Bench shuts down, leaving thousands of businesses without access to accounting and tax docs
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Bench shuts down, leaving thousands of businesses without access to accounting and tax docs

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on its website.   “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible,” the notice reads. “We know this news is abrupt and may […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium businesses, has abruptly shut down, according to a notice posted on its website.   “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible,” the notice reads. “We know this news is abrupt and may
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

The trends that shaped EVs, robotaxis, and electric flight in 2024
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The trends that shaped EVs, robotaxis, and electric flight in 2024

If there was one phrase that captured the vibe and theme of 2024 — at least in the transportation sector — it was “business whiplash.” Legacy automakers changed direction on their all-EVs-or-bust strategy, startups pivoted, and some Silicon Valley VCs and executives adjusted their views on a changing political landscape in which they now are […]

© 2024 TechCrunch. All rights reserved. For personal use only.

If there was one phrase that captured the vibe and theme of 2024 — at least in the transportation sector — it was “business whiplash.” Legacy automakers changed direction on their all-EVs-or-bust strategy, startups pivoted, and some Silicon Valley VCs and executives adjusted their views on a changing political landscape in which they now are
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

2024: Founder Mode, AI, and the ‘Rise of the Broligarchs’
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2024: Founder Mode, AI, and the ‘Rise of the Broligarchs’

From AI advancements and CrowdStrike’s crash to WordPress drama and which startups VCs have their eyes on next, TechCrunch’s Equity podcast is saying goodbye to 2024 with a look back at the year’s biggest stories in tech. Listen to the full episode to hear hosts Kirsten Korosec, Margaux MacColl, Devin Coldewey and Anthony Ha dig […]

© 2024 TechCrunch. All rights reserved. For personal use only.

From AI advancements and CrowdStrike’s crash to WordPress drama and which startups VCs have their eyes on next, TechCrunch’s Equity podcast is saying goodbye to 2024 with a look back at the year’s biggest stories in tech. Listen to the full episode to hear hosts Kirsten Korosec, Margaux MacColl, Devin Coldewey and Anthony Ha dig
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

PharmEasy’s $5.6 billion value shrinks to $456 million, investor data shows
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PharmEasy’s $5.6 billion value shrinks to $456 million, investor data shows

Indian online pharmacy PharmEasy’s valuation now stands at about $456 million, according to disclosures from its investor Janus Henderson, a 92% drop from its peak valuation of $5.6 billion. The British American global asset firm’s Global Research Fund values its holding of 12.9 million shares in PharmEasy at $766,043, according to its latest filing for […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Indian online pharmacy PharmEasy’s valuation now stands at about $456 million, according to disclosures from its investor Janus Henderson, a 92% drop from its peak valuation of $5.6 billion. The British American global asset firm’s Global Research Fund values its holding of 12.9 million shares in PharmEasy at $766,043, according to its latest filing for
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Onyx Motorbikes is back, one year after its owner died leaving the company in shambles
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Onyx Motorbikes is back, one year after its owner died leaving the company in shambles

A year after Onyx Motorbikes owner James Khatiblou died suddenly, leaving customers with unfulfilled orders and millions in unpaid debts, the brand has been revived by its original founder. “I’m excited to announce I have resurrected my original brand Onyx with incredible backers!” founder Tim Seward wrote in a LinkedIn post on Monday. “Onyx is […]

© 2024 TechCrunch. All rights reserved. For personal use only.

A year after Onyx Motorbikes owner James Khatiblou died suddenly, leaving customers with unfulfilled orders and millions in unpaid debts, the brand has been revived by its original founder. “I’m excited to announce I have resurrected my original brand Onyx with incredible backers!” founder Tim Seward wrote in a LinkedIn post on Monday. “Onyx is
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Revenue-based financing startups continue to raise capital in MENA, where the model just works
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Revenue-based financing startups continue to raise capital in MENA, where the model just works

In an era where it has become tougher to raise venture capital, many companies have turned to non-dilutive, revenue-based financing (RBF) as an alternative. As a result, plenty of startups have risen to meet that challenge, none more so than in the MENA region, which has taken to the model like a duck to water. […]

© 2024 TechCrunch. All rights reserved. For personal use only.

In an era where it has become tougher to raise venture capital, many companies have turned to non-dilutive, revenue-based financing (RBF) as an alternative. As a result, plenty of startups have risen to meet that challenge, none more so than in the MENA region, which has taken to the model like a duck to water.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Proton’s device aims to help those with kidney disease, and cut heart failure risks
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Proton’s device aims to help those with kidney disease, and cut heart failure risks

People with chronic kidney disease, or those at risk of heart failure, are greatly affected by potassium imbalances in the body. These can even be life-threatening. While wearable glucose monitors are now commonplace and have transformed the lives of diabetes patients, potassium monitoring is in its infancy as it’s hard to do. Now, startups are […]

© 2024 TechCrunch. All rights reserved. For personal use only.

People with chronic kidney disease, or those at risk of heart failure, are greatly affected by potassium imbalances in the body. These can even be life-threatening. While wearable glucose monitors are now commonplace and have transformed the lives of diabetes patients, potassium monitoring is in its infancy as it’s hard to do. Now, startups are
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

OpenAI’s o3 suggests AI models are scaling in new ways — but so are the costs
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OpenAI’s o3 suggests AI models are scaling in new ways — but so are the costs

Last month, AI founders and investors told TechCrunch that we’re now in the “second era of scaling laws,” noting how established methods of improving AI models were showing diminishing returns. One promising new method they suggested could keep gains was “test-time scaling,” which seems to be what’s behind the performance of OpenAI’s o3 model — […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Last month, AI founders and investors told TechCrunch that we’re now in the “second era of scaling laws,” noting how established methods of improving AI models were showing diminishing returns. One promising new method they suggested could keep gains was “test-time scaling,” which seems to be what’s behind the performance of OpenAI’s o3 model —
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

AI startups attracted 25% of Europe’s VC funding
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AI startups attracted 25% of Europe’s VC funding

Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. According to VC firm Balderton Capital and Dealroom, 25% of VC funding into the region — approximately $13.7 billion — went to AI startups this year, compared to 15% four years ago, resulting […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. According to VC firm Balderton Capital and Dealroom, 25% of VC funding into the region — approximately $13.7 billion — went to AI startups this year, compared to 15% four years ago, resulting
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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