July 2023

EV truck maker Nikola fails again to secure enough shareholder support to issue more shares

July 6, 2023

Nikola failed for the second time since June to get enough shareholders to vote on a proposal that would allow the EV truck maker to issue more shares in a bid to raise more capital. The company said Thursday it adjourned its annual meeting of shareholders until August 3 when it will try once more […]

EV truck maker Nikola fails again to secure enough shareholder support to issue more shares by Kirsten Korosec originally published on TechCrunch

Sony’s modular speaker system is a clever and portable take on the home theater

July 6, 2023

Here’s a dirty little secret: Consumer electronics can be boring sometimes. Hardware scaling is hard and people love the familiar, both things that have a tendency to disincentive adventurous product design. So it’s worth acknowledging when big companies try something a bit different. From a purely design perspective, there’s a lot to love about the […]

Sony’s modular speaker system is a clever and portable take on the home theater by Brian Heater originally published on TechCrunch

In-space propulsion developer Benchmark Space Systems closes $33M in new funding

July 6, 2023

Benchmark Space Systems, a Vermont-based developer of in-space propulsion products, has raised $33.2 million in new funding, according to a filing with the U.S. Securities and Exchange Committee. The Series B capital will be used to help the company manufacture at-scale and deliver on the more than 220 propulsion systems in its backlog, Benchmark CEO […]

In-space propulsion developer Benchmark Space Systems closes $33M in new funding by Aria Alamalhodaei originally published on TechCrunch

Deel under fire for alleged questionable hiring practices, advice to other companies

July 6, 2023

A California Senator is urging the state’s Labor and Workforce Development Agency to conduct an investigation into the business practices of fintech turned HR startup Deel. Last week, Senator Steve Padilla (D-San Diego) sent a letter to Stewart Knox, California Secretary of Labor, alleging that Deel has hired hundreds of employees but classified them as […]

Deel under fire for alleged questionable hiring practices, advice to other companies by Mary Ann Azevedo originally published on TechCrunch

Threads app hits Top 5 on Apple’s China App Store despite ban

July 6, 2023

Threads, Meta’s new social networking platform, is quickly gaining ground in China where Western social apps from Instagram to Facebook are banned. As of Thursday morning Pacific Time, the Twitter clone introduced by Instagram ranked fifth in the social networking category of Apple’s China App Store, just a day after launching. That’s despite the fact […]

Threads app hits Top 5 on Apple’s China App Store despite ban by Rita Liao originally published on TechCrunch

OpenAI makes GPT-4 generally available

July 6, 2023

OpenAI today announced the general availability of GPT-4, its latest text-generating model, through its paid API. Starting this afternoon, all existing OpenAI API developers “with a history of successful payments” can access GPT-4. The company plans to open up access to new developers by the end of this month, and then start raising availability limits […]

OpenAI makes GPT-4 generally available by Kyle Wiggers originally published on TechCrunch

Amazon adds discounted healthcare to Prime Day deals

July 6, 2023

Amazon revealed Thursday a preview of new deals that will be offered next week during its annual Prime Day event, including an exclusive healthcare deal through One Medical, the primary care tech provider that the e-commerce giant acquired earlier this year. This is the first time that Amazon has added discounted healthcare to its selection […]

Amazon adds discounted healthcare to Prime Day deals by Lauren Forristal originally published on TechCrunch