Author: Jason
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Waymo expands its robotaxi service across Silicon Valley
Waymo will start offering robotaxi rides to people in its “Waymo One” early rider program in Mountain View, Los Altos, Palo Alto, and “parts of Sunnyvale” starting Wednesday, an expansion that will bring its footprint in Silicon Valley to 27 square miles. The Waymo vehicles will be available around-the-clock, and the new territories add to… Read more
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Virtual physical therapists Hinge Health files for IPO, estimated to raise $500M
Hinge Health, a 10-year-old company that offers a digital solution to treat chronic musculoskeletal (MSK) conditions, filed to go public. Although Hinge has not yet announced how many shares, nor priced them, the IPO specialists at Renaissance Capital estimate the company hopes to raise up to $500 million in its offering. Hinge’s revenue in 2024… Read more
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BaaS startup Synctera raises $15M, signs Bolt as a customer
The banking-as-a-service space took a hit last year when Synapse collapsed. But that hasn’t stopped BaaS startup Synctera from raising another $15 million in funding, it tells TechCrunch exclusively. Synctera works to provide companies “of all shapes and sizes with everything they need to launch and operate fintech and embedded banking products,” including: accounts, cards,… Read more
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The sibling founders of Stax Payments are back with a new fintech and a $20M seed raise
Worth, a company focused on helping fintechs, banks, and enterprises underwrite small and medium-sized businesses more easily, has raised $20 million in a seed funding round, the startup tells TechCrunch exclusively. It’s a large seed round, especially these days when capital is harder to come by. But the founders’ history may have something to do… Read more
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FTC says Americans lost $12.5B to scams last year — social media, AI and crypto didn’t help
You’re not the only one getting voicemails about your car’s extended warranty. According to the U.S. Federal Trade Commission (FTC), about 2.6 million people submitted reports on falling victim to fraud in 2024, totaling $12.5 billion in losses. That’s a big jump from $2.5 billion lost in 2023, when the FTC received roughly the same… Read more
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TikTok now lets parents see their teen’s follower/following list, block access during certain hours
TikTok announced on Tuesday that it’s rolling out new features to protect teens on its app. The social network is giving parents the ability to block their teen from using TikTok during certain hours and see their teen’s following and followers lists through new Family Pairing features. TikTok is also going to encourage young users… Read more
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Trump nominates Sean Plankey as new CISA director
Plankey, if approved by the Senate, will serve as CISA’s third director. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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EU AI Act: Latest draft Code for AI model makers tiptoes towards gentler guidance for Big AI
Ahead of a May deadline to lock in guidance for providers of general purpose AI (GPAI) models on complying with provisions of the EU AI Act that apply to Big AI, a third draft of the Code of Practice was published on Tuesday. The Code has been in formulation since last year, and this draft… Read more
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Learn what VCs want to see from founders at TechCrunch Sessions: AI
It’s no secret that AI has eaten the lion’s share of funding over the past couple of years, with investments into the sector surging 62% to $110 billion in 2024 alone, while startup funding overall declined 12%. Startups may think that just adding “AI” to their company’s name might help them secure that funding. But… Read more
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Musk’s Starlink to launch in India through Airtel
Airtel has tied up with SpaceX to launch Starlink in India. © 2024 TechCrunch. All rights reserved. For personal use only. Read more