SkyCell nabs $59M more for its greener smart pharma transport containers

The most urgent moments of the Covid-19 pandemic may be in the past, but the need for fast and secure ways to send valuable, fragile medicines and their components around the world is still very current. SkyCell has developed hardware and software to run that transport process better — and greener, it says — than […]

Amazon to hold Prime Day sales on July 16 and 17

Amazon said on Tuesday that its annual Prime Day sales event will be held on July 16 and 17. The sales will kick off at 12.01 a.m. Pacific Standard Time on 16 July for U.S. citizens, and will feature exclusive and invite-only deals for Prime members. Apart from the U.S., Amazon is holding Prime Day […]

Connect Money scores $8M to enable non-bank businesses to offer embedded finance services

Banking-as-a-service (BaaS) platforms are instrumental in driving access to digital financial services by introducing fintech capabilities to non-bank businesses. Multiple businesses are tapping these platforms to circumvent the need to build their own tech infrastructure and the bureaucratic processes of acquiring the requisite regulatory approvals to offer financial services including card payments and lending. Globally, […]

TechCrunch Space: Building (and testing) for the future

Hello and welcome back to TechCrunch Space. It’s becoming a habit to open each TechCrunch Space newsletter with a bit of an update on Boeing’s Starliner mission, so bear with me. Per NASA officials, the spacecraft will now return its two-person crew to Earth no earlier than June 26, instead of the originally planned date […]

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized […]

Experts say Telegram’s ’30 engineers’ team is a security red flag

Over the weekend, a clip from a recent interview with Telegram’s founder Pavel Durov went semi-viral on X (previously Twitter). In the video, Durov tells right-wing personality Tucker Carlson that he is the only product manager at the company, and that he only employs “about 30 engineers.”  Security experts say that while Durov was bragging […]