Category Technology

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Technology

Armed with new execs, dLocal rebounds from a short seller attack in a big way

Uruguayan fintech company dLocal saw its stock surge by over 30% on Wednesday on the news that the payments outfit had tapped former Mercado Libre CFO Pedro Arnt as its new co-CEO. Shares closed up nearly 32% at $20.45, after…

Technology

A growth framework for reaching $1M ARR

Jonathan Martinez Contributor Share on Twitter Jonathan Martinez is a former YouTuber, UC Berkeley alum and growth marketing nerd who’s helped scale Uber, Postmates, Chime and various startups. More posts by this contributor 5 growth lessons we learned while scaling…

Technology

EV maker Vinfast still worth more than Ford and GM after stock tanks 19%

Vietnamese EV maker VinFast’s debut Tuesday on the Nasdaq public exchange was nothing short of remarkable. The automaker, which went public via a merger with special purpose acquisition company Black Spade Acquisition, saw shares catapult 68% to close at $37.06…

Technology

Researchers are helping robots teach themselves to open dishwashers and doors

You’ve surely seen all of those videos of robots opening and walking through doors. The dirty little secret is that most or all of them involved a good bit of human hand holding. That can come in the form of…

Technology

X, formerly Twitter, slowed down access to Threads, The New York Times, Bluesky and more

X, formerly known as Twitter, was throttling traffic to websites that the social network’s owner Elon Musk publicly dislikes. The platform slowed down the speed it takes when accessing links to a handful of websites including The New York Times,…

Technology

Electrify America-backed 75MW solar farm kicks off operations

Electrify America, the EV charging company created by Volkswagen in the aftermath of its diesel emissions scandal, said on Tuesday that a new, 75 megawatt solar farm in Southern California is now up and running. Electrify America isn’t operating this…

Technology

Chicken Soup for the Soul Entertainment cuts costs a year after buying Redbox

A year after Chicken Soup for the Soul Entertainment (CSSE) purchased Redbox for $375 million, the company continues to be hit by losses and looks to reduce costs across all aspects of its business. CSSE reported its second-quarter 2023 earnings…

Technology

Jumia expects losses not to exceed $100M this year, per Q3 financials

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,…

Technology

The startup landscape has shifted dramatically: Accelerators must adapt or fade away

Brett Calhoun Contributor Share on Twitter Brett Calhoun is the managing director and general partner at Redbud VC. Unparalleled contrasts have marked the last decade and a half — from the devastating plunge of a major housing crash to the…

Technology

Amazon’s devices chief is stepping down this 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…

Technology

OnePlus takes on the wet touchscreen problem

I got caught in the rain twice last week. That probably says more about my general lack of preparedness than anything, of course, but I was reminded both times how much is sucks attempting to use a wet touchscreen. I…

Technology

Atomic, GV, and SOSV join the Startup Battlefield judges lineup at TechCrunch Disrupt 2023

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…

Technology

A merger that’s good for workers and consumers

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…

Technology

Max Q: More propulsion troubles on-orbit

Hello, and welcome back to Max Q! In this issue: More propulsion troubles on-orbit News from Astranis and more By the way . . . We’re out-of-this-world excited to announce that we’ve added a dedicated Space Stage to TechCrunch Disrupt 2023. Plus, we’ve joined…

Technology

Bugs in transportation app Moovit gave hackers free rides

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…

Technology

Sure AI is hot, but is it an actual market or a platform piece?

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…

Technology

Cruise and Waymo score a win and a surprising deal between electric aircraft rivals

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. All eyes were on San Francisco this week as critics and supporters of deploying…

Technology

Disrupt is around the corner — Here are the fintech players taking the stage

In this week’s edition of The Interchange, we touch on the resilience of BaaS in a sometimes messy fintech space, earnings highlights, and much more. If you want to receive this in your inbox every Sunday, sign up here. It’s…

Technology

Deal Dive: This AI startup is racking up government customers

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…

Technology

A core plank of the SaaS economic model is under extreme pressure

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…