Oil and gas isn’t the only source of energy lurking under our feet. Drill deep enough and the Earth’s temperature stays consistent enough that it can be a source of heating and cooling for homes, offices, and data centers. But in many regions, geothermal wells today bottom out at around 500 feet, a limitation that
Fitbit has settled with the U.S. Consumer Product Safety Commission (CPSC) over a long-standing defect that caused some wearers to sustain burns. The deal finds the Google-owned fitness company paying a $12.25 million penalty for the issues surrounding its Ionic smartwatch. The issue dates back to 2018, continuing on into 2020. Fitbit agreed to recall
The global supply chain is under strain, and one of the reasons is a lack of visibility into how shipments are being transported around the world. According to one recent survey, nearly half of the organizations polled reported having little-to-no visibility into their upstream supply chains. In search of a remedy, Krenar Komoni, who’d for
What do AI voice agents and self-driving cars have in common? Their performance can be evaluated in the same way, argues Brooke Hopkins, a former tech lead at Waymo. Coval, Hopkins’ new startup, looks to do just that. “When I left Waymo, I realized a lot of these problems that we had at Waymo were
Samsung revealed three new additions to its Galaxy smartphone line at Samsung Unpacked 2025 on Wednesday. The news didn’t bring too many surprises, as the line maintains its usual tiered system with the Galaxy S25, Galaxy S25+, and Galaxy S25 Ultra. The news finds the hardware in line with the rest of the mobile industry
Streaming service Plex has long since grown beyond its original focus of being a home for personal media to offer a more comprehensive solution for discovering, streaming, and sharing content across services, including Plex’s own ad-supported free TV and movies. More recently, the company added social networking features, which it’s today expanding with its rollout
Crypto is making such a big comeback that AngelList and CoinList are launching a way to help raise capital for crypto-specific founders using crypto coins. They are teaming up to launch crypto special purpose vehicles (SPVs) and crypto roll-up vehicles (RUVs), the companies shared with TechCrunch exclusively on Wednesday. The partnership, they said, will give users
The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal. The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster ride the proptech industry has endured over the past decade.
Google has agreed to acquire a part of HTC’s extended reality (XR) business for $250 million, expanding its push into virtual and augmented reality hardware following the recent launch of its Android XR platform. The deal involves transferring some of the HTC VIVE engineering staff to Google and granting non-exclusive intellectual property rights, according to
In 2015, the blogging site Tumblr launched a GIF discovery feature called Tumblr TV as an experimental product. Now, with the U.S. TikTok ban leaving the fate of the short-form video app uncertain, Tumblr has decided it’s finally time to launch Tumblr TV, which has since evolved to support video, to all its users as
After a turbulent few years for companies operating in the real estate market, Divvy Homes announced Wednesday that it is getting acquired by a division of Brookfield Properties for about $1 billion. The outcome is not a fire sale as previously described in other reports, although it is less than the $2.3 billion that Divvy
Scale AI is facing its third lawsuit over alleged labor practices in just over a month, this time from workers claiming they suffered psychological trauma from reviewing disturbing content without adequate safeguards. Scale, which was valued at $13.8 billion last year, relies on workers it categorizes as contractors to do tasks like rating AI model
A South Carolina utility wants to restart construction on a power plant that was mothballed eight years ago after running over budget and pushing an iconic American company into bankruptcy. Hoping to capitalize on the data center power boom, state-owned utility Santee Cooper is looking for partners to help finance and complete the two reactors
Another tidbit just dropped following Wednesday’s Samsung Unpacked event. This one comes courtesy of Adobe, which notes that the new Galaxy S25 line will be the first handsets to support the Content Credentials standard, aimed at labeling AI-generated content as such. The Coalition for Content Provenance and Authenticity (C2PA) group — of which Samsung is
Spotify is expanding its streaming service to now include educational courses in addition to music, podcasts, and audiobooks. The company on Tuesday referenced one of its newer features called courses, which allow users to learn about topics in areas like business, tech, lifestyle, music, and more. The feature is initially being piloted in the U.K.,
When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer questions or fill out technical questionnaires. “They
Over the years, Ramp has built a name for itself in the corporate card and expense management space. It’s branched out into travel, bill pay, and more, while raising over $1.2 billion in venture funding. Today, the six-year-old fintech startup is announcing a different kind of expansion — one that takes it into more of
One of Donald Trump’s first acts as president was an executive order that could kill the nascent offshore wind industry in the United States. Trump’s order, signed Monday, halted federal leases for offshore wind development on the outer continental shelf — a location far enough from shore that wind speeds are consistently higher, but near
Spotify is expanding its streaming service to now include educational courses in addition to music, podcasts, and audiobooks. The company on Tuesday referenced one of its newer features called courses, which allow users to learn about topics in areas like business, tech, lifestyle, music, and more. The feature is initially being piloted in the U.K.,
On Monday, while tech billionaires like Elon Musk and Mark Zuckerberg sat on stage for President Donald Trump’s inauguration, dozens of founders were at parties all across DC, trying to get an audience with the new president’s inner circle. To hear them tell it, it wasn’t all that hard. Valar Atomics founder Isaiah Taylor spent
With data centers expected to consume as much as 12% of electricity in the U.S. by 2028, it’s no surprise that tech companies are looking for power no matter the source, whether it be nuclear, renewables, or something else entirely. But solar produces a very different type of electric current from a nuclear plant, and
The biggest reveal from last week’s Samsung CES press conference may well have been another press conference. The hardware giant closed out the main event by teasing the company’s upcoming show. The next Samsung Unpacked event is set for Wednesday at 10 a.m. PT. As with all recent Unpacked events, next week’s big show will
IMDb, the Amazon-owned online database that provides information on movies, TV shows, and celebrities, announced on Tuesday that its founder, Col Needham, is stepping down as CEO. Nikki Santoro, who has served as the Chief Operating Officer since 2021, has been appointed as his successor. Santoro’s appointment is significant, as she is the first woman
French AI lab, Mistral, is working toward an initial public offering, co-founder and CEO Arthur Mensch said Tuesday in an interview with Bloomberg at the World Economic Forum in Davos. Mistral is “not for sale,” Mensch said, adding that the company plans to open an office in Singapore to focus on the Asia-Pacific region and
Meta says it plans to keep its fact-checking program in place outside the U.S. for the time being, though it could eventually expand it elsewhere. “We’ll see how that goes as we move it out over the years,” Meta’s head of global business Nicola Mendelsohn told Bloomberg in a report from Davos on Monday. “So
French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel
An arena. A hype tunnel, the kind through which NBA players typically streak. A competitor dressed in a jersey patterned with a six-pack abs. In a new piece, The New York Times takes readers to an event that organizers call the Microsoft Excel World Championship, a 40-minute, Las Vegas-based competition featuring 12 contestants — all
Friend, a startup creating a $99, AI-powered necklace designed to be treated as a digital companion, has delayed its first batch of shipments until Q3. Friend had planned to ship devices to pre-order customers in Q1. But according to co-founder and CEO Avi Schiffman, that’s no longer feasible. “As much as I would liked to
At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following the sale of some shares in the business banking platform Moniepoint. The African fintech unicorn has so far proven to be a standout investment for five-year-old Oui Capital. When it launched its
Barely more than 12 hours after TikTok went dark in the United States, the video-sharing app is coming back online. “In agreement with our service providers, TikTok is in the process of restoring service,” the company said in a statement. “We thank President Trump for providing the necessary clarity and assurance to our service providers
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