Josh Raffaelli, who has deep roots as a Silicon Valley investor and has backed a number of Elon Musk companies, is suing former employer, the massive trillion-dollar AUM Brookfield Asset Management, reports The New York Times. Much of Raffaelli’s complaint concerns how Brookfield covered pandemic-related real estate losses and alleges the company fired him after
23andMe, the genetic testing giant once valued in the billions, is now navigating Chapter 11 bankruptcy and notifying millions of current and former customers that they may be eligible to file claims as part of the restructuring process. The company and 11 of its subsidiaries, including Lemonaid Health and LPRXOne, filed for bankruptcy protection on
OpenAI appears to be pulling well ahead of rivals in the race to capture enterprises’ AI spend, according to transaction data from fintech firm Ramp. According to Ramp’s AI Index, which estimates the business adoption rate of AI products by drawing on Ramp’s card and bill pay data, 32.4% of U.S. businesses were paying for
Small businesses could be crushed under President Trump’s increased tariffs, according to an open letter by 38 female consumer product founders. While Trump paused his tariff increases for 90 days for various countries — setting the rate at 10% for now — China’s was raised to 145%, which includes the previous 20% levy. In the letter,
San Francisco Mayor Daniel Lurie wants to bring his city back to its glory days. And he’s convinced tech leaders — who often pitch utopian ideals of their own — can help him deliver. “I’m a mayor that is picking up the phone and calling CEOs,” said Lurie during TechCrunch’s StrictlyVC event on Thursday night.
Tesla received a permit Tuesday from the California Public Utilities Commission (CPUC) to operate a transportation service in the state, the beginning of a long regulatory road that could eventually lead to the company getting the OK to operate a robotaxi service there. The permit, which Tesla applied for in November 2024, doesn’t cover autonomous
Nerdio, a platform designed to simplify how companies deploy and manage Microsoft cloud technologies, has raised $500 million in a Series C round of funding. The Chicago-based startup says its valuation has now quadrupled since its Series B round two years ago, and is now firmly in unicorn territory — though the company wouldn’t reveal
After reporting in January that Apple is adding an “Air” option to its iPhone lineup, Bloomberg’s Mark Gurman is offering more details about the upcoming slimmer iPhone. The iPhone 17 Air will launch this fall, Gurman says — and like the MacBook Air, it will be thinner than standard models, while combining high-end and low-end
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
We’ve all experienced that moment of frustration when the GPS glitches and you miss an exit on the highway. The team at Tern AI, which is building a low-cost GPS alternative, says that’s because the current technology is limited by its reliance on satellite positioning. Tern AI says it has figured out how to locate
