Tesla earnings week spotlights EV price cuts, ‘balls to the wall’ autonomy push
Tesla investors, still digesting a 43% drop in share price since the beginning of the year, are gearing up for what will likely be unimpressive financial results for the first quarter and a shift in priorities for CEO Elon Musk, who is making more moves to go “balls to the wall for
Read moreX is launching a TV app for videos ‘soon’
X, the company formerly known as Twitter, is launching a dedicated TV app for videos uploaded to the social network soon. X CEO Linda Yaccarino announced on Tuesday that the new app will bring “real-time, engaging content to your smart TVs.” The app’s interface looks quite similar to YouTube’s, as
Read moreTechCrunch Minute: How Headspin’s founder fraudster almost get away with lying to investors
News that the former founder of HeadSpin is headed to prison for fraud was further evidence that the last boom in the paired worlds of startup and venture capital led to more than just a little bit of fraud. Manish Lachwani, founder in question, is getting prison time and a
Read moreBringing down sky scrapers sky high carbon footprint With Joselyn Lai from Bedrock
Jocelyn Lai appeared on TechCrunch’s Found to discuss her company and its hopes of driving down the cost of a proven technology to address the climate crisis. © 2024 TechCrunch. All rights reserved. For personal use only.
Read morePerplexity is raising $250M+ at a $2.5-$3B valuation for its AI search platform, sources say
Perplexity, the AI search engine startup, is a hot property at the moment. TechCrunch has learned that the company is currently raising at least $250 million more at a valuation of between $2.5 billion and $3 billion. The news comes on the heels of two other big fundraises that have
Read moreFisker plans more layoffs as cash dwindles and bankruptcy looms
Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to seek bankruptcy protection within the next 30 days if it can’t come up with that money, according to a U.S.
Read moreApple’s next iPad event is May 7
Apple just dropped an invite for its next event. Scheduled for May 7, the “Let Loose” presentation appears to be happening exclusively online — something that became standard fare for the company during the pandemic. Over the last couple of years, however, Apple has returned to in-person events, including WWDC,
Read moreTexture makes a bid to become the world’s go-to platform of the energy transition
The startup, founded by an Arcadia alumnus, seeks to become a common data collection and sharing platform for renewable power sources like wind, solar, and batteries. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreWith Easel, ex-Snap researchers are building the next-generation Bitmoji thanks to AI
Easel is a new startup that sits at the intersection of the generative AI and social trends, founded by two former employees at Snap. The company has been working on an app that lets you create images of yourself and your friends doing cool things directly from your favorite iMessage
Read moreElon Musk is fighting Australia to host a stabbing video on X
Illustration by Kristen Radtke / The Verge; Image: Getty Images Elon Musk is currently embroiled in a battle with Australian authorities over demands for X to remove violent content of a stabbing that took place during a livestreamed service at a church in Sydney last week. Musk is arguing that
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