YC-backed food supply startup Vendease restructures employees’ salaries
0
YC-backed food supply startup Vendease restructures employees’ salaries

Y Combinator-backed Nigerian food procurement startup Vendease has changed its employee pay structure and is seeking fresh capital, TechCrunch has learned. This is after laying off 44% of its workforce — around 120 employees —last month, marking its second round of job cuts in five months. In the latest development, the startup has now replaced […]

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

Y Combinator-backed Nigerian food procurement startup Vendease has changed its employee pay structure and is seeking fresh capital, TechCrunch has learned. This is after laying off 44% of its workforce — around 120 employees —last month, marking its second round of job cuts in five months. In the latest development, the startup has now replaced
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

GrubMarket raises $50M at a $3.5B+ valuation to build AI for the $1 trillion food distribution industry
0
GrubMarket raises $50M at a $3.5B+ valuation to build AI for the $1 trillion food distribution industry

U.S. President Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid other uncertainty — actions that will inevitably impact the technology sector, too. Today, however, one food e-commerce startup, GrubMarket, is announcing a new equity round of $50 million on a raised valuation of over $3.5 billion — a signal of […]

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

U.S. President Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid other uncertainty — actions that will inevitably impact the technology sector, too. Today, however, one food e-commerce startup, GrubMarket, is announcing a new equity round of $50 million on a raised valuation of over $3.5 billion — a signal of
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Google revives talks to acquire Wiz at higher valuation
0
Google revives talks to acquire Wiz at higher valuation

Google’s parent company Alphabet is again in advanced talks to acquire cloud cybersecurity startup Wiz, a person familiar with the deal told TechCrunch. The two companies were close to securing a deal at a $23 billion valuation last summer, but the transaction failed to materialize.  This time, the price being discussed is higher, the person […]

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

Google’s parent company Alphabet is again in advanced talks to acquire cloud cybersecurity startup Wiz, a person familiar with the deal told TechCrunch. The two companies were close to securing a deal at a $23 billion valuation last summer, but the transaction failed to materialize.  This time, the price being discussed is higher, the person
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Rippling sues Deel, Deel denies ‘all legal wrongdoing’, and Slack is the main witness
0
Rippling sues Deel, Deel denies ‘all legal wrongdoing’, and Slack is the main witness

It’s gloves off in one of the more tense rivalries in the world of startups. HR company Rippling Monday morning announced a lawsuit against Deel, another big player in the same space. The dramatic 50-page complaint alleges racketeering, misappropriation of trade secrets, tortious interference, unfair competition, and aiding and abetting a breach of fiduciary duty. […]

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

It’s gloves off in one of the more tense rivalries in the world of startups. HR company Rippling Monday morning announced a lawsuit against Deel, another big player in the same space. The dramatic 50-page complaint alleges racketeering, misappropriation of trade secrets, tortious interference, unfair competition, and aiding and abetting a breach of fiduciary duty.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Flexport accuses former employees of stealing its source code to create a rival startup
0
Flexport accuses former employees of stealing its source code to create a rival startup

Flexport accuses Freightmate of being the product of “theft, not ingenuity” in its lawsuit against the startup.

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

Flexport accuses Freightmate of being the product of “theft, not ingenuity” in its lawsuit against the startup.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

YC-backed ReactWise is applying AI to speed up drug manufacturing
0
YC-backed ReactWise is applying AI to speed up drug manufacturing

Artificial intelligence continues stirring things up in chemistry. To wit: YC-backed Cambridge, U.K.-based ReactWise is using AI to speed up chemical manufacture — a key step in bringing new drugs to market. Once a promising drug has been identified in the lab, pharma firms need to be able to produce much larger amounts of the […]

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

Artificial intelligence continues stirring things up in chemistry. To wit: YC-backed Cambridge, U.K.-based ReactWise is using AI to speed up chemical manufacture — a key step in bringing new drugs to market. Once a promising drug has been identified in the lab, pharma firms need to be able to produce much larger amounts of the
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Vote for the session you want to see at TechCrunch Sessions: AI 
0
Vote for the session you want to see at TechCrunch Sessions: AI 

We’ve been blown away by the overwhelming response to speak at TechCrunch Sessions: AI on June 5 in Zellerbach Hall at UC Berkeley. After thorough consideration, we’ve selected six standout finalists. The power to choose who will take the stage and share their AI expertise with 1,200 AI leaders and enthusiasts is now in your […]

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

We’ve been blown away by the overwhelming response to speak at TechCrunch Sessions: AI on June 5 in Zellerbach Hall at UC Berkeley. After thorough consideration, we’ve selected six standout finalists. The power to choose who will take the stage and share their AI expertise with 1,200 AI leaders and enthusiasts is now in your
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Bench is charging people for services they already paid for, some customers say
0
Bench is charging people for services they already paid for, some customers say

Bench customers say they’re being required to pay for services they already paid for. Bench’s new owners deny it.

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

Bench customers say they’re being required to pay for services they already paid for. Bench’s new owners deny it.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Profitable Klarna files for a potentially blockbuster IPO
0
Profitable Klarna files for a potentially blockbuster IPO

Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 public. Here are the top take-aways.

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

Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 public. Here are the top take-aways.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

China is reportedly keeping DeepSeek under close watch
0
China is reportedly keeping DeepSeek under close watch

China appears to think homegrown AI startup DeepSeek could become a notable tech success story for the country.  After DeepSeek’s sudden rise to fame in January with the release of its open “reasoning” model, R1, the company is now operating under new, tighter government-influenced restrictions, according to The Information. Some of the company’s employees have […]

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

China appears to think homegrown AI startup DeepSeek could become a notable tech success story for the country.  After DeepSeek’s sudden rise to fame in January with the release of its open “reasoning” model, R1, the company is now operating under new, tighter government-influenced restrictions, according to The Information. Some of the company’s employees have
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

✕
Hirebucket

FREE
VIEW