Author: TechCrunch News

Welcome to the very last issue of The Exchange! With TechCrunch+ sunsetting this month, The Exchange column and its newsletter are also coming to an end. Thank you for reading, emailing, tweeting, and hanging out with us for so many years. P.S. A special thanks from myself to Anna, who was nothing short of a…

Well-known accelerator group Techstars announced a slew of changes to its operations this week, including the shuttering of some of its city-based programs.  Criticism from former members of its decisions lit social media channels who argued that the famed startup accelerator has lost focus on the very thing that historically made it so successful: city-based…

Earlier this week, accelerator group Techstars announced changes to its operations. But what was planned internally to be an exciting new chapter for the organization ended up being somewhat of a PR nightmare.  Techstars found itself facing criticism for some of its decisions and execution after announcing it would shut down its Boulder and Seattle…

With the European Commission set to rule on Spotify’s complaint focused on competition in the streaming music market, there are hints that the ruling will not be in Apple’s favor. This week, the Financial Times reported the EC will issue its first-ever fine against the tech giant for allegedly breaking EU law over competition in…

U.S. health insurance giant UnitedHealth Group said Thursday in a filing with government regulators that its subsidiary Change Healthcare was compromised likely by government-backed hackers. In a filing Thursday, UHG blamed the ongoing cybersecurity incident affecting Change Healthcare on suspected nation state hackers but said it had no timeframe for when its systems would be…

Matt Mullenweg, CEO of Tumblr owner Automattic, is supposed to be on sabbatical. Instead, he’s arguing with Tumblr users over an individual content moderation decision, which has sparked communitywide outcry and accusations of transphobia. Over the last few days, the situation escalated to the point that Mullenweg has engaged with the user in question on…

U.S. healthcare technology giant Change Healthcare has confirmed a cyberattack on its systems. In a brief statement, the company said it was “experiencing a network interruption related to a cyber security issue.” “Once we became aware of the outside threat, in the interest of protecting our partners and patients, we took immediate action to disconnect…

Lucid Motors plans to build just 9,000 electric vehicles in 2024, only 500 to 1,000 more than it made in 2023, as it struggles with demand for its luxury sedans. If it sticks to that number, that means Lucid will wind up building around 10% of the 90,000 EVs it predicted it could make and…

Signal is launching usernames, the company announced today. Up until now, you have had to give someone your phone number to chat with them on Signal. Now you can create a unique username that you can use instead. Usernames are currently launching in beta and will be rolling out to all users in the coming…

Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Shan-Lyn Ma, the co-founder and CEO of Zola, an online platform for wedding planning and gift registries. Ma talked about why she decided to launch the business after trying to buy a gift for a…