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TechCrunch

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TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.

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http://techcrunch.com

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Post News, the a16z-funded Twitter alternative, is shutting down

21:16
Post News, a microblogging site that emerged in the days after Elon Musk’s Twitter acquisition, is shutting down just a year and a half after launching in beta. Founder Noam Bardin, previously CEO of Waze, broke the news in a post on Friday. “At the end of the day, our service is not growing fast […] © 2024 TechCrunch. All rights reserved. For personal use only.

Startups Weekly: Is the wind going out of the AI sails?

21:16
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. After years of booming growth, the AI industry is now experiencing a significant slowdown in investment, as detailed in a recent report from Stanford’s Institute for […] © 2024 TechCrunch. All rights reserved. For personal use only.

MarketForce winds down its B2B e-commerce arm

21:16
Kenyan B2B e-commerce company MarketForce is winding down its B2B e-commerce business that served informal merchants (mom-and-pop stores) after a turbulent two-year period that saw it scale down operations severely. The shutdown of the B2B e-commerce arm dubbed RejaReja comes months after MarketForce withdrew the service from all its markets, including Nigeria and Kenya, save […] © 2024 TechCrunc…

Wall Street doesn’t seem too keen on a potential Salesforce-Informatica pairing

19:32
Amid rumors that Salesforce is interested in buying Informatica, investors aren't taking kindly to the potential pairing. © 2024 TechCrunch. All rights reserved. For personal use only.

Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey

19:32
Midas, a fintech startup that allows people in Turkey to invest in U.S. and Turkish equities, says it has raised $45 million in a funding round led by Portage Ventures of Canada. The startup is aimed at Turkey’s retail investor market and claims to have more than 2 million users. Its pitch is that it […] © 2024 TechCrunch. All rights reserved. For personal use only.

Pitch Deck Teardown: Geodesic.Life’s $500K pre-seed deck

19:01
While Geodesic.Life’s deck impresses with its aesthetic design, featuring a tasteful color palette, appealing illustrations and a concise text, it does have some crucial shortcomings. © 2024 TechCrunch. All rights reserved. For personal use only.

TechCrunch Minute: Meta’s new Llama 3 models give open-source AI a boost

18:28
New AI models from Meta are making waves in technology circles. The two new models, part of the Facebook parent company’s Llama line of artificial intelligence tools, are both open-source, helping them stand apart from competing offerings from OpenAI and other well-known names. Meta’s new Llama models have differently sized underlying datasets, with the Llama […] © 2024 TechCrunch. All rights res…

Tesla’s newsy week, and is fintech having a moment?

16:19
It’s been more than a minute since Tesla went public, but the EV company was inescapable on TechCrunch this week. From layoffs to pricing changes and more, it was a week dyed deeply in Tesla colors so we had to chat through the latest. But that was just one element of what we got into […] © 2024 TechCrunch. All rights reserved. For personal use only.

Webflow acquires Intellimize to add AI-powered webpage personalization

15:14
Webflow, a web design and hosting platform that’s raised over $330 million at a $4 billion valuation, is expanding into a new sector: marketing optimization. Today, Webflow announced that it acquired Intellimize, a startup leveraging AI to personalize websites for unique visitors. The terms of the deal weren’t disclosed. But a source familiar with the […] © 2024 TechCrunch. All rights reserved. F…

A16z promotes Jennifer Li to help lead the new $1.25B Infrastructure fund

15:14
Silicon Valley powerhouse venture capital firm Andreessen Horowitz just promoted Jennifer Li to general partner to help lead infrastructure investments. © 2024 TechCrunch. All rights reserved. For personal use only.

Langdock raises $3M with General Catalyst to help companies avoid vendor lock-in with LLMs

14:41
Plenty of large corporations want to join the AI revolution, but many feel it’s too early to be locked into one foundational model. That means there’s a market for a layer between companies and Large Language Models (LLMs) — something companies can use to pick LLMs easily without needing to commit for all time to […] © 2024 TechCrunch. All rights reserved. For personal use only.

Meta AI is restricting election-related responses in India

14:07
Last week, Meta started testing its AI chatbot in India across WhatsApp, Instagram, and Messenger. But with the Indian general elections beginning today, the company is already blocking specific queries in its chatbot. Meta confirmed that it is restricting certain election-related keywords for AI in the test phase. It also said that it is working […] © 2024 TechCrunch. All rights reserved. For pe…

Apple pulls WhatsApp, Threads from China App Store following state order

14:07
Apple has removed the Meta-owned end-to-end encrypted messaging app WhatsApp from its App Store in China following a government order citing national security concerns, the news agency Reuters reported Friday. Meta’s newer, Twitter-esque text-based social networking app, Threads, has also been pulled from the App Store for the same reason, it said. “The Cyberspace Administration […] © 2024 TechCr…

Tesla recalls the Cybertruck for faulty accelerator pedals that can get stuck

12:31
Tesla has issued a recall for the Cybertruck due to a problem where the accelerator pedal can get stuck, putting drivers at risk of a crash, according to the National Highway Traffic Safety Administration. The recall caps a tumultuous week for Tesla. The company laid off more than 10% of its workforce on Monday, and […] © 2024 TechCrunch. All rights reserved. For personal use only.

Fintech CRED secures in-principle approval for payment aggregator license

10:52
CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster. The Bengaluru-headquartered startup, valued at $6.4 billion, received the in-principle approval from the Reserve Bank of India for the payment […] © 2024 TechCrunch. All rights re…
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