Author: TechCrunch News

Casey Handmer is not intimidated by very large quantities. Trillions of acres. Thousands of gigawatts of solar power. A billion metric tons of carbon. His startup, Terraform Industries, aims to operate at these ambitious scales. The company wants to turn hydrogen and atmospheric carbon into synthetic natural gas at scale. It’s more than a little…

It’s that time of week again, folks — Week in Review (WiR) time. For those new to the scene, WiR is TechCrunch’s regular newsletter that recaps the biggest tech stories over the past few days. There’s no better digest for the person on the go, we’d argue — but of course, we’re a little biased.…

SpaceX’s super-heavy launch system Starship is poised to fundamentally reshape the space economy. The 394-foot-tall vehicle, which took to the skies for the first time last month, is designed to carry a staggering amount of mass to low Earth orbit and into deep space. TechCrunch+ spoke with three pure-play space VCs — Space Capital founder…

Are you a seed-stage founder who’s building a unicorn? NFX Founding Partner James Currier would like to save you some time: Startups that grow into billion-dollar companies have three basic forms of defensibility. Network effects: Your product becomes more valuable as more people use it. Embedding: Integrate your services so deeply, customers “cannot rip them…

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, we’ll take a look at the hottest fintech news of the previous…

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. Fri-Yay! If you’ve got some time on your hands today, get your Disrupt tickets — early-bird savings end in 7 days! Also, it seems a little daft to pick a fight against…

As we see unicorns slash staff and the prevalence of down rounds spike, it may seem that the startup ecosystem is chock-full of bad news and little else. That’s not precisely the case. While AI, and in particular the generative AI subcategory, are as hot as the sun, not all venture attention is going to the…

Twitter confirmed that a security error that made Circle tweets — posts that only go out to a small subset of trusted friends — surface publicly. TechCrunch reported the glitch in early April, but the platform confirmed the issue today in an email sent to Twitter Circle users. “In April 2023, a security incident may…

Yesterday, Fingo, a YC-backed Kenyan fintech, launched its neobank, which it developed in collaboration with Pan-African financial institution Ecobank Kenya. The Ecobank subsidiary unveiled the neobank, the first of its kind in the East African country, according to the pair, in an event with the country’s president, William Ruto, in attendance.  It’s taken a while…

Meesho has cut 15% of its workforce, or 251 roles, as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This is the second round of job cuts at Meesho, which eliminated about 150 roles a year ago. The Bengaluru-headquartered startup, backed by Fidelity, Prosus, SoftBank,…