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Tag Archives: TechCrunch
Omidyar Network to pull out of India market
Omidyar Network, backed by eBay founder Pierre Omidyar, is shutting down its India operations, two sources familiar with the matter told TechCrunch, in a stunning development for the impact venture firm that has backed nearly 75 startups in the South … Continue reading
A spectral device using Generative AI could detect bad microbes in food factories in real time
The factories which process our food and beverages (newsflash: no, it doesn’t come straight from a farm) have to be kept very clean, or we’d all get very ill, to be blunt. That usually entails deploying all sorts of petri-dish-based … Continue reading
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Tribe Capital eyes leading $75M-plus funding in India’s Shiprocket
Tribe Capital is in talks to lead a $75 million to $100 million funding into the logistics aggregator Shiprocket, according to a person familiar with the matter, a notable financing deliberation at a time when most Indian startups are struggling … Continue reading
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Fortnite maker Epic Games wins its antitrust fight against Google
On Monday, a jury sided with Epic Games over Google in an antitrust case that could reshape how app marketplaces like Google Play are allowed to operate. The unanimous verdict wraps up a three-year-long legal battle between the companies. Epic, … Continue reading
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Terran Orbital CEO tells staff it is not looking for a buyer
Terran Orbital CEO Marc Bell told employees Monday the company is not looking for a buyer in an effort to quash a report that it was seeking bids by the end of the month, according to sources who spoke to TechCrunch. … Continue reading
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Hasbro to cut 1,100 jobs despite Dungeons & Dragons thriving
Hasbro is laying off 1,100 employees, according to an SEC filing. The company behind franchises like Dungeons & Dragons and Transformers, Hasbro already laid off 800 employees in January. While some employees will find out about the fate of their … Continue reading
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Ford slashes production target for all-electric F-150 Lightning to match demand
Ford will cut production of its all-electric pickup truck in 2024 in an effort to match consumer demand. Ford executives signaled in October during its third-quarter earnings call plans to”adjust” production of its all-electric vehicles and delay about $12 billion … Continue reading
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Helicity Space raises $5M to unlock fusion propulsion – and fast travel in deep space
Helicity Space has closed a $5 million seed funding to accelerate development of a technology that could finally unlock fast, efficient travel in deep space. That technology is fusion propulsion, which has long been the domain of science fiction. The … Continue reading
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Relevance AI’s low-code platform enables businesses to build AI teams
Many companies already use generative AI tools, like OpenAI’s ChatGPT, which can help improve workers’ performance by as much as 40% compared with workers who don’t use it. However, only businesses with large engineering teams can build their own AI … Continue reading
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Asteroid mining startup AstroForge faces setbacks – and successes – on demonstration mission
Asteroid mining startup AstroForge is racing against the clock to complete its refinery demonstration on orbit after encountering a number of unexpected setbacks before and after launch, the startup said in a candid blog post published today. This demonstration mission … Continue reading
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