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Africa’s newest fintech unicorns are winning by keeping their feet on the ground

Africa’s tech ecosystem just got a boost of attention, with South Africa’s TymeBank and Nigeria’s Moniepoint both raising funds in recent weeks at valuations of over $1 billion and joining the coveted unicorn pantheon. But those valuations don’t just reflect investor confidence. They signal the success they’ve had in taking disruptive fintech models originally developed […]

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Permira’s Brian Ruder talks AI, Squarespace acquisition, and the value of co-leadership

It has been a busy year in the private equity realm, with countless big-money acquisitions unfolding. The take-private space specifically has seen some sizable transactions, with private equity firms spearheading more than a dozen billion-dollar deals for public tech companies. London-headquartered Permira was a key protagonist, joining Blackstone to acquire European online classifieds group Adevinta […]

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Google CEO says AI model Gemini will be the company’s ‘biggest focus’ in 2025

CEO Sundar Pichai reportedly told Google employees that 2025 will be a “critical” year for the company. CNBC reports that it obtained audio from a December 18 strategy meeting where Pichai and other executives put on ugly holiday sweaters and laid out their priorities for the coming year. “I think 2025 will be critical,” Pichai […]

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Trump asks Supreme Court to pause imminent TikTok ban

Attorneys representing President-elect Donald Trump have asked the Supreme Court to pause a law that would force TikTok-owner ByteDance to sell the short-form video app or see it banned from the United States. If the app isn’t sold, the ban is set to take effect in just a few weeks, on January 19. ByteDance is […]

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How to watch CES 2025’s press conferences

CES kicks off January 7. The annual Las Vegas event sets the tone of the year’s consumer electronics and automotive industries. As always, TechCrunch will be there, sniffing stories from the most exciting startups and tech giants. If you really want a piece of the action without paying for the hotel and flight, many of […]

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Best iPad apps for unleashing and exploring your creativity

There are a number of iPad apps that can help you explore and express your creativity. Although the iPad started off as a simple device that could be used to stream content or browse the web on the go, Apple has essentially turned its iPads into powerful machines that can be used to do things […]

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Revisiting the biggest moments in the space industry in 2024

We are at the dawn of a new space age. If you doubt, simply look back at the last year: From SpaceX’s historic catch of the Super Heavy booster to the record-breaking number of lunar landing attempts, this year was full of historic and ambitious missions and demonstrations.  We’re taking a look back at the […]

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Bench shuts down, leaving thousands of businesses without access to accounting and tax docs

Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has abruptly shut down, according to a notice posted on its website.   “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible,” the notice reads. “We know this news is abrupt and may […]

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Nonprofit group joins Elon Musk’s effort to block OpenAI’s for-profit transition

Encode, the nonprofit organization that co-sponsored California’s ill-fated SB 1047 AI safety legislation, has requested permission to file an amicus brief in support of Elon Musk’s injunction to halt OpenAI’s transition to a for-profit company. In a proposed brief submitted to the U.S. District Court for the Northern District of California Friday afternoon, counsel for […]

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Terraform Labs co-founder Do Kwon will face fraud charges in the US

Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform […]

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The trends that shaped EVs, robotaxis, and electric flight in 2024

If there was one phrase that captured the vibe and theme of 2024 — at least in the transportation sector — it was “business whiplash.” Legacy automakers changed direction on their all-EVs-or-bust strategy, startups pivoted, and some Silicon Valley VCs and executives adjusted their views on a changing political landscape in which they now are […]

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Why DeepSeek’s new AI model thinks it’s ChatGPT

Earlier this week, DeepSeek, a well-funded Chinese AI lab, released an “open” AI model that beats many rivals on popular benchmarks. The model, DeepSeek V3, is large but efficient, handling text-based tasks like coding and writing essays with ease. It also seems to think it’s ChatGPT. Posts on X — and TechCrunch’s own tests — […]

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LG mounts planters on a lamp for apartment growing

LG may have the earliest big press conference of CES, but the Korean electronics giant still can’t help announcing a bunch of products ahead of the show. As ever, the pile of news is a mixed bag with a few interesting additions. These plant lamps undoubtedly qualify as the latter. Details on the products — […]

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Watch this four-legged robot adapt to tricky situations like an animal

Researchers at the University of Leeds recently demonstrated a framework for a quadruped robot with a design inspired by the biomechanics of four-legged animals. The versatile robot is able to navigate complex environments, maintain stability on uneven ground, and recover after a fall — all without the use of extra-perceptive sensors.

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Want a cheap EV? Hertz is handing out discounts to renters

Hertz has been contacting people who are in the middle of renting electric vehicles recently to offer them the option to buy the car instead of returning it, reports The Verge. And the offers are pretty sweet, according to some renters who shared the offers on Reddit.  One renter was reportedly offered a 2023 Chevy […]

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OpenAI lays out its for-profit transition plans

OpenAI says its corporate structure must evolve to advance its mission of ensuring artificial general intelligence (AGI) — AI that can complete most tasks humans can — benefits all humanity. The company currently has a for-profit org controlled by a nonprofit, with a “capped profit” share for investors and employees. But in a blog post […]

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