Accel eyes stake in India’s Truemeds at $330 million valuation

According to half a dozen sources, Accel, the global venture firm, is in advanced discussions to lead a funding round of $30 million to $40 million in Truemeds, an Indian online pharmacy that’s focused on providing customers with more affordable generic alternatives to costly branded medications. The talks are currently centered on a proposed valuation […]
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US ‘click to cancel’ rule to ban subscription traps

New rule requires businesses to make subscribing and cancelling subscriptions equally simple.

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Meta’s AI chief says world models are key to ‘human-level AI’ — but it might be 10 years out

Are today’s AI models truly remembering, thinking, planning, and reasoning, just like a human brain would? Some AI labs would have you believe they are, but according to Meta’s chief AI scientist Yann LeCun, the answer is no. He thinks we could get there in a decade or so, however, by pursuing a new method […]
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Meta lays off employees across multiple teams

Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. The layoffs appear to have hit employees working on Threads, recruiting, legal operations, and design, among other teams, according to social media posts announcing the layoffs […]
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ODD taps $27M for diamond chips to clear radioactive debris at Fukushima Daiichi Nuclear Power Plant

Back in 2011, the world held its breath after the Fukushima Daiichi nuclear plant in Japan suffered a failure of its cooling systems, in the wake of the country getting hit by a 9.0 magnitude earthquake and tsunami. The worry was not unfounded: the resulting meltdown — which spread highly radioactive material in multiple directions […]
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How does WhatsApp make money? It’s free – with some tricks

We all use messaging apps such as Whatsapp for free, but what’s in it for them?

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Apple reportedly worked with a Chinese automaker to develop a battery for its now-canceled car

Apple worked with a Chinese automaker for years to design a battery system for its now-canceled car project. That’s according to Bloomberg, which reports that Apple was collaborating with BYD Co., a Shenzhen-based car company, to develop batteries using lithium iron phosphate (LFP) cells. Apple contributed engineering expertise, specifically in areas like heat management and […]
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The Analogue 3D drags the fondly remembered N64 into the 21st century

Who among us (and by “us” I mean elder millennials) does not remember the glory days of Goldeneye deathmatches after school? It’s one experience that has been difficult to reproduce despite the march of technology — but retro gaming hardware outfit Analogue’s latest, a ground-up recreation of the N64 called the 3D, will likely be […]
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The 6 Best Nonprofit Credit Card Processing Tools Evaluated for 2024

We’ve put together a round-up of top nonprofit credit card processors, an overview of their benefits, downsides, and a brief breakdown of the optimal use cases for each.

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SpaceX sues California agency, alleging political bias against Musk and regulatory overreach

SpaceX has filed a lawsuit against a California agency this week after the body rejected a proposal to increase the company’s launches from the state’s coastline to 50 per year.  The California Coastal Commission (CCC) made its decision at an October 10 meeting, despite the U.S. Air Force endorsing the plan on the grounds that […]
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