Category: Enterprise
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Ariane 6 is the future of European heavy-lift launch — for better or worse
Europe’s next-generation launch vehicle, the Ariane 6, is poised to lift off for the first time tomorrow, as the continent looks to build out sovereign access to space and ensure European missions are launched by European rockets. The heavy-lift rocket will launch from the Guiana Space Centre in French Guiana, with a four-hour launch window…
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Apple removes VPN apps at request of Russian authorities, say app makers
VPN makers report having received a notification from Apple that their apps have been removed from the App Store in Russia. © 2024 TechCrunch. All rights reserved. For personal use only. Apple has removed several VPN apps from its App Store in Russia at the request of the government’s communications watchdog, according to VPN…
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Valuations of startups have quietly rebounded to all-time highs. Some investors say the slump is over.
Generative AI businesses aside, the last couple of years have been relatively difficult for venture-backed companies. Very few startups were able to raise funding at prices that exceeded their previous valuations. Now, approximately two years after the venture slump began in early 2022, some investors, like IVP general partner Tom Loverro, are saying that the…
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TechCrunch Space: SpaceX’s big plans for Starship in Florida
Hello and welcome back to TechCrunch Space. I hope everyone had a great Independence Day. On to the news! © 2024 TechCrunch. All rights reserved. For personal use only. Hello and welcome back to TechCrunch Space. I hope everyone had a great Independence Day. On to the news! Want to reach out with a…
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Data workers detail exploitation by tech industry in DAIR report
The essential labor of data work, like moderation and annotation, is systematically hidden from those who benefit from the fruits of that labor. A new project puts the lived experiences of data workers around the world in the spotlight, showing firsthand the costs and opportunities of tech work abroad. Many tedious, thankless, or psychologically damaging…
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Investors chase wealthtech startups in India as affluent class grows
Investors are betting on Indian wealthtech startups as a growing middle class turns to diversify investments and startups challenge traditional financial advisors for high-net-worth clients. Premji Invest is in advanced stages of talks to lead a funding round of $30 million to $40 million in Dezerv, an app offering a suite of investment solutions to…
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Delivery Hero warns it could face €400M antitrust fine
Berlin-based food delivery giant Delivery Hero has warned investors it may “ultimately” face an antitrust fine of up to €400 million. The development, reported earlier by Reuters, follows unannounced raids by European Union authorities on the offices of Delivery Hero and its Spanish subsidiary Glovo back in July 2022 and November 2023. The EU did…
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What happens if you shoot down a delivery drone?
As deep-pocketed companies like Amazon, Google and Walmart invest in and experiment with drone delivery, a phenomenon reflective of this modern era has emerged. Drones, carrying snacks and other sundries, are being shot out of the sky. Incidents are still rare. However, a recent arrest in Florida, in which a man allegedly shot down a…
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Epic Games CEO promises to ‘fight’ Apple over ‘absurd’ changes
It sounds like the latest dispute between Apple and Fortnite-maker Epic Games isn’t over. Epic has been fighting Apple for years over the company’s revenue-sharing requirements in the App Store. While Epic’s antitrust lawsuit against Apple was defeated last year, many of its criticisms were echoed in a different lawsuit filed against Apple in March…
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CIOs’ concerns over generative AI echo those of the early days of cloud computing
CIOs trying to govern generative AI have the same concerns they had about cloud computing 15 years ago, but they’ve learned some things along the way. © 2024 TechCrunch. All rights reserved. For personal use only. When I attended the MIT Sloan CIO Symposium in May, it struck me that as I listened to…