Oyo founder seeks new investment at $3.8 billion valuation
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Oyo founder seeks new investment at $3.8 billion valuation

Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium […]

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Oyo founder Ritesh Agarwal’s investment vehicle has proposed to inject another $65.1 million into the hotel management startup, according to shareholder notifications reviewed by TechCrunch. The investment, through Redsprig Innovation Partners, would value the SoftBank-backed company at $3.8 billion, according to terms shared in the extraordinary general meeting notice. While this represents a 38% premium
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Norwegian startup Factiverse wants to fight disinformation with AI
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Norwegian startup Factiverse wants to fight disinformation with AI

In the wake of the U.S. 2024 presidential election, one fact became clear: Disinformation proliferated online at a startling rate, shaping Americans’ views about each candidate as well as a diverse set of topics, including public health, climate change, and immigration. Generative AI – with its ability to produce deepfakes in seconds and its propensity to […]

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

In the wake of the U.S. 2024 presidential election, one fact became clear: Disinformation proliferated online at a startling rate, shaping Americans’ views about each candidate as well as a diverse set of topics, including public health, climate change, and immigration. Generative AI – with its ability to produce deepfakes in seconds and its propensity to
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

TikTok parent ByteDance reportedly values itself at $300 billion
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TikTok parent ByteDance reportedly values itself at $300 billion

ByteDance, the Chinese company that owns TikTok, valued itself at $300 billion in a recent share buyback offer, according to a new report in The Wall Street Journal. That number might sound familiar, as the WSJ previously reported on a ByteDance buyback offer at a $300 billion valuation back in September 2022. But a year […]

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

ByteDance, the Chinese company that owns TikTok, valued itself at $300 billion in a recent share buyback offer, according to a new report in The Wall Street Journal. That number might sound familiar, as the WSJ previously reported on a ByteDance buyback offer at a $300 billion valuation back in September 2022. But a year
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

The US IPO window hasn’t reopened yet, but startups take what they can
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The US IPO window hasn’t reopened yet, but startups take what they can

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here! Despite the short workweek in many locations, the last few days have been crammed with deal announcements and funding news, although it is too early to tell how much was just on hold before […]

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

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here! Despite the short workweek in many locations, the last few days have been crammed with deal announcements and funding news, although it is too early to tell how much was just on hold before
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

‘I went to Greenland to try to buy it’: Meet the founder who wants to recreate Mars on Earth
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‘I went to Greenland to try to buy it’: Meet the founder who wants to recreate Mars on Earth

Praxis co-founder Dryden Brown wants to build a city in Greenland that emulates what a community on Mars could be like.

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

Praxis co-founder Dryden Brown wants to build a city in Greenland that emulates what a community on Mars could be like.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

After raising nearly half a billion, ABL Space pivots from launch vehicles to missiles
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After raising nearly half a billion, ABL Space pivots from launch vehicles to missiles

Significant changes are coming to ABL Space Systems. The leader of the seven year old startup took to social media last night to make a big announcement: the company will no longer be focusing on the commercial launch market, but will be turning instead to missile defense.  ABL had been developing a small launch vehicle […]

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

Significant changes are coming to ABL Space Systems. The leader of the seven year old startup took to social media last night to make a big announcement: the company will no longer be focusing on the commercial launch market, but will be turning instead to missile defense.  ABL had been developing a small launch vehicle
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Microsoft bets a carbon removal bake-off will help offset its skyrocketing AI emissions
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Microsoft bets a carbon removal bake-off will help offset its skyrocketing AI emissions

Microsoft is buying 10,000 tons of carbon credits from Deep Sky, a direct air capture developer.

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

Microsoft is buying 10,000 tons of carbon credits from Deep Sky, a direct air capture developer.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Meghan Markle is expanding her consumer portfolio
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Meghan Markle is expanding her consumer portfolio

Instyle reported yesterday that Meghan is an investor in the hair and wellness company Highbrow Hippie, founded by her colorist Kadi Lee, and Myka Harris. The company was announcing the launch of a new hair care line and Meghan told the outlet that she was “proud to invest in her as a friend and as […]

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

Instyle reported yesterday that Meghan is an investor in the hair and wellness company Highbrow Hippie, founded by her colorist Kadi Lee, and Myka Harris. The company was announcing the launch of a new hair care line and Meghan told the outlet that she was “proud to invest in her as a friend and as
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

How to use Bluesky, the Twitter-like app that’s taking on Elon Musk’s X
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How to use Bluesky, the Twitter-like app that’s taking on Elon Musk’s X

Bluesky is continuing to blow up. The Twitter-like service and alternative to Elon Musk’s X, has now surpassed 16 million users after seeing rapid growth in the days following the U.S. presidential election. While many are leaving X over the service’s increasing right-wing leanings and Musk’s campaigning for Trump, others are unhappy with other changes […]

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

Bluesky is continuing to blow up. The Twitter-like service and alternative to Elon Musk’s X, has now surpassed 16 million users after seeing rapid growth in the days following the U.S. presidential election. While many are leaving X over the service’s increasing right-wing leanings and Musk’s campaigning for Trump, others are unhappy with other changes
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Chinese autonomous driving startup Pony AI seeks up to $224M in US IPO
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Chinese autonomous driving startup Pony AI seeks up to $224M in US IPO

Pony AI is inching closer to its initial public offering in the U.S., but as it does so, it continues to drop its minimum target for what it hopes to raise in the transaction.   Pony operates a fleet of 190 “robotrucks” in Beijing and Guangzhou and more than 250 robotaxis in Beijing, Guangzhou, Shenzhen, and […]

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

Pony AI is inching closer to its initial public offering in the U.S., but as it does so, it continues to drop its minimum target for what it hopes to raise in the transaction.   Pony operates a fleet of 190 “robotrucks” in Beijing and Guangzhou and more than 250 robotaxis in Beijing, Guangzhou, Shenzhen, and
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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