Only Products and Other Stuff

In the latest twist in Bolt’s aggressive fundraising efforts, the fintech company’s CEO appears to have made a veiled threat of legal action against Silverbear Capital, the investment bank whose involvement in the deal remains in some dispute. “We believe there was some internal miscommunication at Silverbear Capital, one of our lead investors, which has […] © 2024 TechCrunch. All rights reserved. For personal use only.

A Brazilian court’s decision to ban X (formerly Twitter) seems to benefiting its rivals, especially Bluesky. The microblogging platform announced late Friday that it was seeing “all-time-highs for activity” with 500,000 new users joining in the previous two days. It’s also number one on the free iPhone app chart in Brazil today, ranking just ahead […] © 2024 TechCrunch. All rights reserved. For personal use only.

SB 1047 has drawn the ire of Silicon Valley players large and small, including venture capitalists, big tech trade groups, researchers and startup founders. © 2024 TechCrunch. All rights reserved. For personal use only.

Redfin is responding to a new startup that is hoping to upend the way people search for and buy homes by offering a flat-see service. On August 29, TechCrunch reported that a startup called Landian had emerged from stealth to offer homebuyers a way to tour and make offers on homes through a flat-fee service, […] © 2024 TechCrunch. All rights reserved. For personal use only.

Magic, an AI startup creating models to generate code and automate a range of software development tasks, has raised a large tranche of cash from investors including ex-Google CEO Eric Schmidt. In a blog post on Thursday, Magic said that it closed a $320 million fundraising round with contributions from Schmidt, as well as Alphabet’s […] © 2024 TechCrunch. All rights reserved. For personal use only.

Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry, has ousted its sibling co-founders – CEO James Eberhard and chief legal counsel Jenifer Snyder – according to sources familiar with the matter. The shakeup, which employees have described as a hostile takeover, was led by two minority investors on the […] © 2024 TechCrunch. All rights reserved. For personal use only.

Midjourney, the AI image-generating platform that’s reportedly raking in more than $200 million in revenue without any VC investment, is getting into hardware. The company made the announcement in a post on X on Wednesday. Its new hardware team will be based in San Francisco, it revealed. As for what hardware Midjourney, which has a […] © 2024 TechCrunch. All rights reserved. For personal use only.