Pine Labs receives enthusiastic reception from market with $440 million Indian IPO despite valuation cut
Pine Labs, the payments technology company backed by PayPal and Mastercard, won support from retail investors on Friday, ending its first day of trading 14% higher despite lowering the valuation of its $440 million IPO. This makes it India’s second-largest fintech listed company this year, after online brokerage Groww’s debut earlier this week with about […]
Pixel 10 Pro Fold review: Google’s bet to make foldable devices tougher
The Pixel 10 Pro Fold doesn’t look much different when placed side-by-side with last year’s Pixel 9 Pro Fold. Other than Google’s AI chops, there aren’t any major overhauls at first glance. However, this is the first foldable product to receive an IP68 rating, which is significant. Ever since companies started releasing foldable products, durability […]
Inside Harvey: How a first-year legal associate built one of Silicon Valley’s hottest startups
Legal AI might not sound like the sexiest category in Silicon Valley, yet Harvey‘s CEO Winston Weinberg has captured the attention of virtually every top-tier investor in the Valley. The company’s backers read like a who’s who of venture capital: the OpenAI Startup Fund (its first institutional investor), Sequoia Capital, Kleiner Perkins, Elad Gil, Google […]
Blue Origin sticks to first landing of New Glenn rocket, launches NASA spacecraft
Jeff Bezos’ Blue Origin landed the booster of its New Glenn giant rocket on a drone ship in the Atlantic Ocean on just its second attempt. It is the second company to accomplish such a feat, after Elon Musk’s SpaceX. This is an achievement that will help new rocket systems become an option for sending […]
Build mode starts from the beginning: How Forethought AI finds product-market fit
In the debut episode of the Build Mode podcast, host Isabel Johannessen speaks with Deon Nicholas, co-founder of Forethought AI, to uncover what it really takes to build a company that lasts, with and for your customers, from day one. Build Mode is TechCrunch’s new podcast, a messy, tactical, real-talk version that pulls back the […]
Five months later, bottles of $1,200 Besties All-In Tequila are finally starting to ship.
When the hosts of the popular podcast “All In” launched their own tequila brand at a star-studded party last June, 750 bottles of the $1,200 spirit quickly sold out. But getting these bottles into customers’ hands proved more difficult than expected. Jason Calacanis, one of the podcast’s hosts, told TechCrunch that bottles of the long-awaited […]
Defending Apple’s $230 iPhone socks
If you thought Apple’s $19 polishing cloth was ridiculous, wait until you hear about Apple’s latest offering. The limited edition iPhone Pocket is a cloth sling for your phone that retails for $149.95 in the short size and $229.95 in the long crossbody size. It seems like the item itself can be rage fodder. According […]
CISA warns federal agencies to patch flawed Cisco firewalls amid ‘active exploitation’ across US government
US cybersecurity agency CISA said federal government departments are not sufficiently patching Cisco firewalls to protect against active hacking activity targeting them. In its latest advisory released Wednesday, CISA said it is currently “actively tracking the exploitation” of two security flaws in Cisco’s Adaptive Security Appliance (ASA) software, which hardens a range of enterprise-grade firewalls […]
Firefighters suffered chemical burns at Elon Musk’s boring company construction site
Firefighters conducting safety training at one of The Boring Company’s construction sites in Las Vegas suffered burns from chemicals used in the tunneling process, according to a new report in Fortune magazine. Clark County firefighters were not advised of the potential danger beforehand and suffered permanent scarring, the report said. Employees working in The Boring […]
Sam Altman-backed Exowatt wants to power AI data centers with billions of hot rocks
When Hannan Happi started thinking about how to solve the AI power crisis, he had one number in mind: 1 cent per kilowatt-hour. “We looked at all kinds of configurations and designs,” Exowatt co-founder and CEO Happi told TechCrunch. “They all look different from each other. We tried to learn from all of them. How […]