Byju’s is having a hard time raising the full $200 million from its rights issues that its founder had previously claimed was oversubscribed, sources familiar with the matter told TechCrunch. And now, India’s National Company Law Tribunal has restrained the company from proceeding with its second rights issue amid allegations of oppression and mismanagement by […]
Earlier this year, BASF had to delay the opening of a battery materials plant in Finland when a court agreed with environmental groups that the company didn’t have a good plan to deal with its wastewater. As battery factories spring up around the world, the specter of wastewater threatens to stall their construction. One startup, […]
The economy remains on shaky ground in Europe, but there is some silver lining for enterprise startups: those building tools to help businesses run their finances in more steady and predictable ways are seeing a boost to their business. In the latest development, AccountsIQ, a Dublin-founded accounting technology company that has been in business, and […]
Long-time Android Engineering VP Dave Burke said today that he is stepping down from the role. Burke, who spent 14 years building Android, is not leaving Alphabet and is exploring “AI/bio” projects within the company. Burke was involved in pivotal projects, including building Nexus/Pixel phones, developing Chrome for mobile phones, starting Android TV, and spearheading […]
When Jordan Nathan launched his DTC nontoxic cookware company, Caraway, in 2019, he knew he was not the only founder trying to sell a new brand of pots and pans to millennials scrolling through Instagram. But he found that launching after his peers ended up being a blessing in disguise in all areas but one. […]
Is the key to autonomous cars that don’t run over pedestrians and crash into telephone poles a humanoid robot behind the wheel? A group of researchers at the University of Tokyo think so, and they lay out their argument in a newly published technical paper this week. The researchers, one of whom consults for Toyota, […]
There has been a silly amount of drama in the run-up to Tesla’s annual shareholder meeting on Thursday. The company is set to hold a vote on “re-ratifying” the $56 billion compensation package awarded to Elon Musk in 2018, which was struck down by a Delaware Chancery Court judge earlier this year. It will also […]
iOS apps that build their own social networks on the back of users’ address books may soon become a thing of the past. In iOS 18, Apple is cracking down on the social apps that ask users’ permission to access their contacts — something social apps often do to connect users with their friends or […]
Most coverage of humanoid robotics has understandably focused on hardware design. Given the frequency with which their developers toss around the phrase “general purpose humanoids,” more attention ought to be paid to the first bit. After decades of single purpose systems, the jump to more generalized systems will be a big one. We’re just not […]
There has been a lot of chaos recently in the world of electric vehicles, and Ford has capitalized on it to build out its secretive low-cost EV team. A TechCrunch review of LinkedIn data found that Ford has built this team up to around 300 employees over the last year. That includes around 50 coming […]
