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Google pushes Match for more money in antitrust battle, court filing states
Google has filed a new motion to the court in its antitrust battle with Epic Games and Match Group, where it claims that the dating app maker owes additional fees beyond the $40 million that had been previously set aside in escrow. Those funds are Google’s cut of Match’s in-app... #press
UK cybersecurity giant NCC Group is making more layoffs
U.K. cybersecurity giant NCC Group has confirmed it’s making more layoffs, just months after it slashed its workforce by 7%. The Manchester, U.K.-based company is undergoing its second round of layoffs in just six months, a person with knowledge of the matter told TechCrunch. NCC Group confirmed that it’s making a “small number” of layoffs […] #press
https://techcrunch.com/2023/08/10/ncc-group-layoffs/?utm_source=press.coop
‘Water intelligence’ startup Wint nabs $35M to help companies find and stop leaks
Wint, a so-called “water intelligence” company that says it uses AI to detect and stop leaks, has raised $35 million in a Series C round of funding. Founded out of Israel in 2011, Wint has developed a water management system comprising AI-enabled software and connected... #press
SAEKI’s “microfactories” help large manufacturing scale up
The architecture, engineering and construction industries involve giant concrete molds that are expensive, slow to manufacture and often only used a few times before being disposed. Robots-as-a-service startup SAEKI says its tech not only makes creating these molds faster, but also more cost-efficient. The Lupfig, Switzerland-based company is building what it says... #press
https://techcrunch.com/2023/08/09/saeki/?utm_source=press.coop
TechCrunch+ Roundup: How VCs spot liars, venture debt basics, getting legal help (without going broke)
Hot takes will not help your startup gain media traction. Reporters are looking for actual expertise and opinions supported by facts and experience. #press
Cruise inches into Waymo’s territory in the Phoenix area
Cruise, the self-driving subsidiary of General Motors, has expanded its robotaxi radius in the Phoenix area by 20x as it seeks to compete with Alphabet-owned Waymo in its home court. Cruise soft-launched its robotaxi service in Chandler, a city southeast of Phoenix, in December 2022. The expanded arena will now... #press
Nvidia CEO: We bet the farm on AI and no one knew it
Nvidia founder and CEO Jensen Huang said today that the company made an existential business decision in 2018 that few realized would redefine its future and help redefine an evolving industry. It’s paid off enormously, of course, but Huang said this is only the beginning of an AI-powered near future — a future powered... #press
Kenyan logistics startup Sendy shuts down, embarks on asset sale
Sendy, a Kenyan logistics startup that enabled retailers to purchase FMCGs directly from manufacturers, among other services, is shutting down its operations and exploring a sale of its assets, TechCrunch has learned. Meshack Alloys, Sendy co-founder, confirmed the sale to TechCrunch without offering... #press
Pinterest touts Amazon partnership progress, AI in Q2 earnings beat
Popular image pinboarding and shopping inspiration site Pinterest provided an update on its recently announced Amazon partnership and its other efforts around AI during its Q2 2023 earnings this week. The company in April announced a multi-year deal with Amazon that saw the e-commerce giant... #press
3 reasons to maintain a follow-on allocation
A venture fund maintaining some allocation for follow-on investments is not unheard of. But should VCs do this? #press
SoftBank launches an OpenAI for Japan: SB Intuitions, building LLMs and generative AI in Japanese
AI may have found a center of gravity in the Bay Area, but we’re seeing a lot of activity elsewhere among those who believe that there is a market opportunity ensuring that the pace of innovation does not only get played out in just one... #press
Operational and finance tips for early-stage startups in a tough market
There is no question that this market is tough for tech startups. But even in tough markets, there are many survivors. #press
Apple services growth continues to counter iPhone sales slide in Q3
Apple’s Q3 earnings presented a mixed bag for the company, as iPhone revenue continued to slide. The handset brought in $39.67 billion for the quarter, down from $40.66 this time last year. The drop certainly isn’t an anomaly amid an overall declining smartphone market. Once again, however, the... #press
Coinbase’s blockchain Base to launch to the public next week
Coinbase’s layer-2 blockchain Base is officially launching its mainnet to the public on August 9, alongside its “Onchain Summer” collaboration, Jesse Pollak, lead for Base and head of protocols at Coinbase, shared on TechCrunch’s Chain Reaction podcast. The platform has been operating on the testnet, which is... #press
Google is making it easier to find and remove personal info, explicit images from Search
Google is introducing a few new Search updates that are designed to help users stay in control of their personal information, privacy and online safety. The company announced today that it’s making it easier for users to find and remove results about... #press
Rivian elects former Waymo CEO John Krafcik to board
John Krafcik, who led autonomous vehicles company Waymo for five years, has joined Rivian’s board of directors, according to a regulatory filing. EV maker Rivian increased the size of its board and elected Krafcik to serve as a director, the filing said. His term will expire in 2024, when Rivian holds its annual shareholder... #press
BMW is pumping more cash into EVs ‘than originally planned’
As far as sales go, BMW still lags well behind Tesla on the electric-vehicles front, but the German automaker is arguably making strides. BMW told investors Thursday that EVs made up 12.6% of the firm’s total deliveries during the first half of 2023, up from 10% for the entirety of 2022. BMW aims for its […] #press
GitHub Copilot can now tell developers when its suggestions match code in a public repository
GitHub Copilot has changed how developers write their code. However, it can also create issues when it creates code similar to what’s already available in another public repository. In 2022, GitHub launched a feature that allowed users to... #press
Credo AI, GitLab, Numbers Station will put the AI in SaaS at TechCrunch Disrupt 2023
The global hype surrounding the potential benefits of AI has captured the attention of the business world and beyond, so it’s no surprise that new and existing SaaS startups are integrating it into their products. According to one recent survey, 35% of SaaS... #press
Coinbase’s blockchain Base to launch to the public next week
Coinbase’s layer-2 blockchain Base is officially launching its mainnet to the public on August 9, alongside its “Onchain Summer” collaboration, Jesse Pollak, lead for Base and head of protocols at Coinbase, shared on TechCrunch’s Chain Reaction podcast. The platform has been operating on the testnet, which is... #press