India’s Flipkart readies quick-commerce play
The Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with the convenience of receiving their orders instantly after making their purchases, a source familiar with the matter told TechCrunch. The firm, majorly owned by Walmart, plans to make the instant-delivery service available in
Read MoreFlush with cash, French fintech unicorn Qonto acquires Regate
While many entrepreneurs are currently facing the harsh reality of a VC funding crunch, Qonto isn’t one of them. The Paris-based business banking startup still has hundreds of millions of cash on hand. And it is using an undisclosed portion of its cash reserve to acquire Regate, an accounting and
Read MoreOpenAI hits back at Elon Musk: Hashtag Trending for March 7, 2024
OpenAI hits back at Elon Musk, 90 percent of statistics published on the Internet aren’t true, 30,000 Fidelity customers in the US have their data stolen and those hospital alarms sounds may not save lives – and they are responsible for a lot of deaths. All this and more on
Read MoreIT World Canada fights for survival
Facing an unprecedented crisis, IT World Canada, a beacon of technology journalism, is on the brink of closure. This poses a critical question: Without IT World Canada, who will narrate Canada’s tech story? After decades of serving the Canadian tech industry, IT World Canada needs help to survive. As of
Read MoreSaildrone’s first aluminum Surveyor autonomous vessel splashes down for Navy testing
Ocean intelligence company Saildrone has just put the first of a new generation of Surveyor autonomous vessels in the water: an aluminum version that the Navy is keen to take advantage of. But don’t worry – they aren’t putting guns on them. Founder and CEO Richard Jenkins told TechCrunch that
Read MoreSpaceX eyes March 14 for next Starship test flight
SpaceX is aiming to launch its massive Starship rocket for the third time as soon as March 14, the company confirmed in a social media post Wednesday. SpaceX is still awaiting regulatory approval from the Federal Aviation Administration for the launch, without which Starship will remain grounded. But even though
Read MoreRingCentral drills down the opportunities for AI to revamp customer interactions
Yesterday, chief information officer (CIO) of IT World Canada Jim Love sat down with Amir Hameed, senior vice president of worldwide solution sales and engineering, and Kevin Krempulec, Canada country manager, from cloud communications platform RingCentral, to discuss how AI can transform the conversation across both customer and employee journeys.
Read MoreAs mega-rounds become rarer, energy startups are powering up
The largest funding rounds raised by startups are becoming rarer and rarer. For upstart companies working on the future of energy, however, the market is surprisingly strong. The venture deceleration, and its late-stage glaciation, are not stopping the companies that want to reinvent energy from raising huge rounds. Given what
Read MoreTwitch is looking at life beyond the livestream
In an open letter published on Wednesday, Twitch CEO Dan Clancy outlined the livestreaming company’s plans for 2024, with a focus on helping streamers grow their audiences even when they aren’t live. This year, Twitch plans to overhaul its app for the first time in five years, ditching its longstanding
Read MoreOnly 23 per cent of Canadians have a healthy relationship with work; AI can help, says HP
Artificial intelligence can be the key to unlocking better relationships with work, HP revealed in its new Work Relationship Index (WRI) report. “AI represents a significant opportunity to transform our work dynamics and unlock a more positive and productive environment for all,” stated Dave Shull, president of HP Workforce Solutions
Read More