Technology

This app is helping workers reclaim millions in lost wages

June 27, 2023
As Rodrigo Camarena sees it, you can hail a car and order food on your smartphone; why shouldn’t it also help you exercise your rights?  Reclamo, a new web app created by Justicia Lab, the nonprofit innovation incubator that Camarena directs, helps documented and undocumented immigrant workers who have experienced wage theft. By clicking through…

Lordstown Motors sues Foxconn, files for bankruptcy

June 27, 2023

Lordstown Motors has made good on its threat to sue Foxconn, the Taiwanese company best known for manufacturing Apple’s iPhones. The EV company took legal action against Foxconn Tuesday, and simultaneously filed for bankruptcy and put itself up for sale. Lordstown, the EV startup that went public via a merger with a special purpose acquisition […]

Lordstown Motors sues Foxconn, files for bankruptcy by Rebecca Bellan originally published on TechCrunch

Thomson Reuters buys Casetext, an AI legal tech startup, for $650M in cash

June 27, 2023

Thomson Reuters has entered into a definitive agreement to acquire Casetext, a Y Combinator-backed legal tech startup. The deal, valued at $650 million in cash, is expected to close in the second half of 2023, subject to regulatory approvals and customary closing conditions. “The acquisition of Casetext is another step in our ‘build, partner and […]

Thomson Reuters buys Casetext, an AI legal tech startup, for $650M in cash by Kyle Wiggers originally published on TechCrunch

Kindred Ventures foresees a ‘massive explosion of startups’ courtesy of AI

June 26, 2023

Last week, we talked with Kindred Ventures, a small, nine-year-old, San Francisco-based early-stage venture firm that, despite investing in a lot of nascent startups — more than 100 to date — takes a generalist approach, investing in AI, climate tech, consumer internet companies, crypto deals, fintech startups, health startups, mobility startups and the outfits developing […]

Kindred Ventures foresees a ‘massive explosion of startups’ courtesy of AI by Connie Loizos originally published on TechCrunch

Lilz brings its gauge-watching smart cameras to the US and raises $4M

June 26, 2023

When you run big real-life industrial operations, there’s always a gauge or readout somewhere deep in the facility that your engineers or field teams need to check in person. Lilz is a Japanese startup that builds devices you can set up to read these meters remotely, and the company just raised $4.1 million as they […]

Lilz brings its gauge-watching smart cameras to the US and raises $4M by Devin Coldewey originally published on TechCrunch

Achieving a sustainable future for AI

June 26, 2023
We are witnessing a historic, global paradigm shift driven by dramatic improvements in AI. As AI has evolved from predictive to generative, more businesses are taking notice, with enterprise adoption of AI more than doubling since 2017.  According to McKinsey, 63% of respondents expect their organizations’ investment in AI to increase over the next three…

Anduril’s teeing up to take larger defense market share with latest acquisition

June 26, 2023

Defense technology company Anduril Industries has acquired Adranos, a startup that manufactures solid rocket motors for in-space and terrestrial applications. The two companies did not disclose the terms of the deal. Indiana-based Adranos’ solid rocket motor propulsion systems are designed for tactical missiles, hypersonics and space launch vehicles. Adranos has also developed a solid rocket […]

Anduril’s teeing up to take larger defense market share with latest acquisition by Aria Alamalhodaei originally published on TechCrunch

YouTube reportedly experimenting with online games

June 26, 2023

Nearly six months after Google officially shut down its cloud gaming service Stadia, it appears the company may be launching a similar product through YouTube. The Google-owned video-sharing platform is reportedly testing an online game offering that could give users the ability to play games via the YouTube website on desktop or the YouTube app […]

YouTube reportedly experimenting with online games by Lauren Forristal originally published on TechCrunch