Flipping houses is not for the faint of heart, no matter how fun or easy HGTV might make it seem. One startup wants to make the process less complicated by offering a different way to borrow money to fund such a purchase. Founded in late 2020, Backflip offers a service to real estate investors for […]
© 2024 TechCrunch. All rights reserved. For personal use only.
We’re off to an AI-heavy start to the week. OpenAI has a new deal with the Financial Times that caught our eye. Sure, it’s another content licensing deal, but there appears to be a bit more in the tie-up than just content flowing one way and money the other. We also dug into the xAI […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Biz Stone, a Twitter co-founder, is among those who have joined the board of directors of Mastodon’s new U.S. nonprofit, Mastodon CEO Eugen Rochko announced over the weekend. Mastodon’s service, an open source, decentralized social network and rival to Elon Musk’s X, has gained increased attention following the Twitter acquisition as users sought alternatives to […]
© 2024 TechCrunch. All rights reserved. For personal use only.
True to its business concept, Turkey’s “instant delivery” juggernaut Getir rose quickly. Now, with the quick commerce industry in free fall, it is nosediving just as fast. On Monday, the company — once valued close to $12 billion — announced it would shut down its operations the U.S., the U.K. and Europe to focus solely […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Ola has let go its chief executive Hemant Bakshi, merely four months after making the appointment, and is cutting about 180 additional jobs, a source familiar with the matter told TechCrunch. The move from the Indian ride-hailing startup is aimed at “improving profitability,” its founder and chairman Bhavish Aggarwal told employees in an email Monday […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Federal safety regulators have opened an investigation into Ford’s hands-free driver assistance system, BlueCruise, after it was found to be active during two recent crashes that killed multiple people. The National Highway Traffic Safety Administration’s Office of Defects Investigation (ODI) said on Monday that it has confirmed BlueCruise was active in both crashes. One of the […]
© 2024 TechCrunch. All rights reserved. For personal use only.
The European Commission said it will apply its flagship market fairness and contestability rules to Apple’s iPadOS.
© 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI, maker of the viral AI chatbot ChatGPT, has netted another news licensing deal in Europe, adding London’s Financial Times to a growing list of publishers it’s paying for content access. As with earlier OpenAI’s publisher licensing deals, financial terms of the arrangement are not being made public. The latest deal looks a touch cozier […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Kubik, a plastic upcycling startup, has raised a $1.9 million seed extension, months after announcing initial equity investment. The startup’s latest investment is from African Renaissance Partners, an East African venture capital firm; Endgame Capital, an investor with a bias for technologies around climate change; and King Philanthropies, a climate and extreme poverty investor. The […]
© 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI is facing another privacy complaint in the European Union. This one, which has been filed by privacy rights nonprofit noyb on behalf of an individual complainant, targets the inability of its AI chatbot ChatGPT to correct misinformation it generates about individuals. The tendency of GenAI tools to produce information that’s plain wrong has been […]
© 2024 TechCrunch. All rights reserved. For personal use only.