JioMart, Reliance Retail’s online shopping platform, has laid off over 1,000 employees and plans to cut as many as 9,900 more roles over the coming weeks, according to a report, as the Indian retail giant looks to improve its margins. The shakeup, reported by the Indian daily Economic Times, comes in the wake of JioMart’s […]
Reliance JioMart to cut 11,000 jobs, report says by Manish Singh originally published on TechCrunch
When someone asks for a tech recommendation, we almost invariably answer with one question: what’s your budget? It’s as true with vacuums as anything else. You can get a pretty good one for not a lot of money. That’s the best option for most people. But those people are not Dyson people. The Dyson vacuum […]
Dyson upgrades its vacuums and air purifiers by Brian Heater originally published on TechCrunch
Daylight, an LGBTQ+ banking platform, is shutting down. Its operations will cease on June 30, according to embattled co-founder and CEO Rob Curtis. The announcement comes months after NY Magazine published an explosive feature on the neobank. The article honed in on Daylight, whose seed and Series A fundraises TechCrunch had covered here and here, […]
Daylight, the LGBTQ+ neobank, calls it quits by Mary Ann Azevedo originally published on TechCrunch
Anthemis Group is trying to raise $200 million for a third fund, according to an SEC filing, as first reported by Axios. It has been in the market since last year and has so far secured commitments of just $36.4 million. The firm separately had to scrap plans to raise a SPAC late last month. […]
Anthemis aims for $200M new fund after layoffs and cancelled SPAC by Mary Ann Azevedo originally published on TechCrunch
Perhaps I shouldn’t have been surprised to see someone skate-walking down the halls of Detroit’s Huntington Place convention center. Don’t get me wrong, there’s plenty of interesting stuff happening at Automate today, but it simply never occurred to me that $1,400 footwear was a possibility. For the record, that person was Abe Pleta, the lead […]
Going for a walk with Shift’s Moonwalker electric shoe-skates by Brian Heater originally published on TechCrunch
In this issue: Blue Origin lands major NASA contract; news from SpaceX; and more!
Max Q: Double the fun by Aria Alamalhodaei originally published on TechCrunch
Surprising literally no one, the combination of paid blue checks and generative AI makes it all too easy to spread misinformation. On Monday morning, a seemingly AI-generated image of an explosion at the Pentagon circulated around the internet, even though the event didn’t actually happen. Within about half an hour, the image appeared on a […]
Fake Pentagon attack hoax shows perils of Twitter’s paid verification by Amanda Silberling originally published on TechCrunch
Last week, Montana Governor Greg Gianforte signed a law that banned TikTok in the state. Now, the company is hitting back with a lawsuit that aims to keep the app available to Montanans. In the complaint, TikTok argues that Montana’s ban violates the constitution by limiting the company’s right to host and distribute user-created content. […]
TikTok sues Montana over a controversial new law banning the app in the state by Taylor Hatmaker originally published on TechCrunch