Tag Archives: TechCrunch

US users dumped RedNote after Trump paused the TikTok ban

In the days leading up to the TikTok ban in the U.S. on Sunday, U.S. users flooded the Chinese app RedNote, which offered a similar experience to their favorite short-form video app. The app, which is listed in the U.S. … Continue reading

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Flip, the TikTok Shop rival, launches a creator fund that grants up to $100M of equity

Flip is a social commerce app that lets shoppers become creators. They can share honest reviews and earn cash based on engagement on the platform. As Flip competes with TikTok Shop and other platforms in a highly competitive market, it … Continue reading

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Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end

Meta CEO Mark Zuckerberg said that the company plans to significantly up its capital expenditures this year as it aims to keep pace with rivals in the cutthroat AI space. In a Facebook post Friday, Zuckerberg said that Meta expects … Continue reading

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OpenAI’s Stargate project reportedly doesn’t have the money it needs

Stargate — the massive infrastructure project to build data centers for OpenAI in the U.S. — lacks a fully developed plan and hasn’t secured funding yet, according to a report from the Financial Times. Backed by OpenAI, SoftBank, Middle East … Continue reading

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Apple admits next-gen CarPlay is late, but still in development

Though Apple rarely misses self-imposed deadlines, it’s done so with the next-generation CarPlay. The company originally teased the update back in 2022. With this new version, CarPlay will integrate seamlessly with the instrument cluster to provide information on speed, climate … Continue reading

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LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M

LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that … Continue reading

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Apple introduces a new API to support more in-app purchase formats

Apple announced on Thursday a new API called the Advanced Commerce API to support more in-app purchase formats, such as subscriptions and content add-ons. The company added that it is not changing the commission structure to support these use cases. “The App Store … Continue reading

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US indicts five individuals in crackdown on North Korea’s illicit IT workforce

The multi-year scheme saw the defendants generate hundreds of thousands in revenue. © 2024 TechCrunch. All rights reserved. For personal use only.

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Tata acquires 60% stake in Apple partner Pegatron’s India unit

Tata Electronics has acquired a 60% controlling stake in the Indian arm of Apple assembly partner, Pegatron, as the conglomerate expands its iPhone manufacturing capacity in the country. Taiwan-based Pegatron operates an iPhone production plant near Chennai in India’s sourthern … Continue reading

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Madrona just announced its biggest fund ever, closing on $770M as other venture funds grow smaller

Seattle-based Madrona Capital is celebrating its 30 years in business by raising $770 million in fresh capital. This is the firm’s largest fundraise to date, exceeding $690 million across two funds Madrona closed in 2022.  While an 11% capital pool … Continue reading

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