Tag: Startup

Offshore wind turbines at two commercial-scale sites are now sending power to the U.S. grid. Moments before midnight on Tuesday, a single turbine near Martha’s Vineyard delivered 5 megawatts of renewable energy to the New England grid, developers said. The turbine is one out of 62 planned for Vineyard Wind 1, an offshore site owned…

Here’s what could happen to Tesla shares next…

More than 20,000 electric scooters belonging to Superpedestrian will be auctioned off later this month, along with other equipment from the startup’s U.S. operations, after closing its doors December 31. Two “global online auction” listings have appeared on the website of Silicon Valley Disposition, an online market for “surplus assets,” which will feature scooters and…

Intel, intent on making bigger moves in the market for AI-powered enterprise software, is spinning out a new platform company with the backing of Boca Raton, Florida–based asset manager and investor DigitalBridge. Called Articul8 AI (an awkward abbreviation of “Articulate AI”), the new entity builds off a proof-of-concept from an Intel collaboration with Boston Consulting…

More than 40 founders, investors, engineers and others in the tech industry are today announcing a coalition called Tech for Palestine to build open source projects, tools and data to help others in the industry advocate for the Palestinian people. The launch of the group comes during a tense time in the region. Hamas’s October…

Samsung’s mobile division ditched the big show unveils a while back. Gone, too, it seems, are the days when the company would save its first big phone news of the year for the weeks leading up to Mobile World Congress. The latest Unpacked event is set for January 17 — a week and change after…

Over 20,000 have sold in the past 30 days…

Another proptech startup has run into trouble. Frontdesk, a startup that managed more than 1,000 furnished apartments across the United States, laid off its entire 200-person workforce Tuesday after attempts to raise more capital failed, TechCrunch exclusively learned from sources familiar with internal happenings at the company. The mass layoff comes just seven months after…

Ruth Foxe Blader has left her role as partner at Anthemis Group after nearly seven years to start her own venture firm, Foxe Capital, TechCrunch learned exclusively today. Blader is joined by former Anthemis investment associate Kyle Perez. Sophie Winwood is serving as an operating partner. Winwood previously co-founded WVC:E, an organization that pledges to…

One of the major stories that defined the tech sector in 2023 was layoffs. Companies large and small shed over 240,000 jobs in the last year, and while the trend has cooled of late, it hasn’t stopped, with nearly 7,000 jobs cut in November alone. But there have been bright spots. Climate tech is one…