In an internal email surfaced as part of the Meta antitrust trial, Meta CEO Mark Zuckerberg fretted about the potential that the company’s Instagram acquisition may cannibalize Facebook. Were that to happen, it could lead to the “network collapse of the more engaging and profitable product,” a worried Zuckerberg told other Meta executives in a […]
Feds accuse Uber of charging customers for subscriptions without consent
The Federal Trade Commission filed a lawsuit Monday against Uber, alleging the ride-hail and delivery giant charged customers for its Uber One subscription service without their consent. The lawsuit also claims Uber failed to deliver the savings promised in its subscription service and made it unreasonably difficult for users to cancel despite its “cancel anytime” […]
Bezos-backed EV startup pitched investors on ‘Transformer’-like customization
Jeff Bezos-backed Slate Auto has planted multiple concept versions of its EV on the streets of California. It’s a marketing tactic that teases the secretive startup’s strategy to sell a “Transformer”-like vehicle, people familiar with the company’s internal discussions told TechCrunch. This unconventional real-world tease comes days before Slate’s April 24 launch event at Long […]
Tariff turmoil may have killed the tech M&A market’s comeback
The tech market doesn’t need to be soaring up and to the right to foster healthy M&A activity. Deals can get done even in down markets. But can M&A thrive in an uncertain market? That’s a harder question. The venture market soured in 2022 as fundraising and exits largely dried up. Since then, venture investors […]
PHNX Materials found a way to decarbonize concrete using dirty coal waste
PHNX Materials has devised a way to strip fly ash of sulfur and aluminum, impurities that concrete companies would rather avoid.
A16z acqui-hires VC tech podcaster Erik Torenberg, who joins as new partner
Andreessen Horowitz’s hiring spree continues. On Monday, Erik Torenberg announced that the giant VC firm had acquired his Turpentine podcast, with him joining as a general partner. Torenberg’s podcast focuses mostly on interviewing VCs at a variety of firms about their approach to investing. Recent guests include Accel’s Andrew Braccia, Seven Seven Six’s Alexis Ohanian, […]
Bluesky launches blue check verification
Bluesky announced on Monday that it is rolling out blue check verification, confirming previous rumors that this feature was on its way to the platform. Like Twitter’s original blue check (RIP), Bluesky’s blue check will verify that notable accounts are legitimate, making it easy for users to trust that an account’s posts are real. In […]
Reddit briefly down for users worldwide
Popular social network and forum site Reddit reported significant outages on Monday morning. The connection errors started at around 11:20 a.m. ET, according to the website Downdetector, which collects anecdotal reports from impacted users globally. At its peak, more than 90,000 users logged an outage report with the downtime tracking website. At 11:52 a.m. ET, […]
An AI doctoral candidate in California says they had their student visa revoked
An AI doctoral student in California had their SEVIS record — the digital proof of their valid student visa — terminated, putting their immigration status at risk. Speaking to TechCrunch, the student, who requested anonymity for fear of reprisal, said they were notified via their college’s international student center that they’d been identified in a criminal records […]
Put your brand at the center of the AI conversation — host a Side Event during TechCrunch Sessions: AI
This June, the most influential minds in artificial intelligence will converge at TC Sessions: AI — and your brand has a unique opportunity to be part of the action. From June 1–7, TechCrunch is curating a weeklong series of Side Events that orbit the main stage event on June 5 at UC Berkeley’s Zellerbach Hall. […]