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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 (ATVM) Loan Program. Rivian said it expects to […] © 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
IMAX embraces AI to expand original content reach
With global content consumption rising and demand for non-English content surpassing that for English movies and shows, IMAX is leveraging AI to scale localization on its original content. The entertainment and media industry grew 5% to $2.8 trillion in 2023, according to a report by PwC. The industry is expected to continue its expansion, though […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 19:57:10
Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer
The write downs occurred throughout the current fiscal year as the situation at Northvolt deteriorated. © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 19:53:52
Threads tests the ability for users to choose their preferred default feed
Since Threads’ launch last year, users have asked for the option to set their “Following” feed as their default feed. Now, more than a year later, Threads is finally testing the ability for users to do so. Meta CEO Mark Zuckerberg announced on Monday that the social network is now testing the option for users […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 19:34:41
Authorities catch ‘SMS blaster’ gang that drove around Bangkok sending thousands of phishing messages
Thai authorities said the crime gang sent around a million malicious SMS text messages to nearby residents over a three-day period in November. © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 18:15:00
YouTube Music’s 2024 Recaps are out — here’s how to see yours
It’s officially that time of the year when music-streaming services start giving users a look back at their listening habits for the year. YouTube Music announced on Monday that users can now access their 2024 Music Recap to get personalized stats regarding their top artists, songs, moods, genres, and more for the year. You can […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 18:05:52
Apple again snubs AI in its ‘iPhone App of the Year’ finalists
On Monday, Apple’s list of finalists for its coveted “iPhone App of the Year” award once again reveals how the iPhone maker is downplaying the impact of AI technology on the mobile app ecosystem. As it did last year, Apple’s 2024 list of top iPhone finalists favors more traditional iOS apps, including those that help […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 18:05:21
Bluesky falling foul of EU rules by not reporting user numbers across the bloc
Bluesky, the social network that’s currently surging in popularity due to an exodus of users from rival X, is in breach of European Union (EU) regulations that stipulate all online platforms must regularly publish regional user numbers. The Digital Services Act (DSA), which came into full effect back in February, is an online governance framework […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 17:55:55
Instagram takes on Snapchat with new location-sharing feature
Instagram is introducing the ability for users to share their locations with their friends via DMs (direct messages), the company announced on Monday. The feature indicates that the Meta-owned social network is looking to challenge services like Apple’s Find My and Snapchat’s Snap Map, both of which are popular ways for users to see their […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 16:48:31
Pestle recipe app can now save dishes from TikTok
Recipe app Pestle is rolling out a new feature that can automatically turn your favorite TikTok recipe videos into detailed, step-by-step instructions, using AI. The new feature processes the video’s caption, where creators tend to document their ingredient list and instructions, but is powered by on-device machine learning instead of using a third-party AI provider. […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 16:46:29
Anthropic proposes a new way to connect data to AI chatbots
Anthropic is proposing a new standard for connecting AI assistants to the systems where data resides. Called the Model Context Protocol, or MCP for short, Anthropic says the standard, which it open sourced today, could help AI models produce better, more relevant responses to queries. MCP lets models — any models, not just Anthropic’s — […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 16:30:43
California will offer EV rebates if Trump kills federal tax credits
California is committed to zero-emission vehicles, even if the federal mood shifts.  The state’s governor, Gavin Newsom, a Democrat, said Monday that if the incoming Trump administration cuts the $7,500 EV tax credit, he will propose rebates for eligible residents who buy electric vehicles. “We’re not turning back on a clean transportation future — we’re […] © 2024 TechCrunch. All rights reserved. For personal use only.
Published: 2024-11-25 15:20:27
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