Proptech company Roofstock has laid off about 27% of its staff today, according to an email sent to employees viewed by TechCrunch. The cuts come just five months after the startup laid off 20% of its workforce. The company’s website states that it has 400+ employees, or “Roofsters” as they’re dubbed, but it is not … Read more
Southeast Asia’s mental health startups are getting more investor attention. Last week, Intellect announced a strategic investment from IHH Healthcare, Asia’s largest private healthcare group. Now Thoughtfull, another digital mental health platform focused on Asia, has raised $4 million in a pre-Series A round led by Sheares Healthcare Group. Sheares is a wholly-owned subsidiary of … Read more
Epic Games announced a new system for paying creators on Fortnite, the ultra-popular, free-to-download battle royale game. Announced on Wednesday at the Game Developers Conference, Epic will now share 40% of Fortnite revenue with anyone who designs “islands” in the game. This includes money that Epic earns from the purchase of V-Bucks (in-game currency), real … Read more
Epic Games announced a new system for paying creators on Fortnite, the ultra-popular, free-to-download battle royale game. Announced on Wednesday at the Game Developers Conference, Epic will now share 40% of Fortnite revenue with anyone who designs “islands” in the game. This includes money that Epic earns from the purchase of V-Bucks (in-game currency), real … Read more
Epic Games announced a new system for paying creators on Fortnite, the ultra-popular, free-to-download battle royale game. Announced on Wednesday at the Game Developers Conference, Epic will now share 40% of Fortnite revenue with anyone who design “islands” in the game. This includes money that Epic earns from the purchase of V-Bucks (in-game currency), real … Read more
At first glance, Boston Dynamics is a strange fit for a show like ProMat. For decades, the firm has presented a flashy image to the world — a company well known for robotic highlight reels, from the snow-traversing Big Dog to parkour-performing Atlas. But a recent approach has found it facing one of its biggest … Read more
The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations on orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto asset securities,” the agency stated Wednesday. The SEC said it was suing Sun, his Tron foundation, the BitTorrent Foundation and BitTorrent (now referred to as Rainberry) over … Read more
India has long harbored a strong entrepreneurial spirit, and it’s not uncommon to see people leaving jobs to set up their own businesses. A hallmark of that spirit is quite visible these days in the country’s flourishing startup ecosystem, which has expanded rapidly in the past few years, to say the least. However, the global … Read more
The U.S. National Reconnaissance Office (NRO) has awarded five-year study contracts to six space companies that provide hyperspectral satellite imagery — BlackSky, Orbital Sidekick, Pixxel, Planet, Xplore and HyperSat — as the agency seeks to expand its remote sensing capabilities. The NRO, the arm of the Department of Defense that conducts space-based spying and surveillance, … Read more
The European Commission has laid out another piece of its Circular Economy Action Plan today — adopting a proposal to set common EU rules which are intended to make it easier for consumers to get faulty products repaired. The “right to repair” measures are aimed at reducing e-waste by preventing repairable products from being prematurely … Read more
The European Commission has laid out another piece of its Circular Economy Action Plan today — adopting a proposal to set common EU rules which are intended to make it easier for consumers to get faulty products repaired. The “right to repair” measures are aimed at reducing e-waste by preventing repairable products from being prematurely … Read more
The back half of 2023 is expected to unlock the technology IPO market. Whether the public-offering window opens later this year or early in 2024, TechCrunch+ expects to see a few familiar names in the mix from the HR tech space. And perhaps some less familiar names. Regular TechCrunch readers are likely familiar with HR-tech … Read more
Good Meat, the cultivated meat unit of Eat Just, completed the U.S. Food and Drug Administration’s pre-market consultation for its production method, and the agency concluded this week that it had “no questions.” “We have no questions at this time regarding Good Meat’s conclusion that foods comprised of or containing cultured chicken cell material resulting … Read more
The number of victims affected by a mass-ransomware attack, caused by a bug in a popular data transfer tool used by businesses around the world, continues to grow as another organization tells TechCrunch that it was also hacked. Canadian financing giant Investissement Québec confirmed to TechCrunch that “some employee personal information” was recently stolen by … Read more
On the eve of its 25th anniversary, Mozilla, the not-for-profit behind the Firefox browser, is launching an AI-focused startup. Called Mozilla.ai, the newly forged company’s mission isn’t to build just any AI — its mission is to build AI that’s open source and “trustworthy,” according to Mark Surman, the executive president of Mozilla and the … Read more
Stephen Aschettino Contributor Share on Twitter Stephen Aschettino is head of fintech, United States, at law firm Norton Rose Fulbright US LLP. Mayling Blanco Contributor Mayling C. Blanco represents corporations and individuals in white collar defense, government investigations and commercial litigation matters, notably concentrating her practice on the Foreign Corrupt Practices Act and corporate fraud, … Read more
Just weeks after Microsoft launched GPT-4 powered chatbot into its Edge browser, Opera is following suit and integrating generative AI chatbots powered by ChatGPT and ChatSonic into its desktop browsers Opera and Opera GX. These new tools are available in early access across all desktop platforms, the browser maker said. Opera is also launching a … Read more
Just weeks after Microsoft launched GPT-4 powered chatbot into its Edge browser, Opera is following suit and integrating generative AI chatbots powered by ChatGPT and ChatSonic into its desktop browsers Opera and Opera GX. These new tools are available in early access across all desktop platforms, the browser maker said. Opera is also launching a … Read more
If you plan to launch a new startup in France, Denmark or Sweden, there is a new seed fund looking for your pitch. Emblem is announcing today that it has raised nearly $54 million (€50 million) for a new European seed fund. And this is only the first close — the firm expects to raise … Read more
If you plan to launch a new startup in France, Denmark or Sweden, there is a new seed fund looking for your pitch. Emblem is announcing today that it has raised nearly $54 million (€50 million) for a new European seed fund. And this is only the first close — the firm expects to raise … Read more
A growing number of investors have begun suggesting that certain venture-backed startups that have yet to find so-called product-market fit throw in the towel. Their argument is that some startups simply raised too much, at valuations into which they will never grow, and that clean, well-planned exits are better for everyone than messy ones. After … Read more
A growing number of investors have begun suggesting that certain venture-backed startups that have yet to find so-called product-market fit throw in the towel. Their argument is that some startups simply raised too much, at valuations into which they will never grow, and that clean, well-planned exits are better for everyone than messy ones. After … Read more
While LinkedIn is helpful for displaying people’s educational and professional achievements, there exists a world of self-taught tech talent whose skills are not so easily reflected on the networking site. Rather, their expertise is hidden in the lines of code they write. Aspecta is trying to fill that gap by providing an AI-powered profile builder … Read more
While LinkedIn is helpful for displaying people’s educational and professional achievements, there exists a world of self-taught tech talent whose skills are not so easily reflected on the networking site. Rather, their expertise is hidden in the lines of code they write. Aspecta is trying to fill that gap by providing an AI-powered profile builder … Read more
While LinkedIn is helpful for displaying people’s educational and professional achievements, there exists a world of self-taught tech talent whose skills are not so easily reflected on the networking site. Rather, their expertise is hidden in the lines of code they write. Aspecta is trying to fill that gap by providing an AI-powered profile builder … Read more
While LinkedIn is helpful for displaying people’s educational and professional achievements, there exists a world of self-taught tech talent whose skills are not so easily reflected on the networking site. Rather, their expertise is hidden in the lines of code they write. Aspecta is trying to fill that gap by providing an AI-powered profile builder … Read more
Kakao Mobility, the ride-hailing subsidiary of South Korean messaging and internet giant Kakao, has made its first acquisition as it looks to raise its international profile. It has acquired Splyt, a startup out of London that works with apps in areas like travel, ride-hailing and finance to help them build out “super app” strategies by … Read more
Netflix announced today that its “Gears of War” live-action movie will be written by Jon Spaihts, known for his work on “Doctor Strange” and “Dune.” “Gears of War is one of the all-time great action games, with vivid characters, a beautifully designed world, and a combat system that drives home the lethality of war and … Read more
Netflix announced today that its “Gears of War” live-action movie will be written by Jon Spaihts, known for his work on “Doctor Strange” and “Dune.” “Gears of War is one of the all-time great action games, with vivid characters, a beautifully designed world, and a combat system that drives home the lethality of war and … Read more