secrecy of pre-trial investigations and inquiries is an important principle in the French judicial system. French television network TF1 reported that the main issues are Telegram’s (lack of) moderation processes […]

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Google’s AI overviews in Hindi need a quality upgrade

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Given India’s language diversity, digital content companies already face a challenge in trying to show and translate content accurately. Google is facing a similar problem with AI overviews recently rolled out in the country. The company introduced Hindi support for AI overviews in the country earlier in August. Users in India can also switch between […]

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Apple will replace CFO Luca Maestri next year

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Apple announced today that Chief Financial Officer Luca Maestri will step away from his executive role, effective January 1. Kevan Parekh, Apple’s current VP of Financial Planning, will be promoted to CFO after 11 years at Apple. Maestri has been CFO at Apple since 2014, and he’s now transitioning to a different role in the […]


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