Tech

Recurring revenue is pretty much the holy grail for any business — it’s precisely why Apple has segued towards being almost as much a services company as it is a hardware company, with 20% of its revenue now emanating from Apple TV+, Apple Music, iCloud, among an array of other subscription and non-subscription-based services. The […]
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Chinese tech companies are gathering all sorts of resources and talent to narrow their gap with OpenAI, and experiences for researchers on both sides of the Pacific Ocean can be surprisingly similar. A recent X post from an Alibaba researcher offers a rare glimpse into the life of developing Large Language Models at the e-commerce […]
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Shadowfax, one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India, has raised $100 million in a new funding round as it clocks an yearly growth of 35%. TPG NewQuest led Shadowfax’s Series E financing round, which includes some secondary transactions, the startup said on Tuesday. TechCrunch reported last year […]
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Dubai-based early-stage venture capital firm COTU Ventures is announcing that it has raised $54 million for its inaugural fund to support startups in the Middle East from pre-seed to seed stages. With a final close achieved last year, COTU Ventures, which identifies and backs founders from the inception to post-product launch, invests between $500,000 to $2 […]
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The Supreme Court is considering the fate of two state laws that limit how social media companies can moderate the content on their platforms. In oral arguments on Monday, the justices grappled with a thorny set of questions that could reshape the internet, from social networks like Facebook and TikTok to apps like Yelp and […]
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Everyone has a story in them, as someone famous once said. A startup called Inkitt believes that it can use AI to turn the strongest of these into blockbusters and to build a new “Disney” for the 21st century around that content. Now, it’s raised $37 million in aid of that ambition. The startup’s eponymous […]
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The Federal Aviation Administration has concluded its review of SpaceX’s investigation of the second Starship launch in November, with the regulator saying Monday that it accepted the “root causes and 17 corrective actions” identified by the company. While this means the investigation is now closed, SpaceX must implement all the corrective actions and apply for […]
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Once upon a time, gadgets knew what they were truly for. Toaster? Brown thy bread. Smartphone? Connect thy user. But the Ring Car Cam? Ever since its launch, it found itself in a bit of an identity crisis. After three and a half years, Amazon’s page for the camera now says, “We don’t know when […]
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