Author: Jason
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An early Joby Aviation backer might soon be its biggest distributor in Saudi Arabia
Joby Aviation has signed an MoU with investor and Saudi Arabian conglomerate Abdul Latif Jameel (ALJ) to distribute up to 200 electric aircraft valued at about $1 billion over the coming years. Read more
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Indeed CEO Chris Hyams resigns, hands over reins to former chief Hisayuki Idekoba
The company’s parent firm Recruit’s CEO, Hisayuki Idekoba, will return to his post as CEO of Indeed. Read more
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Watch Apple’s WWDC 2025 keynote right here
Apple will host its WWDC developer conference for 2025 from June 9 to June 13. Read more
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TikTok launches ‘TikTok for Artists,’ a new music insights platform
TikTok announced on Tuesday that it’s officially launching TikTok for Artists, a new music insights platform that is designed to help artists build their careers. The official launch comes two months after TikTok was spotted testing the platform in select countries. The tool is built to help artists and their teams better connect with fans,… Read more
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Irish fintech NomuPay lands $40M at a $290M valuation from SoftBank
As global trade evolves, there’s an increasing demand for diverse cross-border payment options. That’s why an Irish-based fintech startup called NomuPay has raised $40 million in a Series C round from SB Payment Service (SBPS), a subsidiary of Japanese telco giant SoftBank Corp, at a valuation of $290 million. NomuPay makes it easier for merchants… Read more
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Valla raises $2.7M to make legal recourse more accessible to employees
After a while, Danae Shell got tired of hearing the same story over and over again. “Something bad would happen to someone at work, and the story always ended the same way,” she told TechCrunch. “They just left, because doing anything else was incredibly complex and expensive.” One doesn’t need to look far to notice… Read more
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Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI
Console’s mission is to help IT teams reduce mundane, repetitive tasks, thereby freeing up time for help desk professionals to work on more strategic and sophisticated projects. Read more
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Former DreamWorks CEO Jeffrey Katzenberg co-leads $15.5M Series A for AI video ad platform
DreamWorks co-founder Jeffrey Katzenberg’s venture fund WndrCo co-led a $15.5 million Series A round for Creatify, an AI video ad platform. Creatify’s AdMax platform uses AI to quickly generate dozens of video advertisements, which are geared toward social media marketing — AdMax analyzes high-performing social video campaigns on apps like TikTok and Instagram to shape… Read more
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Microsoft Bing gets a free Sora-powered AI video generator
Microsoft Bing announced today that it is introducing the Bing Video Creator to its app, which uses OpenAI’s Sora model to let users generate videos from text prompts. OpenAI, which has a longstanding partnership with Microsoft, has locked down access to Sora‘s video generation for paying customers only. Its integration in Microsoft Bing represents the… Read more
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Snowflake to acquire database startup Crunchy Data
The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the deal to be worth around $250 million. The terms weren’t disclosed. Snowflake declined to comment… Read more