Startup and Technology News
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Shopify acquires Threads (no, not that one)

Shopify has acquired Threads.com, the Seqiuoa-backed Slack alternative, Threads said on its website. The companies didn’t disclose the terms of the deal but said that the Threads.com team will join Shopify. Threads added that after the launch of Meta’s social network with the same name last year, the startup had “the opportunity to sell our […] © 2024...

Fri Jun 7, 2024 13:41
Bangladeshi police agents accused of selling citizens’ personal information on Telegram

Two senior police officials in Bangladesh are accused of collecting and selling citizens' personal information to criminals on Telegram. © 2024 TechCrunch. All rights reserved. For personal use only.

Fri Jun 7, 2024 05:40
Carta’s valuation to be cut by billions in an upcoming secondary sale

Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at $2 billion, TechCrunch has learned. Carta is working with the investment bank Jeffries on the sale and initially hoped to find demand for the offering […] © 2024 TechCrunch....

Fri Jun 7, 2024 03:39
Boeing’s Starliner overcomes leaks and engine trouble to dock with ‘the big city in the sky’

Boeing’s Starliner spacecraft has successfully delivered two astronauts to the International Space Station, a key milestone in the aerospace giant’s quest to certify the capsule for regular crewed missions.  Starliner safely docked at 10:34 AM Pacific Time. After taking some time to equalize pressure between Starliner and the station, the hatch opened...

Fri Jun 7, 2024 02:39
Rivian’s path to survival is now remarkably clear

Rivian needs to sell its new revamped vehicles at a profit in order to sustain itself long enough to get to the cheaper mass market R2 SUV on the road. © 2024 TechCrunch. All rights reserved. For personal use only.

Thu Jun 6, 2024 23:36
HSBC believes that $22 billion Byju’s is now worth zero

HSBC and BlackRock estimate that the Indian edtech giant Byju's, once valued at $22 billion, is now worth nothing. © 2024 TechCrunch. All rights reserved. For personal use only.

Thu Jun 6, 2024 23:36

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