Wednesday, November 13, 2024

Klarna kickstarts U.S. IPO plans with confidential SEC filing

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The Swedish BNPL startup has confidentially filed a draft registration statement with the U.S. SEC.

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After spending three years working on SMS verification at Zenly, Prelude wants to fix SMS onboarding

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Prelude is a new a new French startup that focuses on SMS verification; it’s coming out of stealth Wednesday. The two founders met when they were working for Zenly, a popular location-sharing app with tens of millions of users that was acquired by Snap (and later shut down). While you might not think much about […]

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Just Eat Takeaway sells Grubhub to Wonder for $650 million

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Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it expects the deal to be completed by Q1 2025. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com and will accelerate our growth. This deal […]

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YouTube is now letting creators remix songs through AI prompting

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YouTube added a capability for select creators in the U.S. to create AI-generated songs via prompts using the vocals of artists like Charlie Puth, Charli XCX, Demi Lovato, John Legend, Sia, T-Pain, and Troye Sivan last year. Now, the company is adding a feature for select creators to remix a track by describing how they […]

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Perplexity brings ads to its platform

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AI-powered search engine Perplexity says it’ll begin experimenting with ads on its platform starting this week. Ads will appear in the U.S. to start, formatted as “sponsored follow-up questions.” (E.g., “How can I use LinkedIn to enhance my job search?”) Paid media will be positioned to the side of answers, and labeled as sponsored. Brands […]

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Donald Trump announces Elon Musk will co-lead Department of Government Efficiency

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President-elect Donald Trump announced on Tuesday that Elon Musk will co-lead the Department of Government Efficiency, the acronym of which spells out DOGE, Musk’s favorite cryptocurrency. The CEO of Tesla, SpaceX, xAI, Neuralink, and owner of X, will lead the department alongside biotech entrepreneur and former Presidential hopeful, Vivek Ramaswamy, to pave the way for […]

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NASA awards ‘sustainable’ aircraft concepts $11.5M

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The future of aircraft may look very similar to today’s superficially — but under the hood (or sitting next to the tailfins) they will likely be quite different. That’s the future NASA is hoping to nurture with five research awards worth $11.5 million. The Advanced Aircraft Concepts for Environmental Sustainability 2050 (AACES) program is an […]

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Apple reportedly releasing a wall-mounted smart home tablet in 2025 – and yes, it does AI

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Apple is gearing up to announce a new smart home hub, according to Bloomberg’s Mark Gurman. As early as March 2025, the iPhone maker could release a tablet that mounts to your wall, control smart home appliances, does video calls, and of course does Apple Intelligence. The device reportedly has a 6-inch touchscreen, but it’s […]

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TechCrunch Space: Nothing to see here!

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Hello, and welcome back to TechCrunch Space. There was absolutely no news last week because nothing happened. Just kidding. Defying all early polling, Donald Trump swept the election and will soon be sworn in for his second term in office. From a space policy perspective, things are already starting to look interesting. That’s mostly due […]

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23andMe cuts 40% of staff in restructuring

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23andMe announced on Monday it would cut 40% of its workforce, representing more than 200 employees, as part of a restructuring at the company. The genetic testing company is also discontinuing its therapeutics business and winding down its clinical trials; it expects these changes to save $35 million annually. “We are taking these difficult but […]

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Signal gets new video call features, making it a viable alternative to Zoom, Meet and Teams

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Privacy-focused messaging app Signal is adding new features for video calls, including links, reactions and a calls tab, in a bid to pose as an alternative to Zoom, Google Meet and Microsoft Teams. The highlight of the update is a new “Calls” tab, which lets you make new calls, manage call links, and check your […]

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Germany’s Klim raises $22M to take its regenerative farming platform international

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So-called “regenerative” farming, which is said to be less harmful to soils and biodiversity than conventional farming, offers an opportunity to reduce carbon emissions and alleviate the climate crisis. It also maintain the yields we have from modern farm methods. Global food production generates at least a quarter of climate-heating greenhouse gas emissions, and more than 80% […]

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Fleek, a marketplace for wholesale second-hand clothes, sews up $20M

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Second-hand clothing has exploded as a category over the past couple of decades. A London startup that’s built a first-of-its-kind platform to improve how this very fragmented industry operates is now announcing funding to double down on the opportunity. Fleek, an online marketplace that connects second-hand clothing wholesalers with those who sell it at retail, […]

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Quantune joins quest for the holy grail of non-invasive glucose monitoring

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Berlin-based Quantune is trying to shrink laser spectrometers so that you can wear one on your wrist, and it just raised $9M to do it.

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SoftBank Vision Fund co-CEO Misra to exit

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Rajeev Misra is to step down from his leadership roles at SoftBank’s flagship technology investment vehicles, marking the final departure of one of the Japanese group’s most prominent dealmakers. The company announced on Tuesday that Misra, who helped steer the $100 billion Vision Fund through both its meteoric rise and subsequent challenges, will relinquish his […]

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Wednesday, November 13, 2024

Tuesday, November 12, 2024