GetYourGuide books $194M at a $2B valuation with travel experiences back in business
The tourist industry is bouncing back after a rough couple of pandemic-stressed years, and in the case of some tourism and travel startups, its momentum is coming in at a pace that’s defying the even the current market climate. Today, GetYourGuide — a Berlin-based startup that has built a marketplace
Read moreCalifornia lawmakers and AV industry battle for future of self-driving trucks
A California bill that would require a trained human safety operator to be present any time a heavy-duty autonomous vehicle operates on public roads in the state is getting traction. The bill, first introduced in January, passed the state’s Assembly Wednesday and will now face a committee review and vote
Read moreIndian SaaS startup Capillary Technologies grabs $45M to expand globally
Capillary Technologies, an Indian SaaS startup that offers solutions for loyalty management and customer engagement, has raised $45 million in a funding round, as it plans to expand into global markets and widen its reach through mergers and acquisitions. The funding arrives at a crucial time amidst the prevailing market
Read moreLightmatter’s photonic AI hardware is ready to shine with $154M in new funding
Photonic computing startup Lightmatter is taking its big shot at the rapidly growing AI computation market with a hardware-software combo it claims will help the industry level up — and save a lot of electricity to boot. Lightmatter’s chips basically use optical flow to solve computational processes like matrix vector
Read moreAmazon settles with FTC for $25M after ‘flouting’ kids’ privacy and deletion requests
Amazon will pay the FTC a $25 million penalty as well as “overhaul its deletion practices and implement stringent privacy safeguards” to avoid charges of violating the Children’s Online Privacy Protection Act to spruce up its AI. Amazon’s voice interface Alexa has been in use in homes across the globe
Read moreToyota adds $2.1B to its US battery factory expansion plans
Toyota will spend an additional $2.1 billion to build a new battery plant in North Carolina, the latest sign that the automaker is attempting to catch up with an industry that has embraced the move to electric vehicles. The Japanese automaker also announced Wednesday it will build its first U.S.-made
Read morePopular Reddit app Apollo may go out of business over Reddit’s new, unaffordable API pricing
The maker of Apollo, one of the most popular third-party mobile apps for browsing Reddit, may have to close up shop due to Reddit’s recently announced new API pricing terms. App developer Christian Selig shared today that Reddit’s API pricing appears to be bad news for the future of third-party
Read moreAtlanta Mayor Andre Dickens to speak at TechCrunch Live’s Atlanta event
TechCrunch Live is excited to announce a fireside chat with Atlanta Mayor Andre Dickens to kick off our virtual TechCrunch Live: Atlanta event on June 7. He will sit down with me, Dominic-Madori Davis, at 2:00 p.m. EDT to discuss the burgeoning Atlanta tech scene, touching on everything from creating
Read moreSix tips for getting the most out of your SIEM investment
Eric Thomas Contributor Share on Twitter Eric Thomas is vice president of security GTM at Logz.io, an open-source observability platform for DevOps teams. Security information and event management (SIEM) is one of the most well-established categories of security software, having first been introduced about 20 years ago. Nevertheless, very little
Read moreAmazon’s Ring to pay $5.8M after staff and contractors caught snooping on customer videos, FTC says
Ring, the Amazon-owned maker of video surveillance devices, will pay $5.8 million over claims brought by the Federal Trade Commission that Ring employees and contractors had broad and unrestricted access to customers’ videos for years. The settlement was filed in the U.S. District Court for the District of Columbia on
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