Tag Archives: TechCrunch

Lucid Motors will only build 9,000 EVs in 2024 after once predicting it would ship 90,000

Lucid Motors plans to build just 9,000 electric vehicles in 2024, only 500 to 1,000 more than it made in 2023, as it struggles with demand for its luxury sedans. If it sticks to that number, that means Lucid will … Continue reading

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Discord took no action against server that coordinated costly Mastodon spam attacks

Over the weekend, hackers targeted federated social networks like Mastodon to carry out ongoing spam attacks that were organized on Discord, and conducted using Discord applications. But Discord has yet to remove the server where the attacks are facilitated, and … Continue reading

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Rivian lays off 10% of workforce as EV pricing pressure mounts

Rivian is laying off 10% of its salaried workforce in a bid to cut costs in an increasingly tough market for electric vehicles, putting even more pressure on its future, more affordable EV called the R2. A limited number of … Continue reading

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India spurs space sector investment with raised limits on foreign funding

India has updated official rules in the space sector to attract global investors and companies, after opening it up to private players four years ago. The new foreign direct investment (FDI) policy raises limits on foreign investment, potentially spurring renewed … Continue reading

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Hundreds of AI luminaries sign letter calling for anti-deepfake legislation

Hundreds in the artificial intelligence community have signed an open letter calling for strict regulation of AI-generated impersonations, or deepfakes. While this is unlikely to spur real legislation (despite the House’s new task force), it does act as a bellwether … Continue reading

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In a reversal, Apple is now demanding 30% of the donations to meditation app Insight Timer’s teachers

The CEO of meditation app Insight Timer, Christopher Plowman, is frustrated. He doesn’t think the teachers who leverage his app’s marketplace to reach their students should have to share 30% of their income with Apple — its commission on in-app … Continue reading

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Varaha helps Indian farmers reduce climate-harming practices like burning crop residue and flooding rice fields

The voluntary carbon offset market will reach $250 billion by 2050 from $2 billion in 2020, according to estimates made by Morgan Stanley. However, awareness of the monetary and environmental benefits associated with carbon credits is low. Generally speaking, carbon … Continue reading

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NodeShift wants to challenge the hyperscalers with its decentralized cloud

When the large cloud providers have excess compute capacity, they tend to discount it through programs like AWS’s and Azure’s spot instances. Any time a server idles, it isn’t making the company money, after all. NodeShift aims to take this … Continue reading

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Waymo’s application to expand California robotaxi operations paused by regulators

Waymo’s application to expand its robotaxi service in Los Angeles and San Mateo counties has been suspended for 120 days by the California Public Utilities Commission’s Consumer Protection and Enforcement Division. The decision doesn’t change Waymo’s ability to commercially operate … Continue reading

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Empowerly secures $15M for its college counseling services

Empowerly, an edtech startup that specializes in college counseling and career guidance services, raised $15 million in a recent funding round led by Conductive Ventures, the company announced today. The new capital will go toward growing its services, building out … Continue reading

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