Others

India’s first private rocket, built by startup Skyroot, makes successful launch

November 18, 2022

India’s space agency has successfully launched the Vikram-S after much anticipation and years-long work in a boost to the private sector of the nation’s space industry. The Indian Space Research Organization (ISRO) kicked off the suborbital rocket at 11.30 a.m. local time Friday from the Satish Dhawan Space Centre in Sriharikota, India’s east coast. The […]

India’s first private rocket, built by startup Skyroot, makes successful launch by Jagmeet Singh originally published on TechCrunch

GoTo cuts 1,300 jobs as it anticipates ‘uncertainties’ to linger for long

November 18, 2022

GoTo Group is cutting 1,300 jobs, or 12% of its workforce, it informed staff early Friday, as Indonesia’s largest internet company attempts to trim costs and improve finances. “Achieving financial independence more quickly has a profound cost for us, because when we take a hard look at how we fundamentally need to change (business focus […]

GoTo cuts 1,300 jobs as it anticipates ‘uncertainties’ to linger for long by Manish Singh originally published on TechCrunch

FCC orders ISPs to show broadband ‘nutrition labels’ with all fees and limits

November 17, 2022

Hidden fees and unexpected rate hikes have become an expected part of Americans’ internet, cable, and phone bills, but the FCC just passed a rule that may make this a lot less common. Broadband providers will now have to “prominently” display a “nutrition label” with all fees, catches, and caps clearly stated for any plan […]

FCC orders ISPs to show broadband ‘nutrition labels’ with all fees and limits by Devin Coldewey originally published on TechCrunch

GM says supply chain issues won’t affect EV profitability by 2025

November 17, 2022

General Motors says supply chain constraints won’t hinder the automaker’s goal of reaching electric vehicle profitability by 2025. GM expects its EV portfolio to have “the same margin profile” as its internal combustion engine portfolio over the next three years once factoring in U.S. tax credits for cars and trucks, CEO Mary Barra said Thursday […]

GM says supply chain issues won’t affect EV profitability by 2025 by Rebecca Bellan originally published on TechCrunch

Fiat CEO teases subscriptions, car-sharing for all-electric 500e launch in US

November 17, 2022

Stellantis plans to “explore alternative business models,” such as subscriptions and car sharing, when it launches its all-electric Fiat 500e in the U.S. in the first quarter of 2024, Fiat CEO Olivier Francois told TechCrunch at the 2022 Los Angeles Auto Show. The exec did not rule out limiting the 500e’s U.S. launch entirely to […]

Fiat CEO teases subscriptions, car-sharing for all-electric 500e launch in US by Harri Weber originally published on TechCrunch

Can gaming resurrect the NFT market? OpenSea thinks so

November 17, 2022

Today at TechCrunch’s crypto-focused event in Miami, OpenSea CEO Devin Finzer discussed his business, and the future market for non-fungible tokens. The digital assets, better known by the acronym ‘NFT,’ saw their stock rise during the 2021-era crypto boom. NFTs became synonymous with neo-wealth bubbling up from the blockchain economy, as a number of image […]

Can gaming resurrect the NFT market? OpenSea thinks so by Alex Wilhelm originally published on TechCrunch

The FTX implosion is an opportunity to learn

November 17, 2022

At TechCrunch Sessions: Crypto 2022, Chainalysis CPO Pratima Arora, Tezos co-founder Kathleen Breitman and Ledger CEO Pascal Gauthier talked about security in the crypto industry. And a good chunk of the discussion was spent talking about the collapse of FTX. “First of all, I don’t think it is over,” Pascal Gauthier said. “In the FTX […]

The FTX implosion is an opportunity to learn by Romain Dillet originally published on TechCrunch

Beam raises $6.4M to help citizens access safety net funds

November 17, 2022

Beam, a startup that helps citizens access government financial aid, has raised $6.4 million in Series A funding. The company, previously known as Edquity, helps deliver funds across a wide array of programs, like emergency cash assistance, rental relief and public utility benefits. “We fundamentally work to transmit critical services and resources to those in […]

Beam raises $6.4M to help citizens access safety net funds by Andrew Mendez originally published on TechCrunch