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Showing posts from October, 2023

What not to do when getting your grocery startup off the ground with Abhi Ramesh from Misfits Market

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Abhi Ramesh, the founder and CEO at Misfits Market, the e-commerce site where customers can buy ugly or off-looking produce, meat or seafood in an effort to reduce food waste. Ramesh talked about: How he […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/0oty1SN

SBF’s defense puts forth a 35-minute last-ditch effort to show his good will

Contrary to the picture prosecutors tried to paint, Bankman-Fried insisted that he was not involved in the day-to-day trading operations of Alameda or its “core operations.” © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/WIPvbJx

French soccer players back African mobile video network StarNews Mobile in $3M round

African mobile video network StarNews Mobile has secured $3 million in pre-Series A funding. StarNews offers African content creators a platform for monetizing their work through a subscription model. Currently, the service is available in six African countries, including Cameroon (where it started), Nigeria, Ghana, Congo, Benin and Ivory Coast. Founder and CEO Guy Kamgaing […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/lHwQ7EG

Privacy will die to deliver us the thinking and knowing computer

We’re getting a a first proper look at much-hyped Humane’s “AI pin” (whatever that is) on November 9, and personalized AI memory startup Rewind is launching a pendant to track not only your digital but also your physical life sometime in the foreseeable future. Buzz abounds about OpenAI’s Sam Altman meeting with Apple’s longtime design […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Mitp5LN

Cruise hits the brakes on driverless, UAW makes progress and more EV backpedaling

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Ri5uJq0

Korean Investment Partners is the latest Korean VC firm to launch a Southeast Asia fund

More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. The latest one is KIPSEA. Short for Korean Investment Partners Southeast Asia, KIPSEA has a Singapore-based team and just announced its first fund close of $60 million. Limited partners come from South Korea, Hong Kong and […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Yk9MhSG

Posts with misinformation on X become ‘ineligible for revenue share’ says Musk

X posts that are corrected by Community Notes, the platform’s crowd-sourced fact-checking system, will become “ineligible for revenue share,” Elon Musk said Sunday. “The idea is to maximize the incentive for accuracy over sensationalism,” he wrote. The billionaire executive also noted that any attempts to “weaponize Community Notes to demonetize people will be immediately obvious, […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/5nQ3WbD

US automakers need to make up their minds already

Ford and GM are hedging their bets on EVs. In times of transition, that can be a terrible way to run a business. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/pq3jvSk

More than a year later, the $20B Adobe-Figma deal is still stuck in regulatory limbo

More than a year after Adobe announced it was acquiring Figma for $20 billion, the deal remains stuck in regulatory limbo. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/PE02dKt

A look at how one fintech CEO’s PR decision backfired

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled one CEO’s big PR flub, one firm’s new infusion of capital for early-stage fintech startups and […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/pInzfiv

Cruise ceases robotaxi operations, the Apple Watch gets a new feature and Carta tries to head off bad press

Hello, ghouls and goblins, and welcome to this Halloween Weekend edition of Week in Review (WiR), TechCrunch’s weekly tech recap in newsletter form. For our U.S.-based readers (and this reporter), ’tis the time for mid-autumn merrymaking — time-tested traditions like jack-o’-lantern carving, costuming and apple picking. May we all make the most of it. In […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/5XEV2qG

Tech layoffs are back with a vengeance

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. For my column this week, I told the story of how an ex-colleague was impersonated by an AI-powered spambot and almost tricked me. It a nutshell: AI is often used for good, but it is increasingly used for nefarious purposes […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/lE4KTSi

Elon Musk’s Twitter a year later: Everything you need to know

Welcome to Elon Musk’s Twitter (now X), where the rules are made up and the check marks don’t matter. The Tesla and SpaceX CEO announced his bid to buy Twitter in April 2022, zealously driven to rid the platform of spam bots and protect free speech; now, it’s the one-year anniversary since he made his […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/ArFv0bY

SBF testifying, bitcoin rises amid spot ETF speculation and Walmart’s web3 accelerator surfaces

It’s week four of the Sam Bankman-Fried trial…and he’s taking the stand today at 2 p.m. So keep an eye out for additional coverage.  © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/6wpi3Of

OpenAI forms team to study ‘catastrophic’ AI risks, including nuclear threats

OpenAI today announced that it’s created a new team to assess, evaluate and probe AI models to protect against what it describes as “catastrophic risks.” The team, called Preparedness, will be led by Aleksander Madry, the director of MIT’s Center for Deployable Machine Learning. (Madry joined OpenAI in May as “head of Preparedness,” according to […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/vZPATiz

Apple Pay Later is now available to all users in the US

Apple is making Apple Pay Later available to all users in the United States, after initially releasing it to a limited number of users back in March. Apple Pay Later allows users to split the cost of an Apple Pay purchase into four equal payments over six weeks without interest or late fees. The company […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/GDHOpX3

Amazon’s new generative AI tool lets advertisers enhance product images

Amazon is rolling out a new AI image generation tool for advertisers to generate backgrounds based on product descriptions and themes. Amazon is currently beta testing the tool with select advertisers and will expand availability “over time,” the company says. To use the tool, advertisers upload a photo, type an image description describing a background […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/MQOeVSn

Ask Sophie: Is it now easier for founders to get H-1B visas?

I heard that the USCIS released proposed H-1B regulations that make it easier for founders to get H-1Bs. What are the details? © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/WyhXKqg

Adapting to the climate crisis with Jonas Torland from 7Analytics

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom talk about the seemingly endless slate of rainy Saturdays here on the east coast. Thankfully, this episode’s guest Jonas Torland of 7Analytics is helping us feeling a little less gloomy about the current effects of climate change. Bergen, […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/qhFBQyv

TC+ Roundup: Is European venture showing signs of recovery?

Good morning, and happy Tuesday! Today we’re looking at Q3 venture data coming out of Europe. Overall, European venture capital data is down sharply. But as my colleagues Anna Heim and Alex Wilhelm write, European venture is “down, but not out.” Full TechCrunch+ articles are only available to members. Use discount code TCPLUSROUNDUP to save […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/zBqPIMr

FCC aims to investigate the risk of AI-enhanced robocalls

As if robocalling wasn’t already enough of a problem, the advent of easily accessible, realistic AI-powered writing and synthetic voice could supercharge the practice. The FCC aims to preempt this by looking into how generated robocalls might fit under existing consumer protections. A Notice of Inquiry has been proposed by Chairwoman Jessica Rosenworcel to be […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/wWkdi37

What’s behind the fresh round of tech layoffs?

But let’s not forget as we dig into the reasons why we are seeing a new wave of tech layoffs that this is more than an academic exploration. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/BF1YIpj

Feds expand Tesla investigation to include vehicle range, personal benefits

Tesla has the attention of the U.S. Department of Justice — again. Tesla has received requests for information, including subpoenas from the DOJ, the automaker disclosed Monday in a U.S. Securities and Exchange Commission filing. The DOJ issued subpoenas related to perks, the advertised range of its EVs and personnel decisions, according to the filing. […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/h8jevt5

While tech companies play with OpenAI’s API, this startup believes small, in-house AI models will win

ZenML wants to be the glue that makes all the open-source AI tools stick together. This open-source framework lets you build pipelines that will be used by data scientists, machine-learning engineers and platform engineers to collaborate and build new AI models. The reason why ZenML is interesting is that it empowers companies so they can […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/ndOWzGQ

Rivian R1T is the first EV to win the longest off-road competition in the US

Motorsports and off-road competition isn’t the typical fodder over here at TechCrunch — unless, of course, there also happens to be a podium-winning team driving an all-electric 2023 Rivian R1T. The Rebelle Rally, the longest off-road map-and-compass rally in the United States, wrapped up Friday evening with a new EV milestone under its belt. This […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/8FNeO9K

Tesla ‘digs its own grave with the Cybertruck,’ Convoy collapses and Rivian scores a win at Rebelle

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/FfwUjxo

Why Monday.com decided to build its new database instead of buying one

When Monday.com faced the classic build vs. buy dilemma for a new database, it decided to build one, but with a decided twist. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/ZGi5gDr

Federal hydrogen hub program could give fuel a boost — or the boot

The federal government's approach to hydrogen is strikingly similar to the way it promoted biofuels a decade ago. That's not a good thing. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/eC8gSGN

Is Plaid’s potential IPO a sign of fintech turning a corner?

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Unfortunately we can’t make it to Money20/20 next week. But we have no doubt that we’re going to […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Rr3TqXn

Hackers leak more 23andMe data, X cracks down on porn and Andreessen writes a manifesto

Welcome, folks, to Week in Review (WiR), TechCrunch’s regular newsletter that highlights notable tech industry happenings over the past few days. Life moves pretty fast, as a young Matthew Broderick once said — we empathize. Fortunately, there’s WiR to get you caught up to speed. In this edition of WiR, we cover a hacker leaking […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/FKCY68o

Toyota hops on Tesla’s EV charging standard, leaving Stellantis and VW as holdouts

Another day, another convert: Toyota and Lexus electric vehicles will adopt Tesla’s chargers starting in 2025, Toyota said this week.   The top automaker by global sales, Toyota is the latest to back the North American Charging Standard (NACS), following Hyundai, Kia, Honda, Nissan, Mercedes, GM and Ford, among others. In just about five months, Tesla […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/3FDTzCa

6 tax-related do’s and don’ts for SaaS startups in 2023

Having your contract periodically reviewed by a technology and a tax attorney is important to help minimize your tax liability. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/iT7MP9f

Waymo’s new simulator helps researchers train more realistic agents

Autonomous vehicle companies use simulators to train their self-driving systems and teach them how to react to “agents” — things like pedestrians, cyclists, traffic signals and other cars. To have a truly advanced AV system, those agents need to behave and react realistically to the AV and to each other. Creating and training intelligent agents […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/IJ4CjuL

Amazon and MIT are partnering to study how robots impact jobs

Mention automation and someone will invariably (and understandably) mention its impact on jobs. There are a lot of opposing views on the subject, of course, but the one thing everyone seems to agree on is that robotics and AI will have a profound impact on human jobs, going forward. At today’s Delivering the Future event […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/a7DywcZ

TC+ Roundup: How to capture market share in the era of AI

Good morning! We have lots of good stuff for you this Tuesday, so let’s dig right in. Up first, we surveyed six investors who are placing bets on AI. We wanted to know how startups should begin building tools for AI; whether startup-focused AI work is defensible; and how tech companies are thinking about monetization. […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/doWIG5l

Reddit is killing blockchain-based Community Points

Reddit is winding down Community Points — the blockchain-based “internet points” program designed to reward creators and developers — in favor of prioritizing rewards programs that are less difficult to scale. “Though we saw some future opportunities for Community Points, the resourcing needed was unfortunately too high to justify,” Reddit’s director of consumer and product […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/poaytGl

Zipcar hit with feds’ first-ever fine for renting out recalled cars

If you rented a van from Zipcar a while back, there’s a chance it failed to meet the National Highway Traffic Safety Administration’s standards. The NHTSA hit Zipcar with a first-of-its-kind fine for “renting vehicles with open, unrepaired recalls,” the agency announced on Monday. The federal safety agency regulates vehicle recalls in the U.S., and […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/MGCJul7

Netflix’s cloud gaming service begins tests in U.S.

Netflix is beginning to test its cloud gaming service in the U.S. after initially launching limited trials in Canada and the U.K. The service, an expansion on the company’s mobile gaming efforts which began in 2021, has seen the streamer picking up gaming studios and licensing titles from individual developers with the intention to make […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/5OTpWZh

General Catalyst and European early stage fund La Famiglia ‘join forces’ to invest in European startups

In a move that will help cement the incursion of US-based VCs into the European ecosystem, General Catalyst and La Famiglia have announced they are, in their words, “joining forces”. Jeannette zu Fürstenberg, Founding Partner of La Famiglia, is slated to become a Managing Director within General Catalyst’s global partnership, driving a “long-term vision for […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/P3ELDBd

Australia fines X for failing to provide information about child abuse content

eSafety, the Australian regulator for online safety, issued a $386,000 fine against X (formerly Twitter) Monday for failing to answer “key questions” about the action the platform is taking against child abuse content. The watchdog issued legal notices to Google, TikTok, Twitch, Discord, and X (which was known as Twitter back then) under the country’s […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/UeWZmNf

Asia emerges as a promising haven amid the crypto winter

Walking through Token2049, it was hard to tell that the crypto industry was going through a “winter” phase. The crypto conference held in Singapore in September attracted an unprecedented crowd of 20,000 attendees, filling the island state with an even greater number of blockchain enthusiasts who hopped in and out of the hundreds of side […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/hy4xno6

London’s not calling for Par Equity, as VC firm targets £100M at UK startups in the north

Any conversation centered on the U.K. tech scene often has a strong center of gravity around the south of the country — to many, “the U.K.” and “London” may as well be the same thing. A recent House of Commons Committee report on venture capital allocation pointed to “uneven levels of VC investment” across the […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/cOflheV

How founders can cut through the noise and find events that are actually worth it

Founders get bombarded with invitations to events, and not all of them are worth it, but there are ways to figure out which will provide value. © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/hClucVo

Braid shuts down, Stash marches toward an IPO and what happens when a fintech relationship fizzles out

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! We covered lots of happenings in the world of fintech this past week — including raises, a startup closure, […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/rFS6sUP

The SBF trial continues, Atlassian acquires Loom, and OpenAI explores making its own chips

Happy Saturday, folks, and welcome to Week in Review (WiR), TechCrunch’s newsletter that covers the major stories in tech over the past several days. I feel inclined to begin this edition with a sobering note about the recent events in Israel and Gaza. It’s obviously impacted the tech ecosystem there, but from a purely humanistic […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/ejoVkft

How roboticists are thinking about generative AI

[A version of this piece first appeared in TechCrunch’s robotics newsletter, Actuator. Subscribe here.] The topic of generative AI comes up frequently in my newsletter, Actuator. I admit that I was a bit hesitant to spend more time on the subject a few months back. Anyone who has been reporting on technology for as long […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/opyEjbT

Founders, are events useful?

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. A few months ago, Alexis Ohanian, the co-founder of Reddit, tweeted that if he could go back in time and do one thing differently when he was building Reddit, he would have spent significantly less time attending events. Personally I […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/sY17Vw6

SpaceX’s Falcon Heavy launches NASA Psyche mission to metal asteroid

Godspeed, Psyche. The large NASA spacecraft is now officially en route to a metal-rich asteroid (also named Psyche) after taking off on a SpaceX Falcon Heavy rocket earlier today. This marks the first time a NASA science mission has used SpaceX’s larger rocket for a launch. The Falcon Heavy lifted off from NASA’s Kennedy Space […] © 2023 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/Nn7Yprf

After warning, the EU opens investigation into X over alleged disinformation

The European Union announced today it is opening an investigation into X for allegedly spreading illegal content and disinformation, including terrorist and violent content and hate speech. Earlier this week, the EU warned X for failing to take action on illegal content on its platform after Saturday’s deadly attacks on Israel by Hamas terrorists in […] from TechCrunch https://ift.tt/v0ViShT

Ford increases wages at planned EV battery factories amid UAW strike

Ford and its joint venture partner SK On, will increase wages at two planned EV battery factories in Kentucky and Tennessee in an effort to assuage striking autoworkers. That offer might not be enough. The joint venture, known as BlueOval SK, said it’s offering higher wages for maintenance technicians and associate maintenance technicians, ranging from […] from TechCrunch https://ift.tt/yIs6BUc

Cruise opens robotaxi service in Houston

GM’s self-driving car subsidiary Cruise has opened its robotaxi service to users in Houston — an expansion that comes amid increasing criticism of the company’s operations in San Francisco, it’s first launch city. Cruise said it will operate seven days a week from 9 p.m. to 6 a.m. in about 11 square miles of sprawling […] from TechCrunch https://ift.tt/2ObxfPH

Creators raising venture capital: unsettling or genius?

When Slow Ventures announced that it would set aside $20 million to invest in individual creators, GP Sam Lessin responded to onlookers’ confusion with a memorable quip: “it’s def not indentured servitude.” Though Lessin’s remarks weren’t very reassuring, these sorts of venture deals – investments in people, as opposed to companies – have started to […] from TechCrunch https://ift.tt/ltIVs4E

How to fundraise when your deep tech startup sounds like sci-fi

Your pitch may well be the first time a VC has even heard of a concept, so how can they possibly work out how to invest in your idea when it sounds like sci-fi? from TechCrunch https://ift.tt/AusfoQG

More money won’t fix your failing startup — here’s how to get investors to back a pivot

If your company isn’t seeing strong growth with customers eager to use the product, it might be time to pivot the company in a new direction. from TechCrunch https://ift.tt/TvRcENW

Anysphere raises $8M from OpenAI to build an AI-powered IDE

Anysphere, a startup building what it describes as an “AI-native” software development environment, called Cursor, today announced that it raised $8 million in seed funding led by OpenAI’s Startup Fund with participation from former GitHub CEO Nat Friedman, Dropbox co-founder Arash Ferdowsi and other angel investors. The new cash, which brings Anysphere’s total raised to […] from TechCrunch https://ift.tt/aTGnPeu

Fearing AI, fanfiction writers lock their accounts

Kinktober. Whumptober. Kisstober. Flufftober. Goretober. October is a bacchanal of fanfiction, from romantic one-shots about unconventional character pairings, to delicious smut that’ll make you reconsider your own sense of morality — all inspired by the month’s countless themed writing challenges. It’s an especially busy time for the fanfiction site Archive of Our Own (AO3).  But […] from TechCrunch https://ift.tt/4cSfdQL

SumUp’s valuation falls as low as $4.1B, as Groupon and others sell off their stakes

Adyen lost $13 billion in market cap last month when investors scrambled to sell shares after the payments company missed quarterly revenue targets. But it’s not the only one facing the music in fintech. Shares in SumUp, a privately-held European payment technology business that focuses on point-of-sale transactions, are currently are being sold in inside […] from TechCrunch https://ift.tt/4D63mUg

Cash-strapped EV maker Arrival lays off yet more workers

Arrival just warned investors that it’s slashing its workforce yet again. The electric van maker said on Tuesday that it “took actions” on October 5 to “further reduce its operating costs.” Those actions include letting go of “up to approximately 25%” of its workers, the company stated in a letter to investors. Arrival last announced […] from TechCrunch https://ift.tt/aorfYv6

Hackers advertised 23andMe stolen data two months ago

Genetic testing company 23andMe has been investigating a security incident after hackers advertised a trove of alleged stolen user data on a hacking forum last week. But the alleged stolen data may have been circulating for much longer than first known. TechCrunch has also found that some of the advertised stolen data matches known 23andMe […] from TechCrunch https://ift.tt/NJt8AD9

Federal judge throws out $32.5 million win for Sonos against Google

A California judge has thrown out a $32.5 million verdict win for Sonos against Google after two of Sonos’ patents were deemed unenforceable and invalid. As a result, Google has started to re-introduce software features it had removed due to Sonos’ lawsuit. In a decision dated October 6, U.S. District Judge William Alsup said that […] from TechCrunch https://ift.tt/doLFmVI

As misinfo circulates on X amid the Israel-Hamas war, reporters look to other platforms

In the wake of increasing misinformation related to the Israel-Hamas war now circulating on X, the app formerly known as Twitter, a number of journalists are building up their networks on rival platforms. The shift, though potentially small in terms of raw user numbers, could have an outsized impact on X, where power users create […] from TechCrunch https://ift.tt/ouHDdQE

Demos aren’t as important as you think for your VC pitch

Before you start planning how you’ll demonstrate your product, you first need to consider whether you need a demo at all. from TechCrunch https://ift.tt/FtG6MXp

Alameda Research’s ex-CEO Caroline Ellison testifies, claims SBF directed her to commit crimes

Caroline Ellison, the ex-CEO of Alameda Research, took the stand as the fifth witness for the prosecution in Sam Bankman-Fried’s six-week trial. from TechCrunch https://ift.tt/0gydJ8I

TikTok now supports direct posting from AI-powered Adobe apps, CapCut, Twitch and more

TikTok today is introducing a new feature that will allow its users to post directly to the video platform from a range of popular editing apps, including Adobe’s AI-powered video editing software Premiere Pro, its AI creativity app Adobe Express, as well as others, including Twitch, SocialPilot, and ByteDance’s CapCut. The new offering, Direct Post, […] from TechCrunch https://ift.tt/ZOjgJfo

Hacktivism erupts in response to Hamas-Israel war

Several groups of hacktivists have targeted Israeli websites with floods of malicious traffic following a surprise land, sea and air attack launched against Israel by militant group Hamas on Saturday, which prompted Israel to declare war and retaliate. Israeli newspaper The Jerusalem Post reported Monday that since Saturday morning its website was down “due to […] from TechCrunch https://ift.tt/P2ivMRI

Waymo expands in San Francisco while Cruise feels the heat

Alphabet subsidiary Waymo is expanding its service area in San Francisco despite protests against robotaxis, while rival Cruise grapples with crashes and other incidents. Waymo riders can now access the service across the vast majority of SF, Waymo announced on Monday on social media site X. The company had limited rides in many of the […] from TechCrunch https://ift.tt/fR8P7at

ChatGPT’s mobile app hit record $4.58M in revenue last month, but growth is slowing

There’s some good news and bad news for ChatGPT’s mobile efforts. On the positive side, the AI chatbot continues to see the number of app installs and its revenue grow, with September setting a new record on both fronts: 15.6 million downloads and nearly $4.6 million in gross revenue across its iOS and Android apps […] from TechCrunch https://ift.tt/gq2EuvA

Michigan’s Grand Ventures announces $50m early stage fund

Grand Ventures today announced its second fund to invest in early-stage companies. The Grand Rapids, MI firm tells TechCrunch that it aims to lead seed stage investments in startups solving problems facing the fintech, DevOps, and supply chain sectors. The $50m Fund II is managed by General Partners Tim Streit, Camila Noordeloos, and Nathan Owen. […] from TechCrunch https://ift.tt/8TWDL2B

A green hydrogen unicorn is born, more problems for Cruise and inside aviation’s buzzy startup summit

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […] from TechCrunch https://ift.tt/xIvW3Ly

Wanda Fish navigates VC waters to catch $7M for production of cultivated bluefin tuna

The company aims to create whole-cut cultivated fish filets, starting with bluefin tuna, using muscle and fat cells. from TechCrunch https://ift.tt/dwr4lej

Accel leads $21M investment in UK care home marketplace Lottie

The U.K. care home sector was pegged as £7.7 billion market in 2021, according to most recent estimates, yet capacity is shrinking at a time when the average age of the general population continues to grow. Throw into the mix a lack of transparency over pricing and service availability, and it’s clear that families looking […] from TechCrunch https://ift.tt/4NvjmpK

Singapore’s tech subscription service Circular wants to keep devices out of the landfill

Circular, backed by Y Combinator, is a service that offers consumers in Singapore and Australia subscriptions to high-end electronics, like iPhones, Samsung Galaxy, iPad Pros and MacBook Pros. Not only does it want help people get devices at lower prices, but also keep them in circulation for as long as possible and out of the […] from TechCrunch https://ift.tt/4VvgSJd

European Digital insurtech startup Getsafe acquires Luko’s German portfolio, reaches 550,000 customers

Getsafe, a German-based digital insurtech startup, has acquired the German portfolio of Luko, a French insurtech startup that recently neared insolvency before agreeing to be acquired by British insurer Admiral Group in a transaction that didn’t include its German or Spanish operations. Getsafe is now present in four countries since its expansion into France. Luko’s own […] from TechCrunch https://ift.tt/yZjBrWI

To attend or not to attend: We asked 52 founders whether events are useful or a waste of time

There are many founder-focused events but are they actually helpful or just a distraction? Founders need to strike a balance. from TechCrunch https://ift.tt/BYwv0Qe

Zendesk emerges from last year’s turbulence with strong outlook

After some recent turbulence, it would be easy to think that Zendesk's overall financial performance suffered as a result, but that really wasn’t the case. from TechCrunch https://ift.tt/UxoEZmS

Here’s how Rainforest, a budding Stripe rival, aims to win over software companies

Rainforest raises $8.5M and PayPal gets hit with a lawsuit. We take a look at this and other hot fintech news from the previous week. from TechCrunch https://ift.tt/SuLtFJh

Women and underrepresented founders aren’t going to wait for the VC industry to transform itself

You will only have one shot to impress your future financial backers — make sure you are confident and ready. from TechCrunch https://ift.tt/DeGlr7R

Sam Altman backs teens’ startup, Google unveils the Pixel 8 and TikTok tests an ad-free tier

Hiya, folks, and welcome to Week in Review (WiR), TechCrunch’s digest of the past week in tech news. It’s TC’s column that highlights the major stories over the past few days, and — we humbly submit — it’s a darn useful resource for folks on the go. This week, we cover Sam Altman backing a […] from TechCrunch https://ift.tt/oaHeQPm

How NVIDIA became a major player in robotics

[A version of this post appeared in TechCrunch’s robotics newsletter, Actuator. Subscribe here.] The last time I’d spoken with the NVIDIA at any length about robotics was also the last time we featured Claire Delaunay on stage at our Sessions event. That was a while ago. She left the company last July to work with […] from TechCrunch https://ift.tt/B7e6gI8

Brave lays off 9% of its workforce

Brave Software, the maker of Brave Browser and Search, confirmed that it has laid off 9% of its staff across departments. The company didn’t specify how many people were affected, but it corroborated the development and said the decision was driven by the tough economic climate. “Brave eliminated some positions as part of our cost […] from TechCrunch https://ift.tt/xhCO7bq

Artists across industries are strategizing together around AI concerns

As creative industries grapple with AI’s explosion into every artistic medium at once, separate calls from artists warning the world to take action before it’s too late are starting to converge. From fake Drake songs to stylized Instagram profile pictures, art conjured with newly sophisticated AI tools is suddenly ubiquitous — and so are conversations […] from TechCrunch https://ift.tt/XanQZ0S

EV buyers can soon get the $7,500 tax credit at time of purchase

Starting in January, the IRS will make the $7,500 federal EV tax credit available immediately via dealers. The Treasury Department announced the update on Friday, noting that dealers will have the option to “reduce the purchase price of the vehicle or provide cash to the buyer.” The update also applies to buyers taking advantage of […] from TechCrunch https://ift.tt/JGxEOWK

Electric seaglider startup Regent takes flight with $60M in new funding

The promise of electric aviation has been weighed down by the limited range of batteries and the long certification process. Regent co-founder and CEO Billy Thalheimer, who previously worked at Aurora Flight Sciences, has looked to maritime — and more specifically, electric seagliders — for the answer to these two challenges. “How can we do […] from TechCrunch https://ift.tt/v0dHRxz

OpenAI said to be considering developing its own AI chips

OpenAI, one of the best-funded AI startups in business, is exploring making its own AI chips. Discussions of AI chip strategies within the company have been ongoing since at least last year, according to Reuters, as the shortage of chips to train AI models worsens. OpenAI is reportedly considering a number of strategies to advance […] from TechCrunch https://ift.tt/rPEDKG6

Pack away your mittens, startup winter is over

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. As I sat down to write this week’s Startups Weekly, I do what I do every week: Read every story on TechCrunch. This week, that meant reading 212 stories on the site, and you know what I’m left with? An […] from TechCrunch https://ift.tt/CeI3pNv

TechCrunch+ Roundup: AI investor survey, calculating TAM, inside the FTX trial

If you haven’t found traction with customers and aren’t generating revenue, you should be in fundraising mode already. from TechCrunch https://ift.tt/7FXKSgm

Stoke Space raises $100M Series B as it looks to reach orbit by 2025

Stoke Space is flying high. Fresh on the heels of a successful test of its reusable second stage, the four-year-old startup announced today that it closed $100 million in new funding led by Industrious Ventures. This newest round of funding included participation from the University of Michigan, Sparta Group, Long Journey, and other investors. Existing […] from TechCrunch https://ift.tt/Abo5RgE

Lawsuit alleges discriminatory pay schemes at SpaceX

SpaceX is facing a class action lawsuit over allegations that the company pays women and minority employees less than their white and male colleagues. The lawsuit was filed on Tuesday in Los Angeles Superior Court by SpaceX engineer Ashley Foltz, who says she was hired at a salary of $92,000, even though men with similar […] from TechCrunch https://ift.tt/VyTJhsD

How to stretch your venture dollars

If you haven’t found traction with customers and aren’t generating revenue, you should be in fundraising mode already. from TechCrunch https://ift.tt/Djv64ta

Following the SBF trial, 3AC arrest and Q3 web3 funding drops

Welcome back to Chain Reaction. The SDNY is becoming a second home for me because the highly anticipated trial for Sam Bankman-Fried has begun. If you need it, we’ve got a refresher for you. from TechCrunch https://ift.tt/ExTyR0g

Uber still dragging its feet on algorithmic transparency, Dutch court finds

Uber has been found to have failed to comply with European Union algorithmic transparency requirements in a legal challenge brought by two drivers whose accounts were terminated by the ride-hailing giant, including with the use of automated account flags. Uber also failed to convince the court to cap daily fines of €4k being imposed for […] from TechCrunch https://ift.tt/cB2H59i

Microsoft won’t say if its products were exploited by spyware zero-days

Microsoft has released patches to fix zero-day vulnerabilities in two popular open-source libraries that affect several Microsoft products, including Skype, Teams, and its Edge browser. But Microsoft won’t say if those zero-days were exploited to target its products, or if the company knows either way. The two vulnerabilities — known as zero-days since developers had […] from TechCrunch https://ift.tt/7CNnrRU

What’s at stake in the Supreme Court’s landmark social media case

The Supreme Court is poised to decide whether a pair of state laws are allowed to reshape the ability of social media companies to control what does — and doesn’t — appear on their platforms. Last week, the Supreme Court decided that it would hear the pair of cases, which revolve around Republicans crafting state-specific […] from TechCrunch https://ift.tt/CtZl3zY

Three weeks later, investors still not terribly enthusiastic about the massive Cisco-Splunk deal

Three weeks after the Cisco announced a massive $28B acquisition of Splunk, investors still seem less than enthused about the deal. from TechCrunch https://ift.tt/ybtVpDL

Keep Labs’ smart storage redefines medication management

Keep Labs built a lockable storage container for medicine, and it doesn’t matter if the meds come in bottles, boxes, or dime bags. The Keep is designed to hold them safely and track their use. The company launched in 2019, won – and lost– an innovation award at CES 2020, and this week started shipping its […] from TechCrunch https://ift.tt/8khdmOU

Electric Hydrogen is the green hydrogen industry’s first unicorn

Investors have historically been skeptical of green hydrogen. High production costs, expensive infrastructure builds, competition with batteries and minimal government support have made the green hydrogen sector a risky bet. But at least one company, Electric Hydrogen, seems to have found a way to convince investors that its tech is a bet they should take. […] from TechCrunch https://ift.tt/FtUGYDM

In latest Cruise incident, video shows pedestrian struck by human-driven car, then run over by robotaxi

The San Francisco Police Department is investigating an October 2 incident that left a woman stuck underneath a Cruise robotaxi after being hit by a human-driven vehicle. Video captured by Cruise and viewed by TechCrunch shows a robotaxi braking and then running over a pedestrian who is laying in the street after being struck by […] from TechCrunch https://ift.tt/KgjGivs

7 companies to provide NASA with commercial satellite imagery under $476M contract

Umbra, Capella Space and GHGSat are among the seven companies that will provide NASA with commercial satellite imagery, part of an acquisition program that has a maximum potential value of $476 million across all providers. The contract duration is five years, with an option to extend it by six months. Maxar’s intelligence division, PlanetIQ, Spire […] from TechCrunch https://ift.tt/6BwVn75

The Xencelabs Pen Display 24 is a terrific alternative to Wacom’s big-screen drawing tablets

For a long time, if you wanted something like the Wacom Cintiq Pro 24 but didn’t want to spend quite so much money, you were pretty much out of luck. The Xencelabs Pen 24, released earlier this year, is $300 less than the Cintiq Pro 24 and includes a lot of add-ons that Wacom charges […] from TechCrunch https://ift.tt/4jDGEV7

US lawmakers ask TikTok about its ByteDance ties after recent exec transfers between the companies

U.S. lawmakers have written a letter to TikTok questioning its independence from its Chinese parent company ByteDance, in the wake of a recent report from The Wall St. Journal that noted that several high-level executives had been transferred from ByteDance to TikTok, where they took on top roles across the organization. The report noted the […] from TechCrunch https://ift.tt/wdSqxsf

Sam Altman backs teens’ AI startup automating browser-native workflows

Sam Altman, Peak XV, and Daniel Gross and Nat Friedman’s AI grant are among backers of an AI startup, founded by two teenagers, that’s aiming to assist businesses in automating numerous workflows in previously unexplored ways. Induced AI, founded this year, enables businesses to input their workflows in plain English, subsequently converting the instructions into […] from TechCrunch https://ift.tt/7UrjvsE

Humata AI summarizes and answers questions about your PDFs

Cyrus Khajvandi, a Stanford biology graduate and two-time entrepreneur, often found it challenging to stay on top of scientific research while managing his daily workload . Recognizing that he wasn’t the only one — and that AI technology was becoming more accessible — Khajvandi began developing an AI platform to summarize and answer questions about […] from TechCrunch https://ift.tt/ezBKFlX

Greener for Business launches to help Australian SMBs move to net zero

Greener, the Australian cleantech startup that creates custom action plans to help its customers become more environmentally sustainable, is launching Greener for Business today. Aimed at Australian SMBs, Greener for Business is intended to help them move more quickly toward net zero. It has the lofty goal of helping every SMB in Australia halve emissions […] from TechCrunch https://ift.tt/R47SGsy

Google launches $399 Chromebook Plus category

Google this morning launched a new category of Chromebooks called Chromebooks Plus. The laptps are productivity-focused devices with minimum spec requirements , including a full HD screen, 1080p camera and higher processing power than entry-level devices. The initial set of Chromebook Plus devices — made by Acer, Asus, HP, and Lenovo — start from $399. […] from TechCrunch https://ift.tt/E3bNYum

India’s national logistics portal exposed sensitive personal data, trade records

India’s state-owned logistics portal has fixed misconfigurations and vulnerabilities that exposed sensitive personal data and various state and private trade records. Called the National Logistics Portal-Marine, the website made the sensitive and private data public due to misconfigured Amazon S3 buckets. It also carried a JavaScript file that included login credentials into the web source […] from TechCrunch https://ift.tt/V9CeSIZ

Bird loses its NYSE wings, Uber gets tight with taxis and Tesla gets sued again for racial discrimination

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […] from TechCrunch https://ift.tt/7Uc8iL3

Procurement is painful, so Pivot wants to simplify it

Earlier this year, a big French tech company started requiring an email to the CEO for every purchase above €1,000. That’s because they didn’t have the right tool to manage procurement. Meet Pivot, a new French startup that wants to overhaul spend management solutions. Pivot wants to work with young companies that are growing fast […] from TechCrunch https://ift.tt/EeBJZ29

How to raise a Series A in today’s market

Three investors shared their perspectives on what’s changed, what’s working today, and what advice they’re giving founders at this year’s TechCrunch Disrupt. from TechCrunch https://ift.tt/s4AlmVj

A tale of two research institutes

If you’re lucky, once a year you get to put together a panel built on pure kismet. Pairing Gill Pratt with Marc Raibert was exactly that for me. The two go back several decades, to the salad days of MIT’s Leg Lab. [A version of this story original appeared in TechCrunch’s robotics newsletter, Actuator. Subscribe […] from TechCrunch https://ift.tt/P5rejG8