Tag Archives: TechCrunch

Hertz is selling 20,000 EVs and replacing them with gas cars

Hertz is selling off a third of its electric vehicle fleet, which is predominantly made up of Teslas, and will buy gas cars with some of the money it makes from the sales. The company cited lower demand for EVs … Continue reading

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UK insurtech Hyperexponential raises $73M and eyes US expansion

Hyperexponential, a London-based insurance technology (insurtech) startup that serves the property-casualty (P&C) insurance industry with “decision intelligence” for pricing, has raised $73 million in a Series B equity round of funding. Boston-based venture capital (VC) firm Battery Ventures led the … Continue reading

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Microsoft expands EU data localization efforts to cover system logs

Microsoft has ticked off the second phase of its rollout of a data localization offering in the European Union. The latest deployment to the “EU Data Boundary for the Microsoft Cloud”, as it brands the infrastructure, kicked off in at … Continue reading

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ByteDance is shutting down its music streaming service Resso in India

ByteDance is shutting down its music streaming service Resso in India at the end of this month as the company shifts its focus to expand TikTok Music globally. Notably, Resso was one of the last active properties for Bytedance in … Continue reading

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Google Cloud rolls out new gen AI products for retailers

Google wants to inject a little generative AI into retail. Or to try, at least. To coincide with the National Retailer Association’s annual conference in NYC, Google Cloud today unveiled new gen AI products designed to help retailers personalize their … Continue reading

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D-Orbit raises $110M to reach new heights in space logistics services

Logistics has become the cornerstone of how so much works on earth — we may order things online, but ultimately we need to get products and ourselves from A to B — and some believe that logistics models will be … Continue reading

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Finn raises $109M on a $658M valuation, taking its car subscription platform up another gear

Finn, a startup based out of Munich that operates a platform for new car subscriptions — an alternative to buying or leasing for those who want to drive new vehicles — has raised a sizable round of growth funding, money … Continue reading

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Is India done with crypto?

It wasn’t long ago when Indian venture capitalists were scrambling to establish their crypto credentials. Ethereum wallet addresses adorned Twitter profiles. Over a dozen VC firms scrambled to publish their own web3 investment theses, some even lowering their high bar … Continue reading

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Google cuts hundreds of jobs in its voice assistance, hardware teams as Fitbit founders leave

Google is laying off hundreds of employees across multiple divisions including engineering and services. The affected divisions include voice-activated Google Assistant as part of the knowledge and information product team restructuring; and the Devices and Services PA (DSPA) team that … Continue reading

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Meta faces another EU privacy challenge over ‘pay for privacy’ consent choice

Adtech giant Meta’s bid to keep tracking and profiling users of Facebook and Instagram in Europe in spite of the bloc’s comprehensive data protection laws is facing a second challenge from privacy rights advocacy group noyb. It’s supporting a new … Continue reading

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