Category Technology

The judge sent the jury home. He first wanted to review Sam Bankman-Fried’s comments before determining whether that testimony could be shared with jurors. © 2023 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

Twitch has had a tense year, in part due to community backlash over policy changes that affect the way creators can monetize their content.  Last year, the company announced that it would end the 70/30 subscription revenue split deal that…

Ford is delaying about $12 billion in planned investments on EVs, including construction of a second battery plant with joint venture partner SK On due to softening demand for higher priced premium electric vehicles.  CFO John Lawler emphasized Thursday during…

Norway-based Soundboks just released its latest $1,000 Bluetooth speaker. Now in its fourth generation, the latest Soundboks speaker is just like the older models: It’s a large, unabashed black box designed to withstand a rowdy, off-the-grid weekend of music. While…

Five weeks ago, Magic Leap CEO Peggy Johnson joined me onstage at Disrupt. Much of the conversation focused on the augmented reality hardware company’s full pivot into enterprise applications with the Magic Leap 2. Johnson, a former Microsoft and Qualcomm…

YouTrip, a Singapore-based fintech that offers multi-currency wallet for consumers and business accounts with corporate cards for SMEs, has its eyes on growth throughout Southeast Asia after landing a Series B led by Lightspeed. The round was $50 million, and…

The European Union’s home affairs commissioner, Ylva Johansson, has confirmed the Commission is investigating whether or not it broke recently updated digital governance rules when her department ran a microtargeted political ad campaign aiming to drive support for a controversial…

Chinese autonomous vehicle startup Pony.ai has scored $100 million from Neom, Saudi Arabia’s futuristic city and development project. As part of the deal, the two plan to establish a joint venture to develop, manufacture and deploy autonomous vehicles and smart…

In the Lego-like world of Roblox, about a hundred blocky avatars march through a lamplit street, wielding Palestine flags that are larger than their own animated bodies. Characters dressed like cartoonish dinosaurs, steampunk zombies and pastel pink pop stars chant…

In an attempt at damage control, the CEO of the equity management startup Carta, Henry Ward, today emailed customers, telling them that if they are concerned about “negative press” tied to the outfit, they should read a Medium post of…

Investment advisers who seek to innovate will need to tread carefully in this space to avoid missteps, which could have significant consequences for their viability. © 2023 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

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…

This afternoon, the Biden White House convened a meeting of top executives and government officials to discuss growing calls to institute right to repair on a national level. The virtual meeting came two weeks after California Governor Gavin Newsom signed…

Electric and hydrogen-powered heavy truck maker Nikola was awarded $165 million from its founder and former executive chairman, Trevor Milton, in an arbitration proceeding. Nikola said in a filing with the Securities and Exchange Commission that an arbitration panel in…

Less than a month after Waymo’s Los Angeles County expansion, labor organizers and an LA lawmaker are calling for new autonomous-vehicle regulations. On Tuesday, the office of LA Councilmember Hugo Soto-Martínez said he will introduce a motion “urging officials in…

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. Source: techcrunch.com

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…

One key area of private-market performance that we haven’t yet given enough attention to is the matter of exits. © 2023 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

In this issue: No new regulations on human spaceflight, news from Varda Space and more. © 2023 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

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…