Author: TechCrunch News

Rivian has had a lot on its plate as it transitioned from pitch mode to selling EVs. It created an electric pickup and an electric SUV while prepping a monster IPO. It made electric delivery vans for Amazon and wants to do the same for other companies. It now plans to sell an even cheaper…

Apple’s annual World Wide Developer Conference kicks off on Monday at 10 a.m. PT/1 p.m. ET with the standard Tim Cook keynote. Whereas last year’s event will be remembered as the event that finally introduced the world to the Vision Pro, the company is hoping to make WWDC 2024 even more memorable as it finally…

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024…

Enterprise software giant SAP on Wednesday said it is acquiring “digital adoption” platform provider WalkMe for $1.5 billion in cash. SAP’s $14-per-share offer represents a premium of about 45% on WalkMe’s closing price of $9.64 on Tuesday. Founded out of Israel in 2011, WalkMe was initially designed to simplify website navigation by providing real-time, on-screen…

The National Democratic Alliance (NDA) has emerged victorious in India’s 2024 general election, but with a smaller majority compared to 2019. According to post-election analysis by Goldman Sachs, JP Morgan, CLSA, UBS, Bernstein and Citi, this slimmer mandate may push the government – known for transforming India into a global manufacturing powerhouse and making investments…

Instagram Threads is rolling out the ability for users to signal which sort of posts they wanted to see more or less of by swiping. © 2024 TechCrunch. All rights reserved. For personal use only…

The court ruling said that Fearless Fund’s Strivers Grant likely violates the Civil Rights Act of 1866, which bans the use of race in contracts. © 2024 TechCrunch. All rights reserved. For personal use only…

The Great Rollback is here. The phrase refers to Big Tech starting to slash some of the diversity, equity and inclusion (DEI) programs that were implemented shortly after the murder of George Floyd. Most recently, Zoom announced that it laid off its DEI team. Google and Meta have started to defund their DEI programs, and…

Apple will kick off its weeklong World Wide Developers Conference (WWDC) event with the customary keynote at 10 a.m. ET/7 a.m. PT on June 10. The presentation will focus on the company’s software offerings and the developers that power them, including the latest versions of iOS, iPadOS, macOS, tvOS, visionOS and watchOS. You can watch…

In an interview at his home near Reykjavík, the entrepreneur-turned-VC shared thoughts on his ventures and the journey that led him from Unity to climate tech, a homecoming of sorts. © 2024 TechCrunch. All rights reserved. For personal use only…