Tag: Startup

Insurance is one of the few industries that have remained largely unchanged over the past few decades at a low level: You suffer losses as a direct result of something going south, and you get paid by your insurer. But that old model doesn’t always work. For example, a construction company in a region regularly…

Share to FacebookShare to TwitterShare to LinkedinEtay Maor is Senior Director, Security Strategy for Cato Networks, a developer of advanced cloud-native cybersecurity technologies. getty The rising severity and frequency of cyberattacks and data breaches indicate that current approaches to cybersecurity are ineffective against modern cyber threats. This is because most organizations are heavily focused on…

Share to FacebookShare to TwitterShare to LinkedinDoomsday Predictions Around ChatGPT Are Counter-Productive dpa/picture alliance via Getty Images The last few weeks have been abuzz with news and fears (well, largely fears) about the impact chatGPT and other generative technologies might have on the workplace. Goldman Sachs predicted 300 million jobs would be lost, while the…

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and welcome to your Friday. Did the week drag on, or did it go by quickly for you? Or maybe you had today off. No matter, I’m here to bring you…

Welcome back to The TechCrunch Podcast, where we break down the biggest stories in tech with the people who covered them. The internet is always changing, but something about generative AI feels different. With the advent of OpenAI’s ChatGPT, the machines are evolving beyond remix and delivery machines to become the content creators themselves. In…

Tesla has nominated JB Straubel, the company’s former CTO who is now running his own startup Redwood Materials, as its next independent board member. The company said in a regulatory filing Thursday that Straubel, if elected by shareholders (which is almost a certainty) would take over the spot vacated by Hiromichi Mizuno, the former chief…

China has been a major sales driver for Tesla in recent times, thanks to the company’s aggressive price cuts. The country delivered 88,869 vehicles in March, according to fresh estimates from the China Passenger Car Association. That means more than half of the carmaker’s Q1 deliveries originated from its Shanghai factory. Tesla Q1 deliveries beat…

Irresponsible behavior regarding images taken from Tesla drivers’ cars has been reported…

India’s central bank has halted its plans for a high-profile project intended to rival the nation’s dominant payment system, Unified Payments Interface. The project had attracted significant interest from a variety of major conglomerates, tech giants, and financial institutions, including Amazon, Reliance, Facebook, Tata Group, Google, HDFC, and ICICI. The Reserve Bank of India had…

Samsung Electronics plans to cut back memory chip production as its operating profit in the first quarter of 2023 is expected to plummet about 96% from the previous year. This will be the lowest profit posted by the South Korean tech giant since Q1 2009. The global macroeconomic slowdown, memory chip oversupply and sluggish demand…