Author: Jason
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Mark Cuban is ready to fund a TikTok alternative built on Bluesky’s AT Protocol
Entrepreneur and investor Mark Cuban is ready to fund a TikTok alternative built on Bluesky’s AT Protocol, he shared in a TikTok video posted on Wednesday. In anticipation of the coming U.S. TikTok ban, which will go through on Sunday unless paused by the Supreme Court, users have been fleeing to other video platforms, including… Read more
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A rising EV startup star snags $100M and Tesla’s win-lose federal funding moment
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Before we move into the news of this week, we have one more roundup of transportation tech at CES 2025. As I noted last week, autonomous vehicle… Read more
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Trading platform eToro said to be eyeing $5B US IPO in 2025
Trading platform eToro has reportedly filed confidentially for a US IPO that could value the company at over $5 billion. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Instagram Threads won’t share a timeline for account portability
Will Instagram Threads truly integrate with the fediverse, also known as the open social web, to allow its users not only to interact with people on other services like Twitter alternative Mastodon but also to move their account elsewhere if they decide that Meta’s policies are no longer to their liking? Today that answer remains… Read more
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TikTok ban poised to be delayed as Trump explores ways to extend deadline
The U.S. ban on TikTok is poised to be delayed as the deadline falls on the MLK Day holiday weekend and President-elect Donald Trump’s incoming administration intends to find a way to extend the deadline, Bloomberg reports. Biden officials see the issue as one for Trump’s incoming administration, as the current administration doesn’t plan to intervene… Read more
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Goldman Sachs’ David Solomon tells startups to reconsider going public
Goldman Sachs is one of the biggest investment banker “book runners” for IPOs – where banks are paid many millions of dollars for each listing they underwrite. Yet CEO David Solomon told attendees of the Cisco AI Summit in Palo Alto that startups should reconsider the idea of going public, reports the Financial Times. Solomon… Read more
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This MIT spinout wants to spool hair-thin fibers into patients’ brains
You can’t start a company without a healthy dose of daring, and that’s certainly the case with NeuroBionics. The MIT-spinout thinks it could one day improve the lives of millions of people who live with neurological conditions like depression, epilepsy and Parkinson’s disease. Famed investor Steve Jurvetson of Future Ventures said that if everything goes… Read more
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Symbotic set to take over Walmart’s robotics business
Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business. Symbotic is paying $200 million in cash for the program, plus up to $350 million in “additional contingent consideration,” depending on how the deal shakes out. The relationship is more partnership than straight acquisition,… Read more
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Anduril to build its billion-dollar weapons megafactory in Ohio
Today, Anduril announced it is building their massive weapons factory, Arsenal-1, in Columbus, Ohio, confirming TechCrunch’s earlier reporting. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Polestar digs in for another grim year
Volvo spinoff Polestar had a rough 2024, and 2025 looks like it could be just as difficult. The EV maker announced Thursday that it expects to generate less revenue in fiscal year 2024 than it did in 2023, after previously estimating sales would stay the same. That’s thanks to “fewer than expected Polestar 3 and… Read more