How crowdfunding actually works in 2024, and whether you should use it to raise money
Crowdfunding is to financing what Uber is to taxis or what Airbnb is to hotels: Using the wisdom and resources of the crowd to raise money. Usually, crowdfunding brings many smaller investors or donors together to fund a business, startup or personal initiative. The concept is based on the collective
Read moreEx-Tesla exec leading Ford skunkworks project to develop low-cost EV
Ex-Tesla and Ford Advanced EV development boss Alan Clarke is leading a Ford skunkworks project to develop a low-cost electric vehicle, TechCrunch has learned. Ford CEO Jim Farley made a brief reference Tuesday during the company’s fourth-quarter earnings call that a “skunkworks” team had been created to create a “low-cost”
Read moreMozilla steps up the move to protect privacy: Hashtag Trending, Wednesday, February 7th, 2024
Mozilla is now stepping into the privacy protection game, Meta is insisting that AI images be labelled on Facebook and other platforms, IBM introduces a Linux mainframe and a new cancer treatment that is “out of this world.” Literally. All this and more on the “you do know those pictures
Read moreImmersive gaming and fitness apps are the key to Vision Pro’s consumer appeal
The foundational vocabulary of any new medium is inherited from that of its predecessor. Take, for instance, the early days of television, when so many shows were effectively radio programs caught on film. The new medium’s success is dependent on the development of its own vocabulary, distinguishing itself from earlier
Read moreCake sought deals with Harley-Davidson, automakers before bankruptcy
Electric motorcycle company Cake held talks with Harley-Davidson and other automakers in 2023 as it fought to stay alive, founder and CEO Stefan Ytterborn told TechCrunch in an interview Tuesday. The talks, which have not been previously reported, ultimately did not pan out for the Swedish startup, which slid into
Read moreConfirmed: Entrust is buying AI-based ID verification startup Onfido, sources say for more than $400M
Onfido, an early mover in the world of identity verification using computer vision and other AI tools, is getting acquired, TechCrunch has learned and confirmed. Entrust — the privately-held company that provides a range of certification and verification services around payment cards, passwords, network and website access, device access and
Read moreFollowing this week’s layoffs, Snap’s stock tanks 30% on Q4 earnings
Snap is not having a good quarter. Following this week’s news that the company was laying off 10% of its workforce, amounting to hundreds of employees, the company’s stock is now crashing after reporting a fourth-quarter earnings miss. The Snapchat maker’s stock dropped by over 30% in after-hours trading as
Read moreAdam Neumann is trying to buy back WeWork
Adam Neumann, who co-founded flexible workspace provider WeWork in 2010 and notoriously stepped down nine years later, is attempting to buy the company out of bankruptcy, according to multiple reports. In a letter published by The New York Times today, lawyers for Adam Neumann, his latest startup Flow Global Holdings
Read moreWho is YOUR candidate for Canadian CIO of the Year?
Nominations are now open for the Canadian CIO of the Year Awards It’s that time again. IT World Canada (ITWC) and the CIO Association of Canada are once again looking to recognize Canada’s technology leadership in their annual CIO of the Year awards. These awards look to recognize the
Read moreThese VCs think the Vision Pro has a shot in the enterprise
The Vision Pro, Apple’s first mixed-reality headset, is undeniably impressive from a technical perspective. It reflects a carefully considered, thoughtful (albeit pricey) approach to AR/VR, while its operating system — visionOS — delivers genuine innovations in the areas of input and interactions. But apps make or break hardware, regardless of
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