In 2024, it seems like no week goes by without a media organization, author group, or artist suing generative AI companies for using their work to train models without permission. The issue is, of course, that there’s still no clear framework on what constitutes copyright violation in the context of training GenAI. While these cases […]
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized
A comprehensive list of 2024 tech layoffs Read More »
Major investor Prosus has written off the worth of its 9.6% stake in edtech firm Byju’s to zero, signaling a loss of confidence in the once-most valued Indian startup. Prosus, the largest external investor in Byju’s, wrote off the startup “due to the significant decrease in value for equity investors,” it disclosed in its earnings
Prosus zeroes out 9.6% Byju’s stake Read More »
When former YouTube product manager Kevin Xu, known as “Sir Jack A Lot” on Reddit, turned $35,000 into $8 million trading stocks between 2020 and 2022, many people thought his fortunes, and his way of investing, had peaked, just like 2021’s memestock craze had. Xu doesn’t agree, though, and he’s now building a startup for
Sir Jack A Lot returns with a startup for retail traders Read More »
Ali Rathod-Papier has stepped down from her role as global head of compliance at corporate card expense management startup Brex to join venture firm Andreessen Horowitz (a16z) as a partner and compliance officer, TechCrunch has exclusively learned. Rathod-Papier and a16z declined to comment on the move. According to her LinkedIn profile, Rathod-Papier now “oversees a16z’s
We’re out-of-this-world excited to announce that we’ve added a dedicated Space Stage to TechCrunch Disrupt 2024. It joins Fintech, SaaS and AI as the other industry-focused stages — all under one big roof. And we’re excited to share we’ll be hosting a pitch competition this year “The Space Challenge, powered by Aerospace” as part of
Announcing the agenda for the Space Stage at TechCrunch Disrupt 2024 Read More »
Paris-based VC firm Breega has observed Africa’s tech ecosystem mature over the years. From receiving less than a billion dollars in venture capital per year to a record-high $6 billion, there’s also been an increase in high-growth companies, from one unicorn to seven within the span of three years. Now the VC wants to put
General Catalyst, a Silicon Valley-based venture capital group, is expanding its presence in India by joining forces with local venture firm, Venture Highway, and earmarking $500 million to $1billion for investments in the country. Venture Highway’s investments include social commerce startup Meesho and B2B industrial marketplace Moglix. The two firms were said to be in talks
General Catalyst merges with Venture Highway in India push Read More »
Zal Bilimoria has been a solo general partner since 2018, and has no plans to stop. And he credits the decision to former colleague, David Lee, who started Refactor Capital with him in 2016. He said that he would not have been able to start the Burlingame-based firm without Lee, a former Google executive who
Golf has exploded in popularity in recent years thanks to the pandemic and the popularity of Netflix’s Full Swing documentary series. More than 531 million rounds of golf were played in the U.S. in 2023 alone, according to the National Golf Foundation. Because of this surge in interest, golfers are finding that nabbing a tee
Loop Golf looks to take the stress out of booking a tee time Read More »
