Tag: techcrunch.com
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Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2019/12/Matthew-Prince-CloudflareDSC00252.jpg?resize=1200,800″] Cloudflare on Thursday joined a growing list of tech companies — including Meta, Microsoft, and Amazon — that have reported increased revenue alongside massive layoffs, attributing both trends to their use of AI. Cloudflare, which provides internet security and performance services to millions of websites worldwide, announced it was cutting its workforce…
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Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2024/08/Porsche-electric-macan-Getty.jpg?resize=1200,801″] Porsche is closing three of its subsidiaries as it copes with falling sales and declining profits, the German automaker announced Friday. The automaker’s battery subsidiary, Cellforce Group, is perhaps the highest-profile casualty. The division had already been through a “realignment” in August after Porsche dropped plans to make its own batteries, turning…
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Mother Ventures is looking at moms as the ‘economic engine’
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2019/07/GettyImages-1041147560.jpg?resize=1200,800″] As families across the U.S. prepare to celebrate Mother’s Day this Sunday, Allison Stern is looking beyond the single day of appreciation. Stern just closed $10 million in commitments for her debut early-stage fund, Mother Ventures, which focuses exclusively on the mother as a consumer. “In the U.S., moms are responsible for…
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Uber partner Avride is under investigation for self-driving crashes
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/04/avride-uber.jpeg?resize=1200,800″] The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into Avride, a robotaxi company that has partnered with Uber, after identifying more than a dozen crashes and one minor injury. The safety regulator’s Office of Defects Investigation (ODI) said all 16 crashes that it has identified have to do with…
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Poland says hackers breached water treatment plants, and the US is facing the same threat
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/05/poland-flag.jpg?resize=1200,800″] Poland’s intelligence service said it detected attacks on five water treatment plants where hackers could have taken control of the industrial equipment inside, including, in the worst case, tampering with the safety of the water supply. The story is relevant beyond Poland’s borders: U.S. water infrastructure has faced similar threats in recent…
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US defense contractor who sold hacking tools to Russian broker ordered to pay $10M to former employers
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/02/l3harris-logo-parking.jpg?resize=1200,885″] Peter Williams, a veteran cybersecurity executive who was the head of the hacking and surveillance tech division of U.S. defense contractor L3Harris, has been ordered to pay $10 million to his former employer. Williams was the central figure in one of the worst leaks of advanced hacking tools in the history of…
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Pentagon releases UFO files on new website
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/05/ufo-GettyImages-1491159515.jpg?resize=1200,633″] The Trump administration on Friday launched a new website that will house a collection of “new, never-before-seen” files about UFOs, according to the Pentagon. (And yes, we’re apparently okay with calling them UFOs again, as the URL to the new website is war.gov/ufo.) In a public announcement by the Defense Department —…
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The “people’s airline” and the enterprise AI gold rush
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2025/08/Claude-Chrome-Ext_email-hero-hero.png?w=1200″] Listen onApple PodcastsListen onSpotify Everyone wants a piece of the enterprise AI pie, and this week, we saw a string of companies making their moves. From Anthropic and OpenAI announcing new joint ventures targeting enterprise AI deployment to SAP dropping $1B on German AI startup Prior Labs, it’s becoming clear that if you’re a startup building enterprise tools, you’re likely an acquisition target. On this…
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Truecaller slashes 70 jobs amid declining ad sales
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/04/truecaller.jpg?resize=1200,800″] Sweden-based caller ID company Truecaller said it will cut 70 jobs, or roughly 15% of its workforce, in the second quarter, as the company posted its Q1 2026 results with a decline in revenue and profits. Truecaller blamed real-money gaming in India, changes in advertising partner algorithms, and conflict in the Middle…
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Live only at TechCrunch Disrupt 2026: Why most founders are already behind on raising a Series A in 2027
[analyse_image type=”featured” src=”https://techcrunch.com/wp-content/uploads/2026/05/TCD26_3-Speaker-Achadjian-Wade-Singh-16×9-Dark.png?resize=1200,675″] If you’re planning to raise a Series A in the next 12 to 24 months, the rules you think you’re playing by may already be outdated. Series A isn’t just harder — it’s slower, more selective, and increasingly unforgiving. The bar has shifted, and many founders are still optimizing for a version of the market that no longer exists. At TechCrunch Disrupt 2026, taking…