Why VCs are investing in startups that help other startups shut down
In one of the VC world’s greatest ironies, investors have lately been clamoring to back startups that are helping other startups shut down. So whether a VC-backed startup is succeeding or shuttering, investors themselves are finding ways to make returns for their limited partners while also helping founders move on
Read moreIntuitive Machines faces early end to moon mission after lander tips over
Intuitive Machines’ first moon mission will come to a premature end due to the spacecraft landing on its side, which altered how the solar panels are positioned in relation to the sun, the company said in an update Tuesday morning. Flight controllers were still working to determine the battery’s remaining
Read moreNewsmast brings curated ‘communities’ to the open source Twitter/X alternative Mastodon
An organization called Newsmast is introducing a new approach to decentralized social media with the launch of an updated version of its Mastodon mobile app that now integrates content from two servers into one interface — a different approach compared with how Mastodon, the open source Twitter/X alternative, typically works.
Read moreMicrosoft strikes deal with Mistral AI; EU lawmakers demand investigation
A Microsoft spokesperson confirmed to CNBC this morning that its multi-year partnership with Mistral AI includes an investment of US$16 million, which would convert into equity in the company’s next funding round. European Union regulators are now looking to examine the deal between the two companies. “The Commission is looking
Read moreMWC 2024: Everything announced so far, including HTC’s VR headset, ‘rollable’ Motorola concept phone
The TechCrunch team is in Barcelona this week to bring you all the action going on at Mobile World Congress 2024. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreHow to convince your CEO it’s worth paying down tech debt
On this episode: Matt Van Itallie, Founder and CEO at Sema, a company that assesses code to improve outcomes for users, companies, and developers. Plus, friend of the show and erstwhile cohost Cassidy Williams joins the conversation.
Read moreHTC Vive became an enterprise product while you weren’t looking
A lot has changed at HTC in the decade since a small team broke off to form its mixed reality division. In fact, it’s a fundamentally different business in several meaningful ways. For one thing, you can’t call HTC a phone company any longer. Contrary to popular perception, the Taiwanese
Read moreApple cancels its autonomous electric car project and is laying off some workers
Apple is scuttling its secretive, long-running project to build an autonomous electric car, according to Bloomberg. The company has already started laying off some people who worked on the project, TechCrunch has learned. The scope of the layoffs could not immediately be determined. Many of the nearly 2,000 employees who
Read moreTikTok loses even more songs over its dispute with Universal Music Group
TikTok is losing even more songs over its quarrel with Universal Music Group (UMG), as the social media network is starting to remove songs published by UMG, the company confirmed to TechCrunch on Tuesday. The row between the two companies began last month when UMG announced that it failed to
Read moreMWC: Ethiopian fintech eQub digitizes peer-to-peer credit
Ethiopian startup eQub won the fintech pitching battle at 4YFN 2024, the startup event of Mobile World Congress. © 2024 TechCrunch. All rights reserved. For personal use only.
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