Rivian may still be burning through cash, but its managed to narrow losses and generate more revenue as the automaker sells more of its EVs while paring down costs. Rivian reported Tuesday $661 million in revenue in the first quarter, a nearly seven-fold increase from the same period last year when it was plagued by […]
EV maker Rivian narrows losses in Q1, beats on revenue by Kirsten Korosec originally published on TechCrunch
Every startup isn’t ready to hire a full-time marketer, but that’s no excuse to toss money out the window on paid acquisition.
TechCrunch+ roundup: Unicorn origins, red flags for investors, generative AI meets copyright law by Walter Thompson originally published on TechCrunch
Different demographics often have different banking needs. So it’s no surprise that we have seen a flurry of financial technology startups offering banking services catered to certain populations based on factors such as age and ethnicity. For example, numerous fintech startups cater to younger users – from Greenlight to Step to Current and now, Acorns. […]
Charlie’s new banking app aims to help seniors ‘make the most of their limited resources’ by Mary Ann Azevedo originally published on TechCrunch
Last year we covered how late-stage tech backer Liquidity Group had raised $775M for its fintech platform from Apollo (private equity) and MUFG (a Japanese bank). Liquidity is part tech platform and part lender, using its technology to make decisions on deploying debt facilities and other financial solutions from $5M to 100M relatively quickly compared […]
Liquidity Group, a debt financier for growth stages, raises another $40M and aims for Europe by Mike Butcher originally published on TechCrunch
Eventbrite, an event management and ticketing website, announced Monday new GPT-powered tools that will help event creators with arguably some of the most tedious, time-consuming steps in event planning—event pages, email campaigns and social media ads. The features will roll out this month. Now, users can create an event page on Eventbrite with automatically generated […]
Eventbrite integrates GPT capabilites into platform to aid the event planning process by Lauren Forristal originally published on TechCrunch
A legal opinion on a controversial European Union legislative plan set out last May, when the Commission proposed countering child sexual abuse online by applying obligations on platforms to scan for abuse and grooming, suggests the planned approach is incompatible with existing EU laws that prohibit general and indiscriminate monitoring of people’s communications. The advice […]
Europe’s CSAM scanning plan looks unlawful, per leaked legal advice by Natasha Lomas originally published on TechCrunch
When CIO Juan Perez started at Salesforce last year, he was given a mandate to more tightly integrate acquired companies, and he went to work.
With mandate to improve acquisitions integration, Salesforce CIO went to work by Ron Miller originally published on TechCrunch