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Flipkart to relocate HQ to India ahead of IPO

Flipkart to relocate HQ to India ahead of IPO

​Flipkart, the Walmart-owned Indian e-commerce startup that closely fights Amazon in the South Asian market, is preparing to shift its headquarters back to India from Singapore as the company prepares to file for an IPO on Indian stock exchanges. On Monday, Flipkart said the move “represents a natural evolution, aligning our holding structure with our […]  

ChatGPT search is growing quickly in Europe, OpenAI data suggests

ChatGPT search is growing quickly in Europe, OpenAI data suggests

​ChatGPT search, OpenAI’s feature within ChatGPT that allows the chatbot to access and incorporate up-to-date information from the web into its responses, is growing at a fast clip in Europe. A report filed by one of OpenAI’s EU corporate divisions, OpenAI Ireland Limited, reveals ChatGPT search had roughly 41.3 million average monthly active “recipients” for […]  

Mark Zuckerberg once suggested spinning out Instagram as a solution to its ‘cannibalization’ of Facebook

​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

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

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 […]  

A16z acqui-hires VC tech podcaster Erik Torenberg, who joins as new partner

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 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 […]