Electric scooter company Bird files for bankruptcy
TechCrunch
DECEMBER 20, 2023
Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. ” Founded in […] © 2023 TechCrunch.
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Certinia uses AI to accelerate finance functions for service companies
CIO
DECEMBER 13, 2023
The company offers a suite of enterprise SaaS applications for services companies, including ERP, professional services automation, customer success, and configure-price-quote (CPQ), all built on Salesforce’s software development platform, Force.com. We’re pretty excited about it.”
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Tesla’s cheapest cars helped it notch another record year
TechCrunch
JANUARY 2, 2024
The company delivered 1.81 million, according to a Tuesday morning press release. Tesla shipped a record number of electric vehicles in the fourth quarter to help it edge out its targets for the year. million EVs in 2023 and built 1.85 Those figures were slightly above the 1.8 All rights reserved.
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Apple’s Scary Fast October Mac event: How to watch and what to expect
TechCrunch
OCTOBER 27, 2023
Whereas in past years the company has opted to do a final round of announcements through press releases, this time out it’s holding a standalone event. […] © 2023 TechCrunch. Word is that various supply chain issues kiboshed plans to announce additional hardware at last month’s iPhone 15 event. All rights reserved.
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A PM’s Guide to Forging an Outcome-Driven Product Team
Speaker: Kim Antelo, Transformation Coach
While incorrectly built features are a common issue, organizations are becoming preoccupied with the number of features released rather than the impact those features provide. When a team is primarily concerned with the quantity and speed of releases, it is more difficult for them to solve product problems in measurable ways.
Certinia bakes AI into its latest professional services updates
CIO
APRIL 17, 2024
The Spring ’24 update, released today, contains numerous enhancements to Certinia’s core offerings. One of the key reasons for that is that professional services companies need specialized information to make the most accurate estimates possible, forcing them in some cases to make trade-offs between accuracy and speed.
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Cultivated beef companies tout sustainability. Will it lead to marketability?
TechCrunch
DECEMBER 15, 2022
Food and Drug Administration gave what amounts to a safety blessing to Upside Foods , a cultivated meat product startup, effectively setting in motion what many of these companies have been working toward: accelerated commercialization. and water use by 96.9%, according to a press release. Will it lead to marketability?
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Concerns remain even as the EU reaches a landmark deal to govern AI
CIO
DECEMBER 11, 2023
“This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field,” said the press release issued by European Parliament. million) or 1.5% of the turnover to $37.6
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Ask yourself: How can genAI put your content to work?
CIO
DECEMBER 4, 2023
By Bryan Kirschner, Vice President, Strategy at DataStax One of the major findings of our recently released State of AI Innovation report was how bullish managers and technical practitioners were about generative AI enhancing, rather than threatening, their careers. What teams or segments outperform or underperform? AI keeps getting better.
Smart mug maker Ember just spun out a life sciences company
TechCrunch
AUGUST 10, 2022
The Southern Californian startup first hit our (and most folks’) radar as a mug company. The company captured a fair bit of press attention with its high-end electronic mug designed to keep beverages a consistent temperature. If February, the company outlined the beginnings of a surprising pivot. Mostly unnecessary?
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Chronicle’s ex-CSO is starting a new company he doesn’t want you to know much about
TechCrunch
OCTOBER 28, 2020
Mike Wiacek is back with a new company, a year after departing his role as chief security officer at Chronicle, Google’s moonshot cybersecurity company. million in seed funding, led by venture firm Accel, with participation from Sequoia Capital, Gradient Ventures, and Allen & Company. I guess we’ll have to.
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Deal Dive: Forecasting rain on DTC’s Parade
TechCrunch
AUGUST 19, 2023
But while some companies will be able to survive on cash reserves or be propped up on inside funding, others will be forced to either liquidate or exit under less-than-ideal circumstances. Parade could not be reached for comment by press time.
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FullStory secures $25M to help companies spot issues in their apps and websites
TechCrunch
AUGUST 10, 2022
TechCrunch couldn’t independently confirm the investors and the company hadn’t responded to a request for comment as of press time. But according to Crunchbase, the infusion is FullStory’s first since August 2021, and brings the company’s total raised to around $200 million.
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Electrify America–backed 75MW solar farm kicks off operations
TechCrunch
AUGUST 15, 2023
Electrify America, the EV charging company created by Volkswagen in the aftermath of its diesel emissions scandal, said on Tuesday that a new, 75 megawatt solar farm in Southern California is now up and running. Instead, the company struck a 15-year virtual power purchase agreement (VPPA) with renewable energy developer Terra-Gen.
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Taxdoo raises $64M to expand from tax compliance to a wider set of financial tools for e-commerce companies
TechCrunch
DECEMBER 16, 2021
I understand from sources close to the company that the valuation is now just north of $350 million. But it turned out that he actually wrote that press release himself, hence the identical cadence and diction. (I Another can pull records and send them for individual filing across different countries or tax juridictions.
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Salesforce Data Cloud updates aim to ease data analysis, AI app development
CIO
DECEMBER 14, 2023
“This database allows Salesforce customers to combine structured and unstructured data, creating a more comprehensive customer profile,” the company said in a press release, adding that once the unstructured data is added to the Data Cloud, it is automatically converted into a usable format across the Einstein 1 platform.
Microsoft backs game developer Wemade in web3 push
TechCrunch
NOVEMBER 2, 2022
South Korea’s Wemade said in a press release that it has raised $46 million from Microsoft, Shinhan Asset Management and Kiwoom Securities. The company says it is aiming to “transform everyday games with blockchain technology and establish its Wemix coin as a key currency in the blockchain gaming space.”
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‘Brand tech’ company You & Mr. Jones adds $60M to its Series B
TechCrunch
JANUARY 12, 2021
The round values the company at $1.36 You & Mr. Jones takes its name from CEO David Jones, who founded the company in 2015. Jones has built its own technology platform to help marketers with their digital, mobile and e-commerce needs, while also investing in companies like Pinterest and Niantic. billion, post-money.
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Instacart’s co-founder Apoorva Mehta checks out
TechCrunch
JULY 22, 2022
Now, as the company he started nearly a decade ago prepares to IPO, Mehta says that he will be stepping down as executive chairman and transitioning off the board of directors once the company goes public. Prior CTO Mark Schaaf is leaving the company, TechCrunch reported. Stepping off the board will allow me to do just that.”.
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Lightyear stops production on €250,000 solar-powered EV
TechCrunch
JANUARY 23, 2023
In a press release, Lightyear said it has had to overcome “many challenges” in order to make its vehicles a reality. The company didn’t specify what challenges, but said in order to safeguard its vision, the Lightyear 0 needed to die so the Lightyear 2 could thrive.
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Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes
TechCrunch
SEPTEMBER 14, 2022
The equity investment came from returning investors Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company, with participation from Ilham Ltd, EDBI, InterVest, Y Combinator managing director Michael Seibel and GGV Capital managing partner Hans Tung. The debt facility is from Lendable.
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Summit Press Release
Steve Farber
MARCH 26, 2014
Press Release : Fortune 500 Executive Leadership Coach and Best-Selling Author to Share Stage with Mega-Rockstar at 2nd Annual Extreme Leadership Summit in Chicago this April 11-13. Farber is a top leadership consultant to senior executives of many Fortune 500 companies.
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Intuitive Machines sets November launch date for lunar lander mission
TechCrunch
AUGUST 15, 2023
Lunar technology company Intuitive Machines may well be the first private American company to land a spacecraft on the moon. The company said Monday that it was targeting a six-day slot starting on November 15 to launch its IM-1 lunar lander mission on a SpaceX Falcon 9 rocket. The company concluded the quarter with $39.1
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WomenOnBusiness.com Relaunches Free Press Release Publishing Service
Women on Business
OCTOBER 20, 2011
In an effort to give women business owners and women working in the field of business the publicity they deserve, WomenOnBusiness.com has launched a new Business Women News Press Release Submission feature. WomenOnBusiness.com has relaunched our free press release submission and publishing service. Image: stock.xchng.
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The IBM Press Release on Spark That Every Tech Leader Should Read
CTOvision
JUNE 15, 2015
Full press release follows: IBM Announces Major Commitment to Advance Apache®Spark™, Calling it Potentially the Most Significant Open Source Project of the Next Decade. The post The IBM Press Release on Spark That Every Tech Leader Should Read appeared first on CTOvision.com. International Business Machines Corp.
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Jiko announces partnership to launch a banking app for the transgender community
TechCrunch
NOVEMBER 17, 2021
Between 2-6 million people in the United States identify as transgender, and 34% lack identification to match their gender, making it harder for them to access banking products, the company wrote in its press release. The move aligns with Jiko’s intended pivot away from consumer services and toward B2B offerings.
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MyCarrier raises $22M to match small shippers with freight carriers
TechCrunch
SEPTEMBER 13, 2022
. “From the beginning, our vision and approach were based on strong partnering, working hand-in-hand with carrier partners and customers to streamline the carrier and shipper experience to create exceptional business and customer outcomes,” he said in a press release.
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Triller’s S-1 filing claims 550M users, but its app installs fall far short, new data shows
TechCrunch
AUGUST 21, 2023
The company has hundreds of clients, including Visa, Andreessen Horowitz, Coca-Cola, Target, Zoom and others. Image Credits: Apptopia When Triller attempted to go public via SPAC in 2021, Billboard reported that the company claimed higher user numbers to the public than it did to music rights holders. The company lost $195.6
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Klarna confirms $800M raise as valuation drops 85% to $6.7B
TechCrunch
JULY 11, 2022
The round included a slew of new and existing investors, including Sequoia, Silver Lake, Commonwealth Bank of Australia, the UAE’s sovereign fund Mubadala Investment Company and Canada Pension Plan Investment Board (CPP Investments). A positive spin. That all said, there probably is something to Klarna’s spin.
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246 Forever21’s parent company sued Bolt, but now it’s a shareholder
TechCrunch
JULY 6, 2022
A lawsuit that was filed against one-click checkout startup Bolt by one of its biggest customers will be dismissed as the two parties have agreed on a settlement, the companies announced jointly today. And interestingly, that same customer — Authentic Brands Group (ABG) — is now a shareholder of the company.
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Setapp announces plans to launch an alt app store for EU users
TechCrunch
AUGUST 15, 2023
The company is betting on the EU’s Digital Markets Act’s (DMA) rules that should allow users to install third-party apps on iOS without having to go through Apple’s App Store. The company aims to entice developers with better revenue shares than Apple provides.
Finix raises $30 million as fintech’s spotlight picks its sides
TechCrunch
AUGUST 10, 2022
The round comes nearly two years after the do-it-yourself payments company closed a $30 million extension to its $35 million Series B and about 18 months after it raised a $3 million SPV led by LatinX and Black investors. The company sits aside companies like Stripe, which it is not subtle about competing with.
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Greycroft closes on over $1 billion across new funds
TechCrunch
APRIL 26, 2023
“Our investment approach remains the same, identifying companies that are finding novel applications of next-generation technology and supporting them at the critical moment of commercialization.” ” We are thrilled to announce the closing of over $1 billion of capital commitments across new funds.
AWS to invest $5.3 to build data centers in Saudi Arabia to bolster tech in the region
CIO
MARCH 5, 2024
Specifically, AWS will launch what it’s calling an AWS infrastructure Region in Saudi Arabia in 2026 to give technology developers, existing businesses, and startups and entrepreneurs a comprehensive, in-country data-center infrastructure for running their cloud-based technology solutions, according to a release by Amazon’s cloud unit.
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AWS launches new $30M accelerator program aimed at minority founders
TechCrunch
APRIL 20, 2022
The Amazon company claims that the three-year initiative will help recipients build successful businesses while “accelerating” growth in their respective markets. Strictly speaking, it’s better than nothing, but you’d be hard-pressed to find something that’s more symbol over substantive.”
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The EVERY Co. grabs $175M as it cracks code on animal-free protein products
TechCrunch
DECEMBER 7, 2021
a company that has developed a precision fermentation technology to make animal-free proteins, like eggs, is having a good 2021. First the company, formerly known as Clara Foods, secured a deal in April with BioBrew , an investment of AB InBev’s investment arm, ZX Ventures, to brew its animal-free protein at scale. The EVERY Co. ,
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Okra Solar is bringing renewable energy to underserved markets
TechCrunch
MAY 2, 2022
It’s a moment happily eternalized in a new press release announcing the renewable energy startup’s $2.1 Clearly we’re not the only ones who saw promise in the company’s mission. The Sydney-based company creates hardware and software solutions designed to bring solar-based power to developing markets.
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Detroit-based Signal Advisors raises $10M Series A led by General Catalyst
TechCrunch
APRIL 26, 2021
Signal Advisors is building a specialized financial platform for financial advisors, and the company is announcing it raised a $10 million Series A led by Brian Ru and Hemant Taneja at General Catalyst. The company says its product can track commissions in real time and advance payout ahead of carrier payments.
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Apple is in its Ballmer era
David Heinemeier Hansson
MARCH 5, 2024
During Ballmer's reign as CEO of Microsoft, the company always made plenty of money. It's currently the most valuable company in the world. But we don't need to be blinded by the halo effect to realize that Microsoft under Nadella is a fundamentally different company to the one it was under Ballmer. It's an ugly video.
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SAP cloud sales jump, fueling a rise in revenue
CIO
OCTOBER 25, 2022
Fueled by strong sales of cloud-based ERP software that more than offset a decline in revenue from on-premises applications, SAP revenue jumped in the third quarter compared to the year-earlier period, according to company’s quarterly financial report, released Tuesday. However, the company has a long way to go. billion (US$7.72
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Lookout sells its consumer cybersecurity business to F-Secure for $223M and goes all-in on the enterprise
TechCrunch
APRIL 26, 2023
Lookout’s long-running transition to becoming an enterprise security company is all but complete, revealing today that it’s selling its consumer mobile security business to Finland’s F-Secure in a deal valued at around $223 million. ” For F-Secure, the deal gives it a stronger foothold in the U.S.
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Stability AI, the startup behind Stable Diffusion, raises $101M
TechCrunch
OCTOBER 17, 2022
Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion , today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC. House Representative Anna G.
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Exadel Reports Record-Breaking Company Growth in 2021
Exadel
JANUARY 18, 2022
The company achieved an organic 35% YoY revenue increase in 2021. In addition, the company acquired digital business consultant Coppei, added new offices in Uzbekistan and Georgia, and added 31 new clients. Read the full press release to know more about the the company growth as well as about new service offerings by Exadel.
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A troubling startup layoff trend has emerged
TechCrunch
AUGUST 5, 2022
We don’t need to tell you about the layoffs that are defining the tech landscape right now, concentrated particularly in late-stage companies that are struggling to raise extension rounds and grow into existing valuations. Typically, CEOs of early-stage companies are optimized for two to three years of runway. Some nuance.
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