Welcome back to the SaaS bear market
Investors have sold off cloud stocks to the point that they are in bear-market territory when compared to 2023 peaks. © 2023 TechCrunch. All rights reserved. For personal use only.
GM reaches tentative deal with UAW, ending widespread six-week autoworkers strike
The United Autoworkers reached a tentative agreement Monday with General Motors, wrapping up a six-week strike that affected the Big three U.S. automakers and sent nearly 50,000 workers to the picket lines. The
With deadline looming, Broadcom tries to push $61B VMware deal over finish line
Broadcom announced its intention to buy VMware for $61 billion in May 2022. After clearing a number of regulatory hurdles including the U.S., UK and European Union, it announced In August that the deal would close
ChatGPT app revenue shows no signs of slowing, but some other AI apps top it
ChatGPT, the AI-powered chatbot from OpenAI, far outpaces all other AI chatbot apps on mobile devices in terms of downloads and is a market leader by revenue, as well. However, it’s surprisingly not the top AI app
Why startups should start preparing now for a potential founder breakup
Founders are inherently optimists, but they should plan for worst-case scenarios so they aren’t blindsided if something does happen. © 2023 TechCrunch. All rights reserved. For personal use only.
Governments are getting their AI-regulating boots on
We’re looking at a massive earnings week, the Biden administration’s order regarding AI, Web Summit’s new CEO, and more. © 2023 TechCrunch. All rights reserved. For personal use only.
Japan’s MagicPod takes its no-code testing platform global
Tokyo-based MagicPod is a no-code test automation platform for web and mobile apps that, until now, almost exclusively focused on the Japanese market. There, it counts Line, Japan’s most popular messaging app, among
Meta to offer ad-free subscription in Europe in bid to keep tracking other users
Meta is to offer an ad-free subscription version of Facebook and Instagram in the European Union, EEA (European Economic Area) and Switzerland, confirming the core of a report in the WSJ earlier this month. The new
President Biden issues executive order to set standards for AI safety and security
U.S. President Joe Biden has issued an executive order (EO) that seeks to establish “new standards” for AI safety and security, including requirements for companies developing foundation AI models to notify federal
Qualcomm Takes Aim at Redefining Mobile and PC Technology
This year’s Qualcomm event was all about AI, and it promised not only to revolutionize smartphones and PCs but also to create a level of interoperability that has been promised for years but never delivered. The