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Entrepreneur Marc Lore on ‘founder mode,’ bad hires, and why avoiding risk is deadly
Entrepreneur Marc Lore has already sold two companies for billions of dollars, collectively. Now he plans to take his food delivery and take-out business Wonder public in a couple of years at an ambitious $40 billion valuation. We talked with Lore in person in New York recently about Wonder and its ultimate aim of making […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-24 22:28:46
Apple will never stop thinking about making a TV
It’s not exactly a secret that Apple has explored the possibility of building a television. Before his death in 2011, co-founder Steve Jobs famously told biographer Walter Isaacson that he’d “finally cracked it,” but no full-fledged Apple TV (as opposed to the Apple TV set-top box) has emerged in the years since. Bloomberg’s Mark Gurman […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-24 20:54:34
Australian government drops misinformation bill
The Australian government has withdrawn a bill that would have fined online platforms up to 5 percent of their global revenue if they failed to stop the spread of misinformation. The bill, which was backed by the Labor government, would have allowed the Australian Communications and Media Authority to create enforceable rules around misinformation on […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-24 18:12:09
Latin America fintech will be a market to watch in 2025
Midway through 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d already hit the bottom for funding to Latin American fintech startups, and that a bounce back was coming. While momentum hasn’t been a straight shot up and to the right ever since, it’s looking like he was right. The volume of venture […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-24 16:00:00
Executive assistants, high salaries, and other ways early-stage founders will trigger a seed VC
While most seed investors believe founders should spend their raised cash however they want to, those VCs will still be judging founders’ cash management. © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-24 15:00:00
These alternatives to popular apps can help reclaim your online life from billionaires and surveillance
Not every app or service is trying to monetize your personal data. Here are some of our favorite alternatives to popular apps. © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-24 14:05:55
The curious case of Nebius, the publicly traded AI infrastructure ‘startup’
On October 21, a new ticker opened to Nasdaq traders: NBIS, a truncation of Nebius, a fledgling player in the AI cloud infrastructure space. Casual observers could be forgiven for wondering where this company had come from, as there had been little in the way of the usual fanfare that surrounds most startups’ journey to […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-24 13:00:00
How a digital “you” can sit through your agonizing web conference calls
Now you can appear to be on a Zoom call in your office, even when you’re sipping a margarita in a hammock far, far away. Courtesy of a months-old startup called Pickle, its pitch is simple: submit a five-minute-long training video of yourself to create an avatar, and 24 hours later, ostensibly, you’re ready to […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-24 02:56:17
‘Wolfs’ sequel canceled because director ‘no longer trusted’ Apple
It may be hard to remember, but George Clooney and Brad Pitt co-starred in a movie, “Wolfs,” that Apple released just two months ago. On Friday, the film’s writer and director Jon Watts said Friday that a sequel is no longer happening; in a follow-up interview with Deadline, he explained that he “no longer trusted […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-23 22:26:31
DOJ tells Google to sell Chrome
Welcome back to Week in Review. This week, we’re exploring the DOJ telling Google to sell off Chrome to break up its monopoly, OpenAI accidentally deleting potential evidence in The New York Times’ copyright lawsuit against it, and how AI companies are using TikTok brainrot for study tools. Let’s do this. The U.S. Department of […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-23 21:17:00
Tesla says it has reached a ‘conditional’ settlement in Rivian trade secrets lawsuit
Tesla and Rivian may have resolved a lawsuit in which Tesla accused Rivian of poaching employees and stealing trade secrets. Bloomberg reports that Tesla told a California judge that the companies have reached a “conditional” settlement, and that it expects to seek dismissal of the lawsuit by December 24. Tesla filed the suit, which was […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-23 19:12:53
How ‘Scattered Spider’ hacked some of the world’s biggest tech giants, and got caught
The prolific hacking group broke into Caesars Entertainment, Coinbase, DoorDash, Mailchimp, Riot Games, Twilio (twice), and dozens more. © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-23 15:00:00
Trump’s tariff threats don’t scare this Mexican fintech
Mexico’s economic development — turbocharged by the amount of nearshoring in recent years — has made it fertile ground for startups. But the trend is under threat if President-elect Donald Trump follows through with his idea of taking a harder line on trade with Mexico.  Jaime Tabachnik, co-founder and CEO of Mexican trucking finance startup […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-23 14:00:00
Meet three incoming EU lawmakers in charge of key tech policy areas
The European Union looks to have clinched political agreement on the team of 26 commissioners who will be implementing President Ursula von der Leyen’s policy plan for the next five years. A final vote is still pending next week, but on Thursday, Politico’s Brussels Playbook newsletter reported a deal in the European Parliament on the […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-23 13:00:00
OpenAI accidentally deleted potential evidence in NY Times copyright lawsuit (updated)
Lawyers for The New York Times and Daily News, which are suing OpenAI for allegedly scraping their works to train its AI models without permission, say OpenAI engineers accidentally deleted data potentially relevant to the case. Earlier this fall, OpenAI agreed to provide two virtual machines so that counsel for The Times and Daily News […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-23 05:07:00
Sequoia marks up its 2020 fund by 25%
Sequoia says no exits, no problem. The Silicon Valley titan of venture marked up the value of its 2020 Sequoia Capital U.S. Venture XVII fund by 24.6% in June, at the end of a 12-month period, according to PitchBook, which ran analysis on data from the Regents of the University of California’s endowment. Sequoia’s markup […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-22 23:54:40
Illumen Capital doubles down on supporting underrepresented funds
Illumen Capital is doubling down on its support for fund managers and founders from underrepresented communities. The firm is an impact fund of funds that has previously supported ways to address racial bias in investing. Yesterday, the firm, founded by Daryn Dodson, announced the raise of a $32.75 million “Catalyst Fund “to once again support […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-22 23:33:00
Gilroy, former Coatue fintech head, and angel investor Rajaram launch VC firm
Michael Gilroy, a former head of fintech investments at Coatue, and Gokul Rajaram, a longtime tech executive and prolific angel investor, are forming a yet-to-be-named venture firm and plan to begin fundraising toward a $400 million to $500 million debut fund early next year, Bloomberg reported. The firm will invest in U.S.-based early-stage fintech and […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-22 23:17:45
Tour the new Hyundai Ioniq 9
Emme Hall takes a closer look at the new Hyundai Ioniq 9, an all-electric three-row SUV. © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-22 22:45:17
ChatGPT: Everything you need to know about the AI-powered chatbot
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies. That growth has propelled OpenAI itself into […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-22 22:30:00
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