Technology

Elon Musk’s pivotal China visit: diplomacy, supply chain, and beyond

May 31, 2023

On Tuesday, Elon Musk commenced his high-stakes visit to China, marking his first since before the COVID-19 pandemic. In an era of decoupling, the Tesla CEO stands out as one of the very few Silicon Valley tech bosses who remain committed to China. This commitment isn’t surprising given the increasingly pivotal role China plays in […]

Elon Musk’s pivotal China visit: diplomacy, supply chain, and beyond by Rita Liao originally published on TechCrunch

The Download: meet the longevity obsessives, and how China’s regulating AI

May 31, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Longevity enthusiasts want to create their own independent state. They’re eyeing Rhode Island. —Jessica Hamzelou Earlier this month, I traveled to Montenegro for a gathering of longevity enthusiasts, people interested in extending human…

Hostaway unlocks $175M to expand its vacation rental management platform

May 31, 2023

Tourism and travel have come roaring back into business post-pandemic, and today a startup called Hostaway that’s building technology for one segment of that market — those owning and/or managing vacation rentals — is announcing a major round of funding to grab the opportunity. The startup, which provides software used to help manage vacation rentals […]

Hostaway unlocks $175M to expand its vacation rental management platform by Ingrid Lunden originally published on TechCrunch

China isn’t waiting to set down rules on generative AI

May 31, 2023
China Report is MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. Back in April, there was a major development in the AI space in China. The Chinese internet regulator published a draft regulation on generative AI. Named Measures for the Management of Generative Artificial Intelligence Services,…

NomuPay, formed from pieces of failed fintech Wirecard, says it’s raised $53.6M for cross-border payments

May 31, 2023

We still see regular updates on the calamitous fallout of the 2020 collapse of Wirecard, the now-insolvent fintech out of Germany that had built an elaborate house of cards on false accounting and murky business. Meanwhile, some of the assets from that operation, now under new ownership, appear to be in growth mode. NomuPay — […]

NomuPay, formed from pieces of failed fintech Wirecard, says it’s raised $53.6M for cross-border payments by Ingrid Lunden originally published on TechCrunch

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch

May 31, 2023

Taxfix leaped to a $1 billion valuation in 2022 on the back of a popular mobile app used by consumers help with tax returns. But fast forward to 2023, and the Berlin-based accounting startup is taking an audit of its own affairs. TechCrunch has learned and confirmed that Taxfix has laid off 20% of its […]

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch by Jagmeet Singh originally published on TechCrunch