On the eve of the one-year anniversary of Musk taking over Twitter (now X), the company published a retrospective blog post examining how it has fared under the new management. There are a lot of numbers in the post, but one that sticks out is a claim that an average user spends 32 minutes on […]
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Rapido, the eight-year-old Indian bike taxi startup, is expanding into the cab market in the South Asian nation, where Uber and its homegrown competitor Ola dominate. The Bengaluru-based startup has begun a pilot of its cab service in the Southern city of Hyderabad, TechCrunch has learned and confirmed. The company plans to expand the service […]
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India’s fast-growing co-branded credit card market may soon see a new entrant: the country’s most valuable firm. Reliance is working with the state-backed lender SBI to launch two co-branded credit cards on the homegrown Rupay network, according to documents reviewed by TechCrunch. The cards, called Reliance SBI Card, will offer some “exclusive” benefits, such as […]
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Cruise said Thursday evening it has paused all driverless operations, a decision that comes just two days after the California Department of Motor Vehicles suspended Cruise’s deployment and driverless testing permits effectively ending its robotaxi operations in the state. The action means that driverless operations in Austin and Houston, where the company had started charging […]
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Ford is delaying about $12 billion in planned investments on EVs, including delaying construction of a second battery plant with joint venture partner SK On due to softening demand for higher priced premium electric vehicles. CFO John Lawler emphasized Thursday during the company’s third-quarter earnings call that the company wasn’t backing away from its next-generation […]
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Twitch has had a tense year, in part due to community backlash over policy changes that affect the way creators can monetize their content. Last year, the company announced that it would end the 70/30 subscription revenue split deal that it had offered select streamers in favor of prioritizing ad revenue. In June, Twitch launched […]
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The judge sent the jury home. He first wanted to review Sam Bankman-Fried’s comments before determining whether that testimony could be shared with jurors.
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