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Sales of electric vehicles in Germany are plummeting — 70% fewer cars were sold in August compared to the same period last year. Across the EU, the EV segment has seen a 44% drop. Overall, car sales have decreased by 18.3%.
The main issue? YouTube. People are realizing that a car priced at $50,000 in the EU would cost just $25,000 in China. T…Read More
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Bill Gates stated that billionaires should be taxed at 70% and their wealth should be redirected towards green projects, the poor, and vulnerable groups.
However, Gates didn’t specify what’s stopping him from setting an example and donating 70% of his own fortune privately.
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Elon Musk has announced a Tesla robot presentation for October 10, claiming it will “go down in history.”
The focus will primarily be on RoboTaxi, Tesla’s fully autonomous project. Rumors suggest the vehicle will have no steering wheel or pedals, and its design may resemble the Cybertruck. Recently, a photo surfaced online of a mysterious Tesla…Read More
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Spill, the Black-owned Twitter alternative, scores investment from Kerry Washington
as the second anniversary of Spill rolls around, Spill has something else to celebrate: Emmy-winning actress Kerry Washington has made an investment in his app.
© 2024 TechCrunch. All rights reserved. For personal use only.Read more:…Read More
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Hedosophia leads $7M seed round into retail supply chain AI startup Ameba
Ameba takes the unstructured data in a retailer’s supply chain systems, sprinkles in some generative AI, and makes the whole thing more efficient.
© 2024 TechCrunch. All rights reserved. For personal use only.Read more: htt…Read More
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Peak XV trims fund size and fees as Indian market overheats
Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of a handful of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which secured capital commitments totaling $2.85 billion in mid 2022, informed…Read More
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Peak XV trims fund size and fees as Indian market overheats
Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of some of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which secured capital commitments totaling $2.85 billion in mid 2022, informed its…Read More
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Abdulboriy posted in the group Quotes
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Peak XV trims fund size and fees as Indian market overheats
Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of some of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which raised $2.85 billion funds in mid-2022, informed its backers on Tuesday…Read More
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Palmer Luckey: Every country needs a ‘warrior class’ excited to enact ‘violence on others in pursuit of good aims’
Palmer Luckey raged against America’s adversaries, endorsed completely autonomous weapons, and hinted at an Anduril IPO.
© 2024 TechCrunch. All rights reserved. For personal use only.Read more: https://tec…Read More
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Threads users can now see who follows them from other fediverse servers
Instagram head Adam Mosseri announced on Tuesday that users who have connected their accounts to the fediverse, also known as the open social web, can now see who follows them and likes their posts from other fediverse servers, such as Mastodon and Pixelfed. The company said…Read More
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Aspect Build gets $3.85M to help developers create software with Bazel
Monorepos are becoming an increasingly popular way to manage source code, but they require a slightly different toolset. Google developed its own internal build and test tool on top of its monorepo and then, in 2015, open sourced it as Bazel. Nine years on, there is a thriving…Read More
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eBay removes UK seller fees to counter new wave of marketplace startups
E-commerce giant eBay, facing stiff competition from newer rivals, has removed final-value sales fees for all items excluding cars sold domestically in the U.K. This mirrors a similar move the company made in Germany last year and notably puts eBay in line with the likes of…Read More
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Sequoia backs Pydantic to expand beyond its open source data-validation framework
Sequoia is investing $12.5M in UK startup Pydantic to help it expand beyond its open source data-validation framework.
© 2024 TechCrunch. All rights reserved. For personal use only.Read more:…Read More
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Anduril speeds up launch of defense payloads by buying Apex satellite buses off the shelf
Anduril is expanding even further into the “ultimate high ground.” The company, which is best known for AI-powered defense products that span air, land and sea, is partnering with satellite bus manufacturing startup Apex Space to rapidly deploy payloads on…Read More
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