Google just made a $250M deal with California to support journalism — here’s what it means
This week, Google joined a $250 million deal with the state of California to support California newsrooms. While the deal offers a much-needed cash infusion for an industry that’s seen crippling layoffs this year, the deal’s been criticized by some as a half-measure — and a cop-out. By agreeing to
Read MoreX shareholders as of June 2023 included funds tied to Bill Ackman, Binance, and Sean ‘Diddy’ Combs
A court order recently forced Elon Musk’s X to reveal its full list of shareholders, as of June 2023, to the public. Many of the recognizable tech industry names had already been reported as backers of Musk’s effort to buy the social media company then known as Twitter and take
Read MoreVCs are so eager for AI startups, they’re buying into each others’ SPVs at high prices
VCs are increasingly buying shares of late-stage startups on the secondary market as they try to get pieces of the hottest ones — especially AI companies. But they are also increasingly doing so through financial instruments called special purpose vehicles (SVPs). Some of those SPVs are becoming such hot commodities
Read MoreIncreasing speed due to friction
Orbital mechanics is fascinating. I’ve learned a bit about it for fun, not for profit. I seriously doubt Elon Musk will ever call asking me to design an orbit for him. [1] One of the things that makes orbital mechanics interesting is that it can be counter-intuitive. For example, atmospheric
Read MoreThe top AI deals in Europe this year
Cumulatively, there have been more than 1,700 funding rounds for AI startups in Europe so far in 2024. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MorePtolemy’s theorem
Draw a quadrilateral by pick four arbitrary points on a circle and connecting them cyclically. Now multiply the lengths of the pairs of opposite sides. In the diagram below this means multiplying the lengths of the two horizontal-ish blue sides and the two vertical-ish orange sides. Ptolemy’s theorem says that
Read MoreThe founder building a wealth-management product her grandmother would have loved
Mical Jeanlys-White built WealthMore out of frustration. She spent years on Wall Street, building products at American Express and serving as a managing director at JPMorgan Chase. She realized the finance industry still had a long way to go when it came to helping consumers build and understand wealth. “Seventy
Read MoreThese 74 robotics companies are hiring
From the looks of things, companies in the category — including Agility Robotics and Formlogic — can’t hire quickly enough. © 2024 TechCrunch. All rights reserved. For personal use only.
Read MoreTechCrunch Minute: Tech billionaires want to build a utopian city in California
A crew of tech billionaires have been trying to get the California Forever project off the ground, which would create a new, supposedly utopian city on land north of the Bay Area. That project is on hold until 2026, when it’s likely to appear on local ballots, but TechCrunch learned
Read MoreThreads confirms it is experimenting with ephemeral posts
Disappearing posts on social networks are handy if you have a habit of deleting them through third-party tools or the context of those posts is short-lived. Earlier this month, Threads said it is testing ephemeral posts only as an internal prototype. But now, the company told TechCrunch that it is
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