One of Bolt’s proposed new backers, The London Fund, has been scrubbing its web page
One-click checkout tech company Bolt is still waiting to find out if shareholders will sign off on a proposed funding round with stipulations that founder Ryan Breslow would return as CEO. In the meantime, Axios’ Dan Primack did some digging around on The London Fund, a firm that is supposed to provide up to
Read moreOpenAI reportedly in talks to close a new funding round at $100B+ valuation
Whatever size the tranche ends up being it'll be OpenAI's biggest outside infusion of capital since January 2023. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreReddit back online after a software update took it down
Reddit’s mobile and web applications went down on Wednesday afternoon, with more than 150,000 users reporting outages on Downdetector as of 1:30 p.m. in San Francisco. When trying to access Reddit’s homepage, users were met with the message, “Server error. Try again later.” The company itself reported a “degraded status”
Read moreOpenAI’s Converge 2 program has been shrouded in mystery
For months, a tech forum ran wild asking if the Converge 2 accelerator program actually happened. We finally found out. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreComparing Docker and Podman: A Guide to Container Management Tools
Docker vs. Podman: Understand key differences in container management, security enhancements, and Kubernetes integration to choose the best tool for your project. Continue reading Comparing Docker and Podman: A Guide to Container Management Tools on SitePoint.
Read moreBluesky adds ‘anti-toxicity’ tools and aims to integrate ‘a Community Notes-like’ feature in the future
Bluesky on Wednesday introduced the ability to hide replies, as well as a way to detach your original post from someone's quote post. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreFluid Truck’s board ousted its sibling co-founders amid allegations of mismanaging funds
Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry, has ousted its sibling co-founders — CEO James Eberhard and chief legal counsel Jenifer Snyder — according to sources familiar with the matter. The shakeup, which employees have described as a hostile takeover, was led by
Read moreThreads deepens its ties to the open social web, aka the ‘fediverse’
Meta announced Wednesday that users on Threads will be able to see fediverse replies on other posts besides their own. © 2024 TechCrunch. All rights reserved. For personal use only.
Read morePolestar is getting a new CEO amid EV sales slump
Just weeks ago, during an interview with TechCrunch, Thomas Ingenlath laid out his plan to turn Polestar into a self-sustaining company. Now, he’s out. Polestar said Tuesday Ingenlath has resigned as CEO, a position he has held since the EV startup spun out of Volvo in 2017. He will be replaced
Read moreThe rise and fall of OpenSea
The rise and fall of NFTs made and unmade OpenSea — the largest marketplace for the crypto asset. But insider accounts of the company reveal a chaotic work environment, ever-shifting priorities, and troubles with the SEC. {props.credit}
Read more