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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Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single person, think about their work, and unpack the rest. This week, Natasha interviewed Nolan Church, the CEO and co-founder of Continuum, about […]
Tech layoffs may get worse before they get better by Natasha Mascarenhas originally published on TechCrunch
Binance founder and chief executive Changpeng Zhao says FTX “going down is not good for anyone in the industry,” and the ongoing episode has “severely shaken” the confidence of consumers, a day after the world’s largest exchange signed a non-binding agreement to acquire its most formidable rival firm. Zhao said the sudden liquidity crunch at […]
Binance chief says FTX going down ‘not good for anyone’, warns of greater regulatory scrutiny by Manish Singh originally published on TechCrunch
Subscription management services are meant to be used by developers, but not only: Their user personas include engineering, product and marketing teams.
Why mobile subscription management platforms are enjoying tailwinds by Anna Heim originally published on TechCrunch
Celonis has made a big impact since it launched in 2011, raising $2.4 billion along the way. Its most recent investment, a $1 billion raise in August, was on a $13.2 billion post-money valuation, the kind of money you haven’t been seeing in 2022. The company has primarily made its reputation by using software for […]
Celonis can now map multiple processes and present them in subway-style map by Ron Miller originally published on TechCrunch
Meet Plain, a new startup that wants to reinvent support tools. While the customer support space is a competitive industry with big tech companies like Intercom and Zendesk, Plain believes it has a different approach as it focuses on API integrations to make your company’s product and your support platform work hand in hand. Plain […]
Plain is a new customer support tool with a focus on API integrations by Romain Dillet originally published on TechCrunch
Californians seem to be voting against a proposal on the midterm election ballot that would tax the wealthiest Californians to help pay for electric vehicle tax incentives and EV charging infrastructure in the state. With about 53% of the state’s votes counted, Proposition 30 was losing 57.3% to 42.7%, according to California’s Secretary of State. California […]
Early results show defeat for California Prop 30, a plan to tax the rich and fund EVs by Rebecca Bellan originally published on TechCrunch
Tiger Global is adding Rohit Iragavarapu, the partner at TCV Capital involved in deals such as Gitlab, Attentive, Toast, LegalZoom and Avetta, to its investment team, two sources familiar with the matter said. Before joining TCV in 2019, Iragavarapu worked at TPG Global and Morgan Stanley, according to his Linkedin profile. He starts his investor […]
Tiger Global taps TCV partner Rohit Iragavarapu by Manish Singh originally published on TechCrunch
Startups might be in a funding midwinter, but the ray of sun shining on some VCs speaks of a different trend. EQT Ventures, the venture fund arm of Sweden’s investment giant EQT making early-stage bets on startups primarily in Europe, has closed its latest fund and filled its coffers with 1 billion euros (and $1.1 […]
Sweden’s EQT Ventures closes a its third fund at €1.1B to double down on European and early-stage startups by Ingrid Lunden originally published on TechCrunch
Tesla CEO Elon Musk is selling millions of Tesla shares again. The celebrity executive disposed of 19.5 million shares Tuesday, which is worth about $3.95 billion, according to three filings with the U.S. Securities and Exchange Commission. Musk did not take to Twitter to explain why he sold shares, but it’s possible the money will […]
Elon Musk sells 19.5 million Tesla shares worth almost $4 billion by Rebecca Bellan originally published on TechCrunch
Before starting Electric Era, Quincy Lee was one of the chief mechanical engineers at Space X. He got bored of doing space stuff when the climate crisis was happening down here on Earth and decided to do something about one of the biggest challenges with the adoption of electric vehicles: Distributed high-speed charging infrastructure. Crappy […]
Electric Era wants to put an EV charger in convenience store parking lot near you by Haje Jan Kamps originally published on TechCrunch