Posts

Showing posts from December, 2023

What a long, strange year it’s been in enterprise tech news

Looking back at the top enterprise news stories of the year, it's clear that generative AI dominated, but it wasn't the only news. © 2023 TechCrunch. All rights reserved. For personal use only.

I guess I’m a projector person now?

I’ve been one of the those “I don’t own a TV” people for a long time. Really my entire adult life, excepting those times when I shared my living space with someone who brought their own to the party. My exact motivation is a bit hazy all these years later, but at a certain point, […] © 2023 TechCrunch. All rights reserved. For personal use only.

Amazon Echo Frames review, MrBeast jumps the shark and the Apple Watch gets un-banned

Hey, folks, and welcome to Week in Review (WiR), TechCrunch’s regular newsletter recapping the week that was in tech. Typically, the stretch between Christmas and New Year’s tends to be on the sleepier side — but that wasn’t the case in 2023. Fortunately, the TC crew was around to document all that happened. This edition […] © 2023 TechCrunch. All rights reserved. For personal use only.

The overlooked tech that kept cities moving in 2023

Over here at TechCrunch, our time is often spent finding and reporting on the next new new thing in mobility, from autonomous drones and electric air taxis to self-driving trucks and even batteries made of paper. While this tech, in theory, may someday help people and goods move from point A to B, much of […] © 2023 TechCrunch. All rights reserved. For personal use only.

Giga ML wants to help companies deploy LLMs offline

AI is all the rage — particularly text-generating AI, also known as large language models (think models along the lines of ChatGPT). In one recent survey of ~1,000 enterprise organizations, 67.2% say that they see adopting large language models (LLMs) as a top priority by early 2024. But barriers stand in the way. According to […] © 2023 TechCrunch. All rights reserved. For personal use only.

CES 2024: What we’re expecting

More than anything, CES is a chance to plant a flag. Consumer electronics’ massive trade show is strategically positioned within the first week of the year. All the holiday tech has been purchased, opened and used or returned. It’s all a distant memory for tech companies looking to assert themselves as leading innovators for the […] © 2023 TechCrunch. All rights reserved. For personal use only.

How Tesla, BMW, Ford, GM and Mercedes driver-assist systems compare

The automotive industry has entered into a new era of vehicular safety, where in-car systems initially designed to keep you alive are also being marketed as quality-of-life improvements. What once was something only discussed with your insurance adjustor is now technology you might covet on your next commute. While virtually every car on the road […] © 2023 TechCrunch. All rights reserved. For personal use only.

More than 40 investors share their top predictions for 2024

From when the exit market reopens to what happens with AI investing, more than 40 VCs share their predictions and expectations for 2024. © 2023 TechCrunch. All rights reserved. For personal use only.

Terran Orbital’s biggest customer is close to securing funding for multibillion-dollar constellation

Terran Orbital may be close to receiving a major payment from its biggest customer, CEO Marc Bell announced internally at a company-wide meeting earlier this month. Rivada Space Networks is in the final stages of closing funding to help fund a mega-constellation to be built by Terran at a cost of $2.4 billion, revenues that […] © 2023 TechCrunch. All rights reserved. For personal use only.

The New York Times wants OpenAI and Microsoft to pay for training data

The New York Times is suing OpenAI and its close collaborator (and investor), Microsoft, for allegedly violating copyright law by training generative AI models on Times’ content. In the lawsuit, filed in the Federal District Court in Manhattan, The Times contends that millions of its articles were used to train AI models, including those underpinning […] © 2023 TechCrunch. All rights reserved. For personal use only.

BotBuilt wants to lower the cost of homebuilding with robots

Homes aren’t getting cheaper — or necessarily easier to secure. This year, the median household income for home buyers jumped to $107,000 from $88,000 last year, according to the National Association of Realtors. The volume of homes for sale in the U.S. reached record a low, meanwhile — and shows no sign of recovery. Now, […] © 2023 TechCrunch. All rights reserved. For personal use only.

MOVEit, Capita, CitrixBleed and more: The biggest data breaches of 2023

This year, 2023, was a hell of a year for data breaches, much like the year before it (and the year before that, etc.). Over the past 12 months, we’ve seen hackers ramp up their exploitation of bugs in popular file-transfer tools to compromise thousands of organizations; ransomware gangs adopt aggressive new tactics aimed at […] © 2023 TechCrunch. All rights reserved. For personal use only.

Apple Vision Pro tipped for late Jan/early Feb release

We’ve known about the Vision Pro for more than half a year now (not to mention the years of rumors), but Apple’s first “spatial computing” device is one of consumer electronics’ biggest question marks heading into the new year. The $3,499 headset was given an “early-2024” release time frame when it was unveiled at WWDC […] © 2023 TechCrunch. All rights reserved. For personal use only.

Bluesky rolls out an in-app video and music player and a new ‘hide post’ feature

Decentralized social network Bluesky is rolling out a new in-app video and music player for links, along with a new “hide post” feature. The new additions bring Bluesky’s user experience closer to X (Twitter). The new video and music player works with YouTube, SoundCloud, Spotify and Twitch embeds. Unlike on X, where autoplay on videos […] © 2023 TechCrunch. All rights reserved. For personal use only.

Hackers stole $2 billion in crypto in 2023, data shows

For yet another year, hackers stole billions of dollars in crypto. But for the first time since 2020, the trend is downwards, according to crypto security firms. This year, hackers stole around $2 billion dollars in crypto across dozens of cyberattacks and thefts, according to De.FI, the web3 security firm that runs the REKT database. […] © 2023 TechCrunch. All rights reserved. For personal use only.

The eternal struggle between open source and proprietary software

Whenever chaos engulfs a proprietary technology relied on by millions, the default knee-jerk reaction from many seems to be: “Hey, let’s see what the open source world has to offer.” Case in point: X’s (Twitter) steady demise since Elon Musk took over last year led many to search for more “open” alternatives, be it Mastodon […] © 2023 TechCrunch. All rights reserved. For personal use only.

Nonprofit Code.org sues Byju’s unit WhiteHat Jr over payment dues

Code.org, the US educational non-profit, has filed a lawsuit in a California district court alleging that Byju’s subsidiary WhiteHat Jr breached a licensing contract by failing to pay fees while continuing to use Code.org’s platform. WhiteHat Jr, which sold to Byju’s for $300 million in 2020, partnered with Code.org last year and agreed to pay […] © 2023 TechCrunch. All rights reserved. For personal use only.

In a slow year for enterprise tech M&A, there were few standout deals

It was a slow year in enterprise technology M&A, and the total was the second lowest since we started compiling the data in 2018. © 2023 TechCrunch. All rights reserved. For personal use only.
Unlock Rewards with SurveyJunkie Unlock Rewards with SurveyJunkie Your opinions matter, and so do your rewards. Join SurveyJunkie today and start earning exciting rewards for sharing your thoughts on surveys that matter. Why wait? Dive into a world where your insights make an impact and your rewards are just a click away. Start Earning Now

Salesforce escaped from the jaws of activists to find stability in 2023

Salesforce started the year with an unusual level of turbulence, but after escaping activist investors, it ended up having a good year. © 2023 TechCrunch. All rights reserved. For personal use only.

Adobe gives up on Figma, Apple Watch sales halted, and hackers access millions of accounts

In this edition of Week in Review (WiR), we cover the collapse of the Adobe-Figma deal, bans on Apple Watch sales and more. © 2023 TechCrunch. All rights reserved. For personal use only.

Amazon’s new Echo Frames can’t touch the Ray-Ban Meta

This April marked the 10th anniversary since Google released the first generation of Glass. It may be difficult to believe with a decade of hindsight, but the limited release “Explorer’s Edition” were coveted objects. For a little while, at least, they felt like the future. The last 10 years of smartglasses has, however, been an […] © 2023 TechCrunch. All rights reserved. For personal use only.

Hyperloop’s loss is high-speed rail’s gain

In 2013, Elon Musk published a white paper that teased the idea of zipping from Los Angeles to San Francisco in just 35 minutes through a vacuum-sealed tube — a system he called hyperloop. The idea “originated out of his hatred for California’s proposed high-speed rail system,” according to his biographer Ashlee Vance. Ten years […] © 2023 TechCrunch. All rights reserved. For personal use only.

Pornhub owner pays US government $1.8M to resolve sex trafficking probe

Pornhub’s parent company Aylo Holdings will pay $1.8 million to the U.S. government to resolve a charge of profiting off of sex trafficking. The company, formerly known as MindGeek, will enter a deferred prosecution agreement, which means that a monitor will be appointed to oversee Aylo and its compliance efforts for three years. Pornhub and […] © 2023 TechCrunch. All rights reserved. For personal use only.

5 pet tech gifts for your fur babies in 2023

If you or someone you know is looking for a gift to spoil the cuddliest creatures on the planet – our pets – there are several strong contenders that are worth checking out. From smart cameras that provide 24/7 surveillance on your mischievous pup to interactive toys, self-rolling balls and water fountains for cats, here […] © 2023 TechCrunch. All rights reserved. For personal use only.

Crypto valuations ‘came back to earth’ in 2023, but VCs expect them to rise again in 2024

A recent spike of interest in crypto is rebuilding momentum, and many think that next year could be promising for crypto startups’ valuations. © 2023 TechCrunch. All rights reserved. For personal use only.

Blue Origin’s New Shepard makes triumphant return flight

Blue Origin’s New Shepard is officially back in action, with the company today successfully launching the suborbital rocket for the first time in more than 15 months. The rocket lifted off from Blue Origin’s launch site in West Texas at around 10:42 a.m. local time. The mission, dubbed NS-24 to mark the 24th launch of […] © 2023 TechCrunch. All rights reserved. For personal use only.

Okta snatches up security firm Spera, reportedly for over $100M

Okta, the identity and access management company, is acquiring security firm Spera. Anticipated to close during the fiscal first quarter beginning in early February, the Spera acquisition will build on Okta’s existing identity threat detection and response (ITDR) capabilities, Okta says, while equipping customers with tech to “elevate their identity security, posture management and identify, […] © 2023 TechCrunch. All rights reserved. For personal use only.

The Adobe-Figma breakup isn’t a signal of what’s to come for startup M&A

Most startup exits look nothing like the Adobe-Figma deal, which means this breakup won't impact most future startup acquisitions. © 2023 TechCrunch. All rights reserved. For personal use only.

Nikola founder Trevor Milton sentenced to 4 years for securities fraud

Trevor Milton, the disgraced founder and former CEO of electric truck startup Nikola, was sentenced Monday to four years in prison for securities fraud. The sentence, by Judge Edgardo Ramo in the U.S. District Court in Manhattan, caps a multi-year saga that at one point sent Nikola stock soaring 83% only to come crashing down […] © 2023 TechCrunch. All rights reserved. For personal use only.

May Mobility’s driverless microtransit might beat robotaxis to profitability

Autonomous vehicle company May Mobility has launched its first driverless on-demand microtransit service on public roads in Sun City, Arizona in partnership with transit tech company Via. The milestone is in line with May Mobility’s goal of launching rider-only operations by 2023. It also signals that the gentle onramp approach to commercializing autonomy could be […] © 2023 TechCrunch. All rights reserved. For personal use only.

Saudi shopping and BNPL platform Tamara tops $1B valuation in $340M Series C funding

Tamara, a buy now pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million in a financing C round that values the fintech at $1 billion. Saudi asset manager and financial institution SNB Capital and Sanabil Investments, a wholly-owned company by Saudi’s sovereign wealth fund Public Investment Fund […] © 2023 TechCrunch. All rights reserved. For personal use only.

Cruise cuts a quarter of its self-driving workforce, another e-scooter startup folds and a special year-end message

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […] © 2023 TechCrunch. All rights reserved. For personal use only.

IT budgets should increase in 2024, but it still could be tough going for startups

What does it all mean for startups entering 2024? It means they have to prove their worth more than ever. © 2023 TechCrunch. All rights reserved. For personal use only.

Fintech’s wild ride in 2023

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up!  What a year This is the last edition of The Interchange for 2023 — it’s hard to believe that the […] © 2023 TechCrunch. All rights reserved. For personal use only.

The Rule of X and how cloud leaders should think about growth versus profit

Assigning equal weight to growth and profitability for late-stage businesses is flawed and has caused misguided business decisions. © 2023 TechCrunch. All rights reserved. For personal use only.

Google’s Gemini comes to more apps, Cruise slashes its workforce and Tesla issues a recall

Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular newsletter covering the major happenings in the tech-o-sphere — or most of them, anyway. As the world’s largest AI conference, NeurIPS, got underway in sunny New Orleans, Google shared more on Gemini, its flagship AI model family — and lots happened elsewhere. In this edition […] © 2023 TechCrunch. All rights reserved. For personal use only.

Scooter startup Superpedestrian shutting down US operations, exploring sale of Europe business

Superpedestrian, the e-scooter startup known for its self-diagnostic software, is shutting down its U.S.-based shared scooter operation on December 31 and exploring a sale of its European business, TechCrunch has exclusively learned. The company’s director of U.S. operations, Alexander Berg, confirmed the news to his team Friday afternoon on a Zoom call. Berg said the […] © 2023 TechCrunch. All rights reserved. For personal use only.

The best funding options for late-stage startups

“Entrepreneurs navigating the later stages of a startup face a mine field of funding options, and not all of them are suitable for their business,” writes David Spreng, founder and CEO of  Runway Growth Capital. Full TechCrunch+ articles are only available to members. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year […] © 2023 TechCrunch. All rights reserved. For personal use only.

When it comes to generative AI in the enterprise, CIOs are taking it slow

To hear the hype from vendors, you would think that enterprise buyers are all in when it comes to generative AI. But like any newer technology, large companies tend to move cautiously. Throughout this year, as vendors feverishly announced new generative AI-fueled products, CIOs took note. Some companies have actually been looking to cut back […] © 2023 TechCrunch. All rights reserved. For personal use only.

Elon Musk’s Twitter a year later: Everything you need to know

Welcome to Elon Musk’s Twitter (now X), where the rules are made up and the check marks don’t matter. The Tesla and SpaceX CEO announced his bid to buy Twitter in April 2022, zealously driven to rid the platform of spam bots and protect free speech; now, it’s the one-year anniversary since he made his […] © 2023 TechCrunch. All rights reserved. For personal use only.

Three years after its revamp, Firefox’s Android browser adds 450+ new extensions

For the sliver of the market that opts for Firefox instead of Chrome, the default browser on Android devices, the experience just got better. Firefox maker Mozilla announced today the launch of over 450 new extensions — aka browser add-ons — which are now available on Mozilla’s Firefox Browser Add-ons page. These extensions allow users […] © 2023 TechCrunch. All rights reserved. For personal use only.

Seed-stage startups — and their investors — react to higher hurdles for Series A funding

The hurdle for Series A funding is a lot higher than it was a year ago — and investors in seed-stage companies are having to respond. They don’t have much choice if they want their startups to survive. When the market abruptly turned in the spring of 2022, late-stage companies were the first to feel […] © 2023 TechCrunch. All rights reserved. For personal use only.

Receive the gift of growth at TechCrunch Early Stage 2024

Gift giving. It’s top of mind this time of year, and we’re here to suggest two ways you can spread joy this holiday season. First, never — and we mean never — give the “gift” of fruit cake. Second, give your startup dream the gift of growth. Treat yourself and your business with a pass […] © 2023 TechCrunch. All rights reserved. For personal use only.

The regulation is coming from inside the house!

Google's losing the antitrust lawsuit concerning the Play Store brought by Epic Games is going to have far-reaching implications for the mobile app economy. © 2023 TechCrunch. All rights reserved. For personal use only.

Crafting unforgettable startup names that resonate, inspire thought, and make competitors wince

In today's digital and global economy, a brand name can mean the difference between being remembered and being completely forgotten. © 2023 TechCrunch. All rights reserved. For personal use only.

Elon Musk brings Alex Jones and Infowars back on X after user poll

Elon Musk has restored the X accounts of conspiracy theorist Alex Jones and his media site Infowars. The X accounts of Jones and Infowars were “permanently banned” from Twitter by the previous management in 2018 for posting abusive content and violating the platform’s rules. Musk ran a user poll on X on December 9 asking whether […] © 2023 TechCrunch. All rights reserved. For personal use only.

SumUp taps €285M more in growth funding to weather the fintech storm

SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to navigate the choppy waters of the current fintech market, waters that have tipped and swayed SumUp itself. The startup, which has roots in Germany but […] © 2023 TechCrunch. All rights reserved. For personal use only.

Cruise faces fines, TuSimple exits the U.S. and a new reporter joins the TC transpo team

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […] © 2023 TechCrunch. All rights reserved. For personal use only.

Senator Warren calls out Apple for shutting down Beeper’s ‘iMessage to Android’ solution

U.S. Senator Elizabeth Warren (D-Mass.) is throwing her weight behind Beeper, the app that allowed Android users to message iPhone users via iMessage, until Apple shut it down. Warren, an advocate for stricter antitrust enforcement, posted her support for Beeper on X (formerly Twitter) and questioned why Apple would restrict a competitor. The post indicates […] © 2023 TechCrunch. All rights reserved. For personal use only.

How to push PaaS usage beyond 12-factor apps

Companies embracing the PaaS paradigm must recognize that there won't be a one-size-fits-all workload solution. © 2023 TechCrunch. All rights reserved. For personal use only.

Do you believe in job after job?

People moving on to new jobs is not a bad thing — and not only when they have been laid off. That's why it's uplifting to see employers encourage this process. © 2023 TechCrunch. All rights reserved. For personal use only.

Google’s AI-assisted NotebookLM note-taking app is now open to users in the US

Google’s AI note-taking app is now available to all users in United States who are at least 18 years old, the company announced on Friday. The experimental app is also getting a slew of new features and starting to use Gemini Pro, Google’s new large language model, to “help with document understanding and reasoning.” Once […] © 2023 TechCrunch. All rights reserved. For personal use only.

Everything you know about the podcast industry is a lie

It seems like the writing is on the soundproofed wall: The podcast boom is over, and this week’s news is evidence. Spotify laid off 17% of the company – its third round of layoffs this year – and canceled two highly acclaimed shows, including a winner of the Pulitzer Prize for audio reporting. But as […] © 2023 TechCrunch. All rights reserved. For personal use only.

As Bitcoin reaches the $44,000 threshold, why the surge and what’s next?

Bitcoin’s price surge into year-end has been exceptionally encouraging as it has been accompanied by the highest trading volume it has seen since November 2022. © 2023 TechCrunch. All rights reserved. For personal use only.

Tune in for the TechCrunch Early Stage Call for Content AMA

Don’t miss your chance to share your startup expertise and speak at TechCrunch Early Stage 2024 in Boston, Massachusetts, on April 25! Our call-for-content application deadline is January 10, 2024. The TechCrunch Early Stage Call for Content AMA “Wait, wut? Did you say ‘application’?” We sure did, but if you suffer from application hesitation, don’t […] © 2023 TechCrunch. All rights reserved. For personal use only.

With iMessage thanks to Beeper Mini, the OnePlus Open is my new favorite phone

Multi-platform messaging startup Beeper, founded by YC and Pebble alum Eric Migicovsky, delivered an iMessage experience for Android that doesn’t use any intermediaries and as-such, should be (always a big caveat here since we’re relying on the company’s word) private and secure. It has the potential to illuminate just how much lock-in value iMessage has […] © 2023 TechCrunch. All rights reserved. For personal use only.

Atomic Industries closes $17M seed to exascale America’s industrial base

In 2014, investor and entrepreneur Peter Thiel infamously posed the distinction between companies that deal in “atoms” versus those that deal in “bits.” In its crudest terms, the former category includes businesses focused on things like hardware and manufacturing; the latter, software and financial services. Just shy of 10 years on, the distinction now strikes […] © 2023 TechCrunch. All rights reserved. For personal use only.

The makers of pro photography app Halide venture into video with Kino, due this February

Lux, the startup and makers of the popular pro photography app Halide and others, is venturing into video. The team today announced its plans to debut a new app, Kino, arriving in roughly two months’ time, that will allow iPhone users to work with video in a more professional capacity. The news follows advances in […] © 2023 TechCrunch. All rights reserved. For personal use only.

Spotify cuts 17% jobs amid rising capital costs

Spotify is eliminating about 17% jobs, its third round of layoffs this year, as the music streaming looks to become “both productive and efficient.” In a note to employees Monday, Spotify founder and chief executive Daniel Ek said right-sizing the workforce is crucial for the company to face the “challenges ahead.” He cited the slow […] © 2023 TechCrunch. All rights reserved. For personal use only.

More layoffs come for micromobility, Cruise cuts loom, and what the Cybertruck signals for Elon

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […] © 2023 TechCrunch. All rights reserved. For personal use only.

Gravel gets funding from NEA to support Indonesia’s booming construction industry

Indonesia’s construction industry is growing quickly, driven by residential and industrial building, alongside infrastructure development plans by the government. Sourcing skilled labor is still a time-intensive process, however, and often relies on personal networks and lengthy recruitment efforts. The founders of Gravel want to change that by making it easier to find workers and other […] © 2023 TechCrunch. All rights reserved. For personal use only.

GM and Toyota are shaping up to be the biggest losers in the EV transition

Legacy automakers have scaled back or set overly modest electric vehicle production targets. They may come to regret that. © 2023 TechCrunch. All rights reserved. For personal use only.

The most important metrics for SaaS funding in 2024

Today we're focusing on metrics and business environments that apply to most SaaS companies — not the unicorn outliers. © 2023 TechCrunch. All rights reserved. For personal use only.

Tesla releases the Cybertruck, Sam Altman officially returns to OpenAI, and Evernote cripples its free plan

Hi, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter that highlights some of the more noteworthy moments in tech over the past few days. The holiday season is nigh upon us, but the tech industry waits for no one — on the horizon are IBM, AMD and Intel conferences, plus the annual Consumer Electronics […] © 2023 TechCrunch. All rights reserved. For personal use only.

Former SpaceX engineers build ‘vegetarian rocket engine’ to save the climate

Arbor is betting that an approach to carbon removal known as BiCRS will not only help balance the climate, but also benefit rural communities. © 2023 TechCrunch. All rights reserved. For personal use only.