Meta is adding AI-powered summaries to WhatsApp
MWC 2024: Nothing enters the budget range with Phone (2a)
Nothing isn’t one to be quiet about new releases. The London-based phone company’s media push largely relies on trickling out information about devices bit by bit. It’s been a solid strategy thus far (if a bit annoying as someone who covers this world), as so many of its announcements have been first-gen products, each generating […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Thrasio, once king of e-commerce aggregation, files for Ch.11
Thrasio, the U.S. start-up that raised billions of dollars and popularized the concept of e-commerce aggregation — buying up and restructuring dozens of smaller brands and third parties selling on marketplaces like Amazon in a bid for better economies of scale — has commenced a restructuring of its own. The company has filed for Chapter […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Dailyhunt in talks to acquire social network startup Koo
Media startup Dailyhunt is in advanced stages of talks to acquire the Bengaluru-headquartered social network Koo, two sources familiar with the matter told me. The potential deal under discussion involves a share-swap agreement and could be finalized within weeks, the sources added, requesting anonymity as the matter is private. The deliberation follows Koo, which has […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Bumble cuts ~350 employees as dating apps face a reckoning
Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue. While up from the same period a year ago, earnings came in below Wall Street expectations and were paired with a disappointing Q1 2024 forecast […]
© 2024 TechCrunch. All rights reserved. For personal use only.
AIs serve up ‘garbage’ to questions about voting and elections
A number of major AI services performed poorly in a test of their ability to address questions and concerns about voting and elections. The study found that no model can be completely trusted, but it was bad enough that some got things wrong more often than not. The work was performed by Proof News, a […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Getting Laid Off Allowed Him to Focus on His Sentimental Side Hustle. Now He’s on Track to Earn Over $700,000 in 2024.
Assessing Nvidia’s Significant Market Influence
Why VCs are investing in startups that help other startups shut down
In one of the VC world’s greatest ironies, investors have lately been clamoring to back startups that are helping other startups shut down. So whether a VC-backed startup is succeeding or shuttering, investors themselves are finding ways to make returns for their limited partners while also helping founders move on more quickly. And with an […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Intuitive Machines faces early end to moon mission after lander tips over
Intuitive Machines’ first moon mission will come to a premature end due to the spacecraft landing on its side, which altered how the solar panels are positioned in relation to the sun, the company said in an update Tuesday morning. Flight controllers were still working to determine the battery’s remaining life, which could be between […]
© 2024 TechCrunch. All rights reserved. For personal use only.