Category: Enterprise

The Swedish BNPL startup has confidentially filed a draft registration statement with the U.S. SEC. © 2024 TechCrunch. All rights reserved. For personal use only. ​ In Brief Posted: 1:45 AM PST · November 13, 2024 Swedish buy now, pay later (BNPL) startup Klarna is on its way to becoming a public company. The fintech…

DeepL has made a name for itself with online text translation it claims is more nuanced and precise than services from the likes of Google — a pitch that has catapulted the German startup to a valuation of $2 billion and more than 100,000 paying customers. Now, as the hype for AI services continues to…

Tesla’s Cybertruck is facing its sixth recall since its launch a year ago.  The recall affects 2,431 units, including certain 2024 Cybertrucks built between November 6, 2023 and July 30, 2024. A report from Tesla found that those trucks are or were equipped with a faulty drive inverter.  “If the inverter stops producing torque, the…

Fitbit’s Ace LTE, the smartwatch designed for ages 7+, is introducing new features to help families stay connected and get active together.  On Wednesday, Fitbit announced a slew of new features, including group chats, family quests, a new mini-game, and two new watch faces. There’s also a new direct message feature for siblings to text…

Prosus aims to list fintech firm PayU in 2025 as the Dutch investor looks to shift more focus to India. On Wednesday it described the market as a pillar for its investment business after the stellar listing of food delivery and quick commerce firm Swiggy netted it gains of $2 billion.  PayU, which is wholly…

Creator subscription platform Patreon is making it a bit easier for fans to support their favorite creators this holiday season. The creator membership platform announced on Wednesday that it will roll out gift subscriptions, as well as functionality for creators to offer discounts for membership sign-ups. The gift subscription feature had previously been in testing…

Karl Iagnemma, an early pioneer in the autonomous vehicle industry who recently stepped down as president and CEO from Hyundai-backed Motional, is back in the AV and robotics game. Vecna Robotics, a Massachusetts-based startup that uses robots to handle materials in warehouses, has hired Iagnemma as CEO. The robotics startup, which has developed autonomous pallet…

Coaching platform Leland has raised $12 million in Series A funding led by Forerunner Ventures with participation from GSV ventures to grow its platform geared toward matching coaches and aspirants to fulfill goals ranging from getting into a university to passing an entrance exam and excelling at product management. The company aims to build better…

Nokia, once the world’s biggest mobile phone company but now mainly provider of infrastructure and services to telecoms carriers, has made an acquisition in its bid to be a bridge between the worlds of tech and telecoms: it’s acquiring Rapid, formerly known as RapidAPI, a startup that operates an API marketplace. Nokia will be integrating…

The European Union is developing compliance guidance for its new law on AI. As part of that process it’s launched a consultation (here) seeking input in two areas. The first is how the law defines AI systems (as opposed to “simpler traditional” software). It’s asking people in the AI industry, business, academic and civil society…