Categoria: Techcrunch

Meta’s move into the open social web, also known as the fediverse, is puzzling. Does the Facebook owner see open protocols as the future? Will it embrace the fediverse only to shut it down, shifting people back to its proprietary platforms and decimating startups building in the space? Will it bring its advertising empire to… Continua a leggere Why Meta is looking to the fediverse as the future for social media

Kaiser, one of the largest healthcare organizations in the United States, said it was notifying 13.4 million members of a data breach earlier in April. © 2024 TechCrunch. All rights reserved. For personal use only.

This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88% from its last primary valuation of $3.5 billion in 2019. © 2024 TechCrunch. All rights reserved. For personal use only.

Google Cloud had a blockbuster quarter, driving parent company Alphabet’s revenues — and stock price — to impressive highs. © 2024 TechCrunch. All rights reserved. For personal use only.

This will mark Starliner’s second flight to the ISS: The first, an uncrewed mission called Orbital Flight Test-2, took place in May 2022. © 2024 TechCrunch. All rights reserved. For personal use only.

As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. Snapchat launched the TikTok-like feed in late 2020 as a way to compete with the rising popularity of TikTok. The company is touting the success of its short-from video feed a… Continua a leggere Snap says total watch time on its TikTok competitor increased more than 125%

Space and defense startup True Anomaly has laid off around 25% of its workforce and cancelled its summer internship program, TechCrunch has learned. © 2024 TechCrunch. All rights reserved. For personal use only.

The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can’t require employees who aren’t senior executives to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTC’s ruling will impact industries like… Continua a leggere The FTC’s ban on noncompete clauses could be good for startups. But it also might be struck down.

Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised the same amount in December 2021. That was the peak of the venture boom, and at that time, the firm said it increased its capital pool by… Continua a leggere Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn

Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank’s sum-of-the-parts analysis. The investment bank estimates Blinkit’s implied value at 119 Indian rupees per share ($1.43) or about $13 billion, while Zomato’s food… Continua a leggere Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs