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HeadSpin, whose founder is in prison for fraud, sold to PE firm for ‘cents on the dollar,’ sources say

Canadian private equity firm PartnerOne has acquired HeadSpin in a fire sale, TechCrunch has learned exclusively. And most of its former employees received nothing for their options, according to multiple sources. HeadSpin is the mobile app testing company whose founder was sentenced to prison for fraud earlier this year. In total, HeadSpin raised $117 million […]

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Why Commonwealth Fusion Systems’ superconducting magnet sale is more than it seems

Commonwealth Fusion Systems is shipping a pair of its specialized magnets to the University of Wisconsin–Madison, the startup exclusively told TechCrunch. The move comes years before CFS anticipates starting its demonstration reactor, SPARC. It’s the first such deal, though possibly not the last, suggesting that the fusion sector has matured to the point where it

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WhatsApp now allows businesses to send authentication codes to users in India

WhatsApp now allows businesses to send authentication and login codes through its API to users in India. The company confirmed that it enabled this functionality in India starting July 1. Meta introduced this ability for merchants to authenticate users in other geographies last year. However, it started allowing these types of messages from organizations in

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Formlabs acquires 3D printing startup Micronics mid-Kickstarter campaign

Formlabs on Thursday announced its acquisition of 3D printing firm Micronics. The Wisconsin-based startup is as plucky as they come, with a headcount of exactly two. Co-founders Henry Chan and Luke Boppart will be joining the more established firm, as Formlabs works to incorporate Micronics’ accessible SLS approach to 3D printing. There are plenty of

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Uzbekistan mobile bank TBC raises $38.2M to expand its financial products

Uzbekistan’s only mobile-exclusive bank, TBC Bank Uzbekistan, owned by London Stock Exchange-listed TBC Bank Group, has raised $38.2 million in a fresh equity investment. It plans to expand its local presence in the country and introduce new financial products, as well. TBC Bank Group has led the latest funding in TBC Bank Uzbekistan by infusing

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NovoNutrients tweaks its bugs to turn CO2 into protein for people and pets

The easiest way for a person to eat carbon dioxide is by consuming vegetables. David Tze wants his startup’s protein to be a close second. Tze’s company, NovoNutrients, has been working on a way to use microbes to turn carbon dioxide into protein that can be used in food for humans and feed for animals.

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Google Maps is rolling out speedometer, speed limits on iPhone and CarPlay globally

Google Maps has introduced speedometer and speed limits on iOS and CarPlay — more than five years after their debut on Android — to help iPhone users avoid speed ticketing while driving. TechCrunch has exclusively learned that Google has begun rolling out speedometers and speed limits for iPhone users globally. When people start navigation on

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With $6M in seed funding, Enso plans to bring AI agents to SMBs

Running a small business means doing more with less. AI agents can help, but building custom agents for specific workflows remains challenging, even with today’s low-code/no-code tools. The idea behind Enso — which is came out of stealth by announcing a $6 million seed funding round Tuesday — is to give small and medium-sized businesses

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