Japanese shipping company Nippon Yusen Kabushiki Kaisha, or NYK Line, is acquiring Germany’s salary payment platform for seafaring workers, Kadmos, as it seeks to further expand the reach of its fintech services in the maritime sector. The companies did not disclose the financial terms of the acquisition deal, which is expected to be completed in…
While funding may be scarce for some, Europe’s fastest-growing startups still have their pick. The latest beneficiary of that investor appetite is Finom, a five-year-old, Amsterdam-based challenger bank that targets small and medium-size businesses across Europe. The company, which claims to have doubled its revenue in 2024, just closed a €115 million Series C equity…
Director Danny Boyle famously shot his post-apocalyptic classic “28 Days Later” on Canon digital cameras, making it easier for him to capture eerie scenes of an abandoned London, and giving the movie’s fast-moving zombies a terrifying immediacy. To make his decades-later sequel “28 Years Later” (which opened this weekend), Boyle turned to a different piece…
Tesla has started giving rides in driverless Model Y SUVs in Austin, a decade after CEO Elon Musk began making — and breaking — myriad promises about his company’s ability to launch such a service. The rollout will become the first big test of Musk’s belief that it’s possible to safely deploy fully autonomous vehicles…
OpenAI appears to have pulled a much-discussed video promoting the friendship between CEO Sam Altman and legendary Apple designer Jony Ive (plus, incidentally, OpenAI’s $6.5 billion deal to acquire Ive and Altman’s device startup io) from its website and YouTube page. Does that suggest something is amiss with the acquisition, or with plans for Ive…
In 2018, when Bitcoin was trading around $4,000 and most Americans, at least, thought cryptocurrency was a fad, Katie Haun found herself on a debate stage in Mexico City opposite Paul Krugman, the Nobel Prize-winning economist who had dismissed digital assets as near worthless. As Krugman focused on Bitcoin’s wild price swings, Haun steered the…
A Republican effort to prevent states from enforcing their own AI regulations cleared a key procedural hurdle on Saturday. The rule, as reportedly rewritten by Senate Commerce Chair Ted Cruz in an attempt to comply with budgetary rules, would withhold federal broadband funding from states if they try to enforce AI regulations in the next…
It’s now or never — this is your final day to lock in savings for TechCrunch All Stage, happening July 15 in Boston. Prices increase tonight, June 22, at 11:59 p.m. PT. If you’ve been thinking about attending, now’s the time to commit. Register here. TC All Stage brings together founders, investors, and operators from…
While LinkedIn users seem to have embraced AI, there’s one area that’s seen less uptake than expected, according to CEO Ryan Roslansky: AI-generated suggestions for polishing your LinkedIn posts. “It’s not as popular as I thought it would be, quite frankly,” Roslansky told Bloomberg. When asked why, he argued that the “barrier is much higher”…
European governments may be reconsidering their use of American technology and services, according to a new report in The New York Times. The flashpoint seems to come after President Donald Trump sanctioned Karim Khan, the chief prosecutor at the International Criminal Court, over the ICC’s decision to issue arrest warrants for Israel’s Prime Minister Benjamin…
