Tag Archives: TechCrunch

Prewave pulls in $20M as supply chain tech investments remain on VC radars

Despite the investor caution narrative permeating the startup world throughout the economic downturn, certain startup-types have been a little more impervious to market conditions. The global supply chain was one of the major industrial casualties of the pandemic, so it … Continue reading

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LinkedIn cuts 716 jobs as it phases out its China app

LinkedIn is cutting 716 jobs and will begin phasing out its local jobs app in China. In a letter today, LinkedIn CEO Ryan Roslanky said the decision to shutter the standalone China app, called InCareer, was because of “fierce competition … Continue reading

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Tesla’s new Texas lithium refinery to support 1M electric vehicles by 2025

Tesla officially broke ground Monday on a Texas lithium refinery, making it the only U.S. automaker to refine its own lithium. CEO Elon Musk said the refinery will produce enough battery grade lithium for 1 million electric vehicles by 2025, … Continue reading

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Daily Crunch: In its second markdown in 4 months, Invesco slashes Swiggy’s valuation to $5.5B

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and welcome to a new week. Haje is off today, so it’s just me and you … Continue reading

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Shopify sells 6 River Systems to new owner

Shopify last week announced that it would be the latest big tech firm to undergo mass layoffs. The company is cutting 20% of its 11,600-person staff. The news arrived during earnings that beat Wall Street expectations, shooting its stock price … Continue reading

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Elon Musk teases free Tesla FSD trial in North America

Tesla CEO Elon Musk has laid out a rough plan for expanding access to Full Self-Driving (FSD), the company’s advanced driver assistance system (ADAS), throughout North America and the rest of the world. “Once FSD is super smooth (not just … Continue reading

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Terraform Industries wants to solve climate change by making more hydrocarbons

Casey Handmer is not intimidated by very large quantities. Trillions of acres. Thousands of gigawatts of solar power. A billion metric tons of carbon. His startup, Terraform Industries, aims to operate at these ambitious scales. The company wants to turn … Continue reading

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EV maker Lucid misses on revenue, earnings in Q1

Lucid’s first-quarter results showed a company with widening losses and revenue that failed to meet Wall Street expectations, results that sent shares tumbling as investors worried about demand for its luxury all-electric Air sedan. Lucid Group’s shares dropped more than … Continue reading

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Acapela lets anyone back up their own voice for free in minutes — just in case

Synthetic speech can be a fearful object these days when paired with deepfakes and other AI deceptions, but it’s also an indispensable tool for anyone who can no longer speak on their own. Acapela Group has these folks squarely in … Continue reading

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This app, backed by Marissa Mayer and Peter Thiel, is making texts more expressive

“The medium is the message” is the common phrase, but entrepreneur Alexis Traina believes that messages, themselves – text messages to be exact – deserve attention, too. Traina is the CEO and co-founder of HiNOTE, an app that helps people … Continue reading

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