Insempra plans to turn oil yeast in lipids on an industrial scale using yeast fermentation factories. © 2024 TechCrunch. All rights reserved. For personal use only.

Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top customer. Tesla accounted for “more than 10%” of Luminar’s revenue in the first quarter of 2024, or a little more than $2 million, the […] © 2024 TechCrunch. All rights reserved....

U.S. realty trust giant Brandywine Realty Trust has confirmed a cyberattack that resulted in the theft of data from its network. In a filing with regulators on Tuesday, the Philadelphia-based Brandywine described the cybersecurity incident as unauthorized access and the “deployment of encryption” on its internal corporate IT systems, consistent with...

Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The EV-maker brought in $1.2 billion in revenue in the period, coming in just under its record haul from the prior quarter, according to its first-quarter earnings report that was […] ©...

Meta claims that it has strong guardrails in place to prevent its system from generating inappropriate ad content or low-quality images. © 2024 TechCrunch. All rights reserved. For personal use only.

On April 29, Senators Jon Ossoff (D-GA) and Marsha Blackburn (R-SC) proposed a bipartisan bill to protect children from online sexual exploitation. President Biden officially signed the REPORT Act into law on Tuesday. This marks the first time that websites and social media platforms are legally obligated to report crimes related to federal trafficking,...