Alphabet to invest another $5B into Waymo
Alphabet will spend an additional $5 billion on its self-driving subsidiary, Waymo, over the next few years, according to Ruth Porat, the company’s chief financial officer. Porat announced the commitment to a new “multi-year investment” Tuesday during Alphabet’s second-quarter earnings call. “This new round of funding, which is consistent with
Read moreHow to prevent your software update from being the next CrowdStrike
There is no fool proof way to prevent a buggy update like CrowdStrike's, but there are best practices that could mitigate the fallout. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreSpotify CEO says company is in ‘early days’ of hi-fi audio plans
Spotify CEO Daniel Ek says the streaming service is still in the “early days” of its plans to bring hi-fi support to the platform. During the company’s earnings call on Tuesday, the executive offered details about an upcoming deluxe tier. Spotify announced back in 2021 that it was going to
Read moreOpenAI-backed legaltech startup Harvey raises $100M
Harvey, a startup building what it describes as an AI-powered “copilot” for lawyers, has raised $100 million in a Series C round led by GV, Google’s corporate venture arm. The tranche, which also had participation from heavy-hitting angels and VCs OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil and SV Angel,
Read moreDigital banking startup Mercury abruptly shuttered service for startups in Ukraine, Nigeria, other countries
Digital banking startup Mercury informed some founders that it is no longer serving customers in certain countries, including Ukraine. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreThe next fintech to go public may not be the one you expected
Welcome to TechCrunch Fintech! This week, we’re looking at Human Interest’s path toward an IPO, fintech’s newest unicorn, a slew of new fundraises, and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The
Read moreThe Waymo-Zeekr robotaxi has come to San Francisco
Waymo has started testing a new robotaxi built by Chinese electric automaker Zeekr on public roads in San Francisco. Waymo has “less than a handful” of the Zeekr vehicles in San Francisco today and isn’t driving them autonomously yet. Still, the fact that Waymo has hit the roads with a
Read moreTechCrunch Minute: Where Kamala Harris stands on tech issues
This weekend, President Biden announced that he would suspend his campaign for president, and he endorsed his vice president, Kamala Harris. We still don’t know if she will ultimately be the candidate that goes toe-to-toe with Donald Trump in November, but we do know that Silicon Valley has opinions. Like
Read moreCyabra, a startup helping companies and governments detect disinformation, plans to go public via SPAC
The transaction values Cyabra at $70 million, and the company expects the merger to close by the end of the year. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreThe 78 minutes that took down millions of Windows machines
Photo by Harun Ozalp / Anadolu via Getty Images On Friday morning, shortly after midnight in New York, disaster started to unfold around the world. In Australia, shoppers were met with Blue Screen of Death (BSOD) messages at self-checkout aisles. In the UK, Sky News had to suspend its broadcast
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