Top Tech Trends

Citing economic turbulence, buy now, pay later giant Affirm announced today that it is reducing its staff by 19%, or about 500 employees, and shutting down its crypto unit. That leaves the company with about 2,000 employees. In a written statement, Founder and CEO Max Levchin said that he takes “full responsibility for this decision […]

Affirm’s stock plunges as it misses earnings, cuts 500 jobs and shutters crypto unit by Mary Ann Azevedo originally published on TechCrunch

The promise of alternative meat products has been under scrutiny lately, with articles in Bloomberg and the Washington Post questioning if it’ll ever be truly embraced by consumers. Other news like the drop in Beyond Meat’s stock price and mass layoffs at Impossible Foods have cast further questions on the industry’s future. Amid all this […]

Fable Foods land Series A for its mushroom-based meat alternatives by Catherine Shu originally published on TechCrunch

Disney’s first quarter with CEO Bob Iger back in command isn’t looking so good. Disney announced its Q1 2023 earnings today, reporting a total of 161.8 million Disney+ global subscribers, a decrease of 2.4 million subs from 164.2 million in the previous quarter. This is the streamer’s first-ever subscriber loss since launching in 2019. The drop […]

Disney+ reports its first subscriber loss, drops 2.4 million subscribers by Lauren Forristal originally published on TechCrunch

SpaceX is on the verge of a landmark test of the Starship launch system, president and chief operating officer Gwynne Shotwell said Wednesday. Tomorrow, the company will perform a full “static fire” test, during which SpaceX will ignite all 33 Raptor 2 engines on the Super Heavy booster at once. If no major issues arise […]

SpaceX will attempt a full static fire test of Starship’s Super Heavy booster tomorrow by Aria Alamalhodaei originally published on TechCrunch

Becoming and staying compliant can be a pain for startups, but several well-funded companies are hoping to help make it both easier and more meaningful.

Why more startups are getting compliant by Anna Heim originally published on TechCrunch

After sparking California’s second-largest wildfire ever, and dozens more in recent years, it’s no secret that Pacific Gas & Electric is interested in alternatives to above-ground transmission lines. One option touted by PG&E — one of the nation’s largest utilities — is to bury thousands of miles of power lines in “high fire-threat areas.” That […]

BoxPower wants to cut emissions, wildfire risk by taking power off the main grid by Harri Weber originally published on TechCrunch