Author: TechCrunch News

A Google executive said during a testimony in the Epic vs Google trial that a deal with Spotify allows the audio company to bypass Play Store fees, as reported by The Verge. Don Harrison, Google’s head of partnership, said that Spotify pays no fees when it processes its own payments and pays a measly 4%…

India’s Enforcement Directorate, its crime-fighting agency, plans to issue a show-cause notice to Byju’s, alleging that it violated the nation’s foreign exchange rules, a person familiar with the matter told TechCrunch. The allegations, which ED plans to make public as early as Tuesday, will say that the Bengaluru-headquartered startup has violated rules under the Foreign…

In 2018, I wrote a TechCrunch article stating that 2018 was “the year social networks were no longer social.” Reflecting on that article, I’m not sure that 2018 was the turning point. But the premise of the article still holds up well. At some point, social networks were no longer about connecting with your closest…

Kyle Vogt, the serial entrepreneur who co-founded and led Cruise from a startup in a garage through its acquisition and ownership by General Motors, has resigned, according to an email sent to employees Sunday evening that TechCrunch has viewed. In a separate internal email, also viewed by TechCrunch, GM Chair and CEO Mary Barra announced…

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! This week, we dig into spend management companies’ AI aspirations, and one U.K. fintech’s recent growth. AI ambitions At one…

Since the AI frenzy started over a year ago, we’ve seen many, um, interesting use cases for the tech that’s been deemed the greatest innovation since the internet. From AI meant to help sales folks be 5% faster, to AI bots that teach you to understand your human relationships, to AI that writes for you…

W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Does freight logistics need a one-stop shop? That’s Flexport’s take, and maybe that’s one of the reasons why Convoy didn’t work out; however,…

On Friday, the board of OpenAI, the AI startup behind ChatGPT and other viral AI-powered hits, did something unexpected but seemingly well within its right: removed the company’s CEO, Sam Altman. But judging by how the situation’s unfolded, it seems that OpenAI’s investors and partners — and many of its employees — were more comfortable…

Howdy, folks, and welcome to Week in Review (WiR), TechCrunch’s newsletter that recaps the major tech industry happenings over the past week (or so). Microsoft’s Ignite conference, where the tech giant pitched its vision of a “copilot”-powered future, flooded the channels midweek. But there was plenty of note besides. In this edition of WiR, we…

OpenAI co-founder and president Greg Brockman has quit the firm, he said Friday, hours after the Microsoft-backed giant abruptly fired its chief executive Sam Altman and assured that Brockman would remain at the startup. Brockman’s sudden departure adds to the day’s uncertainties at OpenAI, following closely on the heels of its maiden developer conference led…