Dubai-based early-stage venture capital firm COTU Ventures is announcing that it has raised $54 million for its inaugural fund to support startups in the Middle East from pre-seed to seed stages. With a final close achieved last year, COTU Ventures, which identifies and backs founders from the inception to post-product launch, invests between $500,000 to […]
© 2024 TechCrunch. All rights reserved. For personal use only.
The Supreme Court is considering the fate of two state laws that limit how social media companies can moderate the content on their platforms. In oral arguments on Monday, the justices grappled with a thorny set of questions that could reshape the internet, from social networks like Facebook and TikTok to apps like Yelp and […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Everyone has a story in them, as someone famous once said. A startup called Inkitt believes that it can use AI to turn the strongest of these into blockbusters and to build a new “Disney” for the 21st century around that content. Now, it’s raised $37 million in aid of that ambition. The startup’s eponymous […]
© 2024 TechCrunch. All rights reserved. For personal use only.
The Federal Aviation Administration has concluded its review of SpaceX’s investigation of the second Starship launch in November, with the regulator saying Monday that it accepted the “root causes and 17 corrective actions” identified by the company. While this means the investigation is now closed, SpaceX must implement all the corrective actions and apply for […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Once upon a time, gadgets knew what they were truly for. Toaster? Brown thy bread. Smartphone? Connect thy user. But the Ring Car Camera? Ever since its launch it found itself in a bit of an identity crisis. After three and a half years, Amazon’s page for the camera now says that “we don’t know […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Hello and welcome back to TechCrunch Space. My stomach is still in knots from the Intuitive Machines landing livestream. I think it’s fair to say that the words of Tim Crain, Intuitive Machines’ CTO, will go down in history: “We’re not dead yet.” Very metal. Want to reach out with a tip? Email Aria at […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Jeremiah Johnson says he has “an embarrassing amount” of Reddit karma. So, as a longtime moderator of subreddits like r/economics, he was part of a select group of power users who were granted first dibs to buy stock in Reddit as the company prepares to go public. “You would never see Instagram doing something like […]
© 2024 TechCrunch. All rights reserved. For personal use only.