Intel reverses course, opts not to spin out Intel Capital

Semiconductor giant Intel won’t spin out its venture arm, Intel Capital, after all. During Intel’s Q1 earnings call Thursday, Intel CEO Lip-Bu Tan said the company has reversed its decision to spin out its 34-year-old venture arm. Instead, Intel Capital will remain internal and continue to invest with Intel’s interests in mind. “We have made […]

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Intel mandates four days in the office

Intel says that it’ll require employees to work from the office four days a week, a shift from the company’s current policy. CEO Lip-Bu Tan made the announcement during Intel’s Q1 2025 earnings call on Thursday. Previously, Intel allowed staff to work from home two days a week, but Tan said that adherence to the […]

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Intel issues weak guidance, says it will slash expenses this year

In its first earnings report under the leadership of CEO Lip-Bu Tan, Intel said it plans to slash operational and capital expenses in the coming year.

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Meta lays off employees working on virtual reality in Reality Labs division

Meta has laid off employees in the company’s Reality Labs division that is tasked with developing virtual reality, augmented reality and wearable devices.

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Astro Teller is joining us at TechCrunch Disrupt 2025 in October

We are thrilled to announce that Astro Teller, the head honcho of Alphabet’s X, the Moonshot Factory, will be joining us as a featured speaker at TechCrunch Disrupt 2025, happening October 27-29 at Moscone West in San Francisco. The whole affair promises to be fun filled and rife with intel and insights that you won’t […]

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Evernote founder’s video startup mmhmm becomes Airtime, launches new products

Evernote founder Phil Libin is ready to liven up your video meetings. The entrepreneur’s video startup, mmhmm, launched in 2020 amid the pandemic, on Thursday unveiled its latest product: a video toolkit for online meetings called Airtime. The suite includes two related tools: a virtual camera that helps you appear more polished on video calls, […]

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Report: Neumann’s Flow raises $100M+, more than doubles valuation to $2.5B

Former WeWork CEO Adam Neumann has raised over $100 million in capital for his proptech startup, Flow, in a round that values that company at about $2.5 billion, Bloomberg reported on Thursday.  Citing anonymous sources familiar with the deal, Bloomberg reported that existing backer Andreessen Horowitz (a16z) participated in the financing. Neumann told Bloomberg that […]

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OpenAI wants its ‘open’ AI model to call models in the cloud for help

For the first time in roughly five years, OpenAI is gearing up to release an AI system that’s truly “open,” meaning it’ll be available for download at no cost and not gated behind an API. TechCrunch reported on Wednesday that OpenAI is aiming for an early summer launch, and targeting performance superior to open models […]

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Pope Francis’ funeral to stream on YouTube

The funeral of Pope Francis will be livestreamed on YouTube on Saturday. Pope Francis passed away earlier this week at age 88 due to a stroke and cardiac arrest. Vatican News’ YouTube channel will begin coverage of the funeral at 10 AM CET/4 AM ET, with availability in English, Italian, Spanish, French, Portuguese, and German. […]

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Flex acquires a16z-backed Maza for $40M as fintech M&A heats up

Flex, a startup that offers personal finance software for business owners, has acquired Maza, a finance app aimed at Spanish speakers in the U.S., for $40 million, the companies told TechCrunch exclusively. At first glance, the pairing may seem a bit curious. Flex’s software and payments infrastructure is to help business owners have a single […]

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