Tag: Startup

Tesla shares are down roughly 16% over the past month…

Sumo Logic, a U.S.-based cloud data analytics and log analysis company, is urging users to reset API keys after discovering a security breach. In a security notice published this week, Sumo Logic confirmed it had discovered evidence of a potential security incident on November 3. The incident involved an attacker using compromised credentials to access…

Startup Zeus Living is the latest casualty in the proptech world. The Airbnb-backed startup is reportedly “winding down operations,” as reported by The Information. TechCrunch has reached out to the company for comment but not heard back at the time of writing. Zeus Living has raised $150 million in debt and equity (about $125 million…

After a raucous year of supposed breakthroughs in superconducting physics, 2023 is looking like it’s going to end with a whimper. This summer, LK-99 was the room-temperature superconductor du jour. Its downfall was as swift as its rise; myriad experiments revealed that it was little more than a run-of-the-mill refrigerator magnet. You could say that…

Welcome back to Found, where we get the stories behind the startups. On today’s episode, host Becca Szkutak is joined by our old friend Darrell Etherington to talk with Nasrat Khalid of Aseel. Aseel started as an e-commerce company making it possible for local artisans in Afghanistan to sell to customers across the world and…

Share to FacebookShare to TwitterShare to LinkedinTopline Tesla is planning to build a new electric car model that will be priced at around $25,000 from its factory near Berlin, Reuters reported Monday, making it the company’s cheapest offering that could allow it to compete against budget EV makers from Europe and China. The Tesla Gigafactory…

Rivian vans are no longer an Amazon exclusive. The automaker said on Tuesday that it will now let other companies buy its commercial electric vans, ending an exclusivity deal that Amazon secured when it pumped more than a billion dollars into Rivian in 2019. Both companies’ stock prices rose following the announcement, which they timed…

How do you know when a market has matured? Often, you can simply look at the usual metrics: revenue, market capitalization, customer numbers, margins, and the like. But there’s one relatively new measure that doesn’t get a ton of attention: Is there a Y Combinator–backed SaaS startup for a market? If that’s the metric, then…

People with Parkinson’s disease are being diagnosed earlier and living with the condition for longer periods as treatments evolve, but one stubborn late-arriving symptom is trouble walking. A promising new spinal implant from Swiss researchers offers some hope that this too can be treated effectively. The multi-institutional team is led by Onward, a spinout company…

Klarna’s Q3 2023 results are the latest in a growing list of evidence that the Swedish fintech giant is evolving from a loss-making unicorn to a durable company ready for the public markets. The Exchange explores startups, markets and money. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday. It wasn’t that…