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Startup and Technology News

Akamai confirms acquisition of Noname for $450M

A couple of weeks ago, TechCrunch broke the news that Akamai was in discussions to acquire Noname Security, a specialist in API security, for around $500 million. Today the deal is official, albeit at...

https://techcrunch.com/2024/05/07/akamai-confirms-acquisition-of-noname-for-450m/

Honeycomb Insurance grabs $36M Series B from solo VC-led Zeev Ventures

When Itai Ben-Zaken’s first startup failed in 2018, the former BCG consultant and Wharton MBA spent months trying to understand what he could have done differently during the five years he ran the com...

https://techcrunch.com/2024/05/07/honeycomb-insurance-36m-series-b-from-solo-vc-zeev-ventures/

Amazon finally puts down e-commerce roots in Africa

Amazon’s highly awaited entry into Africa has come to fruition, with the tech giant announcing the launch of its e-commerce marketplace in South Africa on Tuesday. The e-commerce giant revealed in a s...

https://techcrunch.com/2024/05/07/amazon-finally-puts-down-e-commerce-roots-in-africa/

Accel leads $4M investment in Egyptian corporate cards platform Swypex

Egyptian fintech Swypex launches all-in-one financial platform for businesses, following $4M seed investment led by Accel.

© 2024 TechCrunch. All rights reserved. For personal use only.

https://techcrunch.com/2024/05/07/accel-leads-4m-investment-in-egyptian-corporate-cards-platform-swypex/

India urges political parties to avoid using deepfakes in election campaigns

India's Election Commission is urging political parties to refrain from using deepfakes and misinformation amid the country's ongoing general elections.

© 2024 TechCrunch. All rights reserved. For pe...

https://techcrunch.com/2024/05/07/india-elections-deepfakes/

Electricity Maps calculates the carbon intensity of electricity consumption to optimize usage at scale

If you’re an electricity nerd, chances are you’ve already spent quite a few hours looking at Electricity Maps and its mesmerizing export flow animations. This open-source data visualization project ha...

https://techcrunch.com/2024/05/06/electricity-maps-calculates-the-carbon-intensity-of-electricity-consumption-to-optimize-usage-at-scale/

This year’s Met Gala theme is AI deepfakes

Whether you love or hate celebrity culture, the Met Gala is an event. Those less jaded among us get to see all of the biggest stars take their boldest fashion risks of the year — unlike an award show,...

https://techcrunch.com/2024/05/06/met-gala-ai-deepfakes/

Boeing Starliner’s first crewed mission scrubbed

Boeing’s Starliner launch tonight has been postponed “out of an abundance of caution” scarcely two hours before the historic liftoff. The scrub is reportedly due to an issue with the oxygen relief val...

https://techcrunch.com/2024/05/06/boeing-starliners-first-crewed-mission-scrubbed/

Wayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers

Wayve, a UK-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed a $1.05 billion in Series C funding led by SoftBank Group. This is the UK’s largest...

https://techcrunch.com/2024/05/06/wayve-raises-1-billion-led-by-softbank-to-take-self-driving-to-cars-and-robots/

The Kendrick-Drake feud shows how technology is changing rap battles

It’s the most chronically online rap battle the world has ever seen.

© 2024 TechCrunch. All rights reserved. For personal use only.

https://techcrunch.com/2024/05/06/the-kendrick-drake-feud-shows-how-technology-is-changing-rap-battles/

TechCrunch Space: Launch pad decongestion

This week, we've got some very cool news from Hubble Networks, which became the first company in history to connect a Bluetooth chip to a satellite. The startup has stayed relatively low-profile, but ...

https://techcrunch.com/2024/05/06/techcrunch-space-launch-pad-decongestion/

The Net Gala hosts its first event for the stylish and chronically online

Days before the Met Gala, New York’s young and techish partied at The Net Gala.

© 2024 TechCrunch. All rights reserved. For personal use only.

https://techcrunch.com/2024/05/06/the-net-gala-hosts-its-first-event-for-the-stylish-and-chronically-online/

Lucid loses longtime Apple and Intel exec who steered software division

Lucid Motors’ senior vice president of digital Mike Bell has resigned from his position. The company said in a filing Monday that the longtime Apple and Intel executive’s resignation is “effective imm...

https://techcrunch.com/2024/05/06/lucid-motors-mike-bell-resigns-software-digital-q1-earnings/

Global crypto firms turn to Hong Kong for refuge — and opportunity

With U.S. regulators continuing to ramp up scrutiny, crypto startups and founders are looking to Hong Kong to support their growth.

© 2024 TechCrunch. All rights reserved. For personal use only.

https://techcrunch.com/2024/05/06/hong-kongs-crypto-ambition-starts-garnering-global-attention/

DocuSign acquires AI-powered contract management firm Lexion

As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign announced that it’s buying Lexion, a contract workflow automation startup, for $165 milli...

https://techcrunch.com/2024/05/06/docusign-acquires-ai-powered-contract-management-firm-lexion/

Apple iPad event: What to expect

So far, the biggest surprise about May 7’s “Let Loose” event is that it’s happening at all. We’re just over a month out from Apple’s annual Worldwide Developer Conference, and yet the company determin...

https://techcrunch.com/2024/05/06/apple-ipad-event-what-to-expect/

Opera’s AI assistant can now summarize web pages on Android

Opera announced that Aria, its browser AI product built in collaboration with OpenAI, can now summarize text-based webpages on Android.

© 2024 TechCrunch. All rights reserved. For personal use only.

https://techcrunch.com/2024/05/06/operas-ai-assistant-can-now-summarize-web-pages-on-android/

Apple iPad event 2024: Watch Apple unveil new iPads right here

We’re still well over a month out from WWDC, but Apple went ahead and snuck in another event. Tomorrow, May 7 at 7 a.m. PT/10 a.m. ET, the company is set to unveil the latest additions to the iPad lin...

https://techcrunch.com/2024/05/06/apple-ipad-event-2024-watch-apple-unveil-new-ipads-right-here/

TechCrunch Minute: Newchip, Techstars, and what happens when startup accelerators fail

Building a startup is hard. Building a company that helps startup is similarly difficult. That’s the takeaway from TechCrunch reporting on Techstars and Newchip. In the case of Newchip, the accelerato...

https://techcrunch.com/2024/05/06/techcrunch-minute-newchip-techstars-and-what-happens-when-startup-accelerators-fail/

How to choose a deep tech startup program

Deep tech founders often had to go it alone. But today, there are a wealth of options from incubators to accelerators. Here's how to pick one.

© 2024 TechCrunch. All rights reserved. For personal use...

https://techcrunch.com/2024/05/06/how-to-choose-a-deep-tech-startup-program/