Tag Archives: TechCrunch

Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn

Posted on April 26, 2024 by Techme101

Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised the same amount in December 2021. That was the peak of the … Continue reading →

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Defense startup True Anomaly lays off around 25%, cancels summer internship

Posted on April 26, 2024 by Techme101

Space and defense startup True Anomaly has laid off around 25% of its workforce and cancelled its summer internship program, TechCrunch has learned. © 2024 TechCrunch. All rights reserved. For personal use only.

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Boeing’s Starliner set to fly astronauts for the first time on May 6

Posted on April 25, 2024 by Techme101

This will mark Starliner’s second flight to the ISS: The first, an uncrewed mission called Orbital Flight Test-2, took place in May 2022. © 2024 TechCrunch. All rights reserved. For personal use only.

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Snap says total watch time on its TikTok competitor increased more than 125%

Posted on April 25, 2024 by Techme101

As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. Snapchat launched the TikTok-like feed in late 2020 as a way to compete with the rising … Continue reading →

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It’s a sunny day for Google Cloud

Posted on April 25, 2024 by Techme101

Google Cloud, Google’s cloud computing division, had a blockbuster fiscal quarter, blowing past analysts’ expectations and sending Google parent company Alphabet’s stock soaring 13%+ in after-hours trading. Google Cloud revenue jumped 28% to $9.57 billion in Q1 2024, bolstered by … Continue reading →

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Rubrik’s shares end trading up almost 16% on the company’s public debut

Posted on April 25, 2024 by Techme101

This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88% from its last primary valuation of $3.5 billion in 2019. © 2024 TechCrunch. All rights reserved. For personal use only.

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Health insurance giant Kaiser notifies millions of a data breach

Posted on April 25, 2024 by Techme101

Kaiser, one of the largest healthcare organizations in the United States, said it was notifying 13.4 million members of a data breach earlier in April. © 2024 TechCrunch. All rights reserved. For personal use only.

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Sanctuary’s new humanoid robot learns faster and costs less

Posted on April 25, 2024 by Techme101

Sanctuary AI often isn’t mentioned in the same breath as humanoid robotics firms like Boston Dynamics, Agility, Figure and 1X, but the Canadian company has been operating in the space for some time. In fact, a new robot introduced on … Continue reading →

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Breaking down TikTok’s legal arguments around free speech, national security claims

Posted on April 25, 2024 by Techme101

Social media platform TikTok says that a bill banning the app in the U.S. is “unconstitutional” and that it will fight this latest attempt to restrict its use in court. The bill in question, which President Joe Biden signed Wednesday, … Continue reading →

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Gen Z is losing its political voice on social media

Posted on April 25, 2024 by Techme101

President Joe Biden signed the bill this week that could ban TikTok from the U.S. if its parent company ByteDance doesn’t sell the platform. According to young political content creators, the ban could decimate Gen Z’s access to political news … Continue reading →

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