Category Technology

This week, WordPress.com owner Matt Mullenweg confirmed his company would be shifting the majority of Tumblr’s workforce to other areas at parent company Automattic in light of the social blogging site’s continued financial woes. After acknowledging and explaining the meaning…

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. If you’ve been following along with this newsletter, you’ll have noticed that I’ve been a little bit curious about AI — especially generative AI. I’m…

Polestar showcased this week its vision for the future: new tech and next-generation vehicles that the Swedish EV company owned by China’s Geely Holdings hopes will spark sales and spur an era of growth. The inaugural Polestar Day event in…

“This is Palestinian falafel, and this is my Palestinian grandmother,” TikTok creator Vegan Bodegacat says in a voiceover as her grandmother blends soaked chickpeas with fresh parsley, then scoops the mixture into hot oil, where it quickly browns. “… I’ve…

The European Space Agency has signed a new agreement with the developers of the Starlab commercial space station, with the aim of establishing a “sustained access to space for Europe,” the groups said in a statement. The memorandum of understanding…

According to a leaked memo, Tumblr’s longterm financial woes have reached a breaking point. Aside from a skeleton crew of essential workers in departments like trust and safety, the majority of Tumblr’s 139 workers will be reassigned to other products…

The government of Maine has confirmed over a million state residents had personal information stolen in a data breach earlier this year by a Russia-backed ransomware gang. In a statement published Thursday, the Maine government said hackers exploited a vulnerability…

Rocket Lab is waiting until Neutron is more technically mature before signing launch contracts with customers, CEO Peter Beck told investors on Wednesday. The statements provided an inside look on how the space company is thinking about bringing the Neutron…

Lyft’s strategy of slashing ride-hail fares to compete with Uber has resulted in slow and steady gains for the company, but competition remains fierce.  According to Lyft’s third-quarter earnings, reported Wednesday, Lyft’s active ridership numbers have increased sequentially quarter-over-quarter this…

In 2021, robotics startups were flying high. Unlike other categories that had buckled under the strains of a global pandemic, interest in automation was at an all-time high, as companies attempted to navigate supply chain issues and ongoing labor shortages.…

Rocket Lab is best known for the Electron launch vehicle but the company’s earnings results continue to show that it is much more than a rocket company. The company reported $68 million in revenue for the third quarter, with $46.3…

Notable among the Klarna IPO chatter is the fact that it is far from the only private company worth billions that we are watching approach the public markets. © 2023 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

We’re well past the revelation that automakers are software companies. But as the industry deepens its software roots, firms are still figuring out which upgrades they’ll charge for — and what folks are willing to pay. Subscription fatigue is real;…

Host Becca Szkutak is joined by our old friend Darrell Etherington to talk with Nasrat Khalid of Aseel. © 2023 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

Rivian vans are no longer an Amazon exclusive. The automaker said on Tuesday that it will now let other companies buy its commercial electric vans, ending an exclusivity deal that Amazon secured when it pumped more than a billion dollars…

Rivian continued to close the gap on losses, reduce costs and ramp up production in the third quarter with results that beat Wall Street expectations and suggested a rosier future, including raising its annual production guidance from 52,000 to 54,000 vehicles.…

Lucid has revised its 2023 production outlook amid softening demand for luxury electric vehicles, the company said Tuesday in its third-quarter earnings report. The EV maker said it will produce 8,000 to 8,500 vehicles by the end of the year,…

Zelda fans already got a stellar new game with “Tears of the Kingdom” this year, but Nintendo just dropped another exciting nugget of news: the gaming giant is working on a live-action movie based on the Legend of Zelda franchise.…

A prominent choreographer’s lawsuit against Fortnite maker Epic Games is back on after the 9th Circuit U.S. Court of Appeals overturned a lower court’s decision to throw the case out last year. Kyle Hanagami sued Epic last year, accusing the…

Lucid has reached an agreement that will give owners of its luxury EVs access to Tesla’s network of superchargers — following the path of Ford, GM and the majority of automakers that sell EVs in North America have taken in…