Tag Archives: TechCrunch

Hindustan Unilever acquires Peak XV-backed Minimalist for over $340M

Hindustan Unilever has agreed to acquire beauty startup Minimalist for about $342 million, marking its latest push to expand in India’s fast-growing premium skincare market. The consumer goods giant will initially acquire a 90.5% stake in the four-year-old direct-to-consumer brand … Continue reading

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Indian fintech Jar turns cash flow positive

Indian fintech Jar has turned cash flow positive, an executive at the Tiger Global-backed startup confirmed on Wednesday. The three-year-old startup, which offers savings and investment services to consumers, achieved the milestone while still growing by more than 10 times … Continue reading

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Vertice raises $50M for its AI-powered SaaS spend platform

London startup Vertice has made a name for itself over the years in the very crowded world of expense management with a focus on applying AI to optimize a single area where businesses, collectively, are currently sinking hundreds of billions … Continue reading

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Truecaller brings real-time caller ID to iPhone users

Truecaller for iOS has been updated with live caller ID support for its premium iPhone users. © 2024 TechCrunch. All rights reserved. For personal use only.

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Trump pardons Silk Road creator Ross Ulbricht

President Trump on Tuesday pardoned Ross Ulbricht, the creator of the infamous dark web exchange Silk Road, which was best known as a once-thriving online marketplace for illegal drugs. Trump announced the news in a Truth Social post, saying the … Continue reading

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MrBeast is reportedly now among those trying to buy TikTok

An unlikely group, including Mr Beast and Bench acquirer Employer.com, has submitted a bid to buy TikTok. © 2024 TechCrunch. All rights reserved. For personal use only.

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Meta COO Sheryl Sandberg sanctioned by judge for allegedly deleting emails

A Delaware judge has sanctioned Sheryl Sandberg, Meta’s former COO and board member, for allegedly deleting emails related to the Cambridge Analytica privacy scandal. The decision arises from a case Meta shareholders brought against Sandberg and another former Meta board … Continue reading

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Microsoft is no longer OpenAI’s exclusive cloud provider

Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models. No longer. Coinciding with the announcement of Stargate, OpenAI’s massive new AI infrastructure deal with SoftBank, Oracle, and others, Microsoft says … Continue reading

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OpenAI teams up with SoftBank and Oracle on $500B data center project

OpenAI says that it will team up with Japanese conglomerate SoftBank and with Oracle, along with others, to build multiple data centers for AI in the U.S. The joint venture, called The Stargate Project, will begin with a large data … Continue reading

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Scale AI’s Alexandr Wang has published an open letter lobbying Trump to invest in AI

Scale AI’s CEO Alexandr Wang has five recommendations for President Trump to keep the US ahead of China on AI. © 2024 TechCrunch. All rights reserved. For personal use only.

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