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Elon Musk says DOGE involvement is making it harder to run his businesses

​[[{“value”:” In an interview with Fox’s Larry Kudlow on Monday, billionaire Elon Musk admitted that his involvement with the Department of Government Efficiency (DOGE), Donald Trump’s initiative to reduce federal spending, is making it tougher to run his many businesses: X, Tesla, xAI, SpaceX, The Boring Company, and Starlink. “How are you running your other businesses?” […] © 2024 TechCrunch….

Eric Schmidt joins Relativity Space as CEO

​[[{“value”:” Former Google CEO Eric Schmidt is taking over as the CEO of Relativity Space, a 9-year-old rocket startup, a company spokesperson confirmed in a statement to TechCrunch. This is Schmidt’s first CEO job since he left Google roughly 15 years ago. On Monday, Schmidt told employees of Relativity Space that he made a significant investment […] © 2024 TechCrunch….

In another chess move with Microsoft, OpenAI is pouring $12B into CoreWeave

​[[{“value”:” In a grandmaster-level chest move, OpenAI has signed a five-year, $11.9 billion agreement with GPU-heavy cloud service, CoreWeave, Reuters reports citing people close to the deal. The deal involves OpenAI buying $350 million worth of equity in CoreWeave, the sources told Reuters. This stock sale is said to be separate from CoreWeave’s planned IPO. CoreWeave […] © 2024 TechCrunch….

Rad Power Bikes CEO steps down

​[[{“value”:” Rad Power Bikes CEO Phil Molyneux has stepped down as part of a wider strategic reshuffling at the acclaimed electric bicycle company. The company told TechCrunch that Chief Financial Officer Stephanie Roberts will serve as interim CEO while the company searches for a replacement, and that Molyneux will serve as an adviser. The news, first […] © 2024 TechCrunch….

Bluesky now lets users upload videos that are up to 3 minutes long

​[[{“value”:” Bluesky now allows videos that are up to 3 minutes long, the decentralized social network announced on Monday. The platform launched support for video back in September with a 60-second time limit. With the new expanded time limit, Bluesky is bringing its user experience more in line with its competitors, X (formerly Twitter) and Meta’s […] © 2024 TechCrunch….

Open web initiatives Project Liberty and Solid could be teaming up

​[[{“value”:” Two initiatives to create a more open web, where users are in control of their own digital identities and data, may be coming together. At SXSW 2025, entrepreneur Frank McCourt, whose Project Liberty is developing open internet infrastructure (and is throwing its hat in the ring as a potential buyer for TikTok), announced that his […] © 2024 TechCrunch….

Poolside CEO says most companies shouldn’t build foundation models

​[[{“value”:” Poolside co-founder and CEO Jason Warner didn’t mince words: He thinks that most companies looking to build foundation AI models should instead focus on building applications. Poolside is an AI-powered software development platform. Warner told the audience at the HumanX AI conference in Las Vegas on Monday that he doesn’t think anyone who doesn’t think […] © 2024 TechCrunch….