Category Technology

The Securities and Exchange Commission has charged bankrupt Lordstown Motors with misleading investors about the sales prospects of its Endurance electric pickup truck. Lordstown has agreed to pay $25.5 million as a result — money that the SEC says will…

Apple’s secretive car project died without ever seeing the light of day. It’s a fitting end, considering we’ve collectively spent the last decade aware of it without really knowing too much about what the tech colossus was planning.  Neither has…

Apple CEO Tim Cook is promising that Apple will “break new ground” on GenAI this year. Cook made the pronouncement during the company’s annual shareholders meeting today, which came in the same week the company reportedly scuttled its multibillion-dollar, decade-long…

Cuts to Techstars’ staff and its decision to shutter certain accelerators came after it missed its 2023 revenue goals, according to documents outlining its preliminary 2023 results viewed by TechCrunch. Techstars also lost millions of dollars more by year’s end…

Despite automakers like Toyota and Honda pushing fuel-cell vehicles, hydrogen’s future lies elsewhere. © 2024 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

Apparently Frank Slootman, the veteran tech executive, was popular with investors, at least judging from their reaction that he will be stepping down as CEO of Snowflake. The company stock price has plunged more than 24% in after-hours trading on…

In one of the VC world’s greatest ironies, investors have lately been clamoring to back startups that are helping other startups shut down. So whether a VC-backed startup is succeeding or shuttering, investors themselves are finding ways to make returns…

A lot has changed at HTC in the decade since a small team broke off to form its mixed reality division. In fact, it’s a fundamentally different business in several meaningful ways. For one thing, you can’t call HTC a…

The TechCrunch team is in Barcelona this week to bring you all the action going on at Mobile World Congress 2024. © 2024 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

An organization called Newsmast is introducing a new approach to decentralized social media with the launch of an updated version of its Mastodon mobile app that now integrates content from two servers into one interface — a different approach compared…

Intuitive Machines’ first moon mission will come to a premature end due to the spacecraft landing on its side, which altered how the solar panels are positioned in relation to the sun, the company said in an update Tuesday morning.…

Days after it was knocked offline by a sweeping, years-in-the-making law enforcement operation, the notorious Russia-based LockBit ransomware group has returned to the dark web with a new leak site complete with a number of new victims. In a verbose,…

The Qatar Investment Authority (QIA) is launching a $1 billion venture capital fund of funds for international and regional venture capital funds, the sovereign wealth fund announced on Monday at the Web Summit. The program, according to QIA, seeks to…

The TechCrunch team is in Barcelona this week to bring you all the action going on at Mobile World Congress 2024. © 2024 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

Jeremiah Johnson says he has “an embarrassing amount” of Reddit karma. So, as a longtime moderator of subreddits like r/economics, he was part of a select group of power users who were granted first dibs to buy stock in Reddit…

Hello and welcome back to TechCrunch Space. My stomach is still in knots from the Intuitive Machines landing livestream. I think it’s fair to say that the words of Tim Crain, Intuitive Machines’ CTO, will go down in history: “We’re…

As a part of a multi-part series, TechCrunch is highlighting women innovators — from academics to policymakers — in the field of AI. © 2024 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

While North American VCs can see the potential value in backing European startups, it hasn’t been easy for firms to launch strategies. © 2024 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

The back of your phone is useless. There. I said it. Sure, the cameras are back that, but what about all of that blank real estate monopolizing 90% of the surface area? Honestly, it needs to start carry its weight…

As humans spend increasing amounts of time indoors, we lose access to the sun’s natural benefits. Recognition of season affective disorder has grown accordingly. While the actual occurrence of the condition is low (around 5% — or 10 million or…