Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker’s car business stumbles and it sets its sights on humanoid robotics and AI. The company has tied the compensation to a number of benchmarks, one of which involves increasing…
Apple is hosting its new hardware event on September 9 at 10 a.m. PT. The company is expected to release its iPhone 17 lineup, along with updates for the Apple Watch and AirPods. As always, there are many rumors circulating, including bigger screens and improved cameras for the iPhone 17 models and the introduction of…
Having built and sold e-commerce shipping startup Deliverr to Shopify for $2.1 billion in 2022, co-founder and CEO Harish Abbott knows the logistics industry well. Abbott felt that many manual tasks in logistics could be automated using AI. That’s why last year he launched Augment, which offers an AI assistant called “Augie” that can take…
Nepal has ordered internet service providers to block access to major social media platforms, including Facebook, Instagram, YouTube, and X, after the companies failed to comply with local registration rules — drawing criticism from media rights groups and raising concerns over censorship and free expression. On Thursday, Nepal’s Ministry of Communication and Information Technology directed…
OpenAI says it’s developing an AI-powered hiring platform to connect businesses and employees, a service that would put the outfit in close competition with LinkedIn. The product is called the OpenAI Jobs Platform, and the company expects to launch the service by mid-2026, an OpenAI spokesperson told TechCrunch. OpenAI CEO of Applications Fidji Simo announced…
X’s long-awaited encrypted DM feature, XChat, is becoming more widely available. Though the feature shipped in beta in May, XChat is now accessible for more users, including those who do not subscribe to X Premium. Separate from the existing DM inbox, XChat is end-to-end encrypted. The chat system supports media uploads, group chats, pinned messages,…
Like many startups, climate tech companies often face a “valley of death” that lies between early-stage funding and growth capital that helps proven technologies reach commercial scale. But because climate tech startups are often hardware focused — physical problems tend to require physical solutions, after all — this valley of death tends to be a lot wider….
Mark Zuckerberg, a bankruptcy lawyer from Indiana, has filed a lawsuit against Mark Zuckerberg, CEO of Meta. Mark Zuckerberg the lawyer uses a commercial Facebook page to advertise his legal practice and communicate with potential clients. But his page has been disabled five times in the last eight years, since Meta’s moderation systems flag his…
Rivian is laying off around 150 workers — its second small staff cut in a matter of months — as the company readies itself for the all-important launch of its more-affordable R2 SUV next year. The company confirmed to TechCrunch that the new cuts were mostly to its “commercial” team, which deals with sales and…
Investors are clearly bullish about former Salesforce co-CEO Bret Taylor’s AI agent startup Sierra. Sierra, which helps enterprises build customer service AI agents, announced it raised a $350 million funding round on Thursday. The round, led by earlier investor Greenoaks Capital, values the startup at $10 billion, according to a company blog post that confirmed…
