Amazon Web Services (AWS), Amazon’s cloud computing division, is forming a new parent company and three subsidiaries in Germany as part of a sovereign cloud the company is launching in the European Union. AWS VP Kathrin Renz will serve as managing director of AWS’ German corporate parent, which will also be led by EU-based “government…
Android users can now download Photoshop for mobile. Adobe announced on Tuesday that it’s releasing the beta version of its Android Photoshop app, four months after the company launched its iPhone app. The app offers a similar set of editing tools as the desktop version, including layering and masking, but is optimized for mobile screens….
Joby Aviation has reached a tentative deal with investor and Saudi Arabian conglomerate Abdul Latif Jameel (ALJ) to distribute up to 200 electric aircraft valued at about $1 billion over the coming years. If finalized, the partnership could provide Joby with a fast path to monetizing its electric vertical takeoff and landing vehicles in Saudi…
Apple is hosting its developer-focused Worldwide Developer Conference for 2025 from June 9 to June 13. The event’s keynote is scheduled for June 9 at 1 p.m. ET/10 a.m. PT. The company is expected to unveil changes to its operating systems iOS, iPadOS, macOS, watchOS, tvOS, and visionOS. You can watch the keynote and subsequent…
As global trade evolves, there’s an increasing demand for diverse cross-border payment options. That’s why an Irish-based fintech startup called NomuPay has raised $40 million in a Series C round from SB Payment Service (SBPS), a subsidiary of Japanese telco giant SoftBank Corp, at a valuation of $290 million. NomuPay makes it easier for merchants…
Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion. The secondary stock offering, which comes after xAI acquired Musk’s social media platform, X, for $33 billion, will allow staff to sell shares to new investors. The tender offer will likely precede a larger…
IBM on Monday said that it has acquired Seek AI, an AI platform that allows users to ask questions about enterprise data using natural language, for an undisclosed sum. Seek CEO and founder Sarah Nagy said that the startup’s technology will be a key part of Watsonx AI Labs, IBM’s new NYC-based AI accelerator, which…
Chime, whose pending IPO is expected to be one of 2025’s blockbuster hits, issued a share price range on Monday of $24 to $26. That a market cap of up to $11.2 billion. At the midrange, the company will raise $800 million for itself and a handful of investors, including European VC powerhouse Cathay Innovation,…
Updated 1:13 p.m. Pacific: A Salesforce spokesperson told TechCrunch that Moonhub has not, in fact, been acquired (by the company’s definition of the term). Rather, Moonhub is shutting down, and only some of the company’s team — not the whole team, as MoonHub implied in its post about the news — will be joining Salesforce….
Maggie Stamets is a Podcast Producer for TechCrunch based in Denver, Colorado. Previously, she worked as the Brand and Content Manager for BUILT BY GIRLS where she developed an interest in tech and a passion for creating equitable and welcoming professional tech spaces. She holds a bachelor’s degree in Journalism with a minor in English…
