What a long, strange year it’s been in enterprise tech news

Looking back at the top enterprise news stories of the year, it's clear that generative AI dominated, but it wasn't the only news.

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What a long, strange year it’s been in enterprise tech news

Looking back at the top enterprise news stories of the year, it's clear that generative AI dominated, but it wasn't the only news.

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/31/enterprise-tech-generative-ai-2023/

I guess I’m a projector person now?

I’ve been one of the those “I don’t own a TV” people for a long time. Really my entire adult life, excepting those times when I shared my living space with someone who brought their own to the party. My exact motivation is a bit hazy all these years later, but at a certain point, […]

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I guess I’m a projector person now?

I’ve been one of the those “I don’t own a TV” people for a long time. Really my entire adult life, excepting those times when I shared my living space with someone who brought their own to the party. My exact motivation is a bit hazy all these years later, but at a certain point, […]

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source https://techcrunch.com/2023/12/30/i-guess-im-a-projector-person-now/

How India will navigate EVs in 2024

India, a major player in the global automotive industry, has started focusing on transitioning to alternative fuels to curb pollution after expanding its consumer and vehicle bases and adding local manufacturing facilities over the past two decades. On this journey, 2024 will be a crucial year, as the country — the third-largest automotive market — […]

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How India will navigate EVs in 2024

India, a major player in the global automotive industry, has started focusing on transitioning to alternative fuels to curb pollution after expanding its consumer and vehicle bases and adding local manufacturing facilities over the past two decades. On this journey, 2024 will be a crucial year, as the country — the third-largest automotive market — […]

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source https://techcrunch.com/2023/12/29/india-ev-market-2024/

Shield AI expands massive Series F with another $300M in equity, debt, scaling valuation to $2.8B

Defense tech startup Shield AI has expanded its latest funding round with another $300 million in equity and debt, bringing its total Series F to $500 million, TechCrunch has exclusively learned. This total amount reflects $200 million in equity closed in November, $100 million in new equity raised at the Series F price, and $200 […]

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Shield AI expands massive Series F with another $300M in equity, debt, scaling valuation to $2.8B

Defense tech startup Shield AI has expanded its latest funding round with another $300 million in equity and debt, bringing its total Series F to $500 million, TechCrunch has exclusively learned. This total amount reflects $200 million in equity closed in November, $100 million in new equity raised at the Series F price, and $200 […]

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source https://techcrunch.com/2023/12/29/shield-ai-expands-massive-series-f-with-another-300m-in-equity-debt-scaling-valuation-to-2-8b/

Here we go again: 2023’s badly handled data breaches

Last year, we compiled a list of 2022’s most poorly handled data breaches looking back at the bad behavior of corporate giants when faced with hacks and breaches. That included everything from downplaying the real-world impact of spills of personal information and failing to answer basic questions. Turns out this year, many organizations continue to […]

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Here we go again: 2023’s badly handled data breaches

Last year, we compiled a list of 2022’s most poorly handled data breaches looking back at the bad behavior of corporate giants when faced with hacks and breaches. That included everything from downplaying the real-world impact of spills of personal information and failing to answer basic questions. Turns out this year, many organizations continue to […]

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source https://techcrunch.com/2023/12/29/badly-handled-data-breaches-2023/

SoftBank-backed FirstCry seeks to raise nearly $220 million in India IPO

E-commerce startup FirstCry is seeking to raise $218 million through issue of fresh shares in its initial public offering, the 13-year-old startup said in a draft prospectus filed with the market regulator Thursday, becoming the latest Indian startup to explore the public markets. FirstCry earlier sought to raise as much as $700 million in its […]

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source https://techcrunch.com/2023/12/27/softbank-backed-firstcry-seeks-to-raise-nearly-220-million-in-india-ipo/

India pressed Apple on state-sponsored warnings, report says

Apple’s warnings in late October that Indian journalists and opposition figures may have been targeted by state-sponsored attacks prompted a forceful counterattack from Prime Minister Narendra Modi’s government. Officials publicly doubted Apple’s findings and announced a probe into device security. Behind closed doors, senior officials from Modi’s administration went further, demanding Apple soften the political […]

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source https://techcrunch.com/2023/12/27/india-pressed-apple-on-state-sponsored-warnings-report-says/

India pressed Apple on state-sponsored warnings, report says

Apple’s warnings in late October that Indian journalists and opposition figures may have been targeted by state-sponsored attacks prompted a forceful counterattack from Prime Minister Narendra Modi’s government. Officials publicly doubted Apple’s findings and announced a probe into device security. Behind closed doors, senior officials from Modi’s administration went further, demanding Apple soften the political […]

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BotBuilt wants to lower the cost of homebuilding with robots

Homes aren’t getting cheaper — or necessarily easier to secure. This year, the median household income for home buyers jumped to $107,000 from $88,000 last year, according to the National Association of Realtors. The volume of homes for sale in the U.S. reached record a low, meanwhile — and shows no sign of recovery. Now, […]

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BotBuilt wants to lower the cost of homebuilding with robots

Homes aren’t getting cheaper — or necessarily easier to secure. This year, the median household income for home buyers jumped to $107,000 from $88,000 last year, according to the National Association of Realtors. The volume of homes for sale in the U.S. reached record a low, meanwhile — and shows no sign of recovery. Now, […]

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source https://techcrunch.com/2023/12/27/botbuilt-wants-to-lower-the-cost-of-homebuilding-with-robots/

MOVEit, Capita, CitrixBleed and more: The biggest data breaches of 2023

This year, 2023, was a hell of a year for data breaches, much like the year before it (and the year before that, etc.). Over the past 12 months, we’ve seen hackers ramp up their exploitation of bugs in popular file-transfer tools to compromise thousands of organizations; ransomware gangs adopt aggressive new tactics aimed at […]

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MOVEit, Capita, CitrixBleed and more: The biggest data breaches of 2023

This year, 2023, was a hell of a year for data breaches, much like the year before it (and the year before that, etc.). Over the past 12 months, we’ve seen hackers ramp up their exploitation of bugs in popular file-transfer tools to compromise thousands of organizations; ransomware gangs adopt aggressive new tactics aimed at […]

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source https://techcrunch.com/2023/12/27/moveit-capita-citrixbleed-biggest-data-breaches-2023/

The eternal struggle between open source and proprietary software

Whenever chaos engulfs a proprietary technology relied on by millions, the default knee-jerk reaction from many seems to be: “Hey, let’s see what the open source world has to offer.” Case in point: X’s (Twitter) steady demise since Elon Musk took over last year led many to search for more “open” alternatives, be it Mastodon […]

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The eternal struggle between open source and proprietary software

Whenever chaos engulfs a proprietary technology relied on by millions, the default knee-jerk reaction from many seems to be: “Hey, let’s see what the open source world has to offer.” Case in point: X’s (Twitter) steady demise since Elon Musk took over last year led many to search for more “open” alternatives, be it Mastodon […]

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source https://techcrunch.com/2023/12/26/the-eternal-struggle-between-open-source-and-proprietary-software/

Nonprofit Code.org sues Byju’s unit WhiteHat Jr over payment dues

Code.org, the US educational non-profit, has filed a lawsuit in a California district court alleging that Byju’s subsidiary WhiteHat Jr breached a licensing contract by failing to pay fees while continuing to use Code.org’s platform. WhiteHat Jr, which sold to Byju’s for $300 million in 2020, partnered with Code.org last year and agreed to pay […]

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Nonprofit Code.org sues Byju’s unit WhiteHat Jr over payment dues

Code.org, the US educational non-profit, has filed a lawsuit in a California district court alleging that Byju’s subsidiary WhiteHat Jr breached a licensing contract by failing to pay fees while continuing to use Code.org’s platform. WhiteHat Jr, which sold to Byju’s for $300 million in 2020, partnered with Code.org last year and agreed to pay […]

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source https://techcrunch.com/2023/12/26/nonprofit-code-org-sues-byjus-unit-whitehat-jr-over-payment-dues/

In a slow year for enterprise tech M&A, there were few standout deals

It was a slow year in enterprise technology M&A, and the total was the second lowest since we started compiling the data in 2018.

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In a slow year for enterprise tech M&A, there were few standout deals

It was a slow year in enterprise technology M&A, and the total was the second lowest since we started compiling the data in 2018.

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source https://techcrunch.com/2023/12/25/tech-mergers-acquisitions-2023/

Salesforce escaped from the jaws of activists to find stability in 2023

Salesforce started the year with an unusual level of turbulence, but after escaping activist investors, it ended up having a good year.

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Salesforce escaped from the jaws of activists to find stability in 2023

Salesforce started the year with an unusual level of turbulence, but after escaping activist investors, it ended up having a good year.

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source https://techcrunch.com/2023/12/24/salesforce-lookback-2023/

A first look at nine new IndieBio NY companies that will present to VCs next month

It was pure coincidence, but months before the pandemic took hold around the world, IndieBio — a startup accelerator devoted to startups using biology to solve large problems — expanded its remit, adding a New York arm to the operations it was already running out of San Francisco. Of course, it’s because of what the […]

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A first look at nine new IndieBio NY companies that will present to VCs next month

It was pure coincidence, but months before the pandemic took hold around the world, IndieBio — a startup accelerator devoted to startups using biology to solve large problems — expanded its remit, adding a New York arm to the operations it was already running out of San Francisco. Of course, it’s because of what the […]

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source https://techcrunch.com/2023/12/22/a-first-look-at-nine-new-indiebio-ny-companies-that-will-present-to-vcs-next-month/

Two of Africa’s largest B2B e-commerce platforms MaxAB and Wasoko in merger talks

Egyptian B2B e-commerce startup MaxAB and Wasoko, a Kenyan-based e-commerce player that operates in the East African country alongside Tanzania, Rwanda, Uganda and Zambia, are in talks to merge operations, TechCrunch has exclusively learned from multiple sources. They say talks are still ongoing and the agreement hasn’t been finalized yet. Wasoko has been scaling down […]

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Two of Africa’s largest B2B e-commerce platforms MaxAB and Wasoko in merger talks

Egyptian B2B e-commerce startup MaxAB and Wasoko, a Kenyan-based e-commerce player that operates in the East African country alongside Tanzania, Rwanda, Uganda and Zambia, are in talks to merge operations, TechCrunch has exclusively learned from multiple sources. They say talks are still ongoing and the agreement hasn’t been finalized yet. Wasoko has been scaling down […]

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source https://techcrunch.com/2023/12/22/maxab-and-wasoko-in-merger-talks/

How simplifying the production of customized merchandise led this Lisbon startup to raise $19M

The advent of the Internet combined with the ability to customise items such as clothing long ago created a revolution in marketing, especially for merchandise purposes. I think we’re all familiar with the ‘merch’ phenomena by now, no? Benefitting from that long-term trend is SME-focused, customized merchandise startup Bizay, which has been able to raise […]

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How simplifying the production of customized merchandise led this Lisbon startup to raise $19M

The advent of the Internet combined with the ability to customise items such as clothing long ago created a revolution in marketing, especially for merchandise purposes. I think we’re all familiar with the ‘merch’ phenomena by now, no? Benefitting from that long-term trend is SME-focused, customized merchandise startup Bizay, which has been able to raise […]

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source https://techcrunch.com/2023/12/22/how-simplifying-the-production-of-customized-merchandise-led-this-lisbon-startup-to-raise-19m/

Vestwell raises $125M to help businesses power workplace savings programs

Vestwell, which provides the infrastructure for employers to power workplace savings programs, has raised $125 million in what the company describes as a “preempted” round of funding. Lightspeed Venture Partners led the round, which included participation from existing backers Fin Capital, Primary Venture Partners and FinTech Collective, as well as new investors Blue Owl and […]

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source https://techcrunch.com/2023/12/20/vestwell-raises-125m-in-preempted-round-of-funding-to-help-businesses-power-workplace-savings-programs/

Elon Musk’s X suffered yet another global outage

Elon Musk’s social media platform X, formerly known as Twitter, suffered an outage globally earlier Thursday that lasted for more than an hour. The error, the cause of which remains unknown, prevented users from viewing tweets, according to their complaints. X Pro, formerly known as TweetDeck, also faced the outage. While users were able to […]

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source https://techcrunch.com/2023/12/20/x-twitter-down-for-users-outage/

Elon Musk’s X is down for users globally in its latest outage

Elon Musk’s social media platform X, formerly known as Twitter, is suffering an outage globally that is preventing users from viewing tweets, according to their complaints. X Pro, formerly known as TweetDeck, is also facing the outage. While users can still take part in Spaces and view notifications on Twitter, tweets have vanished from timelines […]

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The first annual VTuber Awards was a win for VR

On stream, Filian took the stage at the center of a colossal arena, lit with violet spotlights and surrounded by crowds of fans holding lightsticks. The streamer opened the show dressed in a vivd purple skirt, magenta bow tie, and high white boots that matched her jacket — a ritzy version of her avatar’s usual […]

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source https://techcrunch.com/2023/12/20/vtuber-awards-vr-twitch-weplay-filian/

ShareChat faces large valuation cut in new funding

ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources familiar with the matter. Existing backers including Temasek and Tencent are among the investors in advanced stages of talks to invest in the new round, the sources […]

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source https://techcrunch.com/2023/12/19/sharechat-faces-large-valuation-cut-in-new-funding/

Micromobility.com gets delisted from the Nasdaq

Micromobility.com, formerly Helbiz, was delisted from the Nasdaq on Monday as a result of the company’s noncompliance with the stock exchange’s listing rules, according to a regulatory filing. Competitor Bird — the only other shared micromobility company to brave the public markets — was also delisted from the stock exchange in September. The company’s common stock […]

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Tesla requests pause in federal racial bias lawsuit as it wraps up other cases

Tesla wants to pause a federal agency’s lawsuit against the automaker for racial bias against its Black workers at its Fremont assembly plant. The electric vehicle maker, in a filing in San Francisco federal court Monday, accused the U.S. Equal Employment Opportunity Commission (EEOC) of rushing to file a lawsuit in September against Tesla as […]

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source https://techcrunch.com/2023/12/19/tesla-requests-pause-in-federal-racial-bias-lawsuit-as-it-wraps-up-other-cases/

Clearlake and Insight reach $4.4B deal to take software maker Alteryx private

Alteryx, an Irvine, California-based software company developing data science and analytics products, today announced that it’s agreed to be acquired by private equity firms Clearlake Capital Group and Insight Partners in a deal worth $4.4 billion. Clearlake and Insight reportedly beat out Symphony Technology Group, another private equity firm, which Reuters reported several days ago […]

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Clearlake and Insight reach $4.4B deal to take software maker Alteryx private

Alteryx, an Irvine, California-based software company developing data science and analytics products, today announced that it’s agreed to be acquired by private equity firms Clearlake Capital Group and Insight Partners in a deal worth $4.4 billion. Clearlake and Insight reportedly beat out Symphony Technology Group, another private equity firm, which Reuters reported several days ago […]

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source https://techcrunch.com/2023/12/18/clearlake-and-insight-reach-4-4b-deal-to-take-software-maker-alteryx-private/

Max Q: See you next year

In this issue: AstroForge reviews setbacks (and successes) during first mission; Terran Orbital CEO says company is not looking for a buyer; and news from the FCC, Terran Orbital and more.

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Max Q: See you next year

In this issue: AstroForge reviews setbacks (and successes) during first mission; Terran Orbital CEO says company is not looking for a buyer; and news from the FCC, Terran Orbital and more.

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/18/max-q-see-you-next-year/

Saudi shopping and BNPL platform Tamara tops $1B valuation in $340M Series C funding

Tamara, a buy now pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million in a financing C round that values the fintech at $1 billion. Saudi asset manager and financial institution SNB Capital and Sanabil Investments, a wholly-owned company by Saudi’s sovereign wealth fund Public Investment Fund […]

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source https://techcrunch.com/2023/12/18/saudi-shopping-and-bnpl-platform-tamara-tops-1b-valuation-in-340m-series-c-funding/

Cruise cuts a quarter of its self-driving workforce, another e-scooter startup folds and a special year-end message

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. […]

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Cruise cuts a quarter of its self-driving workforce, another e-scooter startup folds and a special year-end message

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.

source https://techcrunch.com/2023/12/17/cruise-cuts-a-quarter-of-its-self-driving-workforce-another-e-scooter-startup-folds-and-a-special-year-end-message/

Fintech’s wild ride in 2023

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!  What a year This is the last edition of The Interchange for 2023 — it’s hard to believe that the […]

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The Rule of X and how cloud leaders should think about growth versus profit

Assigning equal weight to growth and profitability for late-stage businesses is flawed and has caused misguided business decisions.

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source https://techcrunch.com/2023/12/17/the-rule-of-x-and-how-cloud-leaders-should-think-about-growth-versus-profit/

The Rule of X and how cloud leaders should think about growth versus profit

Assigning equal weight to growth and profitability for late-stage businesses is flawed and has caused misguided business decisions.

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Robotics Q&A with Nvidia’s Deepu Talla

A version of this q&a first appeared in TechCrunch’s free robotics newsletter, Actuator. Subscribe here.  We’re wrapping up our end-of-year robotics Q&A series with this entry from Deepu Talla. We when I paid a visit to NVIDIA’s Bay Area headquarters, back in October. For more than a decade, Talla has been the chip giant’s Vice […]

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source https://techcrunch.com/2023/12/16/robotics-qa-with-nvidias-deepu-talla/

Robotics Q&A with Nvidia’s Deepu Talla

A version of this q&a first appeared in TechCrunch’s free robotics newsletter, Actuator. Subscribe here.  We’re wrapping up our end-of-year robotics Q&A series with this entry from Deepu Talla. We when I paid a visit to NVIDIA’s Bay Area headquarters, back in October. For more than a decade, Talla has been the chip giant’s Vice […]

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AI plushie Grok, voiced by Grimes, was trademarked before Elon Musk’s Grok

Grimes is stepping into the toy business with “Grok,” a character that she voiced for Curio’s new line of screen-free AI plushies. The toy is not affiliated with the AI chatbot backed by Grimes’ ex, Elon Musk, which is also named Grok. Musk described xAI’s Grok as having a “rebellious streak” and a willingness to answer […]

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AI plushie Grok, voiced by Grimes, was trademarked before Elon Musk’s Grok

Grimes is stepping into the toy business with “Grok,” a character that she voiced for Curio’s new line of screen-free AI plushies. The toy is not affiliated with the AI chatbot backed by Grimes’ ex, Elon Musk, which is also named Grok. Musk described xAI’s Grok as having a “rebellious streak” and a willingness to answer […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/15/grimes-launches-ai-toy-brand-curio-grok/

What is happening with all these new venture funds?

Against a backdrop of layoffs and continuing economic uncertainty, the announcements — particularly in such quick succession — point to a few underlying truths about the market right now. 

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source https://techcrunch.com/2023/12/14/what-is-happening-with-all-these-new-venture-funds/

One-click checkout company Bolt confirms another round of layoffs

This latest round of layoffs, which the spokesperson said happened last week, follow a handful of other layoffs made by the company since 2022.

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One-click checkout company Bolt confirms another round of layoffs

This latest round of layoffs, which the spokesperson said happened last week, follow a handful of other layoffs made by the company since 2022.

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source https://techcrunch.com/2023/12/14/one-click-checkout-bolt-another-round-of-layoffs/

Credit Karma co-founder Nichole Mustard stepping down after more than 16 years

Credit Karma co-founder and Chief Revenue Officer Nichole Mustard is leaving the company after 16-and-a-half years, TechCrunch has exclusively learned today. A spokesperson of the consumer fintech, now a subsidiary of Intuit, confirmed Mustard’s departure via email, writing only: “I can confirm she decided to leave the company, her contributions have been significant and we […]

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source https://techcrunch.com/2023/12/14/credit-karma-co-founder-nichole-mustard-stepping-down-after-more-than-16-years/

The 2024 Chevy Blazer EV RS first drive: A worthy but pricey all-electric SUV

GM has introduced a smattering of EVs in the past two years: the GMC Hummer SUV and its companion pickup truck, the Cadillac Lyriq and the Silverado EV pickup truck. But so far, none of them have had the success of the cheaper, smaller Chevy Bolt, the wedge-like all-electric hatchback that debuted nearly eight years […]

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The 2024 Chevy Blazer EV RS first drive: A worthy but pricey all-electric SUV

GM has introduced a smattering of EVs in the past two years: the GMC Hummer SUV and its companion pickup truck, the Cadillac Lyriq and the Silverado EV pickup truck. But so far, none of them have had the success of the cheaper, smaller Chevy Bolt, the wedge-like all-electric hatchback that debuted nearly eight years […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/13/the-2024-chevy-blazer-ev-rs-first-drive-worthy-but-pricey-all-electric-suv/

Cruise leaders booted following initial safety probe

Nine Cruise managers and executives who worked in commercial operations, legal and policy department have left GM’s self-driving vehicle subsidiary following an initial internal analysis of the October 2 incident that left a pedestrian stuck under and then dragged by one of its robotaxis. The departures were shared with employees via an internal Slack message. […]

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Cruise leaders booted following initial safety probe

Nine Cruise managers and executives who worked in commercial operations, legal and policy department have left GM’s self-driving vehicle subsidiary following an initial internal analysis of the October 2 incident that left a pedestrian stuck under and then dragged by one of its robotaxis. The departures were shared with employees via an internal Slack message. […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/13/cruise-leaders-booted-following-initial-safety-probe/

British International Investment backs India’s Aye Finance in $37M funding

Aye Finance, an Indian startup that offers its digital lending platform to small firms, has raised $37.18 million in a fresh funding round led by British International Investment, as it looks to continue to help micro enterprises grow their businesses and employees expand their incomes. The Series F round, which takes Aye’s total fundraising to […]

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FCC issues final denial of $885M Starlink subsidy

The FCC has made a final denial of Starlink’s application for $885 million in public funds to expand its orbital communications infrastructure to cover parts of rural America, saying the company “failed to demonstrate that it could deliver the promised service.” As previously reported, the money in question was part of the Rural Digital Opportunity […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/12/fcc-issues-final-denial-of-885m-starlink-subsidy/

FCC issues final denial of $885M Starlink subsidy

The FCC has made a final denial of Starlink’s application for $885 million in public funds to expand its orbital communications infrastructure to cover parts of rural America, saying the company “failed to demonstrate that it could deliver the promised service.” As previously reported, the money in question was part of the Rural Digital Opportunity […]

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Feds want anti drunk-driving tech in cars. Here’s what stands in the way.

The in-car tech used by the likes of Ford and GM to make sure drivers pay attention to the road has come a long way. But it’s just not ready to help prevent or mitigate the damage done by drunk driving, according to the National Highway Traffic Safety Administration. That assessment is threaded throughout a […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/12/feds-want-anti-drunk-driving-tech-in-cars-heres-what-stands-in-the-way/

Helicity Space raises $5M to unlock fusion propulsion – and fast travel in deep space

Helicity Space has closed a $5 million seed funding to accelerate development of a technology that could finally unlock fast, efficient travel in deep space. That technology is fusion propulsion, which has long been the domain of science fiction. The startup says that they have discovered a way to use plasma jets for fusion reaction. […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/11/helicity-space-raises-5m-to-unlock-fusion-propulsion-and-fast-travel-in-deep-space/

Relevance AI’s low-code platform enables businesses to build AI teams

Many companies already use generative AI tools, like OpenAI’s ChatGPT, which can help improve workers’ performance by as much as 40% compared with workers who don’t use it. However, only businesses with large engineering teams can build their own AI workforces. An Australia-based startup, Relevance AI, wants to help companies of all sizes build custom AI […]

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source https://techcrunch.com/2023/12/11/relevance-ais-low-code-platform-enables-businesses-to-build-ai-teams/

Lucid CFO bounces after Gravity SUV debut

Lucid chief financial officer Sherry House is leaving to "pursue other opportunities" just days after the automaker fell off the Nasdaq-100 index.

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/11/lucid-cfo-bounces-after-gravity-suv-debut/

A comprehensive list of 2023 tech layoffs

Last year’s techwide reckoning continues. The tech industry has seen more than 240,000 jobs lost in 2023, a total that’s already 50% higher than last year and growing. Earlier this year, mass workforce reductions were driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups across many sectors also […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/11/tech-layoffs-2023-list/

Cruise faces fines, TuSimple exits the U.S. and a new reporter joins the TC transpo team

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. […]

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Cruise faces fines, TuSimple exits the U.S. and a new reporter joins the TC transpo team

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.

source https://techcrunch.com/2023/12/10/cruise-faces-fines-tusimple-exits-the-u-s-and-a-new-reporter-joins-the-tc-transpo-team/

Senator Warren calls out Apple for shutting down Beeper’s ‘iMessage to Android’ solution

U.S. Senator Elizabeth Warren (D-Mass.) is throwing her weight behind Beeper, the app that allowed Android users to message iPhone users via iMessage, until Apple shut it down. Warren, an advocate for stricter antitrust enforcement, posted her support for Beeper on X (formerly Twitter) and questioned why Apple would restrict a competitor. The post indicates […]

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Senator Warren calls out Apple for shutting down Beeper’s ‘iMessage to Android’ solution

U.S. Senator Elizabeth Warren (D-Mass.) is throwing her weight behind Beeper, the app that allowed Android users to message iPhone users via iMessage, until Apple shut it down. Warren, an advocate for stricter antitrust enforcement, posted her support for Beeper on X (formerly Twitter) and questioned why Apple would restrict a competitor. The post indicates […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/10/senator-warren-calls-out-apple-for-shutting-down-beepers-imessage-to-android-solution/

Here are the newly minted fintech unicorns

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’re looking at a bunch of news — from new unicorns, to a fintech doing good, to one that shut […]

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How to push PaaS usage beyond 12-factor apps

Companies embracing the PaaS paradigm must recognize that there won't be a one-size-fits-all workload solution.

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/10/how-to-push-paas-usage-beyond-12-factor-apps/

How to push PaaS usage beyond 12-factor apps

Companies embracing the PaaS paradigm must recognize that there won't be a one-size-fits-all workload solution.

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EU lawmakers bag late night deal on ‘global first’ AI rules

After marathon ‘final’ talks which stretched to almost three days European Union lawmakers have tonight clinched a political deal on a risk-based framework for regulating artificial intelligence. The file was originally proposed back in April 2021 but it’s taken months of tricky three-way negotiations to get a deal over the line. The development means a […]

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Report: FAA should improve investigation process after a rocket launch goes awry

The U.S. Federal Aviation Administration has let launch providers conduct their own investigations in nearly every instance that a launch mishap has occurred since the start of the century — a practice that needs closer scrutiny, a federal watchdog said in a new report. The report, published Thursday by the U.S. Government Accountability Office (GAO), […]

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source https://techcrunch.com/2023/12/08/report-faa-should-improve-investigation-process-after-a-rocket-launch-goes-awry/

Report: FAA should improve investigation process after a rocket launch goes awry

The U.S. Federal Aviation Administration has let launch providers conduct their own investigations in nearly every instance that a launch mishap has occurred since the start of the century — a practice that needs closer scrutiny, a federal watchdog said in a new report. The report, published Thursday by the U.S. Government Accountability Office (GAO), […]

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Keep your business model simple

It appears that the allure of complex pricing models and business strategies often proves too tempting to resist.

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Play Our 2023 TechCrunch Pub Quiz!

How well do you remember everything that happened this year? Quiz yourself and find out!

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/07/play-our-2023-techcrunch-pub-quiz/

Keep your business model simple

It appears that the allure of complex pricing models and business strategies often proves too tempting to resist.

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/07/keep-your-business-model-simple/

Meta finally starts rolling out default end-to-end encryption for Messenger

After years of promises and limited tests, Meta has started rolling out default end-to-end encryption protection for Messenger. In an announcement, Mark Zuckerberg said that personal chats and calls will get default end-to-end encryption. However, encryption for group chats still remains an opt-in feature. End-to-end encryption is an important security layer as it doesn’t allow […]

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Meta finally starts rolling out default end-to-end encryption for Messenger

After years of promises and limited tests, Meta has started rolling out default end-to-end encryption protection for Messenger. In an announcement, Mark Zuckerberg said that personal chats and calls will get default end-to-end encryption. However, encryption for group chats still remains an opt-in feature. End-to-end encryption is an important security layer as it doesn’t allow […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/06/meta-finally-starts-rolling-out-default-end-to-end-encryption-for-messenger/

India’s Paytm curbing low-value personal loans spells bad news for the industry

Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans under 50,000 Indian rupees ($600) in a move that has already started to rattle many fintech investors. Paytm’s move followed the RBI recently tightening norms for consumer loans and publicly expressing concerns […]

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India’s Paytm curbing low-value personal loans spells bad news for the industry

Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans under 50,000 Indian rupees ($600) in a move that has already started to rattle many fintech investors. Paytm’s move followed the RBI recently tightening norms for consumer loans and publicly expressing concerns […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/06/indias-paytm-curbing-low-value-personal-loans-spells-bad-news-for-the-industry/

Did you attend Google’s K&I Black Summit this summer?

If you or a loved one attended this Summit please, let's get brunch.

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ChatGPT: Everything you need to know about the AI-powered chatbot

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. And that growth has propelled OpenAI itself into becoming […]

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Did you attend Google’s K&I Black Summit this summer?

If you or a loved one attended this Summit please, let's get brunch.

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/05/did-you-attend-googles-ki-black-summit-this-summer/

ChatGPT: Everything you need to know about the AI-powered chatbot

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. And that growth has propelled OpenAI itself into becoming […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/05/chatgpt-everything-to-know-about-the-ai-chatbot/

UK age assurance guidance for porn sites gives thumbs up to AI age checks, digital ID wallets and more

The U.K.’s Internet regulator has set out draft guidance for how porn sites will need to meet a newly introduced hard legal requirement to prevent children accessing adult content. So, yep, those years-in-the-making British age checks for porn sites are finally on the way. The watchdog intends this kind of bared flesh to be safety […]

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Max Q: A Starlink terminal and a Kuiper terminal walk into a bar

Welcome back to Max Q! In this issue: Why space parachutes are so hard, a new lawsuit alleging safety issues at Blue Origin, news from Loft Orbital, Relativity Space and more

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/04/max-q-a-starlink-terminal-and-a-kuiper-terminal-walk-into-a-bar/

Max Q: A Starlink terminal and a Kuiper terminal walk into a bar

Welcome back to Max Q! In this issue: Why space parachutes are so hard, a new lawsuit alleging safety issues at Blue Origin, news from Loft Orbital, Relativity Space and more

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More layoffs come for micromobility, Cruise cuts loom, and what the Cybertruck signals for Elon

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.

source https://techcrunch.com/2023/12/03/more-layoffs-come-for-micromobility-cruise-cuts-loom-and-what-the-cybertruck-signals-for-elon/

Gravel gets funding from NEA to support Indonesia’s booming construction industry

Indonesia’s construction industry is growing quickly, driven by residential and industrial building, alongside infrastructure development plans by the government. Sourcing skilled labor is still a time-intensive process, however, and often relies on personal networks and lengthy recruitment efforts. The founders of Gravel want to change that by making it easier to find workers and other […]

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Gravel gets funding from NEA to support Indonesia’s booming construction industry

Indonesia’s construction industry is growing quickly, driven by residential and industrial building, alongside infrastructure development plans by the government. Sourcing skilled labor is still a time-intensive process, however, and often relies on personal networks and lengthy recruitment efforts. The founders of Gravel want to change that by making it easier to find workers and other […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/03/gravel/

Fintechs go shopping

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’re back and making up for lost time after taking off for Thanksgiving. Here we go! Webull, Yieldstreet and NomuPay […]

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The most important metrics for SaaS funding in 2024

Today we're focusing on metrics and business environments that apply to most SaaS companies — not the unicorn outliers.

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/03/the-most-important-metrics-for-saas-funding-in-2024/

The most important metrics for SaaS funding in 2024

Today we're focusing on metrics and business environments that apply to most SaaS companies — not the unicorn outliers.

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It’s time for a heat check on the subscription economy and its proposed value to customers

Companies employing subscription licensing have grown between three and four times faster than the S&P 500 over the past 12 years.

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23andMe says hackers accessed ‘significant number’ of files about users’ ancestry

Genetic testing company 23andMe announced on Friday that hackers accessed around 14,000 customer accounts in the company’s recent data breach. In a new filing with the U.S. Securities and Exchange Commission published Friday, the company said that, based on its investigation into the incident, it had determined that hackers had accessed 0.1% of its customer […]

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23andMe says hackers accessed ‘significant number’ of files about users’ ancestry

Genetic testing company 23andMe announced on Friday that hackers accessed around 14,000 customer accounts in the company’s recent data breach. In a new filing with the U.S. Securities and Exchange Commission published Friday, the company said that, based on its investigation into the incident, it had determined that hackers had accessed 0.1% of its customer […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/01/23andme-says-hackers-accessed-significant-number-of-files-about-users-ancestry/

Ev startup Fisker cut its 2023 production target for the fourth time

Fisker, the California-based EV startup, cut its annual production guidance in an effort to free up $300 million in working capital, the company said in a business update Friday. Fisker said it expects to produce about 10,000 vehicles this year. The decision comes less than a month since Fisker cut its production target to between […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/12/01/ev-startup-fisker-cut-its-2023-production-target-for-the-fourth-time/

How the Tesla Cyberbeast compares to other high-priced electric pickups

After keeping some key specs close to its proverbial chest, Tesla is finally sharing more details about the final production versions of the Cybertruck electric pickup. Tesla published battery, speed and other stats during its delivery event on Thursday, during which the automaker went out of the way to compare the Cybertruck to some of […]

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Defense startup Epirus CEO leaving to take new job at a public company

Defense startup Epirus, Inc. is getting new leadership. Staff were told at an all-hands meeting this morning that CEO Ken Bedingfield was leaving, TechCrunch learned. The news was later confirmed by a company spokesperson, who told TechCrunch that Bedingfield accepted a role at an unnamed public company. He will be replaced by COO Andy Lowery, […]

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Tesla’s cheapest Cybertruck won’t drop until 2025

Bad news: If you had your heart set on a sub-$40,000 Cybertruck, it ain’t coming next year, if ever. Though Tesla plans to ramp up production of its electric pickup in 2024, the company clarified today after its splashy delivery event that the cheapest Cybertruck variant will be available in 2025. Tesla first announced a […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/30/teslas-cheapest-cybertruck-wont-drop-until-2025/

Natural Bamboo Bathroom Mat

 

---

Product Description

TOP PICK FOR YOU

Nisorpa natural bamboo mat, known for high quality and fashionable design, is one of the most popular floor mats with customers. Bamboo mat is originated in ancient China and has a history of thousands of years. Bamboo mat is one of the necessary furniture in every Chinese family. Nisorpa bamboo mat is mad of bamboo which is economic and environmental. We believe that customers always come first.

PRODUCT DETAILS

Non-slip Backing The back of the mat is made of latex which has a good anti-skid effect. Small dots on the back of the bamboo mat can enhance the anti-slip effect of the bamboo mat, so that the bamboo mat can be firmly placed on the ground.	Safe Edge The edges of the bamboo mat are wrapped with cloth, which can not only prevent being scratched by the sharp edges of the bamboo, but also strengthen the bamboo mat and extend the service life of the bamboo mat.	Space Saving Bamboo mats can be rolled up and stored in your closet when you don't need them. It can greatly save your space.	Smooth Surface The bamboo mat is made from a single piece of intact bamboo. The surface of the mat is smooth, without burrs, and it is comfortable to touch it.

Wide Application

Entry Mat The bamboo mat can be used as an entry insole and it is very comfortable to change shoes on it.	Living Room Area Mat The large bamboo area rug can be placed on the living room floor mat, which is very cool and comfortable to sit on in it.	Kitchen Mat The Non-slip bamboo mat can be placed in the kitchen. The mat is very easy to clean and its non-slip underside keeps it firmly on the ground.

Washing Instructions

Please use water below 70 °C and detergent to remove stains with a dishcloth,then rinse with water,dry in a cool place.Do not wash with hard objects such as steel wire balls.

About the Carpet Smell

The bamboo carpet you received may smell. We have professionally tested that it is normal and will not affect your health at all.

Please put the bamboo carpet in an open place for ventilation for about 3 days, and the odor can be eliminated.

Click the link below to order

Nisorpa Natural Bamboo Bathroom Mat 28x79inch Large Bamboo Area Rug Anti Slip Kitchen Floor Runner Eco-Friendly Bamboo Matting Carpet for Bedroom Living Room Kitchen

Elon Musk says ‘go fuck yourself’ to advertisers leaving X

Your move, Linda. Elon Musk said “go fuck yourself” to advertisers who recently paused spending on X after he endorsed an antisemitic conspiracy theory on the platform. Onstage at the DealBook conference, Andrew Ross Sorkin asked the X owner about these pauses in advertising. Musk replied, “Don’t advertise.” “You don’t want them to advertise?” Sorkin […]

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SpaceX acquires parachute company for $2.2M – because it turns out space-rated parachutes are very hard

SpaceX is known for its vertical integration, but one component it’s been outsourcing is parachutes — until earlier this month, when the company quietly acquired parachute vendor Pioneer Aerospace after its parent company went bankrupt. The Information first reported the news. This is the second known acquisition for SpaceX, which acquired small satellite startup Swarm […]

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Elon Musk says ‘go fuck yourself’ to advertisers leaving X

Your move, Linda. Elon Musk said “go fuck yourself” to advertisers who recently paused spending on X after he endorsed an antisemitic conspiracy theory on the platform. On stage at the DealBook conference, Andrew Ross Sorkin asked the X owner about these pauses in advertising. Musk replied, “Don’t advertise.” “You don’t want them to advertise?” […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/29/elon-musk-says-go-fuck-yourself-to-advertisers-leaving-x/

SpaceX acquires parachute company for $2.2M – because it turns out space-rated parachutes are very hard

SpaceX is known for its vertical integration, but one component it’s been outsourcing is parachutes — until earlier this month, when the company quietly acquired parachute vendor Pioneer Aerospace after its parent company went bankrupt. The Information first reported the news. This is the second known acquisition for SpaceX, which acquired small satellite startup Swarm […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/29/spacex-acquires-parachute-company-for-2-2m-because-it-turns-out-space-rated-parachutes-are-very-hard/

Fearless Fund grant program was already ‘at risk’ before lawsuit

A leaked document shines new light on the fund's relationship with Mastercard and the embattled grant program.

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LockBit claims cyberattack on India’s national aerospace lab

The notorious ransomware gang LockBit has claimed responsibility for a cyberattack targeting India’s state-owned aerospace research lab. On Wednesday, LockBit added the National Aerospace Laboratories (NAL) to its dark web leak site, which ransomware gangs use to extort victims for ransom payments. The group threatened to publish the organization’s stolen data if it fails to […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/28/lockbit-india-national-aerospace-laboratories-ransomware-attack/

The best tech gifts under $50 to consider in 2023

If you’re looking for a gift for someone but don’t want to break the bank, there are a number of great gadgets you can choose from. This list includes a selection of budget-friendly gift ideas, ranging from Bluetooth trackers and wireless earbuds, to smart home accessories. I personally use most of the items on this […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/27/the-best-tech-gifts-under-50-to-consider-in-2023/

Byju’s taps Jiny Thattil as CTO following departure of Anil Goel

Anil Goel, the CTO of Byju’s, is leaving the edtech giant, he informed some colleagues amid a broader restructuring at the Bengaluru-headquartered startup as it looks to pare down costs and unify many of its businesses. Jiny Thattil is replacing Goel as the CTO, according to an internal communication. Goel, a former Amazon executive, was […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/26/byjus-taps-jiny-thattil-as-cto-following-departure-of-anil-goel/

Byju’s taps Jiny Thattil as CTO following departure of Anil Goel

Anil Goel, the CTO of Byju’s, is leaving the edtech giant, he informed some colleagues amid a broader restructuring at the Bengaluru-headquartered startup as it looks to pare down costs and unify many of its businesses. Jiny Thattil is replacing Goel as the CTO, according to an internal communication. Goel, a former Amazon executive, was […]

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India’s EMotorad rides high with $20M investment for global e-bike push

EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China’s market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.5 million in total funding, with Singapore’s Panthera Growth Partners leading the latest round, along with participation from […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/26/india-emotorad-funding-series-b-ebike/

India’s EMotorad rides high with $20M investment for global e-bike push

EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China’s market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.5 million in total funding, with Singapore’s Panthera Growth Partners leading the latest round, along with participation from […]

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TC Startup Battlefield master class with Blumberg Capital: Make the most of your investors’ expertise

David Blumberg, founder and managing partner at Blumberg Ventures, explains how early-stage startups can look to their investors for help with solving problems, scaling, hiring, and strategic planning.

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TC Startup Battlefield master class with Blumberg Capital: Make the most of your investors’ expertise

David Blumberg, founder and managing partner at Blumberg Ventures, explains how early-stage startups can look to their investors for help with solving problems, scaling, hiring, and strategic planning.

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source https://techcrunch.com/2023/11/26/battlefield-master-class-blumberg-capital/

What startup founders need to know about AI heading into 2024

Now that the OpenAI leadership saga has died down, startup founders building with AI can get back to work building the future. If that’s you, TechCrunch+ has a pile of notes, opinion pieces and forward-looking stories with your name on them. Sure, TechCrunch+ is a lot more than AI-related coverage, but we are also going […]

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What startup founders need to know about AI heading into 2024

Now that the OpenAI leadership saga has died down, startup founders building with AI can get back to work building the future. If that’s you, TechCrunch+ has a pile of notes, opinion pieces and forward-looking stories with your name on them. Sure, TechCrunch+ is a lot more than AI-related coverage, but we are also going […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/26/what-startup-founders-need-to-know-about-ai-heading-into-2024/

Neuralink, Elon Musk’s brain implant startup, quietly raises an additional $43M

Neuralink, the Elon Musk-founded company developing implantable chips that can read brain waves, has raised an additional $43 million in venture capital, according to a filing with the SEC. The filing published this week shows the company increased its previous tranche, led by Peter Thiel’s Founders Fund, from $280 million to $323 million in early […]

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source https://techcrunch.com/2023/11/25/neuralink-elon-musks-brain-implant-startup-quietly-raises-an-additional-43m/

Neuralink, Elon Musk’s brain implant startup, quietly raises an additional $43M

Neuralink, the Elon Musk-founded company developing implantable chips that can read brain waves, has raised an additional $43 million in venture capital, according to a filing with the SEC. The filing published this week shows the company increased its previous tranche, led by Peter Thiel’s Founders Fund, from $280 million to $323 million in early […]

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The fate of US venture capital in China teeters on uncertainty

On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. Since China reopened its border this spring after three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking to the Bay Area. […]

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source https://techcrunch.com/2023/11/25/fate-of-us-venture-capital-in-china/

The fate of US venture capital in China teeters on uncertainty

On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. Since China reopened its border this spring after three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking to the Bay Area. […]

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Warren Buffett’s Berkshire Hathaway exits Paytm at a 40% loss

Berkshire Hathaway sold its shares in the Paytm-parent firm One97 Communications Friday, booking a loss of about 40% on the investment it made more than five years ago. The Warren Buffett firm invested about $260 million in Paytm in 2018, acquiring a 3% stake in the financial services startup at a valuation of about $10 […]

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Warren Buffett’s Berkshire Hathaway exits Paytm at a 40% loss

Berkshire Hathaway sold its shares in the Paytm-parent firm One97 Communications Friday, booking a loss of about 40% on the investment it made more than five years ago. The Warren Buffett firm invested about $260 million in Paytm in 2018, acquiring a 3% stake in the financial services startup at a valuation of about $10 […]

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source https://techcrunch.com/2023/11/24/warren-buffett-berkshire-hathaway-exits-paytm-at-a-40-loss/

Saviu Ventures’ second fund reaches €12 million first close to back Francophone Africa startups

Saviu Ventures, a VC firm targeting startups in Francophone Africa, has made an initial close of €12 million for its second fund with the backing of private investors, including French and Kenyan family offices. The VC firm aims to close the fund at between €30 million and €50 million to primarily invest in startups within […]

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Saviu Ventures’ second fund reaches €12 million first close to back Francophone Africa startups

Saviu Ventures, a VC firm targeting startups in Francophone Africa, has made an initial close of €12 million for its second fund with the backing of private investors, including French and Kenyan family offices. The VC firm aims to close the fund at between €30 million and €50 million to primarily invest in startups within […]

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source https://techcrunch.com/2023/11/24/saviu-second-fund/

In Australia and New Zealand, a venture downturn isn’t the end. It’s time to shine.

The geographic isolation of Australia and New Zealand creates a sense of hustle, if not urgency, around raising funds and building a global product.

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5 AI-powered tech gifts that are actually fun — and productive

As the holiday season approaches, I, like everyone else with the means and mental bandwidth, am brainstorming what to get the loved ones in my life. Or rather, I would be… but to be fully transparent, the irksome little procrastinating voice in my head has gotten the better of me this year. So it goes. […]

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source https://techcrunch.com/2023/11/22/5-ai-powered-gifts-that-are-actually-fun-and-productive/

The 20 best STEM toys and games to gift young learners and curious minds

There’s no doubt the STEM toys category has lost a bit of its magic. The hype that started about a decade ago, powering a wave of startups to launch creative and experimental products — pitching parents on dedicated connected hardware and apps to help unlock their kids’ future tech career progression — has faded to […]

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source https://techcrunch.com/2023/11/21/the-20-best-stem-toys-to-gift-coders-in-training/

Kinterra Capital’s debut $565M fund to support mining for battery metals

Kinterra Capital, a Canadian private equity firm, has closed its $565 million debut fund dedicated to securing critical mineral assets for battery development. The influx of private capital comes amid increasing government incentives into the sourcing and production of battery materials in North America. Kinterra’s oversubscribed round will target asset-level investments in North America, Western […]

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What does a Harry Potter fanfic have to do with OpenAI?

Have you ever puked and had diarrhea at the same time? I have, and when it happened, I was listening to a fan-made audiobook version of Harry Potter and the Methods of Rationality (HPMOR), a fan fiction written by Eliezer Yudkowsky. No, the dual-ended bodily horror was not incited by the fanfic, but the two […]

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source https://techcrunch.com/2023/11/21/what-does-a-harry-potter-fanfic-have-to-do-with-openai/

Max Q: SpaceX’s mega-rocket for the moon and Mars goes farther than ever before

In this issue: More on Starship's second launch, news from Blackshark.ai and more

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source https://techcrunch.com/2023/11/20/max-q-spacexs-mega-rocket-for-the-moon-and-mars-goes-farther-than-ever-before/

Avarni gets backing to help large enterprises hit their net-zero goals

For a lot of companies, Scope 3 emissions make up the bulk of their carbon footprint, but are time-consuming and expensive for them to track. As more regulation mandating Scope 3 reporting is passed, however, it is crucial for them to do so. That’s where Avarni comes into the frame. The Sydney-based startup helps companies […]

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Avarni gets backing to help large enterprises hit their net-zero goals

For a lot of companies, Scope 3 emissions make up the bulk of their carbon footprint, but are time-consuming and expensive for them to track. As more regulation mandating Scope 3 reporting is passed, however, it is crucial for them to do so. That’s where Avarni comes into the frame. The Sydney-based startup helps companies […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/20/avarni-2/

Cruise co-founder and CEO Kyle Vogt resigns

Kyle Vogt, the serial entrepreneur who co-founded and led Cruise from a startup in a garage through its acquisition and ownership by General Motors, has resigned, according to an email sent to employees Sunday evening. In another email, also viewed by TechCrunch, GM Chair and CEO Mary Barra announced that Mo Elshenawy, who is executive […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/19/cruise-co-founder-and-ceo-kyle-vogt-resigns/

Cruise co-founder and CEO Kyle Vogt resigns

Kyle Vogt, the serial entrepreneur who co-founded and led Cruise from a startup through its acquisition by General Motors, has resigned, according to an email sent to employees Sunday evening. The executive shakeup comes a month after the California Department of Motor Vehicles suspended Cruise’s permits to operate self-driving vehicles on public roads after an […]

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Cruise’s mea culpa and everything that stood out at the LA Auto Show

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. […]

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Cruise’s mea culpa and everything that stood out at the LA Auto Show

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.

source https://techcrunch.com/2023/11/19/cruises-mea-culpa-and-everything-that-stood-out-at-the-la-auto-show/

India and Australia World Cup final shatters streaming records on Hotstar

In India, few events garner as much attention as a cricket game. And there’s no match for a World Cup final. The Sunday game, which began just half an hour ago, has already topped 54 million concurrent viewers, shattering a record that was set just earlier this week. With no high-profile cricket game any time […]

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India and Australia World Cup final shatters streaming records on Hotstar

In India, few events garner as much attention as a cricket game. And there’s no match for a World Cup final. The Sunday game, which began just half an hour ago, has already topped 54 million concurrent viewers, shattering a record that was set just earlier this week. With no high-profile cricket game any time […]

© 2023 TechCrunch. All rights reserved. For personal use only.

source https://techcrunch.com/2023/11/19/india-and-australia-world-cup-final-shatters-streaming-records-on-hotstar/