Category Technology

SoftBank once invested in social app IRL at a $1.1 billion valuation. Now, the Japanese investment firm is suing the defunct company for fraud, alleging $150 million in damages. IRL was supposedly poised to become an event organizing alternative for…

Autonomous-driving company Pony.ai and Toyota say they’re teaming up with the goal of one day cranking out a bunch of “fully driverless robotaxis.” The two companies intend to kick off their partnership sometime this year with around $139 million in…

GoStudent — the late-stage tutor marketplace that has raised $686.3 million so far — has now raised another $95 million in what it calls a strategic fundraise from Deutsche Bank and other investors, including Left Lane Capital, DN Capital, Tencent,…

Coinbase reported its second-quarter earnings Thursday afternoon after the bell, beating market estimates. During Q2, the second largest crypto exchange by trading volume generated total revenues of $707.9 million, down from $772.5 in the previous quarter and $808.3 million in…

After three attempts and a change in Delaware law, EV truck maker Nikola was able to get enough shareholders to vote on a proposal that will allow it to issue more shares. Nikola said Thursday it received the requisite number…

Apple’s Q3 earnings presented a mixed bag for the company, as iPhone revenue continued to slide. The handset brought in $39.67 billion for the quarter, down from $40.66 this time last year. The drop certainly isn’t an anomaly amid an…

HackerOne, a widely known bug bounty and penetration testing platform, is cutting up to 12% of its workforce as the global economic slowdown continues to impact the tech community. The San Francisco-based startup announced its layoffs on Wednesday, TechCrunch learned…

The DJI/GoPro relationship has been an uneasy one ever since planned drone collaboration fell back down to earth some eight or so years back. After the deal fell through, GoPro launched its Karma drone, but ultimately failed to find purchase…

User morale isn’t the only thing that’s down at Reddit. More than 30,000 people have reported outages on Reddit since about 4:30 PM ET, according to Downdetector. While many users have been able to access the platform again, not all…

Many people have mixed feelings over Twitter’s rebranding to X, in preparation for its transformation into owner Elon Musk’s vision of an “everything app.” But on the U.S. App Store, users have been venting their frustrations over the name change,…

Black founders raised $212 million out of $29 billion this Q2, picking up just 0.71% of the capital allocated to U.S. founders this quarter, according to Crunchbase. In Q2 2022, Black founders raised $602 million out of $62 billion, or…

The troves of data collected by today’s modern connected cars has long been viewed as a cash cow — a yet untapped opportunity that could boost profits for automakers. Now one California agency wants to know exactly how that data…

The AI sector has gotten hotter over the last year. But unlike many of past venture fads — like crypto or web3 — the AI sector had a number of large startups and legacy players already active when the market…

Austin seems to agree with Tuesday Capital. When the 12-year-old seed-stage outfit — originally called CrunchFund  —  was co-founded by longtime Patrick Gallagher and TechCrunch founder Michael Arrington, it was interwoven with the Silicon Valley scene. In has since widened…

When Google had its unpleasant realization that it had been complacently spinning its wheels on a form of fake AI for a decade, chances are it started re-aligning itself that day. And it sounds like Assistant itself is now getting…

It’s become an internet pastime to point out all the things that Elon Musk is wrong about and all the ways he’s wrong about them. A list of them could be an article of its own, but in lieu of…