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Monthly Archives: August 2024
Oyo valuation crashes over 75% in new funding
The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round. The Gurugram-headquartered startup has raised $173.5 million in a Series G funding round. InCred Wealth, Patient Capital and … Continue reading
Redfin CEO promises to ‘drink our own urine’ if mortgage rates don’t fall
He really said that: When asked about the company’s “Plan B” if mortgage rates don’t fall, Redfin CEO Glenn Kelman responded, “Plan B is to drink our own urine or our competitors’ blood, stay in the foxhole.” This wasn’t at … Continue reading
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Turkey restores access to Instagram
Turkey appears to have restored access to Meta-owned Instagram, after blocking the app on August 2. Abdulkadir Uraloglu, the country’s minister of transport and infrastructure, posted today that the ban would be lifted at 9:30pm Turkish time. Cybersecurity monitor NetBlocks … Continue reading
Tesla’s Dojo, a timeline
Elon Musk doesn’t want Tesla to be just an automaker. He wants Tesla to be an AI company, one that’s figured out how to make cars drive themselves. Crucial to that mission is Dojo, Tesla’s custom-built supercomputer designed to train … Continue reading
Former YouTube CEO Susan Wojcicki Dies at 56
Susan Wojcicki is one of this era’s great unsung executives—and was crucial to Google’s trajectory from its very beginnings in her garage.
The tech world mourns Susan Wojcicki
Susan Wojcicki, a longtime Googler who spent nearly a decade as the CEO of YouTube, passed away Friday after a two-year battle non-small cell cancer. Wojcicki, who was 56, famously rented the garage of her Menlo Park home to Larry … Continue reading
OpenAI faces more leadership shake-ups
OpenAI co-founder John Schulman has left the company for rival AI startup Anthropic. In addition, OpenAI co-founder and president Greg Brockman is taking an extended leave after nine years at the company to “relax and recharge.” Schulman said his decision … Continue reading
One man decided to take on Google Maps, 20 years later OpenStreetMap is still going strong
From internet protocols and operating systems, to databases and cloud services, some technology is so omnipresent most people don’t even know it exists. The same can be said about OpenStreetMap, the community-driven platform that serves companies and software developers with … Continue reading
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The 10 largest GDPR fines on Big Tech
This list only includes major penalties issued to tech firms under the GDPR. In recent years, some significant sanctions have also been issued on Big Tech © 2024 TechCrunch. All rights reserved. For personal use only.
The rise of OpenAI and Microsoft’s $13 billion bet on the AI startup
Since its was founded in 2015, OpenAI has emerged as one of the most influential AI companies, with major enterprise customers and billions in revenue.