Tag: Startup

Toyota’s president, Akio Toyoda, surprised the automotive world this week by announcing he would resign his position and hand the reins over to Koji Sato, who currently helms the company’s Lexus and Gazoo Racing divisions. But Toyoda isn’t going far. The 66-year-old isn’t retiring outright, but instead retiring to the boardroom, where he’ll take over…

Elon Musk has already inscribed his name in automotive history.  He will no doubt be known as the one who pushed and encouraged the world to adopt electric vehicles with his company Tesla as part of his mission to achieve and use sustainable energy. The history of the automobile will also remember that he completely…

W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. The adoption of product-led growth is changing how B2B companies conduct their business and leading some of them to reorganize their teams. What…

Share to FacebookShare to TwitterShare to LinkedinFormer FTX chief executive Sam Bankman-Fried leaves Manhattan federal court, New York, January 3, 2023. (Photo by Ed JONES / AFP) AFP via Getty Images Add Google, Meta, TikTok, Twitter and Apple to the list of companies owed money by the ill-starred crypto exchange FTX in the aftermath of…

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To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Did you know you can buy 3D printed key caps to replace, say, your escape key with a cat? Today, that’s our delightful little morsel of whimsy, courtesy of Frederic’s review of…

Chroma, a startup working to build a new type of audiovisual entertainment specifically for mobile devices, is now adding a Twitter co-founder to its board. The company announced today that Twitter and Medium co-founder Biz Stone, previously an angel investor in Chroma alongside Pinterest’s founders, will join the company’s board of directors to contribute his…

Baillie Gifford, the Edinburgh-based asset management firm long known to have a penchant for pre-IPO tech companies, has reduced its shares in African e-commerce giant Jumia, per the latest 13G/A filing released by the asset manager. According to the filing, Baillie Gifford disclosed ownership of 18.75 million shares in Jumia, representing 9.39% of the company. In…

Share to FacebookShare to TwitterShare to LinkedinTesla just released the results for Q4’22. Both earnings and revenue beat analysts’ consensus forecasts. In addition, CEO Elon Musk stated that he anticipated the firm would have the capacity to produce 2 million automobiles in 2023. Tesla CEO Elon Musk speaks during the unveiling of the new Tesla…

Two years after the company formerly known as Facebook suspended then-president Donald Trump’s account, it’s bringing him back. Meta announced its decision to restore former president Trump’s Facebook and Instagram accounts on Wednesday, adding that it would do so in “the coming weeks.” The company was expected to weigh in sometime this month on Trump’s…