After years of outsourcing and offshoring manufacturing to countries with cheaper labour and bigger production ecosystems, the U.S. and Europe are on a mission to bring some of that industrial work back to its own shores. Today, a startup that believes it can help with that shift is announcing some funding. Robco, a Munich-based startup…
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Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Outschool laid off a quarter of staff, or 43 people, earlier this week, according to an e-mail obtained by TechCrunch. The edtech company, last valued…
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by…
Elon Musk is worried about the economy. For several months now, the richest man in the world has continued to sound the alarm, warning that the economy risks a deep recession if the central bank’s monetary policy stays on course. While the Federal Reserve is holding its last monetary meeting of the year in the…
Share to FacebookShare to LinkedinElon Musk Getty Images The Tesla chief was overtaken for the third time in two days by Bernard Arnault of French luxury conglomerate LVMH. Note: When U.S. markets closed at 4:00 p.m ET, Musk still ranked as the world’s second richest person, with an estimated net worth of $185 billion—$1.2 billion…
Hello again! Greg here again with Week in Review. WiR is the newsletter where we take the most read TechCrunch stories from the last seven days and wrap them up in as few words as possible — no fluff, no nonsense,* just a quick blast of everything you probably want to know about in tech…
After many delays, Audi has a new E-Tron on the market. It’s the Q4, a little SUV based on the same MEB platform that sits beneath the Volkswagen ID.4’s skin. That means a similar layout and, most significantly, the identical 82-kWh battery pack here wrapped with a much more premium look and feel to match…
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