Category Technology

Ford and GM are hedging their bets on EVs. In times of transition, that can be a terrible way to run a business. © 2023 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

X posts that are corrected by Community Notes, the platform’s crowd-sourced fact-checking system, will become “ineligible for revenue share,” Elon Musk said Sunday. “The idea is to maximize the incentive for accuracy over sensationalism,” he wrote. The billionaire executive also…

Popup Bagels raised $8 million in venture capital this week. But why would a bagel store chain want such expensive capital? © 2023 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

Women’s health remains one of the most underfunded, under-researched, and underserved areas of investment and study. © 2023 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

Kenyan B2B e-commerce company MarketForce has shut down operations in three of its five markets in Africa and is in the early stages of launching a social commerce spinout. TechCrunch has learned that MarketForce’s super-app dubbed RejaReja, which enables informal…

The last quarter in venture capital was quite gloomy. Even AI didn’t change the picture that much, but its impact is starting to show in other ways.  © 2023 TechCrunch. All rights reserved. For personal use only. Source: techcrunch.com

Hello, ghouls and goblins, and welcome to this Halloween Weekend edition of Week in Review (WiR), TechCrunch’s weekly tech recap in newsletter form. For our U.S.-based readers (and this reporter), ’tis the time for mid-autumn merrymaking — time-tested traditions like…

The maker of the popular optimization app CCleaner has confirmed hackers stole a trove of personal information about its paid customers following a data breach in May. In an email sent to customers, Gen Digital, the multinational software company that…

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. For my column this week, I told the story of how an ex-colleague was impersonated by an AI-powered spambot and almost tricked me. It a…

X, formerly known as Twitter, is introducing two new tiers for its subscription offering in order to bring in additional revenue. The social media giant is adding a new Premium+ tier that costs $16 per month and offers the “largest…

With a massive $2 billion reported investment from Google, Anthropic joins OpenAI in reaping the benefits of leadership in the artificial intelligence space, receiving immense sums from the tech giants that couldn’t move fast enough themselves. A byword for the…

Two of the biggest groups to oppose robotaxi expansion in California are now formally working together. Teamsters 856, which is tied to one of the longest-standing labor unions in the U.S., and Rideshare Drivers United (RDU), a group that advocates…

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…