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The government has plans to initiate intercity travel using electric vehicles. However, one of the major barriers with the operation has been the lack of infrastructure on the Indian highways

Tesla CEO Elon Musk sold over 20 million shares of the company stock between Monday and Wednesday. The sale is worth about $3.5 billion, according to a regulatory filing. Musk’s latest stock dump follows the nearly $4 billion worth of shares he sold last month. Musk hasn’t provided a reason publicly for the share sell […]

Musk sells $3.5B worth of Tesla stock as investors voice concern over Twitter involvement by Rebecca Bellan originally published on TechCrunch

The Covid-19 pandemic grounded travel and tourism to a halt, but as those sectors pick up speed again, so too are the more promising startups in them raising money to keep up. Today, a startup called Mews — which provides a cloud-based hotel property management platform with tools covering reservations, payments, and more — announced […]

Mews books $185M for its SaaS-based hotel management platform by Ingrid Lunden originally published on TechCrunch

A notable development for the fraught issue of cross-border data flows from the Organisation for Economic Co-operation and Development (OECD) Wednesday: After two years of closed-door discussions, the intergovernmental organization has adopted a declaration on government access to data held by private sector entities. The declaration, which has been adopted by the 38 OECD countries […]

OECD adopts declaration on trusted government access to private sector data by Natasha Lomas originally published on TechCrunch

Two weeks ago, the password manager giant LastPass disclosed its systems were compromised for a second time this year. Back in August, LastPass found that an employee’s work account was compromised to gain unauthorized access to the company’s development environment, which stores some of LastPass’ source code. LastPass CEO Karim Toubba said the hacker’s activity […]

Parsing LastPass’ data breach notice by Zack Whittaker originally published on TechCrunch

Over the last decade or so, the once-clubby world of startup investing has been cracked wide open by a number of innovations, including special purpose vehicles (SPVs), which are essentially pop-up venture funds that come together quickly with monies from all kinds of accredited investors — from institutions to VCs to dentists — to nab […]

Frustration and anger after SPV platform Assure dumps users at the curb ahead of holidays by Connie Loizos originally published on TechCrunch

Apple’s new “Emergency SOS” service that lets off-grid iPhone users call for help via satellite has led to what may very well be its first successful rescue operation, certainly the first to be documented live. As related by the Montrose Search & Rescue Team, which conducted the operation, two people were in a vehicle driving […]

Apple’s Emergency SOS via satellite prompts rescue after car goes off a cliff north of LA by Devin Coldewey originally published on TechCrunch

The AI portrait app is taking over social media, but the platform has already raised concerns regarding privacy and the sexualization of women.

While the TechCrunch crew enjoys a tweet and a post from time to time, we also enjoy reading longer-form materials. So much so that we are compiling a year-end revue of our favorite reads. This is not just a list of serious business books, or just fiction that was published this year. Instead, we have […]

Here are the best books that TechCrunch read this year by Alex Wilhelm originally published on TechCrunch

“I believe there will be a long-term comeback in the crypto market overall. It’s currently too big to fail.”

Despite the FTX mess, the crypto market looks to the future by Jacquelyn Melinek originally published on TechCrunch