When Porsche partnered with venture studio UP.Labs, the mission was to create six startups over three years all designed to solve the German automaker’s biggest problems and be compelling enough as a standalone business it that can attract other customers. On Porsche’s list: software that helps manage and automate the performance of EVs. Pull Systems,…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Friday Crunch! There’s a persistent theory in hardware that manufacturing overseas is the cheaper/better/more efficient option. You manufacture there, assemble somewhere else, and finally approve and get to market in the…
Ab Gaur Contributor Ab Gaur is the founder and CEO of Verticurl and also serves as Ogilvy’s chief data and technology officer. In many ways, this year will come to be remembered as the one when artificial intelligence (AI) and machine learning (ML) finally broke through the hype, delivering consumer-focused products that amazed millions of…
Days after the U.K. banned TikTok from government devices, New Zealand has joined the trend by prohibiting the short video app from parliamentary devices. The move comes amid growing security concerns about TikTok-owner ByteDance handing user data to the Chinese government. The country’s authorities cited cybersecurity reasons and said the app would be banned on…
Nonprofit FORGE is bringing ‘nearshoring’ to US startups There’s a persistent theory in hardware that manufacturing overseas is the cheaper/better/more efficient option. You manufacture there, assemble somewhere else, and finally approve and get to market in the United States. But it turns out that it’s possible to manufacture closer to home. With supply chains in…
Ledger, one of the largest cold storage crypto wallet providers, launched a browser extension to improve online security and connectivity for digital assets, the company exclusively told TechCrunch. “You think of Web 1.0 as usernames and passwords, Web 2.0 as log in with Facebook, Google, iCloud, Twitter, and web3 is [about] connecting to your wallet,”…
Austria’s data protection authority has found that use of Meta’s tracking technologies violated EU data protection law as personal data was transferred to the US where the information was at risk from government surveillance. The finding flows from a swathe of complaints filed by European privacy rights group noyb, back in August 2020, which also…
Last month, when transportation startup Via raised $110 million at a $3.5 billion valuation, CEO Daniel Ramot said it planned to make acquisitions to grow its transportation technology stack. Now, a piece of that strategy is falling into place: today the company is announcing its acquisition of Citymapper, the London startup that produces a popular…
TechCrunch Live records live today and tomorrow at 12:00 PDT, and you’re invited to pitch your startup. Called Pitch Practice, it should be self-explanatory. Participants have a chance to practice their pitch by presenting to another founder and investor. This week’s guests are fantastic too. You want their feedback on your pitch. Participants have two…
Dakotah Rice, the founder of investing platform Poolit, was sitting on his couch Thursday watching CNBC as he does every morning. Then, his phone started ringing — and didn’t stop. “I started getting texts and calls from my investors saying, ‘Look, you should move your money out of Silicon Valley Bank, something’s going on there,’”…