Category: Enterprise
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Fintech startup Coast lands $40M just 4 months after its last $25M raise
Coast, a startup that describes itself as “a financial services platform for the future of transportation,” has raised $40 million in Series B funding — just four months after announcing a $25 million venture round and $67 million in debt financing, the startup has told TechCrunch exclusively. Back-to-back fundraises were common prior to and during…
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Hackers could create traffic jams thanks to flaw in traffic light controller, researcher says
A security researcher found that some traffic lights controllers are exposed on the internet and could be manipulated. © 2024 TechCrunch. All rights reserved. For personal use only. A security researcher says he found a flaw in a traffic light controller that would potentially allow malicious hackers to change the lights and create traffic…
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Without this company’s technology, future fusion power plants might never light up
Marathon Fusion emerges from stealth with a plan to help fusion power plants extract tritium, a necessary fuel. © 2024 TechCrunch. All rights reserved. For personal use only. Proponents of nuclear fusion have long promised to create nearly limitless power here on earth by harnessing the same reaction that powers the sun. Today, fusion’s…
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NASA cancels $450M Viper moon mission, dashing ice prospecting dreams
The now-scrapped moon mission would have been the U.S. space agency’s first resource-mapping mission off planet Earth. © 2024 TechCrunch. All rights reserved. For personal use only. Rising cost and schedule delays have led NASA to cancel a $450 million program to map water ice deposits on the moon, a natural resource that will…
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Amazon Prime Day 2024 sales hit record $14.2 billion
Amazon’s Prime Day event clocked record sales this year, as U.S. consumers spent $14.2 billion across July 16 and 17, according to Adobe Analytics. This marks an 11% jump from last year’s $12.7 billion total. Buyers spent $7.2 billion on day one of the 2024 online event, up 11.2% from a year prior. Adobe Analytics…
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GM CEO Mary Barra is coming to TechCrunch Disrupt 2024
The automotive industry is in the midst of dramatic technological change as companies seek out new ways to make money beyond building and selling gas-powered cars. And GM CEO and chair Mary Barra, who has held the top spot for a decade, is at the center of that change. Barra is pushing to double the…
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USPS shared customer postal addresses with Meta, LinkedIn and Snap
The U.S. Postal Service confirmed it took action to “remediate” the data sharing following a TechCrunch investigation. © 2024 TechCrunch. All rights reserved. For personal use only. The U.S. Postal Service was sharing the postal addresses of its online customers with advertising and tech giants Meta, LinkedIn, and Snap, TechCrunch has found. On Wednesday,…
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OpenAI unveils GPT-4o mini, a small AI model powering ChatGPT
OpenAI introduced GPT-4o mini on Thursday, its latest small AI model. The company says GPT-4o mini, which is cheaper and faster than OpenAI’s current cutting edge AI models, is being released for developers, as well as through the ChatGPT web and mobile app for consumers starting today. Enterprise users will gain access next week. The…
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Ford’s EV plans are in flux once again as it invests $3B into its biggest trucks
Ford is still pushing forward on electrification, notably by increasing hybrid options. © 2024 TechCrunch. All rights reserved. For personal use only. Ford said Tuesday it will expand production of its Super Duty trucks to a factory in Canada that was slated for a $1.34 billion transformation into an assembly plant for its next-generation…
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Spotify adds a Spanish-speaking AI DJ, ‘Livi’
Spotify’s AI DJ, which first launched last year, is meant to serve as a smart audio guide that introduces music using a convincingly realistic voice. © 2024 TechCrunch. All rights reserved. For personal use only. Spotify’s AI DJ feature, an AI guide that introduces personalized song selections, is now available in its first language…