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Technology

FedNow may finally be live, but will it be too costly for businesses to adopt?

Welcome to The Interchange! If you want this in your inbox, sign up here. It was an event-filled week in the fintech world, what with FedNow launching, the former CEO of fintech Bolt — and the company itself — being subpoenaed…

Technology

This week in AI: Companies voluntarily submit to AI guidelines — for now

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world of machine learning, along with notable research and experiments we…

Technology

This week in robotics: Chinese startups net a series of fundraising successes

Before we dive into this week’s biggest news within the robotics space, there’s an announcement of our own to highlight. We’ll be hosting a number of robotics industry experts at our very first Hardware Stage at TechCrunch Disrupt 2023. The…

Technology

Deal Dive: Futureverse is a metaverse company that might actually get it

Startups that look to improve an industry’s outdated infrastructure are definitely welcome in sectors like financial services and healthcare. But why would a company build infrastructure for an industry that seems to have hit its prime and zoomed past it…

Technology

Reining in API sprawl

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. Today I’m looking at a recent acquisition that…

Technology

An AI-generated ‘South Park’ episode, Microsoft’s security woes, and Tesla’s first Cybertruck build

Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular roundup of the past week in tech. Too busy to check the headlines this week? Don’t sweat it. That’s why WiR exists — we’ll get you caught up to speed.…

Technology

Congress probes Ford’s big battery deal with China’s CATL

In a public letter addressed to Ford boss Jim Farley, House Republicans Mike Gallagher and Jason Smith announced that two congressional committees are investigating the automaker’s licensing deal with Chinese battery maker CATL. The probe centers on Ford’s efforts to…

Technology

Threads in decline? Don’t count out Instagram’s new Twitter rival yet

A Wall Street Journal article on Friday warns that Instagram’s new Twitter competitor Threads is already losing steam. Citing third-party data from Sensor Tower, the paper reports the number of daily active users on Threads dropped for the second week…

Technology

Foreign visitors to China can finally go cashless like locals

Great news for those traveling to China! You can finally enjoy the seamless, cashless payment experience that you may have heard about for years and avoid the awkward interaction of asking your local friends to pay and giving them paper…

Technology

Bolt, ex-CEO Ryan Breslow subject of SEC probe

Ryan Breslow, co-founder of the e-commerce software outfit Bolt, was subpoenaed along with the company last year by the U.S Securities and Exchange Commission. The Information reported the news first on Friday. A letter authored in April by a lawyer…

Technology

ChatGPT comes to Android next week, but you can sign up today

Two months after launching for iOS, ChatGPT is available to “pre-order” for Android users who want to take the ubiquitous chatbot on the go. If it’s anywhere as popular as the iPhone version, expect to see some big numbers over…

Technology

Cruise starts initial robotaxi testing in Miami

Cruise, the self-driving arm of General Motors, has begun initial testing and data collection in Miami, the company said in a tweet Wednesday. “Phase 1 is to familiarize our fleet with additional, diverse road conditions while collecting data,” the company…

Technology

SpaceX’s Swarm Technologies is halting new device sales

Swarm, the Internet-of-Things connectivity provider that was acquired by SpaceX, will no longer be selling new devices, according to an email sent to customers earlier this month. The news appears to be directly related to SpaceX’s forthcoming expansion into the…

Technology

Autonomous vehicle company Aurora sells $820M worth of stock

Aurora Innovation, the self-driving technology company that aims to launch an autonomous trucking business in 2024, has completed a capital raise of $820 million from a public and concurrent private offering of its stock. The company expects the deal to…

Technology

VR is dead

It’s hard to believe that it was only 11 years ago that VR captured the zeitgeist. In April 2012, Oculus hit Kickstarter with the Oculus Rift developer kit, and the tech world whipped itself into a “this is the future”…

Technology

It’s been a bumpy 6 months for edtech — are smoother roads ahead?

Rhys Spence Contributor Share on Twitter Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund. More posts by this contributor 2022 European edtech report: Smaller rounds and fewer deals, but more angel activity Edtech’s honeymoon might…

Technology

Snowstorm raises seed and launches open beta to keep the internet free

Created to ensure open and free access to the internet, Snowflake saw a huge uptick in users during the start of the Ukraine War — and has grown even more since then. Started as an open source project by Serene…

Technology

Beijing robotics firm ForwardX’s Series C hits $61 million

ForwardX this week announced an additional $30 million in funding, bringing the Beijing-based firm’s Series C up to $61 million. The funding follows an initial tranche announced way back in December 2021. It brings the warehouse robotics firm’s total funding…

Technology

Severe outage knocked WhatsApp down

WhatsApp, the Meta-owned ubiquitous messaging app, was inaccessible to many users around the globe due to a “major disruption” earlier Wednesday. Tens of thousands of users reported issues sending and receiving messages on the social app, used by more than…

Technology

Ripple’s XRP case ‘underscores the need for regulatory clarity’

Last week, the crypto community celebrated a U.S. federal court case that ruled Ripple’s XRP token does not make up illegal securities sales — but only in some cases. Though many celebrated the ruling, it’s not a true win for…