Monday, September 16, 2024

Flink, the quick commerce startup, raises another $150M at a valuation of just under $1B

Flink, the quick commerce startup out of Berlin that was an acquisition target first of Gorillas, then Getir, and then Amazon, and then Gopuff, today made a move that spells out how it plans to go forth on its own. The company has confirmed a fresh fundraise of $150 million — $115 million in equity […]

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Amazon will host its Prime Big Deals Day sales event on October 8 and 9

Amazon said today that it will host its Prime Day-like sales event, “Prime Big Deals Day,” on October 8-9. For the last two years, the ecommerce company has scheduled its fall event in October and has continued that tradition this year. Apart from the U.S., this event will take place in countries including Australia, Austria, […]

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Bluesky now has 10 million users

Social network Bluesky said Monday that it now has more than 10 million users on the platform. This is largely thanks to the rapid growth of the network in the past few weeks after Elon Musk-owned X was shuttered in Brazil. “If you’re reading this, you’re one of the first 10 million users on Bluesky!” the […]

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Intel moves to spin out foundry business, inks AI chip deal with AWS

Intel has announced a key customer win and changes to its foundry business as the beleaguered chipmaker looks to execute a turnaround. Intel is taking steps to transition its chip foundry division, Intel Foundry, to an independent subsidiary, Intel CEO Patrick Gelsinger said in a blog post. Intel Foundry’s leadership isn’t changing, and the subsidiary […]

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Tech’s emissions may be way higher than disclosed due to ‘creative accounting’ of carbon

Accounting for the emissions of a global tech empire is not a simple task, and what industry standards we do have for disclosure may allow tech companies to systematically understate their carbon footprint. A Guardian report compares official declarations of carbon emissions, including what amount to offsets purchased elsewhere, with “location-based” emissions, another standard metric […]

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Slack is turning into an AI agent hub. Should it?

The head of Slack, Denise Dresser, tells TechCrunch she is shifting the business chat platform into a “work operating system,” specifically by making Slack a hub for AI applications from Salesforce, Adobe, and Anthropic. The company’s CEO sees Slack as more than a place to chat with your coworkers, but do users want that? And […]

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UK’s privacy watchdog takes credit for rise of ‘consent or pay’

The UK’s data protection watchdog claims a crack down on websites that don’t ask for consent from visitors to track and profile their activity for ad targeting is bearing fruit. However it’s admitted some of the changes driven by the intervention have seen sites adopting a controversial type of paywall that demands users pay a […]

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TechCrunch Space: The dawn of Polaris

Hello and welcome back to TechCrunch Space. In case you missed it, the final agenda for the Space Stage at TechCrunch Disrupt is now live. Join us from October 28-30 in San Francisco to hear from the space industry’s top leaders, entrepreneurs, and investors. You won’t want to miss it. Want to reach out with […]

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Sam Altman departs OpenAI’s safety committee

OpenAI CEO Sam Altman is leaving the internal commission OpenAI created in May to oversee “critical” safety decisions related to the company’s projects and operations. In a blog post today, OpenAI said the committee, the Safety and Security Committee, will become an “independent” board oversight group chaired by Carnegie Mellon professor Zico Kolter, Quora CEO […]

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Gogoro CEO resigns as subsidy fraud investigation continues

Gogoro, the Taiwanese electric scooter manufacturer and battery swapping giant, said its CEO and chairman Horace Luke has stepped down amid subsidy fraud allegations, according to a regulatory filing. Gogoro allegedly used Chinese parts for e-scooters to reduce manufacturing costs, despite reporting that it used locally made parts to qualify for government subsidies. In a […]

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Apple’s iOS 18 is now available to download

On Monday Apple released the new version of iOS, the company’s operating system for the iPhone. iOS 18 is a free download and it works with the iPhone XR & XS or later, as well as the second- and third-generation iPhone SE. In other words, if your iPhone supports iOS 17, you can install iOS […]

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Oracle CEO Larry Ellison says that AI will someday track your every move

Speaking with investors this month at an Oracle financial analysts meeting, Oracle CEO Larry Ellison said that he expects AI to one day power massive law enforcement surveillance networks. “We’re going to have supervision,” he said. “Every police officer is going to be supervised at all times, and if there’s a problem, AI will report […]

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TechCrunch Minute: FDA approval sets the stage for Apple’s AirPod hearing aids

During last week’s GlowTime event, Apple announced that iOS 18 will include a feature allowing users with mild to moderate hearing loss to use AirPods as hearing aids. But Apple was still waiting on approval from the FDA — approval that was announced just a couple days later. The FDA describing this as the first […]

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TeamBridge, founded by former Uber execs, raises $28M to build HR software for hourly workers

Arjun Vora and Tito Goldstein were working on the corporate side of Uber when they realized that HR software largely wasn’t built to manage hourly staff. Many hourly workers lacked a way to complete basic self-service tasks, the pair perceived, like clocking in and changing payment accounts. After interviewing hundreds of Uber drivers, Vora, an […]

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