Five years ago, as robotaxis and self-driving truck startups were still raking in millions in venture capital, Anthony Levandowski turned to off-road autonomy. Now, that decision — which brought the former Google engineer and serial entrepreneur back to the roots that helped launch his pioneering and controversial career — is starting to pay off. Pronto, […]
Two large Indian startups, Ola Electric and FirstCry, are set to test investor appetite with their public listings this month, but both have had to price their shares below their previous valuations as they come to terms with new market realities. Ola Electric, India’s biggest electric two-wheeler maker, aims to raise over $730 million by
Indian startups gut valuations ahead of IPO push Read More »
Look, we’ve all been there. You’re on a road trip and you pull off the highway for some food or fuel. And then Google Maps starts (rudely) yelling at you to get back on the road. The company has all the money and AI chips in the world and yet the app can’t just chill
Google Maps announces new features and somehow none of them are ‘pause navigation’ Read More »
German freight forwarding unicorn Sennder is on a roll. The company said on Tuesday that it is acquiring the European ground transportation assets of logistics giant C.H. Robinson in an all-cash deal. It did not disclose the financial terms of the deal, but a source close to the company told TechCrunch it is similar in
Sennder buys CH Robinson’s European business Read More »
Shared micromobility giant Lime is piloting two new vehicles designed to appeal to women and older folks who might appreciate a lower step-through frame, smaller wheels and an upgrade from pedal-assist. Lime has experimented with several new form factors over the years in a bid to capture customers and adapt to changing tastes and trends.
Lime is piloting two new e-bikes to attract more women and older riders Read More »
Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing in that vision almost as soon as the Ocean hit the road in 2023. Fisker cut production targets multiple times, failed to meet sales goals and laid
The fall of EV startup Fisker: A comprehensive timeline Read More »
As failed EV startup Fisker winds its way through bankruptcy, a persistent and tricky question has become a flashpoint of the proceedings: does its only secured lender Heights Capital Management deserve to be at the front of the line to reap the proceeds of a liquidation? Heights has maintained an unequivocal “yes.” But new information
The question haunting Fisker’s bankruptcy Read More »
U.S. airports are rolling out facial recognition technology to scan the faces of travelers before they board their flight. Americans, at least, get to opt out. More than 230 U.S. airports have already rolled out facial recognition technology, according to the website of U.S. Customs and Border Protection (CBP), the federal agency tasked with border
Yes, Americans can opt out of airport facial recognition. Here’s how Read More »
Bike-taxi startup Rapido has become the latest Indian startup to become a unicorn, or reach $1 billion in valuation. The eight-year-old firm has raised $120 million in a new funding round led by WestBridge Capital, according to a regulatory filing. The new capital, a Series E infusion, underscores Rapido’s growing prominence in India’s mobility sector
India’s Rapido becomes unicorn with fresh $120 million funding Read More »
A federal district court in New York has ruled that U.S. border agents must obtain a warrant before searching the electronic devices of Americans and international travelers crossing the U.S. border. The ruling on July 24 is the latest court opinion to upend the U.S. government’s long-standing legal argument, which asserts that federal border agents
US border agents must get warrant before cell phone searches, federal court rules Read More »
