The EV tax credit is about to get better, and also harder to find
The federal tax credit for electric vehicles is about to change in one particular way that will make it far more attractive to buyers. Starting January 1, the rebate — up to $7,500 for qualifying new EVs and up to $4,000 for qualifying used EVs — will be available when
Read morePornhub owner pays US government $1.8M to resolve sex trafficking probe
Pornhub’s parent company Aylo Holdings will pay $1.8 million to the U.S. government to resolve a charge of profiting off of sex trafficking. The company, formerly known as MindGeek, will enter a deferred prosecution agreement, which means that a monitor will be appointed to oversee Aylo and its compliance efforts
Read moreEU’s provisional deal on gig worker rights fails to get enough backing from Member States
Not so fast on that Christmas present for precarious gig workers in the EU: A political deal announced mid month, which aims to bolster platform workers rights across the European Union by establishing a legal presumption of employment, does not have the necessary qualified majority backing among Member States, it
Read moreArduino exploring India manufacturing to limit counterfeit sales
Arduino is considering manufacturing in India. The startup, best known for its open-source microcontroller boards, hopes to restrict the rise of counterfeit boards and cater to the growing demand from India’s youth population. The Italian firm is currently exploring partnerships with electronic manufacturing service (EMS) companies in the South Asian
Read moreInsomniac finally responds to hack that leaked ‘Wolverine’ game and more
Image: Insomniac Games Insomniac Games has released a statement few days after a ransomware attack exposed millions of files including sensitive employee information, confidential business information, and assets for in-development games. “We’re both saddened and angered about the recent criminal cyberattack on our studio and the emotional toll it’s taken
Read moreIt’s critical to regulate AI within the multi-trillion-dollar API economy
Various kinds of AI have been here for a while, but it’s generative AI (and LLMs) that completely changed the risk landscape. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreFintech’s biggest hits and misses of 2023
As 2023 comes to a close, we’re here to look back at the biggest fintech stories of the year. Silicon Valley Bank’s implosion felt like a fintech story in that a number of startups (Brex, Arc and Mercury, for example) in the space leapt to fill the hole left by
Read morePitch Deck Teardown: HomeCooks’ $3.2M seed deck
Positioning itself as the "Etsy of food," HomeCooks has raised $3.2 million in seed funding. What did it do right in its crowdfunding campaign slides? © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreAkron Energy raises $110M to grow U.S. bitcoin mining capacity, launch AI cloud service in Norway
About $80 million will be used to build new data centers in Ohio, North Carolina and Texas as part of a plan to increase the company’s total megawatts by 130% by mid-2024. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreGoogle makes bid to resolve competition concerns in Germany over its automotive services bundling
Following competition objections raised on Google in Germany this summer over bundling of services including Google Maps via its Android-based in-car infotainment system software, known as Google Automotive Services (GAS), the tech giant has made an offer of some service unbundling and the removal of contractual restrictions it applies to
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