Getir, a Turkish instant delivery company, is shutting down its operations in the US, UK, and Europe to focus on its home market of Turkey. The company, once valued at $12 billion, is scaling back its aggressive expansion strategy.
Source: https://techcrunch.com/
Business | Rating: 42 | 2024-04-29 01:35:04 PM |
Ola, an Indian ride-hailing startup, has terminated CEO Hemant Bakshi after four months and cut 180 jobs to improve profitability. The restructuring exercise aims to gear the company for future growth, with SoftBank and Tiger Global among its backers.
Source: https://techcrunch.com/
Business | Rating: 47 | 2024-04-29 12:45:04 PM |
The National Highway Traffic Safety Administration (NHTSA) is investigating Ford's BlueCruise hands-free driver assistance system after it was active in two recent crashes that killed multiple people. The crashes occurred in Texas and Pennsylvania in February and April, respectively.
Source: https://techcrunch.com/
AI | Rating: 38 | 2024-04-29 12:05:04 PM |
The European Union will apply its Digital Markets Act rules to Apple's iPadOS, requiring compliance within six months. This adds the tablet ecosystem to the four existing Apple platforms regulated under the act, increasing regulatory risk for the tech giant.
Source: https://techcrunch.com/
Tech | Rating: 42 | 2024-04-29 11:15:04 AM |
OpenAI, the company behind ChatGPT, has partnered with the Financial Times, a UK-based publication, on a content licensing deal. The terms of the agreement are not disclosed. This is the latest in a series of deals between OpenAI and European publishers, following agreements with Axel Springer and AP, Le Monde, and Prisa Media.
Source: https://techcrunch.com/
2024-04-29 08:25:10 AM |
Kubik, a plastic upcycling startup, has received a $1.9 million seed extension from African Renaissance Partners, Endgame Capital, and King Philanthropies. The investment will support the company's scaling operations in Ethiopia after launching its factory in Addis Ababa.
Source: https://techcrunch.com/
Startup | Rating: 42 | 2024-04-29 06:05:04 AM |
OpenAI's ChatGPT AI chatbot faces a new EU privacy complaint from nonprofit noyb, filed on behalf of an individual, citing the inability to correct misinformation generated about individuals. The complaint targets the technology's tendency to produce incorrect information, violating the EU's General Data Protection Regulation (GDPR).
Source: https://techcrunch.com/
AI | Rating: 83 | 2025-01-07 09:15:18 PM |
Boston Dynamics and Agility are teaching their bipedal robots to fall safely. The companies are working on human-like robots that can learn to fall without getting damaged. No specific statistics or locations were mentioned in the news.
Source: https://techcrunch.com/
2024-04-28 08:25:10 PM |
Tesla's profits decreased, while Fisker ceased operations. Tesla's earnings report showed a decline in profits. Fisker, a rival electric vehicle manufacturer, halted its operations. No specific figures were mentioned in the report.
Source: https://techcrunch.com/
Business | Rating: 44 | 2024-04-28 06:05:04 PM |
MongoDB CEO Dev Ittycheria has led the company since 2014, taking it to the cloud, overseeing an IPO, and growing the customer base from a few hundred to 50,000. He reflects on the company's transition from open source and the launch of its venture capital arm.
Source: https://techcrunch.com/
Business | Rating: 51 | 2024-04-28 03:35:04 PM |