Tesla is reportedly laying off more than 10% of its global workforce
Tesla is laying off thousands of employees as it tries to simultaneously cut costs and boost productivity, according to an internal email sent to staff by CEO Elon Musk, Electrek and Bloomberg News reported. The electric automaker is cutting “more than 10%” of its global headcount, Musk said in the
Read moreBluesky now allows heads of states to sign up for the social network
Social networking platform Bluesky lifted its ban on sign-ups for heads of state over the weekend. This means various office holders can join the platform. Bluesky’s move comes ahead of major general elections in countries like the U.S. and India scheduled to be held this year. Last year, during Bluesky’s
Read moreOpenAI expands to Japan with Tokyo office and GPT-4 model optimized for the Japanese language
OpenAI is expanding to Japan, announcing today a new Tokyo hub and plans for a GPT-4 model optimized specifically for the Japanese language. The ChatGPT-maker opened its first international office in London last year, followed by its inaugural European Union (EU) office in Dublin a few months later. Tokyo will represent
Read moreShareChat’s valuation drops below $2 billion in new funding
Social media startup ShareChat’s valuation has cratered below $2 billion from nearly $5 billion in a new funding round, a source familiar with the situation told TechCrunch, marking a steep decline for the nine-year-old Indian startup that boasts over 400 million users in the South Asian market. The Bengaluru-based startup,
Read morePula raises $20M Series B to provide agricultural insurance to farmers in Africa, Asia and LatAm
Pula, an insurtech based in Kenya, has since 2015 been keen on enhancing the access to agricultural insurance by small-holder farmers across emerging markets, shielding them against losses from pests, diseases and/or extreme weather events like floods and droughts. So far, the insurtech has supported 15.4 million farmers in Africa,
Read moreTechCrunch Mobility: Cruise robotaxis return and Ford’s BlueCruise comes under scrutiny
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. It was another wild week in the world of transportation, particularly in the EV
Read moreHow Neural Concept’s aerodynamic AI is shaping Formula 1
It’s a long way from pedal bikes to Formula 1. But that’s precisely the quantum leap that AI-based startup Neural Concept and its co-founder and CEO, Pierre Baqué, made in just six years. In 2018, the company’s fledgling software helped develop the world’s most aerodynamic bicycle. Today, four out of
Read moreTechCrunch Fintech: Meet PayJoy, a fintech operating at the intersection of doing good and making money
Welcome to TechCrunch Fintech! This week, we’re looking at how two fintech companies serving the underserved are faring, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:00 a.m. PT, subscribe here. The big story PayJoy is an
Read moreGenerative AI is coming for healthcare, and not everyone’s thrilled
The broad enthusiasm for generative AI is reflected in the investments in GenAI efforts targeting healthcare. But is healthcare-focused generative AI ready for prime time? © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreTesla drops prices, Meta confirms Llama 3 release, and Apple allows emulators in the App Store
Heya, folks, welcome to Week in Review (WiR), TechCrunch’s regular newsletter that recaps the past few days in tech. Google’s annual enterprise-focused dev conference, Google Cloud Next, dominated the headlines — and we had plenty of coverage from the event. But it wasn’t the only thing afoot (see: the spectacular
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