Category Technology

In the first quarter of 2023, we reported that Jumia recorded its lowest losses in four years. Its adjusted EBITDA and operating losses dropped to $27 million and $30.9 million, respectively. Those numbers represented a 55% and 57% decrease year-over-year,…

David Limp is set to step down from his role as head of Amazon’s consumer devices division later this year. Amazon has confirmed the news with TechCrunch, following a Wall Street Journal report. Limp has been the company’s Senior Vice…

The Startup Battlefield pitch competition is a Silicon Valley legend that’s reached far beyond its Bay Area beginnings. It’s a global launching pad for some of the most successful tech companies, including Cloudflare, Dropbox, Fitbit, Mint and Yammer. More than…

Claude Cummings Jr. Contributor Share on Twitter Claude Cummings Jr. was elected president of the Communications Workers of America in July 2023. As the first Black president of CWA, he is a leading voice on labor and civil rights issues…

Hackers could have hijacked the user accounts of a popular transportation app and used them to get free rides and access people’s personal information, according to a security researcher. Omer Attias, a security researcher at SafeBreach, said he found three…

Companies of all stripes have begun embracing generative AI as a way to increase productivity and possibly even replace some workers. But the base technology has been around for decades. Over the last five to 10 years, big enterprise software…

Tax evasion, money laundering and other financial crimes are massive, costly issues. In 2021, the Internal Revenue Service estimated that the U.S. loses $1 trillion a year due to tax evasion alone. IVIX thinks AI can help with that. The…

W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Anna is out this week, so I’m back…

You have just mere hours left to save a bundle on passes to TechCrunch Disrupt 2023, taking place September 19–21 in San Francisco. At this point, perhaps you need the help of Saint Expeditus, the patron saint of procrastinators. Hey,…

Sam Bankman-Fried, the former CEO of the now-bankrupt crypto exchange FTX, had his bail revoked ahead of his October trial, US District Court Judge Lewis Kaplan said on Friday. The decision came after allegations that Bankman-Fried leaked the diary of…

Elon Musk has disappointed me many times. He bought my favorite social network and made it bad. He has mistreated workers across his companies, and he has permanently ruined the enduring comedy of 420 and 69 jokes. And today, he…

We didn’t think we’d see the day. Digital mortgage lender Better.com’s proposal to combine with Aurora Acquisition Corp. via a SPAC (special purpose acquisition) has been approved by shareholders, the company confirmed today. According to a Securities and Exchange Commission…

We love mergers and acquisitions here at TechCrunch. We even kind of like reverse mergers. But this latest development in the robotics industry sure has us excited! Delivery robots maker Serve Robotics is going public via a reverse merger with…