Category: Uncategorized

Being a staggeringly successful big tech company does have some downsides: Apple has lost an appeal against a special abuse control regime that Germany’s competition watchdog applied to it last year. The iPhone maker can expect to continue to face bespoke competition controls in a major European market, in addition to other similar laws (such… Read more

Google is making the biggest acquisition in its history. The company’s parent company Alphabet is acquiring Wiz, the cloud security startup, for $33 billion, sources very close to the deal have told me. The deal will still need regulatory and other approvals before closing. From what we can see, Google and Wiz have yet to… Read more

Nerdio, a platform designed to simplify how companies deploy and manage Microsoft cloud technologies, has raised $500 million in a Series C round of funding. The Chicago-based startup says its valuation has now quadrupled since its Series B round two years ago, and is now firmly in unicorn territory — though the company wouldn’t reveal… Read more

Y Combinator-backed Nigerian food procurement startup Vendease has changed its employee pay structure and is seeking fresh capital, TechCrunch has learned. This is after laying off 44% of its workforce — around 120 employees —last month, marking its second round of job cuts in five months. In the latest development, the startup has now replaced… Read more

U.S. President Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid other uncertainty — actions that will inevitably impact the technology sector, too. Today, however, one food e-commerce startup, GrubMarket, is announcing a new equity round of $50 million on a raised valuation of over $3.5 billion — a signal of… Read more

African businesses pay up to four times the global average to transport goods. Nairobi-based logistics SaaS provider Leta wants to change that. © 2024 TechCrunch. All rights reserved. For personal use only. Read more

Waymo has been given permission to map roadways at the San Francisco International Airport (SFO) via a temporary permit — the first step in the Alphabet company’s bid to unlock a potentially lucrative use case for its robotaxis. The temporary permit, which was announced Monday evening by San Francisco Mayor Daniel Lurie, kicked off March… Read more

Google’s parent company Alphabet is again in advanced talks to acquire cloud cybersecurity startup Wiz, a person familiar with the deal told TechCrunch. The two companies were close to securing a deal at a $23 billion valuation last summer, but the transaction failed to materialize.  This time, the price being discussed is higher, the person… Read more

Liam Fedus, OpenAI’s VP of research for post-training, is leaving the company to found a materials science AI startup. The Information initially reported Fedus’ plans. In a statement on X, Fedus confirmed the report and added a few additional details. “My undergrad was in physics and I’m keen to apply this technology there,” Fedus said… Read more

Intel’s new CEO Lip-Bu Tan seems ready to get right to work to turn around the struggling company.  The semiconductor giant’s new executive is considering sweeping changes for the company’s chip manufacturing and AI strategies, according to Reuters, including cutting middle management staff and revamping the company’s approach to manufacturing chips. Tan reportedly told company… Read more