On Monday, while tech billionaires like Elon Musk and Mark Zuckerberg sat on stage for President Donald Trump’s inauguration, dozens of founders were at parties all across DC, trying to get an audience with the new president’s inner circle. To hear them tell it, it wasn’t all that hard. Valar Atomics founder Isaiah Taylor spent […]
Startup founders flooded inauguration parties hopeful for dealmaking Read More »
Friend, a startup creating a $99, AI-powered necklace designed to be treated as a digital companion, has delayed its first batch of shipments until Q3. Friend had planned to ship devices to pre-order customers in Q1. But according to co-founder and CEO Avi Schiffman, that’s no longer feasible. “As much as I would liked to
Friend delays shipments of its AI companion pendant Read More »
As if losing your job when the startup you work for collapses isn’t bad enough, now a security researcher has found that employees at failed startups are at particular risk of having their data stolen. This ranges from their private Slack messages to Social Security numbers and, potentially, bank accounts. The researcher who discovered the
With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home. CNBC first reported on Perplexity’s interest. A source with knowledge of the offer confirmed to TechCrunch that Perplexity (whose CEO Aravind Srinivas is pictured above) has submitted a bid to
Perplexity AI submits bid to merge with TikTok Read More »
Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the
Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle Read More »
Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations today. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe
Perplexity acquires Read.cv, a social media platform for professionals Read More »
Bench, the accounting startup that imploded over the holidays, filed for bankruptcy in Canada on January 7 revealing massive debts, documents seen by TechCrunch show. The filings — one for Bench and another for 10Sheet, Bench’s original name — show that Bench had $2.8 million in cash on hand by the end of its life
Failed fintech startup Bench racked up over $65 million in debt, documents reveal Read More »
Goldman Sachs is one of the biggest investment banker “book runners” for IPOs – where banks are paid many millions of dollars for each listing they underwrite. Yet CEO David Solomon told attendees of the Cisco AI Summit in Palo Alto that startups should reconsider the idea of going public, reports the Financial Times. Solomon
Goldman Sachs’ David Solomon tells startups to reconsider going public Read More »
On Thursday Anduril announced it is building its massive weapons factory, Arsenal-1, in Columbus, Ohio, confirming TechCrunch’s earlier reporting. In a blog post, the company said that it will invest close to $1 billion of its own money into the project and that the factory will be five million square feet. The post also claims
Anduril to build its billion-dollar weapons megafactory in Ohio Read More »
In the last few weeks, PayPal-owned Honey, which claims to find you the best coupon codes for a deal, has been at the center of controversy. Allegedly, the tool sneakily earned affiliate money by changing attributes of product links creators posted on their videos. At the center of it, the problem was how affiliate links
Dub.co is an open-source URL shortener and link attribution engine packed into one Read More »
