‘Necessary Change’: Starbucks Is Laying Off 1,100 Corporate Workers and Eliminating Open Roles — Read the Memo
The workers who are being laid off will be told by midday on Tuesday, Feb. 25.
SMB-focused Finom closes €115M as European fintech heats up
Finom, an Amsterdam-based challenger bank for SMBs that claims to have doubled its revenue in 2024, closed a €115 million Series C equity round (around $133 million).
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The startup battle begins now: TechCrunch Startup Battlefield 200 applications are open
Pre-Series A founders, this is your moment! If you’re ready to showcase your game-changing innovations on a global stage, the battlefield awaits. Applications for TechCrunch Startup Battlefield 200 — the premier startup pitch competition — are officially OPEN. This is your shot to shine! Step onto the global stage and showcase your groundbreaking startup to […]
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As Meta gets rid of fact-checkers, misinformation is going viral
Meta is phasing out its third-party fact-checking programs in the U.S. while it reintroduces a bonus program for creators, which pays them for viral content. The timing of these changes at Meta could intensify the prevalence of misinformation, according to ProPublica. In the past, content creators could not monetize posts that fact-checkers deemed false; but […]
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Flexport releases onslaught of AI tools in a move inspired by ‘Founder Mode’
Freight forwarding and logistics company Flexport is rolling out a suite of new products and features, many of which use AI, in what the company says will be the first in a series of semi-annual announcements of this kind. If that sounds similar to Airbnb’s approach to seasonal product announcements, that’s because it was the […]
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Stressed-Out Entrepreneurs Have Started Doing This to Relax
There’s a new app that uses your phone’s flashlight to help you unwind.
A single default password exposes access to dozens of apartment buildings
An unchanged credential allows anyone to virtually control door locks and elevators at dozens of apartment buildings across North America, a security researcher found.
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Cambium is building an AI that helps turn waste wood into usable lumber
Cambium uses data on timber and lumber transactions in a bid to make salvage wood appealing to a range of companies.
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Meta AI arrives in the Middle East and Africa with support for Arabic
Meta has formally expanded Meta AI to the Middle East and North Africa (MENA), opening the AI-enabled chatbot to millions more people. Back in October, Meta announced it was launching Meta AI in six additional markets, including Brazil and the U.K. At the same time, the company teased gradual rollout plans for additional markets around […]
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Apple commits $500B to US manufacturing, including a new AI server facility in Houston
The U.S. government is leaning hard on tech companies to make more commitments to building their businesses in the country, and Big Tech is falling in line. On Monday, Apple laid out its own plans in that area: it will spend $500 billion over the next four years in areas like high-end manufacturing, engineering, and […]
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Yope is sparking GenZ (and VC) interest with an Instagram-like app for private groups
Photo and video apps targeting young adults with social hooks are a dime a dozen these days, so those that show traction with 18-twentysomethings tend to catch the attention of investors looking for the next Instagram or TikTok. In the latest example, photo-sharing app Yope, which lets you share still images to private groups, says […]
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