Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Musk’s 10-month-old baby, xAI, is closing in on a whoppin’ $6 billion funding round. The social network X, née Twitter — also part of Elon’s tech … Read more
Despite spending more than $100 billion on R&D over the last five years, Apple isn’t planning to spin up too many new data centers to run or train AI models. © 2024 TechCrunch. All rights reserved. For personal use only.
In the evolving world of cryptocurrencies, staking emerges as a pivotal activity for those looking to contribute to blockchain security while earning rewards. Staking involves holding funds in a cryptocurrency wallet to support the operations and security of a blockchain network. As Ethereum transitions to a proof-of-stake (PoS) mechanism with its Ethereum 2.0 upgrade, staking … Read more
Qoin still has a class-action suit pending against it in addition to the case brought by regulator ASIC.
Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost EV meant for the masses, and the Alaska, Fisker’s entry into the red-hot pickup truck market. In the weeks that followed, Fisker stopped paying the … Read more
The largest institutional holder of Bitcoin is getting into decentralized identity. But how does MicroStrategy Orange work?
Instagram is adding a handful of new features for Stories to give users more creative ways to share content and engage with each other, the company announced on Friday. Most notably, the social network is introducing a new “Reveal” feature that lets you post a hidden Story for your followers to uncover by sending you … Read more
While Bitcoin is up 4.62% in the last 24 hours, ORDI, TON, and BONK are outperforming the market leader with impressive gains. Here’s a closer look at their recent performance and potential price movements.
The new job cuts come over a year after the company cut about 4% of its headcount in February last year. © 2024 TechCrunch. All rights reserved. For personal use only.
Experts say macroeconomic factors including the upcoming election and the current state of the economy will deter too many IPOs this year. © 2024 TechCrunch. All rights reserved. For personal use only.
MSTR still trades much higher than the value of the Bitcoin behind it, but one analyst believes fundamentals aren’t important for investors right now.
WSO2, a company that provides API and identity management services for enterprises, has been acquired by EQT for more than $600M. © 2024 TechCrunch. All rights reserved. For personal use only.
Gaming-heavy layer-1 network Saga is serving up more SAGA rewards as it prepares to tee up airdrops from 100+ partners.
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The MicroStrategy executive speculated that the SEC would consider Ether, BNB, Solana, XRP, and Cardano unregistered crypto asset securities.
Illustration by Kristen Radtke / The Verge; Getty Images Bounced emails. Stalled projects. Delayed adapters. These are the immediate effects of Tesla CEO Elon Musk’s “ultra-hardcore” approach to cost cutting, which has resulted in at least 500 layoffs from the company’s Supercharger business, including the division’s top executive, Rebecca Tinucci. The timing couldn’t have been … Read more
After selling $2.7 billion worth of Bitcoin in Q1 2024, Jack Dorsey’s Block unveiled a plan to reinvest Bitcoin-related profits into the coin.
Video game emulator Delta’s decade-long struggle against the iOS app store began with a school-issued TI-84 calculator. When Riley Testut was a sophomore in high school, he showed his friends how to load illicit software onto their bulky graphing calculators. Such behavior was generally discouraged at school, but he wasn’t plotting to cheat on a … Read more
Image: Arrowhead Game Studios Attention, Democracy Defenders: Helldivers 2 will soon require players on Steam to link their account to a PlayStation Network account. According to the announcement, all new players on Steam will be required to link to a PSN account starting May 6th, while current players will have a little bit longer, with … Read more
Companies focused on reducing CO2 emissions raised big sums, second only to Q3 2023. © 2024 TechCrunch. All rights reserved. For personal use only.
We have a world currency already: it’s the dollar. Do we want to keep it that way?
Allozymes uses a method in which millions of enzymes can be tested per day, rather than just a few hundred. © 2024 TechCrunch. All rights reserved. For personal use only.
The numbers are in, and the cloud infrastructure market grew at a brisk pace this quarter driven by increasing interest in generative AI. © 2024 TechCrunch. All rights reserved. For personal use only.