Category: Crypto
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Canoo’s latest loss, tales from Waymo riders, and what a Trump win means for Elon (and his companies)
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! We’re just two days past the election, and there is already a ton of speculation about what another Trump presidency will mean for transportation and tech —…
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What Trump’s win might mean for Elon Musk
Elon Musk — the billionaire CEO of Tesla, SpaceX, and xAI, and the owner of The Boring Company, Neuralink, and X — took a sharp swing to the right this election to support President-elect Donald Trump, using his vast wealth, influence, and megaphone on X to influence the outcome of the election. Musk’s support came…
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OpenAI acquired Chat.com
OpenAI bought Chat.com, adding to its collection of high-profile domain names. As of this morning, Chat.com now redirects to OpenAI’s AI-powered chatbot, ChatGPT. An OpenAI spokesperson confirmed the acquisition via email. Chat.com is one of the older domains on the web, having been registered in September 1996. Last year, it was reported that HubSpot co-founder…
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The other election night winner: Perplexity
On Tuesday, two AI startups tried convincing the world their AI chatbots were good enough to be an accurate, real-time source of information during a high-stakes presidential election: xAI and Perplexity. Elon Musk’s Grok failed almost instantly, offering wrong answers about races’ outcomes before the polls had even closed. On the other hand, Perplexity offered…
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The FTC comes after neobank Dave for misleading marketing, hidden fees
The Federal Trade Commission (FTC) announced on Tuesday that it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee” it charged if customers wanted…
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Apple iOS 18.2 public beta arrives with new AI features, but some remain waitlisted
Apple has released the AI-powered version of its latest mobile operating system, iOS 18.2, to its public beta users. The update includes new features like an AI emoji generator app called Genmoji, an Image Playground AI image app, ChatGPT integration with Siri, and visual search using the iPhone 16 cameras, among other things. Previously, these…
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iRobot lays off another 105 employees
Roomba maker iRobot is laying off 105 employees — about 16% of the company’s workforce, per an SEC filing — saying the cuts are part of an “operational restructuring plan.” The move comes after iRobot slashed roughly 350 jobs — about 31% of its workforce — earlier this year. Those cuts were made after plans…
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SpaceX to launch Starship for the sixth time this month
SpaceX will conduct the sixth flight test of Starship, the largest rocket ever built, as soon as November 18, following the smooth success of the previous mission less than a month ago. The high flight cadence is thanks, in part, to that success, which included the first-ever return of the Super Heavy booster to the…
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‘Prediction markets’ set to pay out $450M to election bettors
Following Donald Trump’s election victory, thousands of bettors anticipate a potential $450 million payout from online betting sites, says Reuters. As Trump’s odds surged on so-called prediction markets near the end of the race, platforms like Kalshi and Polymarket gained attention for diverging sharply from traditional polls, which suggested a much closer race. Talking with…
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Australia looks to ban social media for kids under age 16
Australian Prime Minister Anthony Albanese on Wednesday announced plans in the country to ban social media for children under 16, saying that “social media is doing harm to our kids, and I’m calling time on it.” The proposed legislation will enter parliament this year, taking effect a year after lawmakers ratify it, said Albanese, adding…