Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
Cruise is laying off 50% of its workforce as the robotaxi program ends.
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A comprehensive list of 2024 and 2025 tech layoffs
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024. © 2024 TechCrunch. All rights reserved. For personal use only. -
EU puts out guidance on uses of AI that are banned under its AI Act
The first compliance deadline kicked in a couple of days ago for the European Union’s AI Act, a risk-based framework for regulating uses of artificial intelligence — banning a narrow selection of so-called “unacceptable risk” use cases of AI,... -
China may probe Intel for antitrust: Report
Amid China’s retaliation to recently announced U.S. tariffs, Intel may find itself in the hot seat with China’s regulators. China is apparently considering an antitrust probe into semiconductor giant Intel, according to reporting from the... -
Okta lays off 180 employees — nearly one year after last workforce reduction
U.S. access and identity management giant Okta laid off 180 employees on Tuesday, the company confirmed to TechCrunch — just over one year after it let go of 400 workers. The company separately conducted a workforce reduction in February of 2023... -
Two space startups have merged to create the next generation of telescopes
On a clear spring evening in Michigan, the stars aligned — just not in the way Upfront Ventures partner Nick Kim expected. He’d just led a $9.5 million seed round for OurSky, a software platform for space observational data, and was eager to see... -
LogicStar is building AI agents for app maintenance
Swiss startup LogicStar is bent on joining the AI agent game. The summer 2024-founded startup has bagged $3 million in pre-seed funding to bring tools to the developer market that can do autonomous maintenance of software applications, rather than... -
Deepfake videos are getting shockingly good
Researchers from TikTok owner ByteDance have demoed a new AI system, OmniHuman-1, that can generate perhaps the most realistic deepfake videos to date. Deepfaking AI is a commodity. There’s no shortage of apps that can insert someone into a photo,... -
Former Tesla engineer heading government agency reportedly outlines ‘AI-first strategy’
Thomas Shedd, the former Tesla engineer now serving as the director of Technology Transformation Services, reportedly outlined an “AI-first strategy” for the U.S. government department. According to a report from Wired citing multiple sources,... -
Apple launches Invites, a new app for creating custom invitations
Apple on Tuesday launched a new app called “Invites” that allows users to create custom invitations for any occasion. With Invites, users can create and share invitations on their iPhone, RSVP, contribute to Shared Albums, and curate event... -
Team behind Twitterrific launches a multi-feed app called Tapestry
After Elon Musk took over Twitter, the company blocked third-party clients in 2023, including ones like Twitterrific, Tweetbot, and Fenix. Iconfactory, the company behind Twitterrifc, on Tuesday is finally launching its multi-feed app called Tapestry... -
Sotira lands $2M to help brands offload and monetize their surplus inventory
An estimated 20% to 30% of all inventory in the U.S. is surplus, with much of it ending up in landfills. A startup called Sotira wants to help address this problem: It leverages AI to help companies offload and monetize their surplus inventory.... -
OpenAI’s Operator agent helped me move, but I had to help it, too
OpenAI gave me one week to test its new AI agent, Operator, a system that can independently do tasks for you on the internet. Operator is the closest thing I’ve seen to the tech industry’s vision of AI agents — systems that can automate the... -
Spotify reports its first full year of profitability, adds 35M monthly active users
On Tuesday morning, Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The operating income for the quarter reached a record €477 million ($509.48 million) and amounted to... -
Walkstar is a new iOS app that pauses songs when you stop moving
There are plenty of pedometer and step counter apps in the world, but this new app has a fun twist. Walkstar, which launched Tuesday in the App Store, enhances your workout by syncing your tunes with your movement. The moment you pause, the music... -
LinkedIn amps up vertical video tools as uploads jump 36%
Video reigns supreme on social media like TikTok, Instagram, and YouTube. And now, video is becoming a bigger business for LinkedIn. The Microsoft-owned social network for the working world has yet to go full TikTok. But with a big boost of usage... -
Snap unveils AI text-to-image model for mobile devices
Snap has unveiled an AI text-to-image research model for mobile devices that will power some of Snapchat’s features in the coming months. The company said on Tuesday that the model can produce high-resolution images in around 1.4 seconds on an... -
Archive raises $30M to solve fashion’s pollution problem with online resales
The fashion industry has concerned Emily Gittins since adolescence. The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than 20% of... -
Canada’s StackAdapt snaps up $235M for its AI-based programmatic platform
While the U.S. and Canada duke it out over tariffs between the two countries, a tech company based out of Toronto is announcing a major round of funding led by a homegrown VC. StackAdapt, a programmatic advertising startup, says that it has raised... -
Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi
A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored...
