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VC Aileen Lee highlights how the broader investor exodus is worsening woes for unicorn companies
In this week’s episode of the StrictlyVC Download podcast, veteran VC Aileen Lee was direct about a major consequence of the recent boom-and-bust cycle: many companies stuck in limbo aren’t just struggling to regain their footing after raising too much money at unsustainable valuations; they’ve also lost the champions who once backed them. Lee was…
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Joby Aviation and Virgin Atlantic partner to launch electric air taxis in the UK
Joby Aviation is partnering with Virgin Atlantic to launch electric air taxis in the U.K., marking the seventh country in which the startup hopes to one day commercialize. Joby, which went public in 2021 via special purpose acquisition merger, did not provide a timeline for when it plans to launch its partnership with Virgin in…
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Amazon’s Echo will send all voice recordings to the cloud, starting March 28
Amazon Echo users will no longer have the option to process their Alexa requests locally, which means all of their voice recordings will be sent to the company’s cloud. Ars Technica reports that on Friday, Amazon sent an email to customers who have “Do Not Send Voice Recordings” enabled on their Echo smart speakers and…
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Bluesky users debate plans around user data and AI training
Social network Bluesky recently published a proposal on GitHub outlining new options it could give users to indicate whether they want their posts and data to be scraped for things like generative AI training and public archiving. CEO Jay Graber discussed the proposal earlier this week, while on-stage at South by Southwest, but it attracted…
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Week in Review: SXSW week comes to a close
Welcome back to Week in Review! I’m Karyne Levy, TechCrunch’s deputy managing editor, and I’ll be writing this newsletter from here on out. Thrilled to be here! This week we’re checking out everything at SXSW; Waymo’s expansion into Silicon Valley; Intel’s new CEO; TikTok’s new suitor; and why DeepSeek isn’t taking VC money. Let’s get…
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SpaceX launches astronauts for long-awaited International Space Station crew swap
SpaceX successfully launched four people into space on Friday, beginning a mission that will give the International Space Station enough crew members to allow astronauts Suni Williams and Butch Wilmore to return to Earth after their nine-month stay. The mission, known as Crew-10, will see SpaceX’s Dragon spacecraft dock with the International Space Station (ISS)…
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Skype is shutting down in May — these are the best alternatives
After 23 years of connecting people around the world, Skype, the popular video-calling service, is shutting down. Microsoft, the parent company, confirmed that the official sunset date for the service is May 5, 2025. Skype users can either migrate all their contacts and chat data to Microsoft Teams, or they can choose to download their…
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Republican Congressman Jim Jordan asks Big Tech if Biden tried to censor AI
On Thursday, House Judiciary Chair Jim Jordan (R-OH) sent letters to 16 American technology firms, including Google and OpenAI, asking for past communications with the Biden Administration that might suggest the former President “coerced or colluded” with companies to “censor lawful speech” in AI products. The Trump Administration’s top technology advisers previously signaled it would pick…
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Bench is charging people for services they already paid for, some customers say
Bench customers say they’re being required to pay for services they already paid for. Bench’s new owners deny it. © 2024 TechCrunch. All rights reserved. For personal use only.
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AI coding assistant Cursor reportedly tells a ‘vibe coder’ to write his own damn code
As businesses race to replace humans with AI agents, coding assistant Cursor just gave a peek at the attitude bots could bring to work, too. © 2024 TechCrunch. All rights reserved. For personal use only.