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Fusion startups have a tough row to hoe. Their mission? To create a new kind of power plant that produces more energy than it consumes — something no one has ever done with fusion energy before. That means proving their technology works, showing it can be scaled up, and convincing investors it can all be…
Tech company Yahoo has removed several pages and other sections from its corporate website in recent months relating to its diversity, equity, and inclusion (DEI) policies, TechCrunch has learned. A section of Yahoo’s website that was previously dedicated to DEI no longer loads and instead redirects to the company’s executive leadership page. A previous version…
Just one day after TechCrunch revealed that Jeff Bezos is backing a secretive EV startup called Slate Auto, an early version of the company’s low-cost electric pickup truck was spotted in the wild. Reddit user u/discostranger09 posted a photo to the r/whatisthiscar subreddit on Wednesday of a small, dark gray two-seater pickup truck on a…
Banking-as-a-service startup Solid (formerly called Wise) has filed for Chapter 11 bankruptcy protection, according to documents filed in the United States Bankruptcy Court for the District of Delaware on April 7. Founded in 2018, the fintech company had raised a total of nearly $81 million in funding from investors such as FTV Capital and Headline….
Jeff Bezos is funding a secretive EV startup based in Michigan called Slate Auto that could start production as soon as next year, according to multiple sources and documents that link the billionaire’s family office to the startup. Slate, which took root in another Bezos-connected company called Re:Build Manufacturing, has been operating quietly since its…
Nikola founder Trevor Milton, who was recently pardoned after being convicted of securities fraud, is trying to buy the assets of his former company out of bankruptcy, according to new court filings and a person familiar with the matter. Nikola filed for Chapter 11 bankruptcy protection in February and has said it hopes to sell…
A leak site used by the Everest ransomware gang was hacked and defaced this weekend, TechCrunch has learned. The leak site, which the ransomware gang uses to publish stolen files to extort its victims into paying a ransom demand, was replaced with a brief text note: “Don’t do crime CRIME IS BAD xoxo from Prague.”…
AI sales rep startups are a very crowded market these days. If you’re driving into San Francisco from the airport, you’ll probably spot billboards promising that you can “Stop Hiring Humans” (Artisan) or urging you to “Hire Piper, the AI SDR” (Qualified). While some of these startups are certainly growing fast, the field has its…
Despite being the most abundant element in the universe, making cheap, clean hydrogen here on Earth has been a surprisingly tough nut to crack. “Hydrogen has always been plagued with a couple problems, One is, how do you make it efficiently? Another one is, how do you distribute it efficiently?” Siva Yellamraju, co-founder and CEO…
Sometimes, surprises are lurking in everyday data. Take a category of consumers that Doug Rubin’s startup, Northwind Climate, calls “climate doers.” They’re concerned about climate change and tend to prioritize climate-friendly purchases, the sort of identifiers who might be stereotypically associated with things like buying organic foods or prioritizing local businesses. “Turns out that the…