Reddit goes down just as a site-wide protest against its unpopular new API policy kicks off
Just as thousands of Reddit communities went dark to protest the company’s controversial new policy that will put third-party apps out of business, the website itself has gone down. Reddit confirmed to TechCrunch a planned protest against its new policy has caused the outage. According to user reports, Reddit.com first began experiencing problems around 10:25 […]
Apple 15-inch M2 MacBook Air review
The thin and light notebook is a creature of sacrifice. It’s a reminder that freedom of movement means leaving things behind. It’s packing a single knapsack for a week-long trip, leaving your home unencumbered, but entirely aware that some of the things you might want – or even occasionally need – won’t be coming with […]
Former Samsung exec accused of stealing data to build copycat chip plant in China
A former executive of Samsung Electronics allegedly stole the memory chip juggernaut’s confidential semiconductor data to build a copycat chip facility in China, South Korean prosecutors said on Monday. The 65-year-old defendant, who also previously worked for Korean chipmaker SK Hynix, has been arrested and accused of violating industrial technology protection laws and stealing trade […]
Better.com lays off real estate team and shutters business unit
Digital mortgage lender Better.com is exiting the real estate business. The struggling fintech startup laid off its real estate team on June 7, multiple sources confirmed to TechCrunch. The company is said to be shifting from an in-house agent model to a partnership agent model. One person who was impacted by the move told TechCrunch […]
TechCrunch+ roundup: OKR basics, betting on Apple Vision Pro, why smooth onboarding is bad
Airport runways are built to international standards, but civil engineers and architects must consider wind, terrain and a host of other factors before sketching out blueprints. Startup runways are similar: Healthcare and fintech face different headwinds, which means companies in these sectors manage their cash differently. According to Healy Jones, who oversees financial analysis and […]
Carvana crashes back down to earth
Carvana’s big rally is now looking more like a blip on the radar. Shares in the online-car retailer soared Thursday, closing up by 56% from the prior day on news that it expected to post $50 million worth of adjusted EBITDA in the current quarter, powered by stronger per-car sales profitability. For Carvana, the gains […]
Better.com lays off real estate team and shutters business unit
Digital mortgage lender Better.com is exiting the real estate business. The struggling fintech startup laid off its real estate team on June 7, multiple sources confirmed to TechCrunch. The company is said to be shifting from an in-house agent model to a partnership agent model. One person who was impacted by the move told TechCrunch […]
Apple’s Vision Pro reignites excitement in China’s XR world
Apple’s launch of Vision Pro, what it refers to as its first spatial computer, is generating a lot of buzz in China. The hashtag #Apple Vision Pro 苹果首款头显 (Apple’s first head-mounted display) amassed over 40 million views on Weibo, China’s Twitter equivalent, on the launch day alone. The country’s virtual and augmented reality industry went […]
Meta to appeal court ruling declaring content moderators as its employees
Meta is set to appeal Kenya’s court decision declaring it as the primary employer of the moderators that review content on its platforms in sub-Saharan Africa. Meta has filed a notice of appeal against the ruling made last week on orders issued in March. This comes after 184 moderators sued it, and its content review […]
Mercedes first to sell vehicles in California with hands-free, eyes-off automated driving
Mercedes-Benz received a permit from California regulators that will allow the German automaker to sell or lease vehicles in the state equipped with a conditional automated driving system that allows for hands off, eyes-off driving on certain highways. The California Department of Motor Vehicles said Thursday it issued an autonomous vehicle deployment permit to Mercedes-Benz […]