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Tag Archives: TechCrunch
Fintech giant Stripe’s valuation spikes to $65B in employee stock-sale deal
Payments infrastructure giant Stripe said today it has inked deals with investors to provide liquidity to current and former employees through a tender offer at a $65 billion valuation. Notably, the valuation represents a 30% increase compared to what Stripe … Continue reading
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MWC 2024: Everything announced so far, including Nothing Phone (2a), 4FYN pitch finalists
The TechCrunch team is in Barcelona this week to bring you all the action going on at Mobile World Congress 2024. © 2024 TechCrunch. All rights reserved. For personal use only.
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The five finalists to emerge from the Four Years From Now 2024 pitch competition
Long ago Mobile World Congress, which we’ve been covering all week, absorbed a side event for startups, the idiosyncratically named “Four Years From Now”. The event is now well and truly inside the Borg Starship that is MWC, and every … Continue reading
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Reliance and Disney merge their India media businesses
Reliance, its portfolio Viacom18 and Disney are merging their media businesses in India, creating the largest media entity in the South Asian market. Reliance will control and own 16.34% of the joint venture, which it has valued at $8.5 billion. … Continue reading
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Diffusion transformers are the key behind OpenAI’s Sora — and they’re set to upend GenAI
OpenAI’s Sora, which can generate videos and interactive 3D environments on the fly, is a remarkable demonstration of the cutting edge in GenAI — a bonafide milestone. But curiously, one of the innovations that led to it, an AI model … Continue reading
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Deel, the $12B HR startup, acquires Zavvy to step up consolidation play
Consolidation is afoot in the world of HR services, with larger players snapping up interesting, smaller startups en route to more robust unit economics and providing one-stop shops for customers looking to cut down on suppliers. In the latest development, … Continue reading
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MWC 2024: Nothing enters the budget range with Phone (2a)
Nothing isn’t one to be quiet about new releases. The London-based phone company’s media push largely relies on trickling out information about devices bit by bit. It’s been a solid strategy thus far (if a bit annoying as someone who … Continue reading
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Thrasio, once king of e-commerce aggregation, files for Ch.11
Thrasio, the U.S. start-up that raised billions of dollars and popularized the concept of e-commerce aggregation — buying up and restructuring dozens of smaller brands and third parties selling on marketplaces like Amazon in a bid for better economies of … Continue reading
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Dailyhunt in talks to acquire social network startup Koo
Media startup DailyHunt is in advanced stages of talks to acquire the Bengaluru-headquartered social network Koo, two sources familiar with the matter told me. The potential deal under discussion involves a share-swap agreement and could be finalized within weeks, the … Continue reading
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Bumble cuts ~350 employees as dating apps face a reckoning
Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue. While up from the same period a year ago, earnings … Continue reading
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