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Tag Archives: TechCrunch
Electric truck maker Nikola to cut 23% of workforce
Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash. The company said Friday it will lay off 150 workers who were … Continue reading
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Here’s why it’s scary that investors believe they can monetize the climate crisis
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday afternoon. The event horizon for when we can expect to end up in (literal) hot water when it comes to climate has come a lot … Continue reading
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NASA hits up 7 space companies to take on orbital squad goals
NASA has announced Space Act agreements with seven private space companies in the hopes of spurring tech developments the government may invest in down the line, from space stations to human transport and robotics. While no money is changing hands, … Continue reading
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BuzzCutt steers the sober curious toward booze-free bar and restaurant options
If you don’t drink, navigating nightlife, bars and even eating out can be an exercise in frustration. Non-alcoholic options are popping up everywhere, but for every neighborhood haunt with a booze-free beer, there are ten spots where you’ll be left … Continue reading
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Revolut sees its valuation reconsidered as public markets stir the fintech pot
What are neobanks worth? That’s a question on many people’s minds, especially the investors and employees of the richly valued fintechs that have been waiting for IPOs to make a comeback. Overall, neobanks mostly seem to be doing OK, especially … Continue reading
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TechCrunch+ roundup: SaaS valuations up, clean energy tax credits, H-1B transfer options
Can emerging managers do a better job of expanding access to capital than established VC firms? Because many funds with less than $50M under management “are led by those from underrepresented backgrounds,” there’s “an opportunity for less experienced managers to … Continue reading
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It’s not just hype, corporate America is making huge bets on AI transforming their businesses
Hype or not, the potential of AI has tech companies enamored, and businesses large and small have begun betting heavily on efforts that leverage AI in some fashion to spur their growth to new heights. These wagers have come in … Continue reading
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Make way for a new vegan protein on the menu
Fancy some dairy-free protein rich ice cream with a microbial twist? Finnish startup Solar Foods‘ novel alternative protein, Solein, is now on the menu of a restaurant in Singapore where it’s been blended into a custom (vegan) chocolate gelato. It’s … Continue reading
Ticketmaster, SeatGeek, Live Nation agree to disclose fees upfront (thanks, Biden)
Ticketmaster, SeatGeek, Live Nation and other companies have agreed to disclose ticket prices upfront, putting an end to the extra fees that consumers can’t see until the end of the billing process. President Joe Biden held a meeting on Thursday … Continue reading
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A simple bug exposed access to thousands of smart security alarm systems
U.S. power and electronics giant Eaton has fixed a security vulnerability that allowed a security researcher to remotely access thousands of smart security alarm systems. Security researcher Vangelis Stykas said he found the vulnerability in Eaton’s SecureConnect, a cloud-based system … Continue reading
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