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00:52 28.12.2024

Bench shuts down, leaving thousands of businesses without access to accounting and tax docs

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on its website. “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible,” the notice reads. “We know this news is abrupt and may […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

707 techcrunch.com

22:55 27.12.2024

Terraform Labs co-founder Do Kwon will face fraud charges in the U.S.

Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

726 techcrunch.com

21:50 27.12.2024

Cyberhaven says it was hacked to publish a malicious update to its Chrome extension

728 techcrunch.com

20:42 26.12.2024

The fall of EV startup Fisker: A comprehensive timeline

581 techcrunch.com

20:16 26.12.2024

Microsoft and OpenAI have a financial definition of AGI: report

Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup’s profits, according to a new report from The Information. And by this definition, OpenAI is many years away from reaching it. The two companies reportedly signed an agreement last year stating OpenAI has only achieved AGI when […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

678 techcrunch.com

20:27 25.12.2024

$132K – $149K, here’s what seed-stage founders pay early employees, based on data

Once a startup has raised its seed round, the perennial question becomes how much should the founders pay themselves and their first few employees? Kruze Consulting, a CPA firm that specializes in venture-backed startups, recently analyzed average salary ranges for over 450 seed-stage startups and shared that data with TechCrunch. The following averages are based […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

616 techcrunch.com

17:35 24.12.2024

Shuttered electric air taxi startup Lilium may be saved after all

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased operations and laid off about 1,000 employees. © 2024 TechCrunch. All rights reserved. For personal use only.... →

533 techcrunch.com

21:41 23.12.2024

Coralogix acquires AI observability platform Aporia

Coralogix, the well-funded observability platform, on Monday announced that it has acquired Aporia, a startup that focuses on giving businesses tools to observe and secure their AI workloads, as well as set guardrails for them to avoid hallucinations or unintended disclosures. As part of this acquisition, Coralogix will launch a dedicated AI research center, Coralogix […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

567 techcrunch.com

21:38 23.12.2024

CES 2025 is coming: TechCrunch wants to meet your hardware startup

According to the calendar, we’re a mere weeks out from CES — the perfect gift for your gadget blogger who has everything. The massive consumer electronics and automotive event kicks off in Las Vegas on January 7. TechCrunch is returning to future home of the Oakland Athletics for the event, and — as always — […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

555 techcrunch.com

20:35 23.12.2024

Electric aircraft startup Lilium ceases operations, 1,000 workers laid off

509 techcrunch.com

21:30 22.12.2024

OpenAI trained o1 and o3 to ‘think’ about its safety policy

OpenAI announced a new family of AI reasoning models on Friday, o3, which the startup claims to be more advanced than o1 or anything else it’s released. These improvements appear to have come from scaling test-time compute, something we wrote about last month, but OpenAI also says it used a new safety paradigm to train […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

523 techcrunch.com

02:28 21.12.2024

EV startup Canoo places remaining employees on a ‘mandatory unpaid break’

Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch. The company told employees they are being locked out of Canoo’s systems at the end of the day Friday, according to the […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

1,040 techcrunch.com

23:05 20.12.2024

The year is coming to a close, but startup news keeps rolling in

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was full of news, likely because it is also the last “real” week of 2024. Which is another way for us to say goodbye for […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

853 techcrunch.com

01:18 20.12.2024

Perplexity has reportedly closed a $500M funding round

AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

506 techcrunch.com

23:33 19.12.2024

Ex-Twitch CEO Emmett Shear is founding an AI startup backed by a16z

Emmett Shear, the former CEO of Twitch, is launching a new AI startup, TechCrunch has learned. The startup, called Stem AI, is currently in stealth. But public documents show it was incorporated in June 2023, and filed for a trademark in August 2023. Shear is listed as CEO on an incorporation document filed with the […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

501 techcrunch.com

18:00 19.12.2024

K2 Space will fly its extra-large satellite for the first time in 2026

K2 Space is betting that the future of the space hardware will be big — really big. The startup is building massive spacecraft under the assumption that launch costs will continue to drop as SpaceX’s Starship and other heavy-lift vehicles come online. It looks like the Space Force is taking up their side of that […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

378 techcrunch.com

17:40 19.12.2024

Decart adds another $32M at a $500M+ valuation

A young startup that emerged from stealth less than two months ago with big-name backers and bigger ambitions to make a splash in the world of AI is returning to the spotlight. Decart is building what its CEO and co-founder Dean Leitersdorf describes as “a fully vertically integrated AI research lab,” alongside enterprise and consumer […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

355 techcrunch.com

16:33 19.12.2024

With Neverless, former Revolut execs want to make meme coins easy to buy

There’s an ocean of meme coins beyond Dogecoin, and a new startup called Neverless wants to make it easier to get started with trading crypto, with a particular focus on providing access to small-cap tokens. This is an interesting new crypto startup, founded by three former executives at Revolut, the London-based fintech juggernaut. Phuc To […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

321 techcrunch.com

11:01 19.12.2024

BlueQubit raises $10M to take Quantum software into real-world applications

Integrating quantum computing into real-world computer applications is an ongoing problem, as the platforms are architected fundamentally differently. BlueQubit, a San Francisco-based quantum software startup founded by Stanford alumni, thinks it might have the answer. Its Quantum Software as a Service (QSaaS) platform attempts to tackle the above problem by providing end-users with access to […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

431 techcrunch.com

10:19 19.12.2024

Indian startups raised 32% fewer rounds in 2024 as VCs got selective

Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn, signaling that investors are being more selective when striking deals. The number of startup funding rounds fell to 1,448 compared to 2,114 last year, but overall funding rose 6% to $11.3 billion — the […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

315 techcrunch.com

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