Cardless swipes up $30 million to build a new generation of co-branded credit cards

Major UK, US stores face ongoing disruption after ransomware attack hits supply chain giant Blue Yonder

The Arizona-based firm said it has "no timeline" for restoration, following a cyberattack that caused disruption at companies around the world. © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 14:00:05

Inflection CEO says it’s done trying to make next generation AI models

Just last year, Inflection AI was as hot as a startup could be, releasing best-in-class AI models it claimed could outperform technology from OpenAI, Meta, and Google. That’s a stark contrast compared to today, as Inflection’s new CEO tells TechCrunch that his startup is simply no longer trying to compete on that front. Between then […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 14:00:00

In court filing, Drake alleges UMG and Spotify artificially inflated popularity of diss track ‘Not Like Us’

The longstanding feud between rappers Drake and Kendrick Lamar is heating up. Drake — via a business entity called Frozen Moments LLC — filed a petition yesterday in a New York Supreme Court accusing distributor Universal Music Group (UMG) of artificially inflating the popularity of “Not Like Us,” Lamar’s recently released “diss” track directed at […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 13:58:22

EU’s outgoing antitrust chief regrets not moving faster & breaking Big Tech’s grip

The European Union’s outgoing competition chief, Margrethe Vestager, made a name for herself with headline-grabbing enforcements against Big Tech. But in a New York Times exit interview, as she approaches the end of her term, she sounds regretful at not having gone faster and harder against the likes of Apple and Google. She summarized her […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 13:53:04

Cleo Capital launches cybersecurity accelerator to help undo the ‘crushing burden’ of online threats

Cleo Capital, the early-stage venture fund that counts the AI firm Groq, fintech company Ellevest, and fashion brand Hill House as investments, has announced the launch of a new cybersecurity accelerator. The program is looking for pre-seed and seed companies from all around the world. The accelerator is a remote, 12-week program, with a standard […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 13:50:05

Tesla appears to be building a teleoperations team for its robotaxi service

As Tesla gears up to launch a robotaxi service in the coming years, the automaker looks like it’s building out a teleoperations team. According to a recent job listing, Tesla is hiring a software engineer to help develop a teleoperations system that will allow human operators to remotely access and control the company’s upcoming robotaxis […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 13:45:00

Cardless swipes up $30 million to build a new generation of co-branded credit cards

More than a quarter of all U.S. residents use co-branded credit cards to get discounts and other extras from brands they use regularly. But not all is rosy in the world of loyalty commerce. Major brands like Uber, Starbucks and Walmart have all pulled back from such projects over the years after failing to see […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 12:29:58

Apple ordered to open up in-app purchases in Brazil

Brazil’s antitrust regulator Cade has ruled that Apple must lift restrictions on in-app purchases within 20 days, Reuters reports. Otherwise, if the iPhone maker doesn’t comply, it faces fines of $43,000 per day. This decision is the result of a complaint filed by e-commerce merchant Mercado Libre in 2022. If you’ve been following recent changes […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 11:45:49

Say bye to freeform e-bike parking in London following new rules to reduce bike mess on streets

London is putting the brakes on the mess of electric bikes that litter the streets of the city. Today, the local transportation authority, Transport for London, announced a new enforcement policy that will restrict parking for the tens of thousands of e-bikes rented on-demand from companies like Lime, HumanForest and Dott. The news is significant […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 11:28:04

Google to test plain ‘blue link’ results for hotel searches in EU markets in latest DMA twist

Google has announced it’s making more changes to how it displays search results in the European Union in response to continued complaints that it’s failing to comply with the bloc’s Digital Markets Act (DMA). This will include what it bills as a “short test” of plain “blue link” style search results for hotel queries in […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 10:41:52

Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing

The U.S. Department of Commerce confirmed on Tuesday it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing. The funding will go toward manufacture and advanced packaging (techniques to assemble and integrate […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 10:16:55

AI helps India’s Meesho cut some customer call costs by 75%

Softbank-backed online shopping site Meesho has rolled out what it claims is the first GenAI-powered voice bot among Indian e-commerce firms for customer support, paring down some expenses by 75%. GenAI, or generative AI, refers to artificial intelligence models that are trained on lots of data so that they are capable of producing and parsing […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 10:08:32

EV charging platform Ampeco raise $26M Series B, as demand for charging soars

We last covered EV charging platform Ampeco in 2023 when it raised a Series A round of $13 million. Today it’s raised $26 million in a Series B funding led by Revaia, a growth equity investment fund. That takes its total funding to $42 million.  Many EV charging systems are end-to-end solutions which makes them […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 09:00:00

Cradle builds out its protein-design AI platform (and wet lab) with $73M in new funding

Using AI to accelerate biotech is fast becoming standard practice, and companies offering services to deploy the tech quickly are seeing big uptake and new investment. Cradle is one of these, focused on protein design — and it just raised $73 million to build out its labs and team. Cradle appeared in 2022 as part […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 08:01:00

Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly

Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. This is where Cambridge University spin-out Molyon hopes to come in: the U.K. startup is developing next-gen […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 08:00:00

Biolevate’s raises €6M to helps medical writers keep up with the pace of new drugs

Writing the documentation that must go alongside the development of new drugs is a highly labor-intensive process: not much software is used and there’s a shortage of expert writers. Paris-based Biolevate helps medical writers go faster with a platform that uses NLP and visual document reading to assisting in writing. It’s now raised €6 million […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 07:00:00

Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy

Volta, a new startup with a team split between two headquarters in Milan and Paris, has secured a €6 million pre-seed round ($6.3 million) to develop a new vertical software-as-a-service platform focused on B2B sales. In more practical terms, the Volta team pitches its product as an equivalent to Shopify but focused on B2B transactions. […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 07:00:00

Rivian snags $6.6B conditional federal loan to build Georgia factory

Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs Office Advanced Technology Vehicle Manufacturing Loan Program. Rivian said it expects to begin […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 04:12:57

Google Developer Program gains new features, but you’ll have to pay for them

In June, Google announced the Google Developer Program, a free program to give devs access to resources designed to help them build applications using Google services. Now that “millions” of devs have signed up (according to Google), the company is introducing a second, paid tier to commercialize the program. On Monday, Google launched the Google […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 00:54:16

Another star athlete is making his way into venture capital

Giannis Antetokounmpo, a player for the Milwaukee Bucks, launched a venture capital firm called Build Your Legacy Ventures that will focus on sports and entertainment investing, according to Bleacher Report. Antetokounmpo will serve as general partner. The fund was “not just about capital; it’s about forging partnerships and opening my network to accelerate the growth […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 00:15:00

Last news

Major UK, US stores face ongoing disruption after ransomware attack hits supply chain giant Blue Yonder

Inflection CEO says it’s done trying to make next generation AI models

In court filing, Drake alleges UMG and Spotify artificially inflated popularity of diss track ‘Not Like Us’

EU’s outgoing antitrust chief regrets not moving faster & breaking Big Tech’s grip

Cleo Capital launches cybersecurity accelerator to help undo the ‘crushing burden’ of online threats

Tesla appears to be building a teleoperations team for its robotaxi service

Cardless swipes up $30 million to build a new generation of co-branded credit cards

Apple ordered to open up in-app purchases in Brazil

Say bye to freeform e-bike parking in London following new rules to reduce bike mess on streets

Google to test plain ‘blue link’ results for hotel searches in EU markets in latest DMA twist

Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing

AI helps India’s Meesho cut some customer call costs by 75%

EV charging platform Ampeco raise $26M Series B, as demand for charging soars

Cradle builds out its protein-design AI platform (and wet lab) with $73M in new funding

Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly

Biolevate’s raises €6M to helps medical writers keep up with the pace of new drugs

Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy

Rivian snags $6.6B conditional federal loan to build Georgia factory

Google Developer Program gains new features, but you’ll have to pay for them

Another star athlete is making his way into venture capital

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