The European Union has dialed up scrutiny of Chinese ecommerce marketplace Temu, asking for more information about its compliance with multiple provisions of the bloc’s online governance framework, the Digital Services Act (DSA), including in relation to how it prevents the sale of illegal goods on its platform. Back in May scores of consumer protection […]
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Monzo is now valued at $5.9 billion after the U.K.-based challenger bank announced a secondary market share sale to provide liquidity for its employees. The transaction saw existing investors such as Singapore’s sovereign wealth fund (GIC) and StepStone Group procuring additional shares in the London-based fintech. A secondary market sale essentially rewards employees for getting […]
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Elon Musk unveiled a prototype of Tesla’s Robovan on Thursday night during the company’s We, Robot event in Los Angeles. The Robovan will be an electric, autonomous vehicle roughly the size of a bus, designed for transporting people around high density areas. It will carry up to 20 people at a time and also transport […]
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Tesla has finally revealed its Cybercab, and it looks like a smaller, sleeker Cybertruck. And while many were expecting there to be at least one prototype of a robotaxi with no steering wheel or pedals, Tesla CEO Elon Musk delighted his fans with a lineup of 20 vehicles. The flashy “We, Robot” event took place […]
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Tesla has finally revealed its Cybercab, and it looks like a smaller, sleeker Cybertruck. And while many were expecting there to be at least one prototype of a robotaxi with no steering wheel or pedals, Tesla CEO Elon Musk delighted his fans with a lineup of 20 vehicles. The flashy “We, Robot” event took place […]
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Arne Schepker, the CEO of the popular Berlin-based language learning platform Babbel, is stepping down, and the company’s co-founder and former CEO Markus Witte is stepping back in to lead the company “into a new phase while searching for Arne’s successor with patience,” the company said. This new phase, unsurprisingly, will involve AI. Witte will not […]
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Tesla loves to put on a show, and Thursday’s Robotaxi reveal might just be the flashiest of them all. The electric vehicle maker is slated to unveil its much-hyped Robotaxi vehicle at Warner Bros. Discovery’s movie studio in Burbank, California. For those attending, doors will open at 5 p.m. PT, with remarks beginning at 7 […]
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Tesla loves to put on a show, and Thursday’s Robotaxi reveal might just be the flashiest of them all. The electric vehicle maker is slated to unveil its much-hyped Robotaxi vehicle at Warner Bros. Discovery’s movie studio in Burbank, California. For those attending, doors will open at 5 p.m. PT, with remarks beginning at 7 […]
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Three Amazon executives in charge of developing new technologies for checking out of physical stores – including Just Walk Out, Dash Carts, and Amazon One – are leaving or have left the division, TechCrunch has learned. In addition, a former high-ranking advertising executive at Amazon, Colleen Aubrey, was recently put in charge of Just Walk […]
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Three Amazon executives in charge of developing new technologies for checking out of physical stores – including Just Walk Out, Dash Carts, and Amazon One – are leaving or have left the division, TechCrunch has learned. In addition, a former high-ranking advertising executive at Amazon, Colleen Aubrey, was recently put in charge of Just Walk […]
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Social networking startup Bluesky is seizing the moment. Amid ongoing moderation issues affecting X rival Instagram Threads, the decentralized X competitor Bluesky has created an account on Meta’s newest platform. In doing so, the startup aims to capitalize on the discussions now taking place on Threads, where a number of users are threatening to leave […]
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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! Your usual host Kirsten is out on vacation, but she didn’t leave without writing up This Week’s Wheels. But for the rest, you’ve got me, Rebecca Bellan, […]
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Deal analysis outfit Pitchbook today released a new report that underscores how fewer exits are impacting the startup investing ecosystem. Among its findings? Beyond what’s commonly known – that a lot of the fundings today are insider rounds and bridge financings aimed at keeping companies alive – cash back to the limited partners (LPs) who […]
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More than 100,000 people have been laid off in the technology industry alone this year, and — either by circumstance or choice — at least some of them are not heading back into exclusively full-time work. LinkedIn launched a freelancer marketplace in 2021 to capture some of that activity. Now, at a time when other […]
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The U.S. and U.K. governments announced Thursday they will set up a joint children’s online safety working group to cooperate on safeguarding efforts in the digital realm by sharing evidence and expertise, and pushing for “common solutions” to child safety challenges. A joint statement, released by U.S. Commerce Secretary Gina Raimondo and U.K. Technology Secretary […]
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