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Cardless swipes up $30M to build a new generation of co-branded credit cards
More than a quarter of all U.S. residents use co-branded credit cards today 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 […] © 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
Marc Andreessen, Joe Lonsdale, and all the other VCs reportedly in the running for new Trump committees
With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular co-founder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 23:03:56
TechCrunch Space: Everything is bigger in Texas!
Hello, and welcome back to TechCrunch Space! First off, I want to highlight a few stories we weren’t able to get to: First, Inversion Space raised a $44 million Series A to continue development of its ultra-precise orbit-to-Earth cargo delivery service. The company has already garnered a lot of attention from the DOD for its […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 23:00:00
Rocket Lab nails two missions within 24 hours — one in each hemisphere
Rocket Lab set a new speed record for launch turnaround time, successfully executing two Electron missions in 24 hours. The company added in a statement that this is also the first time any launch operator has completed a mission from each hemisphere within that time frame.  Rocket Lab, which was founded in New Zealand, maintains […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 21:23:08
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: 2024-11-25 20:49:42
Sill’s new app rounds up the best links from your Bluesky and Mastodon networks
Want to keep up with what everyone’s talking about on alternative social media sites like Bluesky and Mastodon, but don’t have time to constantly scroll through their respective apps? A newly launched link aggregation service called Sill may be able to help. The service is similar to the older startup Nuzzel, which was ultimately acquired […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 20:17:50
Here’s why ServiceTitan was on the clock to go public
When ServiceTitan dropped its S-1 notice of an impending public offering on November 18, many VCs likely rejoiced. A successful IPO by the company, which builds operating software for trade businesses, could be what the quiet IPO market needs to start shaking loose. But the timing of ServiceTitan’s IPO may not be entirely based on […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 20:10:31
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