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Tag Archives: TechCrunch
Delivery app Glovo bends to Spain’s Riders Law, will hire thousands of couriers
Glovo, a Spanish delivery app owned by Germany’s Delivery Hero, has bowed to pressure over labor rights in its home market. The company announced Monday it will hire around 15,000 riders — most of them are currently “self employed” according … Continue reading
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UK antitrust suit hits Microsoft with claim for $1.25B in cloud fees damages
Microsoft is in the crosshairs of a U.K. competition class-action style lawsuit that’s seeking £1 billion (around $1.25 billion at current exchange rates) in damages. It revolves around accusations related to fees the software giant charged businesses and other organizations … Continue reading
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US agency proposes new rule blocking data brokers from selling Americans’ sensitive personal data
The U.S. consumer protection agency said it’s closing the loophole to block the “widespread evasion” of federal law by data brokers. © 2024 TechCrunch. All rights reserved. For personal use only.
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US government contractor ENGlobal says operations are ‘limited’ following cyberattack
ENGlobal Corporation, a provider of engineering and automation services to the U.S. energy sector and federal government, says it has restricted access to its IT systems following a cyberattack, limiting the company to essential business operations only. In an 8-K … Continue reading
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Orakl Oncology combines data and biology to bring new drugs to cancer patients
Cancer incidence is on the rise, particularly among younger adults, but most new drug compounds fail to progress through clinical trials. According to French entrepreneur Fanny Jaulin (on the right in the picture above), the problem lies with clinical trial … Continue reading
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KPay, a financial management platform for SMEs, raises $55M Series A
Sometimes, the easiest way to find a great idea for a startup is to look beyond the current problem you’re solving for your customers. That’s exactly what worked for the founders of KPay. Davis Chan and his co-founders previously helped … Continue reading
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The race is on to make AI agents do your online shopping for you
Millions of Americans will pop open their laptops to buy gifts this holiday season, but tech companies are racing to turn the job of online shopping over to AI agents instead. Perplexity recently released an AI shopping agent for its … Continue reading
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Judge confirms decision to sink Elon Musk’s $56B pay package despite Tesla shareholder vote
Delaware Chancery court judge Kathaleen McCormick has denied Tesla’s request to revise her decision to strike down CEO Elon Musk’s $56 billion pay package — despite shareholders voting at the company’s annual meeting this year to “re-ratify” the deal. Her … Continue reading
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Threads takes on Bluesky with more advanced search
Meta’s X competitor Instagram Threads is gaining an improved search interface, the company announced on Monday. The app, which offers a Meta-run alternative to Elon Musk’s X, but built on top of Instagram’s social graph, is rolling out a new … Continue reading
GM offloads one of its battery factories to joint venture partner LGES
General Motors is selling its stake in the nearly completed Ultium Cells battery cell plant in Lansing, Michigan to its joint venture partner LG Energy Solution. GM’s step back from the factory comes amid weakening electric vehicle demand and the … Continue reading
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