The fall of EV startup Fisker: A comprehensive timeline
Here is a timeline of the events that led fledgling automaker Fisker to file for bankruptcy.
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Stripe’s former growth lead helps African diaspora invest in startups, real estate
When Joe Kinvi joined Touchtech Payments in 2017 as head of finance, the Irish startup couldn’t afford his full salary. So he negotiated for stock to make up the difference. Eighteen months later, Stripe acquired the company, and that equity converted into Stripe shares, enough to let Kinvi leave his job, bootstrap a side project, […]
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Rocket Lab’s Peter Beck on reshaping the space economy at Disrupt 2024
The future of the space industry may look a lot like its past, or so believes Peter Beck, founder and CEO of Rocket Lab. At TechCrunch Disrupt 2024 in San Francisco, he’ll be explaining how full-service, vertically integrated space companies will (again) be the big winners of this evolving space economy. Rocket Lab was started […]
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Société Générale to sell its freelancer challenger bank Shine to Ageras
Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras. In 2020, TechCrunch reported that Société Générale spent around €100 million to acquire Shine. It wasn’t a huge acquisition but it attracted quite a bit of […]
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UK probes HPE’s planned $14B Juniper Networks acquisition
The U.K.’s Competition and Markets Authority (CMA) has initiated a formal “phase 1” investigation into Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks. HPE announced plans to acquire Juniper Networks back in January, a deal designed to unify their respective strengths in the networking and IT infrastructure realm, spanning servers, storage, consulting, routing, switching, […]
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Meta AI removes block on election-related queries in India while Google still applying limits
Meta AI removes restrictions in answering election-related queries in India while Google is still restricting them.
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How Abridge became one of the most talked about healthcare AI startups
Ask any of the health-focused VCs to name one of the top AI startups and one name comes up over and over again: a company based in Pittsburgh called Abridge. And it’s a startup that launched before OpenAI was a household name and LLMs entered the common Valley vocabulary. In 2019, Shiv Rao, a practicing […]
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Kilimo helps farmers save water and get paid for it
Cheap irrigation has transformed many regions around the world into breadbaskets, but it also means that there can be little left for other uses.
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Fisker failed because it wasn’t ready to be a car company
Two years ago, an employee at Fisker Inc. told me that the most pressing concern inside the EV startup was not whether its Ocean SUV would get built. Fisker was outsourcing the manufacturing of its first EV to highly respected automotive supplier Magna, after all. The startup’s November 2022 start-of-production target was aggressive, but not […]
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FTC refers TikTok child privacy case to Justice Department
The agency was investigating the company over potential violations of the Children’s Online Privacy Act.
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iOS 18 could ‘sherlock’ $400M in app revenue
Apple’s changes may affect apps that today have an estimated $393 million in revenue and have been downloaded roughly 58 million times over the past year.
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