Category: Crypto

In an internal email surfaced as part of the Meta antitrust trial, Meta CEO Mark Zuckerberg fretted about the potential that the company’s Instagram acquisition may cannibalize Facebook. Were that to happen, it could lead to the “network collapse of the more engaging and profitable product,” a worried Zuckerberg told other Meta executives in a…

ChatGPT search, OpenAI’s feature within ChatGPT that allows the chatbot to access and incorporate up-to-date information from the web into its responses, is growing at a fast clip in Europe. A report filed by one of OpenAI’s EU corporate divisions, OpenAI Ireland Limited, reveals ChatGPT search had roughly 41.3 million average monthly active “recipients” for…

Flipkart, the Walmart-owned Indian e-commerce startup that closely fights Amazon in the South Asian market, is preparing to shift its headquarters back to India from Singapore as the company prepares to file for an IPO on Indian stock exchanges. On Monday, Flipkart said the move “represents a natural evolution, aligning our holding structure with our…

The tech market doesn’t need to be soaring up and to the right to foster healthy M&A activity. Deals can get done even in down markets. But can M&A thrive in an uncertain market? That’s a harder question. The venture market soured in 2022 as fundraising and exits largely dried up. Since then, venture investors…

Jeff Bezos-backed Slate Auto has planted multiple concept versions of its EV on the streets of California. It’s a marketing tactic that teases the secretive startup’s strategy to sell a “Transformer”-like vehicle, people familiar with the company’s internal discussions told TechCrunch. This unconventional real-world tease comes days before Slate’s April 24 launch event at Long…

The Federal Trade Commission filed a lawsuit Monday against Uber, alleging the ride-hail and delivery giant charged customers for its Uber One subscription service without their consent. The lawsuit also claims Uber failed to deliver the savings promised in its subscription service and made it unreasonably difficult for users to cancel despite its “cancel anytime”…

Andreessen Horowitz’s hiring spree continues. On Monday, Erik Torenberg announced that the giant VC firm had acquired his Turpentine podcast, with him joining as a general partner. Torenberg’s podcast focuses mostly on interviewing VCs at a variety of firms about their approach to investing. Recent guests include Accel’s Andrew Braccia, Seven Seven Six’s Alexis Ohanian,…

PHNX Materials has devised a way to strip fly ash of sulfur and aluminum, impurities that concrete companies would rather avoid. ​PHNX Materials has devised a way to strip fly ash of sulfur and aluminum, impurities that concrete companies would rather avoid. 

An AI doctoral student in California had their SEVIS record — the digital proof of their valid student visa — terminated, putting their immigration status at risk. Speaking to TechCrunch, the student, who requested anonymity for fear of reprisal, said they were notified via their college’s international student center that they’d been identified in a criminal records…

Popular social network and forum site Reddit reported significant outages on Monday morning.  The connection errors started at around 11:20 a.m. ET, according to the website Downdetector, which collects anecdotal reports from impacted users globally. At its peak, more than 90,000 users logged an outage report with the downtime tracking website.  At 11:52 a.m. ET,…