Hashtag Trending Feb.1-Software issues hit automakers; Poor performance linked to RTO mandates?; Microsoft continues to push Edge over Chrome
Software problems are hitting automakers hard, Tesla’s shares take a hit as Elon Musk’s compensation is reversed by a judge in a shareholder lawsuit, a study concludes that poor performance is more likely for companies that are forcing return to office and does your Chrome browser look different? It might
Read morePlanet A Foods whips up more capital to take its cocoa-free chocolate global
Planet A Foods uses fermentation technology to turn all-natural, locally-sourced ingredients, for example, oats and sunflower seeds, into its cocoa-free chocolate brand, ChoViva. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreThree San Francisco supervisors receive threats following YC President Garry Tan’s tweet
Aaron Peskin says Garry Tan’s now deleted X post did “harm to democratic discourse." © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreIndia weighs additional penalties on Paytm, including revoking payments bank license
The Reserve Bank of India is discussing more penalties on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter told TechCrunch, as troubles mount for the Indian financial services firm that serves more than 330 million customers. The central bank has internally discussed
Read moreReliance-backed Viacom18 agrees to buy 60% of Disney’s India unit, report says
Reliance-backed Viacom18 has reached an agreement to buy 60% of Disney’s India unit, WSJ reported Thursday citing unnamed sources, creating a pathway for the Indian conglomerate to form a $10 billion media giant in the South Asian market. The deal, which WSJ says will close this month, values Disney’s India
Read morePaytm to terminate business with Paytm Payments Bank after central bank’s clampdown
Paytm said Thursday that it will cease working with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from conducting nearly all of its business activities due to supervisory concerns. The Noida-based financial services firm said it expects
Read moreTesla sued for allegedly mishandling hazardous waste in California for years
Tesla has been sued by 25 California counties alleging the automaker has repeatedly mishandled hazardous waste at facilities throughout the state. The lawsuit was filed after months of settlement talks apparently fell apart. The complaint, filed in San Joaquin County Superior Court, states that Tesla improperly labeled and disposed of
Read moreMedia startup The Messenger disintegrates, leaving staff nothing
They say don’t shoot the messenger, but what if The Messenger shoots itself? Media startup The Messenger burst on the scene last May with $50 million in hand, aggressively hiring journalists to build an “unbiased” digital newsroom. Instead, its staff found out through a New York Times article today that
Read moreAutonomous vehicle company Motional is about to lose a key backer
Autonomous vehicle company Motional is losing capital support from one of its primary backers as it aims to commercialize a robotaxi service in 2024. Automotive supplier Aptiv — the other half of a $4 billion joint venture with Hyundai that created Motional — said Wednesday it will no longer allocate
Read moreApple Vision Pro: Day One
It’s Friday, February 2, 2024. Today is the day. You’ve been eyeing the Vision Pro since Tim Cook stepped onstage with the product at last year’s WWDC. Longer than that, really, if you factor in the years of rumors, leaks and renderings. The price wasn’t anywhere near what you had hoped,
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