Author: TechCrunch News

When accounting startup Bench abruptly failed last month, the shutdown was forced when the company’s lenders called in the startup’s loan. In late 2023, the digital freight company Convoy faced financial challenges, leading venture lending firm Hercules Capital to assume control of the company to recover its investments. Divvy Homes, which sold for about $1…

Hackers are increasingly abusing bugs in popular enterprise software to target big companies in mass-hacking campaigns © 2024 TechCrunch. All rights reserved. For personal use only…

Perplexity, the venture-backed startup building AI-powered search products, has been sued in federal court for allegedly violating another company’s trademark. In a complaint filed Thursday in the U.S. District Court for the Northern District of California, attorneys representing a company called Perplexity Solved Solutions accuse Perplexity of infringing on its trademark rights by using the…

A startup called Graze, which lets you build your own feeds for the Bluesky social network, has caught investors’ attention. In addition to offering tools to easily build, customize, publish, and manage Bluesky feeds, Graze will soon allow feed creators to monetize their efforts with advertising, sponsored posts, and subscriptions. In other words, Graze has…

Last year wind and solar energy overtook fossil fuels to provide 30% of the EU’s electricity. With that in the background, startups in the solar space have been riding a generational change in how we get our power. In 2022 we covered how a small B2C European startup planned to bring solar to homes via…

Google SVP Rick Osterloh issued an internal memo to the Pixel/Android/Chrome team Thursday, announcing a “voluntary exit program.” TechCrunch has confirmed the letter’s existence with the company, after it was first reported by 9 to 5 Google. In a statement to TechCrunch, a spokesperson notes: The Platforms &amp…

Despite news that Andreessen Horowitz closed its London crypto-focused office, the VC reportedly still has dozens of scouts in Europe looking for startups. © 2024 TechCrunch. All rights reserved. For personal use only…

Serial entrepreneur and former recording artist Victor D. Lombard, also known as DIVINE, announced this week the launch of a new company, in partnership with RAKIM, one of hip-hop’s most influential emcees.  The company is called Notes, a fintech specifically for independent urban musicians and creators. It provides the knowledge and tools to help artists…

AngelSense, an assistive technology company that provides location monitoring devices for people with disabilities, was spilling the personally identifiable information and precise location data of its users to the open internet, TechCrunch has learned. The company secured the exposed server on Monday, more than a week after it was alerted to the data leak by…

Tesla CEO Elon Musk said Wednesday that his company will launch a paid ride-hailing robotaxi service in Austin, Texas using its own fleet vehicles this coming June — the latest in a long line of sky-high promises he has yet to meet about autonomy. Musk was otherwise unsurprisingly light on details…