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Category Archives: Tech
ServiceTitan prices IPO at $71, above expected range, after slow stretch for tech offerings
ServiceTitan said on Wednesday that it priced 8.8 million shares at $71 a piece in its initial public offering.
SolarSquare raises $40 million in India’s largest solar venture round
SolarSquare has raised $40 million in what is the largest venture round in India’s solar sector. The Mumbai-based startup bootstrapped and was profitable selling to corporate customers for five years before switching to residential solar in 2021. Now it has … Continue reading
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Microsoft will take an $800M hit over Cruise robotaxi shutdown
GM’s decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company’s minority investors. Microsoft, which in 2021 made an investment into Cruise, will take $800 million impairment charge as a … Continue reading
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Trump’s proposed university endowment tax could hurt funding, VC warns
University endowments could be taxed much higher under Trump. That may harm VCs, an investor warns. © 2024 TechCrunch. All rights reserved. For personal use only.
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It sure looks like OpenAI trained Sora on game content — and legal experts say that could be a problem
OpenAI has never revealed exactly which data it used to train Sora, its video-generating AI. But from the looks of it, at least some of the data might’ve come from Twitch streams and walkthroughs of games. Sora launched on Monday, … Continue reading
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Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000
Tesla topped its 2021 peak on Wednesday and Alphabet hit a record for the first time since July, as four of tech’s seven megacaps closed at all-time highs.
Patch Tuesday: Microsoft Patches One Actively Exploited Vulnerability, Among Others
December marked a quiet month with 70 vulnerabilities patched, plus updates from outside of Microsoft.
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Hyundai’s electric air taxi startup Supernal is moving its HQ from DC to California
Hyundai’s electric vertical takeoff and landing startup Supernal is shifting its global headquarters from Washington, D.C. to Irvine, California and asking around three dozen of workers to relocate, TechCrunch has learned. The company told TechCrunch about 5% of its total … Continue reading
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Honda cuts funding to robotaxi venture with Cruise and GM in Japan
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on Cruise and its commercial robotaxi ambitions, reports The Nikkei. GM said … Continue reading
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Facebook, Instagram and Whatsapp down in mass Meta outage
Over 22,000 people reported issues with Facebook this evening and over 18,000 struggled to use WhatsApp, according to Downdetector.