Others

India’s central bank ordered Kotak Mahindra Bank to immediately cease onboarding new customers through its online and mobile banking channels and to stop issuing fresh credit cards, citing serious deficiencies in the bank’s IT systems and risk management practices. Kotak Mahindra Bank is one of the largest private banks in India. It’s also one of […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Conversational AI platform Parloa has nabbed $66 million in a Series B round of funding, a year after the German startup raised $21 million from a swathe of European investors to propel its international growth. The company is focusing on the U.S. market in particular, where Parloa opened a New York office last year — […]

© 2024 TechCrunch. All rights reserved. For personal use only.

The role of AI prompt engineer attracted attention for its high-six-figure salaries when it emerged in early 2023. Companies define it in different ways, but its principal aim is to help a company integrate AI into its operations.  Danai Myrtzani of Sleed, a digital marketing agency in Greece, describes herself as more prompter than engineer.…

In 1856, Napoleon III commissioned a baby rattle for his newborn son, to be made from one of the most precious metals known at the time: light, silvery, and corrosion-resistant aluminum. Despite its abundance—it’s the third most common element in Earth’s crust—the metal wasn’t isolated until 1824, and the complexity and cost of the process…

Madica, an investment program launched by US-based investor Flourish Ventures to back pre-seed startups in Africa, plans to invest in up to 10 ventures by the end of the year, ramping up its funding efforts after closing three initial three deals. Madica disclosed the plans to TechCrunch indicating accelerated investing in the coming year as […]

© 2024 TechCrunch. All rights reserved. For personal use only.

With the current iteration of its product going through its paces with a handful of beta customers, FlexAI will launch its first commercial product later this year.

© 2024 TechCrunch. All rights reserved. For personal use only.

Glance, which operates a lockscreen platform targetting Android smartphones, is setting its sights on the U.S. market. The Indian startup recently commenced a pilot program in partnership with Motorola and Verizon in the U.S., with plans for a full launch in the country later this year, sources familiar with the matter told TechCrunch. The Bengaluru-headquartered […]

© 2024 TechCrunch. All rights reserved. For personal use only.

The Senate passed a bill, included with the foreign aid package, that will ban TikTok if its owner, ByteDance, doesn’t sell it within a year. Senators passed the bill 79-18 Tuesday after the House passed it with overwhelming majority over the weekend. President Joe Biden will have to sign the bill to make it law, […]

© 2024 TechCrunch. All rights reserved. For personal use only.

The Mercedes-Benz G-Class — the rugged off-road powerhouse that launched in 1979 and has since become a brutalist status symbol — has gone electric. This is, in many ways, Mercedes’ most prestigious car, a model more prized for its presence and exclusivity than its power and capability. Going electric, then, is more than an historic […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Tesla’s been undergoing some major changes, and now we have a sense of why: the company says it is upending its product roadmap because of “pressure” on EV sales. The new and accelerated plan now includes “more affordable models” that the company claims will be launched next year. Or if Tesla CEO Elon Musk is […]

© 2024 TechCrunch. All rights reserved. For personal use only.