Published on: 2025-04-19 11:05:00
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Enough with my typical small talk. Let’s jump into the news right away this week. And there’s plenty of it, including Lyft’s entry into Europe, AV startup Nuro heading to Japan, the first drive of the Lucid Gravity SUV, a few New York International Auto Show highlights, and a SPAC. Yes, the SPAC is back. Or did this financial inst
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Find related items on AmazonPublished on: 2025-04-19 23:05:00
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 brought us mixed messages. A fresh IPO filing, but a bleak outlook for exits overall. New funding rounds, but founders frustrated over lack of capital. And in the midst of it all, some VCs are still finding ways to create liquidity and raising funding for more bullish times. Most interesting startup stories from the week Image Cred
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Find related items on AmazonPublished on: 2025-04-20 03:36:00
What just happened? HP has agreed to pay $4 million to settle allegations that it misled customers with deceptive pricing on its website, bringing closure to a class-action lawsuit first filed in October 2021. The case centered on claims that HP's website displayed inflated original prices for computers and accessories – creating the illusion of significant discounts that, according to the plaintiffs, rarely existed. The lawsuit accused HP of using "strike-through" pricing – showing a higher, c
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Find related items on AmazonPublished on: 2025-04-21 03:20:00
Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust WTF?! It's something many people have thought about: when a lottery jackpot reaches an enormous figure, would it be possible to buy every combination of numbers to guarantee a win? There are plenty of reasons why this is usually impossible or just doesn't work, but a team that included a legendary gambler showed it could be done by winning a $95 million Texas lottery jackpot. The story started in t
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Find related items on AmazonPublished on: 2025-04-17 17:55:03
Enter number of people: Visualize Presets: 100K 1 Million 10 Million 100 Million 1 Billion Note: For extremely large numbers, the visualization may become slower to render. Mouse controls: Left-click + drag to rotate, Right-click + drag to pan, Scroll to zoom About This Visualization This visualization helps you grasp large numbers by representing people in stadium-sized units. Each stadium holds 100,000 people. The 3D view allows you to explore the stadiums from any angle, giving a better
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Find related items on AmazonPublished on: 2025-04-21 15:13:05
Expense management startup Ramp is being considered for a charge card pilot program by the U.S. government’s General Services Administration, the company confirmed to TechCrunch on Thursday. The government’s internal expense card program, dubbed SmartPay, is a $700 billion program. It is estimated that the charge card pilot program contract for which Ramp is being considered is worth up to $25 million, according to a report by Pro Publica. Pro Publica claims that fintech Ramp has been lobbying
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Find related items on AmazonPublished on: 2025-04-22 11:38:59
Global Payments shares tumbled 17% on Thursday after the company said it's buying Worldpay for more than $24 billion while simultaneously selling its Issuer Solutions business to Fidelity National Information Services . The company said that in acquiring Worldpay, which FIS had purchased in 2019 before later selling a majority stake, it's expanding its reach and will be able to serve over 6 million customers across more than 175 countries, enabling $3.7 trillion in annual payment volume. In se
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Find related items on AmazonPublished on: 2025-04-22 15:10:48
In Brief Stargate, a $500 billion project headed up by OpenAI, Oracle, and SoftBank to build AI data centers and other AI infrastructure in the U.S., is considering investments in the U.K. and elsewhere overseas, according to a Financial Times report. While Stargate was initially launched as a way to boost U.S. AI infrastructure, the project is allegedly weighing international expansion. In addition to the U.K., Germany and France are on the table, per the Financial Times’ reporting. Stargate
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Find related items on AmazonPublished on: 2025-04-22 19:47:00
In brief: TSMC has officially denied the long-running claim that it is considering entering into a joint venture with Intel. It was recently reported that the two tech giants had reached a preliminary agreement on the plan, which has been pushed by the Trump administration in the hope of helping Intel address its current manufacturing crisis. Speaking during the company's earnings call on Wednesday, TSMC CEO C.C. Wei said, "TSMC is not engaged in any discussion with other companies regarding an
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Find related items on AmazonPublished on: 2025-04-22 23:46:14
Rice, the world’s most consumed grain, will become increasingly toxic as the atmosphere heats and as carbon dioxide emissions rise, potentially putting billions of people at risk of cancers and other diseases, according to new research published Wednesday in The Lancet. Eaten every day by billions of people and grown across the globe, rice is arguably the planet’s most important staple crop, with half the world’s population relying on it for the majority of its food needs, especially in develop
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Find related items on AmazonPublished on: 2025-04-23 12:15:00
Cutting corners: A new report has reignited the debate over how much tax the world's largest technology companies pay, revealing that the so-called "Silicon Six" – Amazon, Apple, Alphabet, Meta, Microsoft, and Netflix – have paid nearly $278 billion less in corporate income tax over the past decade than would be expected if their profits were taxed at the average statutory rate for US companies. The analysis, conducted by the Fair Tax Foundation (FTF), scrutinizes the financial records and tax
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Find related items on AmazonPublished on: 2025-04-23 09:25:38
Taiwan Semiconductor Manufacturing Company on Thursday maintained its annual revenue forecast after it quarterly beat profit expectations, thanks to a continued surge in demand for AI chips. Here are TSMC's first-quarter results versus LSEG consensus estimates: Revenue: $839.25 billion New Taiwan dollars, vs. NT$835.13 billion expected Net income: NT$361.56 billion, vs. NT$354.14 billion TSMC's net income increased 60.3% from the same period last year to NT$361.56 billion, while net revenue
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Find related items on AmazonPublished on: 2025-04-23 13:43:03
Taiwan Semiconductor Manufacturing Company on Thursday beat profit expectations for the first quarter, thanks to a continued surge in demand for AI chips. Here are TSMC's first-quarter results versus LSEG consensus estimates: Revenue: $839.25 billion New Taiwan dollars, vs. NT$835.13 billion expected Net income: NT$361.56 billion, vs. NT$354.14 billion TSMC's net income increased 60.3% from the same period last year to NT$361.56 billion, while net revenue in the March quarter rose 41.6% to N
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Find related items on AmazonPublished on: 2025-04-24 02:50:51
Windsurf, the maker of a popular AI coding assistant editor, is in talks to be acquired by OpenAI for about $3 billion, Bloomberg reported. If the deal happens, it would put OpenAI in direct competition with a number of other AI coding assistant providers, including Anysphere, the maker of Cursor, which OpenAI backed from its OpenAI Startup Fund. The acquisition could jeopardize the credibility of the OpenAI Startup Fund, given that it is one of Cursor’s biggest investors, said a person famili
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Find related items on AmazonPublished on: 2025-04-24 07:16:27
Google blocked 5.1 billion ads and suspended more than 39.2 million advertiser accounts in 2024, according to its 2024 Ads Safety Report released this week. The company says the increasing enforcement activity is caused by the growing threat of AI-generated content, impersonation scams, and abuse of its ad platform. In particular, Google highlighted the use of generative AI tools to create deepfake video impersonations of celebrities and public figures to promote scams, which in the BleepingCo
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Find related items on AmazonPublished on: 2025-04-24 14:48:39
The semiconductor industry is bracing to potentially lose more than $1 billion once Donald Trump announces chip tariffs. Two sources familiar with discussions between chipmakers and lawmakers last week told Reuters that Applied Materials, Lam Research, and KLA—three of the largest US chip equipment makers—could each lose about "$350 million over a year related to the tariffs." That adds up to likely more than $1 billion in losses between the three, and smaller firms will likely face similarly s
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Find related items on AmazonPublished on: 2025-04-24 19:48:39
The semiconductor industry is bracing to potentially lose more than $1 billion once Donald Trump announces chip tariffs. Two sources familiar with discussions between chipmakers and lawmakers last week told Reuters that Applied Materials, Lam Research, and KLA—three of the largest US chip equipment makers—could each lose about "$350 million over a year related to the tariffs." That adds up to likely more than $1 billion in losses between the three, and smaller firms will likely face similarly s
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Find related items on AmazonPublished on: 2025-04-24 23:50:55
Startups attracted $91.5 billion in venture capital funding in Q1, according to the latest report from data provider PitchBook. This figure not only exceeds the previous quarter’s allocation by 18.5% but also represents the second-highest quarterly investment in the last decade. Despite this seemingly positive news, Kyle Stanford, lead U.S. venture capital analyst at PitchBook, appears to be the most bearish about VC dealmaking since he started covering this market 11 years ago. The source of
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Find related items on AmazonPublished on: 2025-04-25 03:30:00
Ryan Breslow is officially back. While the founder of one-click checkout company Bolt re-assumed its helm as CEO in March, Breslow is unveiling Wednesday a new “superapp” that he hopes will formally mark his return as the fintech’s leader. He describes the new product as “one-click crypto and everyday payments” in a single platform, in an exclusive interview with TechCrunch. The controversial entrepreneur famously stepped down in January 2022 from the San Francisco-based company he started in
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Find related items on AmazonPublished on: 2025-04-25 07:50:02
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, California, on March 18, 2025. Technology stocks declined Wednesday, led by a 5% drop in Nvidia , as the chipmaking sector signaled that President Donald Trump's sweeping tariff plans could hamper demand and growth. Nvidia revealed in a filing Tuesday that it will take a $5.5 billion charge tied to exporting its H20 graphics processing units to China and other countries and said
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Find related items on AmazonPublished on: 2025-04-25 06:28:02
In Brief X has not been faring well in the U.K., which used to be a major source of revenue for the social network prior to Elon Musk’s takeover. Still named Twitter UK Ltd, revenues and profits for X’s U.K. entity collapsed by over 60% in 2023, according to accounts filed this week with the U.K.’s Companies House. The company attributed the decline in revenues to lower advertising spending on the platform as a result of concerns over “brand safety and/or content moderation,” reported The Gua
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Find related items on AmazonPublished on: 2025-04-24 20:54:36
Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump administration’s trade policies and tariffs — pursuing an IPO right now is surprising, even at an exploratory level. Klarna and StubHub, the two potentially blockbuster tech IPOs that
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Find related items on AmazonPublished on: 2025-04-25 19:02:11
In this article ASML-NL Follow your favorite stocks CREATE FREE ACCOUNT Jaap Arriens | Nurphoto | Getty Images Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty from new U.S. trade restrictions may affect demand for its critical chipmaking machines. Here's how ASML did versus LSEG consensus estimates for the first quarter: Net sales: 7.74 billion, against 7.8 billion euros expected Net profit: 2.36 billion, versus 2.3 billion euros expec
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Find related items on AmazonPublished on: 2025-04-25 20:30:01
Lyft logo is seen in this illustration taken June 27, 2022. U.S. ride-hailing firm Lyft on Wednesday announced that it's buying European taxi app Free Now in a 175 million euro ($199 million) deal. The company said that the acquisition — Lyft's first in Europe — is expected to close in the second half of 2025, and that, once combined, the two companies will serve over 50 million combined annual users. Founded in 2009 as myTaxi, Free Now is a ride-hailing platform headquartered in Hamburg, Ger
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Find related items on AmazonPublished on: 2025-04-25 21:30:22
Jaap Arriens | Nurphoto | Getty Images Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty from new U.S. trade restrictions may affect demand for its critical chipmaking machines. ASML said net bookings — a key indicator of order demand — came in at 3.94 billion euros ($4.47 billion) for the first three months of 2025. That was lower than a forecast of 4.89 billion euros from analysts. Shares of ASML were down 6% Wednesday morning. Here's ho
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Find related items on AmazonPublished on: 2025-04-26 07:53:50
Dylan Field, co-founder and CEO of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2024. Design software maker Figma said on Tuesday that it has submitted paperwork to the U.S. Securities and Exchange Commission for an initial public offering. The confidential filing lands 16 months after the company scrapped a deal to be acquired by Adobe for $20 billion due to regulatory pressure in the U.K. The San Francisco startup
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Find related items on AmazonPublished on: 2025-04-26 07:54:36
Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump Administration’s trade policies and tariffs — pursuing an IPO right now, even at an exploratory level, is surprising. Klarna and StubHub, the two potentially blockbuster tech IPOs that
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Find related items on AmazonPublished on: 2025-04-26 19:32:31
Netflix plans to reach a market capitalization of $1 trillion by 2030, The Wall Street Journal (WSJ) reported this week, citing anonymous people who attended an “annual business review meeting” that Netflix held in March. Netflix's current market capitalization is nearly $400 billion. Netflix is reportedly partnering its market cap goals with plans to double revenue within the same time frame. For 2024, Netflix reported $39 billion in revenue, meaning the company aims to raise its annual revenu
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Find related items on AmazonPublished on: 2025-04-26 23:37:32
In a sign of Anthropic’s increasingly cozy relationship with Amazon, Anthropic has formed a new team to recruit AWS customers to use its AI products. The team, which Anthropic appears to have begun hiring several months ago, aims to “accelerate” the adoption of Anthropic’s AI among AWS accounts by “building programs that […] scale across global markets and segments.” That’s according to job listings on Anthropic’s website and job boards around the web. “[Y]ou will own and scale one of our most
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Find related items on AmazonPublished on: 2025-04-28 03:59:49
U.K. startup Marshmallow has blown up over the years by using innovations in data science to build car insurance policies for immigrants and other consumers who have been overlooked or priced out of traditional insurance. Now, with a million drivers insured and a profitable annual revenue run rate of $500 million, Marshmallow has raised a fresh $90 million to expand. Marshmallow plans to use the funding to move into financial services, as well as more insurance products that it hopes will appea
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