If you’ve heard of Flixbus, SumUp, StudiVZ, Seatwave, Cafe Press, Zalando, Wooga, HelloFresh, Depop, Delivery Hero, and Agreena, then you’ve heard of companies invested in by HV Capital. The German early and growth stage VC has been a stalwart of the European tech startup ecosystem since at least the early 2000s, funding largely German-born companies […]
HV Capital closes €710M fund amidst the wider European and global funding downturn by Mike Butcher originally published on TechCrunch
Shopify revealed today that it’s laying off 20% of its workforce, impacting more than 2,000 people, and is selling its logistics business to Flexport for roughly 13% in stock. The news comes some 10 months after Shopify announced that it was reducing 10% of its workforce — roughly 1,000 people — and follows a trend that […]
Shopify to reduce workforce by 20%, sells logistics business to Flexport for 13% equity by Paul Sawers originally published on TechCrunch
Millions of people across the U.S. had reams of personal and health information stolen in a mass-hack targeting dozens of companies, including healthcare providers, according to new filings with the federal government. NationBenefits, a Florida-based technology company that offers supplementary benefits to its 20 million-plus members across the U.S., confirmed in April that hackers had […]
Millions of patients’ data confirmed stolen after Fortra mass-hack by Carly Page originally published on TechCrunch
Waymo is doubling its commercial robotaxi service area in the Phoenix metro area, an expansion that will add new suburbs and connect previously isolated sections of the sprawling and car-dependent desert city. The service area, which now includes Scottsdale, nearly of Tempe and larger sections of Chandler and Mesa, is 180 square miles in size. […]
Waymo doubles robotaxi service area in Phoenix in bid to grow driverless trips tenfold by Kirsten Korosec originally published on TechCrunch
Well that was fast. The UK’s competition watchdog has announced an initial review of “AI foundational models”, such as the large language models (LLMs) which underpin OpenAI’s ChatGPT and Microsoft’s New Bing. Generative AI models which power AI art platforms such as OpenAI’s DALL-E or Midjourney will also likely fall in scope. The Competition and […]
UK’s antitrust watchdog announces initial review of generative AI by Natasha Lomas originally published on TechCrunch
Dozens of established players and newer entrants are competing to bring the most cutting-edge remote sensing data to customers. These companies may use hyperspectral, thermal, radar, or optical instruments – but none, as of yet, use light detection and ranging (lidar), a technology that’s best-known for its use in self-driving cars. Nuview, a geospatial technology […]
Nuview emerges from stealth with plans to map the Earth using lidar by Aria Alamalhodaei originally published on TechCrunch
The Boring Company, Elon Musk’s project to build underground highways to alleviate traffic congestion, received approval Wednesday to expand its “Vegas Loop,” an underground tunnel system beneath Las Vegas that shuttles passengers via Tesla vehicles. The expansion, approved by Clark County, Nevada commissioners, will expand the network by 25 miles, allowing for 18 new stations […]
Musk’s The Boring Company to expand Vegas Loop to 18 new stations by Rebecca Bellan originally published on TechCrunch