Technology

Wefox, the German insurtech startup, has closed a new funding round from existing investors. The funding amount isn’t going to impress anyone as the company managed to secure $55 million. This could be considered as an extension of the $400 million Series D round as Wefox managed to maintain the same valuation of $4.5 billion. […]

Wefox secures new funding at $4.5 billion valuation as it aims for profitability by Romain Dillet originally published on TechCrunch

Tesla held its annual shareholder meeting in Austin on Tuesday, an event that Tesla has now taken to calling its Cyber Roundup. There were five proposals on the agenda, including one that pushed Tesla’s board to come up with a public succession plan for CEO Elon Musk and other “key persons” whose behavior and loss […]

Tesla shareholders meeting: no succession plan, a co-founder returns and two EVs teased by Rebecca Bellan originally published on TechCrunch

We analyzed data from 30,000+ SaaS companies — here are five ways you can level up product-led, efficient growth.

5 ways SaaS companies can level up their product-led growth by Walter Thompson originally published on TechCrunch

JB Straubel is officially back at Tesla — this time as a board member. The former Tesla CTO and co-founder was elected by shareholders Tuesday as an independent board of director. A crowd of Tesla shareholders, who were at the company’s Gigafactory Texas in Austin for the event, cheered when the initial results were read […]

Tesla shareholders elect former CTO, co-founder JB Straubel to board by Kirsten Korosec originally published on TechCrunch

Apple’s App Store prevented over $2 billion in potentially fraudulent transactions last year, the tech giant touted in a press release on Tuesday. The company says it rejected nearly 1.7 million app submissions in 2022 for failing to meet the App Store’s standards for privacy and security. The press release comes as Apple faces a […]

Apple says its App Store prevented over $2 billion in fraudulent transactions last year by Aisha Malik originally published on TechCrunch

After igniting a global obsession over generative art, ten-month-old Midjourney appears to be entering the Middle Kingdom, the world’s largest internet market. In an article posted on the Tencent-owned social platform WeChat late on Monday, a corporate account named “Midjourney China” said it has started accepting applications for beta test users. But the account soon […]

‘Midjourney China’ launches – then its announcement disappears by Rita Liao originally published on TechCrunch

The lack of funding and dearth of DEI data suggests that the venture community writ large is overlooking a vast amount of untapped potential.

Without Black representation in climate tech, ‘the planet will burn’ by Dominic-Madori Davis originally published on TechCrunch

Google, which hosts billions of user accounts, said on Tuesday that it plans to delete accounts that have remained inactive for two years. The decision is part of the internet giant’s ongoing efforts to strengthen security measures for its vast user base, the company said. Starting December this year, Google may delete an account if […]

Google to delete accounts inactive for two years in security push by Manish Singh originally published on TechCrunch