Apple Fined $2 Billion as Europe Sides With Spotify
Music streaming service Spotify has long complained that Apple’s App Store rules put unfair restrictions on its business. Today the European Commission agreed, fining Apple $2 billion....
Music streaming service Spotify has long complained that Apple’s App Store rules put unfair restrictions on its business. Today the European Commission agreed, fining Apple $2 billion....
AI startup Anthropic, backed by hundreds of millions in venture capital (and perhaps soon hundreds of millions more), today announced the latest version of its GenAI tech, Claude. And the company claims that it rivals OpenAI’s GPT-4 in terms of performance. Claude 3, as Anthropic’s...
Got the passion and the know-how, and want to make a difference in tech? Then mark your calendars for TechCrunch Disrupt 2024 happening in San Francisco from October 28–30. We’re on the lookout for dynamic speakers like you to grace our event with your insights....
Punkt first made a name for itself in the world of mobile with pared-down, monochromatic phones focused on voice, text and not much else. Now, the Swiss company has taken its concept of minimalism and changed it up, with the launch of its first smartphone...
This time on Equity, we talk through Apple's massive fine in the EU, India's new rules for AI, Waymo's wins, and Salla's huge pre-IPO round. © 2024 TechCrunch. All rights reserved. For personal use only....
Tourism continues to bounce back in the wake of Covid-19, with 2023 raking in $2.23 trillion globally, surpassing pre-pandemic levels for the first time since 2020. That’s having a big knock-on effect for startups building tech to serve the sector. Mews, one of the startups...
Topsort develops retail media technology for small businesses to use auctions as a way to create effective advertising. © 2024 TechCrunch. All rights reserved. For personal use only....
Qatar unveiled its startup investment program at the recent Web Summit through its development bank. The program aims to attract seed and growth-stage tech companies seeking to establish or expand operations within the country. TechCrunch has learned that the program, known as the “Startup Qatar...
In defense of a much-mocked programming language....
Rising interest rates led tech companies to become more demanding of potential hires. From lowball offers to endless interviews, it’s tough out there for coders seeking jobs....
The problem here is that the company has given up more than two-thirds of its equity to raise $3.3 million. © 2024 TechCrunch. All rights reserved. For personal use only....
Wagely, a fintech out of Indonesia, made a name for itself with earned wage access: a way for workers in Southeast Asian countries to get advances on their salaries without resorting to higher-interest loans. With half a million people now using the platform, the startup...
India has waded into global AI debate by issuing an advisory that requires tech firms to get government permission before launching new models. India’s Ministry of Electronics and IT issued the advisory to firms on Friday. The advisory, not published on public domain but a...
Camshaft disclosed in court filings this week that some $533 million it managed for Byju’s Alpha, a U.S. unit of Indian edtech group Byju’s, was transferred to another 100% and U.S.-based subsidiary of Byju’s, thereby refuting allegations that the Indian firm used the wealth manager’s...
Derek Smith launched Plug In South LA with goal of helping historically under represented people build successful startups. © 2024 TechCrunch. All rights reserved. For personal use only....
Welcome to TechCrunch Fintech (formerly The Interchange)! Apologies for being out last week — a cold got the best of me, but I’m back and here to talk about the fact that shutting down startups is big business, Stripe’s new valuation, Klarna’s latest AI update...
TechCrunch has launched a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. © 2024 TechCrunch. All rights reserved. For personal use only....
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our interview show, where we sit down with a guest, think about their work,...
TechCrunch has launched a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. © 2024 TechCrunch. All rights reserved. For personal use only....
We are thrilled to collaborate with some of the most influential players in the startup ecosystem to craft an exceptional experience at TC Early Stage 2024. Our aim is to equip new and aspiring founders with the necessary tools, insights, and connections crucial for building...
Waymo got approval Friday afternoon from California regulators for paid robotaxi rides in the second-largest city in the US, plus even more of the San Francisco Bay Area....
Elon Musk’s lawsuit against OpenAI hinges on a dubious claim that the company has already developed ‘artificial general intelligence’—and handed it over to Microsoft....
Rabbit co-founder and CEO Jesse Lyu isn’t afraid of death… the death of the company, at least. He told TechCrunch that the company is a startup whose fortunes may be swayed by the whims of multi-billion-dollar rivals — but that’s no reason to give up...
The current-generation AI technology is the tech equivalent of a toddler, and all the mediocre reviews various GenAI software is getting is tantamount to judging a fish by its ability to climb a tree. © 2024 TechCrunch. All rights reserved. For personal use only....
A 2021 study found that if farmers didn’t use pesticides, they would lose 78% of fruit production, 54% of vegetable production, and 32% of cereal production. At the same time, the way pesticides are delivered is not ideal: The only way to guarantee enough pesticide...
Groq, a startup developing chips to run generative AI models faster than conventional hardware, has an eye toward the enterprise — and public sector. Today, Groq announced that it’s forming a new division — Groq Systems — focused on greatly expanding its customer and developer...
Given that this week Instagram revealed that it was developing a “Friend Map” feature, it was interesting and timely to run into a startup during Mobile World Congress that plans to go beyond even that. Swayy is an iPhone app startup that allows you to...
Venture capitalists were in Los Angeles this week for the Upfront Summit, an invite-only conference with celebrity sightings and plenty of talk on the future of the VC industry. © 2024 TechCrunch. All rights reserved. For personal use only....
In the midst of CommandBar's pretty slim pitch deck, there are some innovations that are worth shining a light on. © 2024 TechCrunch. All rights reserved. For personal use only....
A travel-focused startup that the COVID pandemic could have killed has instead thrived. TravelJoy, a company providing a suite of tools for travel entrepreneurs and travel business operators, is now facilitating over $1 billion in annual spend for its customers, as interest in travel rebounded...