Technology

In the aftermath of Sequoia Capital’s big reveal earlier this week that its China- and India-based affiliates are spinning off into independent entities, we reached out yesterday to someone who we thought might have an opinion on the development. Erik Lassila is a former VC whose Silicon Valley-based fund of funds business, Peakview Capital, was […]

Peakview, a U.S. LP once backed by a Chinese firm, diversifies its own investor base by Connie Loizos originally published on TechCrunch

General Motors will integrate Tesla’s electric vehicle charging standard in its future EVs, CEO Mary Barra said Thursday during a Twitter Spaces with Tesla CEO Elon Musk. The agreement between the erstwhile rivals comes less than two weeks after Ford announced a similar partnership, and signals that other automakers could soon follow. As with the […]

GM follows Ford’s lead and adopts Tesla chargers by Rebecca Bellan originally published on TechCrunch

In a sign that there’s plenty of cash to go around for generative AI startups, Cohere, which is developing an AI model ecosystem for the enterprise, today announced that it raised $270 million as part of its Series C round. Reuters reported earlier in the year that Cohere was in talks to raise “hundreds of […]

AI startup Cohere, now valued at over $2.1B, raises $270M by Kyle Wiggers originally published on TechCrunch

Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. It’s been quite a long week (and it’s not over yet). Unless you live under a rock, you know that the U.S. Securities and Exchange Commission came out guns blazing on Monday and Tuesday, by suing the two […]

The SEC’s situationship with Binance and Coinbase keeps getting messier by Jacquelyn Melinek originally published on TechCrunch

The popular third-party Reddit app Apollo is shutting down on June 30, 2023, as a direct result of Reddit’s recently announced new API pricing plans which would end up costing Apollo $20 million per year to continue to operate its business — an unsustainable ask for an indie developer. The app’s maker, Christian Selig, had […]

Popular third-party Reddit app Apollo is shutting down as a result of Reddit’s new API pricing by Sarah Perez originally published on TechCrunch

Mercedes-Benz received a permit from California regulators that will allow the German automaker to sell or lease vehicles in the state equipped with a conditional automated driving system that allows for hands off, eyes-off driving on certain highways. The California Department of Motor Vehicles said Thursday it issued an autonomous vehicle deployment permit to Mercedes-Benz […]

Mercedes first to sell vehicles in California with hands-free, eyes-off automated driving by Kirsten Korosec originally published on TechCrunch

Co-founders Matthew Prince and Michelle Zatlyn launched Cloudflare to the world during the Startup Battlefield competition at TechCrunch Disrupt back in 2010. Fast-forward 13 years, and the startup has grown to become a leading internet infrastructure and security company. Operating one of the largest global networks, Cloudflare services 275 cities in more than 100 countries. […]

Cloudflare co-founders will talk growth, changing markets and more on Disrupt’s SaaS Stage by Lauren Simonds originally published on TechCrunch

Reddit says it will update its newly revised API terms to carve out an exception for accessibility apps, which allow users, including people who are blind or visually impaired, a way to browse and use Reddit. The carve-out comes after Reddit announced new API terms that would put most third-party app developers out of business, […]

Reddit makes an exception for accessibility apps under new API terms by Sarah Perez originally published on TechCrunch