Startup and Technology News
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Backflip raises $15 million to help real estate investors flip houses

Flipping houses is not for the faint of heart, no matter how fun or easy HGTV might make it seem. One startup wants to make the process less complicated by offering a different way to borrow money to fund such a purchase. Founded in late 2020, Backflip offers a service to real estate investors for […] © 2024 TechCrunch. All rights reserved. For personal...

Mon Apr 29, 2024 18:30
Musk’s xAI shows there’s more money on the sidelines for AI startups

We’re off to an AI-heavy start to the week. OpenAI has a new deal with the Financial Times that caught our eye. Sure, it’s another content licensing deal, but there appears to be a bit more in the tie-up than just content flowing one way and money the other. We also dug into the xAI […] © 2024 TechCrunch. All rights reserved. For personal use only.

Mon Apr 29, 2024 17:29
Twitter co-founder Biz Stone joins board of Mastodon’s new U.S. non-profit

Biz Stone, a Twitter co-founder, is among those who have joined the board of directors of Mastodon’s new U.S. non-profit, Mastodon CEO Eugen Rochko announced over the weekend. Mastodon’s service, an open source, decentralized social network and rival to Elon Musk’s X, has gained increased attention following the Twitter acquisition as users sought alternatives...

Mon Apr 29, 2024 17:29
Getir pulls out of US, UK, Europe to focus on Turkey; 6,000+ jobs impacted

True to its business concept, Turkey’s “instant delivery” juggernaut Getir rose quickly. Now, with the quick commerce industry in free fall, it is nosediving just as fast. On Monday, the company — once valued close to $12 billion — announced it would shut down its operations the U.S., the U.K. and Europe to focus solely […] © 2024 TechCrunch. All...

Mon Apr 29, 2024 16:28
Indian ride-hailing giant Ola cuts 180 jobs in profitability push

India's Ola has let go its chief executive, Hemant Bakshi, merely four months after appointing him to the post, and is cutting about 180 jobs. © 2024 TechCrunch. All rights reserved. For personal use only.

Mon Apr 29, 2024 16:28
Ford’s BlueCruise hands-free system under investigation after fatal crashes

Federal safety regulators have opened an investigation into Ford’s hands-free driver assistance system, BlueCruise, after it was found to be active during two recent crashes that killed multiple people. The National Highway Traffic Safety Administration’s Office of Defects Investigation (ODI) said on Monday that it has confirmed BlueCruise was active...

Mon Apr 29, 2024 15:28

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