June 27, 2025

The Download: how to clean up AI data centers, and weight-loss drugs’ side effects

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. This battery recycling company is now cleaning up AI data centers In a sandy industrial lot outside Reno, Nevada, rows of battery packs that once propelled electric vehicles are now powering a small…

Apple Fitness+ introduces sound meditation, a workout program for golfers and more

January 4, 2024

Apple is kicking off 2024 with new content for its workout service Fitness+, including a new meditation theme, a yoga program for golfers, artist spotlights with Super Bowl Halftime Show performers and new celebrity guests for its audio walking experience “Time to Walk.” Starting January 8, Apple Fitness+ is adding a new meditation theme called […]

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Theory Venture’s Tomasz Tunguz unveils 2024 predictions: AI dominance, resurging Web3, and the new normal of tech investments

January 4, 2024

At the end of 2022, like many, I made some predictions about what 2023 would bring to the technology investing ecosystem. Namely, the Fed would tame inflation, and the fundraising market would thaw, but overall, claiming that 2023 would be the first year of a “new normal” era for the markets and that machine learning […]

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TikTok aims to grow its TikTok Shop US business tenfold to $17.5B in 2024, report claims

January 4, 2024

TikTok is looking to grow the size of its TikTok Shop U.S. business tenfold to as much as $17.5 billion this year, according to a new report from Bloomberg. The report indicates that the 2024 merchandise volume goal was recently discussed internally within the company, and could be amended as the year progresses. With this […]

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Exponent Founders Capital, led by Plaid and Robinhood alums, raises $75M to invest in early-stage startups

January 4, 2024

Exponent Founders Capital, an early-stage venture firm founded by alumni of startups such as Plaid, Robinhood and Ramp, has closed on $75 million in capital commitments, TechCrunch is the first to report.  The firm, which is emerging from stealth today, raised $50 million for its first fund in November of 2021. Managing Partners Charley Ma […]

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Big, costly seed deals were the exception in 2023’s lackluster venture capital market

January 4, 2024

Hopes that it would become easier for startups to raise capital in 2023 were left unmet as the year ended. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday. New data from business database PitchBook paints a modestly dim picture of venture capital investment […]

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Irene T. Cheng, SM ’78

January 4, 2024
“Thinking big, aiming high, and making a difference were rules of the road embedded during my time at MIT,” says Irene Cheng, SM ’78, who went on to a successful Wall Street career as a managing director at Lazard Asset Management after earning a graduate degree in chemical engineering from the Institute. “I was helped…