These days we have a ton of geospatial data coming off the increasing numbers of satellites circling in our atmosphere, but it takes some serious processing power and engineering prowess to turn that data into something useful. A couple of former Uber engineers, Sina Kashuk...
London-based fintech company Monzo raised a late stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the company has reached a post-money valuation of $5 billion (£4 billion). Founded in 2015,...
The company launched its payments orchestration product in 2022 and provides over 300 payment methods with fraud detection capabilities, one-click checkout and advanced smart routing technology. © 2024 TechCrunch. All rights reserved. For personal use only....
New York placed strict restrictions on short-term rentals last year. Rents still remain high, and some former hosts are frustrated. Meanwhile, Airbnb rentals in New Jersey are booming....
Using the large cloud computing providers is convenient, but not exactly cheap. Ubicloud, a new startup founded by the team behind Citus Data, which Microsoft acquired in 2019, wants to change the dynamics by offering a layer of core cloud computing services on top of...
Generative AI well and truly has a grip on public technology discourse these days. A new startup called Ema out of San Francisco thinks it’s a lot more than just a passing fancy. It’s emerging from stealth today, with a product of the same name,...
AI-powered video generation is a hot market on the back of OpenAI’s releasing Sora model last month. Two Deepmind alums Yishu Miao and Ziyu Wang have publicly released their video generation tool Haiper with its own AI model underneath. Miao, who was previously working at...
Georgina Merhom developed the concept for SOLO after helping freelancers in Egypt who didn't have bank accounts. © 2024 TechCrunch. All rights reserved. For personal use only....
With the news yesterday that “mini organs” have been grown for the first time using human stem cells, this futuristic area of bio-medicine is clearly accelerating by leaps and bounds. However, harvesting stem cells is a controversial process, since a major method involves harvesting during...
HR startup Deel said it is acquiring Africa's PaySpace in a deal that marks its largest acquisition to date. © 2024 TechCrunch. All rights reserved. For personal use only....
As remote work becomes increasingly prevalent, organizations globally are adapting, especially regarding onboarding procedures for new employees and navigating cross-border payment complexities. This new age of work has led to a surge in demand for startups that provide human resources (HR), payroll and compliance tools to...
We’re still years away from seeing physical quantum computers break into the market with any scale and reliability, but don’t give up on deep tech. The market for high-level quantum computer science — which applies quantum principles to manage complex computations in areas like finance...
When you think about commerce platforms, chances are the first names that come to mind are big names like Adobe Commerce or Salesforce Commerce Cloud. Large companies processing millions of orders already have a technological solution to manage their operations. But small companies that are...
WIRED reviewed a letter showing hundreds of Google workers demanding the company drop its sponsorship of MindTheTech, a conference in New York this week that promotes Israeli tech companies....
Australian remote sensing startup Esper wants to capture hyperspectral imagery from space at a fraction of the price of its competitors. The company, which will launch its first demonstration satellite today on SpaceX’s Transporter-10 mission, is entering a field rife with competition. There’s a reason...
AI is “not open in any sense,” the battle over encryption is far from won, and Signal’s principled (and uncompromising) approach may complicate interoperability efforts, warned the company’s president, Meredith Whittaker. But it’s not all bad news. (Actually, it is all bad news, because I...
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...