Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we approach the halfway point of the year. 2024 delivered four venture-backed tech IPOs, Reddit, Astera Labs, Ibotta and Rubrik, in March and April, which made it seem like this year could spur the momentum investors had hoped
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Leanne Sherred, a pediatric speech therapist, has long encountered challenges putting caregiver-led therapy into practice in traditional care settings. Research suggests that caregiver-led speech therapy, which involves training the caregivers of patients in skill-building therapeutic techniques to use at home, can be highly effective. But as Sherred observed in the course of her practice, therapists
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Spotify’s addition of its AI DJ feature, which introduces personalized song selections to users, was the company’s first step into an AI future. Now, Spotify is developing an alternative version of that DJ that will speak Spanish. References to the new AI DJ were spotted in the app’s code by tech veteran and reverse engineer
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Redwood Materials, the battery recycling startup founded by former Tesla co-founder JB Straubel, will be recycling production scrap for batteries going into General Motors electric vehicles.  The company announced Thursday that it’s working with Ultium Cells, the joint battery manufacturing venture between GM and LG Energy Solution, to recycle cathode, anode and cell scrap from
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The United States Department of Justice and 30 state attorneys general filed a lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, for alleged monopolistic practices. Live Nation and Ticketmaster merged in 2010, creating a dominant entertainment machine that controls the majority of ticket sales and venue bookings in the country. But Taylor Swift
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The best known mycoprotein is probably Quorn, a meat substitute that’s fast approaching its 40th birthday. But Finnish biotech startup Enifer is cooking up something even older: Its proprietary single-cell fungus-based protein, branded Pekilo, was originally developed in the 1960s and ’70s — by, of all things, the local paper industry. The focus back then
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The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized
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Techstars CEO Maëlle Gavet announced on LinkedIn that she is leaving the company at the end of the month for health reasons. Starting today, Techstars co-founder and board chairman David Cohen will become CEO.  Gavet became CEO in 2021 and wrote on LinkedIn that she “would not exchange the last 3.5 years of hard work
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Some startups choose to bootstrap from the beginning while others find themselves forced into self funding by a lack of investor interest or a business model that doesn’t fit traditional VC. FarmboxRx decided to bootstrap because founder Ashley Tyrner didn’t like the advice she was getting from potential backers. Tyrner told TechCrunch’s Found podcast that
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Autodesk — the 3D tools behemoth — has acquired Wonder Dynamics, a startup that lets creators quickly and easily make complex characters and visual effects using AI-powered image analysis. The two companies have worked closely together for years but are making it official today. Wonder Dynamics, founded by VFX artist Nikola Todorovic and actor Tye
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It’s not often that you hear about a seed round above $10 million. H, a startup based in Paris and previously known as Holistic AI, has announced a $220 million seed round just a few months after the company’s inception. The reason why this company managed to raise so much money so quickly is that
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Sonos recently teased that it was set to announce its “most requested product ever.” If you guessed headphones, congratulations. The firm maintains a devoted fanbase, and many people were no doubt eager to see what it would look like were it to apply its expertise to the category. The answer arrives in the form of
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