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Bench customers are now being forced to hand over their data or risk losing it, they say 10 January 2025 at 13:58

Bench customers are now being forced to hand over their data or risk losing it, they say

By: Mary Ann Azevedo

10 January 2025 at 13:58

After accounting startup Bench abruptly shut down on December 27 and was bought in a fire-sale by Employer.com, Bench customers are now learning they can’t easily just take their financial data and leave. And some are very unhappy about it, three customers told TechCrunch. To recap: When Bench, a startup based in Canada that raised […]

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ICON, a builder of 3D-printed homes last valued around $2 billion, cuts about 25% of staff 9 January 2025 at 16:07

ICON, a builder of 3D-printed homes last valued around $2 billion, cuts about 25% of staff

TechCrunch News

By: Mary Ann Azevedo

9 January 2025 at 16:07

ICON Technologies Inc., which builds homes using 3D printing, is laying off 114 people, according to a WARN letter filed with the Texas Workforce Commission. A spokesperson for the company confirmed the news to TechCrunch, providing a statement that ICON had “recently made a difficult decision to re-align” its team and team size “to focus […]

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What the heck happened at fintech Bench? 7 January 2025 at 10:05

What the heck happened at fintech Bench?

TechCrunch News

By: Mary Ann Azevedo

7 January 2025 at 10:05

Welcome to TechCrunch Fintech! It’s good to be back. This week, we’re looking at the wild ride that was Bench’s shutdown and acquisition; dozens of companies that are hiring in the fintech space; lawsuits against PayPal; an IPO update; and more! This edition is a bit longer than normal since we were on a hiatus […]

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Employer.com offers to buy failed fintech Level, a week after it makes offer for Bench 7 January 2025 at 08:47

Employer.com offers to buy failed fintech Level, a week after it makes offer for Bench

TechCrunch News

By: Mary Ann Azevedo

7 January 2025 at 08:47

Employer.com has offered to acquire Level, a fintech startup that just last week abruptly shut down after failing to find a buyer, according to The Information. But Level is still mulling over the offer, its Employer.com CMO Matt Charney told TechCrunch. “It’s with legal,” he said. Update: There are other details, beyond legal, that are […]

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These fintech companies are hiring in 2025 after a turbulent year 3 January 2025 at 13:37

These fintech companies are hiring in 2025 after a turbulent year

TechCrunch News

By: Mary Ann Azevedo

3 January 2025 at 13:37

While the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams.

TechCrunch News
Microsoft to spend $80 billion in FY’25 on data centers for AI 3 January 2025 at 11:52

Microsoft to spend $80 billion in FY’25 on data centers for AI

TechCrunch News

By: Mary Ann Azevedo

3 January 2025 at 11:52

Microsoft has earmarked $80 billion in fiscal 2025 to build data centers designed to handle artificial intelligence workloads, according to a company blog post. Specifically, the tech giant plans to build out AI-enabled data centers “to train AI models and deploy AI and cloud-based applications around the world.” Of that $80 billion allocation, more than […]

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