Tag Archives: TechCrunch

Rivian raises production forecast for 2023, narrows losses in Q3

Rivian continued to close the gap on losses, reduce costs and ramp up production in the third quarter with results that beat Wall Street expectations and suggested a rosier future, including raising its annual production guidance from 52,000 to 54,000 vehicles. … Continue reading

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Rivian and Amazon are no longer exclusive

The exclusivity agreement that Amazon struck with Rivian is ending earlier than the two companies originally intended. On Tuesday, Rivian said it will now let other companies buy its commercial electric vans. Both companies’ stock prices rose following the announcement, … Continue reading

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Another room-temperature superconductor bites the dust

Other researchers had discovered numerous problems with the scientific paper describing the material. Now, the scientific journal Nature has retracted it. © 2023 TechCrunch. All rights reserved. For personal use only.

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Astra secures new debt agreement with assets as collateral

Astra has been thrown a critical lifeline in the form of new debt financing, which provides the company with a little more time to find funding to stave off catastrophe. The company said on Monday that it had closed $13.4 … Continue reading

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TC+ Roundup: Many Black founders are rooting for SVB

Before being known as the bank that collapsed, Silicon Valley Blank made a name for itself as a bank that helps support underrepresented founders. © 2023 TechCrunch. All rights reserved. For personal use only.

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Withings Body Scan review: A smart scale that tracks cardio health, body comp and more

French health tech brand Withings has been around the block and some. These days it offers a range of fitness wearables and monitors. It was also an early mover in smart scales and is continuing to push the envelope here … Continue reading

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23andMe data theft prompts DNA testing companies to switch on 2FA by default

DNA testing and genealogy companies are stepping up user account security by mandating the use of two-factor authentication, following the theft of millions of user records from DNA genetic testing giant 23andMe. Ancestry, MyHeritage, and 23andMe have begun notifying customers … Continue reading

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Congruent starts raising fresh $250M early-stage climate tech fund

High interest rates may be stifling some investments in climate tech today, but the new fund suggests that LPs see a light at the end of the tunnel. © 2023 TechCrunch. All rights reserved. For personal use only.

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TikTok is shutting down its Creator Fund in favor of its newer Creativity Program

TikTok has announced that it’s shutting down its original $1 billion Creator Fund and shifting the focus to its newer Creativity Program. Starting December 16, the Creator Fund will be discontinued in the United States, United Kingdom, France, and Germany. … Continue reading

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Three go-to-market tactics every founder needs to thrive in today’s market

Implementing a new SaaS product into a company often requires a shift in workflows and behaviors, and such change can be met with resistance. © 2023 TechCrunch. All rights reserved. For personal use only.

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