Mira Murati’s Thinking Machines Lab closes on $2B at $10B valuation
Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours
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Daily Crunch: ‘Network issue’ causes cloud outage that takes down multiple Microsoft services for 4+ hours by Christine Hall originally published on TechCrunch
Tier Mobility and Spin lay off 100 more employees
Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three other micromobility operators and a computer vision startup, giving it access to e-bikes — a reach that extended beyond Europe and into the U.S. — […]
Tier Mobility and Spin lay off 100 more employees by Rebecca Bellan originally published on TechCrunch
Dell has acquired cloud orchestration startup Cloudify, sources tell us for around $100M
Dell is making an acquisition to beef up its cloud services business, specifically its offerings in DevOps: the company is buying Cloudify, an Israeli startup that has built a platform for cloud orchestration and infrastructure automation. Cloudify’s tools are used by cloud architects and DevOps engineers to manage containers, workloads, and more across hybrid environments. […]
Dell has acquired cloud orchestration startup Cloudify, sources tell us for around $100M by Ingrid Lunden originally published on TechCrunch
Meta will restore Trump’s Facebook account ‘in the coming weeks’
Two years after the company formerly known as Facebook suspended then-President Donald Trump’s account indefinitely, it’s bringing him back. Meta made the announcement of its decision to restore former president Trump’s Facebook and Instagram accounts on Wednesday, saying that it would do so in “the coming weeks.” As a general rule, we don’t want to […]
Meta will restore Trump’s Facebook account ‘in the coming weeks’ by Taylor Hatmaker originally published on TechCrunch
2022 European edtech report: Smaller rounds and fewer deals, but more angel activity
For the first time since 2014, venture capital funding to European edtech startups saw a decline year-over-year.
2022 European edtech report: Smaller rounds and fewer deals, but more angel activity by Ram Iyer originally published on TechCrunch
Google spares three Area 120 R&D projects, including team working on a ‘Gen Z consumer product’
Last week, we learned Google’s in-house R&D group, Area 120, had been severely impacted by the broader Google workforce reduction, impacting teams working on some of Google’s more experimental ideas. However, we understand now that at least three Area 120 projects have been spared from these latest cuts, and will go on to “graduate” to […]
Google spares three Area 120 R&D projects, including team working on a ‘Gen Z consumer product’ by Sarah Perez originally published on TechCrunch
Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates
Tesla just beat Wall Street revenue estimates for the fourth quarter of 2022. The company closed out Q4 with $24.3 billion in revenue, a 37% increase from the same quarter last year and a 13% bump quarter-over-quarter. Analysts had expected the company to earn around $24.2 billion, according to Yahoo Finance data. The electric vehicle […]
Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates by Rebecca Bellan originally published on TechCrunch
Tesla’s energy storage arm caps 2022 with ‘highest level’ of deployments ever
The growth keeps coming for Tesla’s energy storage business. On Wednesday, the automaker said its home and utility-scale battery deployments reached 6.5 gigawatt hours (GWh) during its fiscal 2022, calling it “by far the highest level of deployments we have achieved.” That’s up from about 4 GWh in 2021. For context, the average American home […]
Tesla’s energy storage arm caps 2022 with ‘highest level’ of deployments ever by Harri Weber originally published on TechCrunch
A network of knock-off apparel stores exposed 330,000 customer credit cards
If you recently made a purchase from an overseas online store selling knock-off clothes and goods, there’s a chance your credit card number and personal information were exposed. Since January 6, a database containing hundreds of thousands of unencrypted credit card numbers and corresponding cardholders’ information was spilling onto the open web. At the time it […]
A network of knock-off apparel stores exposed 330,000 customer credit cards by Zack Whittaker originally published on TechCrunch