Category Technology

Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the company’s flagship all-electric Endurance pickup truck. Burns was ordered to…

The company has faced two main issues related to communications and the spacecraft rotation rate — and it’s largely solved both those problems. © 2024 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

Exactly how much Microsoft is paying all the investors of Inflection AI as part its oddly structured deal to abscond with the co-founders, much of the staff and the rights to use the tech hasn’t been publicly revealed. And Microsoft…

Shares of social forum giant Reddit closed its first day of trading at $50.31, up nearly 48% from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in the…

Intuitive Machines’ second moon mission is still on track to launch before the end of this year, after the company only had to make minor adjustments to the lunar lander design, executives said during an earnings call Thursday. The company…

As Apple faces down the barrel of a U.S. Department of Justice’s (DOJ) antitrust lawsuit, one might assume that references to the Cupertino company’s existing anti-competitive headwinds in Europe would be peppered liberally throughout the DOJ’s complaint — just for…

Crafting the perfect venture capital pitch is so simple that there’s an industry of consultants to help founders get their decks in order. TechCrunch has a long-running series of Pitch Deck Teardowns to help founders, and you can find an…

Today, during NBCUniversal’s annual technology conference, One24, the company revealed a slew of features coming to its streaming service Peacock ahead of the 2024 Paris Olympics in July. The most notable feature to launch on Peacock is multiview, which allows…

Electric boat maker Candela is approaching cruising speed with $25 million in new funding and the first commercial deployment of its new P-12 ferry in New Zealand. The company has global ambitions for its highly efficient boats and has completed…

One user said Glassdoor pulled her full name from an email and added it to her profile. Another user said it wasn’t clear how Glassdoor got his data. © 2024 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

SpaceX is in the final stages of certifying a second pad for astronaut launches, which should ease launch site congestion and help the company scale the number of humans it sends to space. SpaceX has performed 13 crewed missions, and…

OTB Ventures’ new $185 million fund for deep tech in Europe will mostly be deployed at the Series A stage; but up to 10% could be allocated to seed funding, and more than 50% to follow-on investments. © 2024 TechCrunch.…

Artificial General Intelligence (AGI) — often referred to as “strong AI,” “full AI,” “human-level AI” or “general intelligent action” — represents a significant future leap in the field of artificial intelligence. Unlike narrow AI, which is tailored for specific tasks…

The Pokemon Company said it detected hacking attempts against some of its users and reset those user account passwords. Last week, an alert was visible on Pokemon’s official support website, which said that “following an attempt to compromise our account…

Cowboy is better known for its sleek electric bikes that you can see in many major cities across Europe. And if you look at the persons riding those Cowboy bikes, most of the time, you’ll see a young adult heading…

While the technology world breathlessly awaits Reddit’s public debut, another company you might never have heard of is about to go public: Astera Labs. © 2024 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

Nvidia’s keynote at GTC on Monday held some surprises. In a way, it was a return to the company’s original mission. © 2024 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

At its GTC conference, Nvidia today announced Nvidia NIM, a new software platform designed to streamline the deployment of custom and pre-trained AI models into production environments. NIM takes the software work Nvidia has done around inferencing and optimizing models…

Documentation startup Mintlify says dozens of customers had GitHub tokens exposed in a data breach at the start of the month and publicly disclosed last week. Mintlify helps developers create documentation for their software and source code by requesting access…

Users of Elon Musk-owned X (formerly Twitter) continue complaining the platform is engaging in shadowbanning — aka restricting the visibility of posts by applying a “temporary” label to accounts that can limit the reach/visibility of content — without providing clarity…