Tag Archives: TechCrunch

WP Engine files an injuction to get its WordPress.org access back

Web hosting provider WP Engine has filed an injunction in a court in North California, asking it to intervene and restore its access to the WordPress.org open-source repository. After WP Engine filed a lawsuit against WordPress co-creator Matt Mullenweg and … Continue reading

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Bluesky surges into the top 5 as X changes blocks, permits AI training on its data

Social networking startup Bluesky, which just reported a gain of half a million users over the past day, has now soared into the top 5 apps on the U.S. App Store and has become the No. 2 app in the … Continue reading

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Tesla’s Full Self-Driving software under investigation by federal safety regulator

The U.S. automotive safety regulator has opened a new investigation into Tesla’s Full Self-Driving (Supervised) software after four reported crashes in low-visibility situations. © 2024 TechCrunch. All rights reserved. For personal use only.

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Nebius to resume Nasdaq trading after severing ties with Russia and Yandex

Nebius, the company formerly known as Yandex that’s now focused on cloud infrastructure for AI uses (aka “AI compute”), is to begin trading on the public markets once again — more than two years after the Nasdaq halted trading due … Continue reading

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Byju’s founder says his edtech startup, once worth $22B, is now ‘worth zero’

Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth potential and that his startup, once valued at $22 billion, is now effectively worth “zero.” Speaking to … Continue reading

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The surprising way OpenAI could reportedly get out of its pact with Microsoft

The New York Times on Thursday published a look at the “fraying” relationship between OpenAI and its investor, partner, and, increasingly, rival, Microsoft, reporting their five-year romance has cooled owing to financial pressure on OpenAI, the amount of computing power … Continue reading

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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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