Tech News

Brett Adcock Contributor Brett Adcock is the founder of Figure, an AI robotics company building a general-purpose humanoid robot. Previously, he founded Archer Aviation, an urban air mobility company that went public at $2.7B and Vettery, a machine learning-based talent marketplace that was acquired for $110M. Yesterday, the U.S. experienced its second-largest bank failure in

Nearly two-dozen YC-backed Indian startups have over $1 million stuck in accounts with Silicon Valley Bank and over four dozen more have over $250,000 tied with the lender, according to chats and result of a survey among the startups seen by TechCrunch, illustrating how the sudden collapse of the California-headquartered bank, which served as lifeblood for

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hi, Crunchers, Today, there’s only one story on everyone’s lips: The sudden and dramatic collapse of Silicon Valley Bank (SVB), the 40-year-old Silicon Valley institution. With $209 billion of assets under management

Jonathan Schwartz Contributor When engaging with our portfolio companies as well as with new investment opportunities, we’ve noticed that “profitability” and “efficiency” are two words that are often grouped with “growth” in every sentence. Three months into 2023, investors continue to use buzz words like “responsible growth,” “business efficiency” and “quality marketing” when explaining how

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello crunchers! Christine is off for a few days, which means you’re stuck with just me. Prepare for awful puns and worse jokes. Oh yes.  But before we start the pun-ishment, let’s

For years, Phil George was the executive sponsor of a mentoring program at McMaster-Carr, an industrial hardware supplier, where he spent weeks trying to match program participants with only scant information about them to go on. Employees often requested resources while mentors asked for training, and mentees wanted more guidance on goals. And as the

Among the wave of Spotify announcements coming out of today’s Spotify Stream On event, the company also shared some exciting news with podcast listeners — in particular, Batman fans. Spotify is launching a new podcast series “The Riddler: Secrets in the Dark,” starring comedian-actor Hasan Minhaj as The Riddler. As part of Spotify’s exclusive multiyear

Garin Hess, a tech entrepreneur based in Utah, experienced what he calls the “demo bottleneck” at a previous software-as-a-service (SaaS) startup while pitching to potential customers. He theorized that a self-directed interactive demo, personalized to each stakeholder, could not only streamline the process and save time, but also help organically discover and engage other stakeholders

Relativity Space will be attempting to make history with the first launch of the 110-foot-tall Terran 1 rocket tomorrow afternoon. The company, which was founded in 2015 by Tim Ellis and Jordan Noone, is best-known for its innovative 3D printing technology: Terran 1 is 85% 3D-printed by mass, and that even includes the rocket engines.

Tensor, a Solana-centric NFT trading platform, has raised $3 million in a seed round led by Placeholder, the team exclusively shared with TechCrunch. The startup was co-founded by Ilja Moisejevs and Richard Wu, bringing a collective 10 years of experience in working on trading infrastructure and data-intensive systems. Until this point, Tensor was bootstrapped off

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. We hope you’re meeting the week with open arms, crunchers, and that the week loves you right back. Unrequited love from abstract conceptual measurements of time are so heartbreaking. Let’s kick this

After a slow start in the UK and Europe, open banking is catching on with fintechs, who are using APIs to access banking data and rails and using them as an alternative to traditional credit networks to build products. Now, a UK-based consumer lending service called Abound is doubling down on its ambitions in the

To be successful, a business needs to have a plan for revenue in the short term and profitability in the long. Early-stage founders might be tempted to come up with half a dozen ways the company could make money. Don’t fall into temptation: Five unproven solutions don’t make one actual solution. Having said that, sometimes

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app economy in 2023 hit a few snags, as consumer spending last year dropped for the first time by 2% to $167 billion, according to data.ai’s “State of

TGIF, my TechCrunch homies. It’s that time of week again — the time for Week in Review, where we recap the past five days in tech news. As always, lots happened, so let’s dig in sans delay. Well, perhaps with a slight delay. I’d be remiss if I didn’t mention that TechCrunch Early Stage, TechCrunch’s

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello, you crunchy Crunchers! If you’ve been slacking and not bought yourself a Disrupt ticket yet, that’s cool, we still love you. But here’s a hot tip: This is your last chance

Welcome back to the TechCrunch Podcast, where I’m standing in for Darrell while he’s honeymooning with his lady love. This week, I sat down with Amanda Silberling and Mary Ann Azevedo to talk through some of their interesting stories. You can listen below or subscribe in iTunes or Spotify to get new episodes delivered weekly

Twitter’s paid plan Twitter Blue is now available to more than 20 new countries in Europe. These countries include Netherlands, Poland, Ireland, Belgium, Sweden, Romania, Czech Republic, Finland, Denmark, Greece, Austria, Hungary, Bulgaria, Lithuania, Slovakia, Latvia, Slovenia, Estonia, Croatia, Luxembourg, Malta, and Cyprus. This expansion makes the social network’s subscription service available in more than

Scott Belsky, chief product officer and executive vice president for Adobe’s Creative Cloud, believes there’s a big difference between the hype cycle around web3 last year, and what we’re seeing this year with ChatGPT and other generative AI models. Belsky, who was interviewed by Forbes reporter Alex Konrad at the Upfront Summit in Los Angeles

Several competition watchdogs in Africa plan to collectively interrogate the market conduct of global digital firms, putting big techs like Google and Meta, which have faced investigations and remedial action in other jurisdictions, on alert. The planned investigations follow a decision by the regulators from Kenya, Egypt, Mauritius, Nigeria, South Africa, Morocco, Gambia, Zambia last

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Have we told you lately that we love you? Well, we do. For ’tis March, and spring is almost here. Breathe in and check the <checks notes> smell of snow? Good heavens,

The all-in-one fintech app Revolut has released its annual report for 2021. While 2021 ended more than a year ago, this report includes some significant figures as the company nearly tripled its revenue between 2020 and 2021. Because of this explosive growth trajectory, the company reached profitability for the first time. Revolut’s financial success starts

Air Company, a startup that turns carbon dioxide into things like perfume, vodka, hand sanitizer and aviation fuel, is now on the U.S. Defense Department’s payroll, so to speak. The JetBlue and Toyota-backed company struck an up-to $65 million deal to help the Air Force capture CO2 and turn it into “sustainable” aviation fuel on

The OnePlus that was founded in 2013 was a cautious company, deliberate in its release schedule. The Shenzhen-based firm would announce one to two phones a year, not hung up on being the first to market with new features. It was a cadence that allowed the company to distinguish itself, in part, through pricing, with

TikTok has been banned from government-issued mobile devices in Canada, the country’s Treasury Board announced Monday. Taking effect on February 28, this block follows similar actions taken by the European Commission and some state governments in the U.S. The European Commission issued their directive to remove TikTok from government devices late last week. That same

Planet Computers turned heads when it arrived on the scene almost exactly five years ago. The London-based hardware startup was banking on a bit of nostalgia for the days of tactile mobile keyboards, as it attempted to drag the PDA kicking and screaming into the 21st century with the Gemini. 2020’s Astro Slide 5G followed

Twitter has laid off at least another 50 employees, according to a report from The Information and posts on social media from former workers. And apparently not even Elon Musk loyalist Esther Crawford, the chief executive of Twitter payments who oversaw the company’s Twitter Blue verification subscription, was spared, according to Platformer’s Zoë Schiffer. Alex

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app economy in 2023 hit a few snags, as consumer spending last year dropped for the first time by 2% to $167 billion, according to data.ai’s “State of

It’s Friday (or should I say, Fri-yay.) You’ve made it. Give yourself a pat on the back — and then go read the rest of this issue of Week in Review, TechCrunch’s newsletter summing up the past seven days in tech (sign up here to get it directly in your inbox every Saturday). I’ll continue

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Folks, we’ve got some really sad news for you. The weekend is here, which means that you have to stop working for a couple days. We know, it’s a tragedy. But don’t