Tag Archives: TechCrunch

Bench to be acquired after abruptly shutting down

Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be acquired by Employer.com for an undisclosed price in a last-minute deal, TechCrunch has exclusively learned. The … Continue reading

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Nvidia completes acquisition of AI infrastructure startup Run:ai

Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said its software, which currently only works with Nvidia products, will be open sourced, meaning Nvidia … Continue reading

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UK antitrust watchdog launches review of IBM’s HashiCorp takeover

The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties … Continue reading

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Mercedes-backed Volocopter files for bankruptcy

German electric air taxi company Volocopter has filed for bankruptcy protection, the latest in a string of similar startups to hit financial turbulence. The company plans to keep operating while it searches for new investors. “We are ahead of our … Continue reading

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Calo raises $25 million to expand its ready-to-eat meal service beyond the Middle East

A business built around increasingly customized ready-to-eat meals has netted Middle Eastern startup Calo a sizeable funding injection as it looks to expand both what it can offer its time-strapped customers and where it delivers its growing range of just-heat-to-eat … Continue reading

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Verizon says it has secured its network after breach by China-linked Salt Typhoon group

U.S. telecom giant Verizon says it has secured its network after being targeted by the China-linked Salt Typhoon cyberespionage group. In a statement given to TechCrunch on Sunday, Verizon spokesperson Richard Young said the company has “contained the cyber incident brought … Continue reading

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Nvidia’s next move: powering humanoid robots

The chipmaking giant Nvidia is leaning more heavily into robotics in 2025. More specifically, it’s launching a new generation of compact computers for humanoid robots, called Jetson Thor, in the first half of the new year, confims the Financial Times. … Continue reading

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AI data centers could be ‘distorting’ the US power grid

The proliferation of data centers aiming to meet the computational needs of AI could be bad news for the US power grid, according to a new report in Bloomberg. Using the 1 million residential sensors tracked by Whisker Labs, along … Continue reading

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India’s mobile payments dilemma

India’s payments regulator is set to decide as early as Monday whether to curb the dominance of Walmart’s PhonePe and Google in the nation’s fast-growing mobile payments market, a move that could reshape how its billion-plus population moves money. The … Continue reading

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Crypto industry groups sue IRS over broker reporting rule

Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are suing the Internal Revenue Service to block new regulations that require decentralized finance (DeFi) entities to report customer information. The IRS … Continue reading

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