February 22, 2025

US AI Safety Institute could face big cuts

The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]

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November 2022

India’s first private rocket, built by startup Skyroot, makes successful launch

November 18, 2022

India’s space agency has successfully launched the Vikram-S after much anticipation and years-long work in a boost to the private sector of the nation’s space industry. The Indian Space Research Organization (ISRO) kicked off the suborbital rocket at 11.30 a.m. local time Friday from the Satish Dhawan Space Centre in Sriharikota, India’s east coast. The […]

India’s first private rocket, built by startup Skyroot, makes successful launch by Jagmeet Singh originally published on TechCrunch

GoTo cuts 1,300 jobs as it anticipates ‘uncertainties’ to linger for long

November 18, 2022

GoTo Group is cutting 1,300 jobs, or 12% of its workforce, it informed staff early Friday, as Indonesia’s largest internet company attempts to trim costs and improve finances. “Achieving financial independence more quickly has a profound cost for us, because when we take a hard look at how we fundamentally need to change (business focus […]

GoTo cuts 1,300 jobs as it anticipates ‘uncertainties’ to linger for long by Manish Singh originally published on TechCrunch

Ticketmaster faces antitrust scrutiny after Taylor Swift ticket chaos

November 18, 2022

Ticketmaster is facing more scrutiny from politicians after its chaotic presales for tickets to Taylor Swift’s tour. Tennessee attorney general Jonathan Skrmetti said he is looking into whether Ticketmaster violated consumer’s rights and antitrust regulations. Skrmetti is the latest politician who has called attention to Ticketmaster and Live Nation’s hold on the ticketing market. This […]

Ticketmaster faces antitrust scrutiny after Taylor Swift ticket chaos by Catherine Shu originally published on TechCrunch

Soft Robotics raises $26 million as staffing shortages continue across industries

November 17, 2022

I spent last week in Boston, meeting with several of the area’s top automation startups. Soft Robotics — based in nearby Bedford, Massachusetts — is one of those names that comes up a lot. As the concept of soft robotics grippers have increasingly come into vogue, the company of the same name has been reaping […]

Soft Robotics raises $26 million as staffing shortages continue across industries by Brian Heater originally published on TechCrunch

FCC orders ISPs to show broadband ‘nutrition labels’ with all fees and limits

November 17, 2022

Hidden fees and unexpected rate hikes have become an expected part of Americans’ internet, cable, and phone bills, but the FCC just passed a rule that may make this a lot less common. Broadband providers will now have to “prominently” display a “nutrition label” with all fees, catches, and caps clearly stated for any plan […]

FCC orders ISPs to show broadband ‘nutrition labels’ with all fees and limits by Devin Coldewey originally published on TechCrunch

Jack Selby of Thiel Capital is using a new VC fund to invest in Arizona startups

November 17, 2022

Jack Selby, a former PayPal exec and the longtime managing director of Thiel Capital who attracted some attention years back for his low-key largesse, has a new, $110 million venture fund that he intends to invest mostly in his adopted state of Arizona, where Selby has lived since 2002. The debut vehicle of the firm, […]

Jack Selby of Thiel Capital is using a new VC fund to invest in Arizona startups by Connie Loizos originally published on TechCrunch

GM says supply chain issues won’t affect EV profitability by 2025

November 17, 2022

General Motors says supply chain constraints won’t hinder the automaker’s goal of reaching electric vehicle profitability by 2025. GM expects its EV portfolio to have “the same margin profile” as its internal combustion engine portfolio over the next three years once factoring in U.S. tax credits for cars and trucks, CEO Mary Barra said Thursday […]

GM says supply chain issues won’t affect EV profitability by 2025 by Rebecca Bellan originally published on TechCrunch

Fiat CEO teases subscriptions, car-sharing for all-electric 500e launch in US

November 17, 2022

Stellantis plans to “explore alternative business models,” such as subscriptions and car sharing, when it launches its all-electric Fiat 500e in the U.S. in the first quarter of 2024, Fiat CEO Olivier Francois told TechCrunch at the 2022 Los Angeles Auto Show. The exec did not rule out limiting the 500e’s U.S. launch entirely to […]

Fiat CEO teases subscriptions, car-sharing for all-electric 500e launch in US by Harri Weber originally published on TechCrunch