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The California Public Utilities Commission has suspended Cruise’s authority to carry and charge passengers for its robotaxi service, following similar action from the state’s Department of Motor Vehicles. The CPUC is also “independently carrying out investigatory activities into recent incidents involving passenger service,” Terrie Prosper, director of news and outreach at the CPUC, told TechCrunch. […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions for businesses. It enables clients to pay in or accept crypto and get fiat money in their bank accounts the next day. Triple-A announced today it has raised […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Less than a month after Waymo’s Los Angeles County expansion, labor organizers and an LA lawmaker are calling for new autonomous-vehicle regulations. On Tuesday, the office of LA Councilmember Hugo Soto-Martínez said he will introduce a motion “urging officials in the state to address public safety concerns around autonomous vehicles and reign in the expansion […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Electric and hydrogen-powered heavy truck maker Nikola was awarded $165 million from its founder and former executive chairman, Trevor Milton, in an arbitration proceeding. Nikola said in a filing with the Securities and Exchange Commission that an arbitration panel in New York awarded the funds to Nikola on October 20. The company had sought reimbursement […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

This afternoon, the Biden White House convened a meeting of top executives and government officials to discuss growing calls to institute right to repair on a national level. The virtual meeting came two weeks after California Governor Gavin Newsom signed SB 244 into law, creating requirements for consumer electronics and appliance manufacturers to allow easier […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Last year’s techwide reckoning continues. The tech industry has seen more than 240,000 jobs lost in 2023, a total that’s already 50% higher than last year and growing. Earlier this year, mass workforce reductions were driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups across many sectors also […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Investment advisers who seek to innovate will need to tread carefully in this space to avoid missteps, which could have significant consequences for their viability. © 2023 TechCrunch. All rights reserved. For personal use only.... →

Here is a recap of what happened in the search forums today...... →

The U.S. construction landscape looks much different this week compared to last Friday, following the amendments to the Davis-Bacon Act that went into effect earlier this week. © 2023 TechCrunch. All rights reserved. For personal use only.... →

SpaceX will launch four navigation satellites for the European Space Agency (ESA) amid ongoing delays with homegrown next generation launch vehicles. The Wall Street Journal was the first to break the news. Earlier this summer, Politico reported that the European Commission was looking abroad for a launcher for the Galileo satellites, though at the time […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom talk about the seemingly endless slate of rainy Saturdays here on the east coast. Thankfully, this episode’s guest Jonas Torland of 7Analytics is helping us feeling a little less gloomy about the current effects of climate change. Bergen, […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Good morning, and happy Tuesday! Today we’re looking at Q3 venture data coming out of Europe. Overall, European venture capital data is down sharply. But as my colleagues Anna Heim and Alex Wilhelm write, European venture is “down, but not out.” Full TechCrunch+ articles are only available to members. Use discount code TCPLUSROUNDUP to save […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

The California Department of Motor Vehicles said Tuesday it has immediately suspended Cruise’s deployment and driverless testing permits, ending the GM self-driving car subsidiary’s robotaxi operations in San Francisco just months after receiving the last necessary permit to commercialize its operations. “Public safety remains the California DMV’s top priority, and the department’s autonomous vehicle regulations […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

The California Department of Motor Vehicles said Tuesday it has immediately suspended Cruise’s deployment and driverless testing permits, ending the GM self-driving car subsidiary’s operations in San Francisco just months after receiving the last necessary permit to commercialize its robotaxi service. “Public safety remains the California DMV’s top priority, and the department’s autonomous vehicle regulations […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Signos, a metabolic health platform that utilizes a unique AI-engine with a continuous glucose monitor (CGM) to offer real-time data and recommendations for healthy weight management, has announced a successful $20 million Series B funding round. The round was led by Cheyenne Ventures and GV (Google Ventures), with additional investments from Dexcom Ventures and Samsung. […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

A controversial child sexual abuse material (CSAM)-scanning proposal that’s under discussion by lawmakers in Europe is both the wrong response to tackling a sensitive and multifacted societal problem and a direct threat to democratic values in a free and open society, a seminar organized by the European Data Protection Supervisor heard yesterday. More than 20 […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Apple this morning sent out invites for its upcoming ‘Scary Fast’ virtual event, set for October 30. Along with being scheduled for All Hallows’ Eve-Eve, the tagline could well be a reference to new silicon. Perhaps the new M3 chip is scheduled to arrive in time for what will most likely be the company’s last […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

Gary Wang, co-founder and CTO of FTX; Caroline Ellison, CEO of Alameda; and Nishad Singh, FTX head of engineering, all pleaded guilty to charges a month after the crypto exchange and sister company’s downfall in November 2022. In recent weeks, all three parties took the stand to testify against Sam Bankman-Fried at his trial in […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

As part of France’s budget for 2024, which was passed last week by the French government without a vote, France plans to create a new tax relief system for angel investments in tech startups. In many ways, France is drawing inspiration from the British tech ecosystem for this change. If you’re an angel investor in […] © 2023 TechCrunch. All rights reserved. For personal use only.... →

The grip Twitter, now called X, has on the market may be stronger than some believed. Unfortunately, that’s led to the first casualty among Twitter alternatives, as the startup Pebble (formerly T2), is shutting down. The would-be X rival had grown a small but engaged community on its microblogging service that aimed to dupe Twitter’s […] © 2023 TechCrunch. All rights reserved. For personal use only.... →