Share to FacebookShare to TwitterShare to LinkedinTopline After racking up millions of dollars in legal fees, the lawyers representing MyPillow CEO Mike Lindell are trying to drop him as a client, as Lindell and his company face defamation lawsuits over conspiracy theories about voting machine makers Dominion Voting Systems and Smartmatic. Lindell acknowledged he doesn’t…
Follow-on financing is harder to raise these days, which means founders must watch their spending like hawks while keeping the peace with their investors like sweet, cooing doves. Which proofs are investors looking for before they’ll commit to additional funding, what’s an acceptable burn rate, and how much runway do you need before raising more?…
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. As I sat down to write this week’s Startups Weekly, I do what I do every week: Read every story on TechCrunch. This week, that meant reading 212 stories on the site, and you know what I’m left with? An…
But you have a very short window to get this deal…
The promise of electric aviation has been weighed down by the limited range of batteries and the long certification process. Regent co-founder and CEO Billy Thalheimer, who previously worked at Aurora Flight Sciences, has looked to maritime — and more specifically, electric seagliders — for the answer to these two challenges. “How can we do…
OpenAI, one of the best-funded AI startups in business, is exploring making its own AI chips. Discussions of AI chip strategies within the company have been ongoing since at least last year, according to Reuters, as the shortage of chips to train AI models worsens. OpenAI is reportedly considering a number of strategies to advance…
© Reuters. FILE PHOTO: A view shows the board of the European Central Bank (ECB) building in Frankfurt, Germany, September 14, 2023. REUTERS/Wolfgang Rattay/File Photo LIMASSOL, Cyprus (Reuters) – The ECB’s monetary policy transmission is working to tame inflation, though material uncertainty persists in the euro area, ECB policymaker Constantinos Herodotou said on Friday. “The…
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Amazon has shut down its Clubhouse competitor’s live radio app Amp almost 18 months after its launch. The app allowed users to play DJ and provide commentary alongside playing tracks. The company’s lead for digital music, Steve Boom, sent a memo internally saying the decision to shut down the platform “only became clear after months…
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