Others

Trade Republic, a popular stock trading app, adds 2% interest on cash

January 4, 2023

While German startup Trade Republic is better known as a mobile app that helps you buy and sell stock, the company is adding interest on uninvested cash. Users who hold cash in their Trade Republic account will receive 2% in annual interest. This feature reminds me of Robinhood’s brokerage cash sweep program. In the U.S., […]

Trade Republic, a popular stock trading app, adds 2% interest on cash by Romain Dillet originally published on TechCrunch

Last chance — Apply to present at TechCrunch Early Stage

January 4, 2023

Time’s running out if you want a chance to show what you know at TechCrunch Early Stage on April 20 in Boston, Massachusetts. What’s that mean, exactly? It’s a shot at presenting your expert content to hundreds of bootstrapping entrepreneurs and fledgling founders at the beginning or very early stages of the startup journey. The […]

Last chance — Apply to present at TechCrunch Early Stage by Lauren Simonds originally published on TechCrunch

Stellantis to mass produce Archer’s electric aircraft in expanded deal

January 4, 2023

Global automaker Stellantis will mass produce an electric vehicle take-off and landing aircraft for Archer Aviation as part of an expanded partnership that includes giving the startup-turned-publicly traded company access to up to $150 million in additional capital over the next two years. The agreement, announced Wednesday during CES 2023 in Las Vegas, will make […]

Stellantis to mass produce Archer’s electric aircraft in expanded deal by Kirsten Korosec originally published on TechCrunch

Coinbase reaches $100M settlement over background check failures

January 4, 2023

New York financial regulators have found that the popular cryptocurrency exchange Coinbase violated anti-money laundering laws by failing to conduct adequate background checks. Coinbase will pay a $50 million fine to the New York State Department of Financial Services, and is also required to spend $50 million on improving its compliance program. State regulators first […]

Coinbase reaches $100M settlement over background check failures by Amanda Silberling originally published on TechCrunch

Formlabs inches towards mass manufacturing with high-volume 3D printing solutions

January 4, 2023

3D printing stalwart Formlabs today showed off a series of new solutions that enables its customers to dramatically increase their 3D printing output. The result is better large-scale manufacturing options, and a significant reduction in cost-per-part, given that machines don’t have to sit around waiting for operators to fill resin tanks or remove parts. The […]

Formlabs inches towards mass manufacturing with high-volume 3D printing solutions by Haje Jan Kamps originally published on TechCrunch

Meta’s New Year kicks off with over $410M in fresh EU privacy fines

January 4, 2023

Meta is kicking off the New Year with more privacy fines and corrective orders hitting its business in Europe. The latest swathe of enforcement relates to EU’s General Data Protection Regulation (GDPR) complaints over the legal basis it claims to run behavioral ads. The Facebook owner’s lead data protection watchdog in the region, the Irish […]

Meta’s New Year kicks off with over $410M in fresh EU privacy fines by Natasha Lomas originally published on TechCrunch

Roku unveils its first-ever TVs designed and built by the company

January 4, 2023

Roku today is expanding its product line to include a range of smart TVs that are the first ever to be both designed and built by Roku itself. The Roku Select and Roku Plus Series TVs will be Roku-branded HD and 4K TVs available across 11 models, ranging from 24” to 75” in size, and made to […]

Roku unveils its first-ever TVs designed and built by the company by Sarah Perez originally published on TechCrunch

Product Science, which develops mobile app performance monitoring tools, lands $18M

January 4, 2023

The performance of a mobile app can impact how customers perceive a brand. According to a survey from Dimensional Research sponsored by HP, 53% of app users who responded said they’ve uninstalled a mobile app with issues like lag, while 37% said that they hold an app responsible for performance problems. Given the pace of […]

Product Science, which develops mobile app performance monitoring tools, lands $18M by Kyle Wiggers originally published on TechCrunch

Salesforce to cut workforce by 10% after hiring ‘too many people’ during the pandemic

January 4, 2023

Salesforce has announced that it’s cutting some 10% of its workforce, impacting more than 7,000 employees, while it will also shutter offices in “certain markets.” In a letter to employees and a corresponding filing with the Securities and Exchange Commission (SEC), Salesforce CEO Marc Benioff referenced the “challenging” environment in which it’s operating, pointing to […]

Salesforce to cut workforce by 10% after hiring ‘too many people’ during the pandemic by Paul Sawers originally published on TechCrunch