Apple has dramatically scaled back Vision Pro production, according to a new report from The Information. The news comes days after CEO Tim Cook admitted in an interview that the $3,500 mixed reality headset is for early adopters and “not a mass-market product.” The production slowdown is believed to be a response to disappointing sales,
Lumen Orbit has closed an oversubscribed, eight-figure seed round of more than $10 million, a source familiar with the details told TechCrunch. That would make it one of the hottest deals, if not the hottest deal, of the most recent Y Combinator batch. The Redmond, Washington-based startup is pursuing a moonshot idea to build a
Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $200 million of its shares of common stock, per a regulatory filing. Joby said it will use the proceeds from the raise — together with its existing cash — to fund its certification and manufacturing efforts, prepare
I love a clever gadget almost as much as I love saving space in my carry on. Native Union’s new Voyage charger handily ticks both boxes. It’s an unassuming puck-shaped product that’s easily stashed in a pocket or bag when folded shut. Image Credits:Brian Heater Open it up, and you get a pair of Qi2
Each year, supply chain disruptions cost the global economy trillions of dollars. In a recent McKinsey poll, nine in ten businesses said they had encountered logistics challenges over the past 12 months. Headwinds have only grown stronger as chaos reigns in key shipping corridors. Attacks on freighters continue in the Red Sea. Flooding is disrupting
The co-founders who sold their last startup to Spotify are working on a new project: an AI-powered educational startup called Oboe backed by a $4 million seed investment. The new company, hailing from Nir Zicherman and Michael Mignano, aims to democratize access to learning the way that their prior startup, Anchor, made it possible for
Amazon made a big splash in e-reader land last week with the release of its first-ever color Kindle. When it comes to devoted e-readers here in the States, Amazon is very nearly the only game in town. Plenty have tried to knock the Kindle off its perch, but the brand maintains around 80% of the
May.29 — Colin Angle, chairman, chief executive officer and co-founder of iRobot Inc., discusses the release of two new cleaning robots, the Roomba S9+ vacuum and the Braava Jet M6 mop. He speaks with Bloomberg’s Emily Chang on “Bloomberg Technology.”
With TechCrunch Disrupt 2024 just days away, we’re gearing up for an incredible three-day event packed with interactive sessions! From October 28-30 at Moscone West in San Francisco, dive into Q&A conversations with a panel of industry experts around the most pressing issues and cutting-edge tech trends to help empower your growth. Don’t miss your
Upflow, a French startup we’ve been covering for quite a while, originally focused on managing outstanding invoices. The company is now announcing a shift in its strategy to become a B2B payment platform with its own payment gateway to complement its accounts receivable automation solution. Like many software-as-a-service products, Upflow started by building a central
Devialet, the French company at the intersection of audio engineering and luxury, is known for its egg-shaped Phantom speakers, but the company’s first product was in fact an audio amplifier that you could connect to stand-alone speakers. After releasing soundbars, portable speakers, wireless earbuds, the venture-backed company is now going back to its roots with
Last week, police surveillance startup Flock Safety announced that it had bought drone startup Aerodome. The acquisition price was over $300 million, according to sources in the venture world. The number has not been previously reported. Both Flock Safety and Aerodome are backed by Andreessen Horowitz and have raised over $680 million and $28 million,
Humane on Wednesday announced a $200 price cut to its flagship product, the Ai Pin. The Bay Area startup, founded by two former Apple executives, has reportedly struggled to sell the product, which launched in April for $700. In a message sent to its email list, Humane highlights its return policy in the new pitch.
In 2023, Boox turned heads with the Palma. The device blurred the line between e-readers and smartphones, by combining e-paper with Android. The initial pitch was something along the lines of a phone-sized Kindle that’s small enough to slip into a pocket. The product would be enticing for many if that were the only thing
Matt Peters has spent more than a decade working for cybersecurity vendors. He was a team lead at Check Point, climbed the corporate ladder to VP of worldwide operations at FireEye, and spent over four years at Expel, a managed detection and response firm, as chief product officer. Peters says a surprising common thread ran
Granola’s notepad app has become a popular tool among venture capitalists who use it to record meetings and augment notes using AI technology. That made it easier for the startup to raise funds from a crowd of investors for its $20 million Series A — something the team managed to do in about a week.
Khosla Ventures Founder Vinod Khosla joins Caroline Hyde and Ed Ludlow to discuss the latest tech layoff news with Amazon planning to cut about 10,000 jobs. Plus, his views on the state of tech climate funding, US-China tensions, and what tech trends to watch. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg
The fundraising landscape is shifting fast, and in 2025, the old rules no longer apply. Startups navigating flat, down, or extension rounds must be more strategic than ever in securing their next round of capital. Traditional metrics like $100 million in revenue for an IPO or $1 million ARR for a Series A are becoming
The clock is ticking down! Just 6 days to go until TechCrunch Disrupt 2024! Join 10,000 industry leaders from around the world at Moscone West in San Francisco from October 28-30 to witness groundbreaking discussions with top-tier industry experts, elite networking, an exciting showcase of the newest tech innovations, and so much more. Time is
Federal regulators have cleared the path for electric vertical takeoff and landing aircraft to share U.S. airspace with planes and helicopters — a win for the burgeoning industry and a timely decision for startups like Joby Aviation and Archer Aviation that are expected to launch air taxi networks commercially in 2025. The Federal Aviation Administration
Ro co-founder and CEO Zachariah Reitano said while he’d “never say never” about potentially taking the seven-year-old telehealth company public, he thinks the benefits of being a private company are growing. Reitano dodged multiple questions from Axios reporter Dan Primack about whether or not the company has plans to IPO in the near term —
Cement startup Furno will receive a $20 million grant from the Department of Energy, funds that will help the company build up to eight micro-kilns at a concrete plant in Chicago. Chicago might not seem like the sort of place where cement is hard to come by. But with the nearest kiln 100 miles away,
Almost exactly two years after releasing the Orba 2, Artiphon is completing the trilogy. The newly announced Orba 3 finds the Nashville-based startup baking live sampling into its clever handheld instrument. The feature arrives by way of a built-in microphone, which lets users record their voice, instruments, and other sounds. All of that can be
Paccurate co-founder and CEO James Malley likes to joke that once you get into supply chain tech, the category doesn’t let you back out. Ten years ago, Malley and Patrick Powers were working together as consultants when they started getting asked the same question over and over. Their clients were asking for help reducing the
Bose gave up on Sleepbuds after two generations. It was a sad, premature end for a promising product. The headphone maker came closer to creating a truly great pair of sleep headphones than anyone else. Ultimately, however, it seems the company was no longer interested in pursuing the product, which proved a major setback for
As petrochemical plants and other emitters look to reduce emissions, they’re finding that sopping up and storing all the carbon dioxide they produce doesn’t come cheap. First they have to capture it, an energy-intensive process that requires specialized equipment. Then they have to transport it and stash it away, which can be tricky depending on
It was a lean few years for the iPad. The tablet fell out of favor with Apple, as the company turned its focus to other categories like mobile, content, wearables, and mixed reality. The same could have been said about the Mac a few years prior, but the laptop/desktop has had a renaissance in Cupertino,
With the current unemployment crisis in Hollywood, many TV and film crew members are concerned about finding their next job. This is particularly the case for freelancers, who often face unstable work and irregular pay. Shobizzy is the latest professional networking app for the entertainment industry that aims to address this challenge. And, as more
Mar.15 — Loup Ventures co-founder Gene Munster discusses the unveiling of Tesla Inc.’s Model Y crossover, Apple Inc. firing back at Spotify’s antitrust complaint and Qualcomm winning the first U.S. jury trial in its global dispute with Apple. He speaks with Bloomberg’s Emily Chang on “Bloomberg Technology.”
With TechCrunch Disrupt 2024 less than a week away, we’re thrilled to announce the complete list of companies behind the Side Events, set to amplify the excitement for thousands of attendees and Silicon Valley residents. From casual happy hours to insightful discussions and energizing morning runs, Disrupt Week — spanning October 26 to November 1
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