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India is pushing Aadhaar, the world’s largest digital identity system, deeper into everyday private life through a new app and offline verification support, a move that raises new questions about security, consent, and the broader use of the massive database. Announced in late January by the Indian government-backed Unique Identification Authority of India (UIDAI), the…
Deep tech startups in sectors such as space, semiconductors, and biotech take far longer to mature than conventional ventures. Because of that India is adjusting its startup rules, and mobilizing public capital, hoping to help more of them make it to commercial products. This week, the Indian government updated its startup framework, doubling the period…
The war on California’s proposed ‘Billionaire’s Tax’ is getting weird. This week, amid ongoing rancor from tech elites over the much maligned bill, it became apparent that someone was planning a so-called “March for Billionaires” in San Francisco. A website advertising the event popped up online, providing little in the way of context other than…
The Trump administration announced this week the U.S. government would work to build a $11.7 billion stockpile of critical minerals. That’s the headline; the subtext is more intriguing. The stockpile initiative, branded as Project Vault, is the latest attempt by the administration to secure supplies of critical minerals for U.S. manufacturers and what President Donald…
The Securities and Exchange Commission has dropped its lawsuit against Gemini, the crypto exchange founded by twins Cameron and Tyler Winklevoss. The Winklevoss twins were donors to Donald Trump’s re-election campaign and also backed his family’s business ventures. In a joint filing on Friday, the SEC and Gemini asked the court to dismiss the lawsuit,…
With the change in TikTok ownership, TikTok users in the U.S. are collectively freaking out over the company’s updated privacy policy after being alerted to the changes through an in-app message. The revised document details the U.S. joint venture’s conditions for using its service, including the specific location information it may collect. Many users are…
Defense tech company Anduril on Thursday announced its plans to expand its Southern California presence with a major campus in Long Beach, the coastal town where founder Palmer Luckey grew up. The expanded campus will eventually support about 5,500 jobs. Luckey told TechCrunch that these will be new jobs, not transfers from other operations. Anduril’s…
If you’ve been following the billionaire exodus from California with some confusion, here’s what’s actually driving the nervousness: it’s not the 5% rate. As highlighted Friday in the New York Post, the proposed wealth tax would hit founders on their voting shares rather than the actual equity they own. Take Larry Page, who about 3%…
The Trump administration suffered a series of legal setbacks this week after judges allowed work to restart on several offshore wind farms under construction on the East Coast. The Department of the Interior had ordered a stop to five projects totaling 6 gigawatts of generating capacity in December, citing national security concerns. The judicial orders…
Over the past few days, France and Malaysia have joined India in condemning Grok for creating sexualized deepfakes of women and minors. The chatbot, built by Elon Musk’s AI startup xAI and featured on his social media platform X, posted an apology to its account earlier this week, writing, “I deeply regret an incident on…