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Profitable car rental service Turo is still ready for an IPO, but its growth cratered in 2023

March 8, 2024

Turo, the venture-backed, peer-to-peer car rental service reported its fourth-quarter and full-year financial performance this week in an updated IPO filing. The company first filed an S-1 to go public in early 2022, later updating the document quarterly in preparation for an eventual offering. TechCrunch covers its regular financial disclosures as they provide insight into […]

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Creator wishlist startup Throne is doing so well that it returned investor money

March 8, 2024

Throne, which lets fans gift items to creators from their wishlist, is launching a new gifting portal for family and friends called Happy Wishlist. However, the more interesting bit of the story is that last year, the company returned the money it had raised from investors and opted for the bootstrapped route. Starting Throne The […]

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The Rivian R2 SUV racks up 68,000 reservations a day after reveal

March 8, 2024

The Rivian R2, an all-electric sport utility vehicle that’s smaller and more affordable than the automaker’s flagship SUV, appears to be a hit with potential customers. At least, if the number of reservations for the R2 is any guide. Rivian founder and CEO RJ Scaringe posted Friday on Instagram that the company had received more […]

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AI fraud detection software maker Inscribe.ai lays off 40% of staff

March 8, 2024

Yet another AI-powered fraud detection software provider is laying off staff. Inscribe, whose platform works to detect fraud in areas like business underwriting, tenant screening, and onboarding, has cut just under 40% of its staff, which equates to dozens of employees. The news follows that of another, small round of layoffs at AI-powered plagiarism detector, […]

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Russian spies keep hacking into Microsoft in ‘ongoing attack,’ company says

March 8, 2024

On Friday, Microsoft said Russian government hackers continue to break into its systems using information obtained during a hack last year. This time, the Russian hackers dubbed Midnight Blizzard have targeted Microsoft’s source code and other internal systems, the company said. “In recent weeks, we have seen evidence that Midnight Blizzard is using information initially […]

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