Ben Affleck and Matt Damon have acquired a screenplay called “Killing Gawker,” which presumably delves into billionaire VC Peter Thiel’s campaign to bury the media outfit for posting excerpts from a Hulk Hogan sex tape. The film is based on a book that details the 2016 court case in which Hogan won a $140 million
Month: August 2024
The one and only Parker Conrad stopped by TechCrunch’s Found this week to talk to us about his company Rippling, as well as the X spat heard around the Valley. Conrad founded Rippling, an all-in-one HR technology company, after being ousted from his old company Zenefits — an experience he was not shy to touch
Chinese autonomous vehicle company WeRide has received the green light to test its driverless vehicles with passengers in California. The step comes as WeRide begins the process to go public on the U.S. stock market at a nearly $5 billion valuation. The timing also coincides with reports that the Commerce Department is considering a ban
With the introduction of the Pixel Watch 3 smartwatches, which now come in two sizes, Google is also introducing a new, potentially life-saving feature: loss of pulse detection. At the Made by Google 2024 event Tuesday, the company announced the watch’s added ability to sense this particular health emergency alongside other new tools and features,
In line with Elon Musk’s increasing rhetoric on X of going back to the good old days, Tesla looks like it’s finally getting ready to open its 1950s-style diner. Tesla is seeking a Tesla Diner Experience Specialist in Los Angeles to work with the charging operations team to ensure “exceptional customer experience at the Tesla
Anysphere, a two-year-old startup that’s developed an AI-powered coding assistant called Cursor, has raised over $60 million in a Series A financing at a $400 million post-money valuation, two sources familiar with the deal told TechCrunch. The round was co-led by Andreessen Horowitz and Thrive Capital. Patrick Collison, co-founder and CEO of Stripe, also participated
The cost of healthcare in the U.S. has been rising rapidly, but the portion of those costs footed by patients has increased even faster. Just two decades ago, fees paid by patients accounted for only 5% of hospitals’ and doctors’ revenue, but by 2017, those fees made up 35% of revenue. This trend inevitably led millions
Cindy Taff was standing out in the flat expanse of Starr County, Texas, in early 2022 when she felt it. “It was literally vibrating the ground,” she told TechCrunch. “That was an ‘ah-ha’ moment for me.” Her startup, Sage Geosystems, was testing equipment used to harvest heat from deep in the earth. The team had
Tally, a nine-year-old fintech that helped consumers manage and pay off their credit card debt, has shut down, according to the company. In a LinkedIn post that was shared earlier Monday, founder and CEO Jason Brown said the “sad and difficult” decision to close Tally down was not the outcome the company had “hoped for,”
Score, the dating app for people with good to excellent credit, shut down in early August, the company confirmed to TechCrunch. Score was only supposed to be a pop-up app, as TechCrunch previously reported, and was only supposed to be around for 90 days. This was back in February. But it received so much user
Elevate your brand’s presence at TechCrunch Disrupt 2024 in San Francisco by hosting a custom Side Event during “Disrupt Week,” taking place October 26 through November 1. Engage face-to-face with over 10,000 Disrupt 2024 attendees, your network, and the Bay Area’s dynamic tech community. You can host any activity that resonates with your brand such
If you’re looking to buy or sell a used Peloton bike, a startup called Trade My Spin could be the solution. In theory, you don’t need a whole separate marketplace to do this. And yes, you can definitely buy or sell a bike on Facebook or Craigslist already. But Trade My Spin’s CEO Ari Kimmelfeld
Meta and Universal Music Group (UMG) announced on Monday the expansion of their multi-year music licensing agreement, which enables users to share songs from UMG’s music library across Meta’s platforms (Facebook, Instagram, Horizon, Threads and WhatsApp) without violating copyright. What’s most notable about the new agreement is that it states that the two companies are
Heavy equipment manufacturer CNH Industrial has a long history of mergers and acquisitions, at times supervising legendary brands like Ferrari. But five years ago, as agtech was booming, the global giant was struggling to tap into the startup scene. The conglomerate turned to one of its longest-tenured executives, a swashbuckling Italian businessman named Michele Lombardi.
The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round. The Gurugram-headquartered startup has raised $173.5 million in a Series G funding round. InCred Wealth, Patient Capital and J&A Partners invested in the new round. TechCrunch reported in May that Oyo was seeking
When AI companion startup Friend revealed it had spent $1.8 million on buying the www.friend.com domain name last week, it set off a debate around what exactly branding is worth, and how startups should be spending cash. Founders of other companies like Loom and Public came forward to share stories of their own quests to
Susan Wojcicki, a longtime Googler who spent nearly a decade as the CEO of YouTube, passed away Friday after a two-year battle with non-small cell lung cancer. Wojcicki, who was 56, famously rented the garage of her Menlo Park home to Larry Page and Sergey Brin as they were starting Google. She then became one
AI was prominent in the news cycle this week — yet again. In this Friday’s episode of TechCrunch’s Equity podcast, Kirsten Korosec, Mary Ann Azevedo and Becca Szkutak kick off the show dissecting a bill which aims to regulate AI at the model level. Naturally, some VCs and founders as well as students and professors
India is the second-largest wearable market after China. At times, it has also been the largest smartwatch market. However, in Q2, wearable shipments in the country declined 10% year-on-year to 29.5 million units. The first half of the year, meanwhile, fell 4.7% to 55.1 million units, analyst firm IDC reported this week. Market analysts believe
The Startup Battlefield is the crown jewel of Disrupt, and we can’t wait to see which of the thousands of applicants will be selected to pitch to panels of top-tier VCs at TechCrunch Disrupt 2024, taking place on October 28–30 in San Francisco. It’s always epic, and every contender is on the road to making a huge
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week we are looking at AI founders who are playing musical chairs, a massive defense tech investment, and more issues at Techstars. Let’s get into it. Most
The rise of neobanks has been fascinating to witness, as a number of companies in recent years have grown from merely challenging traditional banks to being massive players in and of themselves. Chime and Dave are just two examples of such neobanks. Hear from Chime product officer Madhu Muthukumar and Dave CEO Jason Wilk at
“It’s not the heat that gets you, it’s the humidity,” said a dad, somewhere. His kids might be rolling their eyes, especially if they’ve spent any time in the desert Southwest during the summer, but their dad is at least partly correct: Not only does high humidity make people less comfortable, it also strains air
Los Angeles is notorious for its back-to-back traffic. Three events that promise to bring in millions of spectators from around the world — the 2026 World Cup, the Super Bowl in 2027 and the 2028 Olympics — have LA officials searching for a range of new mobility solutions to address its congestion problems. But they’re
In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several decades, adding workflow automation features to maintain pace with upstart rivals. It’s still growing, CFO Andy Thomson assures TechCrunch. Thomson claims that CloudPay is handling
Boston-based Flint Capital just closed its third fund at $160 million, four times the amount of its initial 2013 fund. The capital will be split evenly between early and late stage investments, with the firm doubling down on IT, cybersecurity, fintech and digital health startups. Its success is in large part because of a unique
AI companies are gobbling up investor money and securing sky-high valuations early in their life cycle. This dynamic has many calling the AI industry a bubble. Nick Frosst, a co-founder of Cohere, which builds custom AI models for enterprise customers, recently said on TechCrunch’s Found podcast that he doesn’t think the AI industry is in
Slag is the molten runoff created while producing steel in a traditional blast furnace. The material has been prized as greener cement alternative for creating concrete, the Earth’s most abundant human-made material. The runoff is facing supply chain issues, however, as the steel industry looks to greener methods of production. Increasingly, steel producers in the
Looking Glass on Thursday announced that it has begun shipping a pair of new displays, with a third arriving at customer homes later this month. The larger Looking Glass 16- and 32-inch Spatial Displays are available now. The smaller model runs $4,000. The Brooklyn-based startup is making the 32-inch model’s price available on request. The most
TikTok’s latest offering is capitalizing on the app’s ability to serve as a discovery engine for other media — something its users already take advantage of by sharing short clips of movies and TV shows. Today, the company is partnering with studios like Warner Bros. to launch a feature that lets users discover movies and
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