Technology

The $79 billion sneakers (or “trainers,” for our U.K. readers) industry has spawned a lucrative resale market, expected to hit $30 billion by the end of the decade — up from $5 billion in 2020. Some have even called sneakers an alternative asset class, an investable product that can be bought and sold on for […]

Laced, a UK-based resale marketplace for authenticated premium sneakers, raises $12M by Paul Sawers originally published on TechCrunch

Tech Review Explains: Let our writers untangle the complex, messy world of technology to help you understand what’s coming next. You can read more here. The future of flying might depend on french fries, trash, and sunlight. Aviation accounts for about 2% of global carbon dioxide emissions, and once you add in other polluting gases,…

Merely months have passed since Microsoft and OpenAI unveiled ChatGPT to the world, sparking a fervor among tech enthusiasts and industry titans. Now, the technology that underpins this generative AI is breaking barriers, reaching remote hamlets miles away from the tech hubbubs of Seattle and San Francisco. Jugalbandi, a chatbot built in collaboration by Microsoft, […]

Microsoft’s AI reaches rural India by Manish Singh originally published on TechCrunch

Some customers of Zivame, an Indian online women’s intimate apparel store owned by Reliance Retail, have complained that their accounts were hacked, leading to the exposure of their personal information, including their full names, phone numbers and email addresses. Over the past few weeks, alleged data from Zivame has been sold by hackers on multiple […]

Reliance’s Zivame customers say their accounts were hacked by Jagmeet Singh originally published on TechCrunch

Ford CEO Jim Farley called it a “personal bullet train.” Doug Field, the automaker’s chief advanced product development and technology officer, described it as “groundbreaking.” Ford’s next-generation full-sized SUV EV might turn out to be both — if the automaker’s claimed advances in physics and energy loss translate into the real world. Ford’s next-generation EV […]

Ford tries zagging in the EV arms race by Kirsten Korosec originally published on TechCrunch

Episode Six, a global payments and banking infrastructure provider, today announced that it raised $48 million in a Series C funding round led by Avenir with participation from Anthos Capital. In an email, CEO John Mitchell said that the tranche will be used to expand Episode Six’s go-to-market efforts and scale its business as the company […]

Episode Six raises $48M to streamline payment processes by Kyle Wiggers originally published on TechCrunch