In early 2018, VC Mike Moritz wrote in the FT that “Silicon Valley would be wise to follow China’s lead,” noting the pace of work at tech companies was “furious” and that China offered “investment opportunities in the best companies.” Soon after, it all imploded. Worse, as the FT notes in a new piece, between […]
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Fei Fei Li, the Stanford professor many deem the “Godmother of AI,” has raised $230 million for her new startup, World Labs, from backers including Andreessen Horowitz, NEA, and Radical Ventures. World Labs is valued at over $1 billion, and the capital was raised over two rounds spaced a couple of months apart, TechCrunch reported […]
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The rise of neobanks has been fascinating to witness, as a number of companies in recent years have grown from merely challenging traditional banks to being massive players in and of themselves. Dave and Varo Bank are just two examples of such neobanks. Hear Dave co-founder and CEO Jason Wilk and Varo Bank founder and […]
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TuSimple, once a buzzy startup considered a leader in self-driving trucks, is trying to move its assets to China to fund a new AI-generated animation and video game business. The pivot has not only puzzled and enraged several shareholders, but also threatens to pull the company back into a legal morass mere weeks after reaching […]
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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 once again proved that the startup world isn’t homogeneous when it comes to risk-taking. Let’s have a look. Most interesting startup stories from the week […]
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Telegram has had a tough few weeks lately. The messaging app’s founder, Pavel Durov, was arrested in late August and later released on a €5 million bail in France, charged with running a company complicit in distributing child sexual abuse material, and facilitating drug trafficking and organized fraud. Predictably, that crashed the price of the […]
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There are plenty of calendar and scheduling apps that take care of your professional life and help you slot in meetings with your teammates and work collaborators. Howbout is all about finding time with your friends to catch up. The company is banking on the fact that some Gen Z users are very happy to […]
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Indian logistics firm Delhivery has publicly contested the accuracy of metrics presented by competitor Ecom Express in its draft initial public offering prospectus, a rare confrontation in the lead-up to the latter’s market debut. Delhivery, which is backed by SoftBank and already publicly listed, claims that Ecom Express has inaccurately represented Delhivery’s business metrics when […]
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It was a matter of time, but Apple is going to allow third-party app stores on the iPad starting next week, on September 16. This change will occur with the next major release of iPadOS, the operating system specifically designed for the iPad. The move is related to the European Union’s Digital Markets Act (DMA), […]
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The U.K.’s antitrust regulator has delivered its provisional ruling in a longstanding battle to combine two of the country’s major telecommunication operators. The Competition and Markets Authority (CMA) says that Three and Vodafone’s planned $19 billion merger could lead to higher prices for consumers, diminished service such as smaller data packages in contracts, and reduced […]
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Late Thursday evening, Oprah Winfrey aired a special on AI, appropriately titled “AI and the Future of Us.” Guests included OpenAI CEO Sam Altman, tech influencer Marques Brownlee, and current FBI director Christopher Wray. The dominant tone was one of skepticism — and wariness. Oprah noted in prepared remarks that the AI genie is out […]
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Antonio Moraes, the grandson of a late prominent Brazilian billionaire, was never interested in joining the family-owned conglomerate of construction companies and a bank. Shortly after graduating from college, he founded one of Brazil’s first impact funds, which invested primarily in companies that made healthcare more accessible and affordable. But while attending Stanford University, where […]
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Rajeev Behera’s new all-on-one HR startup, dubbed Every, is either brilliant or crazy.
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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! The transportation beat just keeps on truckin’ — or scooting along, depending on your preferred vehicle and speed. And this week, our coverage ran the gamut from […]
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