As Tesla gears up to report what will likely be unimpressive financial results for the first quarter on Tuesday, the company is making more moves to go “balls to the wall for autonomy,” as CEO Elon Musk put it last week in a post on X. Over the weekend, Tesla dropped the price of its […]
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Pomelo, a startup that combines international money transfer with credit, has raised $35 million in a Series A round led by Dubai venture firm Vy Capital, TechCrunch has exclusively learned. Additionally, the company is announcing a $75 million expansion of its warehouse facility. Founders Fund and A* Capital also participated in the financing, along with […]
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Meta Horizon OS, the mixed reality operating system that powers Meta Quest headsets can now be used by third-party device makers, the company announced on Monday. The strategic move comes at a time when the VR/AR headset wars between Meta, Apple and Sony continue to heat up. Three major players in the VR space—Asus, Lenovo […]
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Last week, TechCrunch broke the news that the workforce management software outfit Rippling was on the cusp of closing a new, $200 million round of funding at a hefty $13.4 billion valuation led by Coatue. We also reported that the round featured a separate, $670 million secondary component meant to give some of the company’s […]
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Tesla is not having a good start to the week. In its defense, it didn’t have a very good end to last week, either. Today the news is that recent price cuts have irked Tesla investors, who sent its shares off around 4% in early trading today. Those losses have extended Tesla’s total share-price declines […]
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