Category: Apps
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Prominent crypto critic says someone offered bribes to take down a blog post
Crypto critic Molly White received emails from a purported lawyer and someone working for a “reputation management company” offering bribes in exchange for the takedown of a blog post about the arrest of an alleged crypto fraudster. © 2024 TechCrunch. All rights reserved. For personal use only. In August, the crypto news website Web3…
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Rental car startup Kyte slashes staff and shrinks to two markets in bid for survival
Rental car startup Kyte, which bills itself as the “best alternative to Hertz,” is pulling out of almost all of its major markets in the United States and has cut its workforce roughly in half in a bid to survive after exploring a sale earlier this year. The company is shrinking its operations to focus…
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Not all startups mourn IPOs, but liquidity still must flow
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Several startups announced new rounds this week without disclosing their valuation. This doesn’t mean that these were down rounds, but rather it confirms that our collective focus…
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What is Apple Intelligence, when is it coming and who will get it?
Apple Intelligence was designed to leverage things that generative AI already does well, like text and image generation, to improve upon existing features. © 2024 TechCrunch. All rights reserved. For personal use only. After months of speculation, Apple Intelligence took center stage at WWDC 2024 in June. The platform was announced in the wake…
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Lumen Orbit closed one of the biggest rounds from Y Combinator’s last cohort
Lumen Orbit has closed an oversubscribed, eight-figure seed round of more than $10 million, a source familiar with the details told TechCrunch. That would make it one of the hottest deals, if not the hottest deal, of the most recent Y Combinator batch. The Redmond, Washington-based startup is pursuing a moonshot idea to build a…
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How the ransomware attack at Change Healthcare went down: A timeline
A hack on UnitedHealth-owned tech giant Change Healthcare likely stands as one of the biggest data breaches of U.S. medical data in history. © 2024 TechCrunch. All rights reserved. For personal use only. A ransomware attack earlier this year on UnitedHealth-owned health tech company Change Healthcare likely stands as one of the largest data…
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Joby launches $200M public offering ahead of 2025 commercial eVTOL release
Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $200 million of its shares of common stock, per a regulatory filing. Joby said it will use the proceeds from the raise — together with its existing cash — to fund its certification and manufacturing efforts, prepare…
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Embattled Astra scores DOD contract to develop point-to-point cargo delivery from space
Don’t count out Astra Space just yet. The company, which was taken private again earlier this year for a sliver of its former value, has landed a new contract with the Defense Innovation Unit (DIU) to support the development of a next-gen launch system for time-sensitive space missions. The contract, which the DIU awarded under…
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Blue Origin certifies second capsule for suborbital space tourism flights
Blue Origin has carried out a successful uncrewed certification mission of its second New Shepard ship on Wednesday, as the company looks to effectively double the number of tourists it can fly to suborbital space and back. The RSS Kármán Line capsule is named for the imaginary boundary at 100 kilometers of altitude separating the…
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VW spinoff Scout reveals its EV vision and it includes a model with a gas-powered generator
Scout Motors, the Volkswagen Group spinoff, unveiled Thursday two EVs it hopes will hook American customers with modern-meets-rugged styling that downplays digital and embraces the mechanical. The catch? The company will also offer variants to its all-electric Scout Traveler SUV and Scout Terra Truck that will come equipped with a built-in gas-powered generator using a system…