Tag Archives: TechCrunch

Former watch trader is now building the AWS of grid storage, Terralyr

The startup’s technology is a twist on the virtual power plant concept, in which batteries are aggregated and portions of the whole are sold off to various customers. © 2024 TechCrunch. All rights reserved. For personal use only.

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Amazon indicates employees can quit if they don’t like its return-to-office mandate

AWS CEO Matt Garman has harsh words for remote workers: return to the office or quit. The Amazon executive recently told employees who don’t like the new five-day in-person work policy that, “there are other companies around,” presumably companies they … Continue reading

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Automattic offered employees another chance to quit — this time with nine months’ severance

Days after 159 people accepted Automattic CEO Matt Mullenweg’s offer of a six-month severance package to employees who wanted to leave, the company floated a new offer late on October 16 of a nine-month severance package to anybody who quit … Continue reading

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General Catalyst reportedly to back Saudi Arabian startup

Despite Saudi Arabia’s record of human rights abuses, some investors are warming up to investing in the country’s startups. General Catalyst is planning to invest in a Saudi Arabia-based fintech startup, Lean Technology, the firm’s first investment in the Middle … Continue reading

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Stripe in talks to acquire Bridge for $1 billion

Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes. The talks are reportedly in advanced stages, although nothing has been finalized.  Bridge, cofounded by Coinbase alumni Zach Abrams and Sean Yu, has … Continue reading

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Elon Musk’s X is changing its privacy policy to allow third parties to train AI on your posts

On Wednesday, social network X (formerly Twitter) updated its Privacy Policy to indicate that it would allow third-party “collaborators” to train their AI models on X data, unless users opt out. While X owner Elon Musk trained xAI’s Grok AI … Continue reading

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Sam Altman’s Worldcoin becomes World and shows new iris-scanning Orb to prove your humanity

Worldcoin, the Sam Altman co-founded “proof of personhood” crypto startup that scans people’s eyeballs, announced on Thursday that it dropped the “coin” from its name and is now just “World.” The startup also unveiled its next generation of iris-scanning “Orb” … Continue reading

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All mobile phones must be hearing aid compatible under new FCC rules

The FCC Thursday issued rules requiring that all mobile phones — including smartphones — sold in the U.S. be compatible with hearing aids. The news comes two years after the FDA made hearing aids available to all Americans without a … Continue reading

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Microsoft said it lost weeks of security logs for its customers’ cloud products

Missing logs could make it more difficult to identify unauthorized access to the customers’ networks during that two-week window. © 2024 TechCrunch. All rights reserved. For personal use only.

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Marc Benioff warns that AI, while useful, is overhyped and partly blames Microsoft

One of the tech industry’s biggest hype men, Salesforce CEO Marc Benioff, is psyched about AI, but points out that it hasn’t cured cancer. © 2024 TechCrunch. All rights reserved. For personal use only.

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