Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims
Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost EV meant for the masses, and the Alaska, Fisker’s entry into the red-hot pickup truck market. In the weeks that
Read moreInstagram now lets you post a secret Story that viewers can uncover with a DM
Instagram is adding a handful of new features for Stories to give users more creative ways to share content and engage with each other, the company announced on Friday. Most notably, the social network is introducing a new “Reveal” feature that lets you post a hidden Story for your followers
Read moreSprinklr lays off more than 100 employees
The new job cuts come over a year after the company cut about 4% of its headcount in February last year. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreDespite recent successes, IPO market still won’t fully open until 2025
Experts say macroeconomic factors including the upcoming election and the current state of the economy will deter too many IPOs this year. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreTechCrunch Minute: Spotify’s move to paywall lyrics is putting pressure on free users
Spotify’s slow movement to put lyrics behind its paid service wall in its music service are about as popular as you would expect. Precise details of the update are evolving but what we can say at this point is that it seems that Spotify has a new feature up its
Read moreUnitedHealth data breach should be a wakeup call for the UK and NHS
The ransomware attack that has engulfed U.S. health insurance giant UnitedHealth Group and its tech subsidiary Change Healthcare is a data privacy nightmare for millions of U.S. patients, with CEO Andrew Witty confirming this week that it may impact as much as one-third of the country. But it should also
Read moreNASA is expanding its Wallops Island facility to support three times as many launches
NASA is kicking off a formal environmental assessment of its facilities on Wallops Island, Virginia, to increase the number of authorized rocket launches at the site by almost 200%, according to slides and recordings of an April 29 internal meeting viewed by TechCrunch. The proposed changes could help ease congestion
Read moreWhen a startup is better off saying no to revenue
It's hard for early-stage founders to say no to revenue from a large customer, whose needs might not align with the broader customer base. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreHow Y Combinator’s founder-matching service helped medical records AI startup Hona land $3M
Y Combinator's founder matching tool has quietly become one of most powerful offerings. That's how medical records AI startup Hona was founded. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreThe Vanguard of FinTech: Emerging Payments Shaping the Future
The financial technology (FinTech) sector is experiencing a seismic shift, thanks to a wave of innovative payment technologies that are redefining the essence of transactions. These advancements are not just revolutionizing how we think about money but also facilitating a more inclusive and efficient global financial system. Here’s an in-depth
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