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Startups
Rippling bans former employees who work at competitors like Deel and Workday from its tender offer stock sale
1 hour ago
Investor demand has been so strong for Rippling’s shares that it is letting former employees particpate in its tender offer. With one exception.
Space
NASA puts $10M down on Mars sample return proposals from Blue Origin, SpaceX and others
2 hours ago
It turns out the space industry has a lot of ideas on how to improve NASA’s $11 billion, 15-year plan to collect and return samples from Mars. Seven of these…
Featured Article
In 2024, many Y Combinator startups only want tiny seed rounds — but there’s a catch
When Bowery Capital general partner Loren Straub started talking to a startup from the latest Y Combinator accelerator batch a few months ago, she thought it was strange that the company didn’t have a lead investor for the round it was raising. Even stranger, the founders didn’t seem to be…
4 hours ago
The keynote will be focused on Apple’s software offerings and the developers that power them, including the latest versions of iOS, iPadOS, macOS, tvOS, visionOS and watchOS.
Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Anna will be covering for him this week. Sign up here to…
Startups
BlackRock has slashed the value of stake in Byju’s, once worth $22 billion, to zero
5 hours ago
HSBC and BlackRock estimate that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing.
Apple is set to board the runaway locomotive that is generative AI at next week’s World Wide Developer Conference. Reports thus far have pointed to a partnership with OpenAI that…
LinkedIn has confirmed it will no longer allow advertisers to target users based on data gleaned from their participation in LinkedIn Groups. The move comes more than three months after…
Founders: Need plans this weekend? What better way to spend your time than applying to this year’s Startup Battlefield 200 at TechCrunch Disrupt. With Monday’s deadline looming, this is a…
Artists got an unpleasant surprise when they opened Photoshop this week, as they were shown a pop-up window asking them to agree to new terms…
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TechCrunch Disrupt 2024
San Francisco, CA
Jun 11th
StrictlyVC – Washington, D.C.
Washington, D.C.
The company is in the process of building a gigawatt-scale factory in Kentucky to produce its nickel-hydrogen batteries.
Startups
Robinhood’s crypto bet, AI-powered healthcare, and Fisker’s fall
7:05 AM PDT • June 7, 2024
As always, there was a lot happening in startup land this week, and the Equity team had so much fun breaking it down for you.…
Meta is quietly rolling out a new “Communities” feature on Messenger, the company confirmed to TechCrunch. The feature is designed to help organizations, schools and other private groups communicate in…
Featured Article
Siri and Google Assistant look to generative AI for a new lease on life
Voice assistants in general are having an existential moment, and generative AI is poised to be the logical successor.
11 hours ago
Enterprise
Bain to take K-12 education software provider PowerSchool private in $5.6B deal
12 hours ago
Education software provider PowerSchool is being taken private by investment firm Bain Capital in a $5.6 billion deal.
Shopify has acquired Threads.com, the Sequoia-backed Slack alternative, Threads said on its website. The companies didn’t disclose the terms of the deal but said that the Threads.com team will join…
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Bangladeshi police agents accused of selling citizens’ personal information on Telegram
Two senior police officials in Bangladesh are accused of collecting and selling citizens’ personal information to criminals on Telegram.
22 hours ago
Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at…
Space
Boeing’s Starliner overcomes leaks and engine trouble to dock with ‘the big city in the sky’
1 day ago
Boeing’s Starliner spacecraft has successfully delivered two astronauts to the International Space Station, a key milestone in the aerospace giant’s quest to certify the capsule for regular crewed missions. Starliner…
Rivian needs to sell its new revamped vehicles at a profit in order to sustain itself long enough to get to the cheaper mass market R2 SUV on the road.
