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Tom Zhu, Tesla’s China president who oversaw Gigafactory Shanghai’s transformation into the world’s largest EV plant, has been appointed to run the new Gigafactory in Austin, Texas, Bloomberg reported earlier this week. That would make the China chief, who joined Tesla China in April 2014, one of the top executives at the EV giant. The […]

Tesla hopes China boss will bring secret sauce to Gigafactory Texas by Rita Liao originally published on TechCrunch

Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We are nearly at the end of the year, so your friendly, local podcast crew is trying to make sense of just what happened in 2022. We started the year on a venture […]

2022: The good, the bad, and the wake-up calls by Natasha Mascarenhas originally published on TechCrunch

A perfect gift for world travelers.

After weeks of rumors, Getir has announced that it is acquiring Gorillas. This is a major consolidation deal for the instant grocery delivery space. The Financial Times first reported that Getir has closed the acquisition of its competitor. TechCrunch has confirmed the news with Getir. “Markets go up and down, but consumers love our service […]

Instant grocery app Getir acquires its competitor Gorillas by Romain Dillet originally published on TechCrunch

The programme will help organisations innovate to address challenges, and build evidence on learning outcomes, benchmarks and cost effectiveness, thereby supporting the education ecosystem to improve access to quality education at scale

Founders are at a distinct disadvantage in the valuation game. By design, VCs play this game far better than most founders ever will.

How to respond when a VC asks about your startup’s valuation by Ram Iyer originally published on TechCrunch

Historically, Twitter has had a tumultuous relationship with the third-party developer community. But in the last few years, the company has tried to appease the developer community with projects like a new API release and the ‘Twitter Toolbox’ collection to highlight some of the projects. However, under Elon Musk’s management, some of these programs are […]

Amid growing concerns from third-party developers, Twitter shuts down Toolbox and other projects by Ivan Mehta originally published on TechCrunch

Primer, a U.K. startup founded by alums of Braintree and PayPal that provides a drag-and-drop framework for merchants to build online payment stacks, last year raised $50 million at a $425 million valuation from investors like ICONIQ, Accel, Balderton Capital and Seedcamp– a round the came amid a bullish period for e-commerce, with record-levels of […]

Primer, the UK e-commerce tech startup, has laid off one-third of its staff by Ingrid Lunden originally published on TechCrunch

Chicago-based medical giant CommonSpirit Health has confirmed that an October ransomware attack exposed the personal data of more than 620,000 patients. CommonSpirit Health, which operates more than 700 care sites and 142 hospitals in 21 states, first confirmed an “IT security issue” on October 5. At the time, the company declined to comment on the […]

CommonSpirit Health says patient data was stolen during ransomware attack by Carly Page originally published on TechCrunch