Tag: Tesla

Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months. The company says it is trying to find a way to raise that money as it works through a pivot from direct sales to a…

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Apple CEO Tim Cook is promising that Apple will “break new ground” on GenAI this year. Cook made the pronouncement during the company’s annual shareholders meeting today, which came in the same week the company reportedly scuttled its multibillion-dollar, decade-long plan to build an EV. Some of the staff on the EV project were reassigned…

Cuts to Techstars’ staff and its decision to shutter certain accelerators came after it missed its 2023 revenue goals, according to documents outlining its preliminary 2023 results viewed by TechCrunch. Techstars also lost millions of dollars more by year’s end (in adjusted EBITA) than it had anticipated it would, additional documents that discussed mid-year performance…

It’s totally a game changer and I have saved so many hours of cleaning and scrubbing…

Apple’s secretive car project died without ever seeing the light of day. It’s a fitting end, considering we’ve collectively spent the last decade aware of it without really knowing too much about what the tech colossus was planning.  Neither has Apple, apparently. Dozens of contemporaneous reports over that span clued the public into the vague…

Apparently Frank Slootman, the veteran tech executive, was popular with investors, at least judging from their reaction that he will be stepping down as CEO of Snowflake. The company stock price has plunged more than 24% in after-hours trading on the news. Slootman will retreat into the role of chairman of the board, while Sridhar…

Ethiopian startup eQub is the winner of the fintech pitch-off at 4YFN 2024, Mobile World Congress’ startup event. TechCrunch was on the ground in Barcelona to meet its business development lead Nahom Michael this week. The startup’s name is an Amharic word referring to a local form of peer-to-peer credit, Michael said. An Equb is…

Out of the box, Apple’s Vision Pro doubles as a 4K Mac virtual display, allowing you to extend an existing Mac desktop to the device’s spatial computing environment. A new app called Splitscreen takes things a step further, by allowing you to add a second macOS display to your Vision Pro — even if it…