The Supreme Court Just Struck Down Trump’s Tariffs — Will Companies Be Refunded?
The court ruled 6-3 that the President lacked authority to impose tariffs without Congress, setting up a battle over hundreds of billions in potential refunds.
The Download: tracing AI-fueled delusions, and OpenAI admits Microsoft risks
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. The hardest question to answer about AI-fueled delusions What actually happens when people spiral into delusion with AI? To find out, Stanford researchers analyzed transcripts from chatbot users who experienced these spirals. Their findings suggest that…
Toy Story 5 takes aim at creepy AI toys: ‘I’m always listening’
Addictive, AI-enabled tablets are taking over, and also, Woody is balding in the new Toy Story movie, out June 19.
Tesla Slashed the Cybertruck Price to $59,990—But Musk Says You Only Have 10 Days to Buy It
The EV maker also cut the price of its top-end Cyberbeast model by $15,000 as recalls, quality issues, and sagging demand plague the electric pickup.
Meta’s metaverse leaves virtual reality
Meta said it’s shifting focus for Horizons Worlds to be “almost exclusively mobile” and that it will separate its Quest VR platform from the virtual world.
Lucid Motors slashes 12% of its workforce as it seeks profitability
The layoffs affect hundreds of full-time workers in the US, according to an internal memo obtained by TechCrunch.
New Balance Turned ‘Dad Shoes’ Into $9.2 Billion in Sales, Outpacing Nike. Here’s What’s Behind Their Epic Run.
Nike’s pivot to direct-to-consumer created an opening on store shelves that New Balance and other rivals moved quickly to fill.
AI’s promise to indie filmmakers: faster, cheaper, lonelier
AI expands access to filmmaking for resource-constrained creators. But as efficiency becomes the industry’s north star, creativity risks being overwhelmed by a deluge of low-effort, AI-generated content.
Prepare for pitch battle: Startup Battlefield 200 nominations are open
Nominations for TechCrunch Startup Battlefield 200 are open. Pitch at Disrupt 2026 in October in front of top VCs and the full TechCrunch audience. Nominate your startup or for one that’s deserving.
Peak XV raises $1.3B, doubles down on AI as global VC rivalry in India heats up
Peak XV says most of its new capital will target India as the firm prioritizes AI, fintech and cross-border bets while navigating recent partner departures.
How to Keep Your Board Aligned and Engaged So It Actually Drives Results
Here’s how entrepreneurs can build a strong, value-creating partnership with their board of directors and create a powerful ally.